Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Vermont Chamber of Commerce
EIN 03-0184299 • 501(c)6 • Montpelier, VT
Profile
To advance the vermont economy by working and supporting a vibrant business climate with a lens of diversity, equity, and inclusion. We advocate, build community, and provide resources for businesses statewide.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.21x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 12.3% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Balance Sheet
Assets
Up$2,070,370
Up $85,237 (+4.3%) from 2023
Liabilities
Down$424,934
Down $20,489 (-4.6%) from 2023
Net Assets
Up$1,645,436
Up $105,726 (+6.9%) from 2023
Revenue
Up$1,773,837
Up $202,000 (+13%) from 2023
Expenses
Up$1,797,581
Up $18,230 (+1.0%) from 2023
Net Income
Up-$23,744
Up $183,770 (+89%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $2,070,370
- Liabilities
- $424,934
- Net assets
- $1,645,436
- Revenue
- $1,773,837
- Expenses
- $1,797,581
- Net income
- -$23,744
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2023 to Sep 30, 2024
- Signed
- Jul 7, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $1,790,525
Mission and Program Overview
Mission
To create an economic climate conducive to business growth and the preservation of the vermont quality of life.
To advance the vermont economy by working and supporting a vibrant business climate with a lens of diversity, equity, and inclusion. We advocate, build community, and provide resources for businesses statewide.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $854,359 | $965,021 | ▲ $110,662 |
| Savings and Temporary Cash Investments | $673,075 | $620,459 | ▼ $52,616 |
| Land, Buildings, and Equipment, Net | $370,787 | $340,010 | ▼ $30,777 |
| Accounts Receivable | $64,362 | $127,642 | ▲ $63,280 |
| Prepaid Expenses and Deferred Charges | $22,050 | $16,738 | ▼ $5,312 |
| Cash and Non-Interest-Bearing Accounts | $500 | $500 | → $0 |
| Total Assets | $1,985,133 | $2,070,370 | ▲ $85,237 |
| Liabilities | |||
| Deferred Revenue | $361,727 | $333,380 | ▼ $28,347 |
| Accounts Payable and Accrued Expenses | $79,358 | $91,554 | ▲ $12,196 |
| Unsecured Notes Loans Payable | $4,338 | - | - |
| Total Liabilities | $445,423 | $424,934 | ▼ $20,489 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,539,710 | $1,645,436 | ▲ $105,726 |
| Total Net Assets Fund Balance | $1,539,710 | $1,645,436 | ▲ $105,726 |
| Total Liabilities and Net Assets / Fund Balance | $1,985,133 | $2,070,370 | ▲ $85,237 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $276,051 | $184,532 | $460,583 |
| Equipment | $1,893 | $147,782 | $149,675 |
| Land | $53,156 | - | $53,156 |
| Leasehold Improvements | $8,910 | $34,598 | $43,508 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Bethany Bishop | President/se | FT | $197,163 | $20,349 | $217,512 |
| Bethany Bishop | President/secretary | - | $197,163 | $20,349 | $217,512 |
Board Members and Trustees
| Name | Title |
|---|---|
| Tom Dunn | Chair |
| Sharon Rossi | Vice Chair |
| Alberto Aguilar | Director |
| Brendon Blood | Director |
| Chris Karr | Director |
| Kelly Krayewsky | Director |
| Leslee Mackenzie | Director |
| Mane Alves | Director |
| Roger Nishi | Director |
| Shireen Hart | Director |
| Steve Gagner | Director |
| Sue Bette | Director |
| Teresa Kajenski | Director |
| Walter Frame | Director |
| Kim Donahue | Executive Co |
| Peter Mcdougall | Executive Co |
| Will Docto | Executive Co |
| Betsy Bishop | Secretary |
| Kathy Austin | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,721,212
- Investment Income
- $35,098
- Other Revenue
- $17,527
- Change in Net Assets
- $-23,744
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,256,733 |
| Other Expenses | $540,848 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $888,322 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $196,942 |
| Advertising | - | - | - | $127,021 |
| Information Technology | - | - | - | $108,422 |
| Conferences and Meetings | - | - | - | $102,349 |
