RESOURCE A NONPROFIT COMMUNITY ENTERPRISE INC

EIN: 030326293 501(c)(3) Human Services

WILLISTON, VT

Total Revenue
$7,445,476
Total Expenses
$7,715,766
Total Assets
$10,351,518
Net Assets
$3,703,373
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VT
Principal Officer
THOMAS LONGSTRETH
Phone
8026584143
Tax Period
2024-01-01 to 2024-12-31

RESOURCE A NONPROFIT COMMUNITY ENTERPRISE INC, founded in 1990, is a community nonprofit in the Human Services sector that reported $7.4M in total revenue in fiscal year 2024.

Mission

RESOURCE'S MISSION IS TO MEET COMMUNITY AND INDIVIDUAL NEEDS THROUGH 1) EDUCATION AND JOB SKILLS TRAINING, 2) ENVIRONMENTAL STEWARDSHIP, AND 3) ECONOMIC OPPORTUNITIES. THE ORGANIZATION IS DEDICATED TO EXTENDING ITS IMPACT, CHANGING MORE LIVES, PROVIDING RELIEF, RETRAINING, REBUILDING, REPAIRING, AND RESTORING.

Program Service Accomplishments

Program 1
Expenses: $6,024,724 Revenue: $3,267,249

SINCE 1991, RESOURCE HAS BEEN EMPOWERING INDIVIDUALS AND STRENGTHENING VERMONT COMMUNITIES THROUGH WORKFORCE DEVELOPMENT, POVERTY RELIEF, AND ENVIRONMENTAL STEWARDSHIP. RESOURCE OPERATES FOUR REUSE...

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SINCE 1991, RESOURCE HAS BEEN EMPOWERING INDIVIDUALS AND STRENGTHENING VERMONT COMMUNITIES THROUGH WORKFORCE DEVELOPMENT, POVERTY RELIEF, AND ENVIRONMENTAL STEWARDSHIP. RESOURCE OPERATES FOUR REUSE CENTERS ACROSS THE STATE THAT ACCEPT AND REDISTRIBUTE HOUSEHOLD GOODS AND BUILDING MATERIALS TO VERMONTERS: TWO IN CHITTENDEN COUNTY, 339 PINE STREET IN BURLINGTON, AND 329 HARVEST LANE IN WILLISTON; ONE IN WASHINGTON COUNTY, 30 GRANITE STREET, BARRE; AND ONE IN LAMOILLE COUNTY, 590 E MAIN STREET, HYDE PARK. THROUGH THESE REUSE CENTERS, RESOURCE FINDS NEW HOMES FOR MAJOR APPLIANCES, COMPUTERS, ELECTRONICS, FURNITURE, AND BUILDING MATERIALS, DIVERTING USABLE ITEMS FROM THE LANDFILL AND INTO THE HOMES OF THOSE IN NEED. RESOURCE HAS EXPANDED ITS SERVICES AND PROGRAMMING TO OFFER MORE OPPORTUNITIES TO AT- RISK YOUTH AND LOW-INCOME INDIVIDUALS AND FAMILIES. ENVIRONMENTAL STEWARDSHIP: IN TERMS OF ENVIRONMENTAL IMPACT, RESOURCE KEPT 723 TONS (1,110,186 ITEMS) OF GOODS FROM VERMONTS ONLY LANDFILL. RESOURCE ALSO COMPLETED 95 COMMUNITY PROJECTS IN 2024: 50 FOCUSED ON FLOOD RECOVERY EFFORTS FOLLOWING THE VERMONT FLOODING IN 2023 AND 2024; 42 OTHER CONSTRUCTION PROJECTS, 3 DECONSTRUCTION, AND 1 HOUSING REHABILITATION PROJECT BENEFITING A LOW-INCOME HOMEOWNER. POVERTY RELIEF: IN ADDITION TO THE AFFORDABLE HOUSING CONSTRUCTION AND WEATHERIZATION SERVICES IDENTIFIED ABOVE, RESOURCE ALSO PROVIDES SKILL TRAINING TO DISADVANTAGED INDIVIDUALS AND DISTRIBUTES ESSENTIAL GOODS TO LOW-INCOME FAMILIES AND VICTIMS OF DISASTER. OVER 85% OF WORKFORCE DEVELOPMENT TRAINEES WHO GRADUATE FROM RESOURCE'S PROGRAMS ARE PLACED INTO EMPLOYMENT WITHIN THREE MONTHS OF COMPLETING THE PROGRAM. RESOURCE'S ESSENTIAL GOODS PROGRAM SUPPORTS OVER 30 NONPROFIT PARTNER AGENCIES AND ALLEVIATES POVERTY BY DISTRIBUTING HOUSEHOLD APPLIANCES, COOKING EQUIPMENT, BEDS, OTHER FURNITURE, AND BUILDING MATERIALS TO THOSE WITH THE LOWEST INCOME. BASED ON REQUESTS FROM 28 PARTNER AGENCIES, RESOURCE AWARDED 70,000 IN ESSENTIAL GOODS VOUCHERS FOR 2024. CLIENTS OF THOSE PARTNER AGENCIES ACROSS VERMONT REDEEMED THEM, SERVING AT LEAST 1,458 INDIVIDUALS AND FAMILIES (1,036 ADULTS AND 422 CHILDREN). 2024 RESOURCE GRADUATES WITH JOB PLACEMENT OUTCOMES REPORTED AVERAGE STARTING WAGES OF 21.27/HOUR. ALL OF RESOURCE'S TRAINING PROGRAMS ARE DESIGNED TO PROVIDE A SYMBIOTIC BENEFIT IN EACH OF THE ORGANIZATIONS THREE MISSION AREAS; COMBINING THESE ELEMENTS PROVIDES IMPORTANT SYNERGIES AND VALUE THAT SUPPORT THE SUSTAINABILITY OF PROGRAMS. TRAINING: RESOURCE HAS THREE CATEGORIES OF JOB SKILL TRAINING: WORK EXPERIENCE: INDIVIDUALS WHO AREN'T READY TO WORK BUT ARE LOOKING TO GAIN EXPERIENCE MAY DO SO IN A SAFE AND SUPPORTIVE ENVIRONMENT AS A STEP TOWARD BECOMING WORK READY. WORKFORCE ADVANCEMENT: THROUGH A TWELVE-MONTH CONSTRUCTION APPRENTICESHIP, LABORERS EMPLOYED BY AREA CONSTRUCTION CONTRACTORS ARE PROVIDED CARPENTRY SKILL TRAINING THAT ALLOWS THEM TO BECOME CERTIFIED CARPENTERS THROUGH REGISTERED APPRENTICESHIP. RESOURCE ALSO OFFERS EMBEDDED TRAININGS EXPLORING CAREER OPPORTUNITIES WITH LOCAL BUSINESSES, AND CUSTOM SKILLED- BASED TRAININGS, CERTIFICATIONS, AND REFRESHERS FOR INCUMBENT WORKERS SUPPORTING THOSE WHO ARE UNDER-EMPLOYED. TRAINING OUTCOMES: EACH YEAR, RESOURCE TRAINS OVER 300 INDIVIDUALS. BY PROVIDING CUSTOMIZED TRAINING TO EACH INDIVIDUAL'S NEEDS, AS WELL AS CERTIFICATIONS AND BASIC SOFT-SKILLS TRAINING NEEDED TO LAY THE GROUNDWORK FOR FUTURE EMPLOYMENT, TRAINEES DEVELOP THE PERSONAL AND PROFESSIONAL SKILLS NECESSARY TO SUCCEED IN THE WORKFORCE. WORKFORCE DEVELOPMENT: INDIVIDUALS WITH BARRIERS TO EMPLOYMENT LEARN SOFT AND TECHNICAL SKILLS AND EARN THE CREDENTIALS NEEDED TO BE PLACED IN EMPLOYMENT IN THEIR DESIRED CAREER. IN 2024, RESOURCE TRAINED 302 INDIVIDUALS ENROLLED IN TRAINING PROGRAMS. RESOURCE SAW 247 TRAINEES ACHIEVE SUCCESSFUL OUTCOMES OUT OF THE 268 TRAINEES WHO WERE EXPECTED TO COMPLETE TRAINING IN 2024 (40 TRAINEES CONTINUED TRAINING INTO 2025); CREATING A 92% GRADUATION RATE ACROSS ALL PROGRAMMING.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,096,802
Program Service Revenue $3,241,128
Investment Income $15,059
Other Revenue $92,487
TOTAL REVENUE $7,445,476

