Public Charity

COMMONWEALTH COMMUNITY TRUST

COMMONWEALTH COMMUNITY TRUST, of RICHMOND, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.7M in revenue, $3.3M in expenses, $4.8M in total assets.

EIN: 541565250 RICHMOND, VA Rehabilitative Care NTEE: E50 Latest filing: 2025

Total Revenue$3.7M

Total Expenses$3.3M

Total Assets$4.8M

Grant Records0

Filing Years2020–2025

Mission

TO SERVE INDIVIDUALS THROUGHOUT THE UNITED STATES WHO ARE VULNERABLE, INJURED, OR LIVING WITH A DISABILITY BY PROVIDING A STRUCTURED FRAMEWORK FOR CONVENIENT AND COST-EFFECTIVE POOLED TRUST ADMINISTRATION SERVICES THAT SUPPLEMENT GOVERNMENT BENEFIT PROGRAMS, INCLUDING SUPPLEMENTAL SECURITY INCOME (SSI) AND MEDICAID. CCT IS FURTHER COMMITTED TO EDUCATING INDIVIDUALS WITH DISABILITIES, THEIR FAMILIES, AND PROFESSIONALS ABOUT THE BENEFITS AND PROTECTIONS AFFORDED BY A POOLED TRUST. ADDITIONALLY, THROUGH CCT'S CHARITABLE FUND AWARD PROGRAM, THE ORGANIZATION AWARDS MONETARY GRANTS TO INDIVIDUALS WITH DISABILITIES WHO DEMONSTRATE FINANCIAL NEED, TO BE USED TOWARD ESSENTIAL SERVICES AND/OR EQUIPMENT.

Where $100 goes at Commonwealth Community Trust

How Commonwealth Community Trust divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$80 Programs the work itself

$20 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 $80 for programs

$75

Administers pooled special needs trusts, including first-party and third- party trusts, for participants throughout the united states while preserving eligibility for government benefit programs such as ssi and/or…

93% of program spending

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…

7% of program spending · Reported in the filing: 174 grants

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIR Alexandra Badman Esq

MEMBER Bagley Reid Cpa

MEMBER B Bailey Liipfert Iii Cela

DIRECTOR CLI Ben Tiefenback

MEMBER Brett Corsello

MEMBER Brody Reid

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$3.7M	$3.3M	$4.8M
2024	$3.1M	$2.9M	$3.5M
2023	$3.0M	$2.8M	$3.3M
2022	$2.0M	$2.3M	$2.9M
2020	$1.9M	$1.5M	$3.3M

Between 2020 and 2025, reported annual revenue grew from $1.9M to $3.7M (+93%), with total assets most recently reported at $4.8M.

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

See the full picture for COMMONWEALTH COMMUNITY TRUST

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