| Payroll Taxes | - | - | - | $80,487 |
| Other Employee Benefits | - | - | - | $57,467 |
| Occupancy | - | - | - | $44,630 |
| Pension Plan Contributions | - | - | - | $33,515 |
| Office Expenses | - | - | - | $30,689 |
| Fees for Services Other | - | - | - | $23,397 |
| Travel | - | - | - | $19,741 |
| Insurance | - | - | - | $15,022 |
| Depreciation Depletion | - | - | - | $14,090 |
| Fees for Services Accounting | - | - | - | $9,880 |
| All Other Expenses | - | - | - | $4,647 |
| Other Expenses | - | - | - | $1,893 |
| Total Functional Expenses | $0 | $0 | $0 | $1,797,581 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- No
- Subject to proxy tax
- Yes
Reported Spending and Taxes
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $112,071 |
| Total Nondeductible Lobbying and Political Cost | $112,071 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- Yes
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 6
“The vermont chamber of commerce consists of members, which are either, individuals, firms, corporations, chambers of commerce, community and cooperative organizations and associations who make a financial contribution in support of this chamber. The members are all entitled to one vote on each matter that is submitted to a vote of all members.”
Form 990, Page 6, Part VI, Line 7A
“The members shall attend the annual meeting held in september each year for the purpose of electing board members.”
Form 990, Page 6, Part VI, Line 7B
“Decisions of the governing body are subject to approval by members in rare instances. If there are such instances then they will be presented to the members at the annual meeting in october or at a special meeting called by the board of directors.”
Form 990, Page 6, Part VI, Line 11B
“The draft of the 990 is reviewed by management prior to filing. Final year end reports are reviewed with the board's finance committee with the auditors, and then to the board.”
Form 990, Page 6, Part VI, Line 12C
“The conflict of interest policy is distributed, collected and reviewed each year for each board member.”
Form 990, Page 6, Part VI, Line 15A
“The board has a compensation committee with a specific process and criteria for evaluating the president's compensation each year.”
Form 990, Page 6, Part VI, Line 19
“Governing documents are made available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Vermont Chamber of Commerce
- EIN
- 03-0184299
- Phone
- 8022233443
- Address
- PO BOX 37, MONTPELIER, VT 05601
Signing Officer
- Name
- Amy Spear
- Title
- President
- Phone
- 8022233443
- Signed
- 2025-07-07
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Amy Spear
- Formed
- 1950
- Legal Domicile
- Vt
- Voting Board Members
- 19
- Independent Board Members
- 18
- Employees
- 17
- Volunteers
- 19
Preparer
- Firm
- Jmm & Associates Pc
- Address
- 463 MOUNTAIN VIEW DR STE 403, COLCHESTER, VT 05446
- Preparer
- Randall L Sargent CPA
- Phone
- 8026555665
Supplemental Narrative
Additional Explanations
Form 990, Page 2, Part III, Line 4D
“Governmental affairs: there are four lobbyists employed by the chamber who advocate on behalf of vermont businesses on issues identified as important to members. This is viewed as a significant benefit of membership in the chamber and does not generate direct revenue. Expenses are primarily personnel-related, and also include any outside consulting fees paid. Vace: the chamber was the administrator for the vace insurance program, a group dental and vision insurance association plan. The vace association plan covered nearly 1,000 small businesses in vermont. All premium billing, enrollments and customer service were handled by the chamber staff. Revenue to the chamber was in the form of monthly administrative contract fees based on the number of subscribers at the end of each month. Expenses relate to salaries, benefits and postage.”
Financial Statement Notes
Schedule D, Page 3, Part X
“The chamber believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.”
