NonprofitsVermont Low Income Trust For Electricity Inc

Community Improvement & Capacity Building

Vermont Low Income Trust For Electricity Inc

MONTPELIER, VT

Total revenue

$1.1M

Total expenses

$1.2M

Net assets

$9.7M

Grants received

EIN

455403701

Tax year

2024

Mission

Vlite provides grants for projects that address the energy needs of low and moderate income vermonters and further energy policies consistent with vermont's comprehensive energy plan and the naming of three independent directors to the board of velco.

Programs

1 program

Comprehensive energy planvlite provided funding through climate economy action center of addison county, vermont council on rural development, and town of fair haven, vt.

Expenses: $305KGrants: $305K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$1.1M
Other revenue
Total revenue$1.1M

Expenses

Grants paid$1.1M
Salaries & benefits
Fundraising
Other expenses$94K
Total expenses$1.2M
Total assets$10.6M
Net assets$9.7M

People

8 listed

NameRoleCompensation

ANTHONY KLEIN

PRESIDENT

Board

2 hrs/wk

PETER WALKE

VICE PRESIDENT

Board

1 hrs/wk

SARAH HOFMANN

TREASURER

Board

2 hrs/wk

LARRY LACKEY

SECRETARY

Board

1 hrs/wk

PAUL DRAGON

DIRECTOR

Board

1 hrs/wk

JEAN HAMILTON

DIRECTOR

Board

1 hrs/wk

AMY SHOLLENBERGER

DIRECTOR

Board

1 hrs/wk

GABRIELLE MALINA

EXECUTIVE DIR.

Board

1 hrs/wk

Details

EIN455403701
NTEE codeS20
Subsection04
Ruling date2014-01
Formed2011
Employees0
Volunteers9
VERMONT LOW INCOME TRUST FOR ELECTRICITY INC — Mission, Financials & Grants Received | Grantivo