VERMONT SUSTAINABLE JOBS FUND INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
VERMONT SUSTAINABLE JOBS FUND INC (EIN 03-0349736)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-03-07
IRS object ID
201910669349300741
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-03-07T14:57:25-06:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN030280081PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JMM & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1336 WATER TOWER CIR STE 801AddressLine1Txt
CityCOLCHESTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05446ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030349736EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VERMONT SUSTAINABLE JOBS FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVERMBusinessNameControlTxt
Phone8028281260PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13 PITKIN COURT SUITE 301EAddressLine1Txt
CityMONTPELIERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05602ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELLEN KAHLERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8028285320PhoneNum
Signature2019-02-28SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRANDALL L SARGENT CPAPreparerPersonNm
PTINP00136499PTIN
Phone8026555665PhoneNum
Preparation2019-03-07PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.88.174.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-03-07IPDt
IP Tm14:57:25IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdB93AC70C31DAD525034B788864ABA0EAD35EC709AtSubmissionCreationDeviceId
At Submission Filing Device Id9BBA44C6CC3302089FEB233D051BC5EA9D16FD9BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerELLEN KAHLERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13 PITKIN COURT SUITE 301EAddressLine1Txt
CityMONTPELIERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,489,917GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VSJF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionTHE VERMONT SUSTAINABLE JOBS FUND (VSJF) IS A NON-PROFIT ORGANIZATION COMMITTED TO NURTURING THE SUSTAINABLE DEVELOPMENT OF VERMONT'S ECONOMY.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,040,659PYContributionsGrantsAmt
CY Contributions Grants$1,380,450CYContributionsGrantsAmt
PY Program Service Revenue$290,530PYProgramServiceRevenueAmt
CY Program Service Revenue$330,291CYProgramServiceRevenueAmt
PY Investment Income$181,336PYInvestmentIncomeAmt
CY Investment Income-$220,824CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,512,525PYTotalRevenueAmt
CY Total Revenue$1,489,917CYTotalRevenueAmt
PY Grants And Similar Paid$96,797PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$142,010CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$765,113PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$755,193CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,424CYTotalFundraisingExpenseAmt
PY Other Expenses$439,729PYOtherExpensesAmt
CY Other Expenses$684,540CYOtherExpensesAmt
PY Total Expenses$1,301,639PYTotalExpensesAmt
CY Total Expenses$1,581,743CYTotalExpensesAmt
PY Revenues Less Expenses$210,886PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$91,826CYRevenuesLessExpensesAmt
Total Assets BOY$1,774,130TotalAssetsBOYAmt
Total Assets EOY$1,804,308TotalAssetsEOYAmt
Total Liabilities BOY$94,869TotalLiabilitiesBOYAmt
Total Liabilities EOY$116,873TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,679,261NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,687,435NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE VERMONT SUSTAINABLE JOBS FUND (VSJF) IS A NON-PROFIT ORGANIZATION COMMITTED TO NURTURING THE SUSTAINABLE DEVELOPMENT OF VERMONT'S ECONOMY. VSJF PROVIDES BUSINESS ASSISTANCE, VALUE CHAIN FACILITATION, NETWORK DEVELOPMENT, AND STRATEGIC PLANNING IN AGRICULTURE AND FOOD SYSTEM, FOREST PRODUCT, WASTE MANAGEMENT, RENEWABLE ENERGY, AND ENVIRONMENTAL TECHNOLOGY SECTORS. LOCATED IN MONTPELIER, VERMONT, VSJF WAS CREATED BY THE VERMONT LEGISLATURE IN 1995 TO PARTNER WITH STATE GOVERNMENT, PRIVATE SECTOR BUSINESSES, AND NONPROFITS TO BUILD A THRIVING ECONOMIC, SOCIAL, AND ECOLOGICAL FUTURE FOR VERMONT.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$531,272ExpenseAmt
