2026-01-21T07:18:35-06:00 2025-08-31 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2024-09-01 260030908 THE DREAM PROGRAM INC DREA 8025785978 PO BOX 361 WINOOSKI VT 05404 MICHAEL FOOTE CEO 8025785978 2026-01-19 1 0 CONNIE FELLION P01875413 8026581808 2026-01-19 2024 2025-03-06 01:10:19Z MICHAEL FOOTE PO BOX 361 WINOOSKI VT 05404 4131194 0 X WWW.DREAMPROGRAM.ORG X 2001 VT EMPOWER CHILDREN FROM AFFORDABLE HOUSING NEIGHBORHOODS TO ACHIEVE THEIR DREAMS. 23 23 287 650 0 0 4320655 3730089 202558 233292 25024 24403 17460 10366 4565697 3998150 0 11955 0 0 2690059 1812157 0 0 267910 937900 2114781 3627959 3938893 937738 59257 3451433 3548429 373467 364897 3077966 3183532 THE DREAM PROGRAM BUILDS COMMUNITIES OF FAMILIES AND COLLEGE STUDENTS THAT EMPOWER CHILDREN FROM AFFORDABLE HOUSING NEIGHBORHOODS TO RECOGNIZE THEIR OPTIONS, MAKE INFORMED DECISIONS, AND ACHIEVE THEIR DREAMS. 0 0 3062528 11955 236045 THE DREAM PROGRAM PROVIDES YOUTH DEVELOPMENT OPPORTUNITIES TO OVER 600 YOUTH WHO LIVE IN AFFORDABLE HOUSING COMMUNITIES ACROSS VERMONT, MASSACHUSETTS, AND PENNSYLVANIA. THIS INCLUDES WEEKLY MENTORING FOR YOUTH AGES 5 TO 18, AFTERSCHOOL ENRICHMENT OPPORTUNITIES INLUDING HOMEWORK HELP, AS WELL AS, SUMMER ENRICHMENT PROGRAMMING WHICH INCLUDES ON-SITE ACTIVITIES SUCH AS ARTS AND CRAFTS, GAMES, TUTORING, AND SMALL TRIPS TO LOCAL EDUCATIONAL AND RECREATIONAL VENUES. THE DREAM PROGRAM ALSO RUNS CAMP DREAM, A RUSTIC OVERNIGHT CAMP EXPERIENCE LOCATED ON METCALF POND IN NORTHERN VERMONT WHERE YOUTH CAN PARTICIPATE IN ACTIVITIES SUCH AS HIKING, SWIMMING, GARDENING, AND OTHER ENVIRONMENTAL EDUCATION ACTIVITIES. 3062528 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 287 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MA PA X MICHAEL FOOTE 8026559015 PO BOX 361 WINOOSKI VT 05404 RAY SORRENTINI BOARD CHAIR 2.00 X X 0 0 0 NEAL WARREN TREASURER 2.00 X X 0 0 0 ROSEMARY COURTNEY SECRETARY 2.00 X X 0 0 0 AINSLEY BRODERICK DIRECTOR 2.00 X 0 0 0 BAILEY RUHM DIRECTOR 2.00 X 0 0 0 CATHERINE WELCH DIRECTOR 2.00 X 0 0 0 ERIC GROBERG DIRECTOR 2.00 X 0 0 0 FRANCIE MIDDLETON DIRECTOR 2.00 X 0 0 0 GABRIELA RODRIGUEZ DIRECTOR 2.00 X 0 0 0 JESSICA DOW DIRECTOR 2.00 X 0 0 0 JON POTTER DIRECTOR 2.00 X 0 0 0 KYLE KOWALSKI DIRECTOR 2.00 X 0 0 0 NOAH PORTNOY DIRECTOR 2.00 X 0 0 0 SAM GLICKMAN DIRECTOR 2.00 X 0 0 0 SEAN MATTHEWS DIRECTOR 2.00 X 0 0 0 TIM WRIGHT DIRECTOR 2.00 X 0 0 0 TOM WILSON DIRECTOR 2.00 X 0 0 0 KATIE GOLDSTEIN DIRECTOR 2.00 X 0 0 0 LUANNE DEXTER DIRECTOR 2.00 X 0 0 0 THOMAS DEMAIO DIRECTOR 2.00 X 0 0 0 RACHEL KEIR DIRECTOR 2.00 X 0 0 0 GARETH OWENS DIRECTOR 2.00 X 0 0 0 TRACEY NEWTON DIRECTOR 2.00 X 0 0 0 MICHAEL FOOTE CEO 40.00 X 93647 0 2359 93647 0 2359 0 0 0 0 0 2659959 1070130 133044 3730089 HOUSING AUTHORITIES 624100 233292 233292 233292 24366 24366 7613 0 7613 7613 7613 133081 133044 37 37 37 OTHER INCOME 900099 2753 2753 2753 3998150 236045 0 32016 11955 11955 89811 63813 16781 9217 1348670 958265 251988 138417 146193 103874 27315 15004 227483 161633 42503 23347 90403 90403 49275 49275 150 150 144225 57742 25365 61118 77553 27328 45647 4578 16644 16644 56801 45441 5680 5680 7749 7749 70866 70866 94277 67614 17210 9453 STIPENDS & BACKGROUND C 1151014 1151014 VILLAGE MENTORING 161553 161553 