EIN 03-0260892

Central Vermont Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
3
City
Montpelier
State
Year formed
1976
Most recent tax filings
2023-06-01
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.
Total revenues
$420,153
2023
Total expenses
$451,255
2023
Total assets
$686,091
2023
Num. employees
3
2023

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
Rose KellyProgram Manager
James StewartPast Executive Director$76,816
Peter HoodTreasurer$0
Robert PattersonVice - Chair / Director$0
...and 2 more key personnel

Financials for Central Vermont Economic Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$388,126
Program services$13,100
Investment income and dividends$18,116
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$811
Total revenues$420,153

Form 990s for Central Vermont Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-12990View PDF
2021-062022-05-05990View PDF
2020-062021-06-30990View PDF
2019-062021-02-25990OView PDF
...and 9 more Form 990s
Data update history
September 4, 2023
Updated personnel
Identified 1 new personnel
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 18 new personnel
May 14, 2023
Used new vendors
Identified 1 new vendor, including
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
centralvermont.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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