Vermont Sustainable Jobs Fund Inc.

“The finance committee of the board of directors receives a draft copy of form 990 prior to it being filed and reviews it for accuracy. The full board of directors is notified that if they would like to review a copy of form 990 once filed, that it is available to them.”

“The organization monitors and enforces compliance with the conflict of interest policy by collecting and reviewing an annual disclosure survey.”

“A compensation committee of the board of directors, which is chaired by the chair of the board, conducts an annual review of the executive director's (e.d.) performance. Written evaluations of the e.d.'s performance are solicited from the e.d., from all staff members and from all board members. These reviews are then aggregated and tallied. The compensation committee then considers whether the e.d.'s performance merits a simple cost of living adjustment and/or some merit increase. The committee also considers what the budget for the new fiscal year can accommodate and what the salary levels will be in the new fiscal year for the other staff members - to ensure adequate spacing between the e.d. And the next highest paid employee. In 2022 the compensation committee reviewed the e.d.'s current salary in comparison with other state officials and e.d.'s of other organizations of comparable size and level of responsibility. Also in 2022 a human resources consulting firm, hickok & boardman, under contract, conducted a comprehensive review of all staff positions and salary ranges in comparison with similar organizations in vermont. The board used this 3rd party conducted analysis to arrive at the compensation for the e.d. Starting january 1, 2023.”

“The form 990 is posted to guidestar.org and other documents are provided upon request.”

“The deltaclimevt business accelerator is a vermont-based program serving startup and seed-stage ventures focusing on climate economy innovation across multiple industries. Our three immersive sprints help companies refine their vision, solidify their strategy, and enable rapid growth. Participants graduate with improved business plans, new tools to attract investors, and the potential to grow their business opportunities in vermont and beyond. The vsjf flexible capital fund, l3c (flex fund) is a mission-based, for profit investment fund launched in 2011 that provides flexible risk capital to innovative growth stage companies in vermont's food system, forestry and clean technology sectors. The vermont sustainable jobs fund serves as the flex fund's manager, and through contractual arrangement provides fund management services and administrative support to the flex fund on a fee for service basis. Decision-making authority and governance for the flex fund is done solely through the flex fund's board of managers.”

“Sustainable agriculture 326,353 0 0 business assistance 221,117 0 0 forest products 10,767 0 0 other 85,531 71,924 1,075 total 643,768 71,924 1,075”