Vermont Outdoor Business Alliance Inc
- Assets
- $4.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middlesex, VT
- Founding
- 08/2019
- Data as of
- 06/2023
- EIN
- 83-2714496
Organization Overview
Vermont Outdoor Business Alliance Inc is located in Middlesex, VT. The organization was established in 2019. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Outdoor Business Alliance 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 06/2023, Vermont Outdoor Business Alliance Inc generated $75.7k 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 (25.2%) each year. All expenses for the organization totaled $157.3k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATING VT RESIDENTS ABOUT VT OUTDOOR RECREATION & EDUCATING VT BUSINESSES ABOUT VT OUTDOOR RECREATION BUSINESS DEVELOPMENT INITIATIVES, COLLABORATION OPPORTUNITIES & CHANGES IN POLICY RELATED TO THE OUTDOORECONOMY, SPECIFICALLY IN THE AREAS OF FINANCING, WORKFORCE DEVELOPMENT, INFRASTRUCTURE AND SECTOR BRANDING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Ault Executive Director | 30 | $50,183 | |
Andrew Simmons President | 2 | $0 | |
Michael Schmidt Vice-President | 2 | $0 | |
Lisa Lynn Secretary | 2 | $0 | |
Christoher Fidler Treasurer | 2 | $0 | |
Courtney Laggner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,123 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,100 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $438 |
| Other Revenue | $0 |
| Total Revenue | $75,661 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,925 |
| Professional fees and other payments to independent contractors | $5,052 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $50,436 |
| Total expenses | $157,325 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,651 |
| Other assets | $0 |
| Total assets | $4,901 |
| Total liabilities | $762 |
| Net assets or fund balances | $4,139 |