Overview
What is East Calais Community Trust?
East Calais Community Trust (ECCT) is a nonprofit organization situated in East Calais, Vermont. Their primary goal is to preserve and promote the development of the East Calais village within the town of Calais. In 2022, they successfully acquired the East Calais Store and three low-income apartments through donations and grants. During this period, ECCT also managed to collect income from grants, donations, and rentals while restoring the building. In October 2022, ECCT established a subsidiary, Kingsbury Branch Community Partners, LLC, to serve as the general partner in a for-profit entity, 4520 Historic Enterprise Limited Partnership. This entity aims to apply for historic property status, complete restoration, and operate the property.
Official website here: www.eastcalaiscommunitytrust.org
Is East Calais Community Trust legitimate?
East Calais Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Calais Community Trust 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:
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For more financial information, click here
Official website here: www.eastcalaiscommunitytrust.org
What is the mission statement of East Calais Community Trust?
The East Calais Community Trust (ECCT) is dedicated to preserving and promoting the community development of a specific village. Through their efforts, they aim to enhance the well-being and livability of this area. In the past, they have acquired properties such as the East Calais Store and several apartments, primarily through donations and grants. In 2022, their focus has been on collecting income from grants, donations, and rentals while restoring the acquired buildings. Furthermore, in October of 2022, ECCT established a subsidiary, Kingsbury Branch Community Partners, LLC, to collaborate as a general partner in a for-profit entity, 4520 Historic Enterprise Limited Partnership. This partnership intends to apply for historic property status, complete the restoration, and operate the property for continued community development.
Official website here: www.eastcalaiscommunitytrust.org
Who is the CEO of East Calais Community Trust?
Marc Mihaly is the Secretary of East Calais Community Trust.
Official website here: www.eastcalaiscommunitytrust.org
What is the revenue of East Calais Community Trust?
East Calais Community Trust's revenue in 2022 was $102,766.
Official website here: www.eastcalaiscommunitytrust.org
Who are the executives of East Calais Community Trust and what are their salaries?
There 12 volunteers at East Calais Community Trust.
Here are 5 key members and their salaries:
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Official website here: www.eastcalaiscommunitytrust.org
Where can I find the form 990 for East Calais Community Trust?
East Calais Community Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eastcalaiscommunitytrust.org
Learn more at the official website: www.eastcalaiscommunitytrust.org
Mission Statement of East Calais Community Trust
The East Calais Community Trust, a nonprofit organization, is committed to promoting the preservation and community development of a specific village, East Calais. Their mission is centered around safeguarding and enhancing the well-being of this village, working tirelessly to ensure its continued growth and development. The trust has demonstrated this commitment by purchasing the East Calais Store and three low-income apartments using donations and grants. In 2022, the trust continued its efforts by collecting grant, donation, and rental income while restoring the building. In an exciting development, the trust established a wholly-owned subsidiary, Kingsbury Branch Community Partners, LLC, to act as a general partner in a for-profit entity, 4520 Historic Enterprise Limited Partnership. This new venture will apply for historic property status, complete the restoration, and operate the property, furthering the trust's mission of preservation and community development.
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Impact
October, 2024
East Calais Community Trust has significantly enhanced the quality of life in the East Calais Village through its dedicated efforts in community development and preservation. By acquiring the East Calais Store and three low- to moderate-income apartments, the Trust has taken a vital step in revitalizing the area, ensuring access to essential resources and housing for residents.
In 2022, it not only secured funding through grants and donations but also continued its restoration efforts for the building, which serves as a cornerstone for community engagement and local economy. The formation of Kingsbury Branch Community Partners, LLC, to support the for-profit entity 4520 Historic Enterprise Limited Partnership, reflects a strategic approach to secure historic property status, enabling further investment in the community’s heritage.
Through its initiatives, East Calais Community Trust fosters a sense of place and belonging, promotes community improvement, and helps ensure that East Calais remains a vibrant and sustainable village for current and future residents.
This information is meant to be a general summary of East Calais Community Trust. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $17,845
- Gross Receipts: $102,766
Assets and Liabilities:
- Total Assets: $103,970
- Total Liabilities: $283
- Net Assets: $103,687
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Organization Details
Phone
(802) 232-1028Principal Officer
Marc Mihaly
Main Address
PO BOX 14, EAST CALAIS, VT, 05650
NTEE Category
Code: S20 - Community improvement
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