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
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| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1950 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
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| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 19 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1790525 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 10800 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 18 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
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| IRS990/InfoInScheduleOPartVIInd | 0 | X |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 15022 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 51786 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 51786 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 854359 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 965021 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 340010 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 706922 |
| IRS990/LegalDomicileStateCd | 0 | VT |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 16688 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO ADVANCE THE VERMONT ECONOMY BY WORKING AND SUPPORTING A VIBRANT BUSINESS CLIMATE WITH A LENS OF DIVERSITY, EQUITY, AND INCLUSION. WE ADVOCATE, BUILD COMMUNITY, AND PROVIDE RESOURCES FOR BUSINESSES STATEWIDE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1645436 |
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| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -16688 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 10800 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 10800 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 86188 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 129470 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1645436 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 30689 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 57467 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 1 | INCOME TAX EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | INCOME TAXES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 15867 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 11851 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 11349 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1893 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 6727 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 6727 |
| IRS990/OtherRevenueTotalAmt | 0 | 6727 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 888322 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 80487 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 33515 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 22050 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 16738 |
| IRS990/PrincipalOfficerNm | 0 | AMY SPEAR |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 541800 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBERSHIP DUES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PUBLICATIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | EVENTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | MANAGEMENT CONTRACTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | PROGRAM REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 634859 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 265185 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 208937 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 162745 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 634859 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 286944 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 265185 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 208937 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 162745 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 286944 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | EVENTS: THE CHAMBER HOSTS SEVERAL EVENTS THROUGHOUT THE YEAR, GENERATING REVENUE FROM SPONSORSHIPS, EXHIBITION BOOTH SALES AND GENERAL ADMISSION. THE LARGEST EVENTS INCLUDE THE VERMONT ECONOMIC CONFERENCE, THE MANUFACTURING SUMMIT AND THE CITIZEN OF THE YEAR AWARDS. EXPENSES RELATED TO EVENTS ARE RELATED TO EVENT MANAGEMENT AND SUPPORT PERSONNEL, AS WELL AS FACILITY RENTAL, CATERING AND PROMOTIONAL COSTS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | MEMBERSHIP: THE CHAMBER'S MEMBERSHIP BASE IS COMPRISED OF ROUGHLY 1,000 VERMONT BUSINESSES THAT PAY DUES ANNUALLY IN AN AMOUNT BASED ON THE SIZE OF THE BUSINESS. MEMBERSHIP PROGRAM EXPENSES CONSIST PRIMARILY OF THOSE RELATING TO SALES PERSONNEL AND MEMBER RECRUITMENT AND RETENTION. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | GOVERNMENTAL AFFAIRS: THERE ARE FOUR LOBBYISTS EMPLOYED BY THE CHAMBER WHO ADVOCATE ON BEHALF OF VERMONT BUSINESSES ON ISSUES IDENTIFIED AS IMPORTANT TO MEMBERS. THIS IS VIEWED AS A SIGNIFICANT BENEFIT OF MEMBERSHIP IN THE CHAMBER AND DOES NOT GENERATE DIRECT REVENUE. EXPENSES ARE PRIMARILY PERSONNEL-RELATED, AND ALSO INCLUDE ANY OUTSIDE CONSULTING FEES PAID. VACE: THE CHAMBER WAS THE ADMINISTRATOR FOR THE VACE INSURANCE PROGRAM, A GROUP DENTAL AND VISION INSURANCE ASSOCIATION PLAN. THE VACE ASSOCIATION PLAN COVERED NEARLY 1,000 SMALL BUSINESSES IN VERMONT. ALL PREMIUM BILLING, ENROLLMENTS AND CUSTOMER SERVICE WERE HANDLED BY THE CHAMBER STAFF. REVENUE TO THE CHAMBER WAS IN THE FORM OF MONTHLY ADMINISTRATIVE CONTRACT FEES BASED ON THE NUMBER OF SUBSCRIBERS AT THE END OF EACH MONTH. EXPENSES RELATE TO SALARIES, BENEFITS AND POSTAGE. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 16817 |
