Form 990 for tax year 2024
Filed by ADIRONDACK TR COMPANY COMMUNITY FUND.
Totals
- Total revenue
- $714,921
- Total expenses
- $499,316
- Contributions and grants received
- $418,055
- Grants paid
- $445,450
- Program service revenue
- $0
- Investment income
- $295,741
- Other revenue
- $1,125
- Total assets, end of year
- $7,709,931
- Total liabilities, end of year
- $15,599
- Net assets or fund balances, end of year
- $7,694,332
- Program services expenses (Part IX)
- $445,450
- Management and general expenses
- $53,866
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $445,450
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$62,084
-
1f · All other contributions, gifts and grants
$355,971
-
3 · Investment income
total $228,939 · excluded $228,939
-
7a · Gross sales of assets other than inventory
securities $1,057,149
-
7b · Less cost or other basis and sales expenses
securities $990,347
-
7c · Gain or loss
securities $66,802
-
7d · Net gain or loss
total $66,802 · excluded $66,802
-
8a · Fundraising events: gross income
$1,125
-
8a · Fundraising events: contributions included on line 1c
$62,084
-
8c · Net income from fundraising events
total $1,125 · excluded $1,125
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $445,450 · program services $445,450
-
11c · Fees: accounting
total $12,000 · management and general $12,000
-
11f · Fees: investment management
total $21,910 · management and general $21,910
-
12 · Advertising and promotion
total $2,765 · management and general $2,765
-
13 · Office expenses
total $4,327 · management and general $4,327
-
19 · Conferences, conventions and meetings
total $10,257 · management and general $10,257
-
22 · Depreciation, depletion and amortization
total $215 · management and general $215
-
23 · Insurance
total $2,117 · management and general $2,117
-
24a · Other expenses: FILING FEES
total $275 · management and general $275
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,473,750 · end of year $1,730,015
-
11 · Investments: publicly traded securities
beginning of year $5,247,862 · end of year $5,979,522
-
14 · Intangible assets
beginning of year $609 · end of year $394
-
17 · Accounts payable and accrued expenses
beginning of year $1,385 · end of year $15,599
-
27 · Net assets without donor restrictions
beginning of year $6,720,836 · end of year $7,694,332
Mission and programs · 2024
Mission
THE ADIRONDACK TRUST COMPANY COMMUNITY FUND OFFERS CHARITABLE GIVING PROGRAMS THAT ENCOURAGE INDIVIDUALS AND BUSINESSES IN SARATOGA COUNTY, WARREN COUNTY, WASHINGTON COUNTY AND THE SURROUNDING AREA TO MAKE CHARITABLE GIFTS.
-
THE ADIRONDACK TRUST COMPANY COMMUNITY FUND MANAGES CHARITABLE FUNDS CREATED BY PEOPLE WHO HAVE ENTRUSTED THE ORGANIZATION WITH THEIR FUNDS. TWENTY-NINE OF THESE FUNDS ARE DONOR ADVISED FUNDS, ESTABLISHED AND ADVISED BY INDIVIDUALS.
Expenses $445,450 · Grants $445,450
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Susan BokanSUSAN BOKAN
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 1
-
Steve BoxleySTEVE BOXLEY
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 1
-
Michael BrodtMICHAEL BRODT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Colleen CarlsonCOLLEEN CARLSON
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Vinnie Crocitto IIIVINNIE CROCITTO III
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 1
-
Philip KleinPHILIP KLEIN
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 1
-
Caroline PutmanCAROLINE PUTMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dan RoohanDAN ROOHAN
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 1
-
Brian StraughterBRIAN STRAUGHTER
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 1
-
Joyce UreJOYCE URE
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 1
-
Adirondack Trust CompanyADIRONDACK TRUST COMPANY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$28,400
EDUCATIONAL
-
$25,000
FARM HOUSE RENO
-
$23,500
GENERAL OPERATIONS
-
SARATOGA PERFORMING ARTS CENTER
$22,500
VARIOUS PROGRAMS
-
PITNEY MEADOWS COMMUNITY FARMS
$21,000
GREENHOUSE/ GEN OPS
-
CHURCH OF ST PETER
$15,000
GENERAL OPEARATIONS
-
$14,992
GENERAL OPERATIONS
-
$12,000
GENERAL OPERATIONS
-
$10,000
SCHOLARSHIPS
-
$10,000
GENERAL OPERATIONS
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543219349318899
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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