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Lake Champlain Islands Economic Development Corporation

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

EIN: 320390821 ✦ North hero, VT ✦ Designated as a 501(c)(6)

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Overview

What is Lake Champlain Islands Economic Development Corporation?

Lake Champlain Islands Economic Development Corporation is a nonprofit organization situated in North Hero, Vermont, specifically serving Grand Isle County. Their primary role involves promoting economic growth within the community. They offer valuable assistance to local businesses, providing them with essential counseling services. To support the local workforce, the corporation organizes free workshops and training sessions. Furthermore, they bridge connections between local businesses and various State and Federal resources, thereby strengthening the local economy.


Official website here: www.champlainislands.com

Is Lake Champlain Islands Economic Development Corporation legitimate?

Lake Champlain Islands Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lake Champlain Islands Economic Development Corporation 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.champlainislands.com

What is the mission statement of Lake Champlain Islands Economic Development Corporation?

The Lake Champlain Islands Economic Development Corporation serves to facilitate economic growth in Grand Isle County, Vermont. Their primary activities include offering small business counseling, conducting free workshops and training sessions for the local workforce, and linking local businesses with relevant resources from both the state and federal levels. The corporation's mission is centered around promoting sustainable economic development within the region.


Official website here: www.champlainislands.com

Who is the CEO of Lake Champlain Islands Economic Development Corporation?

Larry Dubin is the Treasurer of Lake Champlain Islands Economic Development Corporation.


Official website here: www.champlainislands.com

What is the revenue of Lake Champlain Islands Economic Development Corporation?

Lake Champlain Islands Economic Development Corporation's revenue in 2022 was $141,921.


Official website here: www.champlainislands.com

Who are the executives of Lake Champlain Islands Economic Development Corporation and what are their salaries?


Here are 11 key members and their salaries:


Karen Mccloud (President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Dubin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Hayward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Farnham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Morrissette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Darby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Hanny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ember Boyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Julow (Executive Director (July - Dec))
  • Compensation: $27,692
  • Related: $0
  • Other: $0
Cheryl Potvin (Executive Director (Jan - Jul))
  • Compensation: $31,148
  • Related: $0
  • Other: $0


Official website here: www.champlainislands.com

Where can I find the form 990EZ for Lake Champlain Islands Economic Development Corporation?

Lake Champlain Islands Economic Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.champlainislands.com

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

Mission Statement of Lake Champlain Islands Economic Development Corporation

Lake Champlain Islands Economic Development Corporation, abbreviated as LCIEDC, is dedicated to delivering economic development services within Grand Isle County, Vermont. Their primary mission involves providing small business counseling, organizing free workshops, and offering training opportunities for the local workforce. Furthermore, LCIEDC plays a crucial role in connecting local businesses with both State and Federal resources. By offering these services, the corporation aims to stimulate economic growth and development within the community.

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Impact




October, 2024

Lake Champlain Islands Economic Development Corporation plays a vital role in driving economic growth and enhancing the quality of life in Grand Isle County, VT. By offering small business counseling, it empowers entrepreneurs with the knowledge and support needed to launch and sustain their ventures. The organization also provides free workshops and training, which are essential for developing a skilled local workforce, thereby increasing job opportunities and fostering economic stability.

Additionally, the corporation acts as a crucial link between local businesses and State and Federal resources, ensuring that entrepreneurs have access to the necessary funding and support programs to thrive. By focusing on community improvement, the Lake Champlain Islands Economic Development Corporation not only nurtures individual businesses but also contributes to the overall prosperity and resilience of the community in North Hero and the surrounding areas.




This information is meant to be a general summary of Lake Champlain Islands Economic Development Corporation. 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
$141,921 (2022)
Expenses
$153,510 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14
  • Program Service Revenue: $8,860
  • Gross Receipts: $141,921

Assets and Liabilities:

  • Total Assets: $166,766
  • Total Liabilities: $73,469
  • Net Assets: $93,297

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Organization Details

Principal Officer

Larry Dubin

Main Address

3501 US Route 2, North Hero, VT, 05474

NTEE Category

Code: S99 - Community improvement

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