Vermont Business Roundtable
- Assets
- $1.0m
- Revenue
- $560.1k
- Investments
- $0.0
- Employees
- 4
- Location
- South Burlington, VT
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 22-2867726
Organization Overview
Vermont Business Roundtable is located in South Burlington, VT. The organization was established in 1988. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Vermont Business Roundtable employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Business Roundtable 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 12/2021, Vermont Business Roundtable generated $560.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $621.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUSTAIN A SOUND ECONOMY AND PRESERVE VERMONT'S UNIQUE QUALITY OF LIFE BY STUDYING AND MAKING RECOMMENDATIONS ON STATEWIDE PUBLIC POLICY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VERMONT BUSINESS ROUNDTABLE IS A NONPROFIT, NONPARTISAN ORGANIZATION OF CHIEF EXECUTIVE OFFICERS OF VERMONT'S LEADING PRIVATE AND NONPROFIT EMPLOYERS, REPRESENTING GEOGRAPHIC DIVERSITY AND ALL MAJOR SECTORS OF THE VERMONT ECONOMY. THE ROUNDTABLE IS COMMITTED TO SUSTAINING A SOUND ECONOMY AND PRESERVING VERMONT'S UNIQUE QUALITY OF LIFE BY STUDYING AND MAKING RECOMMENDATIONS ON STATEWIDE PUBLIC POLICY ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa M Ventriss President (until 05/21) | Officer | 40 | $129,119 |
Seth Bowden President (start 05/21) | Officer | 40 | $127,811 |
Judy O'connell Chair | OfficerTrustee | 2 | $0 |
Scott Giles Treasurer | OfficerTrustee | 2 | $0 |
Don George Secretary | OfficerTrustee | 2 | $0 |
Sara Byers Vice-Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $541,738 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $559,638 |
| Total Program Service Revenue | $0 |
| Investment income | $488 |
| 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 | $560,126 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $277,692 |
| Compensation of current officers, directors, key employees. | $41,654 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,701 |
| Payroll taxes | $25,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,327 |
| Fees for services: Lobbying | $20,375 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $426 |
| Office expenses | $12,737 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,987 |
| Travel | $867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,680 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,562 |
| Insurance | $5,978 |
| All other expenses | $7,381 |
| Total functional expenses | $621,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $395,214 |
| Savings and temporary cash investments | $314,462 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $251,682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $49,741 |
| Net Land, buildings, and equipment | $8,351 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,019,450 |
| Accounts payable and accrued expenses | $5,223 |
| Grants payable | $0 |
| Deferred revenue | $591,485 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $596,708 |
| Net assets without donor restrictions | $422,742 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,019,450 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vermont Business Roundtable has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
University Of Vermont Medical Center Inc Burlington, VT PURPOSE: COMMUNITY HEALTH IMPROVEMENT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nyc & Company Inc New York, NY | $15,500,744 | $29,142,880 |
Real Estate Board Of New York Inc New York, NY | $13,608,943 | $14,285,773 |
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |
Independent Drivers Guild Inc Long Island City, NY | $5,104,857 | $7,835,962 |
World Trade Centers Association Inc New York, NY | $23,293,174 | $7,185,978 |
Building Contractors Association Inc New York, NY | $2,719,541 | $4,963,157 |
Discover Long Island Inc Hauppauge, NY | $4,450,484 | $4,266,215 |