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Nonprofit · EIN 03-6008758

ST JOHNSBURY DEVELOPMENT FUND INC

Tax-exempt · ST JOHNSBURY, VT 05819

Financials

$112K$98K2022$318K$741K2023$108K$91K2024
Revenue Expenses · by fiscal year end
Financials of ST JOHNSBURY DEVELOPMENT FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$107,658$90,870$16,788$1,197,716$427,110$770,606
September 30, 2024990$318,328$740,712-$422,384$1,835,188$1,082,773$752,415
September 30, 2023990$112,053$97,617$14,436$2,280,401$1,051,894$1,228,507
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$44,538
Net rental income
$63,120
Net gain from sales of assets
$44,229
Other revenue
$63,120

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$635
Accounting fees
$3,937
Depreciation
$31,646
Program services (functional)
$90,870

Balance sheet and other

Total assets, start of year
$1,835,188
Total assets, end of year
$1,197,716
Total liabilities, end of year
$427,110
Net assets, end of year
$770,606
Land, buildings and equipment
$965,733
Net assets without donor restrictions
$770,606
Gross receipts
$107,658
Employees
0
Volunteers
31
Year formed
1960
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 / weekCompensation
Daniel KimbellPresident
Trustee or director, Officer
1$0
Jon FreemanFirst Vice President
Trustee or director, Officer
0.5$0
Aminta ConantSecond Vice President
Trustee or director, Officer
0.5$0
Martha DavisSecretary
Trustee or director, Officer
0.5$0
Mark CloughTreasurer
Trustee or director, Officer
0.5$0
John GoodrichDirector
Trustee or director
0.5$0
Jamie MurphyDirector
Trustee or director
0.5$0
Jeff MooreDirector
Trustee or director
0.5$0
Stanley WelchDirector
Trustee or director
0.5$0
Kurt ZschauDirector
Trustee or director
0.5$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
Daniel KimbellPresident
Trustee or director, Officer
1$0
Jon FreemanFirst Vice President
Trustee or director, Officer
0.5$0
Aminta ConantSecond Vice President
Trustee or director, Officer
0.5$0
Martha DavisSecretary
Trustee or director, Officer
0.5$0
Mark CloughTreasurer
Trustee or director, Officer
0.5$0
John GoodrichDirector
Trustee or director
0.5$0
Jamie MurphyDirector
Trustee or director
0.5$0
Jeff MooreDirector
Trustee or director
0.5$0
Stanley WelchDirector
Trustee or director
0.5$0
Kurt ZschauDirector
Trustee or director
0.5$0
990 for the year ended September 30, 2023: 10 people
NameTitleHours / weekCompensation
Daniel KimbellPresident
Trustee or director, Officer
1$0
Jon FreemanFirst Vice President
Trustee or director, Officer
0.5$0
Aminta ConantSecond Vice President
Trustee or director, Officer
0.5$0
Martha DavisSecretary
Trustee or director, Officer
0.5$0
Mark CloughTreasurer
Trustee or director, Officer
0.5$0
John GoodrichDirector
Trustee or director
0.5$0
Jamie MurphyDirector
Trustee or director
0.5$0
Jeff MooreDirector
Trustee or director
0.5$0
Stanley WelchDirector
Trustee or director
0.5$0
Kurt ZschauDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1236 MAIN ST, ST JOHNSBURY, VT 05819-2688
Principal officer (990 for 2024)
Daniel Kimbell, 1236 Main Street, St Johnsbury, VT 05819
Signed the 990
Daniel Kimbell, President
Phone
(802) 751-4334
Return prepared by
DENISE SULLIVAN CPA LLC

Mission

Economic development Economic development in rural Northern Vermont - the fund has been successful in securing several medium-sized manufacturing businesses and increasing the jobs in the St. Johnsbury

990 for the year ended September 30, 2025

Program accomplishments

  • Economic development in Rural Northern Vermont. The Fund has been successful in securing several medium sized manufacturing businesses and increasing the jobs available in the St. Johnsbury Lyndon area. These jobs are paying better than average wages.
    Expenses $90,870 · revenue $107,658

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 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
03-6008758
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1959
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,197,716
Income (IRS master file)
$107,658

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$107,658$90,870$1,197,716XML
990September 2024$318,328$740,712$1,835,188XML
990September 2023$112,053$97,617$2,280,401XML
990September 2022$89,049$62,968$1,703,384IRS
990September 2021–––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 03-6008758).

Questions about ST JOHNSBURY DEVELOPMENT FUND INC

What is the EIN of ST JOHNSBURY DEVELOPMENT FUND INC?
The employer identification number (EIN) of ST JOHNSBURY DEVELOPMENT FUND INC is 03-6008758.
Is ST JOHNSBURY DEVELOPMENT FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1959.
Are donations to ST JOHNSBURY DEVELOPMENT FUND INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ST JOHNSBURY DEVELOPMENT FUND 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 ST JOHNSBURY DEVELOPMENT FUND INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ST JOHNSBURY DEVELOPMENT FUND INC 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 ST JOHNSBURY DEVELOPMENT FUND INC?
The 990 for the year ended September 30, 2025 names Daniel Kimbell.
Who are the officers and directors of ST JOHNSBURY DEVELOPMENT FUND INC?
The 990 for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does ST JOHNSBURY DEVELOPMENT FUND INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $107,658, expenses of $90,870 and total assets of $1,197,716 at year end.

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