Brattleboro Development Credit Corp

BRATTLEBORO, VT EIN: 03-6010485 Website

BRATTLEBORO DEVELOPMENT CREDIT CORPORATION (BDCC), IS A PRIVATE, NONPROFIT ECONOMIC DEVELOPMENT ORGANIZATION THAT SERVES AS A CATALYST FOR INDUSTRIAL AND COMMERCIAL GROWTH THROUGHOUT SOUTHEASTERN VERMONT, INCLUDING WINDHAM COUNTY AND THE TOWNS OF READSBORO, (SEE SCH. O)SEARSBURG, WESTON, AND WINHALL. THE PRIMARY OBJECTIVE OF BDCC IS TO INVEST IN THE DRIVERS OF THE REGIONAL ECONOMY SO THAT PEOPLE, BUSINESSES, AND COMMUNITIES IN SOUTHERN VERMONT CAN THRIVE. OUR VISION STATEMENT READS: PEOPLE WHO LOVE SOUTHERN VERMONT HAVE OPPORTUNITIES TO THRIVE HERE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$17.8M

-38.7% YoY

Annual Giving

$351K

+63.6% YoY

Grant Count

12

-20.0% YoY

Avg Grant Size

$29K

+104.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$17,790,310$29,036,082$36,714,715
Revenue$5,989,794$5,445,267$6,512,672
Expenses$4,883,462$4,738,385$4,545,344
Qualifying Distributions
Net Investment Income$693,749$416,800$1,399,472
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$88K$176K$263K$351K0 grants20200 grants20210 grants202215 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GREEN RIVER$150KSEVEDS$50KSOUTHEAST VERMONT TRANSIT$33KETHIOPIAN COMMUNITY DEVE…$33KWICKEN CLEAN GROOMING$20K1A COFFEE ROASTERS$15KGRATEFUL GREENS$15KTOWN OF PUTNEY$8KCASP$8KCOMMUNITY DEVELOPMENT SU…$6K

Grant Size Distribution

27 grants across all recorded years

24<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Brattleboro Development Credit Corp fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ADAM GRINOLDEXECUTIVE DIRECTOR$156KBOBBI KILBURNDIRECTOR OF FINANCE$126KJEN STROMSTENDIRECTOR OF PROGRAMS$103K

From 2024 filing

NameTitleHoursCompensation
CRAIG MISKOVICHCHAIR1
TAMMY RICHARDSVICE CHAIR1
DEBORAH BOYLETREASURER1
JOHN MEYERASST. TREASURER1
ROBERT STEVENSTRUSTEE1
DAN NORMANDEAUTRUSTEE1
MARK RICHARDSTRUSTEE1
KEVIN MEYERTRUSTEE1
TRACEY JOHNTRUSTEE1
ELIZABETH BRIDGEWATERTRUSTEE1
STEPHAN MORSETRUSTEE1
PETER CARVELLTRUSTEE - RESIGNED FY241
PHIL STECKLERTRUSTEE - DECEASED FY241
ADAM GRINOLDEXECUTIVE DIRECTOR40$155,910
BOBBI KILBURNDIRECTOR OF FINANCE40$126,214
JEN STROMSTENDIRECTOR OF PROGRAMS40$103,003

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

ArlingtonAthensBrattleboroBurlingtonEast CalaisEast DummerstonEssex JunctionGeorgiaGuilfordJohnsburyLondonderryMontpelierPutneyReadsboroSouth BurlingtonSt AlbansWilmingtonWindsorWoodbury

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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