Civic Intelligence

Readsboro Hometown Redevelopment Inc

990EZ • Fiscal year 2021 • EIN 83-0483990

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 11, 2022

7012 Main Street PO Box 261Readsboro, VT 05350

(802) 423-7050

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

15%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

45th percentile

1.9%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-64%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$253,322

Up $4,845 (+1.9%) from 2020

Net Assets

$253,322

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$33,025

Down $59,362 (-64%) from 2020

Expenses

Up

$28,180

Up $20,978 (+291%) from 2020

Net Income

Down

$4,845

Down $80,340 (-94%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$253,322
Liabilities$0
Net Assets$253,322

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$33,025
Expenses$28,180
Net Income$4,845
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 11, 2022
Return Version
2021v4.2
Gross Receipts
$33,025
Mission and Program Overview

Mission

To promote development in Readsboro, VT.

Promote development of readsboro vermont

Program Services

DescriptionGrantsExpenses
PROMOTE DEVELOPMENT IN READSBORO VERMONT$26,005$3,180
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--
JOAN ODONNELLDirector-$0--
ANNETTE CARUSODirector-$0--
LINDA MARSTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Readsboro Hometown Redevelopment Inc
EIN
83-0483990
Phone
8024237050
Address
7012 MAIN STREET PO BOX 261, READSBORO, VT 05350

Signing Officer

Name
David Marchegiani
Title
Treasurer
Phone
8024237050
Signed
2022-08-11
Discuss with paid preparer
Yes

Preparer

Firm
Mccluskey and Co Pc
Address
PO BOX 188, WEST DOVER, VT 05356
Preparer
John Mccluskey
Phone
8024640551
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: . Amount: 20.

Raw XML Appendix184 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum08024237050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 261
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0READSBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0053500261
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
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/PersonNm6JOAN ODONNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ANNETTE CARUSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LINDA MARSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE DEVELOPMENT OF READSBORO VERMONT
IRS990EZ/PrintingPublicationsPostageAmt070
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt026005
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt028180
IRS990EZ/TotalProgramServiceExpensesAmt03180
IRS990EZ/TotalRevenueAmt033025
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.READSBOROHOMETOWN.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt058412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt077739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt031346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt017243
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0197407
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019327
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0225
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019682
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014648
IRS990ScheduleA/OtherIncome170Grp/TotalAmt014648
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85190
IRS990ScheduleA/PublicSupportTotal170Amt0197407
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt058412
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012667
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0197407
IRS990ScheduleA/TotalSupportAmt0231737
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: . AMOUNT: 20.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID MARCHEGIANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08024237050
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READSBORO HOMETOWN REDEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0830483990
ReturnHeader/Filer/PhoneNum08024237050
ReturnHeader/Filer/USAddress/AddressLine1Txt07012 MAIN STREET PO BOX 261
ReturnHeader/Filer/USAddress/CityNm0READSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005350
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030335336
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCCLUSKEY AND CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 188
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005356
ReturnHeader/PreparerPersonGrp/PhoneNum08024640551
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN MCCLUSKEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-08-15T13:04:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MARCHEGIANI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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