Building A Local Economy
- Assets
- $96.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Royalton, VT
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 27-4850835
Organization Overview
Building A Local Economy is located in South Royalton, VT. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: 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. Building A Local Economy 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 12/2022, Building A Local Economy generated $196.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $172.9k during the year ending 12/2022. While expenses have increased by 5.7% 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 WE OFFERED A RANGE OF EDUCATIONAL AND COMMUNITY-BUILDING PROGRAMS AT OUR PHYSICAL LOCATION AND REMOTELY INCLUDING CLASSES, MEETINGS, ART SHOWS, MUSIC EVENTS AND FILMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Schlabach Board Chair | 2 | $0 | |
Earl Hatley Vice-Chair | 2 | $0 | |
Cecily Anderson Treasurer | 1 | $0 | |
Dee Gish Secretary | 2 | $0 | |
Claribel Wu Board Member | 1 | $0 | |
Chris Wood Executive Director | 35 | $30,168 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,613 |
| Total Program Service Revenue | $125,335 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $196,948 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,425 |
| Professional fees and other payments to independent contractors | $1,810 |
| Occupancy, rent, utilities, and maintenance | $7,280 |
| Printing, publications, postage, and shipping | $151 |
| Other expenses | $123,204 |
| Total expenses | $172,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,359 |
| Other assets | $0 |
| Total assets | $96,734 |
| Total liabilities | $663 |
| Net assets or fund balances | $96,071 |