Overview

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Est.

1979

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

990s

990 file icon
2025
990 file icon
2024
990 file icon
2023
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AI Summary

The Franklin County Industrial Development Corporation (EIN: 51-0192568) is dedicated to promoting the development and growth of private industry in the greater St. Albans area and throughout Franklin County. With an operating budget of $1.4 million and total revenue of $1.5 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.fcidc.com.

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Mission Statement

To promote development and growth of private industry in the greater St. Albans area and Franklin County as a whole

Cause Areas

1
Economic development
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Financials

2024
Revenues
$1.5M
Expenses
$1.4M
Net Income:
+$63.9K
Assets
$10.1M
Liabilities
$5.4M
Net Assets:
+$4.7M

Financial Trends

2024
Operating Budget
$1.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "Salvation Farms Inc"
Salvation Farms Inc
Morrisville, VT, US
$28K
36%
BRATTLEBORO DEVELOPMENT CREDIT CORP
BRATTLEBORO, VT, US
$2M
< 1%

Grants Received

2021
Total No. of Grants
2
Median grant size
$9.5K
Largest grant received
$10K

Board & Team

T
Timothy Smith
Board Member
A
Amy Kimball
Board Member
M
Mark Lareau
Board Member

Frequently Asked Questions

What is Franklin County Industrial Development Corporation’s budget?
In 2024, Franklin County Industrial Development Corporation reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does Franklin County Industrial Development Corporation support?
Franklin County Industrial Development Corporation supports work in Economic development.
Where does Franklin County Industrial Development Corporation operate?
Franklin County Industrial Development Corporation is headquartered in St. Albans, VT.
Who funded Franklin County Industrial Development Corporation recently?
In 2021, Franklin County Industrial Development Corporation received grants from Salvation Farms Inc and BRATTLEBORO DEVELOPMENT CREDIT CORP. More information on this organization’s funders is available to registered users.
What is the largest grant Franklin County Industrial Development Corporation received in 2021?
The largest grant to Franklin County Industrial Development Corporation in 2021 exceeds $10 thousand.
What is Franklin County Industrial Development Corporation’s reliance on government grants?
Franklin County Industrial Development Corporation relied on government grants for more than 20% of their total revenue in 2024.