ADDISON COUNTY COMMUNITY TRUST INC
272 MAIN STREET, VERGENNES, VT 05491 www.addisontrust.org

Total Revenue
$3,395,563
Total Expenses
$2,645,454
Net Assets
$5,116,040

Organizations Filed Purposes: ACCT STRIVES TO ENRICH THE LIVES OF LOW AND MODERATE INCOME PEOPLE OF ADDISON COUNTY BY DEVELOPING, MANAGING AND PRESERVING QUALITY, AFFORDABLE HOUSING AND PROVIDING SUPPORTS FOR FAMILIES, SENIORS AND INDIVIDUALS.

PROPERTY OPERATIONS: OPERATION AND/OR STEWARDSHIP OF OVER 600 UNITS OF PERMANENTLY AFFORDABLE HOUSING; THIS INCLUDES: PROPERTY MANAGEMENT FOR 228 MULTIFAMILY TAX CREDIT AND RURAL DEVELOPMENT APARTMENTS; OPERATION OF 340 LOTS IN NINE NONPROFIT ACCT-OWNED PARKS FOR OWNER-OCCUPIED MOBILE HOMES; AND DOWN PAYMENT GRANTS FOR MODERATE-INCOME HOUSEHOLDS WITH SUBSEQUENT STEWARDSHIP OF APPROXIMATELY 78 HOMES IN THE SHARED-EQUITY PROGRAM. APPROXIMATELY 643 HOUSEHOLDS WERE SERVED IN 2019.

REHAB AND DEVELOPMENT: REHAB AND DEVELOPMENT OF NEW AFFORDABLE HOUSING UNITS TO ALLEVIATE THE COUNTY'S LESS-THAN-ONE-PERCENT VACANCY RATE, INCLUDING MULTIFAMILY APARTMENTS AND SINGLE-FAMILY HOMES. IN 2019, CONSTRUCTION BEGAN ON 24 UNITS OF NEW CONSTRUCTION MULTIFAMILY HOUSING IN VERGENNES.

RESIDENT SERVICES - PROVIDING SASH (SUPPORT AND SERVICES AT HOME) SERVICES FOR ACCT SENIOR HOUSING RESIDENTS AND RESIDENTS IN THE SURROUNDING COMMUNITIES. APPROXIMATELY 170 SENIORS WERE SERVED IN 2019.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Elise ShanbackerEXECUTIVE DI40$91,678
Keith Grier Term EndedDIRECTOR2$0
John Tenney Term EndedDIRECTOR2$0
John CoburnDIRECTOR2$0
Bruce HatcherDIRECTOR2$0
Monica Sanchez-WebbDIRECTOR2$0
Chris AndersonDIRECTOR2$0
Ingrid PixleySECRETARY2$0
Robert CoffeyTREASURER2$0
John BarstowVICE PRESIDE2$0
Jon CrystalPRESIDENT2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023219349310382_public.xml