Skip to content
Nonprofiteer
← VERMONT COMMUNITY LOAN FUND INC

Form 990 for tax year 2024

Filed by VERMONT COMMUNITY LOAN FUND INC.

Totals

Total revenue
$3,729,488
Total expenses
$3,186,578
Contributions and grants received
$1,022,337
Grants paid
$0
Program service revenue
$1,925,925
Investment income
$780,746
Other revenue
$480
Total assets, end of year
$54,034,638
Total liabilities, end of year
$35,873,807
Net assets or fund balances, end of year
$18,160,831
Program services expenses (Part IX)
$2,410,187
Management and general expenses
$659,525
Fundraising expenses
$116,866
Program service expenses (Part III)
$2,410,187

Program services were 75.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • WILLIAM BELONGIA

    EXECUTIVE DI

    Total calculated
    $236,418
    From this org
    $223,731
    From related orgs
    $0
    Other
    $12,687
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,731
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,687
    Nontaxable benefits
    not reported
    Filer's total
    $236,418

  • KATHERINE NELSON

    EMPLOYEE

    Total calculated
    $141,864
    From this org
    $133,680
    From related orgs
    $0
    Other
    $8,184
    Hours/week
    40

  • JAKE IDE

    EMPLOYEE

    Total calculated
    $140,397
    From this org
    $132,283
    From related orgs
    $0
    Other
    $8,114
    Hours/week
    40

  • DANIEL WINSLOW

    EMPLOYEE

    Total calculated
    $112,598
    From this org
    $105,808
    From related orgs
    $0
    Other
    $6,790

  • SARAH PHILLIPS

    EMPLOYEE

    Total calculated
    $110,700
    From this org
    $104,000
    From related orgs
    $0
    Other
    $6,700

  • DR ASMA ALI ABUNAIB

    MEMBER

    Total calculated
    $0

  • ARNE HAMMARLUND

    TREASURER

    Total calculated
    $0

  • GWEN POKALO HART

    PRESIDENT

    Total calculated
    $0

  • KIM KEISER

    MEMBER

    Total calculated
    $0

  • CHLOE LEAREY

    MEMBER

    Total calculated
    $0

  • IRA MARVIN

    MEMBER

    Total calculated
    $0

  • MATTHEW PLASSE

    MEMBER

    Total calculated
    $0

  • JANET SPITLER

    MEMBER

    Total calculated
    $0

  • STEPHANIE WERNHOFF

    VICE PRESIDE

    Total calculated
    $0

  • MICHAEL THOMPSON

    SECRETARY

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 April 2025
IRS schema version
2024v5.0
Source object
202531129349301413

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.