Nonprofit · EIN 03-6006002
VERMONT PRINCIPALS ASSOCIATION INC
Tax-exempt · MONTPELIER, VT 05602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,086,760 | $2,111,995 | -$25,235 | $1,076,275 | $87,103 | $989,172 |
| June 30, 2024 | 990 | $2,359,542 | $2,354,592 | $4,950 | $1,136,991 | $143,813 | $993,178 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $805,856
- Membership dues
- $475,163
- Program service revenue
- $1,175,502
- Investment income
- $21,449
- Net gain from sales of assets
- $7,050
- Net income from sales of inventory
- $11,725
- Other revenue
- $83,953
Expenses
- Grants and similar amounts paid
- $257,575
- Compensation of officers, directors and key employees
- $186,927
- Other salaries and wages
- $603,657
- Salaries, compensation and benefits (total)
- $1,066,079
- Professional fundraising fees
- $0
- Legal fees
- $1,017
- Accounting fees
- $3,250
- Occupancy
- $30,165
- Travel
- $17,622
- Depreciation
- $3,585
- Program services (functional)
- $1,866,570
- Management and general (functional)
- $175,526
- Fundraising (functional)
- $69,899
Balance sheet and other
- Total assets, start of year
- $1,136,991
- Total assets, end of year
- $1,076,275
- Total liabilities, end of year
- $87,103
- Net assets, end of year
- $989,172
- Land, buildings and equipment
- $2,892
- Publicly traded securities
- $382,040
- Net assets without donor restrictions
- $971,855
- Net assets with donor restrictions
- $17,317
- Gross receipts
- $2,113,130
- Employees
- 6
- Volunteers
- 250
- Year formed
- 1915
- 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 |
|---|---|---|---|---|
| JAY NICHOLS | Executive Dir. Officer | 55 | $176,685 | $61,804 |
| MICHAEL J MCRAITH | ASSOC EX DIR | 40 | $140,412 | $14,677 |
| TIM PAYNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT TABACHNICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS YOUNG | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 | $0 |
| JASON GINGOLD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIK REMMERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERICA LECLAIR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTIE MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANGELA FILION | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNSUNEE SWIFT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARY GUGGENBERGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NATHAN MCNAUGHTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETH O'BRIEN | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JIM AVERY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REBECCA FILLION | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HOLLY ROUELLE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAY NICHOLS | Executive Dir. Officer | 55 | $156,546 | $54,537 |
| MICHAEL J MCRAITH | ASSOC EX DIR | 40 | $129,115 | $15,969 |
| MARY ROSS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT TABACHNICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS YOUNG | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 | $0 |
| SARAH PICKERING | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ADAM BUNTING | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERICA LECLAIR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTIE MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICK GUCKIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNSUNEE SWIFT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARY GUGGENBERGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NATHAN MCNAUGHTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETH O'BRIEN | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PAM ARNOLD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REBECCA FILLION | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| HOLLY ROUELLE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 PROSPECT STREET, MONTPELIER, VT 05602-3815
- In care of
- % DELINA OR KENNETH
- Principal officer (990 for 2024)
- JAY NICHOLS, 2 PROSPECT STREET, MONTPELIER, VT 05602
- Signed the 990
- JAY NICHOLS, Executive Direc
- Phone
- (802) 229-0547
- Website
- WWW.VPAONLINE.ORG
- Return prepared by
- Fothergill Segale & Valley LLC
Mission
PROVIDING EXEMPLARY PROGRAMS AND SERVICES THAT SUPPORT VERMONT'S STUDENTS AND ITS SCHOOL LEADERS.
Program accomplishments
- Provide sponsorship of co-curricular activities that support academics and cultivate the high ideals of good citizenship, leadership and sportsmanship.Expenses $1,015,607 · revenue $681,504
- Deliver professional development opportunities by providing professional academic and leadership components for members. The program supports best practices and models. The program also works to develop a strong networking system for members including: active regional groups, collaboration with other organizations and joint planning and peer associations.Expenses $850,963 · grants $257,575 · revenue $566,553
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
- 03-6006002
- 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
- 1962
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,076,275
- Income (IRS master file)
- $2,113,130
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,086,760 | $2,111,995 | $1,076,275 | XML |
| 990 | June 2024 | $2,359,542 | $2,354,592 | $1,136,991 | XML |
| 990 | June 2023 | $1,793,104 | $1,786,726 | $1,082,941 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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 03-6006002).
Questions about VERMONT PRINCIPALS ASSOCIATION INC
- What is the EIN of VERMONT PRINCIPALS ASSOCIATION INC?
- The employer identification number (EIN) of VERMONT PRINCIPALS ASSOCIATION INC is 03-6006002.
- Is VERMONT PRINCIPALS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
- Are donations to VERMONT PRINCIPALS ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERMONT PRINCIPALS ASSOCIATION INC 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 PRINCIPALS ASSOCIATION INC 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 VERMONT PRINCIPALS ASSOCIATION INC 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 VERMONT PRINCIPALS ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 names JAY NICHOLS.
- Who are the officers and directors of VERMONT PRINCIPALS ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $176,685 (JAY NICHOLS, Executive Dir.).
- How much revenue does VERMONT PRINCIPALS ASSOCIATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,086,760, expenses of $2,111,995 and total assets of $1,076,275 at year end.
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