Civic Intelligence

Vermont Software Developers Alliance DBA Vermont Technology Alliance

990EZ • Fiscal year 2023 • EIN 20-5367423

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2024

70 South Winooski Ave Box 270Burlington, VT 05401

(802) 735-0840

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.64x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.18x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

46th percentile

-0.1%

Higher net margin than 46% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$69,712

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 52.2% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

85th percentile

29%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

3.1%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$37,616

Flat from 2023

Net Assets

$13,623

No earlier filing loaded for comparison.

Liabilities

Flat

$23,993

Flat from 2023

Revenue

Flat

$133,667

Flat from 2023

Expenses

Flat

$133,742

Flat from 2023

Net Income

Flat

-$75

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0-$20KAssets 2011: $37,337Liabilities 2011: $6032011Assets 2012: $11,927Liabilities 2012: $12,9112012Assets 2013: $46,111Liabilities 2013: $5,016Net Assets 2013: $41,0952013Assets 2014: $16,867Liabilities 2014: $2,901Net Assets 2014: $13,9662014Assets 2015: $13,885Liabilities 2015: $02015Assets 2016: $9,048Liabilities 2016: $5,989Net Assets 2016: $3,0592016Assets 2017: $5,806Liabilities 2017: $3,6432017Assets 2018: $3,443Net Assets 2018: $3,4432018Assets 2019: $12,822Liabilities 2019: $2,3152019Assets 2020: $14,019Liabilities 2020: $25,000Net Assets 2020: -$10,9812020Assets 2021: $38,161Liabilities 2021: $27,4452021Assets 2022: $29,111Liabilities 2022: $24,553Net Assets 2022: $4,5582022Assets 2023: $37,616Liabilities 2023: $23,993Net Assets 2023: $13,6232023Assets 2023: $37,616Liabilities 2023: $23,9932023Assets 2024: $29,851Liabilities 2024: $34,402Net Assets 2024: -$4,5512024

Highlighted filing

2023

Assets$37,616
Liabilities$23,993
Net Assets$13,623

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $68,416Expenses 2011: $67,093Net Income 2011: $1,3232011Revenue 2012: $102,286Expenses 2012: $136,835Net Income 2012: -$34,5492012Revenue 2013: $132,725Expenses 2013: $90,646Net Income 2013: $42,0792013Revenue 2014: $106,896Expenses 2014: $134,025Net Income 2014: -$27,1292014Revenue 2015: $124,221Expenses 2015: $124,302Net Income 2015: -$812015Revenue 2016: $136,961Expenses 2016: $147,787Net Income 2016: -$10,8262016Revenue 2017: $121,177Expenses 2017: $122,073Net Income 2017: -$8962017Revenue 2018: $114,768Expenses 2018: $113,488Net Income 2018: $1,2802018Revenue 2019: $119,650Expenses 2019: $112,586Net Income 2019: $7,0642019Revenue 2020: $97,264Expenses 2020: $118,766Net Income 2020: -$21,5022020Revenue 2021: $167,934Expenses 2021: $146,236Net Income 2021: $21,6982021Revenue 2022: $129,598Expenses 2022: $135,756Net Income 2022: -$6,1582022Revenue 2023: $133,667Expenses 2023: $133,742Net Income 2023: -$752023Revenue 2023: $133,667Expenses 2023: $133,742Net Income 2023: -$752023Revenue 2024: $114,011Expenses 2024: $132,185Net Income 2024: -$18,1742024

Highlighted filing

2023

Revenue$133,667
Expenses$133,742
Net Income-$75
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2024
Return Version
2023v5.1
Gross Receipts
$133,667
Mission and Program Overview

Mission

The Vermont Technology Alliance is a non-profit business association dedicated to supporting and promoting Vermonts technology industry, expanding technology jobs and technology businesses in the state, and advocating policies that strengthen Vermonts technology business sector. The organization does this by creating opportunities for collaboration and networking, sponsoring programs, events and special projects, and by providing outreach, information and support to government, business and education leaders.

The vermont software developers alliance (dba the vermont technology alliance - vtta) is a non-profit business association with a mission to support, promote, and grow technology-focused businesses and jobs in vermont. The vtta has approximately 200 members from throughout the state ranging from startups to established companies, including businesses and organizations that work with and support the tech sector. The vtta works to attract a tech workforce to the state; advocates on behalf of the vermont technology business sector, hosts events and networking opportunities, shares vermont tech news and events through its communications channels, and provides business support for vermont's tech community.

