CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC

EIN: 030216837 501(c)(3) Community Improvement

BURLINGTON, VT

Total Revenue
$36,856,036
Total Expenses
$37,951,967
Total Assets
$17,233,851
Net Assets
$12,231,424
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
VT
Principal Officer
PAUL DRAGON
Phone
8022877971
Tax Period
2024-10-01 to 2025-09-30

CHAMPLAIN VALLEY OFFICE OF ECONOMIC OPPORTUNITY INC, founded in 1965, is a mid-sized nonprofit in the Community Improvement sector that reported $36.9M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

CVOEO ADDRESSES FUNDAMENTAL ISSUES OF ECONOMIC, SOCIAL, RACIAL, AND ENVIRONMENTAL JUSTICE AND COLLABORATES WITH PEOPLE TO ACHIEVE ECONOMIC INDEPENDENCE.

Program Service Accomplishments

Program 1
Expenses: $6,651,217

CVOEO PROVIDED A WIDE VARIETY OF VITAL SERVICES TO OVER 23,000 PEOPLE AND WELL OVER 12,000 FAMILIES DURING THE PAST YEAR. ADDITIONALLY, THOUSANDS OF VOLUNTEER HOURS WERE DONATED TO CVOEO PROGRAMS AND...

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CVOEO PROVIDED A WIDE VARIETY OF VITAL SERVICES TO OVER 23,000 PEOPLE AND WELL OVER 12,000 FAMILIES DURING THE PAST YEAR. ADDITIONALLY, THOUSANDS OF VOLUNTEER HOURS WERE DONATED TO CVOEO PROGRAMS AND AGENCY PROGRAMS ENGAGED IN OVER FIVE HUNDRED PARTNERSHIPS WITH OUTSIDE ENTITIES (BUSINESSES, NON-PROFITS, FAITH-BASED ORGANIZATIONS, SCHOOL DISTRICTS, POST-SECONDARY INSTITUTIONS, ETC.). THREE COMMUNITY ACTION OFFICES IN MIDDLEBURY, BURLINGTON AND ST. ALBANS PROVIDED CRISIS INTERVENTION IN SEVERAL AREAS INCLUDING CRISIS FUEL, WARMTH SUPPORT, HOUSING FINANCIAL ASSISTANCE, HOUSING SERVICES COORDINATION, FOOD ASSISTANCE, AND TAX ASSISTANCE. PLEASE SEE OUR ANNUAL REPORT FOR LAST YEAR'S STATISTICS.

Program 2
Expenses: $9,341,678 Revenue: $300

THERE WERE 144 CHILDREN SERVED IN OUR HEAD START PROGRAM AND 160 CHILDREN IN OUR EARLY HEAD START PROGRAM. THERE WERE 2,026 HOME VISITS. EIGHTY-SIX PERCENT (86%) OF OUR 4-YEAR-OLD PRESCHOOLERS WERE...

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THERE WERE 144 CHILDREN SERVED IN OUR HEAD START PROGRAM AND 160 CHILDREN IN OUR EARLY HEAD START PROGRAM. THERE WERE 2,026 HOME VISITS. EIGHTY-SIX PERCENT (86%) OF OUR 4-YEAR-OLD PRESCHOOLERS WERE MEETING OR EXCEEDING EXPECTATIONS TIED TO KINDERGARTEN READINESS IN THE DOMAINS OF LANGUAGE AND COGNITIVE DEVELOPMENT.

Program 3
Expenses: $7,166,253

OVER THIS PAST YEAR CVOEO HAS CONTINUED TO EXPAND ITS FOOD PROGRAMS THROUGHOUT THE CHAMPLAIN VALLEY THROUGH OUR FEEDING CHAMPLAIN VALLEY PROGRAM WHICH IS THE LARGEST FOOD SHELF AND CHARITABLE FOOD...

