2024-12-04T13:40:55-05:00 2024-06-30 030325875 DAVIS & HODGDON ASSOCIATES CPAS PLC 33 BLAIR PARK RD STE 201 WILLISTON VT 05495 990 2023-07-01 030188746 GREATER BURLINGTON INDUSTRIAL CORP CIOFFI GREA 8028625726 60 MAIN STREET BURLINGTON VT 05402 FRANK CIOFFI PRESIDENT/SECRETARY 8028625726 2024-12-02 true false BRET HODGDON P00497283 8028781963 2024-12-04 2023 2024-10-15 13:58:12Z FRANK CIOFFI 60 MAIN STREET PO BOX 786 BURLINGTON VT 05402 1283929 false X WWW.GBICVT.ORG X 1954 VT TO ATTRACT, RETAIN, AND EXPAND ENVIRONMENTALLY SENSITIVE HIGH-PAYING JOBS IN THE CHAMPLAIN VALLEY; AND TO INITIATE AND SUPPORT ADVOCACY, EDUCATION, AND COLLABORATIVE PROGRAMS IN PROMOTING OUR VISION. 23 23 10 24 0 799952 821148 0 39106 72576 47983 18990 887041 912714 25000 0 522258 624363 0 0 281702 294106 803960 943469 83081 -30755 6131354 6609249 2472461 2771678 3658893 3837571 TO ATTRACT, RETAIN, AND EXPAND ENVIRONMENTALLY SENSITIVE HIGH-PAYING JOBS IN THE CHAMPLAIN VALLEY; AND TO INITIATE AND SUPPORT ADVOCACY, EDUCATION, AND COLLABORATIVE PROGRAMS IN PROMOTING OUR VISION. false false THE CORPORATION'S PURPOSE IS PROMOTING INDUSTRIAL DEVELOPMENT, CREATING QUALITY JOBS AND ASSISTING IN WORKFORCE DEVELOPMENT IN THE CHITTENDEN COUNTY, VERMONT AREA. THE CORPORATION PROVIDES ADMINISTRATIVE SUPPORT FOR AN AFFILIATED NON- PROFIT ORGANIZATION. CYNOSURE,INC. SERVES AS THE FINANCIAL ARM OF THE GREATER BURLINGTON INDUSTRIAL CORPORATION AS IT ASSISTS BUSINESSES IN OBTAINING REAL ESTATE FINANCING AND CONTRACTS TO BUILD, AND ALSO LEASES PLANT SPACE IN THE GREATER BURLINGTON, VERMONT AREA. OTHER FUNCTIONS OF THE CORPORATION INCLUDE ADMINISTRATION OF AGENCY ARRANGEMENTS AND OTHER INDIRECT MANAGEMENT SERVICES. false true false true false false false false false true false false true true true true false false false false false false false false false false true false true false false false false false false false false false false true true false false true 8 0 10 false false false false false true true false false false false false false false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true true false X FRANK CIOFFI PRESIDENT 8028625726 60 MAIN STREET PO BOX 786 BURLINGTON VT 05402 FRANK CIOFFI PRESIDENT/SE 20.00 20.00 X X 205795 0 54600 TIM SHEA CHAIRMAN 2.00 X X 0 0 0 PAM MACKENZIE VICE CHAIRMA 2.00 X X 0 0 0 ERNEST A POMERLEAU TREASURER 2.00 X X 0 0 0 TED ADLER DIRECTOR 2.00 X 0 0 0 BRAD ALDRICH DIRECTOR 2.00 X 0 0 0 CHARLIE BAKER DIRECTOR 2.00 X 0 0 0 TIM BAECHLE DIRECTOR 2.00 X 0 0 0 ETHAN BECHTEL DIRECTOR 2.00 X 0 0 0 ERIC BERGSTROM DIRECTOR 2.00 X 0 0 0 KELLY DEVINE DIRECTOR 2.00 X 0 0 0 ROCKI-LEE DEWITT DIRECTOR 2.00 X 0 0 0 JIM DONOHUE DIRECTOR 2.00 X 0 0 0 JOHN EVANS DIRECTOR 2.00 X 0 0 0 MOE GERMAIN DIRECTOR 2.00 X 0 0 0 BEN HARDY DIRECTOR 2.00 X 0 0 0 JAIME HEINS DIRECTOR 2.00 X 0 0 0 EVE HOAR DIRECTOR 2.00 X 0 0 0 JON PIZZAGALLI DIRECTOR 2.00 X 0 0 0 SAMANTHA ROACH-GERBER DIRECTOR 2.00 X 0 0 0 DAVID ROSE DIRECTOR 2.00 X 0 0 0 EMILIE SCHWEIKERT DIRECTOR 2.00 X 0 0 0 HEIDI STUMPFF DIRECTOR 2.00 X 0 0 0 PETER SYLVESTER DIRECTOR 2.00 X 0 0 0 205795 54600 1 false true false 66273 619000 134675 1200 821148 72781 72781 252351 233361 18990 18990 18990 137649 137854 -205 -205 -205 912714 91566 25000 302899 265197 18100 3021 35146 1999 14300 8722 14592 14915 6482 55120 139 13653 8318 OUTSIDE SERVICES 75408 OPERATING EXP. - 60 MAIN 35840 TELEPHONE 16555 OPERATING EXP.