Vermont Software Developersalliance Inc
- Assets
- $38.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 12/2006
- Data as of
- 12/2021
- EIN
- 20-5367423
Organization Overview
Vermont Software Developersalliance Inc is located in Burlington, VT. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Vermont Software Developersalliance Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Vermont Software Developersalliance Inc generated $167.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $146.2k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE VERMONT SOFTWARE DEVELOPERS ALLIANCE DBA THE VERMONT TECHNOLOGY ALLIANCE (VTTA) IS A NON-PROFIT BUSINESS ASSOCIATION WITH A MISSION TO SUPPORT, PROMOTE, AND GROW TECHNOLOGY BUSINESSES AND TECHNOLOGY JOBS IN VERMONT. THE VTTA ADVOCATES ON BEHALF OF THE VERMONT TECHNOLOGY BUSINESS SECTOR; COLLABORATES WITH GOVERNMENT, BUSINESS, NON-PROFIT AND EDUCATION LEADERS; PROMOTES VERMONTS TECH BUSINESS SECTOR; CREATES OPPORTUNITIES FOR NETWORKING; ORGANIZES TECHNOLOGY PROGRAMS AND EVENTS; AND CONNECTS WITH THE TECH COMMUNITY THROUGH ITS COMMUNICATION CHANNELSHIGHLIGHTS INCLUDE-SHARED INFORMATION ON HOW THE VERMONT TECH BUSINESSES HELPED ADDRESS THE COMMUNITY NEEDS IN RESPONSE TO THE IMPACT OF COVID-19, AND HOW VTTA MEMBERS MADE FINANCIAL AND IN-KIND CONTRIBUTIONS TO COMMUNITY AND NON-PROFIT ORGANIZATIONS.-THE VTTA ORGANIZED FREE, ONLINE WEBINARS FOR ITS MEMBERS AND COMMUNITY ON A RANGE OF TOPICS INCLUDING HIRING, MARKETING AND STRATEGIC PLANNING TO SURVIVE THE IMPACT OF THE PANDEMIC.-HELPED BUSINESSES WITH WORKFORCE RECRUITMENT, INCLUDING POSTING MORE THAN 800 JOBS IN OUR CAREER CENTER THAT WERE VIEWED BY MORE THAN 11,000 POTENTIAL CANDIDATES, AND EXPANDED ITS LINKEDIN GROUP BY MORE THAN 25% TO 1900 MEMBERS, MANY OF WHOM ARE INTERESTED IN CAREER OPPORTUNITIES. -THE VTTA CONNECTED WITH MORE THAN 60 EDUCATION, BUSINESS AND NON-PROFIT ORGANIZATIONS IN SUPPORT OF A RANGE OF REQUESTS AND PROGRAMS. -THE VTTA WORKED WITH GOVERNMENT OFFICIALS AND LEGISLATORS IN SUPPORT OF BROADBAND EXPANSION, WORKFORCE RELOCATION INCENTIVES, FUNDING FOR TECH STARTUP BUSINESSES, WORKFORCE TRAINING PROGRAMS AND CLOUD COMPUTING. -PROMOTED TECH-FOCUSED NEWS, EVENTS AND RESOURCES THROUGH ITS WEBSITE AND MONTHLY E-NEWSLETTER AND OTHER COMMUNICATIONS.-STARTED WORK ON A NEW WEBSITE DESIGNED TO ENHANCE AWARENESS OF VERMONT TECH BUSINESSES AND ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Couture Executive Director | 40 | $83,500 | |
Alex Meyer Board President/ Treasurer | 2 | $0 | |
Kate Foley Director | 1 | $0 | |
Emily Mcmahon Director | 1 | $0 | |
Tom Williams Director | 1 | $0 | |
Maureen Mcelaney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,945 |
| Total Program Service Revenue | $37,989 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,934 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $92,200 |
| Professional fees and other payments to independent contractors | $22,173 |
| Occupancy, rent, utilities, and maintenance | $720 |
| Printing, publications, postage, and shipping | $270 |
| Other expenses | $30,873 |
| Total expenses | $146,236 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,065 |
| Other assets | $0 |
| Total assets | $38,161 |
| Total liabilities | $27,445 |
| Net assets or fund balances | $10,716 |
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