Overview
What is Green Mountain Economic Development Corp?
Green Mountain Economic Development Corporation, situated in White River Junction, Vermont, is a nonprofit organization with a mission to enhance economic stability and create new job opportunities within the local community. Their primary objective is to foster and cultivate economic vitality and prosperity, aligning with the goals of the communities they serve. With a modest workforce of three individuals, the corporation plays a significant role in driving the region's economic growth and development.
Official website here: www.gmedc.com
Is Green Mountain Economic Development Corp legitimate?
Green Mountain Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Green Mountain 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: $88,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,529
For more financial information, click here
Official website here: www.gmedc.com
What is the mission statement of Green Mountain Economic Development Corp?
The Green Mountain Economic Development Corp is committed to promoting economic growth and prosperity in the communities it serves. Its mission is to create new job opportunities and enhance economic stability within the region. The corporation strives to align its activities with the objectives of the local communities, working towards their overall development and vitality. By fostering economic growth, the Green Mountain Economic Development Corp aims to contribute positively to the well-being and progress of the areas it serves.
Official website here: www.gmedc.com
What is the revenue of Green Mountain Economic Development Corp?
Green Mountain Economic Development Corp's revenue in 2024 was $674,411.
Official website here: www.gmedc.com
Who are the executives of Green Mountain Economic Development Corp and what are their salaries?
The average compensation at Green Mountain Economic Development Corp during 2024 was $70,551. There are 3 employees and 11 volunteers at Green Mountain Economic Development Corp.
Here are 12 key members and their salaries:
- Compensation: $82,500
- Related: $7,895
- Other: $0
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Official website here: www.gmedc.com
Where can I find the form 990 for Green Mountain Economic Development Corp?
Green Mountain Economic Development Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.gmedc.com
Learn more at the official website: www.gmedc.com
Mission Statement of Green Mountain Economic Development Corp
Green Mountain Economic Development Corp, as a nonprofit organization, is dedicated to fostering and promoting economic vitality and prosperity in line with the aspirations of the communities it serves. Its mission is geared towards creating new job opportunities and enhancing economic stability within the region. In essence, the corporation strives to contribute positively to the economic growth and well-being of the communities it operates in, aligning its activities with their collective objectives.
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Impact
October, 2024
Green Mountain Economic Development Corp plays a pivotal role in enhancing economic vitality within the communities it serves, specifically in White River Junction, VT. The organization focuses on creating new job opportunities and fostering economic stability in the region. By working closely with local stakeholders, it aligns its efforts with community goals, ensuring that development initiatives are both sustainable and tailored to the needs of the population. This approach not only bolsters the local economy but also fosters an environment where businesses can thrive, thereby contributing to overall community improvement and prosperity.
This information is meant to be a general summary of Green Mountain 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 2024.
- Investment Income: $1
- Program Service Revenue: $330,306
- Gross Receipts: $674,411
Assets and Liabilities:
- Total Assets: $4,710,766
- Total Liabilities: $4,563,455
- Net Assets: $147,311
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Property management fees
Revenue
$43,746
Ineterst income - direct financing leases
Revenue
$252,005
Service income
Revenue
$34,555
Organization Details
Founding Year
1982
Principal Officer
Erika Hoffman-Kiess
Website
www.gmedc.comNTEE Category
Code: S30 - Community improvement
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