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Association Of Vermont Credit Unions Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$652k (2023)

Expenses
$606k (2023)

Total Assets
$3.45M (2023)

Total Liabilities
$252k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$652,145
Expenses
$605,716
Net Income
$46,429
Net Assets
$3,195,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $429,406
65.8%
Program Services $0
Investment Income $28,515
4.4%
Bond Proceeds $0
Royalties $61,315
9.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $132,909
20.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $349,218
57.7%
Professional Fundraising Fees $0
Other Salaries and Wages $345,745
57.1%
Assets/Debt
Total Assets $3,447,862
Total Liabilities $252,315
Net Assets $3,195,547
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $180,066 $0 $25,796
Christine Davidson (Vice President) $104,722 $0 $38,634
Sean Gammon (Director) $0 $0 $0
Carrie Lin Allen (Chair) $0 $0 $0
Rick Hommel (Vice Chair) $0 $0 $0
Robert Lake (Director) $0 $0 $0
Jean Giard (Director) $0 $0 $0
Brett Smith (Secretary) $0 $0 $0
Lisa Huyer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$895,464
Expenses
$767,372
Net Income
$128,092
Net Assets
$3,147,859
Notable Sources of Revenue Percent of Total Revenue
Contributions $429,815
48.0%
Program Services $0
Investment Income $54,436
6.1%
Bond Proceeds $0
Royalties $94,920
10.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $316,293
35.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $379,292
49.4%
Professional Fundraising Fees $0
Other Salaries and Wages $392,636
51.2%
Assets/Debt
Total Assets $3,292,350
Total Liabilities $144,491
Net Assets $3,147,859
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $214,290 $0 $26,216
Christine Davidson (Vice President) $103,069 $0 $35,717
Sean Gammon (Director) $0 $0 $0
Carrie Lin Allen (Chair) $0 $0 $0
Rick Hommel (Vice Chair) $0 $0 $0
Greg Hahr (Director) $0 $0 $0
Jean Giard (Director) $0 $0 $0
Brett Smith (Secretary) $0 $0 $0
Lisa Huyer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$630,564
Expenses
$473,222
Net Income
$157,342
Net Assets
$3,020,463
Notable Sources of Revenue Percent of Total Revenue
Contributions $394,121
62.5%
Program Services $0
Investment Income $83,169
13.2%
Bond Proceeds $0
Royalties $125,445
19.9%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,829
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $360,862
76.3%
Professional Fundraising Fees $0
Other Salaries and Wages $372,198
78.7%
Assets/Debt
Total Assets $3,178,247
Total Liabilities $157,784
Net Assets $3,020,463
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $190,211 $0 $34,141
Christine Davidson (Vice President) $101,396 $0 $35,114
Sean Gammon (Director) $0 $0 $0
Carrie Lin Allen (Chair) $0 $0 $0
Rick Hommel (Vice Chairperson) $0 $0 $0
Greg Hahr (Director) $0 $0 $0
Jean Giard (Director) $0 $0 $0
Brett Smith (Secretary) $0 $0 $0
Lisa Huyer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$620,208
Expenses
$551,924
Net Income
$68,284
Net Assets
$2,863,121
Notable Sources of Revenue Percent of Total Revenue
Contributions $390,284
62.9%
Program Services $0
Investment Income $96,846
15.6%
Bond Proceeds $0
Royalties $119,737
19.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,341
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $346,329
62.7%
Professional Fundraising Fees $0
Other Salaries and Wages $395,117
71.6%
Assets/Debt
Total Assets $3,320,328
Total Liabilities $457,207
Net Assets $2,863,121
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $185,580 $0 $31,279
Christine Davidson (Vice President) $100,761 $0 $28,709
Sean Gammon (Chairperson) $0 $0 $0
Carrie Lin Allen (Vice Chairperson) $0 $0 $0
Rick Hommel (Secretary) $0 $0 $0
Greg Hahr (Director) $0 $0 $0
Jean Giard (Director) $0 $0 $0
Brett Smith (Director) $0 $0 $0
Lisa Huyer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$730,956
Expenses
$651,674
Net Income
$79,282
Net Assets
$2,794,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $366,842
50.2%
Program Services $0
Investment Income $97,915
13.4%
Bond Proceeds $0
Royalties $118,566
16.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $147,633
20.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $328,661
50.4%
Professional Fundraising Fees $0
Other Salaries and Wages $302,555
46.4%
Assets/Debt
Total Assets $2,901,053
Total Liabilities $106,216
Net Assets $2,794,837
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $171,129 $0 $29,210
Bryan Kent (Vice President) $113,956 $0 $12,981
Christine Davidson (Vice President) $1,385 $0 $0
Sean Gammon (Chairperson) $0 $0 $0
Carrie Lin Allen (Vice Chairperson) $0 $0 $0
Rick Hommel (Secretary) $0 $0 $0
Jeffrey Morse (Treasurer) $0 $0 $0
James St Peter (Director) $0 $0 $0
Brett Smith (Director) $0 $0 $0
Lisa Huyer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$853,321
Expenses
$662,420
Net Income
$190,901
Net Assets
$2,715,555
Notable Sources of Revenue Percent of Total Revenue
Contributions $342,895
40.2%
Program Services $0
Investment Income $250,889
29.4%
Bond Proceeds $0
Royalties $127,170
14.9%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $132,367
15.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $338,819
51.1%
Professional Fundraising Fees $0
Other Salaries and Wages $304,402
46.0%
Assets/Debt
Total Assets $2,840,426
Total Liabilities $124,871
Net Assets $2,715,555
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $170,687 $0 $27,484
Bryan Kent (Vice President) $124,190 $0 $16,459
Sean Gammon (Chairperson) $0 $0 $0
Carrie Lin Allen (Vice Chairperson) $0 $0 $0
Rick Hommel (Secretary) $0 $0 $0
Jeffrey Morse (Treasurer) $0 $0 $0
James St Peter (Director) $0 $0 $0
Brett Smith (Director) $0 $0 $0
Lisa Huyer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$668,944
Expenses
$669,372
Net Income
-$428
Net Assets
$2,524,654
Notable Sources of Revenue Percent of Total Revenue
Contributions $338,252
50.6%
Program Services $0
Investment Income $75,860
11.3%
Bond Proceeds $0
Royalties $117,629
17.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $137,203
20.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $307,497
45.9%
Professional Fundraising Fees $0
Other Salaries and Wages $316,349
47.3%
Assets/Debt
Total Assets $2,661,348
Total Liabilities $136,694
Net Assets $2,524,654
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $146,008 $0 $27,186
Bryan Kent (Vice President) $117,891 $0 $16,412
Sean Gammon (Chairperson) $0 $0 $0
Susan Poczobut (Vice Chairperson) $0 $0 $0
Jeffrey Morse (Treasurer) $0 $0 $0
Rick Hommel (Director) $0 $0 $0
James St Peter (Director) $0 $0 $0
Brett Smith (Director) $0 $0 $0
Carrie Lin Allen (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$636,267
Expenses
$592,646
Net Income
$43,621
Net Assets
$2,525,082
Notable Sources of Revenue Percent of Total Revenue
Contributions $332,411
52.2%
Program Services $0
Investment Income $50,059
7.9%
Bond Proceeds $0
Royalties $109,361
17.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $144,436
22.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $315,298
53.2%
Professional Fundraising Fees $0
Other Salaries and Wages $289,202
48.8%
Assets/Debt
Total Assets $2,613,034
Total Liabilities $87,952
Net Assets $2,525,082
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $157,560 $0 $26,503
Bryan Kent (Vice President) $115,245 $0 $15,990
Sean Gammon (Chairperson) $0 $0 $0
Susan Poczobut (Vice Chairperson) $0 $0 $0
Jeffrey Morse (Treasurer) $0 $0 $0
Bernard Isabelle (Director) $0 $0 $0
James St Peter (Director) $0 $0 $0
Bob Morgan (Director) $0 $0 $0
Carrie Lin Allen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$720,447
Expenses
$576,043
Net Income
$144,404
Net Assets
$2,481,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $326,839
45.4%
Program Services $0
Investment Income $142,034
19.7%
Bond Proceeds $0
Royalties $127,083
17.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $124,491
17.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $289,388
50.2%
Professional Fundraising Fees $0
Other Salaries and Wages $283,497
49.2%
Assets/Debt
Total Assets $2,564,196
Total Liabilities $82,735
Net Assets $2,481,461
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $145,824 $0 $24,916
Bryan Kent (Vice President) $106,419 $0 $15,218
Sean Gammon (Chairperson) $0 $0 $0
Susan Poczobut (Vice Chairperson) $0 $0 $0
Jeffrey Morse (Treasurer) $0 $0 $0
Bernard Isabelle (Director) $0 $0 $0
James St Peter (Director) $0 $0 $0
Bob Morgan (Director) $0 $0 $0
Carrie Lin Allen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$729,230
Expenses
$548,005
Net Income
$181,225
Net Assets
$2,337,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $319,256
43.8%
Program Services $0
Investment Income $152,025
20.8%
Bond Proceeds $0
Royalties $121,364
16.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $136,585
18.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $259,062
47.3%
Professional Fundraising Fees $0
Other Salaries and Wages $278,618
50.8%
Assets/Debt
Total Assets $2,404,011
Total Liabilities $66,954
Net Assets $2,337,057
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $124,122 $0 $21,120
Bryan Kent (Vice President) $102,184 $0 $12,491
Sean Gammon (Chairperson) $0 $0 $0
Susan Poczobut (Vice Chairperson) $0 $0 $0
Jeffrey Morse (Treasurer) $0 $0 $0
Bernard Isabelle (Director) $0 $0 $0
James St Peter (Director) $0 $0 $0
Bob Morgan (Director) $0 $0 $0
Carrie Lin Allen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$728,914
Expenses
$606,704
Net Income
$122,210
Net Assets
$2,155,832
Notable Sources of Revenue Percent of Total Revenue
Contributions $328,410
45.1%
Program Services $0
Investment Income $154,007
21.1%
Bond Proceeds $0
Royalties $106,877
14.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $139,620
19.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $252,849
41.7%
Professional Fundraising Fees $0
Other Salaries and Wages $266,576
43.9%
Assets/Debt
Total Assets $2,226,714
Total Liabilities $70,882
Net Assets $2,155,832
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Bergeron (President) $120,000 $0 $23,334
Bryan Kent (Vice President) $97,055 $0 $12,460
Sean Gammon (Chairperson) $0 $0 $0
Susan Poczobut (Vice Chairperson) $0 $0 $0
Jeffrey Morse (Treasurer) $0 $0 $0
Bernard Isabelle (Director) $0 $0 $0
James St Peter (Director) $0 $0 $0
Bob Morgan (Director) $0 $0 $0
Susan Best (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$695,509
Expenses
$578,759
Net Income
$116,750
Net Assets
$2,033,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $321,071
46.2%
Program Services $49,194
7.1%
Investment Income $89,404
12.9%
Bond Proceeds $0
Royalties $106,250
15.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $129,590
18.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $115,334
19.9%
Professional Fundraising Fees $0
Other Salaries and Wages $334,897
57.9%
Assets/Debt
Total Assets $2,088,885
Total Liabilities $55,263
Net Assets $2,033,622

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$720,757
Expenses
$520,598
Net Income
$200,159
Net Assets
$1,916,872
Notable Sources of Revenue Percent of Total Revenue
Contributions $306,609
42.5%
Program Services $52,224
7.2%
Investment Income $151,571
21.0%
Bond Proceeds $0
Royalties $92,179
12.8%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $118,174
16.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $108,225
20.8%
Professional Fundraising Fees $0
Other Salaries and Wages $310,118
59.6%
Assets/Debt
Total Assets $1,991,094
Total Liabilities $74,222
Net Assets $1,916,872

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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