Vital Communities Inc
- Assets
- $1.7m
- Revenue
- $3.0m
- Investments
- $26.0k
- Employees
- 22
- Location
- White River Junction, VT
- Founding
- 07/1998
- Data as of
- 06/2021
- EIN
- 03-0355283
Organization Overview
Vital Communities Inc is located in White River Junction, VT. The organization was established in 1998. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Vital Communities Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vital Communities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Vital Communities Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 19.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VITAL COMMUNITIES ENGAGES UPPER VALLEY PEOPLE, ORGANIZATIONS, AND COMMUNITIES TO CREATE EQUITABLE SOLUTIONS TO OUR REGION'S CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VALLEY FOOD & FARM- FOSTERS RELATIONSHIPS THAT MAKE LOCAL AGRICULTURE A VIBRANT PART OF DAILY COMMUNITY LIFE. INCLUDES UPPER VALLEY EVERYONE EATS. UPPER VALLEY EVERYONE EATS IS THE LOCAL HUB OF VERMONT EVERYONE EATS, THE STATEWIDE CORONAVIRUS RELIEF PROGRAM THAT PAYS VERMONT RESTAURANTS $10/MEAL TO PREPARE FREE, NUTRITIOUS MEALS TO VERMONTERS EXPERIENCING FOOD INSECURITY. THE PROGRAM ACCOMPLISHES THREE GOALS: PROVIDING A REVENUE STREAM TO HARD-HIT LOCAL RESTAURANTS, PROVIDING FOOD TO VERMONTERS IN NEED, AND SUPPORTING THE STATE'S LOCAL AGRICULTURAL ECONOMY, BY STIPULATING THAT AT LEAST 10% OF MEAL INGREDIENTS MUST BE SOURCED LOCALLY.
OUTREACH - PERFORMING OUTREACH ACTIVITIES IN THE LOCAL COMMUNITY TO PROMOTE THE PROGRAMS CARRIED OUT BY VITAL COMMUNITIES.
ENERGY - WORKS WITH CITIZENS, MUNICIPALITIES, AND PARTNERS TO CREATE AN ENERGY-INDEPENDENT UPPER VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Roberts Executive Director Thru 6/20 | Officer | 40 | $71,089 |
Sarah Jackson Executive Director Beg. 10/20 | Officer | 40 | $16,557 |
Sally Wilson Treasurer | OfficerTrustee | 1 | $0 |
Monique Priestley Vice Chair Thru 5/21, Then Chair | OfficerTrustee | 5 | $0 |
Benjamin J Nelson Member Thru 5/21, Then Secretary | OfficerTrustee | 5 | $0 |
Ronald Shaiko Chair Thru 5/21 | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $218,678 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,150,522 |
| Noncash contributions included in lines 1a–1f | $13,898 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,369,200 |
| Total Program Service Revenue | $1,581,066 |
| Investment income | $2,910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,954,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,900 |
| Grants and other assistance to domestic individuals. | $2,200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,520 |
| Compensation of current officers, directors, key employees. | $8,452 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $684,279 |
| Pension plan accruals and contributions | $16,100 |
| Other employee benefits | $89,564 |
| Payroll taxes | $55,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,480 |
| Fees for services: Accounting | $20,837 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,799 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,108 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,776 |
| Travel | $13,623 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,093 |
| Insurance | $0 |
| All other expenses | $28,630 |
| Total functional expenses | $2,499,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,201 |
| Savings and temporary cash investments | $1,141,340 |
| Pledges and grants receivable | $29,567 |
| Accounts receivable, net | $204,655 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $25,150 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,558 |
| Net Land, buildings, and equipment | $8,967 |
| Investments—publicly traded securities | $59,721 |
| Investments—other securities | $25,994 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,211 |
| Total assets | $1,663,364 |
| Accounts payable and accrued expenses | $136,521 |
| Grants payable | $0 |
| Deferred revenue | $34,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,787 |
| Total liabilities | $173,808 |
| Net assets without donor restrictions | $911,302 |
| Net assets with donor restrictions | $578,254 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,663,364 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vital Communities Inc has recieved totaling $127,514.
| Awarding Organization | Amount |
|---|---|
Alliance For Vermont Communities South Royalton, VT PURPOSE: TO FUND WRLC A FARMER-LED, COMMUNITY DRIVEN PROJECT THAT AIMS TO PROVIDE YOUNG FARMERS AFFORDABLE LAND AND HOUSING. | $112,514 |
Alliance For Vermont Communities South Royalton, VT PURPOSE: TO FUND THE 4 TOWN COALITION | $15,000 |
Endowment Analysis
| Beg. Balance | $68,328 |
| Earnings | $23,413 |
| Other Expense | $3,530 |
| Ending Balance | $88,211 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Inc Haverhill, MA | $8,979,922 | $19,940,316 |
The Promesa Housing Development Fund Corporation Bronx, NY | $39,360,301 | $8,538,986 |
Northwest Bronx Community And Clergy Coalition Inc Bronx, NY | $5,985,223 | $6,738,060 |
O D A Community Development Corp Brooklyn, NY | $670,721 | $3,199,814 |
Citizens Committee For New York City Inc New York, NY | $7,691,250 | $2,979,222 |
Warren-Hamilton Counties Action Committee For Economic Opportunity Glens Falls, NY | $823,409 | $2,609,574 |
Vital Communities Inc White River Junction, VT | $1,663,364 | $2,954,150 |
Polish American Citizens Association Of Cambridge Incorpora Danvers, MA | $0 | $0 |
Senior Citizens League Of Flatbush Inc Brooklyn, NY | $196,100 | $1,899,125 |
New York Rural Water Association Inc Claverack, NY | $4,491,129 | $2,430,923 |
Long Island Citizens Campaign Inc Dba Citizens Campaign For The Farmingdale, NY | $162,791 | $1,602,734 |
Adoptive And Foster Family Coalition Of New York Inc New Paltz, NY | $889,195 | $1,826,418 |