Green Mountain Higher Education Consortium Inc

Organization Overview

Green Mountain Higher Education Consortium Inc is located in Shelburne, VT. The organization was established in 2016. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2021, Green Mountain Higher Education Consortium Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Mountain Higher Education Consortium 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, Green Mountain Higher Education Consortium Inc generated $6.4m in total revenue. All expenses for the organization totaled $6.1m during the year ending 06/2021. While expenses have increased by 101.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE AND FOSTER COLLABORATIVE OPPORTUNITIES BY SERVING AS AN AGENT FOR ECONOMIC AND EDUCATIONAL INITIATIVES THAT BRING VALUE TO ALL. THIS PARTNERSHIP IS DETERMINED TO FIND WAYS TO REDUCE ADMINISTRATIVE COSTS AND IMPROVE SERVICES COMMON TO ALL INSTITUTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMPLETION OF IMPLEMENTATION OF HUMAN RESOURCE MANAGEMENT SOFTWARE FOR AND WITH THE MEMBER INSTITUTIONS.


PROVIDING SUPPORT FOR HCM AND FINANCE SOFTWARE FOR THE MEMBER INSTITUTIONS.


IMPLEMENTING AND PROVIDING SHARED SERVICES (PAYROLL, ACCOUNTS PAYABLE, PROCUREMENT, AND BENEFITS) FOR THE MEMBER INSTITUTIONS.


PROVIDING EMPLOYEE WELLBEING PROGRAMMING FOR THE EMPLOYEES OF THE MEMBER INSTITUTIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lockstep Technology Group
Consulting
$220,229
Julie Dederer
Project Management
$157,613
John V Cleary
Consulting
$129,222
Mahendran Jawaharlal
Consulting
$167,602
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$6,064,014
Government grants $135,545
All other contributions, gifts, grants, and similar amounts not included above$10,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,209,559
Total Program Service Revenue$163,421
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 $6,372,980

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Green Mountain Higher Education Consortium Inc has recieved totaling $10,015.

Awarding OrganizationAmount
Davis Educational Foundation

Yarmouth, ME

PURPOSE: Risk Consultant to Support a Common Insurance Broker

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$15
View Grant Recipient Profile

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