Civic Intelligence

Readsboro Hometown Redevelopment Inc

EIN 83-0483990 • 501(c)3 • Readsboro, VT

Profile

To promote development in Readsboro, VT.

PO Box 261 7012 Main StreetReadsboro, VT 05350

www.readsborohometown.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

7th percentile

-184%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

91st percentile

74%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

110%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$330,729

Down $39,895 (-11%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$330,729

Down $39,895 (-11%) from 2024

Revenue

Up

$25,710

Up $6,102 (+31%) from 2024

Expenses

Down

$65,605

Down $3,666 (-5.3%) from 2024

Net Income

Up

-$39,895

Up $9,768 (+20%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $103,295Liabilities 2011: $02011Assets 2012: $121,790Liabilities 2012: $02012Assets 2013: $121,513Liabilities 2013: $02013Assets 2014: $103,514Liabilities 2014: $02014Assets 2015: $102,309Liabilities 2015: $02015Assets 2016: $161,604Liabilities 2016: $02016Assets 2017: $156,838Liabilities 2017: $02017Assets 2018: $157,035Liabilities 2018: $02018Assets 2019: $157,340Liabilities 2019: $02019Assets 2020: $248,477Liabilities 2020: $02020Assets 2021: $253,322Liabilities 2021: $0Net Assets 2021: $253,3222021Assets 2022: $241,661Liabilities 2022: $0Net Assets 2022: $241,6612022Assets 2023: $420,287Liabilities 2023: $0Net Assets 2023: $420,2872023Assets 2024: $370,624Liabilities 2024: $0Net Assets 2024: $370,6242024Assets 2025: $330,729Liabilities 2025: $0Net Assets 2025: $330,7292025

Highlighted filing

2025

Assets$330,729
Liabilities$0
Net Assets$330,729

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $111,171Expenses 2011: $93,570Net Income 2011: $17,6012011Revenue 2012: $28,802Expenses 2012: $10,307Net Income 2012: $18,4952012Revenue 2013: $7,978Expenses 2013: $8,255Net Income 2013: -$2772013Revenue 2014: $23,227Expenses 2014: $23,599Net Income 2014: -$3722014Revenue 2015: $6,982Expenses 2015: $5,777Net Income 2015: $1,2052015Revenue 2016: $24,833Expenses 2016: $18,838Net Income 2016: $5,9952016Revenue 2017: $12,902Expenses 2017: $17,688Net Income 2017: -$4,7862017Revenue 2018: $17,262Expenses 2018: $7,102Net Income 2018: $10,1602018Revenue 2019: $51,346Expenses 2019: $49,658Net Income 2019: $1,6882019Revenue 2020: $92,387Expenses 2020: $7,202Net Income 2020: $85,1852020Revenue 2021: $33,025Expenses 2021: $28,180Net Income 2021: $4,8452021Revenue 2022: $5,849Expenses 2022: $10,962Net Income 2022: -$5,1132022Revenue 2023: $12,303Expenses 2023: $34,906Net Income 2023: -$22,6032023Revenue 2024: $19,608Expenses 2024: $69,271Net Income 2024: -$49,6632024Revenue 2025: $25,710Expenses 2025: $65,605Net Income 2025: -$39,8952025

Highlighted filing

2025

Revenue$25,710
Expenses$65,605
Net Income-$39,895

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.26$0.66$0.40
2024Detailed filing. Detailed filing data is available for this year.$3.71$0.00$3.71$0.20$0.69$0.50
2023Detailed filing. Detailed filing data is available for this year.$4.20$0.00$4.20$0.12$0.35$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.06$0.11$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$0.33$0.28$0.05
2020Summary only. Only limited summary data is available for this year.$2.48$0.00$0.92$0.07$0.85
2019Summary only. Only limited summary data is available for this year.$1.57$0.00$0.51$0.50$0.02
2018Summary only. Only limited summary data is available for this year.$1.57$0.00$0.17$0.07$0.10
2017Summary only. Only limited summary data is available for this year.$1.57$0.00$0.13$0.18$0.05
2016Summary only. Only limited summary data is available for this year.$1.62$0.00$0.25$0.19$0.06
2015Summary only. Only limited summary data is available for this year.$1.02$0.00$0.07$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$1.04$0.00$0.23$0.24$0.00
2013Summary only. Only limited summary data is available for this year.$1.22$0.00$0.08$0.08$0.00
2012Summary only. Only limited summary data is available for this year.$1.22$0.00$0.29$0.10$0.18
2011Summary only. Only limited summary data is available for this year.$1.03$0.00$1.11$0.94$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 24, 2026
Return Version
2025v4.0
Gross Receipts
$25,710
Mission and Program Overview

Mission

Promote development of readsboro vermont

To promote development in Readsboro, VT.

Program Services

DescriptionGrantsExpenses
To promote development in Readsboro VT for the benefit of the community, including the restoration of historic building for community use.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan BaileyPresident-$0--
Helyn Strom HenriksenVice President-$0--
David MarchegianiTreasurer-$0--
Cindy BartosewczSecretary-$0--
Normajean MarchegianiDirector-$0--
Craig BartosewczDirector-$0--
Filing and Contact Details

Filer

Filer Name
Readsboro Hometown Redevelopment Inc
EIN
83-0483990
Phone
8024237050
Address
PO Box 261 7012 Main Street, Readsboro, VT 05350

Signing Officer

Name
David Marchegiani
Title
Treasuer
Phone
8024237033
Signed
2026-03-24
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Insurance

Raw XML Appendix183 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0David Marchegiani
IRS990EZ/BooksInCareOfDetail/PhoneNum08024237033
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 261
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Readsboro
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005350
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0173222
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0133327
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt021748
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-39895
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt054730
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0370624
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0330729
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt025710
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03962
IRS990EZ/LandAndBuildingsGrp/BOYAmt0197402
IRS990EZ/LandAndBuildingsGrp/EOYAmt0197402
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0370624
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0330729
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0370624
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0330729
IRS990EZ/OccupancyRentUtltsAndMaintAmt05349
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Susan Bailey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Helyn Strom Henriksen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2David Marchegiani
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Cindy Bartosewcz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Normajean Marchegiani
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Craig Bartosewcz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05422
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To promote development in Readsboro, VT.
IRS990EZ/PrintingPublicationsPostageAmt0104
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To promote development in Readsboro VT for the benefit of the community, including the restoration of historic building for community use.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt065605
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt025710
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.Readsborohometown.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0There was no Other Income
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt011827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt058412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0102642
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03962
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01705
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019327
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt030167
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt014468
IRS990ScheduleA/OtherIncome170Grp/TotalAmt014468
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68857
IRS990ScheduleA/PublicSupportPY170Pct00.79580
IRS990ScheduleA/PublicSupportTotal170Amt0101410
IRS990ScheduleA/SubstantialContributorsTotAmt01232
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04847
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt011827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt058412
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0102642
IRS990ScheduleA/TotalSupportAmt0147277
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0David Marchegiani
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasuer
ReturnHeader/BusinessOfficerGrp/PhoneNum08024237033
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READSBORO HOMETOWN REDEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0830483990
ReturnHeader/Filer/PhoneNum08024237050
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 261 7012 Main Street
ReturnHeader/Filer/USAddress/CityNm0Readsboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005350
ReturnHeader/ReturnTs02026-03-24T12:41:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.