Green Mountain Carshare
- Assets
- $534.9k
- Revenue
- $722.7k
- Investments
- $0.0
- Employees
- 15
- Location
- Burlington, VT
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 26-2264386
Organization Overview
Green Mountain Carshare, operating under the name CarShare Vermont, is located in Burlington, VT. The organization was established in 2010. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, CarShare Vermont employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. CarShare Vermont is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, CarShare Vermont generated $722.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $736.4k during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN ALTERNATIVE TO PRIVATE CAR OWNERSHIP THROUGH MEMBERSHIP AND HOURLY RENTAL OF ENERGY EFFICIENT CARS AND PICKUP TRUCKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREEN MOUNTAIN CARSHARE, INC. (DBA CARSHARE VERMONT) WORKS TO REDUCE VEHICLE DEPENDENCE AND IMPROVE MOBILITY FOR VERMONTERS BY PROVIDING AN AFFORDABLE AND CONVENIENT CARSHARING SERVICE. IT ALSO IMPLEMENTS A RANGE OF COMMUNITY OUTREACH CAMPAIGNS AND PROGRAMS AIMED AT INCREASING AWARENESS ABOUT THE ENVIRONMENTAL, FINANCIAL, AND SOCIAL COSTS OF VEHICLE DEPENDENCE AND INCREASING ACCESS TO CARSHARING AMONG VULNERABLE COMMUNITY MEMBERS. CARSHARING IS A NEIGHBORHOOD-BASED, SHORT-TERM SHARED MOBILITY SERVICE THAT MAKES A NETWORK OF VEHICLES AVAILABLE TO A GROUP OF USERS BY THE HOUR OR DAY. ANYONE IS ELIGIBLE TO PARTICIPATE IN THE SERVICE WHO IS AT LEAST 18 YEARS OLD, HAS HAD TWO CONSECUTIVE YEARS OF DRIVING EXPERIENCE, AND MAINTAINS A CLEAN DRIVING RECORD. IN 2023, MORE THAN 1,000 RESIDENTS SHARED A FLEET OF 24 VEHICLES LOCATED THROUGHOUT BURLINGTON AND WINOOSKI. SINCE ITS LAUNCH IN 2008, CARSHARE VERMONT MEMBERS HAVE HELPED REMOVE 360 VEHICLES FROM THE ROAD AND REDUCED THEIR VEHICLE MILES TRAVELED BY OVER 28 MILLION MILES, SAVING THOUSANDS OF TONS OF CARBON EMISSIONS FROM ENTERING THE ATMOSPHERE.THROUGH ITS MOBILITYSHARE PROGRAM, CARSHARE VERMONT OFFERS FREE ANNUAL MEMBERSHIPS AND DISCOUNTED DRIVING RATES TO HOUSEHOLDS WITH LOW INCOMES. DURING 2023, CARSHARE VERMONT PROVIDED 173 FREE MEMBERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Miller Chair | OfficerTrustee | 0.5 | $0 |
Chris Cole Vice Chair | OfficerTrustee | 0.5 | $0 |
Jessica Oski Secretary | OfficerTrustee | 0.5 | $0 |
Jay Tandan Treasurer | OfficerTrustee | 0.5 | $0 |
Donnie Coleman Member | Trustee | 0.5 | $0 |
Owiso Makuku Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $132,360 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,610 |
| Total Program Service Revenue | $566,494 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,576 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $722,680 |
| 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. | $62,717 |
| Compensation of current officers, directors, key employees. | $21,952 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $220,223 |
| Pension plan accruals and contributions | $5,490 |
| Other employee benefits | $16,860 |
| Payroll taxes | $25,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,628 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,990 |
| Advertising and promotion | $45,886 |
| Office expenses | $4,583 |
| Information technology | $19,443 |
| Royalties | $0 |
| Occupancy | $21,546 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,533 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,146 |
| Insurance | $2,737 |
| All other expenses | $0 |
| Total functional expenses | $736,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,818 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,755 |
| 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 | $38,778 |
| Net Land, buildings, and equipment | $279,538 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $534,889 |
| Accounts payable and accrued expenses | $41,825 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $41,825 |
| Net assets without donor restrictions | $0 |
| 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 | $493,064 |
| Total liabilities and net assets/fund balances | $534,889 |