Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
990 • Fiscal year 2015 • EIN 03-0331665
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
30th percentile
Higher top officer pay than 30% of similar nonprofits.
Top officer pay equals 37.6% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Up$1,501,487
Up $17,585 (+1.2%) from 2014
Net Assets
Down$558,377
Down $1,403 (-0.3%) from 2014
Liabilities
Up$943,110
Up $18,988 (+2.1%) from 2014
Revenue
Up$227,257
Up $8,612 (+3.9%) from 2014
Expenses
Up$228,660
Up $25,344 (+12%) from 2014
Net Income
Down-$1,403
Down $16,732 (-109%) from 2014
To promote sound economic development of Addison County area, foster new business, and assist with the expansion of existing businesses within the area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $274,338 | $272,043 | ▼ $2,295 |
| Land, Buildings, and Equipment, Net | $13,077 | $9,097 | ▼ $3,980 |
| Accounts Receivable | $6,376 | $7,391 | ▲ $1,015 |
| Pledges and Grants Receivable | $2,000 | $2,000 | → $0 |
| Prepaid Expenses and Deferred Charges | $1,132 | $1,098 | ▼ $34 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $1,483,902 | $1,501,487 | ▲ $17,585 |
| Other Assets Total | $1,186,979 | $1,209,858 | ▲ $22,879 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $828,312 | $861,296 | ▲ $32,984 |
| Other Liabilities | $89,534 | $74,534 | ▼ $15,000 |
| Accounts Payable and Accrued Expenses | $6,276 | $7,280 | ▲ $1,004 |
| Total Liabilities | $924,122 | $943,110 | ▲ $18,988 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $291,376 | $302,228 | ▲ $10,852 |
| Temporarily Rstr Net Assets | $268,404 | $256,149 | ▼ $12,255 |
| Total Net Assets Fund Balance | $559,780 | $558,377 | ▼ $1,403 |
| Total Liabilities and Net Assets / Fund Balance | $1,483,902 | $1,501,487 | ▲ $17,585 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $9,097 | $16,264 | $25,361 |
| Other Assets Org | $626,546 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Robin Scheu | Executive Director | FT | $81,741 | $3,793 | $85,534 |
| Name | Title |
|---|---|
| Joel Melnick | President |
| Chris Knapp | Vice President |
| Ben Anderson-ray | Director |
| Harvey Smith | Director |
| Kathleen Ramsay | Director |
| Marie Jewett | Director |
| Mark Bellinger | Director |
| Mel Hawley | Director |
| Mike Corbett | Director |
| Paul Ralston | Director |
| Sarah Morris | Director |
| Therese Kirby | Director |
| Tom Corbin | Director |
| Jodi Girard | Secretary |
| Sarah Cowan | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $147,554 |
| Other Expenses | $81,106 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $85,534 | - | - | $85,534 |
| Other Salaries and Wages | $38,734 | - | - | $38,734 |
| Fees for Services Accounting | $13,629 | - | - | $13,629 |
| Payroll Taxes | $12,633 | - | - | $12,633 |
| Occupancy | $11,662 | - | - | $11,662 |
| Other Employee Benefits | $10,653 | - | - | $10,653 |
| Interest | $8,350 | - | - | $8,350 |
| Depreciation Depletion | $3,980 | - | - | $3,980 |
| Office Expenses | $3,501 | - | - | $3,501 |
| Insurance | $2,760 | - | - | $2,760 |
| Advertising | $2,753 | - | - | $2,753 |
| Conferences and Meetings | $2,667 | - | - | $2,667 |
| Travel | $2,660 | - | - | $2,660 |
| Other Expenses | $1,724 | - | - | $1,724 |
| All Other Expenses | $972 | - | - | $972 |
| Total Functional Expenses | $228,660 | $0 | $0 | $228,660 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Francie Caccavo | Board Member | Program Loan Pymts | No | $12,820 |
| Joel Melnick | Board Member | Program Loan Pymts | No | $12,700 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Due to Veda | $74,534 |
“The 990 is reviewed and approved by the board and the executive director prior to being filed.”