Grant$86,660GrantAmt
DescFARM TO PLATE IS VERMONT'S FOOD SYSTEM PLAN BEING IMPLEMENTED STATEWIDE TO INCREASE ECONOMIC DEVELOPMENT AND JOBS IN VERMONT'S FARM AND FOOD SECTOR AND IMPROVE ACCESS TO HEALTHY LOCAL FOOD FOR ALL VERMONTERS. THE TEN YEAR FARM TO PLATE STRATEGIC PLAN (2011-2020) TO CREATE A VIABLE, SUSTAINABLE, AND RESILIENT FOOD SYSTEM TO PRODUCE AND DISTRIBUTE OUR FOOD, IS BEING IMPLEMENTED BY THE FARM TO PLATE NETWORK-OVER 350 FARM AND FOOD SECTOR BUSINESSES, NON-PROFITS, INSTITUTIONS, AND GOVERNMENT AGENCIES FROM ACROSS THE STATE. FARM TO PLATE IS A PROGRAM THAT WAS INITIATED BY THE VERMONT LEGISLATURE IN 2009, AND IS ADMINISTERED BY THE VERMONT SUSTAINABLE JOBS FUND.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$376,149ExpenseAmt
Grant$50,000GrantAmt
DescTHE VERMONT SUSTAINABLE JOBS FUND LAUNCHED THE VERMONT FOREST PRODUCTS PROGRAM IN 2016 TO HELP SUPPORT AND PROMOTE VERMONT'S FOREST PRODUCTS INDUSTRY THROUGH THE DEVELOPMENT OF VALUE CHAIN INVESTMENT STRATEGIES TO IMPROVE MARKET OPPORTUNITIES FOR THE INDUSTRY. THE PROGRAM IS A COLLABORATIVE PARTNERSHIP BETWEEN THE VERMONT SUSTAINABLE JOBS FUND, THE VERMONT WORKING LANDS ENTERPRISE INITIATIVE, AND THE NORTHERN FOREST CENTER.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$264,153ExpenseAmt
DescTHE VERMONT SUSTAINABLE JOBS FUND'S BUSINESS ASSISTANCE PROGRAM SERVES CLIENTS CONNECTED TO AGRICULTURE AND FOOD SYSTEM, FOREST PRODUCT, WASTE MANAGEMENT, RENEWABLE ENERGY, AND ENVIRONMENTAL TECHNOLOGY SECTORS. WE PROVIDE TAILORED, HIGH-TOUCH PLANNING, COACHING, AND ADVISING FOR BUSINESS OWNERS AND THEIR MANAGEMENT TEAMS TO ADVANCE PROFITABILITY, JOB CREATION, AND SUSTAINABLE BUSINESS DEVELOPMENT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$116,215ExpenseAmt
Grant$5,350GrantAmt
DescIN 2017, THE VERMONT SUSTAINABLE JOBS FUND LAUNCHED ITS ACCEL-VT PROGRAM WHICH INVITES STARTUP OR SEED STAGE VENTURES FROM VERMONT AND AROUND THE U.S. AND CANADA TO APPLY FOR ITS CLIMATE ECONOMY BUSINESS ACCELERATOR. ACCEL-VT SPARKS ACCELERATED BUSINESS GROWTH TO SUPPORT THE EXPANDING CLUSTER OF ENTREPRENEURS COMMITTED TO CLIMATE ECONOMY INNOVATION. THE FLEXIBLE CAPITAL FUND, L3C (FLEX FUND) IS A MISSION-BASED, FOR PROFIT INVESTMENT FUND LAUNCHED IN 2011 THAT PROVIDES FLEXIBLE RISK CAPITAL TO INNOVATIVE GROWTH STAGE COMPANIES IN VERMONT'S FOOD SYSTEM, FORESTRY AND CLEAN TECHNOLOGY SECTORS. THE VERMONT SUSTAINABLE JOBS FUND SERVES AS THE FLEX FUND'S MANAGER, AND THROUGH CONTRACTUAL ARRANGEMENT PROVIDES FUND MANAGEMENT SERVICES AND ADMINISTRATIVE SUPPORT TO THE FLEX FUND ON A FEE FOR SERVICE BASIS. DECISION-MAKING AUTHORITY AND GOVERNANCE FOR THE FLEX FUND IS DONE SOLELY THROUGH THE FLEX FUND'S BOARD OF MANAGERS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$116,215TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$5,350TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$1,287,789TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee13EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (true)WrittenPolicyOrProcedureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonANTHONY MENNONAPersonNm
Phone8028281260PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13 PITKIN COURT SUITE 301EAddressLine1Txt
CityMONTPELIERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05602ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ANDREA COHEN
