Vermont Interfaith Power And Light Inc, operating under the name Vtipl, is located in Burlington, VT. The organization was established in 2009. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vtipl 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, Vtipl generated $60.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (36.7%) each year. All expenses for the organization totaled $75.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
VERMONT INTERFAITH POWER AND LIGHT (VTIPL) SUPPORTS VERMONT FAITH AND SPIRIT COMMUNITIES WITH EDUCATION AND RESOURCES TO CONFRONT THE SPIRITUAL CRISIS POSED BY THE IMPACT OF THE CHANGING CLIMATE ON PEOPLE AND OTHER LIFE. VTIPL OFFERS EDUCATION AND FUNDING TO HELP CONGREGATIONS TAKE ACTION TO MITIGATE, ADAPT, AND RESPOND TO CLIMATE CHANGE IMPACTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VERMONT INTERFAITH POWER AND LIGHT (VTIPL) OFFERS CHRISTIAN CHURCHES IN VERMONT AND SELECT COUNTIES OF NEW HAMPSHIRE, MATCHING GRANTS FOR ENERGY EFFICIENCY IMPROVEMENTS IN CHURCH-OWNED BUILDINGS. THIS PROGRAM IS FUNDED ENTIRELY BY RESTRICTED DONATIONS TO THE VTIPL KATY GERKE MEMORIAL FUND (KGMF). IN 2022 VTIPL AWARDED SEVEN GRANTS, WHICH TOTALED $44,425, TO FIVE VERMONT CHURCHES FOR ENERGY EFFICIENCY IMPROVEMENTS IN THEIR BUILDINGS. VIRTUALLY ALL (99%) OF THE MONEY DONATED TO THE KGMF WAS PROVIDED BY ONE MAJOR DONOR, WHO ESTABLISHED THIS PROGRAM TO HONOR THE MEMORY OF HIS WIFE. ADDITIONAL INCOME FOR THE KGMF CAME FROM DIVIDENDS RECEIVED FROM FINANCIAL SECURITIES HELD WITH KGMF MONIES. THE ASSET VALUE OF THE KGMF VARIES WITH THE CHANGING MARKET VALUE OF THE SECURITIES IN WHICH THE MONEY IN THE KGMF ARE INVESTED. THE DONOR HAS REQUESTED THAT THE MONEY IN THE KGMF REMAIN FULLY INVESTED IN THE STOCK MARKET. AT THE REQUEST OF THE DONOR, THIS FUND IS COMMITTED EXCLUSIVELY TO SUPPORTING MATCHING GRANTS FOR CHRISTIAN CHURCHES. IN 2022, VTIPL LAUNCHED A NEW PROGRAM THAT SUPPORTS MATCHING GRANTS FOR ALL FAITH COMMUNITIES, INCLUDING COMMUNITIES NOT ELIGIBLE FOR GRANTS FROM THE KGMF (SEE ITEM 4C BELOW).
THE PRINCIPAL VTIPL MISSION IS TO HELP MEMBERS OF ALL VERMONT'S FAITH AND SPIRITUAL COMMUNITIES UNDERSTAND AND ADDRESS THE CLIMATE CRISIS. ALMOST ALL VOLUNTEER AND STAFF HOURS ARE COMMITTED TO CONDUCTING EDUCATION AND AND PROVIDING A VARIETY OF RESOURCES FOR FAITH COMMUNITIES, WHILE ALSO FACILITATING COMMUNICATION AMONG VERMONT'S DIVERSE FAITH COMMUNITIES TO TAKE ACTION TO ADDRESS THE CLIMATE CRISIS. THIS WORK IS FUNDED WITH UNRESTRICTED DONATIONS FROM SCORES OF INDIVIDUALS AND CONGREGATIONS. VTIPL EMPHASIZES THE NEED TO ACT LOCALLY TO SUPPORT STATE, REGIONAL, AND GLOBAL ACTION TO REDUCE THE PACE OF CLIMATE CHANGE AND TO PREPARE COMMUNITIES FOR THE UNAVOIDABLE CONSEQUENCES OF A CHANGING GLOBAL CLIMATE. ACCOMPLISHMENTS: VTIPL PRODUCES A MONTHLY NEWSLETTER TO UPDATE FAITH COMMUNITIES ON PUBLICATIONS, ACTIVITIES IN VERMONT, THE U.S. AND BEYOND, AND ON NEW PROGRAM INITIATIVES THAT SUPPORT FAITH AND SPIRIT COMMUNITIES' EFFORTS TO ADDRESS CLIMATE CHANGE, WHILE ALSO KEEPING VTIPL'S COMMUNITY APPRISED OF CLIMATE AND RELATED ENVIRONMENTAL EVENTS AND NEWS MORE BROADLY. VTIPL MONITORS AND SHARES NEWS OF FAITH COMMUNITY ACTION ELSEWHERE IN THE NATION AND AROUND THE GLOBE, PARTNERING WITH THE NATIONAL INTERFAITH POWER AND LIGHT ORGANIZATION. IN 2021, VTIPL BEGAN TO TRANSITION FROM THE COVID-19 PANDEMIC WHICH PREVENTED INDOOR FACE-TO-FACE MEETINGS AND CONFERENCES. VTIPL CONVENED A FACE-TO-FACE STATEWIDE CONFERENCE IN APRIL, THE FIRST SINCE THE FALL OF 2019, AT THE NORWICH CONGREGATIONAL CHURCH. THIS SPRING CONFERENCE ADDRESED THE LIMITS TO GROWTH, FINDING PATHWAYS TO A SUSTAINABLE FUTURE. THE CONFERENCE WAS CONDUCTED DURING A PERIOD WHEN COVID-19 ILLNESS WAS STILL CIRCULATING IN THE COMMUNITY BUT WITH A THREAT BY THEN MITIGATED BY THE AVAILABILITY OF VACCINES, MEDICATION, AND PERSISTING MASKING OF CONFERENCE PARTICIPANTS. THE CONFERENCE, ATTENDED BY ABOUT 35 PEOPLE FROM ACROSS VERMONT, OFFERED A KEYNOTE PRESENTATION ON "RECLAIMING OUR FUTURE FROM THE FAIRY-TALE OF ECONOMICS" BY JON ERICSON UVM PROFESSOR OF SUSTAINABILITY, SCIENCE AND POLICY, AND WORKSHOPS ON FUELING OUR HOMES AND A CITIZENS' TOOLKIT FOR CREATING A SUSTAINABLE COMMUNITY. VTIPL ALSO CONVENED VIA THE INTERNET A VIRTUAL WORKSHOP IN APRIL TO SCREEN AND THEN DISCUSS THE FILM YOUTH V. GOV, WHICH WAS ORGANIZED AND LED BY VTIPL BOARD MEMBER SYLVIA BURKMAN. VTIPL ANNOUNCED IN APRIL THE FIRST VERMONT GREEN CONGREGATION AWARD, WHICH INCLUDED A $500 STIPEND, AWARDED TO A VERMONT FAITH COMMUNITY FOR ITS LEADERSHIP ON ADDRESSING CLIMATE CHANGE.
