philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Vermont Bar Association

Not tax-deductible

Montpelier, VT501(c)(6)Since 1878Mutual / membership EIN 03-0196809Revenue $1.3M in FY2025

On file with the IRSvtbar.orgPo Box 100, 05601-0100 · Montpelier, VTTax-exempt since Dec 1971

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To foster respect for the rule of law by cultivating the science of jurisprudence, promoting reform in the law, facilitating the administration of justice, elevating the standards of the legal profession, cherishing a collegial spirit in the legal profession and perpetuating the memory of its members. The Vermont Bar Association, founded in 1878, is a Vermont non-for-profit corporation, the members of which are attorneys licensed to practice in the state of Vermont. The Bar Association currently serves approximately 2200 members. Its purpose is to assist the members in improving the practice of law, to cultivate the science of jurisprudence, to promote reform in the law, to facilitate the administration of justice, to elevate the standards of the legal profession, to cherish a collegial spirit among its members, and to perpetuate their memory. The Bar Association focuses on professionalism and education of its members by providing many continuing legal education programs.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 17 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $37K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$242K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Plus $2.2M in investments, Pt X · Ln 11–13
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$349K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+7% vs prior year
Spent
$1.3M
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$1.3M
FY2025▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$936K
FY2022$1.1M
FY2023$1.3M
FY2024$1.2M
FY2025$1.3M
Expenses
$1.3M
FY2025+0.04%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$827K
FY2022$984K
FY2023$1.2M
FY2024$1.3M
FY2025$1.3M
Net assets
$2.7M
FY2025▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$2.0M
FY2022$1.9M
FY2023$2.1M
FY2024$2.4M
FY2025$2.7M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

19 people listed on the 990; $242K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Robert Paolini
Executive Director
$150,000Pt VII · Sec A
Lisa M Maxfield
Associate Executive Direct
$91,620Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Robert Paolini$150,000$111,775$82,189———
Therese Corsones———$101,980$120,252$103,999
Lisa M Maxfield$91,620$91,708$104,613$78,408$67,970$64,525

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Vermont Bar Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes legal reform, justice, and professional standards to foster respect for the rule of law.

Questions for Vermont Bar Association

Tap to ask. Vermont Bar Association sees how many people are interested.

Your first name shows with your question. Vermont Bar Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · in their own filed words · FY2024
01

Continuing Legal Education

Licensed attorneys in vermont are required to complete 20 hours of mandatory continuing legal education every two years. The association offers live seminars, teleseminars, webinars and video replays on the latest developments as well as standard core curricula in many areas of substantive law, economics of practice, law office…

Pt IX · col B
02

Young Lawyers Section

A section of the vermont bar association for attorneys who have practices ten years or less AND/OR are 37 years of age and under. The young lawyers section sponsors a mid-winter meeting each year in montreal, but in 2021, the meeting was held virtually due to the pandemic.

