Civic Intelligence

Addison County Community Trust Inc

990 • Fiscal year 2014 • EIN 22-3032009

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 08, 2015

272 Main StreetVergennes, VT 05491

(802) 877-2626

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.71x

Higher debt load relative to assets than 82% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

2.97x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

13th percentile

-11%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

29th percentile

$118,000

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

26th percentile

-1.8%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-9.2%

Faster revenue growth than 18% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$10,369,159

Down $190,802 (-1.8%) from 2013

Net Assets

Down

$2,984,534

Down $284,017 (-8.7%) from 2013

Liabilities

Up

$7,384,625

Up $93,215 (+1.3%) from 2013

Revenue

Down

$2,487,846

Down $252,083 (-9.2%) from 2013

Expenses

Up

$2,771,863

Up $372,860 (+16%) from 2013

Net Income

Down

-$284,017

Down $624,943 (-183%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $9,352,553Liabilities 2010: $6,365,621Net Assets 2010: $2,986,9322010Assets 2011: $9,650,358Liabilities 2011: $6,821,379Net Assets 2011: $2,828,9792011Assets 2012: $9,826,919Liabilities 2012: $6,899,294Net Assets 2012: $2,927,6252012Assets 2013: $10,559,961Liabilities 2013: $7,291,410Net Assets 2013: $3,268,5512013Assets 2014: $10,369,159Liabilities 2014: $7,384,625Net Assets 2014: $2,984,5342014Assets 2015: $10,128,024Liabilities 2015: $7,048,876Net Assets 2015: $3,079,1482015Assets 2016: $10,228,328Liabilities 2016: $6,597,640Net Assets 2016: $3,630,6882016Assets 2017: $10,323,865Liabilities 2017: $6,381,846Net Assets 2017: $3,942,0192017Assets 2018: $10,220,166Liabilities 2018: $5,854,235Net Assets 2018: $4,365,9312018Assets 2019: $10,752,612Liabilities 2019: $5,636,572Net Assets 2019: $5,116,0402019Assets 2020: $11,822,229Liabilities 2020: $5,283,410Net Assets 2020: $6,538,8192020Assets 2021: $12,458,096Liabilities 2021: $5,062,909Net Assets 2021: $7,395,1872021Assets 2022: $12,665,119Liabilities 2022: $4,921,131Net Assets 2022: $7,743,9882022Assets 2023: $16,638,687Liabilities 2023: $5,218,346Net Assets 2023: $11,420,3412023Assets 2024: $17,190,549Liabilities 2024: $4,854,240Net Assets 2024: $12,336,3092024

Highlighted filing

2014

Assets$10,369,159
Liabilities$7,384,625
Net Assets$2,984,534

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,561,4252010Expenses 2011: $1,758,3332011Revenue 2012: $2,092,862Expenses 2012: $1,994,216Net Income 2012: $98,6462012Revenue 2013: $2,739,929Expenses 2013: $2,399,003Net Income 2013: $340,9262013Revenue 2014: $2,487,846Expenses 2014: $2,771,863Net Income 2014: -$284,0172014Revenue 2015: $2,208,182Expenses 2015: $2,113,568Net Income 2015: $94,6142015Revenue 2016: $2,602,124Expenses 2016: $2,050,584Net Income 2016: $551,5402016Revenue 2017: $2,090,529Expenses 2017: $2,296,598Net Income 2017: -$206,0692017Revenue 2018: $2,537,309Expenses 2018: $2,113,397Net Income 2018: $423,9122018Revenue 2019: $3,395,563Expenses 2019: $2,645,454Net Income 2019: $750,1092019Revenue 2020: $3,865,074Expenses 2020: $2,442,295Net Income 2020: $1,422,7792020Revenue 2021: $3,367,951Expenses 2021: $2,511,583Net Income 2021: $856,3682021Revenue 2022: $3,221,130Expenses 2022: $2,872,315Net Income 2022: $348,8152022Revenue 2023: $6,840,267Expenses 2023: $3,163,914Net Income 2023: $3,676,3532023Revenue 2024: $4,752,796Expenses 2024: $3,836,828Net Income 2024: $915,9682024

Highlighted filing

2014

Revenue$2,487,846
Expenses$2,771,863
Net Income-$284,017
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 8, 2015
Return Version
2014v5.0
Gross Receipts
$3,415,125
Mission and Program Overview

Mission

Acct strives to enrich the lives of low and moderate income people of addison county by developing, managing and preserving quality, affordable housing and providing supports for families, seniors and individuals.

