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Vermont · Nonprofit

RUTLAND ECONOMIC DEVELOPMENT CORP

RUTLAND ECONOMIC DEVELOPMENT CORP (Vermont) receives grants from 1 organization whose IRS filings report $19,489 to it, the largest being BRATTLEBORO DEVELOPMENT CREDIT CORP ($19,489). 0 of them have funded it in more than one year.

Revenue FY2025
$1.7M
Funders on record
1
Grants received
$19k
Net assets
$2.5M
0/1 repeat funderspeak grant-dependency 2%
01What it does

What Rutland Economic Development Corp does

Mission

To use collaboration, creativity, and ingenuity to create a regional economic climate conducive to business growth by recruiting talent and businesses of all kinds, growing and retaining employers, while creating a bridge to community and cultural organizations which promote healthy and vibrant neighborhoods and enhance the quality of life in rutland county.

As stated on its FY2025 Form 990.

Program

  1. Rutland Economic Development Corporation does business as the chamber & economic development of the rutland region(cedrr). The primary goal of cedrr is to facilitate the expansion, relocation and retention of business and industry in the area. A core function of cedrr is to expand and create partnerships and strategic alliances to provide technical assistance for starting and growing small businesses. To help fulfill this function, cedrr provides fixed-rate loans through its revolving loan fund. The revolving loan fund provides businesses with loans between 5,000 - 250,000. As loans are repaid, they are reinvested by cedrr in the form of new loans to other businesses. Cedrr also works with other partners such as vermont economic development authority (veda) and the u.s. Small business administration (sba) as well as private and alternative lenders. Cedrr also provides technical support, workforce training and development programs and business planning support to businesses throughout the region by providing resources for business financing, assisting with job postings and internship opportunities, creating workforce training programs, and providing a makerspace for people who get…

The program described on its FY2024 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($451k) Expenses 100 ($526k) Net assets 100 ($1.2M)2018 Revenue 103 ($467k) Expenses 81 ($426k) Net assets 101 ($1.2M)2019 Revenue 97 ($439k) Expenses 83 ($436k) Net assets 101 ($1.2M)2020 Revenue 106 ($478k) Expenses 87 ($457k) Net assets 103 ($1.2M)2021 Revenue 246 ($1.1M) Expenses 151 ($796k) Net assets 129 ($1.5M)2022 Revenue 213 ($962k) Expenses 143 ($753k) Net assets 147 ($1.8M)2023 Revenue 458 ($2.1M) Expenses 222 ($1.2M) Net assets 222 ($2.7M)2024 Revenue 388 ($1.8M) Expenses 324 ($1.7M) Net assets 226 ($2.7M)2025 Revenue 382 ($1.7M) Expenses 371 ($1.9M) Net assets 208 ($2.5M)
'17'18'19'20'21'22'23'24'25
Revenue (382)Expenses (371)Net assets (208)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.6M to $4.0M (+54%).

$2.3M
$2.4M
$2.2M
$2.2M
$2.5M
$2.6M
$4.0M
$3.8M
$3.5M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 28% · 2018 27% · 2019 28% · 2020 23% · 2021 19% · 2022 20% · 2023 61% · 2024 50% · 2025 49%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$74k
’17
$41k
’18
$3k
’19
$20k
’20
$313k
’21
$210k
’22
$904k
’23
$49k
’24
−$223k
’25
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed212220202622232015
Joined·+5+5+0+10+5+3+3+3
No longer listed·47049268
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'21
total
funders
1

Left out of every figure on this page: $183k from one payer (the payer shares this organization's board, largest Rutland Hospital Inc). These are real filings, and they are not money RUTLAND ECONOMIC DEVELOPMENT CORP raised.

From the IRS filings of RUTLAND ECONOMIC DEVELOPMENT CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of RUTLAND ECONOMIC DEVELOPMENT CORP's grant income comes from Vermont funders.

VT

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding RUTLAND ECONOMIC DEVELOPMENT CORP receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.8M on record — $3.0M federal, $1.8M state.

Federal$3.0M
grants $3.0Mcontracts $0
22
23
Top agencies
  • Department of Housing and Urban Development$1.7M
  • Department of Commerce$733k
  • Small Business Administration$500k
  • Department of Agriculture$50k
State$1.8M
09
10
11
12
13
14
15
16
17
18
19
20
21
22
Top programs
  • Other Contr and 3rd Pty Serv$694k
  • Grants$670k
  • Grants to Municipalities$258k
  • Other Grants$198k
  • Sponsorships$10k
  • Other Purchased Services$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like RUTLAND ECONOMIC DEVELOPMENT CORP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Vermont

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 10%Fundraising 5%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for RUTLAND ECONOMIC DEVELOPMENT CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RUTLAND ECONOMIC DEVELOPMENT CORP?
RUTLAND ECONOMIC DEVELOPMENT CORP (Vermont) receives grants from 1 organization whose IRS filings report $19,489 to it, the largest being BRATTLEBORO DEVELOPMENT CREDIT CORP ($19,489). 0 of them have funded it in more than one year.
How many funders does RUTLAND ECONOMIC DEVELOPMENT CORP have?
IRS filings report 1 organization giving $19,489 in grants to RUTLAND ECONOMIC DEVELOPMENT CORP.
Who is the largest funder of RUTLAND ECONOMIC DEVELOPMENT CORP?
BRATTLEBORO DEVELOPMENT CREDIT CORP is the largest funder on record, with $19,489 in grants. The full list of funders is on this page.
How can an organization like RUTLAND ECONOMIC DEVELOPMENT CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing