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Nonprofit · EIN 03-0184299

VERMONT CHAMBER OF COMMERCE

Tax-exempt · MONTPELIER, VT 05601

Financials

$1.6M$1.8M2022$1.8M$1.8M2023$1.7M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of VERMONT CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,746,633$1,812,310-$65,677$2,283,379$649,073$1,634,306
September 30, 2024990$1,773,837$1,797,581-$23,744$2,070,370$424,934$1,645,436
September 30, 2023990$1,571,837$1,779,351-$207,514$1,985,133$445,423$1,539,710
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,674,709
Investment income
$49,712
Net rental income
$14,400
Other revenue
$22,212

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$147,420
Other salaries and wages
$856,859
Salaries, compensation and benefits (total)
$1,173,710
Professional fundraising fees
$0
Accounting fees
$11,965
Occupancy
$47,645
Travel
$19,648
Depreciation
$10,174

Balance sheet and other

Total assets, start of year
$2,070,370
Total assets, end of year
$2,283,379
Total liabilities, end of year
$649,073
Net assets, end of year
$1,634,306
Land, buildings and equipment
$329,834
Publicly traded securities
$1,113,445
Net assets without donor restrictions
$1,634,306
Gross unrelated business income
$434,858
Gross receipts
$1,746,633
Employees
19
Volunteers
17
Year formed
1950
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
AMY SPEARPRESIDENT/SE
Trustee or director, Officer
40$111,176$6,671
TOM DUNNCHAIR
Trustee or director, Officer
1$0$0
SHARON ROSSIVICE CHAIR
Trustee or director, Officer
1$0$0
WALTER FRAMETREASURER
Trustee or director, Officer
1$0$0
KIM DONAHUEEXECUTIVE CO
Trustee or director, Officer
1$0$0
WILL DOCTOEXECUTIVE CO
Trustee or director, Officer
1$0$0
PETER MCDOUGALLEXECUTIVE CO
Trustee or director, Officer
1$0$0
HILLARY BURROWSDIRECTOR
Trustee or director
1$0$0
IAN SUTHERLANDDIRECTOR
Trustee or director
1$0$0
MICHAEL HACKETTDIRECTOR
Trustee or director
1$0$0
JIM HALLDIRECTOR
Trustee or director
1$0$0
NICK MANGANDIRECTOR
Trustee or director
1$0$0
RENEE GRZANKOWSKIDIRECTOR
Trustee or director
1$0$0
GARY SCOTTDIRECTOR
Trustee or director
1$0$0
KELLY KRAYEWSKYDIRECTOR
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
ALBERTO AGUILARDIRECTOR
Trustee or director
1$0
LESLEE MACKENZIEDIRECTOR
Trustee or director
1$0
SHIREEN HARTDIRECTOR
Trustee or director
1$0
WALTER FRAMEDIRECTOR
Trustee or director
1$0
BRENDON BLOODDIRECTOR
Trustee or director
1$0
MANE ALVESDIRECTOR
Trustee or director
1$0
ROGER NISHIDIRECTOR
Trustee or director
1$0
SUE BETTEDIRECTOR
Trustee or director
1$0
CHRIS KARRDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
BETHANY BISHOPPRESIDENT/SE
Trustee or director, Officer
40$197,163$20,349
TOM DUNNCHAIR
Trustee or director, Officer
1$0$0
SHARON ROSSIVICE CHAIR
Trustee or director, Officer
1$0$0
KATHY AUSTINTREASURER
Trustee or director, Officer
1$0$0
BETSY BISHOPSECRETARY
Trustee or director, Officer
1$0$0
PETER MCDOUGALLEXECUTIVE CO
Trustee or director, Officer
1$0$0
WILL DOCTOEXECUTIVE CO
Trustee or director, Officer
1$0$0
KIM DONAHUEEXECUTIVE CO
Trustee or director, Officer
1$0$0
ALBERTO AGUILARDIRECTOR
Trustee or director
1$0$0
BRENDON BLOODDIRECTOR
Trustee or director
1$0$0
WALTER FRAMEDIRECTOR
Trustee or director
1$0$0
SHIREEN HARTDIRECTOR
Trustee or director
1$0$0
KELLY KRAYEWSKYDIRECTOR
Trustee or director
1$0$0
LESLEE MACKENZIEDIRECTOR
Trustee or director
1$0$0
STEVE GAGNERDIRECTOR
Trustee or director
1$0$0
CHRIS KARRDIRECTOR
Trustee or director
1$0$0
SUE BETTEDIRECTOR
Trustee or director
1$0$0
MANE ALVESDIRECTOR
Trustee or director
1$0$0
TERESA KAJENSKIDIRECTOR
Trustee or director
1$0$0
ROGER NISHIDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
BETHANY BISHOPPRESIDENT/SE
Trustee or director, Officer
40$178,510$19,602
PETER MCDOUGALLCHAIR
Trustee or director, Officer
1$0$0
TOM DUNNVICE CHAIR
Trustee or director, Officer
1$0$0
SHARON ROSSITREASURER
Trustee or director, Officer
1$0$0
JAKE HOLZSCHEITEREXECUTIVE CO
Trustee or director, Officer
1$0$0
WILL DOCTOEXECUTIVE CO
Trustee or director, Officer
1$0$0
KIM DONAHUEEXECUTIVE CO
Trustee or director, Officer
1$0$0
STEVE BOYERDIRECTOR
Trustee or director
1$0$0
STEVE GAGNERDIRECTOR
Trustee or director
1$0$0
CHRIS KARRDIRECTOR
Trustee or director
1$0$0
MANE ALVESDIRECTOR
Trustee or director
1$0$0
KATHY AUSTINDIRECTOR
Trustee or director
1$0$0
KEITH JONESDIRECTOR
Trustee or director
1$0$0
TERESA KAJENSKIDIRECTOR
Trustee or director
1$0$0
ROGER NISHIDIRECTOR
Trustee or director
1$0$0
CHIUHO SAMPSONDIRECTOR
Trustee or director
1$0$0
SUE BETTEDIRECTOR
Trustee or director
1$0$0
MIKE CASELLADIRECTOR
Trustee or director
1$0$0
MONICA GREENEDIRECTOR
Trustee or director
1$0$0
BILL NUPPDIRECTOR
Trustee or director
1$0$0
SAS STEWARTDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 37, MONTPELIER, VT 05601-0037
Principal officer (990 for 2024)
AMY SPEAR, PO BOX 37, MONTPELIER, VT 05601
Signed the 990
AMY SPEAR, PRESIDENT/SECRETARY
Phone
(802) 223-3443
Return prepared by
JMM & ASSOCIATES PC

Mission

TO ADVANCE THE VERMONT ECONOMY BY WORKING AND SUPPORTING A VIBRANT BUSINESS CLIMATE WITH A LENS OF DIVERSITY, EQUITY, AND INCLUSION. WE ADVOCATE, BUILD COMMUNITY, AND PROVIDE RESOURCES FOR BUSINESSES STATEWIDE.

990 for the year ended September 30, 2025

Program accomplishments

  • TRAVEL AND TOURISM: THE CHAMBER PUBLISHES AND DISTRIBUTES ONE TOURISM GUIDEBOOK ANNUALLY, THE VERMONT ANNUAL INSPIRATION GUIDE, AND MANAGES A STATEWIDE TOURISM BUSINESS DIRECTORY. MEMBERS AND NON-MEMBERS CAN PURCHASE ADVERTISEMENTS AND LISTINGS IN THE MAGAZINE AND DIRECTORY, WHICH ARE BOTH PRINT AND WEB-BASED. MEMBERS ARE PROVIDED A DISCOUNT AS A BENEFIT OF MEMBERSHIP, WHICH FURTHERS THE CHAMBER'S MISSION TO CREATE AN ECONOMIC CLIMATE CONDUCIVE TO BUSINESS GROWTH. EXPENSES RELATED TO TRAVEL AND TOURISM CONSIST PRIMARILY OF PRINTING AND DISTRIBUTION COSTS, AS WELL AS THE SALARIES AND BENEFITS FOR ADVERTISING SALES AND SUPPORT STAFF.
  • EVENTS: THE CHAMBER HOSTS SEVERAL EVENTS THROUGHOUT THE YEAR, GENERATING REVENUE FROM SPONSORSHIPS, EXHIBITION BOOTH SALES AND GENERAL ADMISSION. THE LARGEST EVENTS INCLUDE THE VERMONT ECONOMIC CONFERENCE, THE MANUFACTURING SUMMIT AND THE CITIZEN OF THE YEAR AWARDS. EXPENSES RELATED TO EVENTS ARE RELATED TO EVENT MANAGEMENT AND SUPPORT PERSONNEL, AS WELL AS FACILITY RENTAL, CATERING AND PROMOTIONAL COSTS.
  • MEMBERSHIP: THE CHAMBER'S MEMBERSHIP BASE IS COMPRISED OF ROUGHLY 1,000 VERMONT BUSINESSES THAT PAY DUES ANNUALLY IN AN AMOUNT BASED ON THE SIZE OF THE BUSINESS. MEMBERSHIP PROGRAM EXPENSES CONSIST PRIMARILY OF THOSE RELATING TO SALES PERSONNEL AND MEMBER RECRUITMENT AND RETENTION.
  • GOVERNMENTAL AFFAIRS: THERE ARE THREE LOBBYISTS EMPLOYED BY THE CHAMBER WHO ADVOCATE ON BEHALF OF VERMONT BUSINESSES ON ISSUES IDENTIFIED AS IMPORTANT TO MEMBERS. THIS IS VIEWED AS A SIGNIFICANT BENEFIT OF MEMBERSHIP IN THE CHAMBER AND DOES NOT GENERATE DIRECT REVENUE. EXPENSES ARE PRIMARILY PERSONNEL-RELATED, AND ALSO INCLUDE ANY OUTSIDE CONSULTING FEES PAID. VACE: THE CHAMBER WAS THE ADMINISTRATOR FOR THE VACE INSURANCE PROGRAM, A GROUP DENTAL AND VISION INSURANCE ASSOCIATION PLAN. THE VACE ASSOCIATION PLAN COVERED NEARLY 1,000 SMALL BUSINESSES IN VERMONT. ALL PREMIUM BILLING, ENROLLMENTS AND CUSTOMER SERVICE WERE HANDLED BY THE CHAMBER STAFF. REVENUE TO THE CHAMBER WAS IN THE FORM OF MONTHLY ADMINISTRATIVE CONTRACT FEES BASED ON THE NUMBER OF SUBSCRIBERS AT THE END OF EACH MONTH. EXPENSES RELATE TO SALARIES, BENEFITS AND POSTAGE.

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
03-0184299
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1954
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,283,379
Income (IRS master file)
$1,746,633

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,746,633$1,812,310$2,283,379XML
990September 2024$1,773,837$1,797,581$2,070,370XML
990September 2023$1,571,837$1,779,351$1,985,133XML
990September 2022$1,449,444$1,625,246$2,151,234IRS
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 03-0184299).

Questions about VERMONT CHAMBER OF COMMERCE

What is the EIN of VERMONT CHAMBER OF COMMERCE?
The employer identification number (EIN) of VERMONT CHAMBER OF COMMERCE is 03-0184299.
Is VERMONT CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1954.
Are donations to VERMONT CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VERMONT 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 VERMONT 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 VERMONT 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 VERMONT CHAMBER OF COMMERCE?
The 990 for the year ended September 30, 2025 names AMY SPEAR.
Who are the officers and directors of VERMONT CHAMBER OF COMMERCE?
The 990 for the year ended September 30, 2025 lists 24 people; 1 received compensation from the organization, the highest $111,176 (AMY SPEAR, PRESIDENT/SE).
How much revenue does VERMONT CHAMBER OF COMMERCE have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,746,633, expenses of $1,812,310 and total assets of $2,283,379 at year end.

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