2015-01-23T06:42:50-06:00 2014-06-30 030280081 JMM & ASSOCIATES PC 336 WATER TOWER CIR STE 801 COLCHESTER VT 05446 990 2013-07-01 030337709 RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION RAND 8027284305 PO BOX 409 RANDOLPH VT 05060 JULIE IFFLAND EXECUTIVE DIRECTOR 8027284305 2015-01-22 true RANDALL L SARGENT CPA P00136499 8026555665 2015-01-23 2013 2016-02-25 16:41:14Z JULIE IFFLAND PO BOX 409 RANDOLPH VT 05060 913807 false X WWW.RACDC.COM X 1993 VT DEVELOP AFFORDABLE HOUSING AND ELDERLY HOUSING; ATTRACT AND RETAIN BUSINESSES; SUPPORT DOWNTOWN AND VILLAGE CENTER REVITALIZATION. 12 11 18 52 0 47810 75772 580474 498297 -220 87695 15685 9738 643749 671502 0 0 305428 300580 0 0 391051 339487 696479 640067 -52730 31435 3837033 3467156 2406880 2005568 1430153 1461588 X DEVELOP AFFORDABLE HOUSING AND ELDERLY HOUSING; ATTRACT AND RETAIN BUSINESSES; SUPPORT DOWNTOWN AND VILLAGE CENTER REVITALIZATION. false false 252017 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. 50670 JACOBS MOBILE HOME PARK CONSISTS OF 19 MOBILE HOME LOTS FOR LEASE TO A MIX OF PRIMARILY LOW AND MODERATE INCOME FAMILIES, AND IS RESTRICTED TO SUCH USE BY AFFORDABILITY COVENANTS. 42011 28 NORTH MAIN IS A REDEVELOPMENT OF A FORMER SCHOOL SITE INTO A COMMERCIAL BUILDING TO MOVE A LARGE RANDOLPH EMPLOYER TO A DOWNTOWN LOCATION. 191214 THE AYERS BROOK CENTER IS AN OFFICE BUILDING ACQUIRED AND RENOVATED BY RACDC TO CO-LOCATE SOCIAL SERVICE ORGANIZATION OFFICES AND PROGRAMS. THE AYERS BROOK CENTER WAS SOLD IN FISCAL 2014. REVOLVING LOAN FUND PROVIDES LOANS TO RESIDENTIAL CUSTOMERS AND BUSINESS LOANS TO AREA SMALL BUSINESSES. 191214 535912 true true false false false false false false true false true false true true false true false true false false false false false false false false false false false false false false false false false false false true false false false false false true false false false true 21 0 true 18 true false false false false false false false false false false false false X 12 11 false false false false true true true true true false false true true true true true true true false false X JULIE IFFLAND 8027284305 PO BOX 409 RANDOLPH VT 05060 MARTY STRANGE DIRECTOR 2.00 X 0 0 0 PATRICK FRENCH DIRECTOR 2.00 X 0 0 0 SUE SHERMAN SECRETARY 2.00 X X 0 0 0 JOHN WESTBROOK PRESIDENT 2.00 X X 0 0 0 BOB WRIGHT DIRECTOR 2.00 X 0 0 0 SARAH ISHAM TREASURER 2.00 X X 0 0 0 CAROL BUSHEY DIRECTOR 2.00 X 0 0 0 LINDA CHAMBERS DIRECTOR 2.00 X 0 0 0 ROBERT MOYER DIRECTOR 2.00 X 0 0 0 PAM STAFFORD VICE-PRESIDE 2.00 X X 0 0 0 LEE MOORE DIRECTOR 2.00 X 0 0 0 TED ELZEY DIRECTOR 2.00 X 0 0 0 JULIE IFFLAND EXECUTIVE DI 40.00 X 80609 0 0 80609 false false false 32995 42777 75772 RENTAL INCOME 523920 192961 192961 SERVICES INCOME 532000 134196 134196 SASH CONTRACT FEES 621610 102367 102367 INTEREST INCOME 531110 63299 63299 LOAN FEES 531390 9241 9241 -3767 -3767 498297 330000 242305 87695 87695 87695 DISTRIBUTION FROM RHH 531390 6423 6423 MISCELLANEOUS INCOME 531390 3315 3315 9738 671502 595730 80588 69965 10623 186865 162233 24632 10744 9609 1135 22383 19474 2909 12241 12241 1704 488 1216 16368 4686 11682 3011 862 2149 6656 3519 3137 4927 514 4413 103208 100458 2750 1036 722 314 3919 32 3887 66173 62584 3589 43233 43233 11782 5667 6115 FOOD AND SUPPLIES 35929 34971 958 MISCELLANEOUS 29300 4654 24646 640067 535912 104155 0 134363 