Skip to main content

Nonprofit · EIN 03-0108780

LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE

Tax-exempt · BURLINGTON, VT 05401

Financials

$2.3M$2.4M2022$2.9M$2.5M2023$2.6M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$2,630,983$2,852,010-$221,027$4,114,121$995,933$3,118,188
September 30, 2024990$2,862,395$2,516,748$345,647$4,476,205$1,280,598$3,195,607
September 30, 2023990$2,271,489$2,378,774-$107,285$4,085,756$1,246,186$2,839,570
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$110,410
of which government grants
$110,410
Program service revenue
$2,345,837
Investment income
$100,902
Royalties
$43,095
Net rental income
$28,984
Net gain from sales of assets
$16,116
Other revenue
$73,834

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$299,483
Other salaries and wages
$94,807
Salaries, compensation and benefits (total)
$440,490
Professional fundraising fees
$0
Legal fees
$2,684
Accounting fees
$16,746
Occupancy
$170,585
Travel
$56
Depreciation
$7,554

Balance sheet and other

Total assets, start of year
$4,476,205
Total assets, end of year
$4,114,121
Total liabilities, end of year
$995,933
Net assets, end of year
$3,118,188
Land, buildings and equipment
$35,475
Publicly traded securities
$2,163,968
Net assets without donor restrictions
$3,118,188
Gross receipts
$3,914,223
Employees
34
Volunteers
20
Year formed
1911
State of legal domicile
VT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CATHY DAVISPRESIDENT
Trustee or director, Officer
40$140,323$30,397
PATRICK O'NEILVP OF FINANCE & OPS
Officer
40$121,389$7,080
ALEX HALPERNCHAIR
Trustee or director, Officer
1$0$0
KURT GRUENDLINGVICE CHAIR
Trustee or director, Officer
1$0$0
HEATHER ROSSIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
DAVE LANEPAST CHAIR
Trustee or director, Officer
1$0$0
CHRIS LEFFDIRECTOR
Trustee or director
1$0$0
RYAN CHAFFINDIRECTOR
Trustee or director
1$0$0
PATRICK GALLIVANDIRECTOR
Trustee or director
1$0$0
TINOTENDA TINO CHARLES RUTANHIRADIRECTOR
Trustee or director
1$0$0
BEN TRAVERSEDIRECTOR
Trustee or director
1$0$0
PATRICIA SHIRKDIRECTOR
Trustee or director
1$0$0
KAREN WISEHARTDIRECTOR
Trustee or director
1$0$0
LIZ HUNTDIRECTOR
Trustee or director
1$0$0
ANDREW WAYDIRECTOR
Trustee or director
1$0$0
7 more people on this return
NameTitleHours / weekCompensation
MIMI BUTTENHEIMDIRECTOR
Trustee or director
1$0
TATIANA DAVYDOVDIRECTOR
Trustee or director
1$0
ERIN EVARTSDIRECTOR
Trustee or director
1$0
ARA HAGANDIRECTOR
Trustee or director
1$0
PAUL JARVISDIRECTOR
Trustee or director
1$0
MATT MCHAHONDIRECTOR
Trustee or director
1$0
HANS VAN WEESDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 22 people
NameTitleHours / weekCompensationOther / benefits
CATHY DAVISPRESIDENT
Officer
40$118,923$26,127
PATRICK O'NEILVP OF FINANCE & OPS
Officer
40$111,234$6,694
DAVE LANECHAIR
Trustee or director, Officer
1$0$0
HEATHER ROSSVICE CHAIR
Trustee or director, Officer
1$0$0
GREGORY MAGUIREPAST CHAIR
Trustee or director
1$0$0
ASHLEY WAINERPAST CHAIR
Trustee or director
1$0$0
CHRIS LEFFDIRECTOR
Trustee or director
1$0$0
JESSE BRIDGESDIRECTOR
Trustee or director
1$0$0
MICHELLE BUSWELLDIRECTOR
Trustee or director
1$0$0
RYAN CHAFFINDIRECTOR
Trustee or director
1$0$0
PATRICK GALLIVANDIRECTOR
Trustee or director
1$0$0
ALEX HALPERNDIRECTOR
Trustee or director
1$0$0
SUSAN LEONARDDIRECTOR
Trustee or director
1$0$0
SARAH RICHARDSDIRECTOR
Trustee or director
1$0$0
TINOTENDA TINO CHARLES RUTANHIRADIRECTOR
Trustee or director
1$0$0
RICK VINCENTDIRECTOR
Trustee or director
1$0$0
BRAD WORTHENDIRECTOR
Trustee or director
1$0$0
BEN TRAVERSEDIRECTOR
Trustee or director
1$0$0
PATRICIA SHIRKDIRECTOR
Trustee or director
1$0$0
KAREN WISEHARTDIRECTOR
Trustee or director
1$0$0
KURT GRUENDLINGDIRECTOR
Trustee or director
1$0$0
LIZ HUNTDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
CATHY DAVISPRESIDENT
Officer
40$106,063$19,909
PATRICK O'NEILVP OF FINANCE & OPS
Officer
40$104,041$7,294
DAVE LANECHAIR (START 2022)
Trustee or director, Officer
1$0$0
HEATHER ROSSVICE CHAIR (START 2022)
Trustee or director, Officer
1$0$0
ASHLEY WAINERDIRECTOR
Trustee or director, Officer
1$0$0
GREGORY MAGUIREDIRECTOR
Trustee or director
1$0$0
CHRIS LEFFDIRECTOR
Trustee or director
1$0$0
MICHELLE BUSWELLDIRECTOR
Trustee or director
1$0$0
ALEX HALPERNDIRECTOR
Trustee or director
1$0$0
JESSE BRIDGESDIRECTOR
Trustee or director
1$0$0
RYAN CHAFFINDIRECTOR
Trustee or director
1$0$0
PATRICK GALLIVANDIRECTOR
Trustee or director
1$0$0
KURT GRUENDLINGDIRECTOR
Trustee or director
1$0$0
LIZ HUNTDIRECTOR
Trustee or director
1$0$0
SUSAN LEONARDDIRECTOR
Trustee or director
1$0$0
SARAH RICHARDSDIRECTOR
Trustee or director
1$0$0
TINOTENDA TINO CHARLES RUTANHIRADIRECTOR
Trustee or director
1$0$0
PATRICIA SHIRKDIRECTOR
Trustee or director
1$0$0
BEN TRAVERSEDIRECTOR
Trustee or director
1$0$0
RICK VINCENTDIRECTOR
Trustee or director
1$0$0
KAREN WISEHARTDIRECTOR
Trustee or director
1$0$0
BRAD WORTHENDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
60 MAIN ST STE 100, BURLINGTON, VT 05401-8422
In care of
% MICHELLE LITTLE
Principal officer (990 for 2024)
CATHERINE DAVIS, 60 MAIN STREET 100, BURLINGTON, VT 05401
Signed the 990
CATHERINE DAVIS, PRESIDENT
Phone
(802) 863-3489
Return prepared by
MCSOLEY MCCOY & CO

