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RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION (EIN 03-0337709)
Tax period
2011-07-01 to 2012-06-30
Filed
2013-02-28
IRS object ID
201310599349300036
Schema version
2011v1.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-02-28T15:13:58-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1JMM & ASSOCIATES INCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1336 WATER TOWER CIR STE 801AddressLine1
CityCOLCHESTERCity
StateVTState
ZIP Code05446ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN030337709EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1RANDOLPH AREA COMMUNITY DEVELOPMENTBusinessNameLine1
Business Name Line2CORPORATIONBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlRANDNameControl
Phone8027284305Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 409AddressLine1
CityRANDOLPHCity
StateVTState
ZIP Code05060ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJULIE IFFLANDName
TitleEXECUTIVE DIRECTORTitle
Phone8027284305Phone
Date Signed2013-02-20DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRANDALL L SARGENT CPAName
Phone8026555665Phone
Date Prepared2013-02-28DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJULIE IFFLANDNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO BOX 409AddressLine1
CityRANDOLPHCity
StateVTState
ZIP Code05060ZIPCode
FieldValueIRS element (for citing)
Gross Receipts843928GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.RACDC.COMWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1993YearFormation
State Legal DomicileVTStateLegalDomicile
Activity Or Mission DescriptionDEVELOP AFFORDABLE HOUSING AND ELDERLY HOUSING; ATTRACT AND RETAIN BUSINESSES; SUPPORT DOWNTOWN AND VILLAGE CENTER REVITALIZATION.ActivityOrMissionDescription
Nbr Voting Members Governing Body14NbrVotingMembersGoverningBody
Nbr Independent Voting Members14NbrIndependentVotingMembers
Total Nbr Employees14TotalNbrEmployees
Total Nbr Volunteers32TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year117321ContributionsGrantsPriorYear
Contributions Grants Current Year162087ContributionsGrantsCurrentYear
Program Service Revenue Prior Year779040ProgramServiceRevenuePriorYear
Program Service Revenue CY680009ProgramServiceRevenueCY
Investment Income Prior Year-409171InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year32967OtherRevenuePriorYear
Other Revenue Current Year1832OtherRevenueCurrentYear
Total Revenue Prior Year520157TotalRevenuePriorYear
Total Revenue Current Year843928TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year10000GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY5750GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year267293SalariesEtcPriorYear
Salaries Etc Current Year303282SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year470010OtherExpensePriorYear
Other Expenses Current Year418705OtherExpensesCurrentYear
Total Expenses Prior Year747303TotalExpensesPriorYear
Total Expenses Current Year727737TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-227146RevenuesLessExpensesPriorYear
Revenues Less Expenses CY116191RevenuesLessExpensesCY
Total Assets BOY4872874TotalAssetsBOY
Total Assets EOY3870660TotalAssetsEOY
Total Liabilities BOY3662842TotalLiabilitiesBOY
Total Liabilities EOY2387777TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1210032NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1482883NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionDEVELOP AFFORDABLE HOUSING AND ELDERLY HOUSING; ATTRACT AND RETAIN BUSINESSES; SUPPORT DOWNTOWN AND VILLAGE CENTER REVITALIZATION.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense238394Expense
DescriptionJOSLYN HOUSE IS A SHARED HOUSING FACILITY WITH SUPPORTIVE SERVICES PRIMARILY FOR LOW AND MODERATE INCOME INDIVIDUALS, AND IS RESTRICTED TO SUCH BY AFFORDABILITY COVENANTS. RACDC SERVED OVER 200 RESIDENTS, TENANTS, LOAN PARTICIPANTS AND INQUIRIES THROUGHOUT FISCAL 2012.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense50721Expense
DescriptionAYERS BROOK CENTER IS AN OFFICE BUILDING ACQUIRED AND RENOVATED BY RACDC TO CO-LOCATE SOCIAL SERVICE ORGANIZATION OFFICES AND PROGRAMS.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense47816Expense
DescriptionJACOBS 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.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense276693Expense
Grants5750Grants
Description28 NORTH MAIN IS A REDEVELOPMENT OF A FORMER SCHOOL SITE INTO A COMMERCIAL BUILDING TO MOVE A LARGE RANDOLPH EMPLOYER TO A DOWNTOWN LOCATION. REVOLVING LOAN FUND PROVIDES LOANS TO RESIDENTIAL CUSTOMERS AND BUSINESS LOANS TO AREA SMALL BUSINESSES. THE RANDOLPH HOUSE IS A LOW-INCOME HOUSING UNIT, AND IS RESTRICED TO SUCH BY AFFORDABILITY CONVENANTS. THE RANDOLPH HOUSE IS LOCATED ON MAIN STREET IN RANDOLPH, VERMONT.Description
FieldValueIRS element (for citing)
Total Of Other Program Service Exp276693TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt5750TotalOfOtherProgramServiceGrnt
Total Program Service Expense613624TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvesttrueReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109620NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees14NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members14NbrVotingGoverningBodyMembers
Number Independent Voting Members14NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovaltrueDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonJULIE IFFLANDNamePerson
Telephone Number8027284305TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 409AddressLine1
CityRANDOLPHCity
StateVTState
ZIP Code05060ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
MARTY STRANGE
PRESIDENT2.00XX000
PATRICK FRENCH
VICE PRES.2.00XX000
SUE SHERMAN
SECRETARY2.00XX000
JOHN WESTBROOK
DIRECTOR2.00X000
MARY ELLEN BEAN
DIRECTOR2.00X000
SARAH ISHAM
TREASURER2.00XX000
SANDERS STEPHENS
DIRECTOR2.00X000
LINDA CHAMBERS
DIRECTOR2.00X000
CAROLYN TONELLI
DIRECTOR2.00X000
PAM STAFFORD
DIRECTOR2.00X000
JOHN LUTZ
DIRECTOR2.00X000
KELLY GREEN
DIRECTOR2.00X000
ROSS EVANS
DIRECTOR2.00X000
TED ELZEY
DIRECTOR2.00X000
JULIE IFFLAND
EXEC. DIR.40.00X7919901534
FieldValueIRS element (for citing)
Total Reportable Comp From Org79199TotalReportableCompFromOrg
Total Other Compensation1534TotalOtherCompensation
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Government Grants94417GovernmentGrants
All Other Contributions67670AllOtherContributions
Noncash Contributions29753NoncashContributions
Total Contributions162087TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RENTAL INCOME523920246662246662
SERVICES INCOME532000179320179320
DEVELOPMENT FEES522292172890172890
INTEREST INCOME5311106534565345
LOAN FEES5313901497714977

