Overview
What is Southeast Vermont Transit Inc?
Southeast Vermont Transit Inc, based in the communities it serves, is a dedicated public transit organization. Its primary mission is to improve the quality of life and economic vitality by offering safe, reliable, efficient, and courteous transportation services. This nonprofit caters to a wide range of individuals, including the general public, elderly, and disabled, as well as schoolchildren. Additionally, they provide volunteer rides, ensuring accessibility for all sections of the community in southern Vermont. By setting high standards for efficiency and excellence, Southeast Vermont Transit Inc aims to lead among Vermont's public transit organizations.
Official website here: www.moover.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Southeast Vermont Transit Inc has earned an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an Accountability & Finance score of 92% and a Culture & Community score of 91%, the organization demonstrates strong governance practices, including a fully independent board and robust financial oversight mechanisms.
The nonprofit excels in its program expense ratio, allocating 84.75% of its expenses directly to its programs. Feedback from constituents is collected and utilized effectively, with a perfect score in this area, showcasing the organization's commitment to responsiveness and engagement with the community it serves.
However, while the organization scores well overall, its equity strategies score of 87 out of 100 highlights some areas for improvement, specifically in equity data collection and policy implementation. This suggests that while Southeast Vermont Transit Inc is doing well in many aspects, there remains room for growth in ensuring inclusive practices across all levels of its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Vermont Transit Inc legitimate?
Southeast Vermont Transit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Vermont Transit 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: $142,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,764,956
For more financial information, click here
Official website here: www.moover.com
What is the mission statement of Southeast Vermont Transit Inc?
Southeast Vermont Transit Inc, often referred to as SEVT, is dedicated to enhancing the quality of life and fostering economic growth in the communities it serves. This is achieved by providing safe, reliable, efficient, and courteous public transit services to a broad population base. SEVT goes beyond serving the general public; it caters to the transportation needs of elderly and disabled individuals, school children, and even offers volunteer rides. The organization sets a high standard for efficiency and excellence among Vermont's public transit organizations.
Official website here: www.moover.com
Who is the CEO of Southeast Vermont Transit Inc?
Randy Schoonmaker is the CEO of Southeast Vermont Transit Inc The CEO's salary of Southeast Vermont Transit Inc is $115,326 and their total compensation is $141,867.
Official website here: www.moover.com
What is the revenue of Southeast Vermont Transit Inc?
Southeast Vermont Transit Inc's revenue in 2024 was $9,518,769.
Official website here: www.moover.com
Who are the executives of Southeast Vermont Transit Inc and what are their salaries?
The average compensation at Southeast Vermont Transit Inc during 2024 was $33,400. There are 117 employees and 29 volunteers at Southeast Vermont Transit Inc.
Here are 9 key members and their salaries (Southeast Vermont Transit Inc's CEO's salary is $115,326 and their total compensation is $141,867):
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- Compensation: $115,326
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- Other: $26,541
Official website here: www.moover.com
Where can I find the form 990 for Southeast Vermont Transit Inc?
Southeast Vermont Transit Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.moover.com
Learn more at the official website: www.moover.com
Mission Statement of Southeast Vermont Transit Inc
Southeast Vermont Transit, or SEVT, is dedicated to enhancing the quality of life and promoting economic growth in the communities it serves. The organization achieves this by delivering safe, dependable, efficient, and considerate public transportation services to the broadest population possible. SEVT's mission extends beyond the general public, catering to the needs of elderly and disabled individuals, schoolchildren, and volunteers. By setting a high standard for efficiency and excellence among Vermont's public transit organizations, SEVT is committed to providing a reliable and courteous transportation service to southern Vermont.
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Impact
July, 2024
Southeast Vermont Transit Inc, operating as Southeast Vermont Transit (SEVT), plays a vital role in advancing the quality of life and economic vitality in the communities it serves. By providing safe, reliable, efficient, and courteous transit services, SEVT ensures that the general public, elderly and disabled individuals, school kids, and volunteers have access to transportation in southern Vermont. Through its commitment to excellence, SEVT sets the benchmark for efficiency and quality among public transit organizations in Vermont, contributing to the overall well-being and connectivity of the region.
This information is meant to be a general summary of Southeast Vermont Transit 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 2024.
- Investment Income: $1,736
- Program Service Revenue: $3,570,600
- Gross Receipts: $9,614,152
Assets and Liabilities:
- Total Assets: $12,091,020
- Total Liabilities: $2,170,497
- Net Assets: $9,920,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID INCOME
Revenue
$2,722,917
LOCAL CONTRACTS
Revenue
$847,683
Organization Details
Founding Year
1996
Principal Officer
Randall Schoonmaker
Website
www.moover.comNTEE Category
Code: W40 - Public benefit
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