Civic Intelligence

Vineyard Power Development Fund Inc.

990EZ • Fiscal year 2021 • EIN 87-2762989

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 14, 2022

151 Beach Road Unit 1AVineyard Haven, MA 02568

(508) 693-3002

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$96,036

No earlier filing loaded for comparison.

Net Assets

$96,036

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$96,036

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$96,036

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2021: $96,036Liabilities 2021: $0Net Assets 2021: $96,0362021Assets 2022: $104,358Liabilities 2022: $138,321Net Assets 2022: -$33,9632022Assets 2023: $232,081Liabilities 2023: $112,810Net Assets 2023: $119,2712023Assets 2024: $146,744Liabilities 2024: $23,372Net Assets 2024: $123,3722024

Highlighted filing

2021

Assets$96,036
Liabilities$0
Net Assets$96,036

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2021: $96,036Expenses 2021: $0Net Income 2021: $96,0362021Revenue 2022: $72,730Expenses 2022: $202,729Net Income 2022: -$129,9992022Revenue 2023: $837,821Expenses 2023: $684,587Net Income 2023: $153,2342023Revenue 2024: $955,784Expenses 2024: $951,683Net Income 2024: $4,1012024

Highlighted filing

2021

Revenue$96,036
Expenses$0
Net Income$96,036
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 14, 2022
Return Version
2021v4.2
Gross Receipts
$96,036
Mission and Program Overview

Mission

As a charitable organization exempt under section 501(c)(3) of the Internal Revenue Code, the Vineyard Power Development Fund, Inc., (VPDF) is a mission-driven nonprofit located on the island of Martha's Vineyard that operates in the furtherance of the following mission and vision statements: Our mission is to foster the production of electricity from local, renewable resources while enhancing resiliency at our community's critical facilities and ensuring equitable access for all residents and businesses. Our vision for the island is to be 100% renewable in electricity, transportation, and heating by 2040.

Promotion of the community and public benefits derived from renewable energy, energy storage, energy efficiency and strategic electrification as a means of mitigating and increasing resilience to the detrimental effects of climate change on the population, facilities and infrastructure of Martha's Vineyard Island.

Program Services

DescriptionGrantsExpenses
N/A for 2021.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard AndrePresident-$0--
Michael JacobsChairman-$0--
Rob HannemannTreasurer-$0--
William LakeSecretary-$0--
Ron DagostinoDirector-$0--
Filing and Contact Details

Filer

Filer Name
Vineyard Power Development Fund Inc
EIN
87-2762989
Phone
5086933002
Address
151 Beach Road Unit 1A, Vineyard Haven, MA 02568

Signing Officer

Name
Richard Andre
Title
President
Phone
5086933002
Signed
2022-06-14
Discuss with paid preparer
Yes

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Barbara J McGuan CPA
Phone
2077752387
Raw XML Appendix147 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/PoliticalCampaignActyInd00
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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.
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ReturnHeader/ReturnTs02022-06-17T08:32:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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