Vermont Long Term Disaster Recovery Group Inc
- Assets
- $2.8m
- Revenue
- $626.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montpelier, VT
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 45-3660551
Organization Overview
Vermont Long Term Disaster Recovery Group Inc, operating under the name Vermont Disaster Recovery Fund, is located in Montpelier, VT. The organization was established in 2012. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Disaster Recovery Fund 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 12/2021, Vermont Disaster Recovery Fund generated $626.0 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 (49.1%) each year. All expenses for the organization totaled $46.8k during the year ending 12/2021. 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
DISASTER RECOVERY ASSISTANCE:THE VERMONT DISASTER RECOVERY FUNDS (VDRF) MISSION IS TO BE A FUND GRANTING SOURCE OF LAST RESORT TO HELP MEET THE UNMET LONG TERM RECOVERY NEEDS OF VERMONT INDIVIDUALS AND FAMILIES IMPACTED BY DISASTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VDRF WORKS WITH VOLUNTEERS, FEDERAL, STATE AND LOCAL OFFICIALS, AND OTHER NONPROFIT ORGANIZATIONS TO:1) COORDINATE LONG-TERM RECOVERY EFFORTS FOR VERMONT FAMILIES AND INDIVIDUALS THROUGHOUT THE STATE, BRINGING TOGETHER THE EFFORTS OF LOCAL AND REGIONAL DISASTER RECOVERY GROUPS,2) COORDINATE WITH LOCAL GOVERNMENTS AND DISASTER-RELATED ORGANIZATIONS WHICH PROVIDE CASE MANAGEMENT THROUGH LOCAL COMMUNITIES TO ASSIST INDIVIDUALS IMPACTED BY DISASTERS,3) ALLOCATE RESOURCES TO ASSIST SURVIVORS WHO NEED ASSISTANCE BEYOND WHAT THE FEDERAL EMERGENCY MANAGEMENT AGENCY, INSURANCE COMPANIES, AND LOCAL RECOVERY FUNDS CAN PROVIDE.THE GREAT MAJORITY OF RECOVERY GRANTS MADE ARE 1099-REPORTABLE PAYMENTS TO CONTRACTORS FOR APPROVED WORK ON DAMAGED HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samara Coble Chairperson | OfficerTrustee | 2 | $0 |
Mike Yantachka Treasurer | Officer | 3 | $0 |
John Kerr Officerbod Member | Trustee | 1 | $0 |
Siddhesh Mukerji Officerbod Member | Trustee | 1 | $0 |
Lauren Oates Officerbod Member | Trustee | 1 | $0 |
Maryellen Mendl Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $626 |
| 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 | $626 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $38,920 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,000 |
| Advertising and promotion | $0 |
| Office expenses | $759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $46,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,540 |
| Savings and temporary cash investments | $1,893 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,740,620 |
| Total assets | $2,764,053 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $671,436 |
| Net assets with donor restrictions | $2,092,617 |
| 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 | $2,764,053 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vermont Long Term Disaster Recovery Group Inc has recieved totaling $101,082.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $101,082 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Disaster Interfaith Services Inc New York, NY | $1,215,905 | $3,973,628 |
The Cantor Fitzgerald Relief Fund New York, NY | $15,461,041 | $7,931,714 |
Order Of Malta Worldwide Relief Malteser International Americas New York, NY | $6,306,407 | $9,070,949 |
Foot Locker Foundation Inc New York, NY | $2,631,002 | $5,090,961 |
Haiti Air Ambulance Service Inc Melville, NY | $5,771,221 | $4,102,528 |
Hatzalah Of The Rockaways & Nassau County Inc Far Rockaway, NY | $8,706,144 | $4,943,822 |
Tuesdays Children Manhasset, NY | $2,126,606 | $3,255,466 |
Humanity For Relief And Development Brooklyn, NY | $6,376,281 | $3,815,280 |
45th Parallel Emergency Medical Services Colebrook, NH | $1,117,840 | $1,751,146 |
Palms For Life Fund Inc Bronxville, NY | $826,731 | $2,374,215 |
Food 1st Foundation New York, NY | $718,381 | $1,796,967 |
Outright Vermont Burlington, VT | $2,515,058 | $1,394,598 |