RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION

As filed

Subsection

03

NTEE code

S31Z

Classification

1000

Street

PO BOX 409

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• 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. JOSLYN HOUSE PROVIDED AFFORDABLE HOUSING FOR APPROXIMATELY TWENTY-SIX (26).

  Expenses $359,312 · Revenue $395,848

• ARMSTRONG MOBILE HOME PARK CONSISTS OF 16 MOBILE HOME LOTS AND A HOUSE THAT INCLUDES ONE 2-BEDROOM AND ONE 1-BEDROOM UNIT, FOR LEASE TO A MIX OF PRIMARILY LOW AND MODERATE INCOME FAMILIES, AND IS RESTRICTED TO SUCH USE BY AFFORDABILITY COVENANTS. ARMSTRONG MOBILE HOME PARK PROVIDED AFFORDABLE HOUSING FOR APPROXIMATELY TWENTY-ONE (21).

  Expenses $123,274 · Revenue $92,176

• 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. JACOBS MOBILE HOME PARK PROVIDED AFFORDABLE HOUSING FOR APPROXIMATELY TWENTY-FIVE (25).

  Expenses $44,593 · Revenue $83,163

• RACDC ADMINISTERS SEVERAL ADDITIONAL PROGRAMS. THE REVOLVING LOAN FUND SERVED ROUGHLY EIGHT RESIDENTIAL AND SEVEN BUSINESS LOANS IN THE AREA. THE SUPPORT AND SERVICES AT HOME (SASH) PROGRAM SERVED APPROXIMATELY 80 FULL PARTICIPANTS AND OVER 100 PARTICIPANTS OF ITS PUBLICLY AVAILABLE ACTIVITIES AND EVENTS. IN ADDITION, THE DOWNTOWN DESIGNATION SERVED THE ENTIRE REGION BY SUPPORTING BUSINESSES AS WELL AS SUPPORTING INFRASTRUCTURE IMPROVEMENTS FOR THE TOWN OF RANDOLPH, VERMONT. RACDC REINSTATED EVENTS IN 2021 WITH THE CORNHOLD FESTIVAL IN AUGUST 2021, SAFE AND SEEN HALLOWEEN IN OCTOBER 2021, AND FIRST FRIDAYS FROM MAY THROUGH OCTOBER 2022. RACDC CONTINUED ITS MUTUAL AID NETWORK KNOWN AS RAMAN (RANDOLPH AREA MUTUAL AID NETWORK), WHICH INCLUDES FOUR TOWNS AND ABOUT A DOZEN LOCAL ORGANIZATIONS. THROUGH RAMAN, RACDC ALSO STARTED A COMMUNITY FUND WHICH RACDC HOSTS TO ADDRESS COMMUNITY NEEDS DUE TO COVID-19, BUT ALSO WITH THE INTENTION OF CONTINUING RAMAN AND THE COMMUNITY FUND TO ADDRESS ESSENTIAL NEEDS OF COMMUNITY MEMBERS IN CRISIS GOING FORWARD. THE COMMERCIAL BUILDING AT 28 NORTH MAIN STREET IS A REDEVELOPMENT OF A FORMER SCHOOL SITE INTO A COMMERCIAL BUILDING TO MOVE A LARGE RANDOLPH EMPLOYER TO A DOWNTOWN LOCATION.

  Expenses $566,160 · Grants $3,039 · Revenue $263,436

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

• JULIE IFFLAND

  EXECUTIVE DI

  Total calculated

  $106,000

  From this org

  $100,000

  From related orgs

  $0

  Other

  $6,000

  Hours/week

  40

• PETER REED

  PRESIDENT

  Total calculated

  $0

  Hours/week

  2

• DANIEL DEVOE

  VICE PRESIDE

  Total calculated

  $0

  Hours/week

  2

• ROBERT WRIGHT

  TREASURER

  Total calculated

  $0

  Hours/week

  2

• MATHEW JOHNSON

  SECRETARY

  Total calculated

  $0

  Hours/week

  2

• SAM HOOPER

  DIRECTOR

  Total calculated

  $0

  Hours/week

  2

• CHRISTINE MALONEY

  DIRECTOR

  Total calculated

  $0

  Hours/week

  2

• ROBERT SPARADEO

  DIRECTOR

  Total calculated

  $0

  Hours/week

  2

• EILEEN LONDON

  DIRECTOR

  Total calculated

  $0

  Hours/week

  2

• JOSH HANFORD

  DIRECTOR

  Total calculated

  $0

  Hours/week

  2

• TOM AYRES LEFT JANUARY 2024

  DIRECTOR

  Total calculated

  $0

  Hours/week

  2

• DAN BENNETT LEFT OCTOBER 2024

  DIRECTOR

  Total calculated

  $0

  Hours/week

  2

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,347,588

  Expenses

  $1,248,836

  Contributions

  $436,301

  Grants paid

  $3,039

• 2023

  Revenue

  $1,336,191

  Expenses

  $622,171

  Contributions

  $766,735

  Grants paid

  $749

• 2022

  Revenue

  $1,057,558

  Expenses

  $1,060,863

  Contributions

  $162,034

  Grants paid

  $612

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $3,750,856

  Expenses

  $1,007,506

  Assets (EOY)

  $7,323,571

• 2020 · 990

  Revenue

  $1,051,354

  Expenses

  $868,906

  Assets (EOY)

  $5,201,775

• 2019 · 990

  Revenue

  $736,283

  Expenses

  $743,454

  Assets (EOY)

  $5,158,383

• 2018 · 990

  Revenue

  $1,330,794

  Expenses

  $730,749

  Assets (EOY)

  $5,120,818

• 2017 · 990

  Revenue

  $1,495,179

  Expenses

  $778,808

  Assets (EOY)

  $4,219,058

• 2016 · 990

  Revenue

  $1,201,392

  Expenses

  $664,302

  Assets (EOY)

  $3,642,192

• 2015 · 990

  Revenue

  $834,442

  Expenses

  $670,597

  Assets (EOY)

  $3,237,170

• 2014 · 990

  Revenue

  $590,027

  Expenses

  $656,726

  Assets (EOY)

  $3,374,501

• 2013 · 990

  Revenue

  $671,502

  Expenses

  $640,067

  Assets (EOY)

  $3,467,156

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $696,479

  Assets (EOY)

  $3,837,033

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• VERMONT LOW INCOME TRUST FOR ELECTRICITY INC

  $150,000

  2023 · Comprehensive Energy

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files