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OVER THIS PAST YEAR CVOEO HAS CONTINUED TO EXPAND ITS FOOD PROGRAMS THROUGHOUT THE CHAMPLAIN VALLEY THROUGH OUR FEEDING CHAMPLAIN VALLEY PROGRAM WHICH IS THE LARGEST FOOD SHELF AND CHARITABLE FOOD PROVIDER IN THE STATE. WE SECURED FUNDING TO RENOVATE BURLINGTON FOOD SHELF AND COMMUNITY RESOURCE CENTER, ADDING EXPANDED SPACE ON THE FIRST FLOOR AND A SECOND FLOOR. THOSE RENOVATIONS WILL BE COMPLETED IN EARLY FEBRUARY 2026. THE HEALTH ROOTS COLLABORATIVE IS ONE OF FEEDING CHAMPLAIN VALLEY'S PROGRAMS PROVIDING CVOEO WITH THE OPPORTUNITY TO CONNECT WITH OVER ONE HUNDRED LOCAL FARMERS TO SOURCE FOOD INTO OUR CHARITABLE FOOD SYSTEM. WE ALSO PROVIDE EDUCATION ON SUSTAINABLE FARMING THROUGH WORKSHOPS AT SCHOOLS AND COMMUNITY CENTERS. FEEDING CHAMPLAIN VALLEY CONTINUES WITH ITS FOOD AS MEDICINE PROGRAM, MOBILE OUTREACH, SOLIDIFYING ITS THREE FOOD HUBS IT ESTABLISHED IN 2023 AND PROVIDING CONSUMER CHOICE THROUGH ITS ONLINE FOOD ORDERING APPLICATION AND ITS INTERPRETATION AND TRANSLATION SERVICE.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,013,369
Program Service Revenue $448,519
Investment Income $410,451
Other Revenue $-16,303
TOTAL REVENUE $36,856,036

Expense Breakdown

Grants Paid $12,047,888
Salaries & Benefits $20,443,599
Fundraising Expenses $238,470
Program Expenses $34,022,295
Other Expenses $5,460,480
TOTAL EXPENSES $37,951,967

Year-over-Year Comparison

2024 2023 Change
Revenue $36,856,036 $40,263,193 -0.1%
Expenses $37,951,967 $36,220,386 +0.0%
Net Income $-1,095,931 $4,042,807 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
360
Volunteers
451

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$344,659
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH MADIGAN DIRECTOR 0.50
Director
$0 $0 $0
JON CRYSTAL BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
WENDY BOVA DIRECTOR 0.50
Director
$0 $0 $0
ANNE ROSENBLUM DIRECTOR 0.50
Director
$0 $0 $0
BRIAN CINA DIRECTOR 0.50
Director
$0 $0 $0
ADEN HAJI DIRECTOR 0.50
Director
$0 $0 $0
COLLEEN NONI DIRECTOR 0.50
Director
$0 $0 $0
NAKUMA PALCCZEWSKI BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDREA TREADWAY SECRETARY 1.00
Officer Director
$0 $0 $0
LESLI BLOUNT DIRECTOR 0.50
Director
$0 $0 $0
JONATHAN BILLINGS DIRECTOR 0.50
Director
$0 $0 $0
AMANDA BLIVEN DIRECTOR 0.50
Director
$0 $0 $0
PAUL DRAGON EXECUTIVE DIRECTOR 55.00
Officer
$147,153 $31,066 $178,219
MATT D'AGOSTINO FISCAL DIRECTOR 50.00
Officer
$133,011 $33,429 $166,440
CAROL PAUL DEPUTY PROGRAM DIRECTOR 50.00
Highest
$134,012 $33,136 $167,148
SANDRA GRAVES HEAD START PROGRAM DIRECTOR 45.00
Highest
$128,648 $15,106 $143,754
TERRI TERRERI HUMAN RESOURCE DIRECTOR 40.00
Highest
$107,319 $15,106 $122,425
KEVIN LOMEDICO CONTROLLER 45.00
Highest
$105,311 $33,429 $138,740
CHRISTINE GILLIAM HEAD START ASSOCIATE DIRECTOR 40.00
Highest
$104,900 $31,794 $136,694
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $36,856,036 $37,951,967 $17,233,851 $-1,095,931
2024 $40,263,193 $36,220,386 $17,445,286 $4,042,807
2023 $29,030,321 $28,602,198 $13,497,011 $428,123
2022 $26,250,415 $25,335,475 $10,365,221 $914,940
2021 $27,122,913 $25,714,715 $9,733,148 $1,408,198
2020 $21,844,417 $20,504,055 $8,271,056 $1,340,362
2019 $19,030,209 $19,933,558 $6,256,828 $-903,349
2018 $19,862,275 $19,562,298 $6,847,129 $299,977
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