ELMORE COMMUNITY TRUST INC

ELMORE COMMUNITY TRUST INC

Lake Elmore, VT, US
501(c)3
EIN
85-0623566

ELMORE COMMUNITY TRUST INC

Lake Elmore, VT, US
501(c)3
EIN
85-0623566

Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Elmore Community Trust Inc is a newly formed 501(c)(3) nonprofit organization based in Elmore, dedicated to community and economic development and community improvement. With an operating budget of $49.7K and total revenue of $163.2K for the filing year 2024, the organization aims to enhance the vibrancy of its rural community by caring for local places and attracting positive contributions from businesses and residents. The Trust does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

THE ELMORE COMMUNITY TRUST (ECT) IS A NEWLY FORMED 501(C)3 NON-PROFIT ORGANIZATION COMPRISED OF DEVOTED ELMORE RESIDENTS WITH A GOAL OF CARING FOR PLACES THAT MAKE ELMORE SPECIAL, AND TO BRING IN THE TYPES OF BUSINESSES, ORGANIZATIONS, AND RESIDENTS THAT CONTRIBUTE POSITIVELY TO OUR VIBRANT RURAL COMMUNITY.
Revenues

$163.2K

Expenses

$49.7K

Net Income:
+$113.5K
Assets

$679.9K

Liabilities

$40K

Net Assets:
+$639.9K
Operating Budget

$49.7K

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

2

Median grant size
$50.8K
Largest grant received
$100.1K
B
Blair Marvin
Board Member
J
Jon Osborne
Board Member
T
Trevor Braun
Board Member

Frequently Asked Questions

What is ELMORE COMMUNITY TRUST INC’s budget?
In 2024, ELMORE COMMUNITY TRUST INC reported an annual operating budget of around $50 thousand. More detailed financial information is available to registered users.
What causes does ELMORE COMMUNITY TRUST INC support?
ELMORE COMMUNITY TRUST INC supports work in Community and economic development and Community improvement.
Where does ELMORE COMMUNITY TRUST INC operate?
ELMORE COMMUNITY TRUST INC is headquartered in Lake Elmore, VT.
Who funded ELMORE COMMUNITY TRUST INC recently?
In 2024, ELMORE COMMUNITY TRUST INC received grants from PRESERVATION TRUST OF VERMONT INC, SELECT EQUITY GROUP FOUNDATION, and PRESERVATION TRUST OF VERMONT INC. More information on this organization’s funders is available to registered users.
What is the largest grant ELMORE COMMUNITY TRUST INC received in 2024?
The largest grant to ELMORE COMMUNITY TRUST INC in 2024 exceeds $100 thousand.
Overview
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