Public Charity

RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION

RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION is a Public Charity headquartered in RANDOLPH, VT. Financial data from the 2024 filing: $1.3M revenue, $1.2M expenses, $8.3M total assets. 5 publicly reported grants to this organization, totaling roughly $243K, appear in IRS filings.

EIN: 030337709 RANDOLPH, VT Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.2M
Total Assets$8.3M
Grant Records5
Funding Total$243K
Filing Years2020–2024

Mission

RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION (RACDC) IS A NONPROFIT ORGANIZATION THAT UNITES THE COMMUNITY BEHIND INITIATIVES WHICH STRENGTHEN OUR REGION'S SOCIAL AND ECONOMIC ASSETS IN ORDER TO ENRICH QUALITY OF LIFE, INSTILL PRIDE, AND BUILD CONFIDENCE. WE DO THIS BY PROMOTING SOUND DEVELOPMENT PRACTICES AND INVESTMENT, CREATING AFFORDABLE HOUSING OPTIONS, PRESERVING ENVIRONMENTAL AND HISTORIC RESOURCES, AND LEADING IN THE REVITALIZATION OF DOWNTOWN AND VILLAGE CENTERS.

Where $100 goes at Randolph Area Community Development Corporation

How Randolph Area Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$45
Racdc administers several additional programs
52% of program spending · Reported in the filing: 80 participants; 100 participants
$28
Joslyn house is a shared housing facility with supportive services primarily for low and moderate income individuals, and is restricted to such by affordability covenants
33% of program spending
$10
Armstrong mobile home park consists of 16 mobile home lots and a house that includes one 2-bedroom and one 1-bedroom unit, for lease to a mix of primarily…
11% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$150,000
2021
VT Comprehensive Energy plan
$75,000
2021
COMMUNITY EDUCATION AND OUTREACH SUPPORTING SUSTAINABLE, SMART GROWTH-ORIENTED AFFORDABLE HOUSING.
$5,000
2018
PUBLIC, SOCIETAL BENEFIT
$5,100
2017
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$8,250

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

DIRECTOR Christine Maloney
DIRECTOR Dan Bennett Left October 2024
VICE PRESIDE Daniel Devoe
DIRECTOR Eileen London
DIRECTOR Josh Hanford
EXECUTIVE DI Julie Iffland

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$13,350 2 grants
Education
$5,000 1 grant
Unspecified
$225,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $1.2M $8.3M
2023 $1.3M $622K $8.4M
2022 $3.8M $1.0M $7.3M
2021 $1.1M $869K $5.2M
2020 $736K $743K $5.2M

Between 2020 and 2024, reported annual revenue grew from $736K to $1.3M (+83%), with total assets most recently reported at $8.3M.

Interactive year-over-year charts and full filing details available with membership.

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