Nonprofit · EIN 20-2386108
SOUTHERN WINDSOR COUNTY INCUBATOR INC
Tax-exempt (reinstated) · SPRINGFIELD, VT 05156
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,086,072 | $1,057,261 | $28,811 | $602,732 | $79,969 | $522,763 |
| December 31, 2024 | 990 | $971,151 | $771,144 | $200,007 | $531,527 | $37,575 | $493,952 |
| December 31, 2023 | 990 | $824,335 | $636,744 | $187,591 | $331,699 | $37,754 | $293,945 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,081,663
- of which government grants
- $464,674
- Program service revenue
- $1,564
- Investment income
- $2,845
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $149,231
- Other salaries and wages
- $282,344
- Salaries, compensation and benefits (total)
- $504,460
- Professional fundraising fees
- $0
- Legal fees
- $254
- Accounting fees
- $6,756
- Occupancy
- $40,000
- Travel
- $11,433
- Depreciation
- $14,815
- Program services (functional)
- $997,859
- Management and general (functional)
- $59,402
Balance sheet and other
- Total assets, start of year
- $531,527
- Total assets, end of year
- $602,732
- Total liabilities, end of year
- $79,969
- Net assets, end of year
- $522,763
- Land, buildings and equipment
- $75,416
- Net assets without donor restrictions
- $522,763
- Gross receipts
- $1,086,072
- Employees
- 5
- Volunteers
- 8
- Year formed
- 2000
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VINCENT FUSCA | EXECUTIVE DIRECTOR Officer | 40 | $149,231 | $11,904 |
| PETER ANDREWS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BOB FLINT | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOSH DUFRESNE | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| HEATHER FRAHM | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MATT DUNNE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| PATRICK BRADLEY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARK CURRAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LORIE LOEB | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LYZA GARDNER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SAM COLEMAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| COLIN POLIDOR | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VINCENT FUSCA | EXECUTIVE DIRECTOR Officer | 40 | $150,004 | $20,703 |
| PETER ANDREWS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BOB FLINT | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOSH DUFRESNE | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| HEATHER FRAHM | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MATT DUNNE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| PATRICK BRADLEY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARK CURRAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LORIE LOEB | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LYZA GARDNER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SAM COLEMAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| COLIN POLIDOR | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VIN FUSCA | EXECUTIVE DIRECTOR Officer | 40 | $61,046 | $3,793 |
| MARGUERITE DIBBLE | EXECUTIVE DIRECTOR Officer | 40 | $61,935 | $0 |
| PETER ANDREWS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BOB FLINT | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| MATT DUNNE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| HEATHER FRAHM | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| PATRICK BRADLEY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SAM COLEMAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARK CURRAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LORIE LOEB | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOSH DUFRESNE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LYZA DANGER GARDNER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| COLIN POLIDOR | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 14 CLINTON STREET, SPRINGFIELD, VT 05156-3312
- Mailing address (990-N for 2017)
- 14 Clinton Square, Springfield VT 05156
- Principal officer (990 for 2025)
- PETER ANDREWS, 14 CLINTON STREET, SPRINGFIELD, VT 05156
- Principal officer (990-N for 2017)
- PETER ANDREWS, 14 Clinton Street Suite 7, Springfield VT 05156
- Signed the 990
- PETER ANDREWS, CHAIR
- Phone
- (802) 885-3061
- Website
- BRICVT.ORG
- Return prepared by
- AM PEISCH & COMPANY LLP
Mission
SOUTHERN WINDSOR COUNTY INCUBATOR DBA BLACK RIVER INNOVATION CAMPUSACTIVATES THRIVING COMMUNITIES THROUGH STEAM EDUCATION, STARTUPINCUBATION AND ACCELERATION, AND COLLABORATIVE INITIATIVES.
Program accomplishments
- ACTUATOR ENTREPRENEURSHIP PROGRAM - IN 2025, WE HOSTED THREE COHORTS OF COMPANIES IN THE IDEATION AND VALIDATION STAGES OF GROWTH. THESE 24 COMPANIES REPRESENTED FOUNDERS FROM COMMUNITIES THROUGHOUT VERMONT AND INCLUDED STARTUPS FROM BOSTON AND NEW YORK CITY THAT WERE CONSIDERING RELOCATION TO VERMONT. IN 2025, BRIC STARTED CONVERSATIONS WITH TWO COMPANIES AS THEY WORKED TO RELOCATE TO SPRINGFIELD, VT TO GROW THEIR COMPANIES.Expenses $17,994 · revenue $1,564
- STEAM EDUCATION PROGRAMS - IN PRIOR YEAR, BRIC HIRED ITS FIRST FULL TIME DIRECTOR OF STEAM PROGRAMS, WHO WAS INTEGRAL IN LAUNCHING FIVE WEEKS OF STEAM SUMMER CAMPS AND MULTIPLE LEGO ROBOTICS CLUBS, AND A COMPUTER SCIENCE EDUCATION PILOT THAT LEVERAGES VIDEO GAME DEVELOPMENT AND DESIGN THINKING TO ENGAGE STUDENTS IN STEAM ACTIVITIES, WHICH CONTINUED IN THE CURRENT YEAR. AS THE ORGANIZATION MOVES INTO 2026, IT IS EXPANDING PROGRAMS TO INCLUDE 20 SUMMER CAMPS, DRONE AND VIRTUAL REALITY EDUCATION, AND EMERGING TECHNOLOGY PROFESSIONAL DEVELOPMENT FOR EDUCATORS AND COMPANIES.Expenses $111,460
- TECH-BASED ECONOMIC DEVELOPMENT - IN 2025, BRIC CONTINUED IN A STATEWIDE CONSORTIUM OF INNOVATION HUBS AND COWORKING SPACES LED BY THE UNIVERSITY OF VERMONT LEAHY INSTITUTE FOR RURAL PARTNERSHIPS. THE ORGANIZATION ALSO CONTINUED WITH A $7 MILLION RENOVATION PROJECT AT ITS PARK STREET SCHOOL HEADQUARTERS. DESIGNED TO BE THE FIRST PHASE OF THE TBED INNOVATION HUB, THIS WORK WILL PROVIDE CRITICAL INFRASTRUCTURE FOR FUTURE TBED ACTIVITIES.Expenses $503,824
- Expenses $364,581
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2386108
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $602,732
- Income (IRS master file)
- $1,086,072
Revocation and reinstatement
- Exemption revoked
- May 15, 2011
- Posted by the IRS
- February 22, 2012
- Reinstated
- Effective July 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,086,072 | $1,057,261 | $602,732 | XML |
| 990 | December 2024 | $971,151 | $771,144 | $531,527 | XML |
| 990 | December 2023 | $824,335 | $636,744 | $331,699 | XML |
| 990 | December 2022 | $359,920 | $491,635 | $136,755 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: PETER ANDREWS | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-2386108).
Questions about SOUTHERN WINDSOR COUNTY INCUBATOR INC
- What is the EIN of SOUTHERN WINDSOR COUNTY INCUBATOR INC?
- The employer identification number (EIN) of SOUTHERN WINDSOR COUNTY INCUBATOR INC is 20-2386108.
- Is SOUTHERN WINDSOR COUNTY INCUBATOR INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective July 15, 2017.
- Are donations to SOUTHERN WINDSOR COUNTY INCUBATOR INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHERN WINDSOR COUNTY INCUBATOR 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 SOUTHERN WINDSOR COUNTY INCUBATOR INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHERN WINDSOR COUNTY INCUBATOR INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SOUTHERN WINDSOR COUNTY INCUBATOR INC?
- The 990 for the year ended December 31, 2025 names PETER ANDREWS.
- Who are the officers and directors of SOUTHERN WINDSOR COUNTY INCUBATOR INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $149,231 (VINCENT FUSCA, EXECUTIVE DIRECTOR).
- How much revenue does SOUTHERN WINDSOR COUNTY INCUBATOR INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,086,072, expenses of $1,057,261 and total assets of $602,732 at year end.
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All nonprofits in SPRINGFIELD · Vermont · Community improvement and capacity building