Central Vermont Economic
Industrial and commercial development.
Central Vermont Economic at a glance
- Total assets
- $444,377
- -33.3% vs 2024
- Revenue (2025)
- $351,285
- -80.1% vs 2024
- Net investment income (2025)
- $17,389
- -62.8% vs 2024
- Expenses (2025)
- $539,713
- -68.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Central Vermont Economic funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Central Vermont Economic gives
- Giving held roughly steady from 2020 to 2023 (−5%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $15K (2023) to $30K (2022). In 2023 it made 1 grant totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Positive Pie Inc Montpelier, VT | Grant Passthrough | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $444,377 | $351,285 | $539,713 | — | — | $17,389 |
| 2024 | $666,162 | $1,763,428 | $1,734,387 | — | — | $46,723 |
| 2023 | $686,091 | $420,153 | $451,255 | $15,000 | 1 | $18,116 |
| 2022 | $706,920 | $295,591 | $289,800 | $30,000 | 2 | $15,654 |
| 2021 | $743,752 | $289,677 | $292,271 | — | — | $11,208 |
| 2020 | $765,732 | $248,347 | $255,512 | $15,801 | 1 | $12,787 |
About Central Vermont Economic
Based on IRS filings
Central Vermont Economic is a public charity, based in Montpelier, VT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $444K in total assets. Net investment income was $17K.
Leadership & Key People
Officers and directors from IRS filings
Central Vermont Economic is led by Edward Larson, Chair since 2025 (on filings since 2020); 1 of 21 officers listed in 2025 is compensated.
Officers on the 2025 filing
Edward Larson
Chair
Director → Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Jim Tringe
Chair Outgo
Director → Chair, 2024
Chair → Chair Outgo, 2025
On filings since 2020
1 hr/week
No compensation reported
Al Flory
Director
On filings since 2020
1 hr/week
No compensation reported
Annemarie Todd
Director
On filings since 2020
1 hr/week
No compensation reported
Dave Rubel
Director
On filings since 2020
1 hr/week
No compensation reported
Gunner McCain
Director
Immediate Past Chair → Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Mark Nicholson
Director
On filings since 2020
1 hr/week
No compensation reported
Peter Hood
Director
Treasurer → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Peter Ricker
Director
Chair → Past Chair, 2021
Past Chair → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Rob Boulanger
Director
On filings since 2021
1 hr/week
No compensation reported
Maureen Hebert
Director
Director → Vice Chair, 2024
Vice Chair → Director, 2025
On filings since 2022
1 hr/week
No compensation reported
Bob Pope
Director
On filings since 2024
1 hr/week
No compensation reported
Jim Kurrle
Director
On filings since 2024
1 hr/week
No compensation reported
Lorraine Keener
Director
On filings since 2024
1 hr/week
No compensation reported
Megan Foster
Director
On filings since 2024
1 hr/week
No compensation reported
Monica Urquhart
Director
On filings since 2024
1 hr/week
No compensation reported
Melissa Bounty
Former Executive D
Executive Di → Former Executive D, 2025
On filings since 2023
40 hrs/week
$57K (2023) → $91K (2025)
Reuben Stone
Treasurer
Director → Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Christian Meyer
Ex-Officio
Director → Ex-Officio, 2025
On filings since 2024
1 hr/week
No compensation reported
Jody Emerson
Vice Chair
Director → Vice Chair, 2025
On filings since 2024
1 hr/week
No compensation reported
Jeannette Kingsbury
Ex-Officio
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (15)
- Former: James Stewart (2020–2024) — Prior Executive D
- Former: Kevin Eschelbach (2020–2024) — Director
- Former: Kevin Lord (2020–2024) — Director
- Former: Steven Dellinger-Pate (2020–2024) — Director
- Former: Danielle Pelczarski (2022–2024) — Secretary
- Former: Bonnie Waninger (2020–2023) — Director
- Former: John Lyon (2020–2023) — Director
- Former: Keith Jones (2020–2023) — Director
- Former: Marino Bartolomei (2020–2023) — Director
- Former: Robert Patterson (2020–2023) — Chair
- Former: Robert Pope (2020–2023) — Director
- Former: Candice White (2020–2021) — Secretary
- Former: David Whalley (2020–2021) — Director
- Former: Gary Sexton (2020–2021) — Director
- Former: Francis McFaun (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 $91K, to Melissa Bounty (Former Ex. D).
Frequently asked questions about Central Vermont Economic
How large is Central Vermont Economic?
Central Vermont Economic reported $444K in total assets on its 2025 IRS Form 990. Its revenue that year was $351K.
Where does Central Vermont Economic operate?
Central Vermont Economic has awarded grants in Vermont.
What is Central Vermont Economic's EIN?
Central Vermont Economic's EIN (Employer Identification Number) is 03-0260892. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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