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
Name | Title | Compensation | Date of data |
---|
Melissa Bounty | Executive Director | | 2024-07-10 |
Rose Kelly | Program Manager | | 2023-09-04 |
James Stewart | Past Executive Director | $76,816 | 2022-06-30 |
Peter Hood | Treasurer | $0 | 2024-07-10 |
Robert Patterson | Vice - Chair / Director | $0 | 2022-06-30 |
...and 2 more key personnel |
Financials for Central Vermont Economic Development Corporation
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $388,126 | $270,723 | 43.4% |
Program services | $13,100 | $5,512 | 137.7% |
Investment income and dividends | $18,116 | $15,654 | 15.7% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $811 | $3,702 | -78.1% |
Total revenues | $420,153 | $295,591 | 42.1% |
Organizations like Central Vermont Economic Development Corporation
Organization | Type | Location | Revenue |
---|
Ashland Area Economic Development | 501(c)(6) | Ashland, OH | $116,051 |
Greater Muskegon Econ Development | 501(c)(6) | Muskegon, MI | $720,236 |
The Enterprise Group of Jackson | 501(c)(6) | Jackson, MI | $1,108,496 |
Chaffee County Economic Development Corporation | 501(c)(6) | Salida, CO | $337,507 |
South Dakota Development Corporation | 501(c)(6) | Sioux Falls, SD | $640,183 |
Pike County Economic Development Corporation | 501(c)(6) | Troy, AL | $382,974 |
Jerseyville Economic Development Council | 501(c)(6) | Jerseyville, IL | $126,000 |
Downers Grove Economic Development Corporation | 501(c)(6) | Downers Grove, IL | $477,738 |
Wood County Economic Development Commission | 501(c)(6) | Bowling Green, OH | $1,128,791 |
Ascension Economic Development Corporation | 501(c)(6) | Gonzales, LA | $536,893 |
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/Â
- 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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