- CAT. PARK 15750 12313 943469 0 0 0 220801 235126 358296 324875 56966 35125 13710 23724 17384 17584 3310038 709185 2658521 2600853 1530985 1790663 8012 6354 1266679 1574945 6131354 6609249 40293 80230 1165489 1116503 1266679 1574945 2472461 2771678 X 3658893 3837571 3658893 3837571 6131354 6609249 -30755 209433 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false true 66273 19500 -7680 11820 1988 9832 214754 506271 721025 2510200 634779 1875421 28596 28596 19434 17990 1444 30783 27820 2963 2600853 457 PLAN INVESTMENT 1566740 RIGHT-OF-USE ASSET 8205 1574945 457 PLAN LIABILITY 1566740 LEASE LIABILITIES 8205 1574945 X 1122147 209433 209433 912714 912714 943469 943469 943469 SCHEDULE D, PAGE 3, PART X THE GREATER BURLINGTON INDUSTRIAL CORPORATION ANNUALLY FILES IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX ELIMINATION BY TAX AUTHORITIES FOR THE YEARS PRIOR TO JUNE 30, 2021. IN THE NORMAL COURSE OF BUSINESS, THE CORPORATION IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, THE MANAGEMENT OF THE GREATER BURLINGTON INDUSTRIAL CORPORATION BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILIES AT JUNE 30, 2024 AND 2023. false CAPSTONE COMMUNITY ACTION 20 GABLE PLACE BARRE VT 05641 030216254 501C3 10000 FMV FLOOD RELIEF RIVERFLOW COMMUNITY 57 CEDAR LANE NORTH FERRISBURGH VT 05473 933757816 501C3 10000 FMV GENERAL OPERATIONS X false false false FRANK CIOFFI PRESIDENT/SECRETARY 205795 20580 34020 260395 FORM 990, PAGE 6, PART VI, LINE 11B GREATER BURLINGTON INDUSTRIAL CORP MAKES THE 990 AVAILABLE FOR ALL BOARD MEMBERS TO REVIEW PRIOR TO FILING VIA THEIR SECURE PORTAL, VIA EMAIL OR IN HARDCOPY. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFILCT OF INTEREST POLICY IS ANNUALLY DISTRIBUTED BY GREATER BURLINGTON INDUSTRIAL CORP AND PRACTICES ARE CLOSELY MONITORED THROUGHOUT THE YEAR. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR OR OTHER OFFICER OR KEY EMPLOYEES INCLUDE A REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE, WHICH INCLUDES DATA COMPARABILITY AND DELIBERATION. FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR OR OTHER OFFICER OR KEY EMPLOYEES INCLUDE A REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE, WHICH INCLUDES DATA COMPARABILITY AND DELIBERATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC BY PROVIDING COPIES UPON REQUEST. 60 MAIN STREET BTV LLC 60 MAIN STREET BURLINGTON VT 05401 462711425 RENTAL VT 252351 2621270 GBIC CYNOSURE INC PO BOX 786 BURLINGTON VT 05402 036005859 LEASING VT 501C6 N/A false false false true false false false false false false false false false false true true false false false false CYNOSURE INC C 619000 FAIR MARKET VALUE