Burlington Business Association Inc

Organization Overview

Burlington Business Association Inc is located in Burlington, VT. The organization was established in 1978. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Burlington Business Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burlington Business Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Burlington Business Association Inc generated $278.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $299.5k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND PROMOTE THE ECONOMIC VITALITY OF BURLINGTON, VT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING SUPPORT AND NETWORKING OPPORTUNITIES FOR ITS MEMBER ORGANIZATIONS THROUGH ANNUAL RECOGNITION, MEETING AND MEMBER SOCIALS, AS WELL AS ADVOCATING ON ITS MEMBERS' BEHALF.


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Board, Officers & Key Employees

Name (title)Compensation
Kelly Devine
Executive Di
$121,915
Shireen Hart
Chair
$0
Leslee Mackenzie
Vice Chair
$0
Russ Scully
Secretary
$0
Chelsea Condos
Treasurer
$0
Afi Ahmadi
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $47,050
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$47,050
Total Program Service Revenue$227,048
Investment income $329
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $4,487
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $278,914

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