1784 205548 326071 312 13040 452063 419041 6596 4518 1789018 534897 1493800 1254121 229286 229276 1315065 1219305 3837033 3467156 75431 58146 5483 5689 3807 2320277 1943615 2406880 2005568 X 873390 916154 426721 415392 130042 130042 1430153 1461588 3837033 3467156 31435 X false true X true false X 235996 117321 162087 47810 75772 638986 235996 117321 162087 47810 75772 638986 55525 583461 638986 3010804 0.91310 0.94550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 268000 268000 1120394 492300 628094 134723 42597 92126 265901 265901 1254121 INVESTMENT IN SSRC 229276 C 229276 CAPITAL LEASE RECEIVABLE 1198969 ACCRUED INTEREST RECEIVABLE 15614 EQUITY IN OTHER PROPERTIES 4722 1219305 SCHEDULE D, PAGE 2, PART IV, LINE 2B RACDC RENTAL PROPERTIES REQUIRE TENANT SECURITY DEPOSITS. THESE AMOUNTS ARE CONSIDERED CUSTODIAL LIABILITIES. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. CLARA MARTIN CENTER RELATED PARTY 330000 SALE OF BUILDING false SCHEDULE L, PART V IN FISCAL 2014, RACDC SOLD ONE OF ITS BUILDINGS (AYERS BROOK CENTER) TO THE CLARA MARTIN CENTER. ONE OF RACDC'S BOARD MEMBERS IS THE EXECUTIVE DIRECTOR OF THE CLARA MARTIN CENTER. FORM 990, PAGE 2, PART III, LINE 4D THE AYERS BROOK CENTER IS AN OFFICE BUILDING ACQUIRED AND RENOVATED BY RACDC TO CO-LOCATE SOCIAL SERVICE ORGANIZATION OFFICES AND PROGRAMS. THE AYERS BROOK CENTER WAS SOLD IN FISCAL 2014. REVOLVING LOAN FUND PROVIDES LOANS TO RESIDENTIAL CUSTOMERS AND BUSINESS LOANS TO AREA SMALL BUSINESSES. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERSHIP IN THE ORGANIZATION IS VOLUNTARY AND IS OPEN TO ANY INDIVIDUAL, BUSINESS, AND ORGANIZATION. APPLICANTS ARE ADMITTED MEMBERSHIP FOR THREE YEARS UPON SUBMITTING SUCH INFORMATION AS MAY BE REQUIRED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF RACDC ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS OF RACDC APPROVE CHANGES TO THE GOVERNING DOCUMENTS. FORM 990, PAGE 6, PART VI, LINE 11B COPY DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A BOARD OF DIRECTORS APPROVES ANNUAL COMPENSATION FOR EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. RED LION INC 9 PLEASANT STREET RANDOLPH VT 05060 030366322 HOUSING VT 501 9 N/A false RANDOLPH HOUSE HOLDINGS INC PO BOX 409 RANDOLPH VT 05060 273846986 HOUSING VT 501 9 N/A false HEDDING DRIVE LIMITED PARTNERSHIP 123 ST PAUL STREET BURLINGTON VT 05401 030354590 HOUSING VT N/A RELATED -20 1579 false true 0.00330 BRANCHWOOD HOUSING LTD PARTNERSHIP 123 ST PAUL STREET BURLINGTON VT 05401 200229635 HOUSING VT N/A RELATED -349 -3012 false true 0.00500 SALISBURY SQUARE HLP 123 ST PAUL STREET BURLINGTON VT 05401 273939662 HOUSING VT N/A RELATED false true 0.00010 SALISBURY SQUARE RENTAL CORPORATION PO BOX 409 RANDOLPH VT 05060 273939825 HOUSING VT N/A C CORP -10 229276 1.00000 false SALISBURY SQUARE PLANNED COMMUNITY PO BOX 409 RANDOLPH VT 05060 273940098 HOUSING VT N/A C CORP false SALISBURY SQUARE HOMEOWNER'S ASSOCI PO BOX 409 RANDOLPH VT 05060 273940697 HOUSING VT N/A C CORP false SALISBURY SQUARE HOMEOWNER'S ASSOCI PO BOX 409 RANDOLPH VT 05060 273940568 HOUSING VT N/A C CORP false false false false false false false false false false false false true false false true false false false true RANDOLPH HOUSE HOLDINGS INC O 2014 FMV RANDOLPH HOUSE HOLDINGS INC S 6423 FMV RANDOLPH HOUSE HOLDINGS INC L 40608 FMV RED LION INC L 8000 FMV