Form 990 for tax year 2023
Filed by STRATTON MOUNTAIN & VALLEY COMMUNITY BENEFIT FOUNDATION.
Totals
- Total revenue
- $1,636,143
- Total expenses
- $1,304,086
- Contributions and grants received
- $1,147,097
- Grants paid
- $1,077,969
- Program service revenue
- $0
- Investment income
- $31,148
- Other revenue
- $457,898
- Total assets, end of year
- $1,277,299
- Total liabilities, end of year
- $16,584
- Net assets or fund balances, end of year
- $1,260,715
- Program services expenses (Part IX)
- $1,191,033
- Management and general expenses
- $56,531
- Fundraising expenses
- $56,522
- Program service expenses (Part III)
- $1,191,033
Program services were 91.3% 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.
-
1f · All other contributions, gifts and grants
$1,147,097
-
1g · Noncash contributions included above
$38,873
-
3 · Investment income
total $31,148 · excluded $31,148
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$657,730
-
8b · Fundraising events: direct expenses
$199,832
-
8c · Net income from fundraising events
total $457,898 · excluded $457,898
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $970,962 · program services $970,962
-
2 · Grants to domestic individuals
total $107,007 · program services $107,007
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $143,115 · program services $71,558 · management and general $35,779 · fundraising $35,778
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $21,000 · program services $10,500 · management and general $5,250 · fundraising $5,250
-
10 · Payroll taxes
total $7,197 · program services $3,599 · management and general $1,799 · fundraising $1,799
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $13,891 · program services $6,946 · management and general $3,473 · fundraising $3,472
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $1,830 · program services $915 · management and general $458 · fundraising $457
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,009 · program services $505 · management and general $252 · fundraising $252
-
13 · Office expenses
total $2,517 · program services $1,259 · management and general $629 · fundraising $629
-
14 · Information technology
total $7,395 · program services $3,698 · management and general $1,849 · fundraising $1,848
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $6,646 · program services $3,323 · management and general $1,662 · fundraising $1,661
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $16,292 · program services $8,146 · management and general $4,073 · fundraising $4,073
-
24b · Other expenses: TELEPHONE
total $1,232 · program services $616 · management and general $308 · fundraising $308
-
24c · Other expenses: BANK CHARGES
total $1,072 · program services $536 · management and general $268 · fundraising $268
-
24d · Other expenses: INTERNET
total $949 · program services $475 · management and general $237 · fundraising $237
-
24e · All other expenses
total $1,972 · program services $988 · management and general $494 · fundraising $490
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year -$1
-
2 · Savings and temporary cash investments
beginning of year $632,254 · end of year $971,807
-
3 · Pledges and grants receivable
beginning of year $19,741 · end of year $32,418
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,518 · end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $239,567 · end of year $273,075
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $3,500 · end of year $9,000
-
25 · Other liabilities
beginning of year $7,584 · end of year $7,584
-
27 · Net assets without donor restrictions
beginning of year $855,617 · end of year $1,234,336
-
28 · Net assets with donor restrictions
beginning of year $26,379 · end of year $26,379
Mission and programs · 2023
Mission
THE ORGANIZATION HAS ESTABLISHED A SERIES OF EVENTS AND PROGRAMS AND STRATTON ARCHIVES FOR THE BENEFIT OF THE PUBLIC AND, THROUGH GRANTS, FOR VARIOUS CHARITABLE CAUSES ENHANCING OPPORTUNITIES, HEALTH AND QUALITY OF LIFE FOR CHILDREN AND THEIR FAMILIES.
-
THE ORGANIZATION HAS ESTABLISHED A SERIES OF EVENTS AND PROGRAMS FOR THE BENEFIT OF THE PUBLIC AND THROUGH GRANTS, FOR VARIOUS CHARITABLE CAUSES INCLUDING BREAKING THE CYCLE OF GENERATIONAL POVERTY, ASSIST FIRST GENERATION COLLEGE STUDENTS WITH SCHOLARSHIPS, AND PROVIDE PREVENTATIVE DENTAL SERVICES AND OTHER COMMUNITY NEEDS IN SOUTHERN VERMONT. THE ORGANIZATION RECEIVES SUBSTANTIAL NON-CASH SUPPORT FROM STRATTON MOUNTAIN RESORT IS THE FORM OF USE OF FACILITIES, VOLUNTEERS, OPERATIONS AND SERVICES FOR 24HRS OF STRATTON AND OTHER EVENTS WITH A FMV OF APPROXIMATELY $100,000.
Expenses $1,191,033 · Grants $1,077,969
As filed on the 2023 return.
Listed in Part VII
-
JAN GIEJDA
Director
- Total calculated
- $0
- Hours/week
- 2
-
JENNIFER LEYTON
Director
- Total calculated
- $0
- Hours/week
- 2
-
STEVE KERSTEIN
President
- Total calculated
- $0
- Hours/week
- 2
-
ABBE HABER
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
EVAN GROSSMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
JONATHAN KLEIN
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
AMY MCHUGH
Director
- Total calculated
- $0
- Hours/week
- 2
-
PARKER RICE
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
KIM WOHLER
Director
- Total calculated
- $0
- Hours/week
- 2
-
CRAIG PANARISI
Director
- Total calculated
- $0
- Hours/week
- 2
-
MARK KELLY
Director
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTOPHER AMERY
Director
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
-
$53,000
EXPERIMENTAL LEARNING
-
$50,000
PEER MENTORING
-
THE MOUNTAIN SCHOOL WINHALL
$27,400
LUNCH SUPPORT/SCHOLARSHIP/PLAYGROUN
-
$25,000
SUCCESS PROGRAM
-
$25,000
SUMMER CAMPS
-
BENNINGTON RUTLAND SU
$15,000
EXPERIMENTAL LEARNING/JISP
-
$14,400
SNEAKER PROGRAM FOR KIDS
-
CORNERSTONE DENTISTRY
$14,018
DENTAL GRANT
-
$10,600
SUCCESS/SCHOLARSHIPS/MENTAL HEALTH
-
$10,000
SUMMER EDUCATION PROGRAM
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511339349307331
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