CHAIR1.00Yes (X)Yes (X)$0$0$0
WILL STEVENS
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
ROBIN SCHEU
SECRETARY/TR1.00Yes (X)Yes (X)$0$0$0
TED BRADY
DIRECTOR1.00Yes (X)$0$0$0
SARA GILBERT
DIRECTOR1.00Yes (X)$0$0$0
NATE HAUSMAN
DIRECTOR1.00Yes (X)$0$0$0
ALLISON HOOPER
DIRECTOR1.00Yes (X)$0$0$0
SHELLY MARTIN SEVERINGHAUS
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM BILL MURRAY
DIRECTOR1.00Yes (X)$0$0$0
NICK RICHARDSON
DIRECTOR1.00Yes (X)$0$0$0
ANSON TEBBETTS
DIRECTOR1.00Yes (X)$0$0$0
ELLEN KAHLER
EXECUTIVE DI40.00Yes (X)$95,008$0$11,011
FieldValueIRS element (for citing)
Total Reportable Comp From Org$95,008TotalReportableCompFromOrgAmt
Total Other Compensation$11,011TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$580,543GovernmentGrantsAmt
All Other Contributions$799,907AllOtherContributionsAmt
Total Contributions$1,380,450TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES FOR SERVICE541900$291,016$291,016
FARM TO PLATE GATHERING541900$39,275$39,275
FieldValueIRS element (for citing)
Total Program Service Revenue$330,291TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column-$220,824TotalRevenueColumnAmt
Related Or Exempt Func Income-$220,824RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,489,917TotalRevenueColumnAmt
Related Or Exempt Func Income$109,467RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$142,010TotalAmt
Program Services$142,010ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$108,771TotalAmt
Program Services$58,736ProgramServicesAmt
Management And General$45,684ManagementAndGeneralAmt
Fundraising$4,351FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$538,291TotalAmt
Program Services$435,111ProgramServicesAmt
Management And General$102,522ManagementAndGeneralAmt
Fundraising$658FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$9,591TotalAmt
Program Services$7,253ProgramServicesAmt
Management And General$2,338ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$47,816TotalAmt
Program Services$35,153ProgramServicesAmt
Management And General$12,621ManagementAndGeneralAmt
Fundraising$42FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$50,724TotalAmt
Program Services$39,034ProgramServicesAmt
Management And General$11,331ManagementAndGeneralAmt
Fundraising$359FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,091TotalAmt
Program Services$2,109ProgramServicesAmt
Management And General$982ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,300TotalAmt
Management And General$10,300ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$1,500TotalAmt
Program Services$1,500ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$275,300TotalAmt
Program Services$254,491ProgramServicesAmt
Management And General$20,809ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$21,126TotalAmt
Program Services$15,374ProgramServicesAmt
Management And General$5,752ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$85,951TotalAmt
Program Services$73,886ProgramServicesAmt
Management And General$12,065ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$18,844TotalAmt
Program Services$7,796ProgramServicesAmt
Management And General$11,048ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$40,220TotalAmt
Program Services$2,880ProgramServicesAmt
Management And General$37,340ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$90,266TotalAmt
Program Services$89,239ProgramServicesAmt
Management And General$1,013ManagementAndGeneralAmt
Fundraising$14FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$122,364TotalAmt
Program Services$116,852ProgramServicesAmt
Management And General$5,512ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,112TotalAmt
Management And General$4,112ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,101TotalAmt
