Nonprofit · EIN 26-2998289
AMERICAN COMMUNITIES TRUST INC
Tax-exempt · BALTIMORE, MD 21211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,675,135 | $1,119,627 | $555,508 | $11,391,330 | $2,753,272 | $8,638,058 |
| December 31, 2023 | 990 | $2,586,469 | $784,853 | $1,801,616 | $11,213,260 | $3,130,710 | $8,082,550 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,541,607
- of which government grants
- $1,541,558
- Program service revenue
- $7,925
- Investment income
- $12,418
- Net rental income
- $111,688
- Other revenue
- $113,185
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $224,570
- Other salaries and wages
- $90,075
- Salaries, compensation and benefits (total)
- $371,392
- Professional fundraising fees
- $0
- Legal fees
- $21,765
- Accounting fees
- $127,054
- Occupancy
- $274,356
- Travel
- $6,279
- Depreciation
- $2,822
- Program services (functional)
- $1,063,644
- Management and general (functional)
- $11,198
- Fundraising (functional)
- $44,785
Balance sheet and other
- Total assets, start of year
- $11,213,260
- Total assets, end of year
- $11,391,330
- Total liabilities, end of year
- $2,753,272
- Net assets, end of year
- $8,638,058
- Land, buildings and equipment
- $171,238
- Net assets without donor restrictions
- $7,254,019
- Net assets with donor restrictions
- $1,384,039
- Gross receipts
- $1,675,135
- Employees
- 7
- Volunteers
- 5
- Year formed
- 2008
- State of legal domicile
- MD
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 |
|---|---|---|---|---|
| CHINA BOAK TERRELL | OUTGOING CEO Trustee or director, Officer | 40 | $181,481 | $23,089 |
| ELAINE DIPIETRO | TREASURER (THRU 11/24) AND INTERIM CEO Trustee or director, Officer | 0.5 | $20,000 | $0 |
| BENJAMIN L CIRKA | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| BILL STRUEVER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| DR GARY RODWELL | BOARD MEMBER Trustee or director, Officer | 0.5 | $0 | $0 |
| JANICE WOODCOCK | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHINA BOAK TERRELL | CEO Officer | 40 | $127,000 | $22,758 |
| BENJAMIN L CIRKA | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| BILL STRUEVER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| DR GARY RODWELL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ELAINE DI PIETRO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| JANICE WOODCOCK | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 50160, BALTIMORE, MD 21211-4160
- In care of
- % CHIEF EXECUTIVE OFFICER
- Principal officer (990 for 2024)
- DR GARY D RODWELL, PO BOX 50160, BALTIMORE, MD 21211
- Signed the 990
- DR GARY D RODWELL, INTERIM CEO
- Phone
- (240) 354-4544
- Website
- WWW.ACTIMPACT.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO BUILD STRONG, VIBRANT COMMUNITIES BY PARTNERING WITH NONPROFIT AND FOR PROFIT ORGANIZATIONS TO DEVELOP COMMUNITY INVESTMENT STRATEGIES THAT HAVE LASTING SOCIAL IMPACT AND CREATE ECONOMIC OPPORTUNITY.
Program accomplishments
- BALTIMORE PUMPHOUSE:THE BALTIMORE PUMPHOUSE IS A MULTI-PHASED, $27M INITIATIVE TO ESTABLISH A SMALL BUSINESS TOWN CENTER IN THE HEART OF A SEVERELY DISTRESSED COMMUNITY THAT WAS ONCE AN EPICENTER OF BUSINESS AND RETAIL. THE BALTIMORE PUMPHOUSE HAS EXPANDED TO EIGHT BUILDINGS (SIX OF WHICH ARE HISTORIC) (THE "PROJECT") LOCATED AT THE CORNER OF N. WOLFE ANDN. GAY STREETS, IN BALTIMORE'S BROADWAY EAST COMMUNITY (THE "PROPERTY").THE PROJECT SPONSOR, AMERICAN COMMUNITIES TRUST ("ACT"), IS A NON-PROFIT COMMUNITY DEVELOPMENT PARTNER SPECIALIZING IN CREATING INCLUSIVE ECONOMIC DEVELOPMENT PROJECTS THAT BRING GROWTH AND PROSPERITY TO LOW-INCOME RESIDENTS. THE FIVE BUILDINGS THAT CONSTITUTE THE BALTIMORE PUMPHOUSE WERE BUILT 125 YEARS AGO AS THE WATER PUMPING STATION FOR EAST BALTIMORE.VACANT SINCE THE 1990'S, THE CONDITION OF THE BUILDINGS WAS SO DERELICT THAT THEY BECAME THE PERFECT FILMING LOCATION FOR THE WIRE. KEY OBJECTIVES OF THE PROJECT INCLUDE ELIMINATING FOUR ACRES OF BLIGHT FROM A SEVERELY DISTRESSED COMMUNITY, SUPPORTING MINORITY AND LOCALLY OWNED SMALL BUSINESSES; LOCAL JOB CREATION; INCREASING OPPORTUNITIESFOR COMMERCE AND THE CIRCULATION OF THE DOLLAR WITHIN THE COMMUNITY; RELIEVING PRESSURE ON AND UTILIZATION OF SOCIAL SERVICES; INCREASING DIRECT ACCESS TO HEALTHY FOOD; AND RESTORING HISTORICAL TREASURES.THIS MULTI-PHASE STRATEGY IS CURRENTLY IN ITS FINAL PHASE FOR COMPLETION.THE WORK DONE TO DATE INCLUDES:CONSTRUCTION COMPLETED