Nonprofit · EIN 03-0333399
SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION
Tax-exempt · SPRINGFIELD, VT 05156
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,270,832 | $3,240,708 | $30,124 | $3,079,608 | $2,124,289 | $955,319 |
| June 30, 2024 | 990 | $510,661 | $446,087 | $64,574 | $3,702,964 | $2,777,770 | $925,194 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,579,096
- of which government grants
- $2,542,943
- Membership dues
- $36,153
- Program service revenue
- $43,916
- Investment income
- $27,332
- Net rental income
- $459,171
- Net gain from sales of assets
- -$19,707
- Other revenue
- $620,488
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $103,062
- Other salaries and wages
- $225,481
- Salaries, compensation and benefits (total)
- $387,249
- Professional fundraising fees
- $0
- Legal fees
- $14,255
- Accounting fees
- $8,475
- Occupancy
- $259,960
- Travel
- $7,245
- Depreciation
- $53,757
- Program services (functional)
- $3,196,853
- Management and general (functional)
- $43,855
Balance sheet and other
- Total assets, start of year
- $3,702,964
- Total assets, end of year
- $3,079,608
- Total liabilities, end of year
- $2,124,289
- Net assets, end of year
- $955,319
- Land, buildings and equipment
- $1,026,171
- Net assets without donor restrictions
- $476,739
- Net assets with donor restrictions
- $478,580
- Gross receipts
- $4,102,932
- Employees
- 8
- Volunteers
- 8
- Year formed
- 1992
- 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 | Other / benefits |
|---|---|---|---|---|
| Robert Flint | Executive Director Key employee | 40 | $98,074 | $4,772 |
| Doug Gurney | President Trustee or director, Officer | 0 | $0 | $0 |
| Patti Putnam | Vice President Trustee or director, Officer | 0 | $0 | $0 |
| Dale Williamson | Director Trustee or director | 0 | $0 | $0 |
| Nathaniel Cobb | Secretary/Treasurer Trustee or director, Officer | 0 | $0 | $0 |
| Arianna Robinson | Director Trustee or director | 0 | $0 | $0 |
| Gene Birmingham | Director Trustee or director | 0 | $0 | $0 |
| Brian Hernon | Director Trustee or director | 0 | $0 | $0 |
| Jeff Perkins | Director Trustee or director | 0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Flint | Executive Director Key employee | 40 | $100,769 |
| Doug Gurney | President Trustee or director, Officer | 0 | $0 |
| Patti Putnam | Vice President Trustee or director, Officer | 0 | $0 |
| Dale Williamson | Director Trustee or director | 0 | $0 |
| Nathaniel Cobb | Secretary/Treasurer Trustee or director, Officer | 0 | $0 |
| Rick Bibens | Director Trustee or director | 0 | $0 |
| Arianna Robinson | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 14 CLINTON ST STE 7, SPRINGFIELD, VT 05156-3302
- Principal officer (990 for 2024)
- Doug Gurney, 14 Clinton Square Ste 7, Springfield, VT 05156
- Signed the 990
- Nathaniel Cobb, Treasurer
- Phone
- (802) 885-3061
- Return prepared by
- VeroffCPA PC
Mission
Regional Development Center To coordinate public and private efforts to bring new jobs and industry to the region; to rehabilitate former manufacturing facilities and put
Program accomplishments
- To coordinate public and private efforts to bring new jobs and industry to the region; to rehabilitate former manufacturing facilities and put them back into service.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0333399
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $3,079,608
- Income (IRS master file)
- $4,102,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,270,832 | $3,240,708 | $3,079,608 | XML |
| 990 | June 2024 | $510,661 | $446,087 | $3,702,964 | XML |
| 990 | June 2023 | $441,877 | $385,178 | $3,543,377 | IRS |
| 990 | June 2022 | $1,257,207 | $957,948 | $3,571,752 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 03-0333399).
Questions about SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION
- What is the EIN of SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION is 03-0333399.
- Is SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1993.
- Are donations to SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION 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 SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION 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 SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Doug Gurney.
- Who are the officers and directors of SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $98,074 (Robert Flint, Executive Director).
- How much revenue does SPRINGFIELD REGIONAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,270,832, expenses of $3,240,708 and total assets of $3,079,608 at year end.
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All nonprofits in SPRINGFIELD · Vermont · Community improvement and capacity building