Civic Intelligence

Addison County Community Trust Inc

990 • Fiscal year 2018 • EIN 22-3032009

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 10, 2019

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

77th percentile

0.57x

Higher debt load relative to assets than 77% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

2.31x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

21st percentile

$99,036

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

36th percentile

-1.0%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

79th percentile

21%

Faster revenue growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$10,220,166

Down $103,699 (-1.0%) from 2017

Net Assets

Up

$4,365,931

Up $423,912 (+11%) from 2017

Liabilities

Down

$5,854,235

Down $527,611 (-8.3%) from 2017

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin75th percentile

Revenue

Up

$2,537,309

Up $446,780 (+21%) from 2017

Expenses

Down

$2,113,397

Down $183,201 (-8.0%) from 2017

Net Income

Up

$423,912

Up $629,981 (+306%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth36th 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

2018

Assets$10,220,166
Liabilities$5,854,235
Net Assets$4,365,931
Open 2018 Filing

Operations Trend

Revenue Growth79th 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

2018

Revenue$2,537,309
Expenses$2,113,397
Net Income$423,912
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 10, 2019
Return Version
2018v3.1
Gross Receipts
$2,651,039
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,582,920$8,416,407▼ $166,513
Other Notes and Loans Receivable, Net$485,420$494,244▲ $8,824
Savings and Temporary Cash Investments$334,166$379,118▲ $44,952
Cash and Non-Interest-Bearing Accounts$314,824$369,100▲ $54,276
Investments Program Related$203,323$203,269▼ $54
Accounts Receivable$118,952$162,945▲ $43,993
Investments Other Securities$125,092--
Pledges and Grants Receivable$75,229$123,889▲ $48,660
Prepaid Expenses and Deferred Charges$42,393$62,194▲ $19,801
Total Assets$10,323,865$10,220,166▼ $103,699
Other Assets Total$41,546$9,000▼ $32,546
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,136,244$5,556,689▼ $579,555
Accounts Payable and Accrued Expenses$148,800$198,034▲ $49,234
Escrow Account Liability$75,154$77,739▲ $2,585
Deferred Revenue$21,648$21,773▲ $125
Total Liabilities$6,381,846$5,854,235▼ $527,611
Net Assets / Fund Balance
Unrestricted Net Assets$3,679,898$4,103,810▲ $423,912
Permanently Rstr Net Assets$238,330$238,330→ $0
Temporarily Rstr Net Assets$23,791$23,791→ $0
Total Net Assets Fund Balance$3,942,019$4,365,931▲ $423,912
Total Liabilities and Net Assets / Fund Balance$10,323,865$10,220,166▼ $103,699

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,710,968-$5,710,968
Leasehold Improvements$1,800,281$1,794,098$3,594,379
Buildings$856,449$332,223$1,188,672
Equipment$4,238$84,702$88,940
Other Land Buildings$44,471-$44,471
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elise ShanbackerExecutive DiFT$88,470$10,566$99,036

Board Members and Trustees

NameTitle
John TenneyPresident
Connie Leach Term EndedDirector
Ingrid PixleyDirector
John BarstowDirector
Monica Sanchez-webbDirector
Robert CoffeyDirector
Keith GrierSecretary
Chris AndersonTreasurer
Jon CrystalVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$408,698
Program Service Revenue
$1,892,111
Investment Income
$-6,825
Other Revenue
$243,325
All Other Contributions
$172,466
Change in Net Assets
$423,912

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,537,309
Total Revenue per Audited Statements
$2,537,309
Total Revenue per Form 990
$2,537,309
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,250,765
Salaries, Compensation, and Employee Benefits$741,798
Grants and Similar Amounts Paid$120,834
Total Fundraising Expense$19,115
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$530,087$4,500$1,021$535,608
Other Salaries and Wages$452,596$34,188$6,336$493,120
Interest$206,999$1,954$443$209,396
Depreciation Depletion$206,507$1,740$394$208,641
Grants to Domestic Individuals$120,834--$120,834
Current Officers, Directors, Trustees, and Key Employees$79,229$14,855$4,952$99,036
Other Employee Benefits$88,511$8,026$1,820$98,357
Fees for Services Other$71,180$5,734$1,300$78,214
Office Expenses$59,893$4,902$1,111$65,906
Fees for Services Legal$48,756$5,115-$53,871
Payroll Taxes$41,834$3,793$860$46,487
Conferences and Meetings$25,448$2,308$523$28,279
Fees for Services Accounting-$22,867-$22,867
Insurance$18,496$1,057$240$19,793
Fees for Services Management$14,604--$14,604
Other Expenses$7,292--$7,292
Advertising$5,670$509$115$6,294
Pension Plan Contributions$4,798--$4,798
Total Functional Expenses$1,982,734$111,548$19,115$2,113,397

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,113,397
Total Expenses per Audited Statements$2,113,397
Total Expenses per Form 990$2,113,397
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
-Former BoardLenderNo$1,418,735
-Board MemberLenderNo$1,152,234
-Board MemberGrantorNo$22,454
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 finance committee reviews the 990 prior to filing.”

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

“Forms are collected and reviewed annually at the may meeting.”