Program Services

DescriptionGrantsExpenses
EMPLOYEE RECRUITMENT - THE VTTA WORKS TO ATTRACT A TECH WORKFORCE FOR OUR MEMBERS, INCLUDING LISTING JOB OPPORTUNITIES ON OUR CARRER CENTER. THE CAREER CENTER POSTS 250-300 JOB OPPORTUNITIES EACH MONTH. THE VTTA'S CAREER CENTER CARRIED 250-300 JOB OPPORTUNITIES EACH MONTH, WHICH WERE VISITED BY THOUSANDS OF CANDIDATES THROUGHOUT THE U.S.$0$0
NETWORKING AND COLLABORATION - THE VTTA HOSTS NETWORKING, EDUCATION AND SOCIAL EVENTS THAT CREATE OPPORTUNITIES FOR THE TECH COMMUNITY TO CONNECT, EXCHANGE IDEAS, AND MAKE CONTACTS. IN 2023 WE HOSTED 12 IN-PERSON NETWORKING EVENTS, INCLUDING AN ANNUAL SUNSET NETWORKING EVENT AND HELPED ORGANIZED THE ANNUAL VERMONT TECH JAM JOB FAIR AND EXPO. THE VTTA ALSO PROMOTED TECH EVENTS THROUGHOUT VERMONT ORGANIZED BY OTHER ORGANIZATIONS.$0$0
ADVOCACY AND REPRESENTATION -THE VTTA ACTED AS A UNIFIED VOICE FOR THE TECHNOLOGY SECTOR, AND REPRESENTED THE INTERESTS OF THE VERMONT TECH BUSINESS COMMUNITY WITH THE VERMONT LEGISLATURE AND GOVERNMENT LEADERS IN AREAS SUCH AS BROADBAND, ECONOMIC DEVELOPMENT, WORKFORCE ATTRACTION AND RECRUITMENT, DATA PRIVACY AND CLOUD COMPUTING.COMMUNICATIONS AND PROMOTION - THE VTTA COMMUNICATED VERMONT TECH-FOCUSED NEWS, EVENTS AND RESOURCES THROUGH ITS WEBSITE, MONTHLY E-NEWSLETTER AND SOCIAL MEDIA. IT'S LINKEDIN GROUP GREW TO MORE THAN 2,200 MEMBERS. BUSINESS SUPPORT - THE VTTA PROVIDED DOZENS OF CONTACTS, INFORMATION AND SUPPORT TO ITS MEMBERS AND VERMONT ORGANIZATIONS, WHICH RANGED FROM MEETING WITH FOREIGN VISITORS TO FINDING RESOURCES AND SERVICES FOR BUSINESS ENTREPRENEURS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY COUTUREExecutive DirectorFT$69,712-$69,712
MAUREEN MCELANEYDirector-$0--
ROD BUTLERPresident-$0--
JUSTIN MCCABEDirector-$0--
PATRICK COUGHLINDirector-$0--
BARRY HULCEDirector-$0--
NANCY SHUTTLEWORTHDirector-$0--
KERRY SWIFTDirector-$0--
VIJAY DESAIDirector-$0--
DANIELLE HAZELTONDirector-$0--
KYLIE KINGDirector-$0--
RIC SCHAAFTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Vermont Software Developers Alliance
EIN
20-5367423
Phone
8027350840
Address
70 SOUTH WINOOSKI AVE BOX 270, BURLINGTON, VT 05401

