Form 990, Page 6, Part VI, Line 11B
“Reviewed by the executive committee and put before the full board of directors for approval.”
990 • Fiscal year 2015 • EIN 03-0335768
Scores are not available for this record yet.
Assets
Up$5,770,000
Up $291,423 (+5.3%) from 2014
Net Assets
Up$4,899,428
Up $227,329 (+4.9%) from 2014
Liabilities
Up$870,572
Up $64,094 (+7.9%) from 2014
Revenue
Up$3,496,439
Up $176,105 (+5.3%) from 2014
Expenses
Up$3,269,110
Up $242,464 (+8.0%) from 2014
Net Income
Down$227,329
Down $66,359 (-23%) from 2014
Enhance the economic, social and environmental health of the region by providing public transportation services that are reliable, accessible and affordable for everyone.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $4,626,638 | $4,793,581 | ▲ $166,943 |
| Cash and Non-Interest-Bearing Accounts | - | $373,819 | - |
| Pledges and Grants Receivable | $192,753 | $267,361 | ▲ $74,608 |
| Accounts Receivable | $254,702 | $223,166 | ▼ $31,536 |
| Savings and Temporary Cash Investments | $372,878 | $78,394 | ▼ $294,484 |
| Prepaid Expenses and Deferred Charges | $31,606 | $33,679 | ▲ $2,073 |
| Total Assets | $5,478,577 | $5,770,000 | ▲ $291,423 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $221,292 | $600,766 | ▲ $379,474 |
| Deferred Revenue | $311,697 | $190,067 | ▼ $121,630 |
| Mortgage Notes Payable Secured by Investment Property | $273,489 | $79,739 | ▼ $193,750 |
| Total Liabilities | $806,478 | $870,572 | ▲ $64,094 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $3,929,417 | $4,136,510 | ▲ $207,093 |
| Unrestricted Net Assets | $742,682 | $762,918 | ▲ $20,236 |
| Total Net Assets Fund Balance | $4,672,099 | $4,899,428 | ▲ $227,329 |
| Total Liabilities and Net Assets / Fund Balance | $5,478,577 | $5,770,000 | ▲ $291,423 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,672,681 | $188,408 | $3,861,089 |
| Equipment | $1,120,900 | $1,881,510 | $3,002,410 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jim Moulton | Exec. Direct | FT | $129,272 | $5,926 | $135,198 |
| Name | Title |
|---|---|
| Adam Lougee | Chair |
| Frank Mazza | Vice-chair |
| Ann Jones-weinstock | Director |
| Diane Lanpher | Director |
| Doug Adams | Director |
| Ed Mcguire | Director |
| Gale Hurd | Director |
| Renny Perry | Director |
| Naomi Drummond | Secretary |
| Donna Donahue | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,748,039 |
| Salaries, Compensation, and Employee Benefits | $1,521,071 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $977,103 | $107,145 | - | $1,084,248 |
| Depreciation Depletion | $423,531 | - | - | $423,531 |
| Other Employee Benefits | $112,832 | $85,378 | - | $198,210 |
| Current Officers, Directors, Trustees, and Key Employees | $63,295 | $63,295 | - | $126,590 |
| Payroll Taxes | $68,295 | $43,728 | - | $112,023 |
| Occupancy | $3,117 | $51,198 | - | $54,315 |
| Conferences and Meetings | $40,853 | - | - | $40,853 |
| Advertising | $38,111 | - | - | $38,111 |
| Office Expenses | - | $36,721 | - | $36,721 |
| Other Expenses | $19,868 | $161,297 | - | $19,868 |
| Fees for Services Accounting | - | $13,600 | - | $13,600 |
| Fees for Services Legal | - | $11,477 | - | $11,477 |
| Insurance | - | $10,035 | - | $10,035 |
| All Other Expenses | $8,000 | - | - | $8,000 |
| Travel | $5,190 | - | - | $5,190 |
| Interest | - | $527 | - | $527 |
| Total Functional Expenses | $2,684,709 | $584,401 | $0 | $3,269,110 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,269,110 |
| Total Expenses per Audited Statements | $3,269,110 |
| Total Expenses per Form 990 | $3,269,110 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Reviewed by the executive committee and put before the full board of directors for approval.”