Creating and maintaining affordable housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,665,621$9,684,073▲ $18,452
Accounts Receivable$174,799$214,312▲ $39,513
Cash and Non-Interest-Bearing Accounts$99,936$211,516▲ $111,580
Savings and Temporary Cash Investments$425,183$114,572▼ $310,611
Prepaid Expenses and Deferred Charges$39,858$59,051▲ $19,193
Other Notes and Loans Receivable, Net$31,398$18,504▼ $12,894
Pledges and Grants Receivable$54,888$11,941▼ $42,947
Total Assets$10,559,961$10,369,159▼ $190,802
Other Assets Total$68,278$55,190▼ $13,088
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,865,937$6,881,322▲ $15,385
Accounts Payable and Accrued Expenses$304,321$389,174▲ $84,853
Escrow Account Liability$71,408$75,523▲ $4,115
Deferred Revenue$49,744$38,606▼ $11,138
Total Liabilities$7,291,410$7,384,625▲ $93,215
Net Assets / Fund Balance
Unrestricted Net Assets$3,030,221$2,746,204▼ $284,017
Permanently Rstr Net Assets$238,330$238,330→ $0
Total Net Assets Fund Balance$3,268,551$2,984,534▼ $284,017
Total Liabilities and Net Assets / Fund Balance$10,559,961$10,369,159▼ $190,802

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,736,467-$5,736,467
Leasehold Improvements$2,314,327$1,176,514$3,490,841
Buildings$1,383,301$183,826$1,567,127
Other Land Buildings$243,267$919$244,186
Equipment$6,711$79,302$86,013
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry McknightExecutive DiFT$93,580$24,420$118,000

Board Members and Trustees

NameTitle
John TennyChair
Connie LeachDirector
David AndrewsDirector
John MartellDirector
Julie HeffernanDirector
Lynda HutchinsSecretary
Chris AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$737,738
Program Service Revenue
$1,805,165
Investment Income
$-76,235
Other Revenue
$21,178
All Other Contributions
$125,000
Change in Net Assets
$-284,017

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,487,846
Revenue Not Reported on Form 990
$4,035
Total Revenue per Audited Statements
$2,491,881
Total Revenue per Form 990
$2,487,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,012,749
Salaries, Compensation, and Employee Benefits$759,114
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$469,892$16,951-$486,843
Other Salaries and Wages$369,194$75,020-$444,214
Interest$244,291$14,083-$258,374
Depreciation Depletion$212,416$10,849-$223,265
Other Employee Benefits$111,678$28,469-$140,147
Current Officers, Directors, Trustees, and Key Employees$29,500$88,500-$118,000
Fees for Services Accounting-$102,003-$102,003
Office Expenses$56,157$15,356-$71,513
Fees for Services Other$41,093$10,177-$51,270
Payroll Taxes$32,348$11,964-$44,312
Fees for Services Legal$30,875$9,825-$40,700
Conferences and Meetings$26,473$9,792-$36,265
Other Expenses$24,674$7,810-$32,484
Insurance$25,655$1,117-$26,772
Fees for Services Management$15,828--$15,828
Pension Plan Contributions$11,433$1,008-$12,441
Advertising$2,293$848-$3,141
Total Functional Expenses$2,368,091$403,772$0$2,771,863

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,775,898
Expenses per Audited Statements$2,771,863
Total Expenses per Form 990$2,771,863
Expenses Not Reported on Form 990$4,035
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
National Bank of MiddleburyBoard MemberLenderNo-
Peoples United BankBoard MemberLenderNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is provided to the board of directors for review and approval either at a regularly scheduled board meeting or electronically.

Form 990, Page 6, Part VI, Line 12C

Board of directors reviews potential conflicts of interest at regular meetings. Board members are asked to disclose known or potential conflicts of interest annually.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews and approves the executive director's compensation.

Form 990, Page 6, Part VI, Line 15B

The board of directors reviews and approves all staff salaries.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Addison County Community Trust Inc
EIN
22-3032009
Phone
8028772626
Address
272 MAIN STREET, VERGENNES, VT 05491

Signing Officer

Name
Elise Shanbacker
Title
Executive Director
Phone
8028772626
Signed
2015-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elise Shanbacker
Formed
1989
Legal Domicile
Vt
Voting Board Members
7
Independent Board Members
5
Employees
16
Volunteers
20

Preparer

Firm
Jmm & Associates Pc
Address
336 WATER TOWER CIR STE 801, COLCHESTER, VT 05446
Preparer
Randall L Sargent CPA
Phone
8026555665
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

Resident services- providing support and services at home through the sash program for up to 250 residents of acct senior housing & in surrounding communities.

Form 990, Part XI, Line 9

Rental expenses netted against revenue 4,035 rental expenses netted against revenue -4,035

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Addison county community trust's escrow liability account reflects funds held temporarily for the payment of property tax and insurance and tenant security deposits. Addison county community trust is acting in the capacity of a third-party on behalf of their tenants.

Schedule D, Page 3, Part X

Acct believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.

Schedule D, Page 4, Part XI, Line 2D

Rental expenses netted against revenue 4,035

Schedule D, Page 4, Part XII, Line 2D

Rental expenses netted against revenue 4,035

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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-2385
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-2385
IRS990/NetUnrelatedBusTxblIncmAmt0-2163
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt016951
IRS990/OccupancyGrp/ProgramServicesAmt0469892
IRS990/OccupancyGrp/TotalAmt0486843
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015356
IRS990/OfficeExpensesGrp/ProgramServicesAmt056157
IRS990/OfficeExpensesGrp/TotalAmt071513
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt068278
IRS990/OtherAssetsTotalGrp/EOYAmt055190
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt028469
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0111678
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0140147
IRS990/OtherExpensesGrp/Desc0GRANT EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07810
IRS990/OtherExpensesGrp/ProgramServicesAmt0664291
IRS990/OtherExpensesGrp/ProgramServicesAmt124674
IRS990/OtherExpensesGrp/TotalAmt0664291
IRS990/OtherExpensesGrp/TotalAmt132484
IRS990/OtherRevenueMiscGrp/BusinessCd0531310
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023563
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023563
IRS990/OtherRevenueTotalAmt023563
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt075020
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0369194
IRS990/OtherSalariesAndWagesGrp/TotalAmt0444214
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt031398
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt018504
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011964
IRS990/PayrollTaxesGrp/ProgramServicesAmt032348
IRS990/PayrollTaxesGrp/TotalAmt044312
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01008
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011433
IRS990/PensionPlanContributionsGrp/TotalAmt012441
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0238330
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0238330
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt054888
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt011941
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039858
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt059051
IRS990/PrincipalOfficerNm0ELISE SHANBACKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531310
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM RELATED RENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PARK MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3APARTMENT MANAGEMENT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc4HOMELAND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01202134
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1237436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2199292
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3148603
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01202134
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1237436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2199292
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3148603
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417700
IRS990/ProgSrvcAccomActy2Grp/Desc0REHABILITATION AND DEVELOPMENT - STEWARDSHIP OF 72 HOMES CURRENTLY IN ACCT'S PERPETUALLY AFFORDABLE SINGLE-FAMILY OWNERSHIP PROGRAM, AND INCLUDES ACCOUNTS FOR THE DEVELOPMENT OF NEW, PERMANENTLY AFFORDABLE UNITS TO ALLEVIATE THE COUNTY'S LESS THAN 1% VACANCY RATE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0742317
IRS990/ProgSrvcAccomActy3Grp/Desc0RESIDENT SERVICES- PROVIDING SASH (SUPPORT AND SERVICES AT HOME) SERVICES FOR UP TO 250 ACCT SENIOR HOUSING RESIDENTS AND RESIDENTS IN THE SURROUNDING COMMUNITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0190001
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01070142
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-111500
IRS990/PYOtherExpensesAmt01718898
IRS990/PYOtherRevenueAmt028670
IRS990/PYProgramServiceRevenueAmt01752617
IRS990/PYRevenuesLessExpensesAmt0340926
IRS990/PYSalariesCompEmpBnftPaidAmt0680105
IRS990/PYTotalExpensesAmt02399003
IRS990/PYTotalRevenueAmt02739929
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-284017
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-2385
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0425183
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0114572
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0737738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01070142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0428295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0130184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0137035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02503394
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02618
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013740
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022169
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08383746
IRS990ScheduleA/PublicSupportCY170Pct00.99120
IRS990ScheduleA/PublicSupportPY170Pct00.98710
IRS990ScheduleA/PublicSupportTotal170Amt02503394
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0737738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01070142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0428295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0130184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0137035
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02503394
IRS990ScheduleA/TotalSupportAmt02525563
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01383301
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0183826
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01567127
IRS990ScheduleD/EquipmentGrp/BookValueAmt06711
IRS990ScheduleD/EquipmentGrp/DepreciationAmt079302
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086013
IRS990ScheduleD/ExpensesNotReportedAmt04035
IRS990ScheduleD/ExpensesSubtotalAmt02771863
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt05736467
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05736467
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02314327
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01176514
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03490841
IRS990ScheduleD/OtherExpensesIncludedAmt04035
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0243267
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0919
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0244186
IRS990ScheduleD/OtherRevenueAmt04035
IRS990ScheduleD/RevenueNotReportedAmt04035
IRS990ScheduleD/RevenueSubtotalAmt02487846
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ADDISON COUNTY COMMUNITY TRUST'S ESCROW LIABILITY ACCOUNT REFLECTS FUNDS HELD TEMPORARILY FOR THE PAYMENT OF PROPERTY TAX AND INSURANCE AND TENANT SECURITY DEPOSITS. ADDISON COUNTY COMMUNITY TRUST IS ACTING IN THE CAPACITY OF A THIRD-PARTY ON BEHALF OF THEIR TENANTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES NETTED AGAINST REVENUE 4,035
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES NETTED AGAINST REVENUE 4,035
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09684073
IRS990ScheduleD/TotalExpensesPerForm990Amt02771863
IRS990ScheduleD/TotalRevenuePerForm990Amt02487846
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02491881
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02775898
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0NATIONAL BANK OF MIDDLEBURY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1PEOPLES UNITED BANK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LENDER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1LENDER
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RESIDENT SERVICES- PROVIDING SUPPORT AND SERVICES AT HOME THROUGH THE SASH PROGRAM FOR UP TO 250 RESIDENTS OF ACCT SENIOR HOUSING & IN SURROUNDING COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL EITHER AT A REGULARLY SCHEDULED BOARD MEETING OR ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWS POTENTIAL CONFLICTS OF INTEREST AT REGULAR MEETINGS. BOARD MEMBERS ARE ASKED TO DISCLOSE KNOWN OR POTENTIAL CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS AND APPROVES ALL STAFF SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RENTAL EXPENSES NETTED AGAINST REVENUE 4,035 RENTAL EXPENSES NETTED AGAINST REVENUE -4,035