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column815TotalRevenueColumn
Related Or Exempt Function Income815RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue680009TotalProgramServiceRevenue

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionMISCELLANEOUS INCOMEDescription
Business Code531390BusinessCode
Total Revenue Column1832TotalRevenueColumn
Related Or Exempt Function Income1832RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue1832TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column843928TotalRevenueColumn
Related Or Exempt Function Income681841RelatedOrExemptFunctionIncome

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total5750Total
Program Services5750ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total80610Total
Program Services48366ProgramServices
Management And General32244ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total188808Total
Program Services158351ProgramServices
Management And General30457ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total14227Total
Program Services11072ProgramServices
Management And General3155ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total19637Total
Program Services14863ProgramServices
Management And General4774ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total17977Total
Program Services17977ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total3040Total
Program Services2373ProgramServices
Management And General667ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total11801Total
Program Services9212ProgramServices
Management And General2589ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total86251Total
Program Services67329ProgramServices
Management And General18922ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total2680Total
Program Services750ProgramServices
Management And General1930ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total5240Total
Program Services2593ProgramServices
Management And General2647ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total112480Total
Program Services111600ProgramServices
Management And General880ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total1106Total
Program Services1106ProgramServices

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total2157Total
Program Services150ProgramServices
Management And General2007ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total79543Total
Program Services78006ProgramServices
Management And General1537ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total37203Total
Program Services37203ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total8893Total
Program Services5859ProgramServices
Management And General3034ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
FOOD AND SUPPLIES - JH3347733477
FOOD AND SUPPLIES - ADMIN54615461
MISCELLANEOUS - ADMIN38093809
MISCELLANEOUS - OTHER36093609

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total3978Total
Program Services3978ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total727737Total
Program Services613624ProgramServices
Management And General114113ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY416708BOY
EOY86272EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY157873BOY
EOY198940EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY19332BOY
EOY9786EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY435203BOY
EOY423439EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY12463BOY
EOY5348EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2071275LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec576097LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY2311865BOY
EOY1495178EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
EOY229294EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY1519430BOY
EOY1422403EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY4872874BOY
EOY3870660EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY100932BOY
EOY57575EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY2802BOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY3482768BOY
EOY2324772EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY55057BOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY21283BOY
EOY5430EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY3662842BOY
EOY2387777EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY618373BOY
EOY921104EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY461617BOY
EOY431737EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY130042BOY
EOY130042EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1210032BOY
EOY1482883EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY4872874BOY
EOY3870660EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses116191ReconcilationRevenueExpenses
Reconcilation Other Changes156660ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years562466CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years242198CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years235996CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year117321CurrentTaxYearMinus1Year
Current Tax Year162087CurrentTaxYear
Total1320068Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years562466CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years242198CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years235996CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year117321CurrentTaxYearMinus1Year
Current Tax Year162087CurrentTaxYear
Total1320068Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total31891AmountsSubstContributorsTotal
Public Support Total1701288177PublicSupportTotal170

