Vermont Beef Industry Council Inc
- Assets
- $30.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridport, VT
- Founding
- 07/1991
- Data as of
- 09/2022
- EIN
- 03-0308975
Organization Overview
Vermont Beef Industry Council Inc is located in Bridport, VT. The organization was established in 1991. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Beef Industry Council Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, Vermont Beef Industry Council Inc generated $84.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $81.9k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elliot R Morgan Executive Director | 25 | $18,156 | |
Charles Mason Chairman | 1 | $0 | |
Jack Parent Vice Chairman | 1 | $0 | |
Nelson Lamson Secretary/treasurer | 1 | $0 | |
Andrew Wright Director | 1 | $0 | |
Kinley Hartman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $84,298 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,307 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,964 |
| Professional fees and other payments to independent contractors | $3,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $6,761 |
| Total expenses | $81,865 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,415 |
| Other assets | $0 |
| Total assets | $30,430 |
| Total liabilities | $4,938 |
| Net assets or fund balances | $25,492 |