EIN 22-2864900

Vermont Community Loan Fund

IRS 501(c) type
501(c)(3)
Num. employees
20
City
Montpelier
State
Year formed
1987
Most recent tax filings
2023-12-01
Description
The Vermont Community Loan Fund creates opportunities that lead to healthy communities and financial stability for all Vermonters. The organization focuses on community empowerment by offering loans to local businesses, community organizations & nonprofits, child care providers, and developers of affordable housing who cannot qualify for traditional loans.
Total revenues
$3,257,007
2023
Total expenses
$3,155,260
2023
Total assets
$52,714,194
2023
Num. employees
20
2023

Program areas at Vermont Community Loan Fund

The organization is a mission-driven, community-focused alternative lender. We make loans to local businesses, Community organizations & nonprofits, child care providers and developers of affordable housing who don't qualify for a Loan from a traditional lender. We combine our loans with financial consulting and business development services to make sure our borrowers have access to all the tools they need to succeed.

Who funds Vermont Community Loan Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$52,500
Op and We Edwards FoundationPhilanthropic Purpose$30,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$20,200
...and 3 more grants received

Personnel at Vermont Community Loan Fund

NameTitleCompensation
Matt LevinBoard Member
William BelongiaExecutive Director$210,500
Jake IdeEmployee$126,252
Dan WinslowDirector of Business and Early Care and Learning Programs
Hannah BlairInvestment and Grant Manager
...and 11 more key personnel

Financials for Vermont Community Loan Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$813,902
Program services$1,655,219
Investment income and dividends$681,347
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$106,539
Total revenues$3,257,007

Form 990s for Vermont Community Loan Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-19990View PDF
2022-122023-05-10990View PDF
2021-122022-05-13990View PDF
2020-122021-05-21990View PDF
2019-122020-10-21990View PDF
...and 10 more Form 990s

Organizations like Vermont Community Loan Fund

OrganizationLocationRevenue
Renaissance Community Loan FundGulfport, MS$6,648,710
Neighborworks Capital CorporationSilver Spring, MD$11,430,153
Community Capital New YorkElmsford, NY$3,053,463
Portland Housing CenterPortland, OR$3,388,032
Neighborworks of Western VermontWest Rutland, VT$2,828,521
The Greater New Haven Community Loan FundNew Haven, CT$1,916,208
Housing Assistance Council (HAC)Washington, DC$14,098,451
Impact Development FundLoveland, CO$5,955,090
Neighborhood Housing Services of Duluth One Roof LendingDuluth, MN$1,142,937
Mazaska Owecaso Otipi FinancialPine Ridge, SD$2,359,572
Data update history
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $18,500 from Vermont Community Foundation
December 26, 2023
Received grants
Identified 4 new grant, including a grant for $182,500 from Turrell Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 19, 2023
Updated personnel
Identified 20 new personnel
Nonprofit Types
Housing and shelter organizationsCommunity Development Financial InstitutionsCharities
Issues
Human servicesHousing
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 827
Montpelier, VT 05601
County
Washington County, VT
Website URL
investinvermont.org/ 
Phone
(802) 223-1448
IRS details
EIN
22-2864900
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
Free account sign-up

Want updates when Vermont Community Loan Fund has new information, or want to find more organizations like Vermont Community Loan Fund?

Create free Cause IQ account