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year32967CurrentTaxYearMinus1Year
Current Tax Year1832CurrentTaxYear
Total34799Total
FieldValueIRS element (for citing)
Total Support1354867TotalSupport
Gross Receipts From Admissions Etc2823004GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.95080PublicSupportPertcentage170
Public Support Pertcent Prior Year0.95760PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Orgs Legal ControlfalseDisclosedOrgsLegalControl
Disclosed For Charitable PurposesfalseDisclosedForCharitablePurposes
Written Policy MonitoringfalseWrittenPolicyMonitoring
Sect170h Requirements SatisfiedfalseSect170hRequirementsSatisfied
Solicited Assets For SalefalseSolicitedAssetsForSale
Agent Trustee EtcfalseAgentTrusteeEtc
Included On FSfalseIncludedOnFS
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis568251OtherCostOrOtherBasis
Book Value568251BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1158782OtherCostOrOtherBasis
Depreciation538071Depreciation
Book Value620711BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis141783OtherCostOrOtherBasis
Depreciation38026Depreciation
Book Value103757BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis202459OtherCostOrOtherBasis
Book Value202459BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1495178TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
DescriptionINVESTMENT IN SSRCDescription
Book Value229294BookValue
Method Of ValuationCMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Program Related229294TotalOfBookValueProgramRelated

Other Assets OtherAssets (3 entries)

DescriptionDescriptionBook ValueBookValue
CAPITAL LEASE RECEIVABLE1402835
ACCRUED INTEREST RECEIVABLE11089
EQUITY IN OTHER PROPERTIES8479
FieldValueIRS element (for citing)
Total Book Value Other Assets1422403TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionSECURITY DEPOSITS PAYABLEDescription
Amount$5,430Amount
FieldValueIRS element (for citing)
Total Of Amounts5430TotalOfAmounts
Total Revenue843928TotalRevenue
Total Expenses727737TotalExpenses
Excess Or Deficit For Year116191ExcessOrDeficitForYear
Excess Or Deficit Per FS116191ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt855076TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities11148DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F99011148RevenueNotRptdF990
Revenue Subtotal843928RevenueSubtotal
Total Revenue Per Form990843928TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt738885TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities11148DonatedServicesUseOfFacilities
Expenses Not Rptd F99011148ExpensesNotRptdF990
Expenses Subtotal727737ExpensesSubtotal
Total Expenses Per Form990727737TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierLIABILITY UNDER FIN 48 FOOTNOTEIdentifier
Return ReferenceSCHEDULE D, PAGE 3, PART XReturnReference
ExplanationTHE 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.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantIRENE FLOOD ASSISTANCETypeOfGrant
Number Of Recipients8NumberOfRecipients
Amount Of Cash Grant5750AmountOfCashGrant

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
DescriptionINSULATIONDescription
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F99029753NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGifts
Third Parties UsedfalseThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ADDITIONAL INFORMATIONFORM 990RACDC RECORDED AN INCREASE IN NET ASSETS OF 229,083 DUE TO A PRIOR PERIOD ADJUSTMENT. THE ADJUSTMENT REFLECTS AN INVESTMENT IN SALISBURY SQUARE RENTAL CORPORATION FOR CONTRIBUTED CAPITAL. RACDC RECORDED A DECREASE IN NET ASSETS OF 72,043 DUE TO THE OMMISSION OF A PREVIOSLY INCLUDED DISREGARDED ENTITY (RANDOLPH HOUSE HOLDINGS, INC.). THE ENTITY IS NO LONGER CONSIDERED DISREGARDED, AND THEREFORE CANNOT BE INCLUDED IN THE RACDC'S 2011 FORM 990.
ALL OTHER ACCOMPLISHMENT DESCRIPTIONFORM 990, PAGE 2, PART III, LINE 4D28 NORTH MAIN IS A REDEVELOPMENT OF A FORMER SCHOOL SITE INTO A COMMERCIAL BUILDING TO MOVE A LARGE RANDOLPH EMPLOYER TO A DOWNTOWN LOCATION. REVOLVING LOAN FUND PROVIDES LOANS TO RESIDENTIAL CUSTOMERS AND BUSINESS LOANS TO AREA SMALL BUSINESSES. THE RANDOLPH HOUSE IS A LOW-INCOME HOUSING UNIT, AND IS RESTRICED TO SUCH BY AFFORDABILITY CONVENANTS. THE RANDOLPH HOUSE IS LOCATED ON MAIN STREET IN RANDOLPH, VERMONT.
ELECTION OF MEMBERS AND THEIR RIGHTSFORM 990, PAGE 6, PART VI, LINE 7AMEMBERS OF RACDC ELECT THE BOARD OF DIRECTORS.
DECISIONS SUBJECT TO APPROVAL OF MEMBERSFORM 990, PAGE 6, PART VI, LINE 7BMEMBERS OF RACDC APPROVE CHANGES TO THE GOVERNING DOCUMENTS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11BCOPY DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS.
ENFORCEMENT OF CONFLICTS POLICYFORM 990, PAGE 6, PART VI, LINE 12CBOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY.
COMPENSATION PROCESS FOR TOP OFFICIALFORM 990, PAGE 6, PART VI, LINE 15ABOARD OF DIRECTORS APPROVES ANNUAL COMPENSATION FOR EXECUTIVE DIRECTOR.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrg
RED LION INC
9 PLEASANT STREETRANDOLPHVT05060030366322HOUSINGVT5019N/Afalse
RANDOLPH HOUSE HOLDINGS INC
PO BOX 409RANDOLPHVT05060273846986HOUSINGVT5019N/Afalse

