Nonprofit · EIN 81-0687884
BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I
Tax-exempt · BRATTLEBORO, VT 05301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,479 | $10,601 | -$1,122 | $471,923 | $0 | $471,923 |
| June 30, 2024 | 990 | $990 | $52,281 | -$51,291 | $146,968 | $8,606 | $138,362 |
| June 30, 2023 | 990 | $664,916 | $475,565 | $189,351 | $190,780 | $1,127 | $189,653 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $9,479
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,900
Balance sheet and other
- Total assets, start of year
- $146,968
- Total assets, end of year
- $471,923
- Total liabilities, end of year
- $0
- Net assets, end of year
- $471,923
- Land, buildings and equipment
- $39,290
- Net assets without donor restrictions
- $471,923
- Gross receipts
- $9,479
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2015
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ADAM GRINOLD | PRESIDENT Trustee or director, Officer | 1 | $0 | $159,863 | $5,411 |
| BOBBI KILBURN | DIRECTOR OF FINANCE Officer | 1 | $0 | $136,869 | $27,102 |
| CRAIG MISKOVICH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DART EVERETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ADAM GRINOLD | PRESIDENT Trustee or director, Officer | 1 | $0 | $155,910 | $4,677 |
| BOBBI KILBURN | DIRECTOR OF FINANCE Officer | 1 | $0 | $126,214 | $23,793 |
| CRAIG MISKOVICH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DART EVERETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ADAM GRINOLD | PRESIDENT Trustee or director, Officer | 1 | $0 | $148,513 | $4,455 |
| BOBBI KILBURN | DIRECTOR OF FINANCE Officer | 1 | $0 | $115,680 | $9,600 |
| CRAIG MISKOVICH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DART EVERETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 76 COTTON MILL HILL, BRATTLEBORO, VT 05301-7702
- In care of
- % BRATTLEBORO DEVELOPMENT CREDIT CO
- Mailing address (990-N for 2025)
- 76 COTTON MILL HILL, BRATTLEBORO VT 05301
- Principal officer (990 for 2024)
- ADAM GRINOLD, 76 COTTON MILL HILL, BRATTLEBORO, VT 05301
- Principal officer (990-N for 2025)
- ADAM GRINOLD, 76 COTTON MILL HILL, BRATTLEBORO VT 05301
- Signed the 990
- ADAM GRINOLD, PRESIDENT
- Phone
- (802) 257-7731
- Return prepared by
- CBIZ ADVISORS LLC
Mission
BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS, INC.IS A PUBLIC BENEFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY AS A CHAMBER OF COMMERCE WITHIN THE MEANING OF SECTION 501 (6) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED, (SEE SCH O) AND FOR SPECIFICALLY STATED PURPOSES. WITHOUT IN ANY WAY LIMITED TO THE FOREGOING GENERAL PURPOSES, THE SPECIFIC PURPOSE OF THE CORPORATION IS TO FOSTER, ENCOURAGE, AND ASSIST BOTH THE PHYSICAL LOCATION OF BUSINESS ENTERPRISES WITHIN THE STATE OF VERMONT AND THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF WINDSOR AND WINDHAM COUNTIES.
Program accomplishments
- BDCC HOLDINGS WAS FORMED TO BE A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS IN ACCORDANCE WITH THE TERMS UNDER THE NEW MARKETS TAX CREDIT (NMTC) PROGRAM PURSUANT TO SECTION 45D OF THE INTERNAL REVENUE CODE (IRC). UNTIL FISCAL YEAR 2023 WHEN BDCC HOLDINGS UNWOUND THE NMTC STRUCTURE THEY WERE REQUIRED TO COMPLY WITH VARIOUS RULES AND REGULATIONS AND FAILURE TO COMPLY WITH THESE OR OTHER REQUIREMENTS COULD RESULT IN THE RECAPTURE OF NMTC'S ALREADY TAKEN BY THE NMTC INVESTOR. BDCC HOLDINGS NOW SERVES TO BE AVAILABLE TO BDCC IN SUPPORT OF CURRENT AND FUTURE DEVELOPMENT PROJECTS, AND IS THE OWNER OF PROPERTY LOCATED AT THE EXIT ONE INDUSTRIAL PARK WHICH IS MADE AVAILABLE TO MEET STORMWATER REQUIREMENTS FOR THE PARK'S COMMERCIAL NEEDS.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-N on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0687884
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $471,923
- Income (IRS master file)
- $9,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: ADAM GRINOLD | June 30, 2026 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2025 | $9,479 | $10,601 | $471,923 | XML |
| 990 | June 2024 | $990 | $52,281 | $146,968 | IRS |
| 990 | June 2023 | $664,916 | $475,565 | $190,780 | XML |
| 990 | June 2022 | $552,941 | $845,621 | $16,974,658 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 81-0687884).
Questions about BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I
- What is the EIN of BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I?
- The employer identification number (EIN) of BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I is 81-0687884.
- Is BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
- Are donations to BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended June 30, 2026.
- Who is the principal officer of BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I?
- The 990 for the year ended June 30, 2025 names ADAM GRINOLD.
- Who are the officers and directors of BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does BRATTLEBORO DEVELOPMENT CREDIT CORPORATION REAL ESTATE HOLDINGS I have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,479, expenses of $10,601 and total assets of $471,923 at year end.
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- SOUTHEASTERN VERMONT ECONOMIC DEVELOPMENT STRATEGIES INC EIN 46-2760132 · last filed 990 for 2025
- BRATTLEBORO AREA CHAMBER OF COMMERCE INC EIN 03-0107245 · last filed 990-EZ for 2025
- BRATTLEBORO DEVELOPMENT CREDIT CORP REAL ESTATE HOLDINGS II INC EIN 81-3578784 · last filed 990 for 2025
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All nonprofits in BRATTLEBORO · Vermont · Community improvement and capacity building