Burlington Business Assoc Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030268719 ✦ Burlington, VT ✦ Designated as a 501(c)(6)

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Overview

What is Burlington Business Assoc Inc?

Burlington Business Association Inc, located at 29 Church Street, Burlington, VT 05401, is a nonprofit organization that plays a pivotal role in supporting and boosting the local economy. With a team of five dedicated individuals, their primary mission is to promote the economic prosperity of Burlington, VT. They achieve this by offering networking opportunities and annual recognition events for their member organizations. Furthermore, they advocate on behalf of their members, ensuring their collective interests are represented and considered. This nonprofit association aims to foster a thriving business environment in Burlington, VT.


Official website here: www.bbavt.org

Is Burlington Business Assoc Inc legitimate?

Burlington Business Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Burlington Business Assoc Inc 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: $127,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,046

For more financial information, click here


Official website here: www.bbavt.org

What is the mission statement of Burlington Business Assoc Inc?

The Burlington Business Association Inc. is dedicated to fostering the economic prosperity of a specific, unspecified location. They accomplish this by offering support and networking opportunities to their member organizations, which includes annual recognition events, meetings, and social gatherings. Furthermore, they advocate on behalf of their members, working to advance their collective interests.


Official website here: www.bbavt.org

Who is the CEO of Burlington Business Assoc Inc?

Kelly Devine is the Executive Di of Burlington Business Assoc Inc.


Official website here: www.bbavt.org

What is the revenue of Burlington Business Assoc Inc?

Burlington Business Assoc Inc's revenue in 2022 was $233,012.


Official website here: www.bbavt.org

Who are the executives of Burlington Business Assoc Inc and what are their salaries?

The average compensation at Burlington Business Assoc Inc during 2022 was $45,358. There are 5 employees and 44 volunteers at Burlington Business Assoc Inc.


Here are 13 key members and their salaries:


Kelly Devine (Executive Di)
  • Compensation: $117,957
  • Related: $0
  • Other: $9,788
Chelsea Condos (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shireen Hart (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Kuzia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Austin-Hawley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Casella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Deane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Dysart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John George-Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Kingsbury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslee Mackenzie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Nick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bbavt.org

Where can I find the form 990 for Burlington Business Assoc Inc?

Burlington Business Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bbavt.org

Learn more at the official website: www.bbavt.org

Mission Statement of Burlington Business Assoc Inc

Burlington Business Associates Inc, a notable organization, is dedicated to fostering and advancing the economic prosperity of Burlington, VT. Their mission is multifaceted, encompassing both support and promotion of the local economy. They achieve this by offering a variety of resources to their member organizations. This includes hosting annual recognition events, organizing meetings, and facilitating social gatherings. These opportunities not only foster networking but also contribute to the overall growth and success of the member organizations. Furthermore, Burlington Business Associates Inc takes an active role in advocating on behalf of its members, ensuring their voices are heard and concerns addressed. This commitment to supporting and promoting the economic vitality of Burlington, VT, is a testament to the organization's dedication to the community's prosperity.

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Impact




October, 2024

Burlington Business Assoc Inc plays a vital role in enhancing the economic landscape of Burlington, VT. By providing support and networking opportunities to local organizations, it fosters collaboration and growth among its members. Through annual recognition events, meetings, and social gatherings, it creates an environment where businesses can connect, share ideas, and explore new partnerships.

Additionally, the association advocates on behalf of its members, ensuring their interests are represented in the broader economic discussions within the community. This not only strengthens the individual businesses but also contributes to the overall economic vitality of Burlington. By focusing on community improvement, Burlington Business Assoc Inc actively promotes a thriving business ecosystem that benefits both local organizations and the residents of the area.




This information is meant to be a general summary of Burlington Business Assoc Inc. 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.

Revenue
$233,012 (2022)
Expenses
$281,211 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $185
  • Program Service Revenue: $231,289
  • Gross Receipts: $234,633

Assets and Liabilities:

  • Total Assets: $423,956
  • Total Liabilities: $345,445
  • Net Assets: $78,511

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$139,257

SERVICES

Revenue

$50,000

PARKING PROJECT CONTRACT

Revenue

$37,246

PROJECT INCOME

Revenue

$4,786

Organization Details

Founding Year

1978

Principal Officer

Kelly Devine

Main Address

29 CHURCH STREET, BURLINGTON, VT, 05401

NTEE Category

Code: S41 - Community improvement

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