Form990 Schedule R Part III Form990ScheduleRPartIII (8 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateDirect Controlling Entity NADirectControllingEntityNAPredominant Income TypePredominantIncomeTypeShare Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssetsDisproportionate AllocationsDisproportionateAllocationsGeneral Or Managing PartnerGeneralOrManagingPartnerPercentage OwnershipPercentageOwnership
HEDDING DRIVE LIMITED PARTNERSHIP
123 ST PAUL STREETBURLINGTONVT05401030354590HOUSINGVTN/ARELATED81724falsetrue0.00330
BRANCHWOOD HOUSING LTD PARTNERSHIP
123 ST PAUL STREETBURLINGTONVT05401200229635HOUSINGVTN/ARELATED-289600falsetrue0.00500
SALISBURY SQUARE HLP
123 ST PAUL STREETBURLINGTONVT05401273939662HOUSINGVTN/ARELATED-2229294falsetrue0.00010
RANDOLPH HOUSING LIMITED PARTNERSHI
123 ST PAUL STREETBURLINGTONVT05401030334462HOUSINGVTN/ARELATEDfalsetrue
HEDDING DRIVE LIMITED PARTNERSHIP
123 ST PAUL STREETBURLINGTONVT05401030354590HOUSINGVTN/ARELATED81724falsetrue0.00330
BRANCHWOOD HOUSING LTD PARTNERSHIP
123 ST PAUL STREETBURLINGTONVT05401200229635HOUSINGVTN/ARELATED-289600falsetrue0.00500
SALISBURY SQUARE HLP
123 ST PAUL STREETBURLINGTONVT05401273939662HOUSINGVTN/ARELATED-2229294falsetrue0.00010
RANDOLPH HOUSING LIMITED PARTNERSHI
123 ST PAUL STREETBURLINGTONVT05401030334462HOUSINGVTN/ARELATEDfalsetrue

Form990 Schedule R Part IV Form990ScheduleRPartIV (10 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateDirect Controlling Entity NADirectControllingEntityNAType Of EntityTypeOfEntity
SALISBURY SQUARE OWNERSHIP LLC
123 ST PAUL STREETBURLINGTONVT05401273940279HOUSINGVTN/AC CORP
SALISBURY SQUARE RENTAL CORPORATION
PO BOX 409RANDOLPHVT05060273939825HOUSINGVTN/AC CORP
SALISBURY SQUARE PLANNED COMMUNITY
PO BOX 409RANDOLPHVT05060273940098HOUSINGVTN/AC CORP
SALISBURY SQUARE HOMEOWNER'S ASSOCI
PO BOX 409RANDOLPHVT05060273940697HOUSINGVTN/AC CORP
SALISBURY SQUARE HOMEOWNER'S ASSOCI
PO BOX 409RANDOLPHVT05060273940568HOUSINGVTN/AC CORP
SALISBURY SQUARE OWNERSHIP LLC
123 ST PAUL STREETBURLINGTONVT05401273940279HOUSINGVTN/AC CORP
SALISBURY SQUARE RENTAL CORPORATION
PO BOX 409RANDOLPHVT05060273939825HOUSINGVTN/AC CORP
SALISBURY SQUARE PLANNED COMMUNITY
PO BOX 409RANDOLPHVT05060273940098HOUSINGVTN/AC CORP
SALISBURY SQUARE HOMEOWNER'S ASSOCI
PO BOX 409RANDOLPHVT05060273940697HOUSINGVTN/AC CORP
SALISBURY SQUARE HOMEOWNER'S ASSOCI
PO BOX 409RANDOLPHVT05060273940568HOUSINGVTN/AC CORP
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeestrueSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1RANDOLPH HOUSE HOLDINGS INCBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeNTransactionType
Amount Involved5038AmountInvolved
Method Of Amt DeterminationFMVMethodOfAmtDetermination