Signing Officer

Name
Jeffrey Couture
Title
Executive Director
Phone
8027350840
Signed
2024-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Mcsoley Mccoy & Co
Address
118 TILLEY DRIVE STE 202, SOUTH BURLINGTON, VT 05403
Preparer
Colleen Montgomery
Phone
8026581808
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous. Amount: 505.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: summer cruise networking exp. Amount: 2,900. Description: supplies. Amount: 142. Description: website maintenance. Amount: 1,537. Description: telephone. Amount: 85. Description: books, subscriptions. Amount: 732. Description: marketing and promotions. Amount: 540. Description: board meals. Amount: 181. Description: travel. Amount: 79. Description: insurance. Amount: 675. Description: advertising. Amount: 20. Description: bank fees. Amount: 1,055. Description: payroll taxes. Amount: 6,901. Description: quickbooks fees. Amount: 729. Description: interest expense. Amount: 1,267. Description: organizational expenses. Amount: 150. Description: miscellaneous. Amount: 22. Description: lunch and learn expenses. Amount: 2,570. Total to form 990-ez, line 16: 19,585.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: in-kind services. Amount: 9,140.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 3,795. End of year amount: 7,005. Description: web development. Beg. Of year amount: 10,000. End of year amount: 10,000. Description: due from jeff. Beg. Of year amount: 2,000. End of year amount: 2,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: payroll liabilities. Beg. Of year amount: 1,849. End of year amount: 2,223. Description: notes payable. Beg. Of year amount: 22,704. End of year amount: 21,770.

