PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Lake Champlain Islands Economic Development Corporation

  • North Hero, VT
  • Tax-exempt since July 2014
  • EIN: 32-0390821

Organization summary

Type of Nonprofit

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

Category: Community Improvement, Capacity Building N.E.C. (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$144k (2023)

Expenses
$158k (2023)

Total Assets
$146k (2023)

Total Liabilities
$66.8k (2023)

Source: Form 990 tax filings from 2013 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 Sept.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$144,223
Expenses
$158,410
Net Income
-$14,187
Net Assets
$79,110
Notable Sources of Revenue Percent of Total Revenue
Contributions $111,809
77.5%
Program Services $3,845
2.7%
Investment Income $34
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,510
10.8%
Assets/Debt
Total Assets $145,939
Total Liabilities $66,829
Net Assets $79,110
Compensation
Key Employees and Officers Compensation Other
Andrew Julow (Executive Director) $48,048 $0
Dan Farnham (Director) $0 $0
Melissa Morissette (Director) $0 $0
Jason Hanny (Director) $0 $0
Ember Boyle (Director) $0 $0
Nate Hayward (Director) $0 $0
Heather Darby (Director) $0 $0
Phil Scott (Director) $0 $0
Karen Mccloud (President) $0 $0
Larry Dubin (Treasurer) $0 $0
+ View more people

Document Links

990-EZ
Filed on July 26, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$141,921
Expenses
$153,510
Net Income
-$11,589
Net Assets
$93,297
Notable Sources of Revenue Percent of Total Revenue
Contributions $112,508
79.3%
Program Services $8,860
6.2%
Investment Income $14
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,014
9.9%
Assets/Debt
Total Assets $166,766
Total Liabilities $73,469
Net Assets $93,297
Compensation
Key Employees and Officers Compensation Other
Cheryl Potvin (Executive Director (Jan Jul)) $31,148 $0
Andy Julow (Executive Director (July Dec)) $27,692 $0
Karen Mc Cloud (President/Secretary) $0 $0
Larry Dubin (Treasurer) $0 $0
Nate Hayward (Director) $0 $0
Dan Farnham (Director) $0 $0
Melissa Morrissette (Director) $0 $0
Heather Darby (Director) $0 $0
Philip Scott (Director) $0 $0
Jason Hanny (Director) $0 $0
Ember Boyle (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on March 28, 2023

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$128,642
Expenses
$133,944
Net Income
-$5,302
Net Assets
$104,886
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,190
79.4%
Program Services $17,449
13.6%
Investment Income $3
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,000
7.0%
Assets/Debt
Total Assets $166,381
Total Liabilities $61,495
Net Assets $104,886
Compensation
Key Employees and Officers Compensation Other
Sherri Potvin (Executive Director (Oct Jun)) $51,180 $0
Karen Mc Cloud (President/Secretary) $0 $0
Larry Dubin (Treasurer) $0 $0
Nate Hayward (Director) $0 $0
Dan Farnham (Director) $0 $0
Tonya Poutry (Director) $0 $0
Melissa Morrissette (Director) $0 $0
Heather Darby (Director) $0 $0
Philip Scott (Director) $0 $0
Jason Hanny (Director) $0 $0
Ember Boyle (Director) $0 $0
Robert Camp (Director) $0 $0
Andrew Julow (Executive Director (May Sep)) $0 $0
+ View more people

Document Links

990-EZ
Filed on July 15, 2022

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$119,381
Expenses
$130,138
Net Income
-$10,757
Net Assets
$110,188
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,120
85.5%
Program Services $8,251
6.9%
Investment Income $9
0.0%
Net Fundraising $1
0.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,000
7.5%
Assets/Debt
Total Assets $173,741
Total Liabilities $63,553
Net Assets $110,188
Compensation
Key Employees and Officers Compensation Other
Sherri Potvin (Executive Director) $50,040 $0
Karen Mc Cloud (President/Secretary) $0 $0
Robert Camp (Treasurer) $0 $0
Nate Hayward (Director) $0 $0
Dan Farnham (Director) $0 $0
Tonya Poutry (Director) $0 $0
Melissa Morrissette (Director) $0 $0
Heather Darby (Director) $0 $0
Larry Dubin (Director) $0 $0
David Graham (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on Aug. 2, 2021

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$119,105
Expenses
$117,744
Net Income
$1,361
Net Assets
$120,945
Notable Sources of Revenue Percent of Total Revenue
Contributions $96,714
81.2%
Program Services $3,002
2.5%
Investment Income $15
0.0%
Net Fundraising $559
0.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,815
15.8%
Assets/Debt
Total Assets $189,295
Total Liabilities $68,350
Net Assets $120,945
Compensation
Key Employees and Officers Compensation Other
Sherri Potvin (Executive Director) $43,190 $0
Dave Lane (President) $0 $0
Karen Mc Cloud (Vice President/Secretary) $0 $0
Bob Camp (Treasurer) $0 $0
Paul Bruhn (Director) $0 $0
Nate Hayward (Director) $0 $0
Dan Farnham (Director) $0 $0
Tonya Poutry (Director) $0 $0
Melissa Morrissette (Director) $0 $0
Heather Darby (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on July 8, 2020

