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Nonprofiteer
← VERMONT COMMUNITY LOAN FUND INC

Form 990 for tax year 2023

Filed by VERMONT COMMUNITY LOAN FUND INC.

Totals

Total revenue
$3,257,007
Total expenses
$3,155,260
Contributions and grants received
$813,902
Grants paid
$0
Program service revenue
$1,655,219
Investment income
$681,347
Other revenue
$106,539
Total assets, end of year
$52,714,194
Total liabilities, end of year
$35,096,273
Net assets or fund balances, end of year
$17,617,921
Program services expenses (Part IX)
$2,582,311
Management and general expenses
$466,184
Fundraising expenses
$106,765
Program service expenses (Part III)
$2,582,311

Program services were 81.8% 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
    $222,526
    From this org
    $210,500
    From related orgs
    $0
    Other
    $12,026
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,500
    Bonus
    $10,000
    Other
    not reported
    Deferred
    $12,026
    Nontaxable benefits
    not reported
    Filer's total
    $222,526

  • JAKE IDE

    EMPLOYEE

    Total calculated
    $134,064
    From this org
    $126,252
    From related orgs
    $0
    Other
    $7,812
    Hours/week
    40

  • KATHERINE NELSON

    EMPLOYEE

    Total calculated
    $132,248
    From this org
    $124,522
    From related orgs
    $0
    Other
    $7,726
    Hours/week
    40

  • DR ASMA ALI ABUNAIB

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOSE AGUAYO

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • ARNE HAMMARLUND

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • KIM KEISER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHLOE LEAREY

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • IRA MARVIN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW PLASSE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GWEN POKALO

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • MICHAEL THOMPSON

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEPHANIE WERNHOFF

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
19 March 2024
IRS schema version
2023v5.0
Source object
202441109349300649

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