Overview
What is Central Vermont Economic Development Corp?
The Central Vermont Economic Development Corp is a nonprofit organization situated in Montpelier, Vermont. Their primary mission is to drive sustainable economic growth by coordinating collaborative efforts between public and private sectors. They specialize in attracting, encouraging, and supporting the development of desirable private industries, with a focus on industrial and commercial advancement. Their headquarters serve as a hub for these initiatives, working tirelessly to foster and encourage economic development within the region.
Official website here: www.cvedc.org
Is Central Vermont Economic Development Corp legitimate?
Central Vermont Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Central Vermont Economic Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $47,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,169
For more financial information, click here
Official website here: www.cvedc.org
What is the mission statement of Central Vermont Economic Development Corp?
The Central Vermont Economic Development Corporation's mission is centered around promoting economic development. This organization plays a role in attracting, encouraging, and financing suitable private industries. Their activities are geared towards fostering and encouraging industrial and commercial development. Their mission is not limited to these actions but also involves coordinating efforts between public and private sectors. The corporation serves as a catalyst for the growth and development of these industries, aiming to contribute positively to the economy.
Official website here: www.cvedc.org
Who is the CEO of Central Vermont Economic Development Corp?
Melissa Bounty is the Director of Central Vermont Economic Development Corp.
Official website here: www.cvedc.org
What is the revenue of Central Vermont Economic Development Corp?
Central Vermont Economic Development Corp's revenue in 2022 was $295,591.
Official website here: www.cvedc.org
Who are the executives of Central Vermont Economic Development Corp and what are their salaries?
The average compensation at Central Vermont Economic Development Corp during 2022 was $28,312. There are 5 employees and 20 volunteers at Central Vermont Economic Development Corp.
Here are 21 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $76,816
- Related: $0
- Other: $5,798
Official website here: www.cvedc.org
Where can I find the form 990 for Central Vermont Economic Development Corp?
Central Vermont Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvedc.org
Learn more at the official website: www.cvedc.org
Mission Statement of Central Vermont Economic Development Corp
Central Vermont Economic Development Corporation, abbreviated as CVEDC, is dedicated to fostering economic growth and development in its community. The organization's mission is multifaceted, encompassing the attraction, encouragement, and financing of desirable private industries. CVEDC plays a crucial role in coordinating public and private initiatives, directing them towards the development of industrious and commercial ventures. By doing so, the corporation aims to stimulate the local economy and create opportunities for prosperity. The organization's mission is centered around industrial and commercial development, thereby contributing to the well-being and progress of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Central Vermont Economic Development Corporation significantly influences industrial and commercial growth in the region. By fostering cooperation between public and private sectors, it effectively attracts and encourages investment in desirable industries, driving economic vitality. Its mission to enhance sound economic development positions it as a key player in financing and supporting projects that benefit the local community. Based in Montpelier, VT, the organization actively works to create an environment conducive to business growth, resulting in a more robust economy and improved community resources. This strategic focus on industrial and commercial development not only boosts job creation but also enhances the overall quality of life for residents in Central Vermont.
This information is meant to be a general summary of Central Vermont Economic Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,654
- Program Service Revenue: $5,512
- Gross Receipts: $295,591
Assets and Liabilities:
- Total Assets: $706,920
- Total Liabilities: $457,294
- Net Assets: $249,626
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS
Revenue
$5,512
Organization Details
Founding Year
1976
Phone
(802) 223-4654Principal Officer
Melissa Bounty
Main Address
1 NATIONAL LIFE DRIVE PO BOX 1439, MONTPELIER, VT, 056011439
Website
www.cvedc.orgNTEE Category
Code: S30 - Community improvement
If you are a representative of Central Vermont Economic Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.