Vermont Psychological Association Inc
- Assets
- $83.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Waterbury, VT
- Founding
- 09/1972
- Data as of
- 12/2023
- EIN
- 23-7225391
Organization Overview
Vermont Psychological Association Inc is located in Waterbury, VT. The organization was established in 1972. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Psychological Association 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 12/2023, Vermont Psychological Association Inc generated $185.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $173.3k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CONTINUING EDUCATION FOR MEMBERS AND ADVANCE PSYCHOLOGY AS A SCIENCE AND AS A MEANS OF PROMOTING HUMAN WELFARE.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION COORDINATED, MANAGED AND PRESENTED 12 SEPARATE CONTINUING EDUCATION COURSES FOR PSYCHOLOGISTS, LICENSED CLINICAL SOCIAL WORKERS, LICENSED MENTAL HEALTH COUNSELORS AND OTHER MENTAL HEALTH PROFESSIONALS. AVERAGE ATTENDANCE WAS INCREASED AT THESE EVENTS FROM APPROXIMATELY 70 IN 2020 TO 147 IN 2021 THROUGH MORE EFFECTIVE COMMUNICATION AND OUR PARTNERSHIP WITH BRATTLEBORO RETREAT, A 501(C)(3) ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Benton Board Member | 1 | $0 | |
Danielle Bergeron Ingram President | 1 | $0 | |
Jeffrey D Mckee Treasurer | 1 | $0 | |
Karen J Hack Vice President | 1 | $0 | |
Adam M Grundt Board Member | 1 | $0 | |
Richard Barnett Legislative Committee Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $136,120 |
| Membership dues | $37,381 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,937 |
| Total Revenue | $185,438 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,909 |
| Professional fees and other payments to independent contractors | $34,272 |
| Occupancy, rent, utilities, and maintenance | $688 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,420 |
| Total expenses | $173,289 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,824 |
| Other assets | $0 |
| Total assets | $82,968 |
| Total liabilities | $23,898 |
| Net assets or fund balances | $59,070 |