IN AUGUST 2017: ENVIRONMENTAL REMEDIATION, SITE WORK AND REPAIR OF ESSENTIAL INFRASTRUCTURE, WHILE BUILDING NEW 8,000 SF COMMERCIAL PRODUCTION AND TEACHING KITCHENS (BUILDING 7-NEW CONSTRUCTION).CONSTRUCTION COMPLETED IN OCTOBER 2019: REHABILITATED THE HISTORIC STOREHOUSE (BUILDING 3). TODAY, THE 9,890 SF STOREHOUSE SERVES CREATIVE, HOUSING A PHOTOGRAPHY AND MOTION STUDIO AND FASHION RETAILERS.CONSTRUCTION COMPLETED IN NOVEMBER 2022: REHABILITATED 6,830 SF HISTORIC STABLES (BUILDINGS 5 AND 6) AND CONSTRUCTING A NEW CONNECTOR BETWEEN BUILDINGS 5 AND 6 TO FORM ONE SINGLE BUILDING. THE HISTORIC STABLES WILL BE LEASED FOR NONPROFIT OFFICE/ FLEX SPACE.CONSTRUCTION COMPLETED IN JULY 2025: REHABILITATED 10,000 SF OF THE HISTORIC GARAGE (BUILDING 1). THE HISTORIC GARAGE WILL BE LEASED FOR NONPROFIT OFFICE/ FLEX SPACE.THE KITCHENS BUILDING AT 1731 LLEWELYN IS FULLY LEASED 5 SMALL BUSINESS USERS, AND ONE NONPROFIT TENANT.ACQUIRING A 10,000 SF WAREHOUSE ADJACENT TO THE CAMPUS THAT WAS GOING TO BECOME VACANT IN JANUARY 2024. THE WAREHOUSE IS HOME TO A NONPROFIT USER AS A FIELD HOUSE FOR GARDENING MATERIALS AND HAS A PRELEASE TO A GYM THAT FOCUSES ON MENTAL AND PHYSICAL HEALTH.Expenses $1,010,462 · revenue $9,422
- LAST MILE PARK:LAST MILE PARK IS A $6.3 MILLION, ONE-MILE PUBLIC ART AND HERITAGE ECO-TRAIL THAT WILL LOOP THROUGH AMTRAK'S EIGHT OVERPASSES. LYING ADJACENT TO THE BALTIMORE PUMPHOUSE, THE TRAIL LIES BETWEEN THE NORTH-OF-THE-TRACKS NEIGHBORHOODS TO THE NORTH AND EBDI, EAGER PARK, AND JOHNS HOPKINS UNIVERSITY TO THE SOUTH. THE TRAIL WILL TAKE PEDESTRIANS ON A TOUR OF SCULPTURAL ART, PERMANENT ARTISTIC LIGHT INSTALLATIONS, AND GREEN INFRASTRUCTURE WHILE PROVIDING ENGAGING INFORMATION ON THE NARRATIVES AND CULTURE OF EAST BALTIMORE AND ITS RESIDENTS. LAST MILE PARK STITCHES TOGETHER THE NORTHERN AND SOUTHERN NEIGHBORHOODS AROUND THE RAILROAD TRACK, PROMOTING ONE UNIFIED COMMUNITY. THE PILOT SITE OF LAST MILE PARK OPENED IN MAY 2022. ACT RECEIVED AN ADDITIONAL AWARD OF $904,000 FOR THE NEXT SITE IN 2024.Expenses $53,182
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
- 26-2998289
- 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
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $11,391,330
- Income (IRS master file)
- $1,675,135
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,675,135 | $1,119,627 | $11,391,330 | XML |
| 990 | December 2023 | $2,586,469 | $784,853 | $11,213,260 | XML |
| 990 | December 2022 | $1,678,107 | $902,913 | $9,045,085 | 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 26-2998289).
Questions about AMERICAN COMMUNITIES TRUST INC
- What is the EIN of AMERICAN COMMUNITIES TRUST INC?
- The employer identification number (EIN) of AMERICAN COMMUNITIES TRUST INC is 26-2998289.
- Is AMERICAN COMMUNITIES TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to AMERICAN COMMUNITIES TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN COMMUNITIES TRUST INC 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 AMERICAN COMMUNITIES TRUST INC 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 AMERICAN COMMUNITIES TRUST INC 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 AMERICAN COMMUNITIES TRUST INC?
- The 990 for the year ended December 31, 2024 names DR GARY D RODWELL.
- Who are the officers and directors of AMERICAN COMMUNITIES TRUST INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $181,481 (CHINA BOAK TERRELL, OUTGOING CEO).
- How much revenue does AMERICAN COMMUNITIES TRUST INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,675,135, expenses of $1,119,627 and total assets of $11,391,330 at year end.
Other nonprofits in BALTIMORE
- T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC EIN 31-1709466 · last filed 990 for 2026
- ANNIE E CASEY FOUNDATION EIN 52-1951681 · last filed 990-PF for 2024
- STEPHEN AND RENEE BISCIOTTI FOUNDATION INC EIN 52-2352678 · last filed 990-PF for 2024
- THE HARVEY M MEYERHOFF FUND INC EIN 52-1904818 · last filed 990-PF for 2024
- BALTIMORE COMMUNITY FOUNDATION INC EIN 23-7180620 · last filed 990 for 2024
- ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE INC EIN 52-0607957 · last filed 990 for 2025
- ASSOCIATED JEWISH CHARITIES OF BALTIMORE EIN 52-6024192 · last filed 990 for 2025
- THE UNITED WAY OF CENTRAL MARYLAND INC EIN 52-0591543 · last filed 990 for 2025
All nonprofits in BALTIMORE · Maryland · Philanthropy, voluntarism and grantmaking foundations