EIN 03-0331665

Addison County Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
4
City
Middlebury
State
Year formed
1991
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Addison County Economic Development Corporation fosters an entrepreneurial and innovative environment in Middlebury, VT by nurturing businesses to launch, grow, and thrive. They offer direct services such as advice, assistance, referrals, site selection and project management, as well as business expansion services. Additionally, they provide lending services such as project finance planning and direct lending through an acedc revolving loan fund and a USDA-financed intermediary relending program. The corporation also offers business workshops and training to the general business community.
Total revenues
$234,977
2023
Total expenses
$326,362
2023
Total assets
$1,152,971
2023
Num. employees
4
2023

Program areas at Addison County Economic Development Corporation

Community services: acedc provides direct services to businesses including advice, assistance, referrals, site selection and project management, and business expansion services, services to the general business community such as business workshops and training, networking, and advocating on behalf of businesses regionally, and on the state and federal levels. Acedc also provides services to municipalities, non-profits, and community groups to advance Economic and community Development in the region, including grant writing, fiscal agency, and grant administration.
Lending services: lending services include project finance planning and direct lending to businesses through an acedc revolving loan fund and a usda-financed intermediary relending program.

Personnel at Addison County Economic Development Corporation

NameTitleCompensation
Fred KenneyExecutive Director
Barbara RichardsonOffice Manager
Dana HanleyProject and Grant Manager in
Jason LarocquePresident$0
Gina LarrowTreasurer$0
...and 3 more key personnel

Financials for Addison County Economic Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$197,287
Program services$36,593
Investment income and dividends$807
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$290
Total revenues$234,977

Form 990s for Addison County Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-14990View PDF
2022-062022-12-07990View PDF
2021-062022-01-24990View PDF
2020-062021-03-25990View PDF
2019-062020-09-17990View PDF
...and 8 more Form 990s
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 6, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
1590 Route 7 S 8
Middlebury, VT 05753
County
Addison County, VT
Website URL
addisoncountyedc.org/ 
Phone
(802) 388-7953
IRS details
EIN
03-0331665
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1991
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
Free account sign-up

Want updates when Addison County Economic Development Corporation has new information, or want to find more organizations like Addison County Economic Development Corporation?

Create free Cause IQ account