VERMONT SUSTAINABLE JOBS FUND INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
VERMONT SUSTAINABLE JOBS FUND INC (EIN 03-0349736)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202513219349314311
Schema version
2024v5.0
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)
Return2025-11-17T15:00:57-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Line1463 MOUNTAIN VIEW DR STE 403AddressLine1Txt
CityCOLCHESTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05446ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRANDALL L SARGENT CPAPreparerPersonNm
PTINP00136499PTIN
Phone8026555665PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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
ZIP05602ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,713,808GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VSJF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionWE NURTURE THE ECONOMIC PROSPERITY, ECOLOGICAL HEALTH, AND SOCIAL CONNECTIVITY OF PEOPLE, BUSINESSES, ORGANIZATIONS AND COMMUNITIES IN VERMONT FOR THE BENEFIT AND WELL-BEING OF ALL WHO LIVE HERE.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,800,943PYContributionsGrantsAmt
CY Contributions Grants$2,649,429CYContributionsGrantsAmt
PY Program Service Revenue$258,007PYProgramServiceRevenueAmt
CY Program Service Revenue$193,560CYProgramServiceRevenueAmt
PY Investment Income-$18,159PYInvestmentIncomeAmt
CY Investment Income-$129,181CYInvestmentIncomeAmt
PY Other Revenue$238PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,041,029PYTotalRevenueAmt
CY Total Revenue$2,713,808CYTotalRevenueAmt
PY Grants And Similar Paid$110,225PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$363,850CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,296,455PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,441,897CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$79,016CYTotalFundraisingExpenseAmt
PY Other Expenses$1,457,874PYOtherExpensesAmt
CY Other Expenses$1,158,828CYOtherExpensesAmt
PY Total Expenses$2,864,554PYTotalExpensesAmt
CY Total Expenses$2,964,575CYTotalExpensesAmt
PY Revenues Less Expenses$176,475PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$250,767CYRevenuesLessExpensesAmt
Total Assets BOY$3,662,814TotalAssetsBOYAmt
Total Assets EOY$3,727,617TotalAssetsEOYAmt
Total Liabilities BOY$514,984TotalLiabilitiesBOYAmt
Total Liabilities EOY$895,968TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,147,830NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,831,649NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWE NURTURE THE ECONOMIC PROSPERITY, ECOLOGICAL HEALTH, AND SOCIAL CONNECTIVITY OF PEOPLE, BUSINESSES, ORGANIZATIONS AND COMMUNITIES IN VERMONT FOR THE BENEFIT AND WELL-BEING OF ALL WHO LIVE HERE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,157,477ExpenseAmt
Grant$325,500GrantAmt
Revenue$39,710RevenueAmt
DescTHE VERMONT SUSTAINABLE JOBS FUND (VSJF) WAS DESIGNATED BY THE VERMONT LEGISLATURE IN 2009 TO SERVE AS THE ADMINISTRATOR OF THE FARM TO PLATE INVESTMENT PROGRAM, WITH THE AIM OF STRENGTHENING VERMONT'S FOOD SYSTEM OVER TEN YEARS. IN 2019, THE LEGISLATURE REAUTHORIZED ANOTHER TEN YEARS OF THE FARM TO PLATE INVESTMENT PROGRAM TO: INCREASE SUSTAINABLE ECONOMIC DEVELOPMENT AND CREATE JOBS IN VERMONT'S FOOD AND FARM SECTOR; 2. IMPROVE SOILS, WATER, AND RESILIENCY OF THE WORKING LANDSCAPE IN THE FACE OF CLIMATE CHANGE; AND 3. IMPROVE ACCESS TO HEALTHY LOCAL FOODS FOR ALL VERMONTERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$507,492ExpenseAmt
Grant$25,000GrantAmt
Revenue$23,078RevenueAmt
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 Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$191,468ExpenseAmt
DescTHE VERMONT SUSTAINABLE JOBS FUND'S FOREST PRODUCTS PROGRAM SUPPORTS AND PROMOTES VERMONT'S FOREST PRODUCTS INDUSTRY THROUGH THE DEVELOPMENT OF VALUE CHAIN INVESTMENT STRATEGIES AND A COMMUNICATIONS STRATEGY TO IMPROVE MARKET OPPORTUNITIES FOR THE INDUSTRY. THE PROGRAM IS A COLLABORATIVE PARTNERSHIP BETWEEN THE VERMONT SUSTAINABLE JOBS FUND AND THE VERMONT WORKING LANDS ENTERPRISE INITIATIVE CENTER.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$585,704ExpenseAmt
Grant$13,350GrantAmt
Revenue$130,772RevenueAmt
DescTHE DELTACLIMEVT BUSINESS ACCELERATOR IS A VERMONT-BASED PROGRAM SERVING STARTUP AND SEED-STAGE VENTURES FOCUSING ON CLIMATE ECONOMY INNOVATION ACROSS MULTIPLE INDUSTRIES. OUR THREE IMMERSIVE SPRINTS HELP COMPANIES REFINE THEIR VISION, SOLIDIFY THEIR STRATEGY, AND ENABLE RAPID GROWTH. PARTICIPANTS GRADUATE WITH IMPROVED BUSINESS PLANS, NEW TOOLS TO ATTRACT INVESTORS, AND THE POTENTIAL TO GROW THEIR BUSINESS OPPORTUNITIES IN VERMONT AND BEYOND. THE VSJF 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$585,704TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$13,350TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$130,772TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,442,141TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
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 With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
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 Document32IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee25EmployeeCnt
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
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 BodyfalseForm990ProvidedToGvrnBodyInd
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 (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ELLEN KAHLER
EXECUTIVE DI40.00Yes (X)$128,344$0$15,523
SHELLY SEVERINGHAUS
CHAIR1.00Yes (X)$0$0$0Yes (X)
ADITI DATTA
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
NOELLE MACKAY
SECRETARY/TR1.00Yes (X)$0$0$0Yes (X)
DIANE ABRUZZINI-RIGGS
DIRECTOR1.00$0$0$0Yes (X)
JEAN HAMILTON
DIRECTOR1.00$0$0$0Yes (X)
MAUREEN HEBERT
DIRECTOR1.00$0$0$0Yes (X)
KEN LINGE
DIRECTOR1.00$0$0$0Yes (X)
BRODIE O'BRIEN
DIRECTOR1.00$0$0$0Yes (X)
TAYT BROOKS
DIRECTOR1.00$0$0$0Yes (X)
ANSON TEBBETTS
DIRECTOR1.00$0$0$0Yes (X)
AMANDA WHEELER
DIRECTOR1.00$0$0$0Yes (X)
NATE HAUSMAN LEFT JUNE 2024
DIRECTOR1.00$0$0$0Yes (X)
LAURA SIBILIA LEFT JUNE 2024
DIRECTOR1.00$0$0$0Yes (X)
ANDREA COHEN LEFT JUNE 2024
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$128,344TotalReportableCompFromOrgAmt
Total Other Compensation$15,523TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonVERMONT CATTLEMEN LLCPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 215 238 TATTLE STREETAddressLine1Txt
CityREADINGCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05062ZIPCd
FieldValueIRS element (for citing)
ServicesCONSULTINGServicesDesc
Compensation$155,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$1,263,620GovernmentGrantsAmt
All Other Contributions$1,385,809AllOtherContributionsAmt
Noncash Contributions$10,042NoncashContributionsAmt
Total Contributions$2,649,429TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES FOR SERVICE541900$153,850$153,850
FARM TO PLATE GATHERING541900$35,979$35,979
EVENT REGISTRATIONS541900$3,731$3,731
FieldValueIRS element (for citing)
Total Program Service Revenue$193,560TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column-$129,181TotalRevenueColumnAmt
Related Or Exempt Func Income-$129,181RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,713,808TotalRevenueColumnAmt
Related Or Exempt Func Income$64,379RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$363,850TotalAmt
Program Services$363,850ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$143,867TotalAmt
Program Services$112,216ProgramServicesAmt
Management And General$17,264ManagementAndGeneralAmt
Fundraising$14,387FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,020,356TotalAmt
Program Services$829,537ProgramServicesAmt
Management And General$142,383ManagementAndGeneralAmt
Fundraising$48,436FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$23,848TotalAmt
Program Services$16,485ProgramServicesAmt
Management And General$6,619ManagementAndGeneralAmt
Fundraising$744FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$158,530TotalAmt
Program Services$110,648ProgramServicesAmt
Management And General$42,111ManagementAndGeneralAmt
Fundraising$5,771FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$95,296TotalAmt
Program Services$76,777ProgramServicesAmt
Management And General$13,474ManagementAndGeneralAmt
Fundraising$5,045FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$78,466TotalAmt
Program Services$76,783ProgramServicesAmt
Management And General$1,683ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,300TotalAmt
Management And General$18,300ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$716,767TotalAmt
Program Services$643,768ProgramServicesAmt
Management And General$71,924ManagementAndGeneralAmt
Fundraising$1,075FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,493TotalAmt
Program Services$4,116ProgramServicesAmt
Management And General$877ManagementAndGeneralAmt
Fundraising$2,500FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$47,030TotalAmt
Program Services$30,843ProgramServicesAmt
Management And General$15,748ManagementAndGeneralAmt
Fundraising$439FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$66,123TotalAmt
Program Services$14,877ProgramServicesAmt
Management And General$50,706ManagementAndGeneralAmt
Fundraising$540FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$47,741TotalAmt
Management And General$47,741ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$31,057TotalAmt
Program Services$28,520ProgramServicesAmt
Management And General$2,499ManagementAndGeneralAmt
Fundraising$38FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$104,146TotalAmt
Program Services$99,370ProgramServicesAmt
Management And General$4,735ManagementAndGeneralAmt
Fundraising$41FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$34,200TotalAmt
Program Services$31,346ProgramServicesAmt
Management And General$2,854ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,172TotalAmt
Program Services$2,672ProgramServicesAmt
Management And General$4,500ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPROVISION FOR BAD DEBTSDesc
Total$333TotalAmt
Program Services$333ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,964,575TotalAmt
Program Services$2,442,141ProgramServicesAmt
Management And General$443,418ManagementAndGeneralAmt
Fundraising$79,016FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$64,951BOYAmt
EOY$790EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,355,976BOYAmt
EOY$1,356,756EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,090,063BOYAmt
EOY$1,244,068EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$37,150BOYAmt
EOY$33,214EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$189,307LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$167,698LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$55,809BOYAmt
EOY$21,609EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,051,561BOYAmt
EOY$907,564EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,304BOYAmt
EOY$163,616EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,662,814BOYAmt
EOY$3,727,617EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$242,829BOYAmt
EOY$206,672EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$264,851BOYAmt
EOY$525,467EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,304BOYAmt
EOY$163,829EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$514,984BOYAmt
EOY$895,968EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,643,866BOYAmt
EOY$1,321,055EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,503,964BOYAmt
EOY$1,510,594EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,147,830BOYAmt
EOY$2,831,649EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,662,814BOYAmt
EOY$3,727,617EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$250,767ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$65,414PriorPeriodAdjustmentsAmt
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$1,216,021CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,357,929CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,133,043CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,800,943CurrentTaxYearMinus1YearAmt
Current Tax Year$2,649,429CurrentTaxYearAmt
Total$10,157,365TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,216,021CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,357,929CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,133,043CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,800,943CurrentTaxYearMinus1YearAmt
Current Tax Year$2,649,429CurrentTaxYearAmt
Total$10,157,365TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,664,431SubstantialContributorsTotAmt
Public Support Total170$8,492,934PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,777CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$226,525CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$294,074CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year-$18,159CurrentTaxYearMinus1YearAmt
Current Tax Year-$129,181CurrentTaxYearAmt
Total$379,036TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$238CurrentTaxYearMinus1YearAmt
Total$838TotalAmt
FieldValueIRS element (for citing)
Total Support$10,537,239TotalSupportAmt
Gross Receipts Rltd Activities$1,080,316GrossReceiptsRltdActivitiesAmt
Public Support CY1700.80600PublicSupportCY170Pct
Public Support PY1700.79810PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
Explanation838ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,832OtherCostOrOtherBasisAmt
Depreciation$18,832DepreciationAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$31,920OtherCostOrOtherBasisAmt
Depreciation$25,983DepreciationAmt
Book Value$5,937BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$138,555OtherCostOrOtherBasisAmt
Depreciation$122,883DepreciationAmt
Book Value$15,672BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$21,609TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescVSJF FLEXIBLE CAPITAL FUND, L3CDesc
Book Value$907,564BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$907,564TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$163,829Amt
FieldValueIRS element (for citing)
Total Liability$163,829TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,727,259TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$13,451DonatedServicesAndUseFcltsAmt
Revenue Not Reported$13,451RevenueNotReportedAmt
Revenue Subtotal$2,713,808RevenueSubtotalAmt
Total Revenue Per Form990$2,713,808TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,978,026TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$13,451DonatedServicesUseFcltsAmt
Expenses Not Reported$13,451ExpensesNotReportedAmt
Expenses Subtotal$2,964,575ExpensesSubtotalAmt
Total Expenses Per Form990$2,964,575TotalExpensesPerForm990Amt

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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
ROCK RABBIT
2021 FILLMORE STREET PMB2040SAN FRANCISCOCA94115922415591$25,000DELTACLIMEVT AWARD
INTERVALE CENTER
180 INTERVALE ROADBURLINGTONVT05401030329656$10,000F2P NETWORK GRANT501C3
LIBERATION ECOSYSTEM
301 PEARL STREET SUITE 202 151ST JOHNSBURYVT05819934589497$295,000SUSTAINABLE AGR.501C3
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationFINAL REPORTS ON DELIVERABLES AND ACCOMPLISHMENTS WERE COLLECTED FROM EACH GRANT RECIPIENT PER THEIR GRANT AGREEMENT.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 (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DTHE DELTACLIMEVT BUSINESS ACCELERATOR IS A VERMONT-BASED PROGRAM SERVING STARTUP AND SEED-STAGE VENTURES FOCUSING ON CLIMATE ECONOMY INNOVATION ACROSS MULTIPLE INDUSTRIES. OUR THREE IMMERSIVE SPRINTS HELP COMPANIES REFINE THEIR VISION, SOLIDIFY THEIR STRATEGY, AND ENABLE RAPID GROWTH. PARTICIPANTS GRADUATE WITH IMPROVED BUSINESS PLANS, NEW TOOLS TO ATTRACT INVESTORS, AND THE POTENTIAL TO GROW THEIR BUSINESS OPPORTUNITIES IN VERMONT AND BEYOND. THE VSJF 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 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, THAT IT IS AVAILABLE TO THEM.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY COLLECTING AND REVIEWING AN ANNUAL DISCLOSURE SURVEY.
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 (E.D.) PERFORMANCE. WRITTEN EVALUATIONS OF THE E.D.'S PERFORMANCE ARE SOLICITED FROM THE E.D., FROM ALL STAFF MEMBERS AND FROM ALL BOARD MEMBERS. THESE REVIEWS ARE THEN AGGREGATED AND TALLIED. THE COMPENSATION COMMITTEE THEN CONSIDERS WHETHER THE E.D.'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 E.D. AND THE NEXT HIGHEST PAID EMPLOYEE. IN 2022 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. ALSO IN 2022 A HUMAN RESOURCES CONSULTING FIRM, HICKOK & BOARDMAN, UNDER CONTRACT, CONDUCTED A COMPREHENSIVE REVIEW OF ALL STAFF POSITIONS AND SALARY RANGES IN COMPARISON WITH SIMILAR ORGANIZATIONS IN VERMONT. THE BOARD USED THIS 3RD PARTY CONDUCTED ANALYSIS TO ARRIVE AT THE COMPENSATION FOR THE E.D. STARTING JANUARY 1, 2023.
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 326,353 0 0 BUSINESS ASSISTANCE 221,117 0 0 FOREST PRODUCTS 10,767 0 0 OTHER 85,531 71,924 1,075 TOTAL 643,768 71,924 1,075

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-$143,997ShareOfTotalIncomeAmt
Share Of EOY Assets$907,564ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerYes (true)GeneralOrManagingPartnerInd
Ownership0.37000OwnershipPct
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
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 OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1VSJF FLEXIBLE CAPITAL FUND L3CBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeLTransactionTypeTxt
Involved$105,000InvolvedAmt
Method Of Amount DeterminationFAIR VALUEMethodOfAmountDeterminationTxt

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