Raw XML Appendix195 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE VERMONT SOFTWARE DEVELOPERS ALLIANCE (DBA THE VERMONT TECHNOLOGY ALLIANCE - VTTA) IS A NON-PROFIT BUSINESS ASSOCIATION WITH A MISSION TO SUPPORT, PROMOTE, AND GROW TECHNOLOGY-FOCUSED BUSINESSES AND JOBS IN VERMONT. THE VTTA HAS APPROXIMATELY 200 MEMBERS FROM THROUGHOUT THE STATE RANGING FROM STARTUPS TO ESTABLISHED COMPANIES, INCLUDING BUSINESSES AND ORGANIZATIONS THAT WORK WITH AND SUPPORT THE TECH SECTOR. THE VTTA WORKS TO ATTRACT A TECH WORKFORCE TO THE STATE; ADVOCATES ON BEHALF OF THE VERMONT TECHNOLOGY BUSINESS SECTOR, HOSTS EVENTS AND NETWORKING OPPORTUNITIES, SHARES VERMONT TECH NEWS AND EVENTS THROUGH ITS COMMUNICATIONS CHANNELS, AND PROVIDES BUSINESS SUPPORT FOR VERMONT'S TECH COMMUNITY.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EMPLOYEE RECRUITMENT - THE VTTA WORKS TO ATTRACT A TECH WORKFORCE FOR OUR MEMBERS, INCLUDING LISTING JOB OPPORTUNITIES ON OUR CARRER CENTER. THE CAREER CENTER POSTS 250-300 JOB OPPORTUNITIES EACH MONTH. THE VTTA'S CAREER CENTER CARRIED 250-300 JOB OPPORTUNITIES EACH MONTH, WHICH WERE VISITED BY THOUSANDS OF CANDIDATES THROUGHOUT THE U.S.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NETWORKING AND COLLABORATION - THE VTTA HOSTS NETWORKING, EDUCATION AND SOCIAL EVENTS THAT CREATE OPPORTUNITIES FOR THE TECH COMMUNITY TO CONNECT, EXCHANGE IDEAS, AND MAKE CONTACTS. IN 2023 WE HOSTED 12 IN-PERSON NETWORKING EVENTS, INCLUDING AN ANNUAL SUNSET NETWORKING EVENT AND HELPED ORGANIZED THE ANNUAL VERMONT TECH JAM JOB FAIR AND EXPO. THE VTTA ALSO PROMOTED TECH EVENTS THROUGHOUT VERMONT ORGANIZED BY OTHER ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ADVOCACY AND REPRESENTATION -THE VTTA ACTED AS A UNIFIED VOICE FOR THE TECHNOLOGY SECTOR, AND REPRESENTED THE INTERESTS OF THE VERMONT TECH BUSINESS COMMUNITY WITH THE VERMONT LEGISLATURE AND GOVERNMENT LEADERS IN AREAS SUCH AS BROADBAND, ECONOMIC DEVELOPMENT, WORKFORCE ATTRACTION AND RECRUITMENT, DATA PRIVACY AND CLOUD COMPUTING.COMMUNICATIONS AND PROMOTION - THE VTTA COMMUNICATED VERMONT TECH-FOCUSED NEWS, EVENTS AND RESOURCES THROUGH ITS WEBSITE, MONTHLY E-NEWSLETTER AND SOCIAL MEDIA. IT'S LINKEDIN GROUP GREW TO MORE THAN 2,200 MEMBERS. BUSINESS SUPPORT - THE VTTA PROVIDED DOZENS OF CONTACTS, INFORMATION AND SUPPORT TO ITS MEMBERS AND VERMONT ORGANIZATIONS, WHICH RANGED FROM MEETING WITH FOREIGN VISITORS TO FINDING RESOURCES AND SERVICES FOR BUSINESS ENTREPRENEURS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS. AMOUNT: 505.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SUMMER CRUISE NETWORKING EXP. AMOUNT: 2,900. DESCRIPTION: SUPPLIES. AMOUNT: 142. DESCRIPTION: WEBSITE MAINTENANCE. AMOUNT: 1,537. DESCRIPTION: TELEPHONE. AMOUNT: 85. DESCRIPTION: BOOKS, SUBSCRIPTIONS. AMOUNT: 732. DESCRIPTION: MARKETING AND PROMOTIONS. AMOUNT: 540. DESCRIPTION: BOARD MEALS. AMOUNT: 181. DESCRIPTION: TRAVEL. AMOUNT: 79. DESCRIPTION: INSURANCE. AMOUNT: 675. DESCRIPTION: ADVERTISING. AMOUNT: 20. DESCRIPTION: BANK FEES. AMOUNT: 1,055. DESCRIPTION: PAYROLL TAXES. AMOUNT: 6,901. DESCRIPTION: QUICKBOOKS FEES. AMOUNT: 729. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 1,267. DESCRIPTION: ORGANIZATIONAL EXPENSES. AMOUNT: 150. DESCRIPTION: MISCELLANEOUS. AMOUNT: 22. DESCRIPTION: LUNCH AND LEARN EXPENSES. AMOUNT: 2,570. TOTAL TO FORM 990-EZ, LINE 16: 19,585.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: IN-KIND SERVICES. AMOUNT: 9,140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 3,795. END OF YEAR AMOUNT: 7,005. DESCRIPTION: WEB DEVELOPMENT. BEG. OF YEAR AMOUNT: 10,000. END OF YEAR AMOUNT: 10,000. DESCRIPTION: DUE FROM JEFF. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 1,849. END OF YEAR AMOUNT: 2,223. DESCRIPTION: NOTES PAYABLE. BEG. OF YEAR AMOUNT: 22,704. END OF YEAR AMOUNT: 21,770.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY COUTURE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIR.
ReturnHeader/BusinessOfficerGrp/PhoneNum08027350840
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERMONT SOFTWARE DEVELOPERS ALLIANCE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA VERMONT TECHNOLOGY ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0VERM
ReturnHeader/Filer/EIN0205367423
ReturnHeader/Filer/PhoneNum08027350840
ReturnHeader/Filer/USAddress/AddressLine1Txt070 SOUTH WINOOSKI AVE BOX 270
ReturnHeader/Filer/USAddress/CityNm0BURLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005401
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030327374
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCSOLEY MCCOY & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0118 TILLEY DRIVE STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH BURLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005403
ReturnHeader/PreparerPersonGrp/PhoneNum08026581808
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0COLLEEN MONTGOMERY
ReturnHeader/ReturnTs02024-09-26T07:19:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.34$0.05$1.14$1.32$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.24$0.14$1.34$1.34$0.00
2023Summary only. Only limited summary data is available for this year.$0.38$0.24$1.34$1.34$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.25$0.05$1.30$1.36$0.06
2021Summary only. Only limited summary data is available for this year.$0.38$0.27$1.68$1.46$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.25$0.11$0.97$1.19$0.22
2019Summary only. Only limited summary data is available for this year.$0.13$0.02$1.20$1.13$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.03$1.15$1.13$0.01
2017Summary only. Only limited summary data is available for this year.$0.06$0.04$1.21$1.22$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.06$0.03$1.37$1.48$0.11
2015Summary only. Only limited summary data is available for this year.$0.14$0.00$1.24$1.24$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.14$1.07$1.34$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.46$0.05$0.41$1.33$0.91$0.42
2012Summary only. Only limited summary data is available for this year.$0.12$0.13$1.02$1.37$0.35
2011Summary only. Only limited summary data is available for this year.$0.37$0.01$0.68$0.67$0.01