Rutland Economic Development Corp logo

Rutland Economic Development Corp

RUTLAND, VT EIN: 03-0264949 Website

TO USE COLLABORATION, CREATIVITY, AND INGENUITY TO CREATE A REGIONAL ECONOMIC CLIMATE CONDUCIVE TO BUSINESS GROWTH BY RECRUITING TALENT AND BUSINESSES OF ALL KINDS, GROWING AND RETAINING EMPLOYERS, WHILE CREATING A BRIDGE TO COMMUNITY AND CULTURAL ORGANIZATIONS WHICH PROMOTE HEALTHY AND VIBRANT NEIGHBORHOODS AND ENHANCE THE QUALITY OF LIFE IN RUTLAND COUNTY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

-2.9% YoY

Annual Giving

$72K

Grant Count

1

Avg Grant Size

$72K

About Rutland Economic Development Corp

Based on IRS filings

Rutland Economic Development Corp is a nonprofit organization, based in RUTLAND, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 1 grants totaling $72K. Net investment income was $63K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Rutland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$569K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$3,849,591$3,964,933$2,569,298
Revenue$1,750,270$2,069,858$962,268
Expenses$1,701,026$1,166,276$752,699
Qualifying Distributions
Net Investment Income$63,459$35,074$23,982
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$54K$72K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

VERMONT FARMERS FOOD CEN…$72K

Grant Size Distribution

1 grants across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LYLE JEPSONEXECUTIVE DI$113K

From 2024 filing

NameTitleHoursCompensation
LYLE JEPSONEXECUTIVE DI40$113,300
SHANA LOUISELLEPRESIDENT1
RUSS MARSANVICE PRESIDE1
KAREN GARROWTREASURER1
DANIEL MORASECRETARY1
JOHN CASELLA IIIDIRECTOR1
SUE BISHOPDIRECTOR1
MARY COHENDIRECTOR1
SARAH FURMANDIRECTOR1
MARY ANN GOULETTEDIRECTOR1
GINA GROVEDIRECTOR1
ROLF HIRSCHMANNDIRECTOR1
CHRIS KEYSERDIRECTOR1
AMY LARAMIEDIRECTOR1
GREG MCCLALLENDIRECTOR1
BILL MOOREDIRECTOR1
TRACI MOOREDIRECTOR1
KELLEY ROBINSONDIRECTOR1
CAMERON SCHAEFERDIRECTOR1
MARK WERLEDIRECTOR1

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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