2024-07-31T12:42:40-04:00 2023-12-31 030302296 KITTELL BRANAGAN & SARGENT 154 N MAIN ST ST ALBANS VT 05478 990 2023-01-01 043642655 COMMUNITY CAPITAL OF VERMONT COMM 8024790167 PO BOX 342 BARRE VT 05641 ALEXANDER ROB EXECUTIVE DIRECTOR 8024790167 2024-05-30 true true ROBIN BARNETT CPA P01282009 8025249531 2024-07-31 2023 2024-08-08 14:25:15Z ALEXANDER ROB PO BOX 342 BARRE VT 05641 325527 false X WWW.COMMUNITYCAPITALVT.ORG X 2001 TO HELP SMALL BUSINESSES AND LOWER INCOME ENTREPRENEURS PROSPER THROUGH THE PROVISION OF FLIXIBLE BUSINESS FINANCING. 5 5 3 16 0 124402 134296 97008 115568 19006 66673 3838 8990 244254 325527 0 0 224065 212948 0 0 140782 277548 364847 490496 -120593 -164969 3944821 3586734 1325939 1078560 2618882 2508174 TO HELP SMALL BUSINESSES AND LOWER INCOME ENTREPRENEURS PROSPER THROUGH THE PROVISION OF FLEXIBLE BUSINESS FINANCING. false false 350926 115568 COMMUNITY CAPITAL OF VERMONT IS A STATEWIDE SMALL BUSINESS AND MICROENTERPRISE LENDER SERVING LOW AND MODERATE INCOME ENTRPRENEURS. OUR LOANS RANGE IN SIZE FROM 1,000 TO 100,000 AND CAN BE USED FOR BUSINESS START-UP OR GROWTH AND EXPANSION. CCVT SPECIALIZES IN PROVIDING LOANS TO BUSINESS OWNERS WHO LACK THE COLLATERAL OR CREDIT HISTORY TO QUALIFY FOR TRADITIONAL BANK LOANS. 350926 true true false false false false false false true false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 1 0 true 3 true false false false false false true true false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true false false X ALEXANDER ROB 8024790167 PO BOX 342 BARRE VT 05641 ALEXANDER ROB EXECUTIVE DI 40.00 X 107815 0 0 RONDA BERNS VICE PRESIDE 2.00 X 0 0 0 MARY CHEVALIER TREASURER 2.00 X 0 0 0 HEATHER HURLBERT PRESIDENT 2.00 X X 0 0 0 NATE MESSIER BOARD MEMBER 2.00 X 0 0 0 KIMBERLY RUPE SECRETARY 2.00 X 0 0 0 107815 1 false false false 134296 134296 LOAN INTEREST 523000 97137 97137 LOAN FEES 523000 18431 18431 115568 66673 66673 MISCELLANEOUS INCOME 900099 8990 8990 8990 325527 124558 66673 107815 55428 52387 74669 39575 35094 14496 11504 2992 15968 8890 7078 7752 7752 15660 15660 26332 26332 9022 9022 6145 4424 1721 7939 5716 2223 12030 8662 3368 6706 6706 16862 16862 2244 2244 5037 5037 BAD DEBT EXPENSE 110241 110241 LOAN LOSS RESERVE 45837 45837 MISCELLANEOUS 1694 1694 BANKING 1558 1558 2489 1439 1050 490496 350926 139570 0 1575520 1361601 1135793 509955 36830 49224 1166790 1637366 5254 6199 15503 15503 2245 22389 22389 3944821 3586734 24831 26200 1278719 1029971 22389 22389 1325939 1078560 X 402742 383974 2216140 2124200 2618882 2508174 3944821 3586734 X -164969 54261 X false true X true false X 124510 173833 346117 124402 134296 903158 198604 186342 145620 100846 124558 755970 323114 360175 491737 225248 258854 1659128 1659128 24145 3448 768 19006 66673 114040 24145 3448 768 19006 66673 114040 347259 363623 492505 244254 325527 1773168 0.93570 0.95780 0.06000 0.04000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 540 540 14963 14963 OPERATING LEASE LIABILITY 22389 22389 X 325527 325527 325527 490496 490496 490496 SCHEDULE D, PAGE 3, PART X COMMUNITY CAPITAL OF VERMONT, INC. IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM FEDERAL INCOME TAXES ON INCOME RELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS REVIEW THE FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C THERE ARE ORIENTATIONS FOR NEW BOARD MEMBERS, STAFF AND LOAN COMMITTEE MEMBERS. BOARD MEMBERS ARE ASKED ON AN ANNUAL BASIS TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. THE BOARD CHAIR AND EXECUTIVE COMMITTEE ARE ALERT TO POSSIBLE VIOLATIONS OF THE POLICY AND THERE IS PERIODIC REVIEW AT BOARD AND STAFF MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD DETERMINES AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CECL IMPLEMENTATION 54,261