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Nonprofit · EIN 03-0289811

ASSOCIATION OF VERMONT INDEPENDENT COLLEGES

Tax-exempt · MONTPELIER, VT 05601

Financials

$170K$192K2022$167K$161K2023$177K$162K2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION OF VERMONT INDEPENDENT COLLEGES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$176,942$161,689$15,253$132,220$4,391$127,829
June 30, 2024990-EZ$166,790$160,704$6,086$115,821$3,245$112,576
June 30, 2023990-EZ$170,013$192,133-$22,120$110,789$4,299$106,490
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Membership dues
$176,942

Expenses

Compensation of officers, directors and key employees
$109,583
Salaries, compensation and benefits (total)
$138,243
Professional fees and payments to contractors
$5,986
Printing, publications and postage
$364
Other expenses
$17,096
Program services (functional)
$108,208

Balance sheet and other

Total assets, start of year
$115,821
Total assets, end of year
$132,220
Total liabilities, end of year
$4,391
Net assets, end of year
$127,829
Cash, savings and investments
$132,220
Gross receipts
$176,942

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KIMBERLY JESSUPPRESIDENT40$109,583$16,675
SCOTT THOMASSECRETARY/TREAS1$0–
JAMESS DLUGOSDIRECTOR1$0–
IAN BAUCOMDIRECTOR1$0–
JOHN BROADMEADOWDIRECTOR1$0–
LAURA WALKERDIRECTOR1$0–
MICHELLE OLLIEDIRECTOR1$0–
ALEJANDRO HERNANDEZVICE CHAIR1$0–
RICHARD PLUMBDIRECTOR1$0–
BETH MCCORMACKDIRECTOR1$0–
SOPHIA HOWLETTCHAIR1$0–
ANDREW RAMSAMMYDIRECTOR1$0–
DAN BROMBERGDIRECTOR1$0–
990-EZ for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
KIMBERLY JESSUPPresident40$99,881$16,540
SCOTT THOMASSECRETARY/TREAS1$0–
JAMESS DLUGOSDirector1$0–
LAURIE PATTONDirector1$0–
JOHN BROADMEADOWDirector1$0–
LAURA WALKERDirector1$0–
MICHELLE OLLIEDirector1$0–
ALEJANDRO HERNANDEZVICE CHAIR1$0–
RICHARD PLUMBDirector1$0–
RODNEY SMOLLADirector1$0–
SOPHIA HOWLETTCHAIR1$0–
ANDREW RAMSAMMYDirector1$0–
990-EZ for the year ended June 30, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
SUSAN STITELYPres (Former)40$97,753$21,277
KIMBERLY JESSUPPresident40$15,575–
LESLIE WARDDirector1$0–
LAURIE PATTONCHAIR1$0–
MARK ANARUMOVICE CHAIR1$0–
LAURA WALKERDirector1$0–
MICHELLE OLLIEDirector1$0–
ALEJANDRO HERNANDEZDirector1$0–
DAN HOCOYDirector1$0–
RODNEY SMOLLADirector1$0–
PETER EDENDirector1$0–
LORAINE STERRITTDirector1$0–
LORI COLLINS-HALLDirector1$0–
SOPHIA HOWLETTSec/Treasurer1$0–

Address and contacts

Address (IRS master file)
PO BOX 254, MONTPELIER, VT 05601-0254
Signed the 990-EZ
KIMBERLY JESSUP, President
Phone
(802) 828-8826
Return prepared by
Fothergill Segale & Valley LLC

Mission

DEVELOPMENT & PRESERVATION OF VERMONT INDEPENDENT COLLEGES.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • AVIC FURTHERS THE DEVELOPMENT AND PRESERVATION OF THE INDEPENDENT COLLEGE & UNIVERSITY IN THE STATE OF VERMONT THRU REPRESENTATION, PROMOTION & SUPPORT OF ITS MEMBERS AND THEIR ACTIVITIES.
    Expenses $108,208

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
03-0289811
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20Z)
Assets (IRS master file)
$132,220
Income (IRS master file)
$176,942

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$176,942$161,689$132,220XML
990-EZJune 2024$166,790$160,704$115,821IRS
990-EZJune 2023$170,013$192,133$110,789XML
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2019–––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 03-0289811).

Questions about ASSOCIATION OF VERMONT INDEPENDENT COLLEGES

What is the EIN of ASSOCIATION OF VERMONT INDEPENDENT COLLEGES?
The employer identification number (EIN) of ASSOCIATION OF VERMONT INDEPENDENT COLLEGES is 03-0289811.
Is ASSOCIATION OF VERMONT INDEPENDENT COLLEGES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to ASSOCIATION OF VERMONT INDEPENDENT COLLEGES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASSOCIATION OF VERMONT INDEPENDENT COLLEGES 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 ASSOCIATION OF VERMONT INDEPENDENT COLLEGES due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASSOCIATION OF VERMONT INDEPENDENT COLLEGES last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of ASSOCIATION OF VERMONT INDEPENDENT COLLEGES?
The 990-EZ for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $109,583 (KIMBERLY JESSUP, PRESIDENT).
How much revenue does ASSOCIATION OF VERMONT INDEPENDENT COLLEGES have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $176,942, expenses of $161,689 and total assets of $132,220 at year end.

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