Nonprofit · EIN 27-4850835
BUILDING A LOCAL ECONOMY
Tax-exempt · S ROYALTON, VT 05068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $78,180 | $174,177 | -$95,997 | $91,694 | $305 | $91,389 |
| December 31, 2024 | 990 | $263,876 | $168,618 | $95,258 | $188,095 | $709 | $187,386 |
| December 31, 2023 | 990-EZ | $181,489 | $185,432 | -$3,943 | $92,764 | $636 | $92,128 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $78,180
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $75,664
- Compensation of officers, directors and key employees
- $17,156
- Salaries, compensation and benefits (total)
- $23,883
- Professional fundraising fees
- $0
- Accounting fees
- $2,760
- Occupancy
- $6,115
- Program services (functional)
- $158,719
- Management and general (functional)
- $11,457
- Fundraising (functional)
- $4,001
Balance sheet and other
- Total assets, start of year
- $188,095
- Total assets, end of year
- $91,694
- Total liabilities, end of year
- $305
- Net assets, end of year
- $91,389
- Net assets without donor restrictions
- $57,889
- Net assets with donor restrictions
- $33,500
- Gross receipts
- $78,180
- Employees
- 2
- Volunteers
- 100
- Year formed
- 2011
- 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 |
|---|---|---|---|
| Elena Greenlee | Executive Director, Current Officer | 10 | $11,500 |
| Chris Wood | Executive Director Officer | 10 | $5,656 |
| Sue Schlabach | President Trustee or director, Officer | 2 | $0 |
| Earl Hatley | Vice President Trustee or director, Officer | 1 | $0 |
| Anthony Bednar | Treasurer Trustee or director, Officer | 2 | $0 |
| Shelby Kalm | Secretary Trustee or director, Officer | 1 | $0 |
| Lynne Hadley | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chris Wood | Executive Director Key employee, Highest-paid employee | 35 | $33,939 |
| Sue Schlabach | Board Chair Trustee or director | 2 | $0 |
| Earl Hatley | Vice-Chair Trustee or director | 1 | $0 |
| Cecily Anderson | Secretary Trustee or director | 1 | $0 |
| Dee Gish | Treasurer Trustee or director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Chris Wood | Executive Director | 35 | $33,939 | $3,339 |
| Sue Schlabach | Board Chair | 2 | $0 | $0 |
| Earl Hatley | Vice-Chair | 2 | $0 | $0 |
| Cecily Anderson | Treasurer | 2 | $0 | $0 |
| Dee Gish | Secretary | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 211, S ROYALTON, VT 05068-0211
- Principal officer (990 for 2025)
- Elena Greenlee, 35 South Windsor St, South Royalton, VT 05068
- Signed the 990
- Elena Greenlee, Executive Director
- Phone
- (802) 498-8438
- Website
- www.balevt.org
- Return prepared by
- Rowley & Associates PC
Mission
BALE is a community resource center devoted to the creation and development of farm, food and local economy initiatives in the Upper White River Valley of Vermont.
Program accomplishments
- In 2025 we offered a range of educational and community-building programs at our physical location and remotely including classes, meetings, art shows, music events and films.Expenses $158,719 · grants $75,664
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-EZ on file |
IRS record
- EIN
- 27-4850835
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $91,694
- Income (IRS master file)
- $78,180
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $78,180 | $174,177 | $91,694 | XML |
| 990 | December 2024 | $263,876 | $168,618 | $188,095 | IRS |
| 990-EZ | December 2023 | $181,489 | $185,432 | $92,764 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 27-4850835).
Questions about BUILDING A LOCAL ECONOMY
- What is the EIN of BUILDING A LOCAL ECONOMY?
- The employer identification number (EIN) of BUILDING A LOCAL ECONOMY is 27-4850835.
- Is BUILDING A LOCAL ECONOMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BUILDING A LOCAL ECONOMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUILDING A LOCAL ECONOMY 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 BUILDING A LOCAL ECONOMY 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 BUILDING A LOCAL ECONOMY 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 BUILDING A LOCAL ECONOMY?
- The 990 for the year ended December 31, 2025 names Elena Greenlee.
- Who are the officers and directors of BUILDING A LOCAL ECONOMY?
- The 990 for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $11,500 (Elena Greenlee, Executive Director, Current).
- How much revenue does BUILDING A LOCAL ECONOMY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $78,180, expenses of $174,177 and total assets of $91,694 at year end.
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All nonprofits in S ROYALTON · Vermont · Community improvement and capacity building