EIN 03-6010485

Brattleboro Development Credit Corporation (BDCC)

IRS 501(c) type
501(c)(6)
Num. employees
22
City
Brattleboro
State
Year formed
1954
Most recent tax filings
2023-06-01
Description
The Brattleboro Development Credit Corporation is a private, non-profit economic development organization that serves as a catalyst for industrial and commercial growth in Windham County.
Total revenues
$5,445,267
2023
Total expenses
$4,738,385
2023
Total assets
$29,036,082
2023
Num. employees
22
2023

Program areas at BDCC

Real estate: operation of industrial buildings and several lots in the exit one industrial park, housing in excess of 50 businesses, employing in excess of 350 people. The organization previously acquired older, unoccupied industrial buildings vacated by major employers and converted the buildings to facilities targeted to startup businesses, and to support regional employers as they look to grow and expand. The organization provides administrative and management support to these businesses, and to the southern Vermont region.
Administering bdcc's strategic projects / programs, funded from internal sources, federal, state, and private foundation grants, including workforce intiatives, business support & lending, community Development initiatives, and windham county economic Development program.
Development projects: bdcc has entered into agreements, in support of affiliated entities; Brattleboro Development Credit corporation real estate holdings, inc. and Brattleboro Development Credit corporation real estate holdings ii, inc., on behalf of specific expansion projects for the benefit of regional employers providing opportunities for growth and job creation.

Grants made by BDCC

GranteeGrant descriptionAmount
Southeastern Vermont Economic Development StrategiesRegional Development$50,000
Community Asylum Seekers ProjectNew American / Refugee Support$32,000

Who funds Brattleboro Development Credit Corporation (BDCC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
World LearningRefugee Resettlement$12,000
George W. Mergens FoundationPipelines & Pathways Program$10,000

Personnel at BDCC

NameTitleCompensation
Adam GrinoldExecutive Director$148,513
Bobbi KilburnDirector of Finance and Grant Management$115,680
Nathaniel HusseyDirector of Business
Jennifer StromstenDirector of Programs
Al ClaussenReal Estate Director
...and 11 more key personnel

Financials for BDCC

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,741,775
Program services$3,274,137
Investment income and dividends$416,800
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$12,555
Total revenues$5,445,267

Form 990s for BDCC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-13990View PDF
2022-062023-05-03990View PDF
2021-062022-01-17990View PDF
2020-062021-01-26990View PDF
2019-062020-10-20990View PDF
...and 9 more Form 990s
Data update history
July 16, 2024
Received grants
Identified 1 new grant, including a grant for $12,000 from World Learning
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Used new vendors
Identified 1 new vendor, including
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from George W. Mergens Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Human servicesCommunity improvementEconomic development
Characteristics
State / local levelReceives government funding
General information
Address
76 Cotton Mill Rd
Brattleboro, VT 05301
County
Windham County, VT
Website URL
brattleborodevelopment.com/ 
Phone
(802) 257-7731
Facebook page
BrattDevCreditCorp 
IRS details
EIN
03-6010485
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1954
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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