Overview
What is St Johnsbury Development Fund Inc?
St. Johnsbury Development Fund Inc is a nonprofit organization based in Saint Johnsbury, Vermont, specifically at 1236 Main Street. Their primary mission is to stimulate economic growth in rural Northern Vermont. They have demonstrated success in attracting medium-sized manufacturing businesses to the St. Johnsbury-Lyndon area, thereby augmenting the available employment opportunities in the region.
Is St Johnsbury Development Fund Inc legitimate?
St Johnsbury Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. St Johnsbury Development Fund 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.
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What is the mission statement of St Johnsbury Development Fund Inc?
The St Johnsbury Development Fund Inc is dedicated to fostering economic growth in a rural setting. They have successfully attracted several medium-sized manufacturing businesses, leading to an increase in employment opportunities in the area. Their mission can be seen as promoting business development and job creation, contributing to the local economy. The Fund's activities are focused on enhancing the economic landscape, thereby providing a more prosperous community.
Who is the CEO of St Johnsbury Development Fund Inc?
Daniel Kimbell is the President of St Johnsbury Development Fund Inc.
What is the revenue of St Johnsbury Development Fund Inc?
St Johnsbury Development Fund Inc's revenue in 2022 was $89,049.
Who are the executives of St Johnsbury Development Fund Inc and what are their salaries?
There 31 volunteers at St Johnsbury Development Fund Inc.
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Where can I find the form 990 for St Johnsbury Development Fund Inc?
St Johnsbury Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Johnsbury Development Fund Inc
St. Johnsbury Development Fund Inc is committed to driving economic development in rural areas, specifically in Northern Vermont. The organization has demonstrated its success by attracting several medium-sized manufacturing businesses to the region, thereby increasing the employment opportunities available. By focusing on economic growth in this sector, St. Johnsbury Development Fund Inc is contributing to the overall development and vitality of the community.
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Impact
October, 2024
St. Johnsbury Development Fund Inc significantly impacts the economic landscape of rural Northern Vermont by driving job creation and attracting medium-sized manufacturing businesses. By focusing on economic development in the St. Johnsbury-Lyndon area, the Fund has successfully secured several enterprises that not only enhance local employment opportunities but also contribute to overall community improvement. This initiative fosters a more robust and diverse economy, providing residents with better job prospects and promoting sustainable growth in the region.
This information is meant to be a general summary of St Johnsbury Development Fund 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.
- Gross Receipts: $112,029
Assets and Liabilities:
- Total Assets: $1,703,384
- Total Liabilities: $489,314
- Net Assets: $1,214,070
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Organization Details
Founding Year
1960
Phone
(802) 751-4334Principal Officer
Daniel Kimbell
Main Address
1236 Main Street, SAINT JOHNSBURY, VT, 05819
NTEE Category
Code: S31 - Community improvement
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