ARDENCROFT ASSOCIATION
2145 VEALE ROAD, WILMINGTON, DE 19810

Total Revenue
$342,550
Total Expenses
$312,965
Net Assets
$80,553

Organizations Filed Purposes: VILLAGE OF ARDENCROFT, POPULATION APPROXIMATELY 275.ARDENCROFT ASSOCIATION, INC., WAS ESTABLISHED IN 1950. IT IS A NONPROFIT CORPORATION, MANAGED BY THREE DIRECTORS, AND HOLDS THE LAND FOR THE THE NEWEST OF 17 ENCLAVES OF ECONOMIC RENT, THE EARLIEST OF WHICH WAS FOUNDED IN 1894. ARDENCROFT'S REVENUE STRUCTURE IS BASED ON THE SINGLE TAX PHILOSOPHY OF HENRY GEORGE (1839-1897): HOMEOWNERS OWN THEIR HOMES, AND PAY LAND RENT TO THE COMMUNITY, FROM WHICH SCHOOL AND COUNTY TAXES ON LAND AND BUILDINGS, AS WELL AS TRASH AND RECYCLING COSTS, ARE PAID BY THE ASSOCIATION. LEASES ARE FOR 99 YEARS AND ARE TRANSFERABLE AND RENEWABLE. PARKS, STREETS AND THE FOOTPATHS WHICH CRISS-CROSS THE VILLAGE, AND OTHER PUBLIC WORKS, ARE MAINTAINED BY THE VILLAGE OF ARDENCROFT, ALSO FOUNDED IN 1950.

PAYMENT OF COUNTY PROPERTY TAXES AND SCHOOL TAXES FOR THE PROPERTY OWNERS AND RESIDENTS OF THE VILLAGE OF ARDENCROFT. POPULATION - APPROXIMATELY 275 PEOPLE

PAYMENT OF YEARLY TRASH COLLECTION FEES FOR THE PROPERTY OWNERS OF THEVILLAGE OF ARDENCROFT

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Wyn AchenbaumDIRECTOR3$0
Patrick TomanDIRECTOR3$0
James SchwaberDIRECTOR3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202111339349302011_public.xml