Woodstock Community Trust Inc
- Assets
- $433.6k
- Revenue
- $359.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Woodstock, VT
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 03-0357761
Organization Overview
Woodstock Community Trust Inc is located in Woodstock, VT. The organization was established in 1998. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodstock Community Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Woodstock Community Trust Inc generated $359.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 61.6% each year . All expenses for the organization totaled $502.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WOODSTOCK COMMUNITY TRUST PROVIDES COMMUNITY-CENTERED SOLUTIONS FOR HOUSING, COMMERCIAL SPACES, AND PRESERVATION OF AGRICULTURAL LAND AND NATURAL AREAS WHILE WORKING TOWARD A SUSTAINABLE ECONOMIC AND ENVIROMENTAL FUTURE FOR WOODSTOCK AND IT'S CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASE PROPERTY FOR THE PURPOSE OF INCREASING THE AFFORDABLE HOUSING STOCK IN THE LOCAL COMMUNITY. RENOVATION OF A TWO FAMILY HOME FOR THE PURPOSE OF PROVIDING ADDITIONAL AFFORDABLE RENTAL HOUSING IN THE COMMUNITY. THE PROPERTY WAS RENTED FOR A PORTION OF THE YEAR WHILE THE RENOVATION WORK WAS ONGOING.
ADMINISTERED THE WOODSTOCK AREA RELIEF FUND THAT WAS CREATED TO PROVIDE EMERGENCY RELIEF FUNDS TO INDIVIDUALS AND FAMILIES UNABLE TO MEET BASIC LIVING NEEDS DUE TO THE ECONOMIC DISRUPTION CAUSED BY THE COVID-19 PANDEMIC
DEVELOPMENT OF COMMUNITY PARK IN AREA OF TOWN THAT WAS FORMERLY A SNOW DUMP
EQUAL CARE FUND
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana Dinatale Secretary | OfficerTrustee | 2 | $0 |
Jill Davies President | OfficerTrustee | 5 | $0 |
Maggie Fink Treasurer | OfficerTrustee | 2 | $0 |
Geraldine Fowler Board Member | Trustee | 1 | $0 |
Greg Olmstead Board Member | Trustee | 1 | $0 |
Nancy Winter Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $387,947 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $387,947 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,225 |
| Net Gain/Loss on Asset Sales | -$27,583 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $359,139 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $362,840 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,077 |
| Fees for services: Legal | $17,940 |
| Fees for services: Accounting | $6,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,650 |
| Advertising and promotion | $7,309 |
| Office expenses | $335 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,397 |
| All other expenses | $5,927 |
| Total functional expenses | $502,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,775 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $193,839 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $433,614 |
| Accounts payable and accrued expenses | $7,913 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,913 |
| Net assets without donor restrictions | -$11,663 |
| Net assets with donor restrictions | $437,364 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $433,614 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Woodstock Community Trust Inc has recieved totaling $79,500.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: WARF CAPACITY BUILDING | $25,000 |
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $22,500 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: NATURAL RESOURCE CONSERVATION/ PROTECTION | $10,000 |
Sunshine Lady Humanitarian Grants Program Inc Boston, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Hamill Family Foundation Chicago, IL PURPOSE: UNRESTRICTED | $10,000 |
Organization Name not Listed PURPOSE: FOOD FUEL ASSISTANCE | | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |