Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1999.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $161K paid to officers and key staff.
Carolyn Alderman’s $180K as Executive Director, Secret is at the 96th percentile of top reported officer pay among 1043 $100K–1M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Carolyn Alderman | $180,367 | $168,454 | $161,238 | — | — | — |
| Carolyn Alderman | — | — | — | $154,593 | $148,971 | $143,408 |
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.
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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 15aNo
Programs and updates
Facilitates standard offer electricity supply for Vermont residents under state commission oversight.
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The state of vermont has initiated a unique system of electric power purchasing created in response to federal and state legislation. The public utilities regulatory policy act of 1978 (purpa) requires that electric utility companies purchase electricity offered by owners of certain qualifying electric generating facilities.
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By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.6M | $1.8M |
| Land, buildings, equipmentLn 10c | $8K | $7K |
| Total assetsLn 16 | $5.5M | $5.8M |
| LiabilitiesLn 26 | $5.4M | $5.6M |
| Net assetsLn 32 | $150K | $219K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $199K | $179K | $20K | |
| Other salaries and wagesLn 7 | $119K | $107K | $12K | |
| Pension plan contributionsLn 8 | $7K | $6K | $660 | |
| Other employee benefitsLn 9 | $24K | $22K | $2K | |
| Payroll taxesLn 10 | $21K | $19K | $2K | |
| Legal feesLn 11b | $5K | $5K | $507 | |
| Accounting feesLn 11c | $9K | $8K | $940 | |
| Other fees for servicesLn 11g | $10K | $9K | $1K | |
| Office expensesLn 13 | $10K | $9K | $1K | |
| OccupancyLn 16 | $11K | $6K | $5K | |
| TravelLn 17 | $720 | $720 | ||
| Conferences, conventions and meetingsLn 19 | $3K | $2K | $254 | |
| InterestLn 20 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $13K | $3K | $10K | |
| InsuranceLn 23 | $5K | $4K | $478 | |
| Other expenses (24a–d)Ln 24 | $66K | $65K | $556 | |
| Total functional expensesLn 25 | $504K | $445K | $59K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $549K | $536K | $14K | $233K | 990 PDF |
| FY2023 Viewing | $573K | $504K | $69K | $219K | 990 PDF |
| FY2022 | $539K | $481K | $58K | $150K | 990 PDF |
| FY2021 | $464K | $461K | $3K | $92K | 990 PDF |
| FY2020 | $557K | $544K | $13K | $89K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $573,152 across 3 lines filed
Part IX · Statement of functional expenses $504,106 across 16 lines filed
Part X · Balance sheet $5,776,576 assets, 12 lines filed
Part XI · Reconciliation of net assets $219,329 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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