American Council Of Engineering Companies Of Vermont Inc is located in Montpelier, VT. The organization was established in 2016. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. American Council Of Engineering Companies Of Vermont 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 06/2023, American Council Of Engineering Companies Of Vermont Inc generated $92.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $97.8k during the year ending 06/2023. While expenses have increased by 1.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ACEC/VT ACTIVITIES INCLUDE: -QUALIFICATIONS BASED SELECTION (QBS FOR PROCURING ENGINEERING SERVICES) -PARTICIPATING IN LEGISLATIVE AND GOVERNMENT POLICY ISSUES -LIAISON WITH STATE AND LOCAL AGENCIES; ACEC/VT MAINTAINS CLOSE CONTACT WITH STATE AND LOCAL AGENCIES THROUGH COMMITTEES THAT MEET ON A REGULAR BASIS -MAINTAINING STRONG LINKS WITH VERMONT'S COLLEGES TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR VERMONT'S FUTURE ENGINEERING INDUSTRY LEADERS -SPONSOR SEMINARS, CONFERENCES AND WORKSHOPS; OUR ANNUAL MEETING, MONTHLY MEMBERSHIP MEETINGS, AND SEMINARS GIVE MEMBERS OF THE PROFESSION AN OPPORTUNITY TO COME TOGETHER AND DISCUSS COMMON MATTERS OF CONCERN AND SHARE VALUABLE INFORMATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brendan Cosgrove Executive Direction | 40 | $0 | |
Dale Gozalkowski Immediate Past President | 1 | $0 | |
Patricia Shedd At Large Board Member | 1 | $0 | |
Greg Goyette Vice President | 1 | $0 | |
Brian Beaudoin President | 1 | $0 | |
Aaron Guyette At Large Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,183 |
| Membership dues | $40,718 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,901 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $12,828 |
| Salaries, other compensation, and employee benefits | $70,200 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,375 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,432 |
| Total expenses | $97,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,010 |
| Other assets | $0 |
| Total assets | $22,010 |
| Total liabilities | $10,721 |
| Net assets or fund balances | $11,289 |