Vermont Recovery Network Inc
- Assets
- $131.7k
- Revenue
- $167.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Burlington, VT
- Founding
- 12/2008
- Data as of
- 06/2022
- EIN
- 32-0251343
Organization Overview
Vermont Recovery Network Inc is located in Burlington, VT. The organization was established in 2008. According to its NTEE Classification (F50) the organization is classified as: Addictive Disorders N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Vermont Recovery Network Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Recovery Network Inc 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 06/2022, Vermont Recovery Network Inc generated $167.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $166.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Vermont Recovery Network Inc has awarded 18 individual grants totaling $601,692. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT OUR MEMBER RECOVERY ORGANIZATIONS SUCH THAT THEY CAN BE WORLD CLASS ESTABLISHMENTS EMPOWERING INDIVIDUAL VERMONTERS AND THEIR FAMILIES WHO ARE IN RECOVERY FROM AN ALCOHOL AND OTHER SUBSTANCE USE DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VERMONT RECOVERY NETWORK CONSISTS OF THE CENTRALIZED "HEADQUARTERS" THAT PROVIDES OVERALL SUPPORT FOR A NETWORK OF 14 INDEPENDENT RECOVERY ORGANIZATIONS IN THE STATE OF VERMONT TO ASSIST INDIVIDUALS AND FAMILIES WHO HAVE AN ALCOHOL AND/OR SUBSTANCE USE DISORDER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fawn Montanye Until June 30 2021 Executive Di | OfficerTrustee | 40 | $50,903 |
Gary DE Carolis Executive Di | OfficerTrustee | 20 | $12,662 |
Eric Mcguire President | OfficerTrustee | 1 | $0 |
Lee Larson Secretary | OfficerTrustee | 1 | $0 |
Michael Johnson Treasurer | OfficerTrustee | 1 | $0 |
Stephen Kline Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,928 |
| Total Program Service Revenue | $39,023 |
| Investment income | $0 |
| 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 | $166,951 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,340 |
| 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. | $27,220 |
| Compensation of current officers, directors, key employees. | $5,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,283 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,614 |
| Payroll taxes | $7,715 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,231 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,945 |
| Advertising and promotion | $0 |
| Office expenses | $7,766 |
| Information technology | $4,354 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,302 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,200 |
| All other expenses | $0 |
| Total functional expenses | $166,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,350 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,345 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $131,695 |
| Accounts payable and accrued expenses | $2,663 |
| 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 | $2,663 |
| Net assets without donor restrictions | $129,032 |
| 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 | $131,695 |
Grants Awarded
Over the last fiscal year, Vermont Recovery Network Inc has awarded $21,692 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Middlebury, VT PURPOSE: ER RECOVERY SERVICES | $1,808 |
Saint Albans, VT PURPOSE: ER RECOVERY SERVICES | $1,808 |
Barre, VT PURPOSE: ER RECOVERY SERVICES | $1,808 |
Burlington, VT PURPOSE: ER RECOVERY SERVICES | $1,808 |
TURNING POINT CENTER OF BENNINGTON COUNTY PURPOSE: ER RECOVERY SERVICES | $1,808 |
TURNING POINT CENTER OF RUTLAND COUNTY PURPOSE: ER RECOVERY SERVICES | $1,808 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vermont Recovery Network Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Girls Educational And Mentoring Services Inc New York, NY | $2,405,342 | $3,714,503 |
International Ocd Foundation Inc Boston, MA | $5,421,208 | $4,976,833 |
Lsa Recovery Inc Brooklyn, NY | $0 | $1,321,171 |
Navigating Recovery Of The Lakes Region Laconia, NH | $1,165,609 | $573,566 |
Restoration Recovery Center Inc Fitchburg, MA | $139,349 | $470,204 |
Gino Macchio Foundation Inc Lindenhurst, NY | $113,178 | $303,499 |
Troubled Waters Inc Lowell, MA | $10,756 | $0 |
Vermont Recovery Network Inc Burlington, VT | $131,695 | $166,951 |
The Harris Project Inc Ardsley, NY | $205,276 | $226,295 |
Pa Inc Brooklyn, NY | $7,854 | $0 |
Nascomm Corp Mineola, NY | $50,183 | $0 |
Your Ally Foundation Inc Boston, MA | $2,260 | $0 |