ACTIVITIES 76624 71548 5076 CONTRACTORS 35602 24921 10681 82045 68317 12632 1096 3938893 3062528 608455 267910 338752 307215 483023 693722 30000 129305 147173 2167 1939665 338008 1526991 1601657 971195 768662 3451433 3548429 70558 86835 302909 278062 373467 364897 X 2925066 3052480 152900 131052 3077966 3183532 3451433 3548429 X 59257 -1159 47468 X 0 1 X 1 1 1 X 2340338 2458138 2699200 4320655 3730089 15548420 2340338 2458138 2699200 4320655 3730089 15548420 35633 15512787 4398 8236 16585 33745 31979 94943 15535 1429 8739 2753 28456 15671819 927625 0.98990 0.92810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 971195 0 60569 0 258888 4214 768662 89286 1025000 132365 273569 1887 971195 83001 7850 664 901 89286 97396 -12811 744 840 83001 78242 20932 673 1105 97396 1.00000 0.00000 0.00000 1 0 264400 264400 1333145 189709 1143436 277016 132964 144052 65104 15335 49769 1601657 BENEFICIAL INTEREST IN ASSETS HELD BY VCF 768662 768662 X 4044459 -1159 47468 46309 3998150 0 3998150 3938893 0 3938893 0 3938893 PART X, LINE 2: THE ORGANIZATION ANNUALLY FILES AN IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, TAX RETURN IN THE U.S. FEDERAL JURISDICTION, AS WELL AS STATE FILINGS IN VARIOUS STATE JURISDICTIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS PRIOR TO AUGUST 31, 2022. IN THE NORMAL COURSE OF BUSINESS, THE ORGANIZATION IS SUBJECT TO THE EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, MANAGEMENT OF THE ORGANIZATION BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT AUGUST 31, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: BENEFICIAL INTEREST 47,468. 0 UNIVERSITY OF VERMONT AIKEN CENTER 81 CARRIGAN DRIVE BURLINGTON VT 05405 030179440 501(C)(3) 7911 0 TUITION PAYMENTS 1 X 4 133044 AVERAGE SHARE PRICE 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE DREAM PROGRAM MAKES THE 990 AVAILABLE FOR ALL BOARD MEMBERS TO REVIEW PRIOR TO FILING VIA THEIR WEBSITE AND UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND BOARD MEMBERS RECEIVE THE CONFLICT OF INTEREST POLICY ANNUALLY. EVERY RECIPIENT MUST SIGN OFF ON THIS POLICY, INDICATING THAT THEY RECEIVED AND ARE IN COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 (A) THE DREAM BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE PROCESS OCCURS DURING THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR AND INCLUDES THE USE OF AVAILABLE COMPARATIVE DATA ON SIMILAR POSITIONS IN ORGANIZATIONS OF SIMILAR SIZE. FOR EXAMPLE, EACH YEAR THE DREAM BOARD OF DIRECTORS REVIEWS THE "ANNUAL SALARY REPORT" FROM THE NOONMARK CONSULTING GROUP TO DETERMINE A PROPER EXECUTIVE SALARY. THERE IS DELIBERATION ON THE OVERALL COMPENSATION PACKAGE AND THE FULL BOARD VOTES ON THE EXECUTIVE DIRECTOR SALARY. (B) THE EXECUTIVE DIRECTOR REVIEWS OFFICER AND KEY EMPLOYEE COMPENSATION ANNUALLY. ADJUSTMENTS ARE BASED UPON MARKET-RATES, PERFORMANCE, AND RESOURCES AVAILABLE AND COMPENSATION RATES ARE APPROVED ALONG WITH THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE DREAM PROGRAM MAKES ALL GOVERNING DOCUMENTS, IRS FORM 990S, AND FINANCIAL STATEMENTS AVAILABLE ON THEIR WEBSITE AND THEY POST ANNOUNCEMENTS OF THE AVAILABILITY IN MONTHLY NEWSLETTERS. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST IN VCF 47,468.