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Nonprofiteer
← CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC

Form 990 for tax year 2023

Filed by CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC.

Totals

Total revenue
$40,263,193
Total expenses
$36,220,386
Contributions and grants received
$39,499,240
Grants paid
$12,751,737
Program service revenue
$369,188
Investment income
$390,498
Other revenue
$4,267
Total assets, end of year
$17,445,286
Total liabilities, end of year
$4,183,638
Net assets or fund balances, end of year
$13,261,648
Program services expenses (Part IX)
$32,880,035
Management and general expenses
$3,088,605
Fundraising expenses
$251,746
Program service expenses (Part III)
$32,880,035

Program services were 90.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $95,074

  • 1c · Fundraising events

    $50,194

  • 1e · Government grants (contributions)

    $30,288,737

  • 1f · All other contributions, gifts and grants

    $9,065,235

  • 1g · Noncash contributions included above

    $3,846,241

  • 2a · Program service revenue: FEES

    total $369,188 · related or exempt $369,188

  • 3 · Investment income

    total $348,895 · excluded $348,895

  • 7a · Gross sales of assets other than inventory

    securities $46,364 · other assets $14,000

  • 7b · Less cost or other basis and sales expenses

    securities $18,761 · other assets $0

  • 7c · Gain or loss

    securities $27,603 · other assets $14,000

  • 7d · Net gain or loss

    total $41,603 · related or exempt $14,000 · excluded $27,603

  • 8a · Fundraising events: gross income

    $25,247

  • 8a · Fundraising events: contributions included on line 1c

    $50,194

  • 8b · Fundraising events: direct expenses

    $20,980

  • 8c · Net income from fundraising events

    total $4,267 · excluded $4,267

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $714,869 · program services $714,869

  • 2 · Grants to domestic individuals

    total $12,036,868 · program services $12,036,868

  • 5 · Compensation of officers, directors and key employees

    total $343,477 · program services $8,587 · management and general $334,890

  • 7 · Other salaries and wages

    total $13,488,420 · program services $11,576,433 · management and general $1,771,366 · fundraising $140,621

  • 8 · Pension plan contributions

    total $445,289 · program services $404,948 · management and general $35,132 · fundraising $5,209

  • 9 · Other employee benefits

    total $3,106,833 · program services $2,868,437 · management and general $196,858 · fundraising $41,538

  • 10 · Payroll taxes

    total $1,237,017 · program services $1,125,851 · management and general $97,398 · fundraising $13,768

  • 11b · Fees: legal

    total $23,816 · program services $13,665 · management and general $10,151

  • 11c · Fees: accounting

    total $46,075 · management and general $46,075

  • 11g · Fees: other

    total $488,728 · program services $279,562 · management and general $208,114 · fundraising $1,052

  • 12 · Advertising and promotion

    total $142,736 · program services $91,734 · management and general $40,007 · fundraising $10,995

  • 16 · Occupancy

    total $1,583,073 · program services $1,472,464 · management and general $101,998 · fundraising $8,611

  • 17 · Travel

    total $76,236 · program services $73,748 · management and general $2,488

  • 22 · Depreciation, depletion and amortization

    total $365,638 · program services $365,638

  • 23 · Insurance

    total $157,537 · program services $137,220 · management and general $19,557 · fundraising $760

  • 24a · Other expenses: EQUIPMENT / MAINT/ SVC

    total $617,497 · program services $589,284 · management and general $28,213

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $333,764 · program services $327,858 · management and general $5,906

  • 24c · Other expenses: TRAINING

    total $326,479 · program services $267,761 · management and general $58,718

  • 24d · Other expenses: SUPPLIES

    total $285,574 · program services $230,198 · management and general $43,123 · fundraising $12,253

  • 24e · All other expenses

    total $400,460 · program services $294,910 · management and general $88,611 · fundraising $16,939

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,919,493 · end of year $1,904,673

  • 2 · Savings and temporary cash investments

    beginning of year $673,392 · end of year $1,892,280

  • 3 · Pledges and grants receivable

    beginning of year $2,535,877 · end of year $2,245,497

  • 4 · Accounts receivable

    beginning of year $132,988 · end of year $116,297

  • 8 · Inventories for sale or use

    beginning of year $558,255 · end of year $494,756

  • 9 · Prepaid expenses and deferred charges

    beginning of year $265,170 · end of year $360,078

  • 10a · Land, buildings and equipment: cost or other basis

    $3,866,998

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,738,543

  • 10c · Land, buildings and equipment, net

    beginning of year $1,049,331 · end of year $1,128,455

  • 11 · Investments: publicly traded securities

    beginning of year $3,121,127 · end of year $7,364,051

  • 15 · Other assets

    beginning of year $2,241,378 · end of year $1,939,199

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,709,292 · end of year $1,901,304

  • 19 · Deferred revenue

    beginning of year $823,513 · end of year $336,969

  • 23 · Secured mortgages and notes payable

    beginning of year $8,166 · end of year $6,166

  • 25 · Other liabilities

    beginning of year $2,238,878 · end of year $1,939,199

  • 27 · Net assets without donor restrictions

    beginning of year $3,149,872 · end of year $2,975,354

  • 28 · Net assets with donor restrictions

    beginning of year $5,567,290 · end of year $10,286,294

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

CVOEO ADDRESSES FUNDAMENTAL ISSUES OF ECONOMIC, SOCIAL, AND RACIAL JUSTICE AND WORKS WITH PEOPLE TO ACHIEVE ECONOMIC INDEPENDENCE.

