Vermont Community Loan Fund logo

Vermont Community Loan Fund

Public charity · Grantmaker Montpelier, VT EIN: 22-2864900 Website

Investing in people and communities to create a just and thriving Vermont

Key facts about Vermont Community Loan Fund

EIN
22-2864900
Latest 990 filing
Form 990, 2025
Total assets
$60,301,600

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$60.3M

+11.6% YoY

Revenue

$3.8M

+2.2% YoY

Net Investment Income

$608K

-22.2% YoY

Expenses

$3.6M

+13.1% YoY

How Vermont Community Loan Fund gives

  • Giving fell 73% from 2019 to 2022. Method

From the foundation's IRS Form 990 filings. Methodology.

About Vermont Community Loan Fund

Based on IRS filings

Vermont Community Loan Fund is a public charity focused on Housing & Shelter, based in Montpelier, VT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $60.3M in total assets. Net investment income was $608K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BurlingtonChagrin FallsWillistonBenningtonBostonBrattleboroBridgewaterFairleeGeorgiaHardwickPlainfieldRutlandSeattleWaitsfieldWeybridge

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K9 grants2019 7 grants2020 3 grants2021 1 grant2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2022, annual grant giving ranged from $52K (2022) to $217K (2020). In 2022 it made 1 grant totaling $52K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M$8M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$60,301,600$54,034,638$52,714,194
Revenue$3,810,297$3,729,488$3,257,007
Expenses$3,604,389$3,186,578$3,155,260
Net Investment Income$607,677$780,746$681,347

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 1, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 29, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)

Leadership & Key People

Officers and directors from IRS filings

Vermont Community Loan Fund is led by Gwen Pokalo Hart, President on every filing since 2024; 5 of 15 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Gwen Pokalo Hart

    President

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jake Ide

    Employee

    On filings since 2019

    40 hrs/week

    $101K (2019) → $139K (2025)

  • William Belongia

    Executive Di

    On filings since 2019

    40 hrs/week

    $167K (2019) → $235K (2025)

  • Katherine Nelson

    Employee

    On filings since 2021

    40 hrs/week

    $104K (2021) → $140K (2025)

  • Daniel Winslow

    Employee

    On filings since 2024

    40 hrs/week

    $106K (2024) → $110K (2025)

  • Sarah Phillips

    Employee

    On filings since 2024

    40 hrs/week

    $104K (2024) → $110K (2025)

  • Arne Hammarlund

    Treasurer

    Member → Secretary, 2022

    Secretary → Treasurer, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Janet Spitler

    Member

    President → Member, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kim Keiser

    Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Stephanie Wernhoff

    Vice President

    Member → Treasurer, 2022

    Treasurer → Vice President, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Asma Ali Abunaib

    Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Chloe Learey

    Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Matthew Plasse

    Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Michael Thompson

    Secretary

    Member → Secretary, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Lorena Neironi Rossi

    Member

    New on the 2025 filing

    No compensation reported

Former officers (8)
  • Former: Ira Marvin (2019–2024) — Member
  • Former: Gwen Pokalo (2019–2023) — President
  • Former: Jose Aguayo (2020–2023) — Secretary
  • Former: Jim Maland (2019–2022) — Member
  • Former: Alec Barclay (2019–2021) — Secretary
  • Former: Nicki Steel (2019–2021) — Vice President
  • Former: Andrew Perchlik (2019) — Member
  • Former: Paul Hill Jr. (2019) — Employee

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

William Belongia — Executive Di: $235KWilliam BelongiaExecutive Di$235KKatherine Nelson — Employee: $140KKatherine NelsonEmployee$140KJake Ide — Employee: $139KJake IdeEmployee$139KDaniel Winslow — Employee: $110KDaniel WinslowEmployee$110KSarah Phillips — Employee: $110KSarah PhillipsEmployee$110K

The highest reported compensation on the 2025 filing was $235K, to William Belongia (Executive Di). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Vermont Community Loan Fund

How large is Vermont Community Loan Fund?

Vermont Community Loan Fund reported $60.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.8M.

What is Vermont Community Loan Fund?

Vermont Community Loan Fund is a public charity focused on Housing & Shelter, based in Montpelier, VT. It holds $60.3M in total assets as of 2025.

Where does Vermont Community Loan Fund operate?

Vermont Community Loan Fund has awarded grants in Massachusetts, Ohio, Vermont, Washington.

What is Vermont Community Loan Fund's EIN?

Vermont Community Loan Fund's EIN (Employer Identification Number) is 22-2864900. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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