Rutland Young Professionals Inc
- Assets
- $30.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rutland, VT
- Founding
- 10/2014
- EIN
- 47-1123209
Organization Overview
Rutland Young Professionals Inc is located in Rutland, VT. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Rutland Young Professionals 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 undefined, Rutland Young Professionals Inc generated $9.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $17.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (25.0%) per year over the past 5 years. 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
Describe the Organization's Program Activity:
Part 3
RYP HOSTS MONTHLY MIXES THAT ARE FREE AND OPEN TO THE PUBLIC AT VARIOUS BUSINESSES/ORGANIZATIONS THROUGHOUT RUTLAND COUNTY. THESE EVENTS PROVIDE NETWORKING OPPORTUNITIES FOR NEW AND CURRENT YOUNG PROFESSIONALS THROUGHOUT RUTLAND COUNTY WHILE ALSO BECOMING MORE FAMILIARIZED WITH LOCAL BUSINESSES/ORGANIZATIONS. AT THE START OF THE COVID-19 PANDEMIC IN MARCH 2020, RYP QUICKLY SHIFTED THEIR MONTHLY MIXES TO A MONTHLY VIRTUAL MEET-UP WITH VARIOUS SPEAKERS/ACTIVITIES TO CONTINUE NETWORKING OPPORTUNITIES FOR YOUNG PROFESSIONALS AND OFFER NEW RESOURCES AVAILABLE. RYP PLANNED TO HOST ITS 4TH ANNUAL GALA IN APRIL 2020 IN CELEBRATION OF OUR MEMBERS, SUPPORTERS, VOLUNTEERS, AND COMMUNITY FOR A BEAUTIFUL EVENING OF GREAT FOOD, DRINKS, MUSIC, AND DANCING. HOWEVER, DUE TO THE COVID-19 PANDEMIC, THAT EVENT WAS POSTPONED AND HOPES TO TAKE PLACE ON A SMALLER SCALE IN 2021. THE EVENT ALSO HONORS A BUSINESS OF THE YEAR AND YOUNG PROFESSIONAL OF THE YEAR. RYP TYPICALLY HOSTS SEVERAL LET'S DISH RECRUITING EVENTS EVERY YEAR. DUE TO THE COVID-19 PANDEMIC, THESE EVENTS WERE LIMITED BUT STILL CONDUCTED ON A SMALLER, SOCIALLY DISTANT SCALE. THIS IS A PROGRAM TO WELCOME NEW AND POTENTIAL RESIDENTS TO RUTLAND AND ANSWER QUESTIONS THEY HAVE ABOUT THE AREA. EMPLOYERS CALL ON RYP MEMBERS TO TAKE INTERVIEWING CANDIDATES ON TOURS OR OUT FOR A MEAL TO HELP THEM GET A SENSE OF THE REGION AS PART OF THE RECRUITMENT PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elicia Pinsonault President | 1 | $0 | |
Amy Laramie Director | 1 | $0 | |
Dylan Watts Treasurer | 1 | $0 | |
Jadziah Derosia Secretary | 1 | $0 | |
Matt Britt Director | 1 | $0 | |
Jordan Green Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,755 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $53 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,808 |
| Statement of Expenses | |
|---|---|
| Total expenses | $17,015 |
| Balance Sheet | |
|---|---|
| Total assets | $30,092 |
| Total liabilities | $3,000 |
| Net assets or fund balances | $27,092 |