Franklin County Industrial

St Albans, VT | http://www.fcidc.com

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Mission

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

Ruling year info

1972

Principal Officer

Timothy Smith

Main address

2 N Main St Fl PO

St Albans, VT 05478 United States

EIN

51-0192568

NTEE code info

Economic Development (S30)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

To provide rental space in a multi-tenant building to businesses for the purpose of promoting economic development in Franklin County

Expenses

$393,853

Revenue

$406,836

Program 2

To provide rental space to businesses in order to further encourage the development of industry in Franklin County

Expenses

$1,146,310

Revenue

$1,242,331

Program 3

To provide loans to area businesses and municipalities for acquisition and expansion purposesTo provide revolving loans for the creation of employment opportunities and/or the maintenance of existing jobs, particularly for the benefit of low income persons, displaced farm families and farm families needing to supplement their income. These funds are to be used for the purchase or expansion of land, buildings, machinery or equipment, start-up costs, feasibility studies or other working capital.

Expenses

$258,498

Revenue

$115,317

Where we work

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Financials

Franklin County Industrial

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Operations

The people, governance practices, and partners that make the organization tick.

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This organization has no recorded board members.