EIN 03-0337709

Randolph Area Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
21
City
Randolph
State
Year formed
1993
Most recent tax filings
2023-06-01
Description
Randolph Area Community Development Corporation unites the community behind initiatives that strengthen social and economic assets for quality of life.
Total revenues
$1,057,558
2023
Total expenses
$1,060,863
2023
Total assets
$7,135,312
2023
Num. employees
21
2023

Program areas at Randolph Area Community Development Corporation

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) people in fiscal year 2023.
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) people in fiscal year 2023.
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) people in fiscal year 2023.
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 fiscal year 2023. 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.

Who funds Randolph Area Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vermont Low Income Trust for ElectricityComprehensive Energy$150,000
Vermont Natural Resources Council (VNRC)Community Education and Outreach Supporting Sustainable, Smart Growth-Oriented Affordable Housing.$5,000
AmazonSmile FoundationGeneral Support$5

Personnel at Randolph Area Community Development Corporation

NameTitleCompensation
Julie IfflandExecutive Director$89,535
Laura di PiazzaHousing Director
Tom AyresSecretary$0
Robert WrightTreasurer$0
Peter ReedVice President and Treasur / Treasurer$0
...and 2 more key personnel

Financials for Randolph Area Community Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$162,034
Program services$869,354
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$26,170
Total revenues$1,057,558

Form 990s for Randolph Area Community Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-12990View PDF
2021-062022-03-09990View PDF
2021-062022-02-02990View PDF
2020-062021-05-26990View PDF
...and 10 more Form 990s
Data update history
July 15, 2024
Received grants
Identified 1 new grant, including a grant for $150,000 from Vermont Low Income Trust for Electricity
January 30, 2024
Updated personnel
Identified 2 new personnel
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 5 new personnel
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from Vermont Natural Resources Council (VNRC)
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 409
Randolph, VT 05060
County
Orange County, VT
Website URL
racdc.com/ 
Phone
(802) 728-4305
IRS details
EIN
03-0337709
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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