Stowe Community Fund Inc
- Assets
- $220.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stowe, VT
- Founding
- Data as of
- 12/2023
- EIN
- 88-1283210
Organization Overview
Stowe Community Fund Inc is located in Stowe, VT. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Stowe Community Fund 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 12/2023, Stowe Community Fund Inc generated $155.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $121.6k during the year ending 12/2023. 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 Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE FOR ALL WHO LIVE AND WORK IN STOWE THROUGH THE PROMISE AND POWER OF PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3
COMMUNITY FUNDRAISING FOR A KNOWN COMMUNITY MEMBER IN NEED OF TEMPORARY ASSISTANCE AS A RESULT OF AN UNEXPECTED CRISIS REACTIONARY.
COMMUNITY FUNDRAISING FOR COMMUNITY MEMBERS IN NEED OF TEMPORARY ASSISTANCE AS A RESULT OF AN UNEXPECTED CRISIS ANTICIPATORY.
OPERATING EXPENSES AND FEES PAID FOR SCF INCLUDING QUICKBOOKS DIRECTORS & OFFICERS INSURANCE CHECKS AND MARKETING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Pelletier Co-Chair Of The Board | 8 | $0 | |
Jeff Clarke Co-Chair Of The Board | 8 | $0 | |
Candace Elmquist Treasurer Of The Board | 6 | $0 | |
Amy Farley Secretary Of The Board | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,480 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18,570 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,050 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,726 |
| Total expenses | $121,628 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220,940 |
| Other assets | $0 |
| Total assets | $220,940 |
| Total liabilities | $0 |
| Net assets or fund balances | $220,940 |