Management And General$5,101ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPROVISION FOR BAD DEBTSDesc
Total$6,365TotalAmt
Program Services$6,365ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,581,743TotalAmt
Program Services$1,287,789ProgramServicesAmt
Management And General$288,530ManagementAndGeneralAmt
Fundraising$5,424FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$240,026BOYAmt
EOY$246,000EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$337,915BOYAmt
EOY$486,599EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$260,828BOYAmt
EOY$374,247EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,484BOYAmt
EOY$21,433EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$83,176LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$33,825LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,009BOYAmt
EOY$49,351EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$905,868BOYAmt
EOY$626,678EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,774,130BOYAmt
EOY$1,804,308EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$57,029BOYAmt
EOY$106,229EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$37,840BOYAmt
EOY$10,644EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$94,869BOYAmt
EOY$116,873EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,093,511BOYAmt
EOY$929,597EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$585,750BOYAmt
EOY$757,838EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,679,261BOYAmt
EOY$1,687,435EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,774,130BOYAmt
EOY$1,804,308EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$91,826ReconcilationRevenueExpnssAmt
Prior Period Adjustments$100,000PriorPeriodAdjustmentsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,486,974CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,403,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,500,527CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,040,659CurrentTaxYearMinus1YearAmt
Current Tax Year$1,380,450CurrentTaxYearAmt
Total$6,811,860TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,486,974CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,403,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,500,527CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,040,659CurrentTaxYearMinus1YearAmt
Current Tax Year$1,380,450CurrentTaxYearAmt
Total$6,811,860TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,037,954SubstantialContributorsTotAmt
Public Support Total170$5,773,906PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,276CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$391,937CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$15,019CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$181,336CurrentTaxYearMinus1YearAmt
Current Tax Year-$220,824CurrentTaxYearAmt
Total$346,706TotalAmt
FieldValueIRS element (for citing)
Total Support$7,158,566TotalSupportAmt
Gross Receipts Rltd Activities$1,083,776GrossReceiptsRltdActivitiesAmt
Public Support CY1700.80660PublicSupportCY170Pct
Public Support PY1700.84500PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsYes (true)GrantsOtherOrganizationsInd
Grants Other Organizations$1,500GrantsOtherOrganizationsAmt
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$1,500TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART II-B, LINE 1FormAndLineReferenceDesc
ExplanationVSJF CONTRIBUTED FUNDS TO THE WORKING LANDS PARTNERSHIP (ALONG WITH 8-10 OTHER NON-PROFIT ORGANIZATIONS) TO ADVOCATE FOR INCREASED FUNDING FOR THE WORKING LANDS ENTERPRISE FUND.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,632OtherCostOrOtherBasisAmt
Depreciation$11,079DepreciationAmt
Book Value$3,553BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$32,126OtherCostOrOtherBasisAmt
Depreciation$22,746DepreciationAmt
Book Value$9,380BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,418OtherCostOrOtherBasisAmt
Book Value$36,418BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$49,351TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN FLEX FUNDDesc
Book Value$626,678BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$626,678TotalBookValueProgramRltdAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,489,917TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$1,489,917RevenueSubtotalAmt
Total Revenue Per Form990$1,489,917TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,581,743TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,581,743ExpensesSubtotalAmt
Total Expenses Per Form990$1,581,743TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
FARM TO PLATE CHAIRS
3 PITKIN COURT SUITE 301EMONTPELIERVT05602030349736$66,072CASHF2P ASSISTANCE
GREEN MOUNTAIN FARM TO SCHOOL
115 2ND STREETNEWPORTVT05855412273707$10,000CASHF2P NETWORK501
FOOD CONNECTS
45 FARMHOUSE SQUAREBRATTLEBOROVT05301462372533$10,588CASHF2P NETWORK501
EMRGY INC
75 5TH STREET NW SUITE 2020ATLANTAGA30308471225505$25,000CASHACCEL-VT ACCELERATOR
AF MENSAH
1 NORTH JOHNSTON AVE SUITE 208HAMILTONNJ08609461573609$25,000CASHACCEL-VT ACCELERATOR
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationA FILE IS MAINTAINED FOR EACH GRANTEE CONTAINING ALL GRANT DOCUMENTS. VSJF STAFF CONTACTS THE GRANTEE ON A REGULAR BASIS TO MONITOR PROGRESS OF THE GRANT'S OBJECTIVES. FOR ALL SIGNIFICANT GRANTS, VSJF STAFF VISIT THE SITE TO FURTHER MONITOR PERFORMANCE. THE GRANTEE IS REQUIRED TO PROVIDE A REPORT TO VSJF AT THE END OF THE GRANT TERM AND VSJF FOLLOWS UP WITH THE GRANTEE TO EVALUATE THE PROGRESS.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonVSJF FLEXIBLE CAPITAL FUND L3CPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDIRECTORSRelationshipDescriptionTxt
Transaction$105,000TransactionAmt
TransactionMANAGEMENT FEETransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE VERMONT SUSTAINABLE JOBS FUND (VSJF) IS A NON-PROFIT ORGANIZATION COMMITTED TO NURTURING THE SUSTAINABLE DEVELOPMENT OF VERMONT'S ECONOMY. VSJF PROVIDES BUSINESS ASSISTANCE, VALUE CHAIN FACILITATION, NETWORK DEVELOPMENT, AND STRATEGIC PLANNING IN AGRICULTURE AND FOOD SYSTEM, FOREST PRODUCT, WASTE MANAGEMENT, RENEWABLE ENERGY, AND ENVIRONMENTAL TECHNOLOGY SECTORS. LOCATED IN MONTPELIER, VERMONT, VSJF WAS CREATED BY THE VERMONT LEGISLATURE IN 1995 TO PARTNER WITH STATE GOVERNMENT, PRIVATE SECTOR BUSINESSES, AND NONPROFITS TO BUILD A THRIVING ECONOMIC, SOCIAL, AND ECOLOGICAL FUTURE FOR VERMONT.
FORM 990, PAGE 2, PART III, LINE 4DIN 2017, THE VERMONT SUSTAINABLE JOBS FUND LAUNCHED ITS ACCEL-VT PROGRAM WHICH INVITES STARTUP OR SEED STAGE VENTURES FROM VERMONT AND AROUND THE U.S. AND CANADA TO APPLY FOR ITS CLIMATE ECONOMY BUSINESS ACCELERATOR. ACCEL-VT SPARKS ACCELERATED BUSINESS GROWTH TO SUPPORT THE EXPANDING CLUSTER OF ENTREPRENEURS COMMITTED TO CLIMATE ECONOMY INNOVATION. THE FLEXIBLE CAPITAL FUND, L3C (FLEX FUND) IS A MISSION-BASED, FOR PROFIT INVESTMENT FUND LAUNCHED IN 2011 THAT PROVIDES FLEXIBLE RISK CAPITAL TO INNOVATIVE GROWTH STAGE COMPANIES IN VERMONT'S FOOD SYSTEM, FORESTRY AND CLEAN TECHNOLOGY SECTORS. THE VERMONT SUSTAINABLE JOBS FUND SERVES AS THE FLEX FUND'S MANAGER, AND THROUGH CONTRACTUAL ARRANGEMENT PROVIDES FUND MANAGEMENT SERVICES AND ADMINISTRATIVE SUPPORT TO THE FLEX FUND ON A FEE FOR SERVICE BASIS. DECISION-MAKING AUTHORITY AND GOVERNANCE FOR THE FLEX FUND IS DONE SOLELY THROUGH THE FLEX FUND'S BOARD OF MANAGERS.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS RECEIVES A DRAFT COPY OF THE FORM 990 PRIOR TO IT BEING FILED AND REVIEWS IT FOR ACCURACY. THE FULL BOARD OF DIRECTORS IS NOTIFIED THAT, IF THEY WOULD LIKE TO REVIEW A COPY OF FORM 990 ONCE FILED, IT IS AVAILABLE TO THEM.
