EIN 03-0260892

Central Vermont Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
5
City
Montpelier
State
Year formed
1976
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Central Vermont Economic Development Corporation promotes sound Economic Development and coordinates public and private efforts directed toward the attraction, encouragement, financing, and Development of desirable private industry to foster, encourage. Additionally, its mission revolves around Industrial and Commercial Development with its headquarters located in Montpelier, VT.
Also known as...
Central Vermont Economic Development
Total revenues
$295,591
2022
Total expenses
$289,800
2022
Total assets
$706,920
2022
Num. employees
5
2022

Program areas at Central Vermont Economic Development Corporation

Economic Development program - this program focuses on promoting sound Economic Development, coordinates public and private efforts directed toward the attraction, encouragement, financing, and Development of desirable private industry to foster, encourage, and assist the physical location and expansion of business enterprises in Washington county and three towns in orange county (Washington, williamstown and orange). The program also cooperates with existing local Development groups to attain mutual objectives, including by way of illustration the sharing of expenses, assuming responsibility for completion of existing projects, and promoting local projects in the region served. Lastly, the program enters into financing arrangements for the furtherance of Economic Development.

Personnel at Central Vermont Economic Development Corporation

NameTitleCompensation
Melissa BountyExecutive Director
James StewartPast Executive Director$76,816
Robert PattersonVice - Chair / Director$0
Peter HoodTreasurer / Director / Chair$0
Candice WhiteSecretary / Chair / Director$0
...and 1 more key personnel

Financials for Central Vermont Economic Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$270,723
Program services$5,512
Investment income and dividends$15,654
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,702
Total revenues$295,591

Form 990s for Central Vermont Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-06-30990View PDF
2019-062021-02-25990OView PDF
2018-062019-08-02990OView PDF
2017-062018-01-18990View PDF
2016-062017-07-20990OView PDF
...and 6 more Form 990s

Organizations like Central Vermont Economic Development Corporation

OrganizationLocationRevenue
The Enterprise Group of JacksonJackson, MI$1,045,436
Chaffee County Economic Development CorporationSalida, CO$337,507
Pike County Economic Dev CorporationTroy, AL$367,542
Downers Grove Economic Development CorporationDowners Grove, IL$564,179
Mesquite Regional EconomicMesquite, NV$76,647
South Dakota Development CorporationSioux Falls, SD$274,179
Clarinda Economic Development CorporationClarinda, IA$172,554
Juneau County Economic Development CorporationCamp Douglas, WI$212,920
Addison County Economic Development CorporationMiddlebury, VT$329,758
Adams Community Economic Development CorporationCorning, IA$208,987
Data update history
May 14, 2023
Used new vendors
Identified 1 new vendor, including
May 14, 2023
Received grants
Identified 1 new grant, including a grant for $19,610 from Brattleboro Development Credit Corporation (BDCC)
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 9, 2021
Updated personnel
Identified 4 new personnel
May 25, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingManagement and technical assistance
General information
Address
1 National Life Dr PO Box 1439
Montpelier, VT 05601
County
Washington County, VT
Website URL
cvedc.org/ 
Phone
(802) 223-4654
IRS details
EIN
03-0260892
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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