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

“Board of directors recommmends the executive director's compensation package.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request. Financials are published in the annual report on acct's website.”

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
2019-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elise Shanbacker
Formed
1989
Legal Domicile
Vt
Voting Board Members
8
Independent Board Members
8
Employees
20
Volunteers
12

Preparer

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

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.”

Raw XML AppendixShowing 400 of 665 raw XML fields

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/InterestGrp/TotalAmt0209396
IRS990/InvestmentIncomeGrp/ExclusionAmt01705
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01705
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0125092
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0203323
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0203269
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02211023
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08582920
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08416407
IRS990/LandBldgEquipCostOrOtherBssAmt010627430
IRS990/LegalDomicileStateCd0VT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0113730
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ACCT 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06136244
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05556689
IRS990/NetAssetsOrFundBalancesBOYAmt03942019
IRS990/NetAssetsOrFundBalancesEOYAmt04365931
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-8530
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8530
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01021
IRS990/OccupancyGrp/ManagementAndGeneralAmt04500
IRS990/OccupancyGrp/ProgramServicesAmt0530087
IRS990/OccupancyGrp/TotalAmt0535608
IRS990/OfficeExpensesGrp/FundraisingAmt01111
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04902
IRS990/OfficeExpensesGrp/ProgramServicesAmt059893
IRS990/OfficeExpensesGrp/TotalAmt065906
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041546
IRS990/OtherAssetsTotalGrp/EOYAmt09000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01820
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08026
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088511
IRS990/OtherEmployeeBenefitsGrp/TotalAmt098357
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt07292
IRS990/OtherExpensesGrp/TotalAmt07292
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0DEBT FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0238711
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14614
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0238711
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14614
IRS990/OtherRevenueTotalAmt0243325
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06336
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034188
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0452596
IRS990/OtherSalariesAndWagesGrp/TotalAmt0493120
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0485420
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0494244
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0860
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03793
IRS990/PayrollTaxesGrp/ProgramServicesAmt041834
IRS990/PayrollTaxesGrp/TotalAmt046487
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04798
IRS990/PensionPlanContributionsGrp/TotalAmt04798
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0238330
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0238330
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075229
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0123889
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042393
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062194
IRS990/PrincipalOfficerNm0ELISE SHANBACKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
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/RelatedOrExemptFuncIncomeAmt01282984
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1281713
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2207614
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3104000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt415800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01282984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1281713
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2207614
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3104000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt415800
IRS990/ProgSrvcAccomActy2Grp/Desc0RESIDENT SERVICES - PROVIDING SASH (SUPPORT AND SERVICES AT HOME) SERVICES FOR ACCT SENIOR HOUSING RESIDENTS AND RESIDENTS IN THE SURROUNDING COMMUNITIES. APPROXIMATELY 170 SENIORS WERE SERVED IN 2018.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0157596
IRS990/ProgSrvcAccomActy3Grp/Desc0REHAB 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. IN 2018, CONSTRUCTION WAS STARTED ON AQUISITION AND REHAB OF 16 UNITS OF SENIOR HOUSING IN BRISTOL, AND PRE- DEVELOPMENT WAS STARTED ON 24 UNITS OF NEW CONSTRUCTION MULTIFAMILY HOUSING IN VERGENNES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0144093
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0112576
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0104000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0430633
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0112339
IRS990/PYInvestmentIncomeAmt0-127203
IRS990/PYOtherExpensesAmt01453550
IRS990/PYOtherRevenueAmt028032
IRS990/PYProgramServiceRevenueAmt01759067
IRS990/PYRevenuesLessExpensesAmt0-206069
IRS990/PYSalariesCompEmpBnftPaidAmt0730709
IRS990/PYTotalExpensesAmt02296598
IRS990/PYTotalRevenueAmt02090529
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0423912
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01788111
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0334166
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0379118
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0408698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0430633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0558939
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0395329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0737738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02531337
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01705
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05965
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0970
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01509
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011338
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09661301
IRS990ScheduleA/PublicSupportCY170Pct00.99550
IRS990ScheduleA/PublicSupportPY170Pct00.99650
IRS990ScheduleA/PublicSupportTotal170Amt02531337
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0408698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0430633
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0558939
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0395329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0737738
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02531337
IRS990ScheduleA/TotalSupportAmt02542675
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0856449
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0332223
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01188672
IRS990ScheduleD/EquipmentGrp/BookValueAmt04238
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084702
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088940
IRS990ScheduleD/ExpensesSubtotalAmt02113397
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt05710968
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05710968
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01800281
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01794098
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03594379
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044471
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044471
IRS990ScheduleD/RevenueSubtotalAmt02537309
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/TotalBookValueLandBuildingsAmt08416407
IRS990ScheduleD/TotalExpensesPerForm990Amt02113397
IRS990ScheduleD/TotalRevenuePerForm990Amt02537309
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02537309
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02113397
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0112576
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt18258
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DOWN PAYMENT ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1DOWN PAYMENT ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,220,166
Liabilities
$5,854,235
Net assets
$4,365,931
Revenue
$2,537,309
Expenses
$2,113,397
Net income
$423,912
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