Champlain Islanders Developing Essential Resources INC EIN 05-0471886

Champlain Islanders Developing Essential Resources INC FY2024 filing

EIN  05-0471886 Public charity (501(c)(3)) South Hero, VT Founded 2008
Form 990 (PDF)
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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 · $83K
Money in and out
$806K revenue, $768K expenses
Bottom line
72% program efficiency

Provides essential resources to help Grand Isle County residents live with dignity in their community. For fiscal year 2024 it reported $806K in revenue, $768K in expenses, and $779K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$806K
Pt VIII · Ln 12
Total expenses
$768K
Pt IX · Ln 25
Net assets
$779K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $38K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.26 Fundraising $0.02
Program efficiency
72%
of spending reaches programs
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$806K
FY2024▲ +14%
Expenses
$768K
FY2024▲ +5%
Total assets
$937K
FY2024▲ +1%
Total liabilities
$157K
FY2024▼ -16%
Total revenue
$806K
Pt VIII · Ln 12
Total expenses
$768K
Pt IX · Ln 25
Net assets
$779K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$937K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

3 program services account for $556K of program spending, described in the organization's own filed words · FY2023.
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.

$453Kprogram 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…

$75Kprogram 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.

$28Kprogram 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 1a17
Independent voting membersPt VI · Ln 1b17
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$83,382Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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$585K · 73%
Contributions & grants$205K · 25%
Investment income$8K · 1%
Other revenue$7K · 1%
Program service revenue73%$585K
Contributions & grants25%$205K
Investment income1%$8K
Other revenue1%$7K
Total revenueLn 12$806K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.26 Fundraising $0.02
Program services72%$556K
Management & general26%$198K
Fundraising2%$14K
Total functional expensesLn 25$768K

Balance Sheet

Part X · end of year
CashLn 1$155K
Total assetsLn 16$937K
Total liabilitiesLn 26$157K
Total net assetsLn 32$779K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $155K · Operating expenses/yr $768K
2.4 months
Where the money goes
Program services
Program services $556K · Total expenses $768K
72%
Management & General
Management & general $198K · Total expenses $768K
26%
Fundraising
Fundraising $14K · Total expenses $768K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $54K · Solicited contributions (3-yr avg) $213K
$0.25 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $205K · Total revenue $806K
25%
Government reliance
Government grants — · Total revenue $806K
Earned-income share
Program service revenue $585K · Total revenue $806K
73%
Investment reliance
Investment income $8K · Total revenue $806K
+1%
Program self-sufficiency
Program service revenue $585K · Total expenses $768K
76%
Growth & trend
Revenue growth (YoY)
This year $806K · Prior year $708K
+14%
Revenue CAGR
FY2019 $467K · FY2023 $806K
+15%
Net-asset trend (YoY)
End of year $779K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $806K · Expenses $768K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $937K
Net-asset ratio
Net assets $779K · Total assets $937K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $937K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jordan Posner · Reported title Executive Director · Highest reported compensation $83K · Total expenses $768K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $476K · Total expenses $768K
62%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 26%
Fundraising cost ratio 7%
Revenue growth 14%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%

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 · viewing · ⤓ 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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