Pt IX · col B
03

The Vermont Bar Journal

A quarterly magazine containing scholarly substantive articles, reviews and columns of interest to all legal professionals. It offers practice tools, profiles, interviews and other entertaining and educational information as well as classifieds and announcements.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Vermont Bar FoundationFY2021$22K
Total grants receivedfrom 1 funder$22K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.1M
Gifts and grantsLn 1h$151K
Investment incomeLn 3$26K
Money outPt IX
$1.3M
Ln 25
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$804K
Total assetsLn 16$3.0M
LiabilitiesLn 26$349K
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$151K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$26K
Other incomeLn 4–11$8K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$799K
Cash and savings togetherLn 1–2$804K
InvestmentsLn 11–13$2.2M
Land, buildings, equipmentLn 10c$38K
Total assetsLn 16$3.0M
LiabilitiesLn 26$349K
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 58
VolunteersI 617
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$869K$804K
InvestmentsLn 11–13$1.9M$2.2M
Land, buildings, equipmentLn 10c$32K$38K
Total assetsLn 16$2.8M$3.0M
LiabilitiesLn 26$433K$349K
Net assetsLn 32$2.4M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$270K
Other salaries and wagesLn 7$316K
Pension plan contributionsLn 8$15K
Other employee benefitsLn 9$64K
Payroll taxesLn 10$46K
Office expensesLn 13$6K
OccupancyLn 16$30K
TravelLn 17$11K
Conferences, conventions and meetingsLn 19$84K
Depreciation, depletion and amortizationLn 22$2K
InsuranceLn 23$5K
Other expenses (24a–d)Ln 24$234K
All other expensesLn 24e$213K
Total functional expensesLn 25$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.3M$1.3M−$12K$2.7M 990 PDF
FY2024 $1.2M$1.3M−$100K$2.4M 990 PDF
FY2023 $1.3M$1.2M$81K$2.1M 990 PDF
FY2022 $1.1M$984K$72K$1.9M 990 PDF
FY2021 $936K$827K$110K$2.0M 990 PDF
FY2020 $1.1M$1.0M$69K$1.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $1,284,187 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $118,456$151,255
I-9 Program service revenuePrior year $1,043,962$1,099,505
I-10 Investment incomePrior year $22,425$25,801
I-11 Other revenuePrior year $11,329$7,626
I-12 Total revenuePrior year $1,196,172$1,284,187
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $637,146$711,307
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $658,727$585,077
I-18 Total expensesPrior year $1,295,873$1,296,384
I-19 Revenue less expensesPrior year −$99,701−$12,197
Part VI · Governance 17 of 17 board members independent, 2 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,284,187 across 7 lines filed
Lines not itemized here account for $15,185 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$151,255
VIII-1h Total contributions, gifts and grants$151,255
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,084,320$1,084,320
VIII-3 Investment incomeExcluded from tax $25,801$25,801
VIII-6 Net rental income or lossExcluded from tax −$4,325−$4,325
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,951$11,951
VIII-12 Total revenueRelated to mission $1,097,271 · Unrelated business $14,185 · Excluded from tax $21,476$1,284,187
Part IX · Statement of functional expenses $1,296,384 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$269,548
IX-7 Other salaries and wages$315,532
IX-8 Pension plan contributions$15,426
IX-9 Other employee benefits$64,307
IX-10 Payroll taxes$46,494
IX-13 Office expenses$6,031
IX-16 Occupancy$30,183
IX-17 Travel$10,517
IX-19 Conferences, conventions and meetings$84,352
IX-22 Depreciation, depletion and amortization$2,121
IX-23 Insurance$5,340
IX-24 Other expenses (24a–d)$233,535
IX-24e All other expenses$212,998
IX-25 Total functional expenses$1,296,384
Part X · Balance sheet $3,027,811 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $134,303$5,353
X-2 Savings and temporary cash investmentsStart of year $734,773$799,135
X-4 Accounts receivable$1,600
X-9 Prepaid expenses and deferred chargesStart of year $17,162$15,419
X-10c Land, buildings and equipment, netStart of year $31,920$38,098
X-11 Publicly traded securitiesStart of year $1,899,251$2,168,206
X-16 Total assetsStart of year $2,817,409$3,027,811
X-17 Accounts payable and accrued expenses$5,991
X-19 Deferred revenueStart of year $405,806$318,618
X-25 Other liabilitiesStart of year $26,760$24,810
X-26 Total liabilitiesStart of year $432,566$349,419
X-27 Net assets without donor restrictionsStart of year $485,592$510,186
X-28 Net assets with donor restrictionsStart of year $1,899,251$2,168,206
X-32 Total net assets or fund balancesStart of year $2,384,843$2,678,392
X-33 Total liabilities and net assetsStart of year $2,817,409$3,027,811
Part XI · Reconciliation of net assets $2,678,392 net assets at year end
XI-1 Total revenue$1,284,187
XI-2 Total expenses$1,296,384
XI-3 Revenue less expenses−$12,197
XI-4 Net assets at start of year$2,384,843
XI-5 Net unrealized gains (losses) on investments$257,719
XI-9 Other changes in net assets$48,027
XI-10 Net assets at end of year$2,678,392

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.