2025-04-22T10:51:29-04:00 2024-12-31 030302296 KITTELL BRANAGAN & SARGENT 154 N MAIN ST ST ALBANS VT 05478 990 2024-01-01 222864900 VERMONT COMMUNITY LOAN FUND VERM 8022231448 PO BOX 827 MONTPELIER VT 05601 WILLIAM BELONGIA EXECUTIVE DIRECTOR 8022231448 2025-04-17 true true ANDREW BACHAND CPA P01281230 8025249531 2025-04-17 2024 2025-03-06 01:10:19Z WILLIAM BELONGIA 1851 SHAW MANSION ROAD WATERBURY CENTER VT 05677 3729488 false X WWW.VCLF.ORG X 1987 INVESTING IN PEOPLE AND COMMUNITIES TO CREATE A JUST AND THRIVING VERMONT 10 10 22 0 813902 1022337 1655219 1925925 681347 780746 106539 480 3257007 3729488 0 0 1670875 1869415 0 116866 1484385 1317163 3155260 3186578 101747 542910 52714194 54034638 35096273 35873807 17617921 18160831 INVESTING IN PEOPLE AND COMMUNITIES TO CREATE A JUST AND THRIVING VERMONT false false 2410187 1925925 THE ORGANIZATION IS A MISSION-DRIVEN, COMMUNITY-FOCUSED ALTERNATIVE LENDER. WE MAKE LOANS TO LOCAL BUSINESSES, COMMUNITY ORGANIZATIONS & NONPROFITS, CHILD CARE PROVIDERS AND DEVELOPERS OF AFFORDABLE HOUSING WHO DON'T QUALIFY FOR A LOAN FROM A TRADITIONAL LENDER. WE COMBINE OUR LOANS WITH FINANCIAL CONSULTING AND BUSINESS DEVELOPMENT SERVICES TO MAKE SURE OUR BORROWERS HAVE ACCESS TO ALL THE TOOLS THEY NEED TO SUCCEED. 2410187 true true false true false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 568 0 true 22 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true false false VT X X KATHERINE NELSON 8022231448 PO BOX 827 MONTPELIER VT 05601 WILLIAM BELONGIA EXECUTIVE DI 40.00 X 223731 0 12687 KATHERINE NELSON EMPLOYEE 40.00 X 133680 0 8184 JAKE IDE EMPLOYEE 40.00 X 132283 0 8114 DANIEL WINSLOW EMPLOYEE X 105808 0 6790 SARAH PHILLIPS EMPLOYEE X 104000 0 6700 DR ASMA ALI ABUNAIB MEMBER X 0 0 0 ARNE HAMMARLUND TREASURER X X 0 0 0 GWEN POKALO HART PRESIDENT X X 0 0 0 KIM KEISER MEMBER X 0 0 0 CHLOE LEAREY MEMBER X 0 0 0 IRA MARVIN MEMBER X 0 0 0 MATTHEW PLASSE MEMBER X 0 0 0 JANET SPITLER MEMBER X 0 0 0 STEPHANIE WERNHOFF VICE PRESIDE X X 0 0 0 MICHAEL THOMPSON SECRETARY X 0 0 0 699502 42475 5 false true false 275971 746366 1022337 LOAN INTEREST 522291 1697372 1697372 FINANCING CHARGES 522291 160091 160091 ADMIN FEE INCOME 68462 68462 1925925 780746 780746 BAD DEBT RECOVERY 525990 480 480 480 3729488 1926405 780746 223731 223731 1341507 1027546 244792 69169 46797 37052 6006 3739 145250 115003 18642 11605 112130 88780 14391 8959 4860 1215 3645 46630 46630 47331 42598 4733 9915 7436 1983 496 111262 83447 22252 5563 8329 6247 1666 416 543035 543035 59405 44554 11881 2970 24023 18017 4805 1201 LOAN LOSS PROVISION 186138 186138 CONSULTANTS 102646 71852 30794 OUTREACH 30498 27448 3050 FISCAL SPONSOR ADMIN FEES 20036 20036 123055 89783 28307 4965 3186578 2410187 659525 116866 279123 299927 11817576 15186374 29626616 31298254 54111 50239 418528 265502 174856 153026 9612360 6066555 75000 125000 186639 192638 420565 246117 467348 416508 52714194 54034638 324284 411177 1427083 1618303 5276003 5716840 27594326 27634588 474577 492899 35096273 35873807 X 13872344 14114741 3745577 4046090 17617921 18160831 52714194 54034638 542910 X false true X true true true X 1931623 4364906 1276536 813902 1022337 9409304 1931623 4364906 1276536 813902 1022337 9409304 9409304 101586 56574 152980 681347 780746 1773233 116950 62762 24515 111199 68942 384368 11566905 9003568 0.81350 0.85840 X PART II, LINE 10 RECOVERY OF BAD DEBT AND OTHER INC. 384,368 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12105 12105 12105 2421 605 9684 false 1241 1472 1997 2421 7131 10697 6206 7362 9986 12105 35659 310 368 499 605 1782 2673 120643 42593 78050 297885 222909 74976 153026 LEASE LIABILITY 427683 BORROWER DEPOSITS 65216 492899 3729488 3729488 3729488 3186578 3186578 3186578 X false false false false false false false false false WILLIAM BELONGIA EXECUTIVE DIRECTOR 223731 12687 236418 FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C VCLF MONITORS AND ENFORCES THEIR CONFLICT OF INTEREST POLICY BY HAVING BOARD MEMBERS SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY ATTESTING TO KNOWLEDGE OF THE POLICY AND COMPLIANCE WITH DISCLOSURE. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECTIVE DIRECTOR'S SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WITH INPUT FROM RECENT SALARY SURVEYS OF SIMILAR ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 19 THE FINANCIAL STATEMENT AUDIT REPORTS AND ANNUAL REPORTS ARE AVAILABLE ON THE VERMONT COMMUNITY LOAN FUND WESBSITE AND UPON REQUEST.