Overview

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Est.

1993

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Randolph Area Community Development Corporation (EIN: 03-0337709) is dedicated to urban and economic development initiatives that enhance the social and economic assets of the region, ultimately enriching quality of life and fostering community pride and confidence. With an operating budget of $621.4K and total revenue of $1.3M for the 2024 filing year, the organization benefits from diverse funding sources and does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.racdc.com.

Mission Statement

RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION UNITES THE COMMUNITY BEHIND INITIATIVES WHICH STRENGTHEN OUR REGION'S SOCIAL AND ECONOMIC ASSETS IN ORDER TO ENRICH QUALITY OF LIFE, INSTILL PRIDE AND BUILD CONFIDENCE.
Revenues
$1.3M
Expenses
$622.2K
Net Income:
+$714K
Assets
$8.4M
Liabilities
$1.4M
Net Assets:
+$7M
Operating Budget
$621.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$37K
Largest grant received
$37K
J
Julie Iffland
Board Member
T
Tom Ayres
Board Member
D
Dan Bennett
Board Member

Frequently Asked Questions

What is RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION’s budget?
In 2024, RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION reported an annual operating budget of around $621 thousand. More detailed financial information is available to registered users.
What causes does RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION support?
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION supports work in Economic development and Urban development.
Where does RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION operate?
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION is headquartered in Randolph, VT.
Who funded RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION recently?
In 2024, RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION received grants from THOMAS & CAROLYN LANGFITT FAMILY FOUNDATION, VERMONT LOW INCOME TRUST FOR ELECTRICITY INC, and VERMONT NATURAL RESOURCES COUNCIL INC. More information on this organization’s funders is available to registered users.
What is the largest grant RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION received in 2024?
The largest grant to RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION in 2024 exceeds $37 thousand.
What is RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION’s reliance on government grants?
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION relied on government grants for more than 50% of their total revenue in 2024.