Champlain Islanders Developing Essential Resources INC EIN 05-0471886

Champlain Islanders Developing Essential Resources INC

EIN  05-0471886 Public charity (501(c)(3)) South Hero, VT Founded 2008
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides essential resources to help Grand Isle County residents live with dignity in their community.
Leadership
Jordan Posner · Executive Director · $88K
Money in and out
$999K revenue, $985K expenses
Bottom line
77% program efficiency

Provides essential resources to help Grand Isle County residents live with dignity in their community. For fiscal year 2024 it reported $999K in revenue, $985K in expenses, and $769K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$999K
Pt VIII · Ln 12
Total expenses
$985K
Pt IX · Ln 25
Net assets
$769K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.21 Fundraising $0.03
Program efficiency
77%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
3.0mo
months of highly liquid reserves at operating expense rate▲ +25% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▼ -69% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$999K
FY2024▲ +24%
Expenses
$985K
FY2024▲ +28%
Total assets
$930K
FY2024▼ -1%
Total liabilities
$160K
FY2024▲ +2%
Total revenue
$999K
Pt VIII · Ln 12
Total expenses
$985K
Pt IX · Ln 25
Net assets
$769K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$930K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

3 program services account for $756K of program spending, described in the organization's own filed words · FY2024.
01

Transportation

CIDER provides essential, door-to-door transportation to Champlain Island senior and persons with disabilities using its own drivers and vehicles and by coordinating the work of volunteers using their own vehicles. Most of the trip destinations are to St.

$618Kprogram expense
02

Senior Meals Program

With expanded funding from the United Way and direct donations to the program, CIDER operates a senior community meal program know as The Neighbor. Nutritious home cooked meals are prepared by CIDERs Chef with home help and assistance from volunteers and provided four times weekly at a local church and through the Meals on Wheels…

$103Kprogram expense
03

Other Programs

The monthly CIDER Press newsletter, ramp, building and other accessibility projects, a special needs equipment lending closet, development activities for a future housing project, and a number of health, fitness and educational programs.

$34Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChamplain Islanders Developing Essential Resources INC
EINHdr · item D05-0471886
Principal addressHdr · item CSouth Hero, VT
WebsiteHdr · item Jcidervt.org
Year of formationHdr · item L2008
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P00L)
Ruling yearIRS BMFAug 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$88,340Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jordan Posner’s $88K as Executive Director is at the 79th percentile of top reported officer pay among 2164 $100K–1M human services 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 · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Robin Way$95,858
Jordan Posner$88,340$83,382$80,188
Robin Way$86,727$75,383
Jordan Posner$6,917

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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Statement of Revenue

Part VIII
Program service revenue$823K · 82%
Contributions & grants$158K · 16%
Other revenue$13K · 1%
Program service revenue82%$823K
Contributions & grants16%$158K
Other revenue1%$13K
Investment income$5K
Total revenueLn 12$999K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.21 Fundraising $0.03
Program services77%$756K
Management & general21%$204K
Fundraising3%$25K
Total functional expensesLn 25$985K

Balance Sheet

Part X · end of year
CashLn 1$248K
Total assetsLn 16$930K
Total liabilitiesLn 26$160K
Total net assetsLn 32$769K
Months of cash on handcomputed3.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $248K · Operating expenses/yr $985K
3.0 months
Where the money goes
Program services
Program services $756K · Total expenses $985K
77%
Management & General
Management & general $204K · Total expenses $985K
21%
Fundraising
Fundraising $25K · Total expenses $985K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $48K · Solicited contributions (3-yr avg) $184K
$0.26 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $158K · Total revenue $999K
16%
Government reliance
Government grants — · Total revenue $999K
Earned-income share
Program service revenue $823K · Total revenue $999K
82%
Investment reliance
Investment income $5K · Total revenue $999K
0%
Program self-sufficiency
Program service revenue $823K · Total expenses $985K
84%
Growth & trend
Revenue growth (YoY)
This year $999K · Prior year $806K
+24%
Revenue CAGR
FY2019 $467K · FY2024 $999K
+16%
Net-asset trend (YoY)
End of year $769K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $999K · Expenses $985K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $930K
Net-asset ratio
Net assets $769K · Total assets $930K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $930K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jordan Posner · Reported title Executive Director · Highest reported compensation $88K · Total expenses $985K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $624K · Total expenses $985K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 21%
Fundraising cost ratio 16%
Revenue growth 24%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$32K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$806K revenue · ⤓ 990 PDF
FY2023$708K revenue · ⤓ 990 PDF
FY2022$630K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$467K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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