Nonprofit · EIN 22-3032009
ADDISON COUNTY COMMUNITY TRUST
Tax-exempt · VERGENNES, VT 05491
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,752,796 | $3,836,828 | $915,968 | $17,190,549 | $4,854,240 | $12,336,309 |
| December 31, 2023 | 990 | $6,840,267 | $3,163,914 | $3,676,353 | $16,638,687 | $5,218,346 | $11,420,341 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,038,103
- of which government grants
- $1,786,374
- Program service revenue
- $2,763,525
- Investment income
- -$89,995
- Net income from fundraising events
- $31,189
- Other revenue
- $41,163
Expenses
- Grants and similar amounts paid
- $162,550
- Compensation of officers, directors and key employees
- $127,130
- Other salaries and wages
- $1,204,644
- Salaries, compensation and benefits (total)
- $1,697,357
- Professional fundraising fees
- $0
- Legal fees
- $43,468
- Accounting fees
- $16,500
- Occupancy
- $1,048,526
- Depreciation
- $357,057
- Program services (functional)
- $3,535,107
- Management and general (functional)
- $273,186
- Fundraising (functional)
- $28,535
Balance sheet and other
- Total assets, start of year
- $16,638,687
- Total assets, end of year
- $17,190,549
- Total liabilities, end of year
- $4,854,240
- Net assets, end of year
- $12,336,309
- Land, buildings and equipment
- $12,029,943
- Publicly traded securities
- $438,131
- Net assets without donor restrictions
- $11,927,651
- Net assets with donor restrictions
- $408,658
- Gross receipts
- $4,761,184
- Employees
- 30
- Volunteers
- 20
- Year formed
- 1989
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELISE SHANBACKER | EXECUTIVE DI Officer | 40 | $121,746 | $5,384 |
| DAVID HAMILTON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| NATASHA SEN | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| JAMIE MCKENNA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PEGGY NELSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| INGRID PIXLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JON CRYSTAL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN BARSTOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANNA BURNS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAREN LUEDERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LOUISE SANDBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARIE LENNON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SARAH STAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRYAN PLANT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GABRIEL CALVI | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELISE SHANBACKER | EXECUTIVE DI Officer | 40 | $101,702 | $5,305 |
| JOHN BARSTOW | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DAVID HAMILTON | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| JAMIE MCKENNA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PEGGY NELSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANNA BURNS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JON CRYSTAL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARIE LENNON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAREN LUEDERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| INGRID PIXLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LOUISE SANDBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATASHA SEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SARAH STAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BARRY FRANCIS LEFT IN 2023 | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ABI SESSIONS LEFT IN 2023 | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT COFFEY LEFT IN 2023 | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 272 MAIN ST, VERGENNES, VT 05491-1026
- In care of
- % COMPUCOUNT INC
- Principal officer (990 for 2024)
- ELISE SHANBACKER, 272 MAIN STREET, VERGENNES, VT 05491
- Signed the 990
- ELISE SHANBACKER, EXECUTIVE DIRECTOR
- Phone
- (802) 877-2626
- Website
- WWW.ADDISONTRUST.ORG
- Return prepared by
- JMM & ASSOCIATES PC
Mission
AHW 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.
Program accomplishments
- PROPERTY OPERATIONS: OPERATION AND/OR STEWARDSHIP OF OVER 750 UNITS OF PERMANENTLY AFFORDABLE HOUSING; THIS INCLUDES: PROPERTY MANAGEMENT FOR 353 MULTIFAMILY TAX CREDIT APARTMENTS; OPERATION OF 340 LOTS IN NINE NONPROFIT AHW-OWNED PARKS FOR OWNER-OCCUPIED MOBILE HOMES; AND DOWN PAYMENT GRANTS FOR MODERATE-INCOME HOUSEHOLDS WITH SUBSEQUENT STEWARDSHIP OF APPROXIMATELY 76 HOMES IN THE SHARED-EQUITY PROGRAM. APPROXIMATELY 800 HOUSEHOLDS WERE SERVED IN 2024.Expenses $2,924,156 · revenue $2,726,025
- REHAB 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.Expenses $259,156 · grants $162,550 · revenue $37,500
- RESIDENT SERVICES: PROVIDING SASH (SUPPORT AND SERVICES AT HOME) SERVICES FOR AHW SENIOR HOUSING RESIDENTS AND RESIDENTS IN THE SURROUNDING COMMUNITIES. APPROXIMATELY 190 SENIORS WERE SERVED IN 2024. ALSO PROVIDING RESIDENT SUPPORT SERVICES AS NEEDED TO FAMILIES AND RESIDENTS IMPACTED BY HOUSING INSTABILITY. APPROXIMATELY 200 HOUSEHOLDS WERE SERVED IN 2024.Expenses $351,795
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3032009
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $17,190,549
- Income (IRS master file)
- $4,761,184
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,752,796 | $3,836,828 | $17,190,549 | XML |
| 990 | December 2023 | $6,840,267 | $3,163,914 | $16,638,687 | XML |
| 990 | December 2022 | $3,221,130 | $2,872,315 | $12,665,119 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3032009).
Questions about ADDISON COUNTY COMMUNITY TRUST
- What is the EIN of ADDISON COUNTY COMMUNITY TRUST?
- The employer identification number (EIN) of ADDISON COUNTY COMMUNITY TRUST is 22-3032009.
- Is ADDISON COUNTY COMMUNITY TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to ADDISON COUNTY COMMUNITY TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ADDISON COUNTY COMMUNITY TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ADDISON COUNTY COMMUNITY TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ADDISON COUNTY COMMUNITY TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ADDISON COUNTY COMMUNITY TRUST?
- The 990 for the year ended December 31, 2024 names ELISE SHANBACKER.
- Who are the officers and directors of ADDISON COUNTY COMMUNITY TRUST?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $121,746 (ELISE SHANBACKER, EXECUTIVE DI).
- How much revenue does ADDISON COUNTY COMMUNITY TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,752,796, expenses of $3,836,828 and total assets of $17,190,549 at year end.
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