VTIPL HAS LAUNCHED A NEW PROGRAM, THE ELLIE CRESSEY WEBSTER MEMORIAL FUND (ECWMF), MODELED ON THE KGMF (SEE ITEM 4A), THAT IS DESIGNED TO PROVIDE MATCHING GRANT FUNDING FOR CARBON EMISSION REDUCING IMPROVEMENTS IN THE ENERGY USE OF FAITH COMMUNITIES NOT SERVED BY THE KGMF. IN 2022 VTIPL PROVIDED THE FIRST GRANTS FROM THE ECWMF TO TWO UNITARIAN UNIVERSALIST CONGREGATIONS: (1) FOR AN ENERGY AUDIT OF ONE CONGREGATION'S BUILDINGS AND (2) FOR CARBON EMISSION REDUCING HEATING SYSTEM IMPROVEMENTS IN ANOTHER CONGREGATION'S BUILDINGS. VTIPL NOW IS SOLICITING ADDITIONAL FUNDING NEEDED TO SERVE A MAJOR PORTION OF VERMONT'S OTHER-THAN-CHRISTIAN FAITH COMMUNITIES, THOSE WHICH ARE NOT ELIGIBLE FOR KGMF GRANTS. THE ECWMF WAS ESTABLISHED BY DONATIONS FROM ONE MAJOR DONOR WHO HAS CONTRIBUTED RESTRIICTED DONATIONS TO ESTABLISH THE PROGRAM TO HONOR THE MEMORY OF ELLIE CRESSIE WEBSTER. THIS PROGRAM LIKE THE KGMF PROGRAM DEPENDS ENTIRELY ON DONATIONS SPECIFICALLY DIRECTED TO SUPPORT THIS MATCHING GRANT PROGRAM TO HELP CONGREGATIONS REDUCE THEIR USE OF CARBON EMISSION PRODUCING FOSSIL FUELS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Roberts Coordinator (staff) | Officer | 14.3 | $15,624 |
Betsy Hardy Board Of Directors Member | Trustee | 6 | $0 |
Dr Rebecca Gould Board Of Directors Member | Trustee | 1.5 | $0 |
Ronald Mcgarvey President, Board Of Directors | OfficerTrustee | 15 | $0 |
Reverand Dr Nancy Wright Vice President Board Of Directors | OfficerTrustee | 2 | $0 |
Amy May Secretary Board Of Directors | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $35,916 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,916 |
Total Program Service Revenue | $3,769 |
Investment income | $8,408 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $12,586 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $60,679 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $49,300 |
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. | $15,624 |
Compensation of current officers, directors, key employees. | $1,563 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,152 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $457 |
Advertising and promotion | $0 |
Office expenses | $2,378 |
Information technology | $1,467 |
Royalties | $0 |
Occupancy | $0 |
Travel | $612 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,322 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $75,151 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,523 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $640,421 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $673,944 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $10,940 |
Net assets with donor restrictions | $663,004 |
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 | $673,944 |
Over the last fiscal year, Vermont Interfaith Power And Light Inc has awarded $42,080 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
SAINT MICHAEL'S EPISCOPAL CHURCH PURPOSE: This is a grant made with funds from the Katy Gerke Memorial Fund to support efforts to reduce carbon emissions in church buildings. This grant required a matching contribution from the grantee. The funds were provided to St. Michael's Episcopal Church to conduct an energy audit of church buildings and later to carry out building weatherization that included insulation improvements and building sealing. | $26,169 |
ZION EPISCOPAL CHURCH PURPOSE: This is a grant made with funds from the Katy Gerke Memorial Fund to support efforts to reduce carbon emissions in church buildings. This grant required a matching contribution from the grantee. The funds were provided to Zion Episcopal Church to conduct an energy audit of church buildings and later to carry out building weatherization that included insulation improvements and upgrading the heating system. | $8,819 |
ASCENSION LUTHERAN CHURCH PURPOSE: This is a grant made with funds from the Katy Gerke Memorial Fund to support efforts to reduce carbon emissions in church buildings. This grant required a matching contribution from the grantee. The funds were provided to Ascension Lutheran Church to conduct an increase the ceiling insulation in the main part of the church building. | $7,092 |