Public Charity

Building a Local Economy

Building a Local Economy is a Public Charity headquartered in South Royalton, VT. Financial data from the 2025 filing: $78K revenue, $174K expenses, $92K total assets. 11 publicly reported grants to this organization, totaling roughly $562K, appear in IRS filings.

EIN: 274850835 South Royalton, VT Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$78K
Total Expenses$174K
Total Assets$92K
Grant Records11
Funding Total$562K
Filing Years2021–2025

Mission

BALE is a community resource center devoted to the creation and development of farm, food and local economy initiatives in the Upper White River Valley of Vermont.

Where $100 goes at Building a Local Economy

How Building a Local Economy divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$8 Management running the organization
$4 Fundraising raising the next dollar

Inside the $88 for programs

$88
In 2025 we offered a range of educational and community-building programs at our physical location and remotely including classes, meetings, art shows, music events and films
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

Treasurer Anthony Bednar
Executive Director Chris Wood
Vice President Earl Hatley
Executive Director, Current Elena Greenlee
Director Lynne Hadley
Secretary Shelby Kalm

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$431,300 9 grants
Environment & Conservation
$5,400 1 grant
Unspecified
$125,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $78K $174K $92K
2024 $264K $169K $188K
2023 $181K $185K $93K
2022 $197K $173K $97K
2021 $191K $180K $72K

Between 2021 and 2025, reported annual revenue declined from $191K to $78K (-59%), with total assets most recently reported at $92K.

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

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