Vermont · Nonprofit
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION (Vermont) receives grants from 9 organizations whose IRS filings report $283,886 to it, the largest being VERMONT LOW INCOME TRUST FOR ELECTRICITY INC ($225,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $1.3M
- Funders on record
- 9
- Grants received
- $284k
- Net assets
- $7.1M
What Randolph Area Community Development Corporation does
Mission
Randolph Area Community Development Corporation (racdc) is a nonprofit organization that 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. We do this by promoting sound development practices and investment, creating affordable housing options, preserving environmental and historic resources, and leading in the revitalization of downtown and village centers.
As stated on its FY2024 Form 990.
Programs
Joslyn house is a shared housing facility with supportive services primarily for low and moderate income individuals, and is restricted to such by affordability covenants. Joslyn house provided affordable housing for approximately twenty-six (26).
$359,312 spent$395,848 earned by the program33% of program spendingArmstrong mobile home park consists of 16 mobile home lots and a house that includes one 2-bedroom and one 1-bedroom unit, for lease to a mix of primarily low and moderate income families, and is restricted to such use by affordability covenants. Armstrong mobile home park provided affordable housing for approximately twenty-one (21).
$123,274 spent$92,176 earned by the program11% of program spendingJacobs mobile home park consists of 19 mobile home lots for lease to a mix of primarily low and moderate income families, and is restricted to such use by affordability covenants. Jacobs mobile home park provided affordable housing for approximately twenty-five (25).
$44,593 spent$83,163 earned by the program4% of program spendingRacdc administers several additional programs. The revolving loan fund served roughly eight residential and seven business loans in the area. The support and services at home (sash) program served approximately 80 full participants and over 100 participants of its publicly available activities and events. In addition, the downtown designation served the entire region by supporting businesses as well as supporting infrastructure improvements for the town of randolph, vermont. Racdc reinstated events in 2021 with the cornhold festival in august 2021, safe and seen halloween in october 2021, and first fridays from may through october 2022. Racdc continued its mutual aid network known as raman (randolph area mutual aid network), which includes four towns and about a dozen local organizations. Through raman, racdc also started a community fund which racdc hosts to address community needs due to covid-19, but also with the intention of continuing raman and the community fund to address essential needs of community members in crisis going forward. The commercial building at 28 north main street is a redevelopment of a former school site into a commercial building to move a large randolph…
$566,160 spentof which $3,039 as grants$263,436 earned by the program52% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,093,339.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.2M to $7.3M (+41%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 41% · 2018 10% · 2019 37% · 2020 13% · 2021 17% · 2022 9% · 2023 52% · 2024 19%. Grants only. Government contracts and fees sit inside program revenue.
32% of RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $125 → $150k.
3 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 79% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 100% · 2018 99% · 2019 89% · 2020 95% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 33% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
85% of RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION's grant income comes from Vermont funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $13k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.4M on record — $750k federal, $5.6M state.
- Department of Energy$750k
- Loans$3.8M
- Other Grants$1.1M
- Grants$668k
- Grants to Municipalities$97k
- Sponsorships$1k
- Other Direct Grant Expense$200
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Vermont
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 11 related entities
- Racdc Housing LLC · disregarded
- Red Lion Inc · exempt
- Hedding Drive Limited Partnership · partnership
- Branchwood Housing Ltd Partnership · partnership
- Salisbury Square Hlp · partnership
Screen this organization
A dated, signed PDF of the compliance screen for RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION?
- RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION (Vermont) receives grants from 9 organizations whose IRS filings report $283,886 to it, the largest being VERMONT LOW INCOME TRUST FOR ELECTRICITY INC ($225,000). 3 of them have funded it in more than one year.
- How many funders does RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 9 organizations giving $283,886 in grants to RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
- Who is the largest funder of RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION?
- VERMONT LOW INCOME TRUST FOR ELECTRICITY INC is the largest funder on record, with $225,000 in grants. The full list of funders is on this page.
- How can an organization like RANDOLPH AREA COMMUNITY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Randolph Area Community Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing