2025-11-17T15:00:57-05:00 2024-12-31 030280081 JMM & ASSOCIATES PC 463 MOUNTAIN VIEW DR STE 403 COLCHESTER VT 05446 990 2024-01-01 030349736 VERMONT SUSTAINABLE JOBS FUND INC VERM 8028281260 3 PITKIN COURT SUITE 301E MONTPELIER VT 05602 ELLEN KAHLER EXECUTIVE DIRECTOR 8028285320 2025-11-17 true false RANDALL L SARGENT CPA P00136499 8026555665 2025-11-17 2024 2025-03-06 01:10:19Z ELLEN KAHLER 3 PITKIN COURT SUITE 301E MONTPELIER VT 05602 2713808 false X WWW.VSJF.ORG X 1995 VT WE 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. 11 11 25 14 0 2800943 2649429 258007 193560 -18159 -129181 238 0 3041029 2713808 110225 363850 0 1296455 1441897 0 79016 1457874 1158828 2864554 2964575 176475 -250767 3662814 3727617 514984 895968 3147830 2831649 X WE 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. false false 1157477 325500 39710 THE 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. 507492 25000 23078 THE 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. 191468 THE 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. 585704 13350 130772 THE 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. 585704 13350 130772 2442141 true true false false false false false false false false true false true false true true true false false false false false false false false false false true false false false false false false false false false true false false false false false true false false false true 32 0 25 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true true true true false true true X X ANTHONY MENNONA 8028281260 3 PITKIN COURT SUITE 301E MONTPELIER VT 05602 ELLEN KAHLER EXECUTIVE DI 40.00 X 128344 0 15523 SHELLY SEVERINGHAUS CHAIR 1.00 X X 0 0 0 ADITI DATTA VICE CHAIR 1.00 X X 0 0 0 NOELLE MACKAY SECRETARY/TR 1.00 X X 0 0 0 DIANE ABRUZZINI-RIGGS DIRECTOR 1.00 X 0 0 0 JEAN HAMILTON DIRECTOR 1.00 X 0 0 0 MAUREEN HEBERT DIRECTOR 1.00 X 0 0 0 KEN LINGE DIRECTOR 1.00 X 0 0 0 BRODIE O'BRIEN DIRECTOR 1.00 X 0 0 0 TAYT BROOKS DIRECTOR 1.00 X 0 0 0 ANSON TEBBETTS DIRECTOR 1.00 X 0 0 0 AMANDA WHEELER DIRECTOR 1.00 X 0 0 0 NATE HAUSMAN LEFT JUNE 2024 DIRECTOR 1.00 X 0 0 0 LAURA SIBILIA LEFT JUNE 2024 DIRECTOR 1.00 X 0 0 0 ANDREA COHEN LEFT JUNE 2024 DIRECTOR 1.00 X 0 0 0 128344 15523 1 false false false VERMONT CATTLEMEN LLC PO BOX 215 238 TATTLE STREET READING VT 05062 CONSULTING 155000 1 1263620 1385809 10042 2649429 FEES FOR SERVICE 541900 153850 153850 FARM TO PLATE GATHERING 541900 35979 35979 EVENT REGISTRATIONS 541900 3731 3731 193560 -129181 -129181 2713808 64379 X 363850 363850 143867 112216 17264 14387 1020356 829537 142383 48436 23848 16485 6619 744 158530 110648 42111 5771 95296 76777 13474 5045 78466 76783 1683 18300 18300 716767 643768 71924 1075 7493 4116 877 2500 47030 30843 15748 439 66123 14877 50706 540 47741 47741 31057 28520 2499 38 104146 99370 4735 41 34200 31346 2854 7172 2672 4500 PROVISION FOR BAD DEBTS 333 333 2964575 2442141 443418 79016 64951 790 1355976 1356756 1090063 1244068 37150 33214 189307 167698 55809 21609 1051561 907564 7304 163616 3662814 3727617 242829 206672 264851 525467 7304 163829 514984 895968 X 1643866 1321055 1503964 1510594 3147830 2831649 3662814 3727617 -250767 -65414 X false true X true false X 1216021 1357929 2133043 2800943 2649429 10157365 1216021 1357929 2133043 2800943 2649429 10157365 1664431 8492934 5777 226525 294074 -18159 -129181 379036 600 238 838 10537239 1080316 0.80600 0.79810 X PART II, LINE 10 838 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18832 18832 31920 25983 5937 138555 122883 15672 21609 VSJF FLEXIBLE CAPITAL FUND, L3C 907564 C 907564 LEASE LIABILITY 163829 163829 X 2727259 13451 13451 2713808 2713808 2978026 13451 13451 2964575 2964575 SCHEDULE D, PAGE 3, PART X THE 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. true ROCK RABBIT 2021 FILLMORE STREET PMB2040 SAN FRANCISCO CA 94115 922415591 25000 DELTACLIMEVT AWARD INTERVALE CENTER 180 INTERVALE ROAD BURLINGTON VT 05401 030329656 501C3 10000 F2P NETWORK GRANT LIBERATION ECOSYSTEM 301 PEARL STREET SUITE 202 151 ST JOHNSBURY VT 05819 934589497 501C3 295000 SUSTAINABLE AGR. 6 SCHEDULE I, PAGE 1, PART I, LINE 2 FINAL REPORTS ON DELIVERABLES AND ACCOMPLISHMENTS WERE COLLECTED FROM EACH GRANT RECIPIENT PER THEIR GRANT AGREEMENT. VSJF FLEXIBLE CAPITAL FUND L3C DIRECTORS 105000 MANAGEMENT FEE false FORM 990, PAGE 2, PART III, LINE 4D THE 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 11B THE 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 12C THE 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 15A A 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 19 THE FORM 990 IS POSTED TO GUIDESTAR.ORG AND OTHER DOCUMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 11G SUSTAINABLE 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 VSJF FLEXIBLE CAPITAL FUND L3C 3 PITKIN COURT SUITE 301E MONTPELIER VT 05602 273708251 LENDING VT VSJF RELATED -143997 907564 false true 0.37000 false false false false false false false false false false false false false false false false true false false VSJF FLEXIBLE CAPITAL FUND L3C L 105000 FAIR VALUE