Overview
What is Run Vermont Inc?
Run Vermont Inc, located at 1 Main Street, Burlington, VT 05401, is a nonprofit organization dedicated to promoting running as a lifelong activity. They achieve this by organizing exceptional events and programs that foster community engagement and celebrate the athletic spirit. Run Vermont Inc has a modest workforce of eight individuals. Their notable activities include hosting annual marathon and relay races, attracting around 8,000 runners and utilizing 1,700 volunteers, in addition to smaller-scale events such as a half marathon and relay race for approximately 1,500 runners with 500 volunteers, held in October 2021 due to COVID-19 protocols.
Official website here: www.runvermont.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Run Vermont Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and finance management. This score is derived solely from its accountability and finance metrics, showcasing the organization's strong commitment to transparency and good governance practices.
The nonprofit demonstrates impressive performance in various key areas, such as maintaining an independent board with 100% of its members being independent and having a well-defined conflict of interest policy. The organization has effectively avoided any material diversion of assets and reported a healthy liabilities to assets ratio, signaling its financial stability.
While Run Vermont Inc has shown strength in accountability, the rating does not provide insights into its programmatic impact or effectiveness. This could be a consideration for potential donors or volunteers looking to understand the broader implications of the organization's work. Overall, the rating reflects a trustworthy organization with robust financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Run Vermont Inc legitimate?
Run Vermont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Run Vermont 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: $132,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,077
For more financial information, click here
Official website here: www.runvermont.org
What is the mission statement of Run Vermont Inc?
Run Vermont Inc's mission is centered around promoting running as a lifelong activity. They accomplish this by organizing exceptional events and programs that engage the community and celebrate the athletic spirit. The organization's activities include hosting events such as marathons and relay races, attracting a large number of participants and volunteers. For instance, during Memorial Day weekend, about 8,000 runners participated in races along with 1,700 volunteers. Similarly, in October 2021, a half marathon and relay race involving approximately 1,500 runners and 500 volunteers was held. It's worth noting that due to COVID-19 protocols, a one-off race was organized on a specific date that year.
Official website here: www.runvermont.org
Who is the CEO of Run Vermont Inc?
Joe Connelly is the Executive Di of Run Vermont Inc.
Official website here: www.runvermont.org
What is the revenue of Run Vermont Inc?
Run Vermont Inc's revenue in 2022 was $1,281,962.
Official website here: www.runvermont.org
Who are the executives of Run Vermont Inc and what are their salaries?
The average compensation at Run Vermont Inc during 2022 was $42,270. There are 8 employees and 1700 volunteers at Run Vermont Inc.
Here are 17 key members and their salaries:
- Compensation: $55,092
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- Other: $7,219
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- Other: $7,892
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Official website here: www.runvermont.org
Where can I find the form 990 for Run Vermont Inc?
Run Vermont Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.runvermont.org
Learn more at the official website: www.runvermont.org
Mission Statement of Run Vermont Inc
Run Vermont Inc, as a nonprofit organization, is dedicated to promoting running as a lifelong activity. They achieve this by organizing exceptional events and programs that engage the community and celebrate the athletic spirit. By producing these events, Run Vermont Inc aims to foster a sense of community and encourage individuals to participate in running activities. The organization's mission is not just about organizing races, but also about celebrating the overall spirit of athleticism and community involvement.
Run Vermont Inc's events are open to the public and cater to a wide range of runners. For instance, they organized a memorial day weekend event that included a sports and fitness expo open to the public, along with a marathon and relay race for approximately 8,000 runners. This event required the assistance of around 1,700 volunteers. Similarly, in October 2021, they organized a sports and fitness expo and a half marathon and relay race for approximately 1,500 runners, utilizing 500 volunteers. This event was a one-off occasion due to COVID-19 protocols.
In summary, Run Vermont Inc is an organization that is passionate about promoting running as a lifelong activity. They achieve this by organizing engaging events and programs that celebrate the athletic spirit and bring the community together. Their events cater to a wide range of runners and require the support of numerous volunteers.
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Impact
July, 2024
Run Vermont Inc's impact can be seen through its dedication to supporting running as a lifelong activity by producing exceptional events and programs that engage the community and celebrate the athletic spirit. Their Memorial Day weekend events, which include a sports and fitness expo open to the public and a marathon and relay race with thousands of participants and volunteers, bring together individuals in a positive and active setting. Additionally, their one-off race in October 2021, although smaller in scale due to COVID protocols, continued to promote community engagement and the joy of running. Through these initiatives, Run Vermont Inc is making a significant impact on community improvement by encouraging healthy lifestyles and a sense of camaraderie among participants.
This information is meant to be a general summary of Run Vermont 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $66
- Program Service Revenue: $894,130
- Gross Receipts: $1,284,312
Assets and Liabilities:
- Total Assets: $471,914
- Total Liabilities: $121,156
- Net Assets: $350,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT FEES
Revenue
$887,630
FEES FOR SERVICE
Revenue
$6,500
Organization Details
Founding Year
1989
Phone
(802) 863-8412Principal Officer
Joe Connelly
Main Address
1 MAIN STREET, BURLINGTON, VT, 05401
Website
www.runvermont.orgNTEE Category
Code: S20Z - Community improvement
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