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Albany Community Trust Inc

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

EIN: 824708126 ✦ Albany, VT ✦ Designated as a 501(c)(3)

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Overview

What is Albany Community Trust Inc?

Albany Community Trust Inc is a nonprofit organization situated in Albany, Vermont. Their primary focus is on supporting the growth and vitality of the local community. They accomplished this through the renovation of the Albany General Store in 2021, which now serves as their primary project. Currently, their efforts are geared towards maintaining the property and making necessary upgrades. The organization is committed to enhancing the overall well-being of the town of Albany, VT, and strives to contribute positively to its development.


Official website here: www.albanycommunitytrust.org

Is Albany Community Trust Inc legitimate?

Albany Community Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Community Trust Inc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.albanycommunitytrust.org

What is the mission statement of Albany Community Trust Inc?

Albany Community Trust Inc is committed to fostering positive growth and enhancing vibrancy in its community. Their mission is centered around supporting this development, with a focus on the town they serve. Following the completion of their store renovation project in 2021, their efforts now primarily involve maintaining the property and making necessary upgrades.


Official website here: www.albanycommunitytrust.org

Who is the CEO of Albany Community Trust Inc?

Kristen Fountain is the President of Albany Community Trust Inc.


Official website here: www.albanycommunitytrust.org

What is the revenue of Albany Community Trust Inc?

Albany Community Trust Inc's revenue in 2022 was $26,957.


Official website here: www.albanycommunitytrust.org

Who are the executives of Albany Community Trust Inc and what are their salaries?

There 10 volunteers at Albany Community Trust Inc.


Here are 4 key members and their salaries:


Hannah Pearce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Urie (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Fountain (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Kittredge (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.albanycommunitytrust.org

Where can I find the form 990 for Albany Community Trust Inc?

Albany Community Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.albanycommunitytrust.org

Learn more at the official website: www.albanycommunitytrust.org

Mission Statement of Albany Community Trust Inc

Albany Community Trust Inc, as per its mission statement, is committed to fostering positive growth and enhancing the vibrancy in the town it serves. The organization's primary goal is to contribute to the town's development and improve its overall liveliness. After completing a significant store renovation project in 2021, Albany Community Trust Inc has shifted its focus to maintaining the property and making necessary upgrades. This ongoing commitment to the community demonstrates its dedication to making a lasting impact.

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Impact




August, 2024

Albany Community Trust Inc has made a significant impact in the town of Albany, VT through its dedication to supporting positive growth and increased vibrancy in the community. One notable project is the renovation of the Albany General Store, which was completed in 2021. This initiative has not only revitalized a key community landmark but has also contributed to the overall improvement of the town's infrastructure and appeal. The trust's ongoing efforts to maintain the property and upgrade it as necessary further demonstrate their commitment to enhancing the town's environment. Through these actions, Albany Community Trust Inc is actively fostering a stronger sense of community pride and cohesion, ultimately leading to a more vibrant and sustainable future for Albany, VT.




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


Financials

This financial information is from Propublica.

Revenue
$26,957 (2022)
Expenses
$43,351 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $8,400
  • Gross Receipts: $26,957

Assets and Liabilities:

  • Total Assets: $856,748
  • Total Liabilities: $2,531
  • Net Assets: $854,217

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Programs

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

RENTAL OF BUILDING

Revenue

$8,400

Organization Details

Founding Year

2019

Principal Officer

Kristen Fountain

Main Address

PO BOX 509, ALBANY, VT, 05820

NTEE Category

Code: S30 - Community improvement

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