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Vermont Low Income Trust For Electricity Inc

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.05M (2023)

Expenses
$768k (2023)

Total Assets
$10.5M (2023)

Total Liabilities
$632k (2023)

Source: Form 990 tax filings from 2012 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
$1,051,940
Expenses
$768,383
Net Income
$283,557
Net Assets
$9,830,384
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,051,940
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,462,749
Total Liabilities $632,365
Net Assets $9,830,384
Compensation
Key Employees and Officers Compensation Related Other
Sarah Hofmann (Treasurer) $1,400 $0 $0
Anthony Klein (President) $1,400 $0 $0
Richard Rubin (Vice President) $1,000 $0 $0
Hal Cohen (Secretary) $1,000 $0 $0
Larry Lackey (Director) $1,000 $0 $0
Peter Walke (Director) $600 $0 $0
Amy Shollenberger (Director) $600 $0 $0
Gabrielle Malina (Executive Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,034,669
Expenses
$1,531,710
Net Income
-$497,041
Net Assets
$9,531,301
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,034,669
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,644,565
Total Liabilities $1,113,264
Net Assets $9,531,301
Compensation
Key Employees and Officers Compensation Related Other
Richard Rubin (Vice President) $750 $0 $0
Hal Cohen (Secretary) $750 $0 $0
Anthony Klein (President (6/22)) $750 $0 $0
Sarah Hofmann (Treasurer) $0 $0 $0
Peter Walke (Director) $0 $0 $0
Larry Lackey (Director) $0 $0 $0
Amy Shollenberger (Director) $0 $0 $0
Richard Marron (Past President (6/22)) $0 $0 $0
Gabrielle Malina (Executive Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,034,699
Expenses
$1,446,068
Net Income
-$411,369
Net Assets
$10,028,342
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,034,699
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,869,108
Total Liabilities $840,766
Net Assets $10,028,342
Compensation
Key Employees and Officers Compensation Related Other
Hal Cohen (Secretary) $1,390 $0 $0
Tony Klein (Director) $647 $0 $0
Richard Marron (President) $629 $0 $0
Richard Rubin (Vice President) $600 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Sarah Hofmann (Treasurer) $0 $0 $0
Peter Walke (Director) $0 $0 $0
Gabrielle Malina (Executive Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,034,946
Expenses
$646,778
Net Income
$388,168
Net Assets
$10,439,227
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,034,946
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,950
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,897,095
Total Liabilities $457,868
Net Assets $10,439,227
Compensation
Key Employees and Officers Compensation Related Other
Richard Rubin (Vice President) $1,200 $0 $0
Richard Marron (President) $750 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Hal Cohen (Secretary) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Tony Klein (Director) $0 $0 $0
Peter Walke (Director) $0 $0 $0
Gabrielle Malina (Executive Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,293,233
Expenses
$704,048
Net Income
$589,185
Net Assets
$10,051,059
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,293,233
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $69,081
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,522,559
Total Liabilities $471,500
Net Assets $10,051,059
Compensation
Key Employees and Officers Compensation Related Other
Paul Craven (Executive Dir.) $69,081 $0 $0
Richard Rubin (Vice President) $900 $0 $0
Hal Cohen (Secretary) $900 $0 $0
Richard Marron (President) $600 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Tony Klein (Director) $0 $0 $0
Peter Walke (Director) $0 $0 $0
Gabrielle Malina (Executive Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$882,124
Expenses
$1,040,095
Net Income
-$157,971
Net Assets
$9,461,874
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $882,124
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $66,448
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,819,207
Total Liabilities $357,333
Net Assets $9,461,874
Compensation
Key Employees and Officers Compensation Related Other
Richard Marron (President) $0 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Richard Rubin (Vice President) $0 $0 $0
Hal Cohen (Secretary) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Tony Klein (Director) $0 $0 $0
Peter Walke (Director) $0 $0 $0
Paul Craven (Executive Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,034,746
Expenses
$603,692
Net Income
$431,054
Net Assets
$9,619,845
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,034,746
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $70,814
11.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,001,546
Total Liabilities $381,701
Net Assets $9,619,845
Compensation
Key Employees and Officers Compensation Related Other
Paul Craven (Executive Dir.) $70,814 $0 $0
Richard Marron (President) $600 $0 $0
Richard Rubin (Vice President) $600 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Hal Cohen (Secretary) $0 $0 $0
Charles Ross (Director) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Scott Johnstone (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,034,615
Expenses
$936,318
Net Income
$98,297
Net Assets
$9,188,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,034,615
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $71,373
7.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,763,087
Total Liabilities $574,296
Net Assets $9,188,791
Compensation
Key Employees and Officers Compensation Related Other
Paul Craven (Executive Dir.) $71,373 $0 $0
Richard Marron (President) $600 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Richard Rubin (Vice President) $0 $0 $0
Hal Cohen (Secretary) $0 $0 $0
Charles Ross (Director) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Scott Johnstone (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,034,942
Expenses
$1,027,058
Net Income
$7,884
Net Assets
$9,090,495
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,034,942
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $64,837
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,983,146
Total Liabilities $892,651
Net Assets $9,090,495
Compensation
Key Employees and Officers Compensation Related Other
Paul Craven (Executive Dir.) $64,837 $0 $0
Richard Rubin (Vice President) $1,950 $0 $0
Richard Marron (President) $600 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Hal Cohen (Secretary) $0 $0 $0
Charles Ross (Director) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Scott Johnstone (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,037,062
Expenses
$1,909,202
Net Income
-$872,140
Net Assets
$9,082,611
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,037,062
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $58,099
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,038,183
Total Liabilities $955,572
Net Assets $9,082,611
Compensation
Key Employees and Officers Compensation Related Other
Paul Craven (Executive Dir.) $58,099 $0 $0
Richard Marron (President) $0 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Richard Rubin (Vice President) $0 $0 $0
Hal Cohen (Secretary) $0 $0 $0
Charles Ross (Director) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Scott Johnstone (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,037,455
Expenses
$844,812
Net Income
$192,643
Net Assets
$9,954,750
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,037,455
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $56,057
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,614,753
Total Liabilities $660,003
Net Assets $9,954,750
Compensation
Key Employees and Officers Compensation Related Other
Paul Craven (Executive Dir.) $56,057 $0 $0
Richard Marron (President) $0 $0 $0
Annie Noonan (Treasurer) $0 $0 $0
Richard Ruben (Vice President) $0 $0 $0
Hal Cohen (Secretary) $0 $0 $0
Charles Ross (Director) $0 $0 $0
Pat Moulton Powden (Director) $0 $0 $0
Scott Johnstone (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,766,360
Expenses
$4,253
Net Income
$9,762,107
Net Assets
$9,762,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,990,300
92.1%
Program Services $0
Investment Income $776,060
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,762,107
Total Liabilities $0
Net Assets $9,762,107

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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