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$126,855
Expenses
$90,907
Net Income
$35,948
Net Assets
$119,584
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,164
80.5%
Program Services $4,933
3.9%
Investment Income $8
0.0%
Net Fundraising $1,298
1.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,452
14.5%
Assets/Debt
Total Assets $191,693
Total Liabilities $72,109
Net Assets $119,584
Compensation
Key Employees and Officers Compensation Other
Janice Marinelli (Executive Director (Oct Dec 2017)) $39,000 $0
Walter Blasberg (President) $0 $0
Bob Camp (Vice President) $0 $0
Karen Mccloud (Secretary) $0 $0
Joe Bauer (Treasurer) $0 $0
Paul Bruhn (Director) $0 $0
Nate Hayward (Director) $0 $0
Dan Farnham (Director) $0 $0
Tonya Poutry (Director) $0 $0
Dave Lane (Director) $0 $0
Sherri Potvin (Executive Director (Jan Sep 2018)) $0 $0
+ View more people

Document Links

990-EZ
Filed on June 18, 2019

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$91,059
Expenses
$93,795
Net Income
-$2,736
Net Assets
$83,636
Notable Sources of Revenue Percent of Total Revenue
Contributions $66,773
73.3%
Program Services $6,368
7.0%
Investment Income $30
0.0%
Net Fundraising $638
0.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,250
18.9%
Assets/Debt
Total Assets $160,118
Total Liabilities $76,482
Net Assets $83,636
Compensation
Key Employees and Officers Compensation Other
Janice Marinelli (Executive Director) $39,000 $0
Walter Blasberg (President) $0 $0
Bob Camp (Vice President) $0 $0
Karen Mccloud (Secretary) $0 $0
Joe Bauer (Treasurer) $0 $0
Paul Bruhn (Director) $0 $0
Nate Hayward (Director) $0 $0
Dan Farnham (Director) $0 $0
Carol Tremble (Director) $0 $0
Dave Lane (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on June 8, 2018

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$121,946
Expenses
$112,516
Net Income
$9,430
Net Assets
$86,372
Notable Sources of Revenue Percent of Total Revenue
Contributions $99,560
81.6%
Program Services $6,239
5.1%
Investment Income $0
Net Fundraising -$1,103
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,250
14.1%
Assets/Debt
Total Assets $165,139
Total Liabilities $78,767
Net Assets $86,372
Compensation
Key Employees and Officers Compensation Other
Janice Marinelli (Executive Director) $10,769 $0
Walter Blasberg (President) $0 $0
Bob Livingstone (Vice President) $0 $0
Karen Mccloud (Secretary) $0 $0
Joe Bauer (Treasurer) $0 $0
Paul Bruhn (Director) $0 $0
Bob Camp (Director) $0 $0
Dan Farnham (Director) $0 $0
Carol Tremble (Director) $0 $0
Dave Lane (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on Feb. 13, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$111,113
Expenses
$111,915
Net Income
-$802
Net Assets
$76,942
Notable Sources of Revenue Percent of Total Revenue
Contributions $87,338
78.6%
Program Services $4,058
3.7%
Investment Income $17
0.0%
Net Fundraising -$900
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,600
18.5%
Assets/Debt
Total Assets $158,419
Total Liabilities $81,477
Net Assets $76,942
Compensation
Key Employees and Officers Compensation Other
Steven Stata (President) $0 $0
Bob Livingstone (Vice President) $0 $0
Walter Blasberg (Secretary) $0 $0
Joe Bauer (Treasurer) $0 $0
Paul Bruhn (Director) $0 $0
Bob Camp (Director) $0 $0
Dan Farnham (Director) $0 $0
Karen Mccloud (Director) $0 $0
Carol Tremble (Director) $0 $0
Ruth Wallman (Executive Director) $0 $0
Jan Marinelli (Executive Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on Feb. 2, 2016

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$105,012
Expenses
$86,445
Net Income
$18,567
Net Assets
$77,744
Notable Sources of Revenue Percent of Total Revenue
Contributions $82,282
78.4%
Program Services $6,800
6.5%
Investment Income $13
0.0%
Net Fundraising $167
0.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,750
15.0%
Assets/Debt
Total Assets $162,285
Total Liabilities $84,541
Net Assets $77,744
Compensation
Key Employees and Officers Compensation Other
Steven Stata (President) $0 $0
Bob Livingstone (Vice President) $0 $0
Walter Blasberg (Secretary) $0 $0
Joe Bauer (Treasurer) $0 $0
Paul Bruhn (Director) $0 $0
Bob Camp (Director) $0 $0
Dan Farnham (Director) $0 $0
Karen Mccloud (Director) $0 $0
Carol Tremble (Director) $0 $0
Ruth Wallman (Executive Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on May 14, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$84,587
Expenses
$73,176
Net Income
$11,411
Net Assets
$59,177
Notable Sources of Revenue Percent of Total Revenue
Contributions $58,001
68.6%
Program Services $5,354
6.3%
Investment Income $0
Net Fundraising $3,393
4.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,839
21.1%
Assets/Debt
Total Assets $145,846
Total Liabilities $86,669
Net Assets $59,177

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated