2024-04-05T13:17:14-04:00 2022-12-31 541451026 HARRIS HARDY & JOHNSTONE PC 300 ARBORETUM PL STE 660 RICHMOND VA 23236 990 2022-01-01 541565250 COMMONWEALTH COMMUNITY TRUST COMM 8047406930 PO BOX 29408 RICHMOND VA 23242 JOANNE MARCUS PRESIDENT/CEO 8047406930 2024-04-05 true JOANNE MARCUS XXX-XX-XXXX false PAMELA M LEONARD CPA P01834882 8045600560 2024-04-05 2022 2023-04-26 12:10:37Z X JOANNE MARCUS PO BOX 29408 RICHMOND VA 23242 3153076 false X WWW.COMMONWEALTHCOMMUNITYTRUST.ORG X 1990 VA TO PROVIDE PEOPLE WITH SPECIAL NEEDS WHO LIVE THROUGHOUT THE UNITED STATES AND THEIR FAMILIES A CONVENIENT, COST-EFFECTIVE FRAMEWORK FOR THE ADMINISTRATION OF POOLED SPECIAL NEEDS TRUSTS THAT SUPPLEMENT GOVERNMENT ENTITLEMENT PROGRAMS SUCH AS SUPPLEMENTAL SECURITY INCOME (SSI) AND MEDICAID. TO EDUCATE FAMILIES, PEOPLE WITH SPECIAL NEEDS, AND PROFESSIONALS ABOUT THE BENEFITS OF A POOLED SPECIAL NEEDS TRUST. TO AWARD INDIVIDUALS WITH SPECIAL NEEDS WHO RESIDE IN VIRGINIA AND DEMONSTRATE A FINANCIAL NEED WITH A MONETARY GRANT TO BE USED FOR SERVICES AND/OR EQUIPMENT THROUGH CCT'S CHARITABLE FUND AWARD PROGRAM. 20 20 27 0 1061337 1137195 649883 800935 149056 84501 0 1860276 2022631 122735 120088 0 1140292 1559594 0 0 502186 611684 1765213 2291366 95063 -268735 3333150 2873556 8542 210457 3324608 2663099 X TO PROVIDE PEOPLE WITH SPECIAL NEEDS WHO LIVE THROUGHOUT THE UNITED STATES AND THEIR FAMILIES A CONVENIENT, COST-EFFECTIVE FRAMEWORK FOR THE ADMINISTRATION OF POOLED SPECIAL NEEDS TRUSTS THAT SUPPLEMENT GOVERNMENT ENTITLEMENT PROGRAMS SUCH AS SUPPLEMENTAL SECURITY INCOME (SSI) AND MEDICAID. TO EDUCATE FAMILIES, PEOPLE WITH SPECIAL NEEDS, AND PROFESSIONALS ABOUT THE BENEFITS OF A POOLED SPECIAL NEEDS TRUST. TO AWARD INDIVIDUALS WITH SPECIAL NEEDS WHO RESIDE IN VIRGINIA AND DEMONSTRATE A FINANCIAL NEED WITH A MONETARY GRANT TO BE USED FOR SERVICES AND/OR EQUIPMENT THROUGH CCT'S CHARITABLE FUND AWARD PROGRAM. false false 1664395 800935 ADMINISTERS THIRD-PARTY AND FIRST-PARTY POOLED SPECIAL NEEDS TRUST FOR PARTICIPANTS WHILE PRESERVING GOVERNMENT BENEFITS FOR THOSE CLIENTS RECEIVING SSI AND /OR MEDICAID. MAINTAIN A CONVENIENT, COST-EFFECTIVE FRAMEWORK WITH A MINIMUM OF 5,000 REQUIRED TO ESTABLISH A TRUST. OFFER EDUCATION AND OUTREACH TO INFORM PEOPLE WITH DISABILITIES, THEIR FAMILIES, AND PROFESSIONALS ABOUT THE SERVICES OF CCT AND HOW TO PLAN AND EXECUTE A POOLED SPECIAL NEEDS TRUST THAT WILL PROVIDE FINANCIAL RESOURCES FOR AN IMPROVED QUALITY OF LIFE FOR THE TRUST BENEFICIARY. 155985 120088 AS PART OF ITS MISSION TO ENRICH THE QUALITY OF LIFE FOR PEOPLE LIVING WITH A DISABILITY, CCT ESTABLISHED THE CHARITABLE FUND AWARD PROGRAM TO AWARD UP TO 1,000 PER ANNUM FOR EQUIPMENT AND/OR SERVICES TO INDIVIDUALS WITH DISABILITIES WHO DEMONSTRATE FINANCIAL NEED. EACH RECIPIENT OF AN AWARD MUST MEET THE SOCIAL SECURITY ADMINISTRATION DEFINITION OF DISABLED AND MEET THE FEDERAL POVERTY GUIDELINES AND/OR RECEIVE SSI. 173 GRANTS WERE AWARDED TO ELIGIBLE INDIVIDUALS THROUGH THIS PROGRAM IN 2022. 1820380 true true false false false false false false false false true false false true true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 1 0 27 true false false false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false VA X X THE ORGANIZATION 8047406930 PO BOX 29408 RICHMOND VA 23242 STEPHANIE E GRANA ESQ PRESIDENT 1.00 X X 0 0 0 J PENN CRAWFORD ESQ PAST-PRESIDE 1.00 X X 0 0 0 STEPHEN KIMBERLIN CPA TREASURER 1.00 X X 0 0 0 SUSANNA B JONES ESQ SECRETARY 1.00 X X 0 0 0 DAVID C ACREE CPA MEMBER 1.00 X 0 0 0 ALEXANDRA BADMAN ESQ MEMBER 1.00 X 0 0 0 LATESHIA G BROWN LCSW MEMBER 1.00 X 0 0 0 MATTHEW J BUCKLEY CFP CFTA MEMBER 1.00 X 0 0 0 STEPHEN D BURNS ESQ MEMBER 1.00 X 0 0 0 CRAIG DAVIS ESQ MEMBER 1.00 X 0 0 0 PIERRE GREENE MBA MEMBER 1.00 X 0 0 0 RICHARD KUNZ MD MEMBER 1.00 X 0 0 0 B BAILEY LIIPFERT III CELA MEMBER 1.00 X 0 0 0 MARIAN MILLIKAN CPA MEMBER 1.00 X 0 0 0 BAGLEY REID CPA MEMBER 1.00 X 0 0 0 SEAN RUTHERFORD CPA MEMBER 1.00 X 0 0 0 EDWARD PRATCHETT MEMBER 1.00 X 0 0 0 PETER W TOMASCH CFP MEMBER 1.00 X 0 0 0 CHERYL PAGE CFA CFP MEMBER 1.00 X 0 0 0 JAMES HOULE MEMBER 1.00 X 0 0 0 JOANNE MARCUS PRESIDENT/CE 40.00 X 254970 0 14846 KAREN KONVICKA DIR CLIENT S 40.00 X 102313 0 9241 CHERYL CARLYON DIRECTOR OF 40.00 X 107050 0 9411 464333 33498 3 false true false 45450 1091745 1137195 CCT CONSULTATION FEE (0.5%) 522573 522573 CLIENT FEES 278362 278362 800935 50226 50226 1164720 1129184 1261 35536 -1261 34275 -1261 35536 2022631 799674 85762 120088 120088 269815 215852 53963 1043292 834634 208658 89730 71783 17947 57177 45742 11435 99580 79664 19916 12464 12464 10000 10000 8159 8159 35847 35847 114683 114683 59696 53905 5791 145439 130895 14544 129691 110469 19222 3899 3119 780 33293 28632 4661 33079 33079 OTHER/MISCELLANEOUS 12757 12757 STAFF COSTS 7501 6773 728 PAYROLL EXPENSE 5176 4141 1035 2291366 1820380 470986 0 413958 357011 137187 138998 3000 61543 10936 5618 330242 101083 240588 229159 2519705 1927022 7776 154205 3333150 2873556 8542 39235 22725 148497 8542 210457 X 3324608 2663099 3324608 2663099 3333150 2873556 X -268735 -370049 -22725 X false true X true false X 485798 635244 1072580 1061337 1137195 4392154 485798 635244 1072580 1061337 1137195 4392154 4392154 55545 66642 58652 56014 50226 287079 4679233 2931151 0.93860 0.92880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 330242 101083 229159 229159 RIGHT-OF-USE-ASSETS 146429 RENT DEPOSIT 7776 154205 LEASE LIABILITIES 148497 148497 X 1644423 -370049 -370049 2014472 8159 8159 2022631 2283207 2283207 8159 8159 2291366 SCHEDULE D, PAGE 3, PART X THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE TRUST MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE TRUST AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TRUST HAS RECOGNIZED NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2022. true CHARITABLE FUND AWARD 173 120088 SCHEDULE I, PAGE 1, PART I, LINE 2 THE CHARITABLE FUND AWARD PROGRAM AWARDS FUNDS FOR EQUIPMENT AND/OR SERVICES TO FINANCIALLY NEEDY INDIVIDUALS WITH DISABILITIES WHO LIVE IN THE STATE OF VIRGINIA. EACH RECIPIENT OF THE AWARD MUST MEET THE SOCIAL SECURITY ADMINISTRATION DEFINITION OF BEING DISABLED, MEET THE FEDERAL POVERTY GUIDELINES, OR RECEIVE SSI. APPLICATIONS ARE ACCEPTED ANNUALLY AND MUST BE SUBMITTED BY A REPRESENTATIVE FROM A PUBLIC SERVICE AGENCY OR NONPROFIT ORGANIZATION THAT SERVES PEOPLE WITH DISABILITIES. A COMMITTEE OF BOARD OF DIRECTORS AND STAFF EVALUATE EACH APPLICATION BASED ON HOW THE REQUESTED ITEM OR SERVICE WILL IMPROVE THE QUALITY OF LIFE OF THE RECIPIENT. THE HIGHEST SCORING APPLICATIONS ARE AWARDED UP TO 1,000 EACH, UP TO A CUMULATIVE FUNDING AMOUNT THAT IS PREDETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FOR SUCCESSFUL APPLICANTS, THE AWARD IS PRESENTED AS A CHECK MADE PAYABLE TO A VENDOR FOR THE ITEM OR SERVICE REQUESTED. X X X false false false false false false false false false JOANNE MARCUS PRESIDENT/CEO 211345 43625 14846 269816 FORM 990 - ORGANIZATION'S MISSION TO PROVIDE PEOPLE WITH SPECIAL NEEDS WHO LIVE THROUGHOUT THE UNITED STATES AND THEIR FAMILIES A CONVENIENT, COST-EFFECTIVE FRAMEWORK FOR THE ADMINISTRATION OF POOLED SPECIAL NEEDS TRUSTS THAT SUPPLEMENT GOVERNMENT ENTITLEMENT PROGRAMS SUCH AS SUPPLEMENTAL SECURITY INCOME (SSI) AND MEDICAID. TO EDUCATE FAMILIES, PEOPLE WITH SPECIAL NEEDS, AND PROFESSIONALS ABOUT THE BENEFITS OF A POOLED SPECIAL NEEDS TRUST. TO AWARD INDIVIDUALS WITH SPECIAL NEEDS WHO RESIDE IN VIRGINIA AND DEMONSTRATE A FINANCIAL NEED WITH A MONETARY GRANT TO BE USED FOR SERVICES AND/OR EQUIPMENT THROUGH CCT'S CHARITABLE FUND AWARD PROGRAM. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT/CEO DISTRIBUTES COPIES OF THE COMPLETED DRAFT OF FORM 990 (INCLUDING REQUIRED SCHEDULES) TO BOARD MEMBERS, WHO INCLUDE CPAS, FOR THEIR REVIEW. ANY CONCERNS OR QUESTIONS ARE NOTED AND ADDRESSED. AFTER ALL CHANGES HAVE BEEN MADE, THE FINAL VERSION OF THE FORM 990 (WITH REQUIRED SCHEDULES) ARE DISTRIBUTED TO EVERY VOTING MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE A QUESTIONNAIRE ON AN ANNUAL BASIS TO CERTIFY THAT THEY HAVE NO CONFLICTS OR TO DISCLOSE ANY POTENTIAL CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMPENSATION AND EXECUTIVE COMMITTEES OF THE BOARD OF DIRECTORS REVIEW AND ANNUALLY APPROVE THE COMPENSATION OF THE PRESIDENT/CEO AND ANY MANAGEMENT POSITION'S WHOSE COMPENSATION IS GREATER THAN 100K, PER BY-LAWS AND IN ACCORDANCE WITH 990. EVERY THREE YEARS, INDEPENDENT SALARY SURVEYS ARE CONDUCTED FOR ALL PRESIDENT/CEO, MANAGEMENT, AND STAFF POSITIONS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 DEFERRED REVENUE -22,725