Civic Intelligence

Addison County Community Trust Inc

990 • Fiscal year 2015 • EIN 22-3032009

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 19, 2016

Organization ProfileWWW.ADDISONTRUST.ORG
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

81st percentile

0.70x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

3.19x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

55th percentile

4.3%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

20th percentile

$94,040

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

31st percentile

-2.3%

Faster asset growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

19th percentile

-11%

Faster revenue growth than 19% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$10,128,024

Down $241,135 (-2.3%) from 2014

Net Assets

Up

$3,079,148

Up $94,614 (+3.2%) from 2014

Liabilities

Down

$7,048,876

Down $335,749 (-4.5%) from 2014

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin55th percentile

Revenue

Down

$2,208,182

Down $279,664 (-11%) from 2014

Expenses

Down

$2,113,568

Down $658,295 (-24%) from 2014

Net Income

Up

$94,614

Up $378,631 (+133%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

2015

Assets$10,128,024
Liabilities$7,048,876
Net Assets$3,079,148
Open 2015 Filing

Operations Trend

Revenue Growth19th percentile

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

2015

Revenue$2,208,182
Expenses$2,113,568
Net Income$94,614
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 19, 2016
Return Version
2015v2.1
Gross Receipts
$2,272,436
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$9,684,073$9,420,041▼ $264,032
Savings and Temporary Cash Investments$114,572$280,883▲ $166,311
Cash and Non-Interest-Bearing Accounts$211,516$154,646▼ $56,870
Accounts Receivable$214,312$107,978▼ $106,334
Pledges and Grants Receivable$11,941$66,172▲ $54,231
Prepaid Expenses and Deferred Charges$59,051$41,921▼ $17,130
Other Notes and Loans Receivable, Net$18,504$5,133▼ $13,371
Total Assets$10,369,159$10,128,024▼ $241,135
Other Assets Total$55,190$51,250▼ $3,940
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,881,322$6,778,881▼ $102,441
Accounts Payable and Accrued Expenses$389,174$175,136▼ $214,038
Escrow Account Liability$75,523$74,118▼ $1,405
Deferred Revenue$38,606$20,741▼ $17,865
Total Liabilities$7,384,625$7,048,876▼ $335,749
Net Assets / Fund Balance
Unrestricted Net Assets$2,746,204$2,840,818▲ $94,614
Permanently Rstr Net Assets$238,330$238,330→ $0
Total Net Assets Fund Balance$2,984,534$3,079,148▲ $94,614
Total Liabilities and Net Assets / Fund Balance$10,369,159$10,128,024▼ $241,135

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,736,467-$5,736,467
Leasehold Improvements$2,175,209$1,330,983$3,506,192
Buildings$1,251,674$235,689$1,487,363
Other Land Buildings$251,729$919$252,648
Equipment$4,962$81,051$86,013
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elise ShanbackerExecutive DiFT$78,558$15,482$94,040

Board Members and Trustees

NameTitle
John TennyChair
Connie LeachDirector
David AndrewsDirector
John MartellDirector
Lynda Hutchins Until May 2015Director
Julie HeffernanSecretary
Chris AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$395,329
Program Service Revenue
$1,791,566
Investment Income
$-38,284
Other Revenue
$59,571
All Other Contributions
$211,712
Change in Net Assets
$94,614

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,208,182
Total Revenue per Audited Statements
$2,208,182
Total Revenue per Form 990
$2,208,182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,422,290
Salaries, Compensation, and Employee Benefits$691,278
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$478,357$14,667-$493,024
Other Salaries and Wages$295,672$103,794-$399,466
Interest$245,600$10,453-$256,053
Depreciation Depletion$214,530$9,063-$223,593
Other Employee Benefits$114,680$38,779-$153,459
Fees for Services Accounting-$99,411-$99,411
Current Officers, Directors, Trustees, and Key Employees$75,232$18,808-$94,040
Fees for Services Other$63,939$18,083-$82,022
Office Expenses$49,272$14,003-$63,275
Other Expenses$41,912$10,545-$41,912
Payroll Taxes$29,374$9,791-$39,165
Insurance$30,824$1,179-$32,003
Fees for Services Legal$22,385$5,193-$27,578
Conferences and Meetings$11,735$3,912-$15,647
Fees for Services Management$13,620--$13,620
Pension Plan Contributions$3,501$1,647-$5,148
Advertising$214--$214
Total Functional Expenses$1,754,240$359,328$0$2,113,568

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,113,568
Total Expenses per Audited Statements$2,113,568
Total Expenses per Form 990$2,113,568
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
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
No
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

“The form 990 is circulated to the board electronically and comments are solicited. The board votes to approve the form 990 at its next meeting.”

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

“Executive director reviews annually-disclosed potential conflicts. If a confilct is disclosed, the board reviews the conflict.”

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

“The executive director's compensation is set by full approval of the board.”

Form 990, Page 6, Part VI, Line 19

“Upon request and available in hard copy at the office.”

