Burlington Community Development Corp

Organization Overview

Burlington Community Development Corp is located in Burlington, VT. The organization was established in 2000. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burlington Community Development Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2022, Burlington Community Development Corp generated $420.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $163.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP FURTHER THE COMMUNITY AND ECONOMIC DEVELOPMENT OBJECTIVES OF THE CITY OF BURLINGTON. THE ORGANIZATION WORKS IN PARTNERSHIP WITH CITY DEPARTMENTS TO SECURE FINANCING FOR CITY SPONSORED PROJECTS, AND OFTEN HOLDS TITLE TO PROPERTY FOR REDEVELOPMENT EFFORTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REAL ESTATE PROJECTS TO PROMOTE ECONOMIC DEVELOPMENT IN THE BURLINGTON AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Mayor Miro Weinberger
President
$0
Zoraya Hightower
Board Member
$0
Ali Dieng
Board Member
$0
Karen Paul
Board Member
$0
Max Tracy
Board Member (until 4/2022)
$0
Joe Magee
Board Member (joined 4/2022)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$414,473
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $420,473

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