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Randolph Area Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030337709 ✦ Randolph, VT ✦ Designated as a 501(c)(3)

Overview

What is Randolph Area Community Development Corporation?

The Randolph Area Community Development Corporation (RACDC) is a nonprofit organization based in Randolph, Vermont. Its primary mission is to enhance the community's social and economic assets, thereby enriching the quality of life, instilling pride, and fostering confidence. RACDC achieves this by promoting sustainable development practices and investment, creating affordable housing options, preserving environmental and historic resources, and leading in the revitalization of downtown and village centers. In 2022, RACDC provided affordable housing for approximately 22 individuals through Joslyn House, a shared housing facility with supportive services.


Official website here: www.racdc.com

Is Randolph Area Community Development Corporation legitimate?

Randolph Area Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randolph Area Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $88,247
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,355

For more financial information, click here


Official website here: www.racdc.com

What is the mission statement of Randolph Area Community Development Corporation?

The Randolph Area Community Development Corporation, a nonprofit organization, works towards unifying the community to enhance its social and economic assets. Their mission is to enrich quality of life, instill a sense of pride, and build confidence. They achieve this by advocating for sound development practices and investment, offering affordable housing options, preserving environmental and historic resources, and leading revitalization efforts in downtown and village centers. By doing so, they promote community development and foster a sense of belonging among its residents.


Official website here: www.racdc.com

Who is the CEO of Randolph Area Community Development Corporation?

Julie Iffland is the Executive Di of Randolph Area Community Development Corporation.


Official website here: www.racdc.com

What is the revenue of Randolph Area Community Development Corporation?

Randolph Area Community Development Corporation's revenue in 2022 was $3,750,856.


Official website here: www.racdc.com

Who are the executives of Randolph Area Community Development Corporation and what are their salaries?

The average compensation at Randolph Area Community Development Corporation during 2022 was $17,300. There are 22 employees and 40 volunteers at Randolph Area Community Development Corporation.

Here are 13 key members and their salaries:

    Julie Iffland (Executive Di)
  • Compensation: $83,066
  • Related: $0
  • Other: $0

    • Peter Reed (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Devoe (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Wright (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Ayres (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Hooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Moyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Sparadeo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Stafford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.racdc.com

    Where can I find the form 990 for Randolph Area Community Development Corporation?

    The Randolph Area Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.racdc.com

    Learn more at the official website: www.racdc.com

    Mission Statement of Randolph Area Community Development Corporation

    Randolph Area Community Development Corporation, as a nonprofit organization, unites the community behind initiatives that aim to strengthen the region's social and economic assets. Their mission is multifaceted, with the primary goal of enriching the quality of life, instilling pride, and building confidence within the community. They achieve this by promoting sound development practices and investment, creating affordable housing options, preserving environmental and historic resources, and leading the revitalization of downtown and village centers. By doing so, Randolph Area Community Development Corporation contributes to the overall well-being and growth of the community, fostering a sense of pride and confidence among its residents.

    Impact

    This information is meant to be a general summary of Randolph Area Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Randolph Area Community Development Corporation unites the community behind initiatives that strengthen our region's social and economic assets. By promoting sound development practices, creating affordable housing options, preserving environmental and historic resources, and leading in the revitalization of downtown and village centers, RACDC enriches the quality of life, instills pride, and builds confidence among residents. For example, Joslyn House, a shared housing facility with supportive services primarily for low and moderate-income individuals, provided affordable housing for approximately twenty-two people in fiscal year 2022. This impact directly improves the living conditions and opportunities for individuals in Randolph, VT, making a tangible difference in the community's well-being and vitality.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,166,214
  • Program Service Revenue: $1,211,515
  • Gross Receipts: $3,770,307

    • Assets and Liabilities:
  • Total Assets: $7,323,571
  • Total Liabilities: $992,704
  • Net Assets: $6,330,867
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DEVELOPMENT FEES

    Revenue

    $479,136

    RENTAL INCOME

    Revenue

    $361,325

    SERVICES INCOME

    Revenue

    $192,142

    SASH CONTRACT FEES

    Revenue

    $117,740

    INTEREST INCOME

    Revenue

    $41,608

    Organization Details

    Founding Year

    1993

    Principal Officer

    Julie Iffland

    Main Address

    PO BOX 409, RANDOLPH, VT, 05060

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Randolph Area Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.