← RESOURCE A NONPROFIT COMMUNITY ENTERPRISE INC

Form 990 for tax year 2023

Filed by RESOURCE A NONPROFIT COMMUNITY ENTERPRISE INC.

Totals

Total revenue: $7,060,003
Total expenses: $6,618,768
Contributions and grants received: $3,752,329
Grants paid: $0
Program service revenue: $3,265,451
Investment income: $8,978
Other revenue: $33,245
Total assets, end of year: $10,630,063
Total liabilities, end of year: $6,656,400
Net assets or fund balances, end of year: $3,973,663
Program services expenses (Part IX): $5,175,803
Management and general expenses: $1,245,444
Fundraising expenses: $197,521
Program service expenses (Part III): $5,175,803

Program services were 78.2% 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.

1e · Government grants (contributions)

$1,403,358
1f · All other contributions, gifts and grants

$2,348,971
1g · Noncash contributions included above

$1,262,901
2a · Program service revenue: TRAINING FEES

total $1,460,615 · related or exempt $1,460,615
2b · Program service revenue: SALES AND SERVICES

total $1,452,406 · related or exempt $1,452,406
2c · Program service revenue: MISCELLANEOUS FEES

total $352,430 · related or exempt $352,430
3 · Investment income

total $8,978 · excluded $8,978
6a · Gross rents

real property $85,487
6b · Less rental expenses

real property $52,242
6c · Rental income or loss

real property $33,245
6d · Net rental income or loss

total $33,245 · excluded $33,245

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $118,224 · program services $97,219 · management and general $16,781 · fundraising $4,224
7 · Other salaries and wages

total $3,352,066 · program services $2,936,227 · management and general $285,191 · fundraising $130,648
8 · Pension plan contributions

total $17,393 · program services $9,296 · management and general $7,779 · fundraising $318
9 · Other employee benefits

total $395,022 · program services $211,131 · management and general $176,665 · fundraising $7,226
10 · Payroll taxes

total $315,725 · program services $272,011 · management and general $42,752 · fundraising $962
11b · Fees: legal

total $2,399 · management and general $2,399
11c · Fees: accounting

total $15,750 · management and general $15,750
11g · Fees: other

total $199,681 · program services $78,497 · management and general $118,500 · fundraising $2,684
12 · Advertising and promotion

total $52,335 · program services $16,237 · management and general $1,158 · fundraising $34,940
13 · Office expenses

total $31,302 · program services $25,028 · management and general $5,900 · fundraising $374
16 · Occupancy

total $309,089 · program services $263,024 · management and general $44,394 · fundraising $1,671
17 · Travel

total $29,767 · program services $28,390 · management and general $1,166 · fundraising $211
19 · Conferences, conventions and meetings

total $62,968 · program services $57,074 · management and general $5,696 · fundraising $198
20 · Interest

total $137,062 · program services $118,662 · management and general $14,711 · fundraising $3,689
22 · Depreciation, depletion and amortization

total $228,877 · program services $109,603 · management and general $119,274
23 · Insurance

total $69,009 · program services $10,047 · management and general $54,655 · fundraising $4,307
24a · Other expenses: TRAINEE STIPENDS AND SU

total $551,698 · program services $550,823 · management and general $875
24b · Other expenses: SUPPLIES AND SERVICES

total $505,309 · program services $212,557 · management and general $291,567 · fundraising $1,185
24c · Other expenses: MISCELLANEOUS

total $154,719 · program services $110,580 · management and general $39,255 · fundraising $4,884
24d · Other expenses: VEHICLE EXPENSE

total $70,373 · program services $69,397 · management and general $976

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,333,621 · end of year $1,377,718
2 · Savings and temporary cash investments

beginning of year $123,993 · end of year $152,228
3 · Pledges and grants receivable

beginning of year $517,562 · end of year $688,648
4 · Accounts receivable

beginning of year $242,207 · end of year $529,373
8 · Inventories for sale or use

beginning of year $285,707 · end of year $208,357
9 · Prepaid expenses and deferred charges

beginning of year $43,289 · end of year $11,980
10a · Land, buildings and equipment: cost or other basis

$9,298,031
10b · Land, buildings and equipment: accumulated depreciation

$1,920,387
10c · Land, buildings and equipment, net

beginning of year $7,583,834 · end of year $7,377,644
15 · Other assets

beginning of year $355,022 · end of year $284,115
17 · Accounts payable and accrued expenses

beginning of year $402,000 · end of year $337,992
19 · Deferred revenue

beginning of year $41,500 · end of year $68,208
23 · Secured mortgages and notes payable

beginning of year $6,004,518 · end of year $5,815,466
24 · Unsecured notes and loans payable

beginning of year $159,414 · end of year $158,365
25 · Other liabilities

beginning of year $345,375 · end of year $276,369
27 · Net assets without donor restrictions

beginning of year $3,407,259 · end of year $3,403,938
28 · Net assets with donor restrictions

beginning of year $125,169 · end of year $569,725

Mission and programs · 2023

Mission

RESOURCE'S MISSION IS TO MEET COMMUNITY AND INDIVIDUAL NEEDS THROUGH 1) EDUCATION AND JOB SKILLS TRAINING, 2)ENVIRONMENTAL STEWARDSHIP, AND 3)ECONOMIC OPPORTUNITIES. THE ORGANIZATION IS DEDICATED TO EXTENDING ITS IMPACT, CHANGING MORE LIVES, PROVIDING RELIEF, RETRAINING, REBUILDING, REPAIRING, AND RESTORING.

SEE SCHEDULE OSINCE 1991, RESOURCE HAS BEEN EMPOWERING INDIVIDUALS AND STRENGTHENING VERMONT COMMUNITIES THROUGH WORKFORCE DEVELOPMENT, POVERTY RELIEF, AND ENVIRONMENTAL STEWARDSHIP. RESOURCE OPERATES FOUR REUSE CENTERS ACROSS THE STATE THAT ACCEPT AND REDISTRIBUTE HOUSEHOLD GOODS AND BUILDING MATERIALS TO VERMONTERS: TWO IN CHITTENDEN COUNTY, 339 PINE STREET IN BURLINGTON, AND 329 HARVEST LANE IN WILLISTON; ONE IN WASHINGTON COUNTY, 30 GRANITE STREET, BARRE; AND ONE IN LAMOILLE COUNTY, 590 E MAIN STREET, HYDE PARK. THROUGH THESE REUSE CENTERS, RESOURCE FINDS NEW HOMES FOR MAJOR APPLIANCES, COMPUTERS, ELECTRONICS, FURNITURE, AND BUILDING MATERIALS, DIVERTING USABLE ITEMS FROM THE LANDFILL AND INTO THE HOMES OF THOSE IN NEED. RESOURCE HAS EXPANDED ITS SERVICES AND PROGRAMMING TO OFFER MORE OPPORTUNITIES TO AT-RISK YOUTH AND LOW-INCOME INDIVIDUALS AND FAMILIES. ALL OF RESOURCE'S TRAINING PROGRAMS ARE DESIGNED TO PROVIDE A SYMBIOTIC BENEFIT IN EACH OF THE ORGANIZATION'S THREE MISSION AREAS; COMBINING THESE ELEMENTS PROVIDES IMPORTANT SYNERGIES AND VALUE THAT SUPPORT THE SUSTAINABILITY OF PROGRAMS.ENVIRONMENTAL STEWARDSHIP: REUSE PROGRAMS KEEP 500-1,000 TONS OF WASTE OUT OF LANDFILLS ANNUALLY WHILE SUPPORTING LOW- AND MODERATE-INCOME VERMONTERS. IN ADDITION TO REUSE PROGRAMS, RESOURCE PROVIDES OTHER SERVICES SUCH AS WEATHERIZATION AND AFFORDABLE HOUSING CONSTRUCTION THROUGH ITS JOB TRAINING PROGRAMS THAT RESULT IN WELL-INSULATED HOMES THAT REDUCE HEATING AND COOLING COSTS FOR LOW-INCOME BENEFICIARIES AND HAVE LOWER CARBON EMISSIONS AND FEWER OTHER ENVIRONMENTAL IMPACTS.POVERTY RELIEF: IN ADDITION TO THE AFFORDABLE HOUSING CONSTRUCTION AND WEATHERIZATION SERVICES IDENTIFIED ABOVE, RESOURCE ALSO PROVIDES SKILL TRAINING TO DISADVANTAGED INDIVIDUALS AND DISTRIBUTES ESSENTIAL GOODS TO LOW-INCOME FAMILIES AND VICTIMS OF DISASTER. OVER 85% OF WORKFORCE DEVELOPMENT TRAINEES WHO GRADUATE FROM RESOURCE'S PROGRAMS ARE PLACED INTO EMPLOYMENT WITHIN 3 MONTHS OF COMPLETING THE PROGRAM. RESOURCE'S ESSENTIAL GOODS PROGRAM SUPPORTS OVER 30 NONPROFIT PARTNER AGENCIES AND ALLEVIATES POVERTY BY DISTRIBUTING HOUSEHOLD APPLIANCES, COOKING EQUIPMENT, BEDS, OTHER FURNITURE, AND BUILDING MATERIALS TO THOSE WITH THE LOWEST INCOME.TRAINING: RESOURCE HAS THREE CATEGORIES OF JOB SKILL TRAINING:WORK EXPERIENCE: INDIVIDUALS WHO AREN'T READY TO WORK BUT ARE LOOKING TO GAIN EXPERIENCE MAY DO SO IN A SAFE AND SUPPORTIVE ENVIRONMENT AS A STEP TOWARD BECOMING WORK READY. WORKFORCE DEVELOPMENT: INDIVIDUALS WITH BARRIERS TO EMPLOYMENT LEARN SOFT AND TECHNICAL SKILLS AND EARN THE CREDENTIALS NEEDED TO BE PLACED IN EMPLOYMENT IN THEIR DESIRED CAREER. WORKFORCE ADVANCEMENT: THROUGH A TWELVE-MONTH CONSTRUCTION APPRENTICESHIP, LABORERS EMPLOYED BY AREA CONSTRUCTION CONTRACTORS ARE PROVIDED CARPENTRY SKILL TRAINING THAT ALLOWS THEM TO BECOME CERTIFIED CARPENTERS THROUGH REGISTERED APPRENTICESHIP. RESOURCE ALSO OFFERS EMBEDDED TRAININGS EXPLORING CAREER OPPORTUNITIES WITH LOCAL BUSINESSES, AND CUSTOM SKILLED-BASED TRAININGS, CERTIFICATIONS, AND REFRESHERS FOR INCUMBENT WORKERS SUPPORTING THOSE WHO ARE UNDER-EMPLOYED. TRAINING OUTCOMES: EACH YEAR, RESOURCE TRAINS OVER 300 INDIVIDUALS. BY PROVIDING CUSTOMIZED TRAINING TO EACH INDIVIDUAL'S NEEDS, AS WELL AS CERTIFICATIONS AND BASIC SOFT-SKILLS TRAINING NEEDED TO LAY THE GROUNDWORK FOR FUTURE EMPLOYMENT, TRAINEES DEVELOP THE PERSONAL AND PROFESSIONAL SKILLS NECESSARY TO SUCCEED IN THE WORKFORCE.IN 2023, RESOURCE ACHIEVED THE FOLLOWING IMPACTS WITHIN EACH MISSION AREA:ENVIRONMENTAL STEWARDSHIP:*KEPT 505 TONS OF GOODS OUT OF THE LANDFILL, SAVING 737,580 ITEMS FROM VERMONT'S ONLY LANDFILL*OUR WORKFORCE DEVELOPMENT TRAINEES COMPLETED 33 PUBLIC SERVICE PROJECTS, INCLUDING AFFORDABLE HOUSING, BASIC CONSTRUCTION, AND WEATHERIZATION PROJECTSPOVERTY RELIEF:*AWARDED OVER $70,000 IN ESSENTIAL GOODS VOUCHERS TO 1,400 VERMONTERS IN NEED*28 ESSENTIAL GOODS PARTNER AGENCIES ASSISTED IN RELIEVING POVERTY IN OUR COMMUNITIESTRAINING:*300 TRAINEES GAINED PROFESSIONAL SKILLS THROUGH OUR TRAINING PROGRAMS*75% OVERALL PROGRAM GRADUATION RATE*95% OF TRAINEES EARNED INDUSTRY CERTIFICATIONS*$19.72 WAS THE AVERAGE STARTING WAGE FOR WORKFORCE DEVELOPMENT GRADUATES

Expenses $5,175,803 · Revenue $3,265,451

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

Listed in Part VII

CAROLYN DUBE

PRESIDENT

Total calculated

$0

Hours/week

2
HARRY FRANK

VICE PRESIDENT

Total calculated

$0

Hours/week

2
PAM BLUM

TREASURER

Total calculated

$0

Hours/week

2
KATHERINE ARTHAUD

SECRETARY

Total calculated

$0

Hours/week

2
BEN BOSHER

DIRECTOR

Total calculated

$0

Hours/week

2
CHARLES GINSBURG

DIRECTOR

Total calculated

$0

Hours/week

2
SHARON MORRISON

DIRECTOR

Total calculated

$0

Hours/week

2
JANICE SZABO

DIRECTOR

Total calculated

$0

Hours/week

2
BRENDA CAFORIA-WEEBER

DIRECTOR

Total calculated

$0

Hours/week

2
ERIC WEEBER

DIRECTOR

Total calculated

$0

Hours/week

2
NICHOLAS HARMON

DIRECTOR

Total calculated

$0

Hours/week

2
THOMAS LONGSTRETH

EXECUTIVE DIRECTOR

Total calculated

$118,224

From this org

$99,661

From related orgs

$0

Other

$18,563

Hours/week

40

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

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 5 November 2024
IRS schema version: 2023v5.1
Source object: 202433119349301423

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