Form 990 for tax year 2023
Filed by VERMONT FOUNDATION OF RECOVERY INC.
Totals
- Total revenue
- $1,414,811
- Total expenses
- $1,023,129
- Contributions and grants received
- $1,008,123
- Grants paid
- $0
- Program service revenue
- $389,268
- Investment income
- $5,882
- Other revenue
- $11,538
- Total assets, end of year
- $935,611
- Total liabilities, end of year
- $1,741
- Net assets or fund balances, end of year
- $933,870
- Program services expenses (Part IX)
- $841,564
- Management and general expenses
- $181,565
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $841,564
Program services were 82.3% 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.
-
1c · Fundraising events
$5,320
-
1e · Government grants (contributions)
$907,011
-
1f · All other contributions, gifts and grants
$95,792
-
1g · Noncash contributions included above
$6,700
-
2a · Program service revenue: Recovery Services
total $389,268 · related or exempt $389,268
-
3 · Investment income
total $6,417 · excluded $6,417
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $4,421
-
7b · Less cost or other basis and sales expenses
securities $4,956
-
7c · Gain or loss
securities -$535
-
7d · Net gain or loss
total -$535 · excluded -$535
-
8a · Fundraising events: gross income
$28,860
-
8a · Fundraising events: contributions included on line 1c
$5,320
-
8b · Fundraising events: direct expenses
$17,322
-
8c · Net income from fundraising events
total $11,538 · excluded $11,538
-
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 $0
-
2 · Grants to domestic individuals
total $0
-
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 $37,404 · management and general $37,404
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $473,411 · program services $407,048 · management and general $66,363
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $40,118 · program services $40,118
-
10 · Payroll taxes
total $41,509 · program services $33,077 · management and general $8,432
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,500 · management and general $2,500
-
11c · Fees: accounting
total $2,000 · management and general $2,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $3,746 · program services $2,985 · management and general $761
-
12 · Advertising and promotion
total $1,521 · management and general $1,521
-
13 · Office expenses
total $8,000 · management and general $8,000
-
14 · Information technology
total $38,115 · management and general $38,115
-
15 · Royalties
total $0
-
16 · Occupancy
total $301,632 · program services $301,632
-
17 · Travel
total $24,416 · program services $24,416
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,028 · program services $3,028
-
20 · Interest
total $291 · management and general $291
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $14,566 · program services $14,566
-
24a · Other expenses: Memberships and Subscriptions
total $10,846 · management and general $10,846
-
24b · Other expenses: Supplies - Drug Testing
total $8,491 · program services $8,491
-
24c · Other expenses: Other Costs
total $3,250 · management and general $3,250
-
24d · Other expenses: Team Building
total $3,144 · program services $3,144
-
24e · All other expenses
total $5,141 · program services $3,059 · management and general $2,082
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $24,565 · end of year $86,496
-
2 · Savings and temporary cash investments
beginning of year $420,044 · end of year $722,174
-
3 · Pledges and grants receivable
end of year $0
-
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
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $96,701 · end of year $120,487
-
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
beginning of year $5,269 · end of year $6,454
-
25 · Other liabilities
beginning of year $4,391 · end of year $1,741
-
27 · Net assets without donor restrictions
beginning of year $542,188 · end of year $933,870
Mission and programs · 2023
Mission
Our mission is to create a state wide network of Recovery Homes to help people suffering from Substance Use Disorder, re-assimilate into society by supporting the transitions from active use, to recovery, to independent living.
-
During the 06/30/24 fiscal year, Vermont Foundation of Recovery operated 8 Recovery Homes with 56 beds. During the year, 121 people were provided services and resided in the recovery homes.
Expenses $841,564 · Revenue $389,268
As filed on the 2023 return.
Listed in Part VII
-
David Riegel
Executive Dir.
- Total calculated
- $37,404
- From this org
- $37,404
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Melissa Riegel-Garrett
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Karen Ryan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joannie Sabin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anne Latulippe
Past President
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Mugford
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ron Stankevich
President
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Truckle
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
John Rogers
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Mary Elkins
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 9 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500999349301010
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