Mission

SEE SCHEDULE O

990 for the year ended September 30, 2025

Program accomplishments

  • TOURISM - THE CHAMBER OFFERS VARIOUS SUB-PROGRAMS TO DRIVE TOURISM IN THE AREA. THE OPERATING OF SEVERAL AREA WELCOME CENTERS IS A MAJOR PART OF THIS EFFORT. THE ORGANIZATION OPERATES FOUR REGIONAL WELCOME CENTERS ON INTERSTATE 89 AND US ROUTE 2. EACH LOCATION OFFERS A VARIETY OF TRAVELER INFORMATION FOR THE GREATER BURLINGTON AREA AND VERMONT. THE WILLISTON WELCOME CENTERS ARE STAFFED BY CHAMBER TOURISM PROFESSIONALS. IN ADDITION TO TRAVELER INFORMATION, THE FACILITIES HAVE RESTROOMS, VENDING MACHINES, COFFEE, AND WIRELESS INTERNET ACCESS. HELLO BURLINGTON IS A DIVISION OF THE CHAMBER DEDICATED TO STIMULATING THE ECONOMIC VITALITY OF GREATER BURLINGTON BY GROWING THE CITY'S BRAND AND DEVELOPING A BALANCED YEAR ROUND TOURISM BUSINESS.
  • TALENTBTV - THE LAKE CHAMPLAIN CHAMBER'S TALENTBTV INITIATIVE FOCUSES ON STRENGTHENING OUR BUSINESS COMMUNITY'S TALENT RECRUITMENT AND RETENTION THROUGH PROGRAMMING AND CONNECTIONS. LEADERSHIP CHAMPLAIN IS AN ANNUAL 10-MONTH PROFESSIONAL DEVELOPMENT AND COMMUNITY ENGAGEMENT PROGRAM OF THE LAKE CHAMPLAIN CHAMBER WITH A MISSION TO FOSTER GROWTH AND LEADERSHIP IN PROFESSIONALS WHO WILL SERVE OUR COMMUNITY NOW AND IN THE FUTURE.
  • GOVERNMENT AFFAIRS - THE LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE ADVOCATES FOR A THRIVING PRIVATE SECTOR ECONOMY FOR THE BENEFIT OF OUR MEMBERS AND COMMUNITY THROUGH EDUCATION, ADVOCACY AND PROGRAMS. THE GOVERNMENT AFFAIRS DIVISION ADVOCATES FOR THE ORGANIZATION, REPRESENTING MEMBERS IN A NON-PARTISAN MANNER ON POLICY ISSUES AFFECTING BUSINESS AT THE LOCAL, REGIONAL, STATE AND FEDERAL LEVELS OF GOVERNMENT.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
03-0108780
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1943
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,114,121
Income (IRS master file)
$3,914,223

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$2,630,983$2,852,010$4,114,121XML
990September 2024$2,862,395$2,516,748$4,476,205XML
990September 2023$2,271,489$2,378,774$4,085,756XML
990September 2022$2,593,316$2,211,091$3,496,080IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0108780).

Questions about LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE

What is the EIN of LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE?
The employer identification number (EIN) of LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE is 03-0108780.
Is LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
Are donations to LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE?
The 990 for the year ended September 30, 2025 names CATHERINE DAVIS.
Who are the officers and directors of LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE?
The 990 for the year ended September 30, 2025 lists 22 people; 2 received compensation from the organization, the highest $140,323 (CATHY DAVIS, PRESIDENT).
How much revenue does LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE have?
On its 990 for the year ended September 30, 2025 it reported revenue of $2,630,983, expenses of $2,852,010 and total assets of $4,114,121 at year end.

Other nonprofits in BURLINGTON

All nonprofits in BURLINGTON · Vermont