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,681,055
Fundraising Expenses $174,147
Program Expenses $6,024,724
Other Expenses $2,034,711
TOTAL EXPENSES $7,715,766

Year-over-Year Comparison

2024 2023 Change
Revenue $7,445,476 $7,060,003 +0.1%
Expenses $7,715,766 $6,618,768 +0.2%
Net Income $-270,290 $441,235 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
442
Volunteers
55

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
$146,040
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARRY FRANK PRESIDENT 2.00
Officer Director
$0 $0 $0
BRENDA CAFORIA-WEEBER VICE PRESIDE 2.00
Officer Director
$0 $0 $0
KATHERINE ARTHAUD SECRETARY 2.00
Officer Director
$0 $0 $0
PAM BLUM TREASURER 2.00
Officer Director
$0 $0 $0
BEN BOSHER DIRECTOR 1.00
Director
$0 $0 $0
TONY BARBAGALLO DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN DUBE DIRECTOR 1.00
Director
$0 $0 $0
SHARON MORRISON DIRECTOR 1.00
Director
$0 $0 $0
ERIC WEEBER DIRECTOR 1.00
Director
$0 $0 $0
JANICE SZABO LEFT MID-YEAR DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS HARMON LEFT MID-YEAR DIRECTOR 1.00
Director
$0 $0 $0
THOMAS LONGSTRETH EXECUTIVE DI 50.00
Officer
$128,659 $17,381 $146,040
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
2024 $7,445,476 $7,715,766 $10,351,518 $-270,290
2023 $7,060,003 $6,618,768 $10,630,063 $441,235
2022 $5,937,669 $5,274,760 $10,485,235 $662,909
2021 $5,359,205 $4,575,659 $9,543,752 $783,546
2020 $4,447,817 $4,152,873 $9,164,935 $294,944
2019 $4,488,360 $4,370,206 $3,112,275 $118,154
2018 $4,543,391 $4,316,554 $2,936,041 $226,837
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