| IRS990/PYOtherExpensesAmt | 0 | 458005 |
| IRS990/PYOtherRevenueAmt | 0 | 232 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1554788 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -207514 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1321346 |
| IRS990/PYTotalExpensesAmt | 0 | 1779351 |
| IRS990/PYTotalRevenueAmt | 0 | 1571837 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -23744 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 10800 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 673075 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 620459 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/AggregateReportedDuesNtcAmt | 0 | 158715 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 634859 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 112071 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 112071 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | false |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleC/TaxableAmt | 0 | -46644 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 276051 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 184532 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 460583 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1893 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 147782 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 149675 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 53156 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 53156 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 8910 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 34598 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 43508 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE CHAMBER BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 340010 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 197163 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 7887 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 12462 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | BETHANY BISHOP |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT/SECRETARY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 217512 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GOVERNMENTAL AFFAIRS: THERE ARE FOUR LOBBYISTS EMPLOYED BY THE CHAMBER WHO ADVOCATE ON BEHALF OF VERMONT BUSINESSES ON ISSUES IDENTIFIED AS IMPORTANT TO MEMBERS. THIS IS VIEWED AS A SIGNIFICANT BENEFIT OF MEMBERSHIP IN THE CHAMBER AND DOES NOT GENERATE DIRECT REVENUE. EXPENSES ARE PRIMARILY PERSONNEL-RELATED, AND ALSO INCLUDE ANY OUTSIDE CONSULTING FEES PAID. VACE: THE CHAMBER WAS THE ADMINISTRATOR FOR THE VACE INSURANCE PROGRAM, A GROUP DENTAL AND VISION INSURANCE ASSOCIATION PLAN. THE VACE ASSOCIATION PLAN COVERED NEARLY 1,000 SMALL BUSINESSES IN VERMONT. ALL PREMIUM BILLING, ENROLLMENTS AND CUSTOMER SERVICE WERE HANDLED BY THE CHAMBER STAFF. REVENUE TO THE CHAMBER WAS IN THE FORM OF MONTHLY ADMINISTRATIVE CONTRACT FEES BASED ON THE NUMBER OF SUBSCRIBERS AT THE END OF EACH MONTH. EXPENSES RELATE TO SALARIES, BENEFITS AND POSTAGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE VERMONT CHAMBER OF COMMERCE CONSISTS OF MEMBERS, WHICH ARE EITHER, INDIVIDUALS, FIRMS, CORPORATIONS, CHAMBERS OF COMMERCE, COMMUNITY AND COOPERATIVE ORGANIZATIONS AND ASSOCIATIONS WHO MAKE A FINANCIAL CONTRIBUTION IN SUPPORT OF THIS CHAMBER. THE MEMBERS ARE ALL ENTITLED TO ONE VOTE ON EACH MATTER THAT IS SUBMITTED TO A VOTE OF ALL MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE MEMBERS SHALL ATTEND THE ANNUAL MEETING HELD IN SEPTEMBER EACH YEAR FOR THE PURPOSE OF ELECTING BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS IN RARE INSTANCES. IF THERE ARE SUCH INSTANCES THEN THEY WILL BE PRESENTED TO THE MEMBERS AT THE ANNUAL MEETING IN OCTOBER OR AT A SPECIAL MEETING CALLED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE DRAFT OF THE 990 IS REVIEWED BY MANAGEMENT PRIOR TO FILING. FINAL YEAR END REPORTS ARE REVIEWED WITH THE BOARD'S FINANCE COMMITTEE WITH THE AUDITORS, AND THEN TO THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED, COLLECTED AND REVIEWED EACH YEAR FOR EACH BOARD MEMBER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE BOARD HAS A COMPENSATION COMMITTEE WITH A SPECIFIC PROCESS AND CRITERIA FOR EVALUATING THE PRESIDENT'S COMPENSATION EACH YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
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