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
2016-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elise Shanbacker
Formed
1989
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
6
Employees
15
Volunteers
10

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 5, Part V, Line 3B

“Acct discontinued rental of it's debt financed property in 2014, therefore no unrelated business income was reported this year.”

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.”

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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt051250
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt038779
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114680
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0153459
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1GRANT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010545
IRS990/OtherExpensesGrp/ProgramServicesAmt063393
IRS990/OtherExpensesGrp/ProgramServicesAmt141912
IRS990/OtherExpensesGrp/TotalAmt073938
IRS990/OtherExpensesGrp/TotalAmt141912
IRS990/OtherRevenueMiscGrp/BusinessCd0531310
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt059571
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt059571
IRS990/OtherRevenueTotalAmt059571
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0103794
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0295672
IRS990/OtherSalariesAndWagesGrp/TotalAmt0399466
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018504
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05133
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09791
IRS990/PayrollTaxesGrp/ProgramServicesAmt029374
IRS990/PayrollTaxesGrp/TotalAmt039165
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01647
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03501
IRS990/PensionPlanContributionsGrp/TotalAmt05148
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0238330
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0238330
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt011941
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt066172
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt059051
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041921
IRS990/PrincipalOfficerNm0ELISE SHANBACKER
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
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IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM RELATED RENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PARK MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2APARTMENT MANAGEMENT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc4HOMELAND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01238319
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1256157
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2168810
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3115900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt412380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01238319
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1256157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2168810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3115900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt412380
IRS990/ProgSrvcAccomActy2Grp/Desc0REHAB AND DEVELOPMENT: REHAB AND DEVELOPMENT OF NEW AFFORDABLE HOUSING UNITS TO ALLEVIATE THE COUNTY'S LESS-THAN-ONE-PERCENT VACANCY RATE, INCLUDING MULTIFAMILY APARTMENTS AND SINGLE-FAMILY HOMES. APPROXIMATELY 20 UNITS WERE REHABBED, RESOLD OR PUT IN PRODUCTION IN 2015.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0114689
IRS990/ProgSrvcAccomActy3Grp/Desc0RESIDENT SERVICES- PROVIDING SASH (SUPPORT AND SERVICES AT HOME) SERVICES FOR ACCT SENIOR HOUSING RESIDENTS AND RESIDENTS IN THE SURROUNDING COMMUNITIES. 150 SENIORS WERE SERVED IN 2015
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0176743
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0737738
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-76235
IRS990/PYOtherExpensesAmt02012749
IRS990/PYOtherRevenueAmt021178
IRS990/PYProgramServiceRevenueAmt01805165
IRS990/PYRevenuesLessExpensesAmt0-284017
IRS990/PYSalariesCompEmpBnftPaidAmt0759114
IRS990/PYTotalExpensesAmt02771863
IRS990/PYTotalRevenueAmt02487846
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt094614
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0114572
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0280883
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0395329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0737738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01070142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0428295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02761688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0970
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02618
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09399
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08730298
IRS990ScheduleA/PublicSupportCY170Pct00.99660
IRS990ScheduleA/PublicSupportPY170Pct00.99120
IRS990ScheduleA/PublicSupportTotal170Amt02761688
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0395329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0737738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01070142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0428295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130184
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02761688
IRS990ScheduleA/TotalSupportAmt02771087
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/BookValueAmt01251674
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0235689
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01487363
IRS990ScheduleD/EquipmentGrp/BookValueAmt04962
IRS990ScheduleD/EquipmentGrp/DepreciationAmt081051
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086013
IRS990ScheduleD/ExpensesSubtotalAmt02113568
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt05736467
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05736467
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02175209
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01330983
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03506192
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0251729
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0919
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0252648
IRS990ScheduleD/RevenueSubtotalAmt02208182
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/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09420041
IRS990ScheduleD/TotalExpensesPerForm990Amt02113568
IRS990ScheduleD/TotalRevenuePerForm990Amt02208182
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02208182
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02113568
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCT DISCONTINUED RENTAL OF IT'S DEBT FINANCED PROPERTY IN 2014, THEREFORE NO UNRELATED BUSINESS INCOME WAS REPORTED THIS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS CIRCULATED TO THE BOARD ELECTRONICALLY AND COMMENTS ARE SOLICITED. THE BOARD VOTES TO APPROVE THE FORM 990 AT ITS NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR REVIEWS ANNUALLY-DISCLOSED POTENTIAL CONFLICTS. IF A CONFILCT IS DISCLOSED, THE BOARD REVIEWS THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET BY FULL APPROVAL OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST AND AVAILABLE IN HARD COPY AT THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0ACCT
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0ADDISON COUNTY HOUSING GROUP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0203032009
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0VT
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTAT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0PO BOX 311
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0VERGENNES
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0VT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd005491
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,128,024
Liabilities
$7,048,876
Net assets
$3,079,148
Revenue
$2,208,182
Expenses
$2,113,568
Net income
$94,614
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