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Building A Local Economy

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

EIN: 274850835 ✦ South royalton, VT ✦ Designated as a 501(c)(3)

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Overview

What is Building A Local Economy?

Building A Local Economy is a dedicated community resource center situated in the Upper White River Valley of Vermont. Its primary focus is on fostering initiatives related to agriculture, food, and local economy. In 2022, the organization showcased its commitment by offering a range of educational and community-building programs. These programs, available both online and in-person, included workshops, meetings, art exhibitions, music events, and film screenings, all designed to engage and empower the local community.


Official website here: www.balevt.org

Is Building A Local Economy legitimate?

Building A Local Economy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building A Local Economy submitted a form 990EZ, 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.


Official website here: www.balevt.org

What is the mission statement of Building A Local Economy?

Building A Local Economy is an organization committed to fostering initiatives related to farming, food, and local economy in a specific area. Their mission, as a community resource center, is to dedicate its resources towards developing and creating sustainable projects within this field. In 2022, they offered various educational programs and community-building events both online and at their physical location, including classes, meetings, art shows, music events, and films, all aimed at engaging and educating the community.


Official website here: www.balevt.org

Who is the CEO of Building A Local Economy?

Chris Wood is the Executive Director of Building A Local Economy.


Official website here: www.balevt.org

What is the revenue of Building A Local Economy?

Building A Local Economy's revenue in 2022 was $196,948.


Official website here: www.balevt.org

Who are the executives of Building A Local Economy and what are their salaries?


Here are 6 key members and their salaries:


Sue Schlabach (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Hatley (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecily Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Gish (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claribel Wu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wood (Executive Director)
  • Compensation: $30,168
  • Related: $0
  • Other: $0


Official website here: www.balevt.org

Where can I find the form 990EZ for Building A Local Economy?

Building A Local Economy's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.balevt.org

Learn more at the official website: www.balevt.org

Mission Statement of Building A Local Economy

Building A Local Economy, as a community resource center, is committed to fostering initiatives centered around agriculture, food, and local economy in the Upper White River Valley of Vermont. The organization plays a significant role in promoting educational and community-building programs. In 2022, it offered a variety of activities, both online and at its physical location, including workshops, meetings, art exhibitions, musical events, and film screenings. These initiatives serve to bring the community together and inspire local economic growth in the fields of farming and food production.

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Impact




October, 2024

Building A Local Economy has a significant impact on the Upper White River Valley of Vermont by fostering a robust local community centered around agriculture, food systems, and economic development. Its initiatives serve as a catalyst for engagement, education, and collaboration among residents, farmers, and local businesses.

Through a diverse array of educational programs—such as classes on sustainable farming practices and workshops on local food production—it empowers community members to enhance their skills and knowledge. This not only improves individual livelihoods but also strengthens the local economy by promoting the consumption of local goods and increasing support for nearby farms.

Additionally, the center's community-building events, including art shows, music events, and film screenings, create vibrant opportunities for social interaction and cultural exchange. These activities not only enhance community ties but also attract visitors to the area, further stimulating economic activity.

Overall, Building A Local Economy plays a critical role in enhancing the health, resilience, and sustainability of the Upper White River Valley by nurturing local talent, fostering innovation, and celebrating the unique cultural identity of the region.




This information is meant to be a general summary of Building A Local Economy. 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
$196,948 (2022)
Expenses
$172,870 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $125,335
  • Gross Receipts: $196,948

Assets and Liabilities:

  • Total Assets: $96,734
  • Total Liabilities: $663
  • Net Assets: $96,071

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Organization Details

Principal Officer

Chris Wood

Main Address

PO Box 211 35 South Windsor Street, South Royalton, VT, 05068

NTEE Category

Code: S30 - Community improvement

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