“Members of the board of directors sign conflict of interest forms annually.”
“The compensation committee comprised of the board of directors uses salary information researched from the form 990s of other similar organizations. The executive committee of the board of directors prepares a performance evaluation of the executive director and approves any changes in the executive director's compensation.”
“Governing documents are made available to the public upon request.”
“Volunteers drive residents without their own transportation to medical appointments, to buy food, and on other critical outings.”
“Addison county transit resources, inc. Believes it has adequate support for any tax position taken and, as such, has not recorded any liability for uncertain tax positions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 277000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 216557 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 915622 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 277000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 216557 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 2087372 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | -6498 |
| IRS990/PYOtherExpensesAmt | 0 | 1674095 |
| IRS990/PYOtherRevenueAmt | 0 | 30546 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1208914 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 293688 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1352551 |
| IRS990/PYTotalExpensesAmt | 0 | 3026646 |
| IRS990/PYTotalRevenueAmt | 0 | 3320334 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 227329 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 372878 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 78394 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2110389 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2087372 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4483084 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1927447 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1285734 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 11894026 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 5491601 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 11894026 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2110389 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2087372 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4483084 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1927447 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1285734 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 11894026 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 11894026 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3672681 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 188408 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3861089 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1120900 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1881510 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 3002410 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3269110 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 3496439 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ADDISON COUNTY TRANSIT RESOURCES, INC. BELIEVES IT HAS ADEQUATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, HAS NOT RECORDED ANY LIABILITY FOR UNCERTAIN TAX POSITIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 4793581 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3269110 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 3496439 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 3496439 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3269110 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | STAGECOACH TRANSPORTATION SRVCS INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | EXECUTIVE DIREC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | MANAGEMENT SERVICES |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | EFFECTIVE JANUARY 31, 2014, JIM MOULTON, THE EXECUTIVE DIRECTOR OF ADDISON COUNTY TRANSIT RESOURCES,INC., IS ALSO SERVING AS EXECUTIVE DIRECTOR OF STAGECOACH TRANSPORTATION SERVICES, INC. UNDER A MANAGEMENT SERVICES AGREEMENT. STAGECOACH IS A NONPROFIT, PUBLIC-TRANSIT PROVIDER LOCATED IN RANDOLPH, VERMONT. UNDER THE AGREEMENT STAGECOACH WILL PAY ADDISON COUNTY TRANSIT RESOURCES, INC. 277,000 ANNUALLY IN EXCHANGE FOR MANAGEMENT SERVICES. THE AGREEMENT EXPIRES ON JUNE 30, 2017. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART V |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | VOLUNTEERS DRIVE RESIDENTS WITHOUT THEIR OWN TRANSPORTATION TO MEDICAL APPOINTMENTS, TO BUY FOOD, AND ON OTHER CRITICAL OUTINGS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | REVIEWED BY THE EXECUTIVE COMMITTEE AND PUT BEFORE THE FULL BOARD OF DIRECTORS FOR APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MEMBERS OF THE BOARD OF DIRECTORS SIGN CONFLICT OF INTEREST FORMS ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE COMPENSATION COMMITTEE COMPRISED OF THE BOARD OF DIRECTORS USES SALARY INFORMATION RESEARCHED FROM THE FORM 990S OF OTHER SIMILAR ORGANIZATIONS. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PREPARES A PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR AND APPROVES ANY CHANGES IN THE EXECUTIVE DIRECTOR'S COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 3929417 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 4136510 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 5478577 |
| IRS990/TotalAssetsEOYAmt | 0 | 5770000 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5478577 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5770000 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 2110389 |
| IRS990/TotalEmployeeCnt | 0 | 39 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 584401 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2684709 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3269110 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 806478 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 870572 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 806478 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 870572 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 4672099 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 4899428 |
| IRS990/TotalOtherCompensationAmt | 0 | 5926 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2684709 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1409179 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 129272 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1386050 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3496439 |
| IRS990/TotalVolunteersCnt | 0 | 45 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 5478577 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5770000 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.