  • CVOEO PROVIDED A WIDE VARIETY OF VITAL SERVICES TO OVER 23,000 PEOPLE AND WELL OVER 12,000 FAMILIES DURING THE YEAR. ADDITIONALLY, THOUSANDS OF VOLUNTEER HOURS WERE DONATED TO CVOEO PROGRAMS AND AGENCY PROGRAMS ENGAGED IN OVER 500 PARTNERSHIPS WITH OUTSIDE ENTITIES (BUSINESSES, NON-PROFITS, FAITH-BASED ORGANIZATIONS, SCHOOL DISTRICTS, POST-SECONDARY INSTITUTIONS, ETC.).THREE COMMUNITY ACTION OFFICES IN MIDDLEBURY, BURLINGTON AND ST. ALBANS PROVIDED CRISIS INTERVENTION IN SEVERAL AREAS INCLUDING CRISIS FUEL, WARMTH SUPPORT, HOUSING FINANCIAL ASSISTANCE, HOUSING SERVICES COORDINATION, FOOD ASSISTANCE AND TAX ASSISTANCE. NORTHWEST FAMILY FOODS SERVED 3,283 INDIVIDUALS AND 1,704 HOUSEHOLDS AND DISTRIBUTED 301,754 POUNDS OF FOOD. AT THE ADDISON COUNTY FOOD SHELF, WE SERVED 1,284 INDIVIDUALS AND 603 HOUSEHOLDS PROVIDING 68,040 POUNDS OF FOOD. AT FEEDING CHAMPLAIN VALLEY, WE SERVED 9,218 INDIVIDUALS, 5,478 HOUSEHOLDS AND DISTRIBUTED 1,838,528 POUNDS OF FOOD WHILE SERVING APPROXIMATELY 30,000 HOT MEALS AT THE COMMUNITY RESOURCE CENTER.

    Expenses $8,001,996 · Grants $3,688,257

  • THERE WERE 212 CHILDREN IN OUR HEAD START PROGRAM AND 189 CHILDREN IN OUR EARLY HEAD START PROGRAM. THERE WERE 2,269 HOME VISITS. EIGHTY-FOUR PERCENT (84%) OF OUR 4-YEAR-OLD PRESCHOOLERS WERE MEETING OR EXCEEDING WIDELY HELD EXPECTATIONS TIED TO KINDERGARTEN READINESS IN THE DOMAINS OF SOCIAL EMOTIONAL DEVELOPMENT, LITERACY, AND MATH.

    Expenses $9,359,242 · Grants $1,369,288 · Revenue $1,400

  • OVER THIS PAST YEAR CVOEO HAS CONTINUED TO EXPAND ITS FOOD PROGRAMS THROUGHOUT THE CHAMPLAIN VALLEY AND FEEDING CHITTENDEN FORMALLY BECAME FEEDING CHAMPLAIN VALLEY ON FEBRUARY 14TH, 2024. IN AUGUST OF THIS YEAR, FEEDING CHAMPLAIN VALLEY INTEGRATED THE HEALTH ROOTS COLLABORATIVE AS ONE OF ITS PROGRAMS PROVIDING CVOEO WITH THE OPPORTUNITY TO CONNECT LOCAL FARMERS TO THE CHARITABLE FOOD SYSTEM. WE NOW WORK WITH OVER 38 FARMS WHERE WE GLEAN, PURCHASE FOOD FOR OUR FOOD SHELVES AND PROVIDE SALES AND MARKETING SUPPORT. WE ALSO PROVIDE EDUCATION ON SUSTAINABLE FARMING THROUGH WORKSHOPS AT SCHOOLS AND COMMUNITY CENTERS. FEEDING CHAMPLAIN VALLEY CONTINUES WITH ITS FOOD AS MEDICINE PROGRAM, MOBILE OUTREACH, SOLIDIFYING ITS THREE FOOD HUBS IT ESTABLISHED IN 2023 AND PROVIDING CONSUMER CHOICE THROUGH ITS ONLINE FOOD ORDERING APPLICATION AND ITS INTERPRETATION AND TRANSLATION SERVICE.

    Expenses $5,908,595 · Grants $4,274,370

  • Expenses $9,610,202 · Grants $3,419,822 · Revenue $381,788

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • CODY FIALA

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH MADIGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JON CRYSTAL

    BOARD VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • WENDY BOVA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ANNE ROSENBLUM

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • BRIAN CINA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ADEN HAJI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • COLLEEN NONI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • NAKUMA PALCCZEWSKI

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ANDREA TREADWAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • LESLI BLOUNT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • PAUL DRAGON

    EXECUTIVE DIRECTOR

    Total calculated
    $171,901
    From this org
    $135,698
    From related orgs
    $0
    Other
    $36,203
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $135,698
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $36,203
    Filer's total
    $171,901

  • MATT D'AGOSTINO

    FISCAL DIRECTOR

    Total calculated
    $161,189
    From this org
    $124,986
    From related orgs
    $0
    Other
    $36,203
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $124,986
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $36,203
    Filer's total
    $161,189

  • CAROL PAUL

    DEPUTY PROGRAM DIRECTOR

    Total calculated
    $159,971
    From this org
    $123,460
    From related orgs
    $0
    Other
    $36,511
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $123,460
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $36,511
    Filer's total
    $159,971

  • SANDRA GRAVES

    HEAD START PROGRAM DIRECTOR

    Total calculated
    $128,828
    From this org
    $112,577
    From related orgs
    $0
    Other
    $16,251
    Hours/week
    45

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

None.

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
7 May 2025
IRS schema version
2023v6.0
Source object
202501649349301375

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