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BRATTLEBORO DEVELOPMENT CREDIT CORPORATION

EIN 03-6010485 BRATTLEBORO, VT

Revenue 2024
$6,319,873
Expenses 2024
$5,202,362

As filed

Subsection
06
NTEE code
S41
Classification
3000
Street
76 COTTON MILL ROAD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

BRATTLEBORO DEVELOPMENT CREDIT CORPORATION (BDCC), IS A PRIVATE, NONPROFIT ECONOMIC DEVELOPMENT ORGANIZATION THAT SERVES AS A CATALYST FOR INDUSTRIAL AND COMMERCIAL GROWTH THROUGHOUT SOUTHEASTERN VERMONT, INCLUDING WINDHAM COUNTY AND THE TOWNS OF READSBORO, (SEE SCH. O)SEARSBURG, WESTON, AND WINHALL. THE PRIMARY OBJECTIVE OF BDCC IS TO INVEST IN THE DRIVERS OF THE REGIONAL ECONOMY SO THAT PEOPLE, BUSINESSES, AND COMMUNITIES IN SOUTHERN VERMONT CAN THRIVE. OUR VISION STATEMENT READS: PEOPLE WHO LOVE SOUTHERN VERMONT HAVE OPPORTUNITIES TO THRIVE HERE.

Activities or mission (Part I)

BRATTLEBORO DEVELOPMENT CREDIT CORPORATION (BDCC), IS A PRIVATE, NONPROFIT (SEE SCH. O)ECONOMIC DEVELOPMENT ORGANIZATION THAT SERVES AS A CATALYST FOR INDUSTRIAL AND COMMERCIAL GROWTH THROUGHOUT SOUTHEASTERN VERMONT, INCLUDING WINDHAM COUNTY AND THE TOWNS OF READSBORO, SEARSBURG, WESTON, AND WINHALL. THE PRIMARY OBJECTIVE OF THE BDCC IS TO INVEST IN THE DRIVERS OF THE REGIONAL ECONOMY SO THAT PEOPLE, BUSINESSES, AND COMMUNITIES IN SOUTHERN VERMONT CAN THRIVE. OUR VISION STATEMENT READS: PEOPLE WHO LOVE SOUTHERN VERMONT HAVE OPPORTUNITIES TO THRIVE HERE.

  • REAL ESTATE: OPERATION OF INDUSTRIAL BUILDINGS AND SEVERAL LOTS IN THE EXIT ONE INDUSTRIAL PARK, HOUSING IN EXCESS OF 50 BUSINESSES, EMPLOYING IN EXCESS OF 350 PEOPLE. THE ORGANIZATION PREVIOUSLY ACQUIRED OLDER, UNOCCUPIED INDUSTRIAL BUILDINGS VACATED BY MAJOR EMPLOYERS AND CONVERTED THE BUILDINGS TO FACILITIES TARGETED TO STARTUP BUSINESSES, AND TO SUPPORT REGIONAL EMPLOYERS AS THEY LOOK TO GROW AND EXPAND. THE ORGANIZATION PROVIDES ADMINISTRATIVE AND MANAGEMENT SUPPORT TO THESE BUSINESSES, AND TO THE SOUTHERN VERMONT REGION.

  • DEVELOPMENT PROJECTS: BDCC HAS ENTERED INTO AGREEMENTS, IN SUPPORT OF AFFILIATED ENTITIES; BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS, INC. AND BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS II, INC., ON BEHALF OF SPECIFIC EXPANSION PROJECTS FOR THE BENEFIT OF REGIONAL EMPLOYERS PROVIDING OPPORTUNITIES FOR GROWTH AND JOB CREATION.

  • ADMINISTERING BDCC'S STRATEGIC PROJECTS / PROGRAMS, FUNDED FROM INTERNAL SOURCES, FEDERAL, STATE, AND PRIVATE FOUNDATION GRANTS, INCLUDING WORKFORCE INTIATIVES, BUSINESS SUPPORT & LENDING, COMMUNITY DEVELOPMENT INITIATIVES, AND WINDHAM COUNTY ECONOMIC DEVELOPMENT PROGRAM.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CRAIG MISKOVICH

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • TAMMY RICHARDS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DEBBIE BOYLE

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JOHN MEYER

    ASST. TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BOB STEVENS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAN NORMANDEAU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK RICHARDS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KEVIN MEYER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TRACEY JOHN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH BRIDGEWATER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • STEPHAN MORSE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ADAM GRINOLD

    EXECUTIVE DIRECTOR

    Total calculated
    $165,274
    From this org
    $159,863
    From related orgs
    $0
    Other
    $5,411
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $159,863
    Bonus
    $0
    Other
    $0
    Deferred
    $5,411
    Nontaxable benefits
    $0
    Filer's total
    $165,274

  • BOBBI KILBURN

    DIRECTOR OF FINANCE

    Total calculated
    $163,971
    From this org
    $136,869
    From related orgs
    $0
    Other
    $27,102
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $136,869
    Bonus
    $0
    Other
    $0
    Deferred
    $4,641
    Nontaxable benefits
    $22,461
    Filer's total
    $163,971

  • JEN STROMSTEN

    DIRECTOR OF PROGRAMS

    Total calculated
    $112,012
    From this org
    $108,335
    From related orgs
    $0
    Other
    $3,677
    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. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $6,319,873
    Expenses
    $5,202,362
    Contributions
    $1,994,453
    Grants paid
    $203,724
  • 2023
    Revenue
    $5,989,794
    Expenses
    $4,883,462
    Contributions
    $1,891,286
    Grants paid
    $635,457
  • 2022
    Revenue
    $5,445,267
    Expenses
    $4,738,385
    Contributions
    $1,741,775
    Grants paid
    $428,241

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $6,512,672
    Expenses
    $4,545,344
    Assets (EOY)
    $36,714,715

  • 2020 · 990

    Revenue
    $6,662,012
    Expenses
    $5,975,636
    Assets (EOY)
    $32,397,294

  • 2019 · 990

    Revenue
    $4,130,891
    Expenses
    $3,619,367
    Assets (EOY)
    $29,604,782

  • 2018 · 990

    Revenue
    $4,229,000
    Expenses
    $3,820,276
    Assets (EOY)
    $28,635,501

  • 2017 · 990

    Revenue
    $4,270,278
    Expenses
    $3,817,479
    Assets (EOY)
    $28,250,629

  • 2016 · 990

    Revenue
    $4,462,639
    Expenses
    $3,983,490
    Assets (EOY)
    $27,878,698

  • 2015 · 990

    Revenue
    $6,768,981
    Expenses
    $6,433,151
    Assets (EOY)
    $14,180,294

  • 2014 · 990

    Revenue
    $3,045,414
    Expenses
    $2,933,729
    Assets (EOY)
    $5,388,208

  • 2013 · 990

    Revenue
    $2,965,514
    Expenses
    $3,015,074
    Assets (EOY)
    $5,285,509

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $2,041,288
    Assets (EOY)
    $5,170,594

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

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

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.