“The board of directors reviews the executive directors salary and benefits package annually.”
“UPON REQUEST.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 6276 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 7280 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 6376 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 7391 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To promote sound economic development of Addison County area, foster new business, and assist with the expansion of existing businesses within the area. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 2753 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2753 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherContributionsAmt | 0 | 133397 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 972 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 972 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ROBIN SCHEU |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8023887953 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1590 ROUTE 7 SOUTH SUITE 8 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MIDDLEBURY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 05753 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 274338 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 272043 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 85534 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 85534 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2667 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2667 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 174847 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 807 |
| IRS990/CYOtherExpensesAmt | 0 | 81106 |
| IRS990/CYOtherRevenueAmt | 0 | 1701 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 49902 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1403 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 147554 |
| IRS990/CYTotalExpensesAmt | 0 | 228660 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 227257 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 3980 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3980 |
| IRS990/Desc | 0 | To facilitate the expansion, relocation and retention of business and industry in the area. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 13629 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13629 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 15 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.15 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.15 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.38 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.15 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.15 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 3793 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARIE JEWETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | THERESE KIRBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SARAH COWAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARK BELLINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KATHLEEN RAMSAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CHRIS KNAPP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BEN ANDERSON-RAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TOM CORBIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOEL MELNICK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | HARVEY SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MIKE CORBETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | SARAH MORRIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JODI GIRARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MEL HAWLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | PAUL RALSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | ROBIN SCHEU |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 81741 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| 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/TitleTxt | 0 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Executive Dir. |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1991 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 227257 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2760 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2760 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 8350 |
| IRS990/InterestGrp/TotalAmt | 0 | 8350 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 807 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 807 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 16264 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 13077 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 9097 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 25361 |
| IRS990/LegalDomicileStateCd | 0 | VT |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 41450 |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To promote sound economic development of Addison County area, foster new business, and assist with the expansion of existing businesses within the area. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 828312 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 861296 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 559780 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 558377 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | true |
| IRS990/NondeductibleContriDisclInd | 0 | true |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 11662 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 11662 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3501 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3501 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1186979 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1209858 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 10653 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 10653 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOAN LOSS RESERVE |
| IRS990/OtherExpensesGrp/Desc | 1 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 2 | Printing and Publications |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 21509 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 3134 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1805 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1724 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 21509 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3134 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1805 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1724 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 89534 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 74534 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 522220 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 522200 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LOAN LOSS RECOVERY |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1701 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1701 |
| IRS990/OtherRevenueTotalAmt | 0 | 1701 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 38734 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 38734 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 12633 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 12633 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 2000 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 2000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1132 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1098 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522200 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522200 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ADMINISTRATION FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | INTEREST FROM LOANS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8656 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 41246 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 8656 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 41246 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 165782 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 1199 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 61778 |
| IRS990/PYOtherRevenueAmt | 0 | 9261 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 42403 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 15329 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 141538 |
| IRS990/PYTotalExpensesAmt | 0 | 203316 |
| IRS990/PYTotalRevenueAmt | 0 | 218645 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1403 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 9097 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 16264 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 25361 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 704 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 422303 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 160305 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 626546 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | CBLF FUNDS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | IRP FUNDS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | IRP NOTES RECEIVABLE - CURRENT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | IRP NOTES RECEIVABLE - LT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 74534 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO VEDA |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 9097 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1209858 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 74534 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | JOEL MELNICK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | FRANCIE CACCAVO |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | BOARD MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | BOARD MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 12700 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 1 | 12820 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | PROGRAM LOAN PYMTS |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | PROGRAM LOAN PYMTS |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | Interested persons above are officers or owners of local businesses that have borrowed money under the loan programs offered through the organization. The transaction amounts listed above represent loan program repayments by the businesses during the year. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule L, Part V Supplemental Information |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE 990 IS REVIEWED AND APPROVED BY THE BOARD AND THE EXECUTIVE DIRECTOR PRIOR TO BEING FILED. |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.