FORM 990, PAGE 6, PART VI, LINE 12CBOARD OF DIRECTORS AND STAFF REVIEW CONFLICT OF INTEREST POLICY ANNUALLY AND COMPLETE AN ANNUAL SURVEY FORM. ONCE THE FORMS ARE COMPLETED, THE EXECUTIVE DIRECTOR REVIEWS THEM FOR POTENTIAL CONFLICTS.
FORM 990, PAGE 6, PART VI, LINE 15AA COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, WHICH IS CHAIRED BY THE CHAIR OF THE BOARD, CONDUCTS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE. WRITTEN EVALUATIONS OF THE EXECUTIVE DIRECTOR'S PERFORMANCE ARE SOLICITED FROM THE EXECUTIVE DIRECTOR, ALL STAFF MEMBERS AND ALL BOARD MEMBERS. THESE REVIEWS ARE THEN AGGREGATED AND TALLIED. THE COMPENSATION COMMITTEE THEN CONSIDERS WHETHER THE EXECUTIVE DIRECTOR'S PERFORMANCE MERITS A SIMPLE COST OF LIVING ADJUSTMENT AND/OR SOME MERIT INCREASE. THE COMMITTEE ALSO CONSIDERS WHAT THE BUDGET FOR THE NEW FISCAL YEAR CAN ACCOMMODATE AND WHAT THE SALARY LEVELS WILL BE IN THE NEW FISCAL YEAR FOR THE OTHER STAFF MEMBERS TO ENSURE ADEQUATE SPACING BETWEEN THE EXECUTIVE DIRECTOR AND THE NEXT HIGHEST PAID EMPLOYEE. IN FY17 THE COMPENSATION COMMITTEE REVIEWED THE E.D.'S CURRENT SALARY IN COMPARISON WITH OTHER STATE OFFICIALS AND E.D.'S OF OTHER ORGANIZATIONS OF COMPARABLE SIZE AND LEVEL OF RESPONSIBILITY.
FORM 990, PAGE 6, PART VI, LINE 19THE FORM 990 IS POSTED TO GUIDESTAR.ORG AND OTHER DOCUMENTS ARE PROVIDED UPON REQUEST.
FORM 990, PART IX, LINE 11GSUSTAINABLE AGRICULTURE 104,749 0 0 BUSINESS ASSISTANCE 59,462 0 0 FOREST PRODUCTS 86,261 0 0 OTHER 4,019 20,809 0 TOTAL 254,491 20,809 0

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1VSJF FLEXIBLE CAPITAL FUND L3CBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13 PITKIN COURT SUITE 301EAddressLine1Txt
CityMONTPELIERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05602ZIPCd
FieldValueIRS element (for citing)
EIN273708251EIN
Primary ActivitiesLENDINGPrimaryActivitiesTxt
Legal Domicile StateVTLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1VSJFBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRELATEDPredominantIncomeTypeTxt
Share Of Total Income-$222,373ShareOfTotalIncomeAmt
Share Of EOY Assets$626,678ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerYes (true)GeneralOrManagingPartnerInd
Ownership0.42150OwnershipPct
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
VSJF FLEXIBLE CAPITAL FUND L3C
L$156,008ACTUAL COST
VSJF FLEXIBLE CAPITAL FUND L3C
C$56,817CASH RECEIVED

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.