Public Charity

LAKE CHAMPLAIN OPPORTUNITY FUND INC

LAKE CHAMPLAIN OPPORTUNITY FUND INC is a Public Charity headquartered in BURLINGTON, VT. Financial data from the 2025 filing: $179K revenue, $220K expenses, $1.4M total assets. 4 publicly reported grants to this organization, totaling roughly $193K, appear in IRS filings.

EIN: 030366744 BURLINGTON, VT Business & Industry NTEE: S40 Latest filing: 2025
Total Revenue$179K
Total Expenses$220K
Total Assets$1.4M
Grant Records4
Funding Total$193K
Filing Years2021–2025

Mission

THE PURPOSE OF THIS NON-PROFIT ORGANIZATION IS TO DEVELOP AND IMPLEMENT WORKFORCE DEVELOPMENT STRATEGIES THAT SUPPORT BUSINESS AND INDUSTRY PRIMARILY IN OUR REGION OF VERMONT (CHITTENDEN COUNTY) AND STATEWIDE. THESE STRATEGIES INCLUDE THE LAUNCHVT INITIATIVE.

Where $100 goes at Lake Champlain Opportunity Fund Inc

How Lake Champlain Opportunity Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$90 Programs the work itself
$2 Management running the organization
$8 Fundraising raising the next dollar

Inside the $90 for programs

$90
Launchvt works with its community partners to provide business acceleration programs and resources that empower vermonters to solve problems and create economic opportunity in their communities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alex Halpern
PRESIDENT Cathy Davis
DIRECTOR Dave Lane
DIRECTOR Don Baker
DIRECTOR Heather Ross
DIRECTOR Mike Keller

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$160,000 3 grants
Fundraising & Sponsorship
$33,079 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $179K $220K $1.4M
2024 $419K $173K $1.4M
2023 $287K $134K $1.2M
2022 $249K $65K $1.0M
2021 $987K $266K $1.1M

Between 2021 and 2025, reported annual revenue declined from $987K to $179K (-82%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

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