2025-11-17T18:43:49-05:00 2024-12-31 030322133 MARCKRES NORDER AND COMPANY INC PO BOX 732 MORRISVILLE VT 05661 990 2024-01-01 850623566 ELMORE COMMUNITY TRUST INC ELMO 8027931924 PO BOX 97 LAKE ELMORE VT 05657 TREVOR BRAUN SECRETARY 8027931924 2025-11-17 true true DEBORAH L VERZILLI CPA P00295703 8028887781 2025-11-17 2024 2025-03-06 01:10:19Z TREVOR BRAUN PO BOX 97 LAKE ELMORE VT 05657 176559 false X WWW.ELMORECOMMUNITYTRUST.ORG/ X 2020 VT 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. 9 9 0 34 0 164826 110850 10250 10250 -16649 46731 2842 -4656 161269 163175 0 0 0 0 11 40897 49723 40897 49723 120372 113452 586431 679883 60000 40000 526431 639883 X THE ELMORE COMMUNITY TRUST IS 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. false false 45795 10250 ELMORE STORE PROJECT - THE STORE IS THE HEART OF THE COMMUNITY - IT IS THE POST OFFICE, A GATHERING PLACE, LOCAL NEWS HUB, AND A PLACE TO EAT AND PICK UP GROCERIES. MOST IMPORTANTLY, IT IS THE CENTRAL LOCATION THAT GIVES OUR SMALL TOWN ITS IDENTITY. THE TRUST PURCHASED THE STORE TO PROVIDE THE ELMORE COMMUNITY WITH A WELCOMING GENERAL STORE AND COMMUNITY MEETING PLACE AND WILL WORK COLLABORATIVELY WITH THE BUSINESS OPERATORS TO SUPPORT THEIR INDIVIDUAL BUSINESS GOALS. 45795 true true false false false false true false false false true false false false false false false false false false false false false false true false false false false false false false false true false false false false false false false false false false false false false true 0 0 0 false false false false false false false false X 9 9 false false false false false false false true true false false true true true true false false false false false X JASON MCLEAN 6035918331 PO BOX 97 LAKE ELMORE VT 05657 X JASON MCLEAN TREASURER 1.00 X 0 0 0 TREVOR BRAUN SECRETARY 1.00 X 0 0 0 KATE SPRAGUE DIRECTOR 1.00 X 0 0 0 CALEB SUDDABY DIRECTOR 1.00 X 0 0 0 MARK ISSELHARDT VICE PRESIDE 1.00 X 0 0 0 BLAIR MARVIN PRESIDENT 1.00 X 0 0 0 JON OSBORNE DIRECTOR 1.00 X 0 0 0 JAMIE DISABITINO DIRECTOR 1.00 X 0 0 0 CHARLOTTE BUCHANAN DIRECTOR 1.00 X 0 0 0 false false false X 14369 96481 110850 POST OFFICE 561499 10250 10250 10250 1731 1731 45000 45000 45000 45000 8728 14369 13384 -4656 -4656 163175 10250 42075 1600 1600 300 300 3743 3743 1041 838 192 11 12120 12120 973 973 12454 12454 4154 2329 1825 POST OFFICE EXPENSE 10250 10250 SOFTWARE & APPS 1269 1269 MEMBERSHIPS & SUBSCRIPTIO 852 852 EXPENDABLE EQUIPMENT 492 492 475 475 49723 45795 3917 11 41774 59706 41853 32744 611973 24540 502804 587433 586431 679883 60000 40000 60000 40000 X 526431 639883 526431 639883 586431 679883 113452 X false false false X 345666 63491 164826 110850 684833 1000 1000 345666 64491 164826 110850 685833 53453 632380 820 1731 2551 6700 10315 8728 25743 714127 27484 0.88550 0.85520 X PART II, LINE 10 FUNDRAISING EVENTS 25,743 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.19 1 1 1 true true 164181 164181 447792 24540 423252 587433 SCHEDULE D, PAGE 1, PART II, LINE 5 YES SCHEDULE D, PAGE 1, PART II, LINE 9 THE 40,000 RECEIVED IN 2023 FOR CONSERVATION EASEMENT WAS INCLUDED IN OTHER CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS RECEIVED. THE REMAINING 60,089 WAS RECEIVED IN 2024 AND TREATED SIMILARLY. THERE ARE NO AUDITED, COMPILED, OR REVIEWED FINANCIAL STATEMENTS, SO THERE IS NO FOOTNOTE DESCRIBING THE ORGANIZATION'S ACCOUNTING FOR THE CONSERVATION EASEMENT. GRAVEL GRINDER 23097 14369 8728 2542 6000 4842 23097 14369 8728 2542 6000 4842 13384 -4656 TREAVOR BRAUN OFFICER BUILDING PURCHASE & CASH FLOW X 25000 25000 false true true PRESERVATION TRUST OF VERMONT CONTRIBUTOR BUILDING PURCHASE X 15000 15000 false true true 40000 FORM 990 - ORGANIZATION'S MISSION THE ELMORE COMMUNITY TRUST IS 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. FORM 990, PAGE 6, PART VI, LINE 11B BOARD OF DIRECTORS WILL REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C NO BOARD MEMBERS SHALL PLACE THEMSELVES IN ANY POSITION THAT IS OR APPEARS TO BE A CONFLICT OF INTEREST WITH THE MISSION OF THE CORPORATION. A CONFLICT OF INTEREST MAY EXIST WHEN A BOARD MEMBER HAS AUTHORITY OR RESPONSIBILITY IN SOME MATTER IN WHICH THE BOARD MEMBER, OR A MEMBER OF THE BOARD MEMBER IMMEDIATE FAMILY, HAS A SUBSTANTIAL PERSONAL OR FINANCIAL INTEREST THAT MAY INHIBIT OR APPEAR TO INHIBIT THE BOARD MEMBER'S ABILITY TO ACT IN THE INTERESTS OF THE CORPORATION. A BOARD MEMBER WHO HAS A DEFINITE OR POTENTIAL CONFLICT OF INTEREST WITH THEIR RESPONSIBILITIES AND/OR OBLIGATIONS SHALL DISCLOSE SUCH CONFLICT OF INTEREST TO THE FULL BOARD OF DIRECTORS AND RECUSE THEMSELVES FROM VOTES OR ACTIONS ON THAT ISSUE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VIII DETAILS ON THE SALE OF TAX CREDITS REPORTED ON FORM 990, PART VIII, LINE 7: AMOUNT OF PROCEEDS: 45,000 TYPE OF TAX CREDIT: DOWNTOWN VILLAGE TAX CREDIT PUCHASER OF THE TAX CREDIT: UNION BANK USE OF PROCEEDS: USED EXCLUSIVELY FOR ADA/FIRE CODE REMEDIATION WORK ON THE BUILDING, PRIMARILY ELECTRICAL UPGRADES