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Advance Transit Inc

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

EIN: 222558708 ✦ Wilder, VT ✦ Designated as a 501(c)(3)

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Overview

What is Advance Transit Inc?

Advance Transit Inc, situated in Wilder, Vermont, is a dedicated nonprofit organization that offers public transportation services to various towns within the upper valley region of both New Hampshire and Vermont. Their mission is to ensure the long-term viability and accessibility of these communities by providing reliable, safe, and user-friendly transportation options. They cater to the general public, as well as specific groups such as youth, the elderly, and individuals with disabilities. Their primary focus is on maintaining the livability and accessibility of the upper valley, which they achieve through their efficient and friendly transportation services. The organization is staffed by 71 employees, showcasing their commitment to providing quality transportation solutions to the communities they serve.


Official website here: www.advancetransit.com

Is Advance Transit Inc legitimate?

Advance Transit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advance 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: $211,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,073,855

For more financial information, click here


Official website here: www.advancetransit.com

What is the mission statement of Advance Transit Inc?

Advance Transit Inc's mission is centered around ensuring the sustainability and accessibility of communities in an unspecified region. They achieve this by providing reliable, secure, and amiable public transportation services. The organization's primary goal is to enhance the livability of these communities, making transportation a crucial component of this endeavor. Their services cater to various demographics, including the general public, youth, the elderly, and individuals with disabilities.


Official website here: www.advancetransit.com

Who is the CEO of Advance Transit Inc?

Adams Carroll is the President of Advance Transit Inc.


Official website here: www.advancetransit.com

What is the revenue of Advance Transit Inc?

Advance Transit Inc's revenue in 2023 was $8,660,374.


Official website here: www.advancetransit.com

Who are the executives of Advance Transit Inc and what are their salaries?

The average compensation at Advance Transit Inc during 2023 was $46,271. There are 71 employees and 20 volunteers at Advance Transit Inc.


Here are 16 key members and their salaries:


Matt Osborn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgios Katsaros (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Owens (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Houseman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Van Chesnut (Executive Director)
  • Compensation: $143,479
  • Related: $0
  • Other: $7,240
Bethany Fleishman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick O'Neill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Beliveau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Major (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathie Nolet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Wilkie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stewart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adams Carroll (Executive Director)
  • Compensation: $139,939
  • Related: $0
  • Other: $6,676
Rob Starkey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.advancetransit.com

Where can I find the form 990 for Advance Transit Inc?

Advance Transit Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.advancetransit.com

Learn more at the official website: www.advancetransit.com

Mission Statement of Advance Transit Inc

Advance Transit Inc, a nonprofit organization, is committed to preserving the livability and accessibility of various communities in the Upper Valley region. To accomplish this, the organization provides reliable, secure, and amiable public transportation services to the general public, including youth, the elderly, and individuals with disabilities, across several towns in New Hampshire and Vermont. By ensuring smooth transportation options, Advance Transit Inc plays a significant role in maintaining the connectivity and inclusivity of these communities, making them more livable and accessible for all its residents.

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Impact




October, 2024

Advance Transit Inc plays a crucial role in enhancing the livability and accessibility of Upper Valley communities in New Hampshire and Vermont. By providing safe, effective, and friendly public transportation services, it ensures that essential mobility options are available for residents, including the general public, youth, the elderly, and individuals with disabilities.

The organization's commitment to reliable public transit helps reduce reliance on personal vehicles, contributing to decreased traffic congestion and lower carbon emissions. This not only supports a cleaner environment but also fosters greater community connection by making it easier for people to access jobs, education, healthcare, and social services.

Advance Transit Inc's services bolster local economies by promoting accessibility to businesses and tourism in the region. By ensuring that transportation is available and dependable, the organization helps maintain vibrant communities where individuals can thrive and stay engaged.

Overall, Advance Transit Inc is a vital resource for promoting social equity, environmental sustainability, and economic vitality in the Upper Valley, impacting the quality of life for many residents.




This information is meant to be a general summary of Advance 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.

Revenue
$8,660,374 (2023)
Expenses
$7,173,802 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,706
  • Gross Receipts: $8,660,374

Assets and Liabilities:

  • Total Assets: $18,671,790
  • Total Liabilities: $358,128
  • Net Assets: $18,313,662

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Organization Details

Founding Year

1984

Principal Officer

Adams Carroll

Main Address

PO Box 1027, Wilder, VT, 05088

NTEE Category

Code: W40Z - Public benefit

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