Vermont Professionals Of Color Network
- Assets
- $175.3k
- Revenue
- $332.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- Data as of
- 09/2021
- EIN
- 86-2667055
Organization Overview
Vermont Professionals Of Color Network is located in Burlington, VT. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Professionals Of Color Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VERMONT PROFESSIONALS OF COLOR NETWORK (VT POC) EXISTS TO ADVANCE NETWORKING AND CAREER DEVELOPMENT OPPORTUNITIES FOR ITS MEMBERS, TO INCREASE CIVIC ENGAGEMENT, TO GROW GENERATIONS OF BLACK, INDIGENOUS AND PEOPLE OF COLOR (BIPOC) LEADERS TO JOIN THE RANKS OF LEADERSHIP AND MANAGEMENT, AND TO ECONOMICALLY EMPOWER BIPOC ORGANIZATIONS, BUSINESSES AND ENTREPRENEURS IN THE STATE OF VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES NETWORKING EVENTS TO ALL MEMBERS WHO IDENTIFY AS BIPOC TO ENGAGE AND SUPPORT ONE ANOTHER. THEY ALSO PROVIDE MENTORING AND EDUCATION SESSIONS FOR PERSONAL AND PROFESSIONAL GROWTH. AS WELL AS PROVIDING VISIBILITY AND ADVOCACY TO ENSURE BIPOC VOICES ARE HEARD AND INCLUDED IN PLANNING AND POLICY MAKING ACROSS THE STATE. THERE WAS AN INITIATIVE AND MARKETING CAMPAIGN TO ORGANIZE AND PROMOTE BIPOC COVID-19 VACCINE CLINICS WHICH HELPED INCREASE AWARENESS AND THE VACCINATION RATE. THERE WAS A FINANCIAL LITERACY PANEL OF FOUR FINANCIAL EXPERTS RANGING FROM MORTGAGE FINANCING, PERSONAL FINANCING, INVESTMENTS, AND STUDENT LOANS. THEY SPOKE WITH 34 MEMBERS ACROSS THE STATE TO PROVIDE INFORMATION AND ANSWER QUESTIONS. EACH MEMBER WAS ABLE TO ATTEND TWO 20 MINUTE Q&A SESSIONS OVER THE COURSE OF THE PANEL SESSION.THE AUGUST KICK BACK WAS THE FIRST OF AN ANNUAL EVENT THE ORGANIZATION WILL BE HOLDING TO CELEBRATE SUMMERTIME AND COMMUNITY. ABOUT 80 INDIVIDUALS ATTENDED THIS EVENT TO ENJOY COMMUNITY, THE OUTDOORS AND TO HEAR FROM OTHER COMMUNITY MEMBERS ABOUT WHAT BEING BIPOC MEANS TO THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Weiwei Wang Dir. Operations | OfficerTrustee | 40 | $0 |
Phet Keomanyvanh Executive Dir. | Officer | 8 | $0 |
Tinotenda Rutanhira Chairman | Trustee | 10 | $0 |
Belan Antensaye Board Member | Trustee | 0.25 | $0 |
Luis Calderin Board Member | Trustee | 0.25 | $0 |
Beth Awhaitey Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,016 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,573 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| 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 | $332,579 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $56,820 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $203 |
| Payroll taxes | $4,875 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,318 |
| Advertising and promotion | $69,040 |
| Office expenses | $1,582 |
| Information technology | $12,690 |
| 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 | $4,758 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,069 |
| All other expenses | $0 |
| Total functional expenses | $165,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,586 |
| Savings and temporary cash investments | $23,739 |
| 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 | $0 |
| Total assets | $175,325 |
| Accounts payable and accrued expenses | $7,784 |
| 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 | $892 |
| Total liabilities | $8,676 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $166,649 |
| Total liabilities and net assets/fund balances | $175,325 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Vermont Professionals Of Color Network has recieved totaling $130,000.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $80,000 |
Impactassets Inc Bethesda, MD PURPOSE: BIPOC GRANT WORKSHOP SERIES | $25,000 |
J Warren & Lois Mcclure Foundation Inc Middlebury, VT PURPOSE: FOR GENERAL OPERATING SUPPORT VIA THREE PAYMENTS OF $5,000 SCHEDULED FOR JANUARY 2022, JANUARY 2023, AND JANUARY 2024. | $15,000 |
United Way Of Northwest Vermont Inc South Burlington, VT | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
New Hampshire Catholic Charities Inc Manchester, NH | $140,545,315 | $96,098,300 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |