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Governance Register
US nonprofit · EIN 203823604 · Bristol, VTiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 203823604) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay.Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Wells Mountain Initiative Inc's network

14 peoplei14 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.

The board

14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 14 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Thomas M Wells ChairChairman2023
3 yrs
Afolobi OgunnaikeDirector2023
3 yrs
Christopher LutzDirector2019
7 yrs
Didier BlesinDirector2019
7 yrs
Gail NystromDirector2019
7 yrs
Gwenael ApollonDirector2019
7 yrs
JAG DalalDirector2024
2 yrs
Kenneth ForesterDirector2019
7 yrs
Margaret RushDirector2023
3 yrs
Mary Clark RomneyCompany secretary2019
7 yrs
Paul JeruchimowitzDirector2023
3 yrs
Rick ClaydonDirector2019
7 yrs
Rick KushelTreasurer2019
7 yrs
Robert DillDirector2019
7 yrs
Under 5 years5 to 6 years6 years or moreShow all 14 →

Officers and senior leadership

7 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Carol WellsDirector/Secretarysince 2019
Jordyn WellsExecutive Director Until July 2023since 2019
Lisa MeadowcroftExecutive Director Until October 2024since 2023
Mary Clark RomneyDirector/Secretary2022
Nicole BakerExecutive Director - Current2024
Rick KushelDirector/Treasurer2022
Thomas M WellsDirector/President & Treassince 2019

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Lisa MeadowcroftExecutive Director Until October 202440$148k$20k
Nicole BakerExecutive Director - Current40$106k$8k
Thomas M WellsChairman4$0
Margaret RushDirector1$0
Afolobi OgunnaikeDirector1$0
Paul JeruchimowitzDirector1$0
Rick ClaydonDirector1$0
Gail NystromDirector1$0
Jag DalalDirector1$0
Didier BlesinDirector1$0
Kenneth ForesterDirector1$0
Christopher LutzDirector1$0
Robert DillDirector1$0
Gwenael ApollonDirector1$0
Mary Clark RomneySecretary1$0
Rick KushelTreasurer1$0

About

Legal name
Wells Mountain Initiative Inc
EIN
203823604
Address
25 Main St Ste D, Bristol, VT, 05443-1345
State
Vermont
Mission
To create social change through education and community building by providing bright young people in the developing world with student scholarships and skills training, building a network of grassroots leaders who are catalyzing community transformation. (as filed on the Form 990)
Activity (NTEE)
Q99 International, foreign affairs and national security
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
International, Foreign Affairs & National Security
Size band
6 (IRS master file code)
Formed
2005
Principal officer
Thomas M Wells (as named on the Form 990)
IRS ruling date
1 September 2006
Status
Code 01 (unconditional exemption)
Form 990 filings on record
5, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥7years on the filingsChristopher Lutz
≥7years on the filingsDidier Blesin
≥7years on the filingsGail Nystrom
≥7years on the filingsGwenael Apollon

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$2.1m
Total liabilities
$29k
Net assets or fund balances
$2m
Contributions and grants received
$865k
Program service revenue
$0
Grants and similar paid out
$469k
Employees
6
Volunteers
146

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$957k$1.1mDeficit $141k

As filed on the IRS Form 990. US dollars.