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.2$4.85$12.3$4.75$3.84$0.92
2023Detailed filing. Detailed filing data is available for this year.$16.6$5.22$11.4$6.84$3.16$3.68
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$4.92$7.74$3.22$2.87$0.35
2021Detailed filing. Detailed filing data is available for this year.$12.5$5.06$7.40$3.37$2.51$0.86
2020Detailed filing. Detailed filing data is available for this year.$11.8$5.28$6.54$3.87$2.44$1.42
2019Detailed filing. Detailed filing data is available for this year.$10.8$5.64$5.12$3.40$2.65$0.75
2018Detailed filing. Detailed filing data is available for this year.$10.2$5.85$4.37$2.54$2.11$0.42
2017Detailed filing. Detailed filing data is available for this year.$10.3$6.38$3.94$2.09$2.30$0.21
2016Detailed filing. Detailed filing data is available for this year.$10.2$6.60$3.63$2.60$2.05$0.55
2015Detailed filing. Detailed filing data is available for this year.$10.1$7.05$3.08$2.21$2.11$0.09
2014Detailed filing. Detailed filing data is available for this year.$10.4$7.38$2.98$2.49$2.77$0.28
2013Detailed filing. Detailed filing data is available for this year.$10.6$7.29$3.27$2.74$2.40$0.34
2012Summary only. Only limited summary data is available for this year.$9.83$6.90$2.93$2.09$1.99$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.65$6.82$2.83$1.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.35$6.37$2.99$1.56