Program areas at Addison County Community Trust
Property operations: operation and/or stewardship of over 700 units of permanently affordable housing; this includes: property management for 334 multifamily tax credit apartments; operation of 340 lots in nine nonprofit acct-owned parks for owner-occupied mobile homes; and down payment grants for moderate-income households with subsequent stewardship of approximately 78 homes in the shared-equity program. Approximately 752 households were served in 2022.
Resident services: providing sash (support and services at home) services for acct senior housing residents and residents in the surrounding communities. Approximately 190 seniors were served in 2022. Also providing resident support services as needed to acct residents. Approximately 97 households were served in 2022.
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.
Who funds Addison County Community Trust
Grants from foundations and other nonprofits
Personnel at Addison County Community Trust
| Name | Title | Compensation | Date of data |
|---|
| Elise Shanbacker | Executive Director | $108,719 | 2023-11-13 |
| Colby Benjamin | Director of Maintenance , X114 | | 2023-10-12 |
| Jeff Wedwaldt | Property Manager for Apartments , X104 | | 2023-10-12 |
| Olivia Lanza | Property Manager, X115 | | 2023-10-12 |
| John Barstow | President | $0 | 2023-10-12 |
| ...and 7 more key personnel |
Financials for Addison County Community Trust
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $730,819 | $1,001,822 | -27.1% |
| Program services | $2,471,611 | $2,368,558 | 4.4% |
| Investment income and dividends | $-10,561 | $-9,596 | -10.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-28,184 | $0 | -999% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $57,445 | $7,167 | 701.5% |
| Total revenues | $3,221,130 | $3,367,951 | -4.4% |
Organizations like Addison County Community Trust
| Organization | Type | Location | Revenue |
|---|
| Arch Community Housing Trust | 501(c)(3) | Ketchum, ID | $5,665,807 |
| Moorestown Ecumenical Neighborhood Development (MEND) | 501(c)(3) | Moorestown, NJ | $2,770,530 |
| Community Development Corp of LC | 501(c)(3) | Newport, OR | $2,834,771 |
| Habitat for Humanity of Metro Louisville | 501(c)(3) | Louisville, KY | $8,767,687 |
| Aiken County Habitat for Humanity | 501(c)(3) | Aiken, SC | $869,793 |
| Habitat for Humanity of Gallatin Valley | 501(c)(3) | Belgrade, MT | $826,816 |
| Nueva Esperanza Housing and Economic Development Corporation | 501(c)(3) | Philadelphia, PA | $1,212,448 |
| Shires Housing | 501(c)(3) | Bennington, VT | $1,971,568 |
| Builders of Hope CDC | 501(c)(3) | Dallas, TX | $2,156,362 |
| Asian Community Development Corporation | 501(c)(3) | Boston, MA | $3,536,365 |
Data update history
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Snave Foundation October 12, 2023
Updated personnel
Identified 2 new personnel
July 22, 2023
Received grants
Identified 2 new grant, including a grant for $149,989 from Cathedral Square (CS) July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Provides grantsState / local levelReceives government fundingTax deductible donations
General information
- Address
- 272 Main St
- Vergennes, VT 05491
- County
- Addison County, VT
- Website URL
- addisonhousingworks.org/Â
- Phone
- (802) 877-2626
IRS details
- EIN
- 22-3032009
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1989
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L20: Housing Development, Construction, Management
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Independent
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