Brattleboro Development Credit Corporation
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, 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.
Key facts about Brattleboro Development Credit Corporation
In short: Brattleboro Development Credit Corporation gave $148K across 4 grants in 2025 (avg $37K), mostly in Vermont. Source: 2025 IRS Form 990.
- EIN
- 03-6010485
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $147,600
- Grants made (2025)
- 4
- Average grant
- $36,900
- Median grant
- $38,176
- Total assets
- $20,084,094
- Primary geography
- Vermont (82% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$20.1M
+12.9% YoY
Annual Giving
$148K
-58.0% YoY
Grant Count
4
-66.7% YoY
Avg Grant Size
$37K
+26.1% YoY
How Brattleboro Development Credit Corporation gives
- Giving held roughly steady from 2022 to 2025 (+19%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Brattleboro Development Credit Corporation
Based on IRS filings
Brattleboro Development Credit Corporation is a public charity focused on Community Improvement & Capacity Building, based in Brattleboro, VT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $20.1M in total assets. In 2025, it awarded 4 grants totaling $148K. Net investment income was $427K.
Focus Areas
Open Grants
5 open opportunities from Brattleboro Development Credit Corporation
Cooperative Internship Program
Brattleboro Development Credit Corporation
Amount
$48,000
Deadline
Deadline not published
Fast Tracks to Success - Workforce Development Program
Brattleboro Development Credit Corporation
Amount
$18,000
Deadline
Deadline not published
Green Building Cluster Study & Southern Vermont Business Innovation Accelerator
Brattleboro Development Credit Corporation
Amount
$265,000 (federal); $530,000 (total project with matching funds)
Deadline
Deadline not published
Ready to take the next step with Brattleboro Development Credit Corporation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $124K (2022) to $2.0M (2021). In 2025 it made 4 grants totaling $148K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Southeast Vermont Transit ($56K). Together the top 4 received $148K.
Grant Size Distribution
223 grants across all recorded years
The most common grant size was under $50K: 216 grants of 223 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southeast Vermont Transit Wilmington, VT | Technical Assistance | $56,248 |
| Seveds Brattleboro, VT | Regional Developement | $50,000 |
| Ethiopian Community Development Council Arlington, VA | New American/Refugee Support | $26,352 |
| Vermont Employee Ownership Center Burlington, VT | Technical Assistance | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $20,084,094 | $17,790,310 | $29,036,082 |
| Revenue | $6,319,873 | $5,989,794 | $5,445,267 |
| Expenses | $5,202,362 | $4,883,462 | $4,738,385 |
| Net Investment Income | $426,829 | $693,749 | $416,800 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS February 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS February 7, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS January 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 17, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 3, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
Leadership & Key People
Officers and directors from IRS filings
Brattleboro Development Credit Corporation is led by Adam Grinold, Executive Director on every filing since 2019; 3 of 14 officers listed in 2025 are compensated.
Officers on the 2025 filing
Adam Grinold
Executive Director
On filings since 2019
40 hrs/week
$123K (2019) → $160K (2025)
Craig Miskovich
Chair
Trustee → Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Bobbi Kilburn
Director of Finance
On filings since 2023
40 hrs/week
$116K (2023) → $137K (2025)
Jen Stromsten
Director of Programs
On filings since 2024
40 hrs/week
$103K (2024) → $108K (2025)
Dan Normandeau
Trustee
On filings since 2019
1 hr/week
No compensation reported
Kevin Meyer
Trustee
On filings since 2019
1 hr/week
No compensation reported
Mark Richards
Trustee
On filings since 2019
1 hr/week
No compensation reported
Stephan Morse
Trustee
On filings since 2019
1 hr/week
No compensation reported
Elizabeth Bridgewater
Trustee
On filings since 2022
1 hr/week
No compensation reported
Tracey John
Trustee
On filings since 2022
1 hr/week
No compensation reported
Bob Stevens
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
John Meyer
Assistant Treasurer
On filings since 2019
1 hr/week
No compensation reported
Tammy Richards
Vice Chair
Vice President → Vice Chair, 2022
On filings since 2019
1 hr/week
No compensation reported
Debbie Boyle
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Deborah Boyle (2019–2024) — Treasurer
- Former: Phil Steckler (2019–2024) — Trustee -
- Former: Robert Stevens (2019–2024) — Trustee
- Former: Peter Carvell (2022–2024) — Trustee -
- Former: Steve Gordon (2019–2021) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $160K, to Adam Grinold (Executive Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Brattleboro Development Credit Corporation
How much does Brattleboro Development Credit Corporation give each year?
Brattleboro Development Credit Corporation gave $148K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $351K across 12 grants.
What is Brattleboro Development Credit Corporation's typical grant size?
Brattleboro Development Credit Corporation's median grant in 2025 was $38,176, and its average grant was $36,900, across 4 grants on its 2025 IRS Form 990.
Where does Brattleboro Development Credit Corporation give grants?
Brattleboro Development Credit Corporation gives mostly in Vermont: 82% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Virginia (18%).
Does Brattleboro Development Credit Corporation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Brattleboro Development Credit Corporation's 2025 IRS Form 990 were described as general or operating support.
How large is Brattleboro Development Credit Corporation?
Brattleboro Development Credit Corporation reported $20.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.3M.
What is Brattleboro Development Credit Corporation?
Brattleboro Development Credit Corporation is a public charity focused on Community Improvement & Capacity Building, based in Brattleboro, VT. It holds $20.1M in total assets as of 2025.
What is Brattleboro Development Credit Corporation's EIN?
Brattleboro Development Credit Corporation's EIN (Employer Identification Number) is 03-6010485. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Brattleboro Development Credit Corporation by hand.
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