Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1990.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
15 people listed on the 990; $122K paid to officers and key staff (Part VII, Section A).
Elise Shanbacker’s $122K as Executive Di is at the 53rd percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Elise Shanbacker | $121,746 | $101,702 | $108,719 | $104,550 | $96,431 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Addison County Community Trust executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Develops, manages, and preserves affordable housing, offering support to families, seniors, and individuals.
Questions for Addison County Community Trust
Your first name shows with your question. Addison County Community Trust answers here, for everyone.
Property Operations
Operation AND/OR stewardship of over 750 units of permanently affordable housing; this includes: property management for 353 multifamily tax credit apartments; operation of 340 lots in nine nonprofit ahw-owned parks for owner-occupied mobile homes; and down payment grants for moderate-income households with subsequent stewardship of…
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3032009) · Dispute this lineResident Services
Providing sash (support and services at home) services for ahw senior housing residents and residents in the surrounding communities. Approximately 190 seniors were served in 2024. Also providing resident support services as needed to families and residents impacted by housing instability. Approximately 200 households were served in 2024.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3032009) · Dispute this lineRehab and Development
Rehab and development of new affordable housing units to alleviate the county's less-than-one-percent vacancy rate, including multifamily apartments and single-family homes.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3032009) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported no findings.
The auditor reported no findings.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.4M | $1.7M |
| InvestmentsLn 11–13 | $1.3M | $2.1M |
| Land, buildings, equipmentLn 10c | $11.5M | $12.0M |
| Total assetsLn 16 | $16.6M | $17.2M |
| LiabilitiesLn 26 | $5.2M | $4.9M |
| Net assetsLn 32 | $11.4M | $12.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $163K | $163K | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $127K | $66K | $42K | $19K |
| Other salaries and wagesLn 7 | $1.2M | $1.1M | $95K | |
| Pension plan contributionsLn 8 | $22K | $20K | $1K | |
| Other employee benefitsLn 9 | $244K | $217K | $24K | $3K |
| Payroll taxesLn 10 | $100K | $89K | $10K | $1K |
| Legal feesLn 11b | $43K | $43K | ||
| Accounting feesLn 11c | $16K | $16K | ||
| Other fees for servicesLn 11g | $100K | $88K | $10K | $1K |
| Advertising and promotionLn 12 | $10K | $9K | $1K | $130 |
| Office expensesLn 13 | $179K | $160K | $17K | $2K |
| OccupancyLn 16 | $1.0M | $1.0M | $2K | $294 |
| Conferences, conventions and meetingsLn 19 | $56K | $49K | $6K | $730 |
| InterestLn 20 | $109K | $108K | $1K | $162 |
| Depreciation, depletion and amortizationLn 22 | $357K | $356K | $1K | $175 |
| InsuranceLn 23 | $51K | $49K | $2K | $243 |
| Other expenses (24a–d)Ln 24 | $8K | $8K | ||
| Total functional expensesLn 25 | $3.8M | $3.5M | $273K | $29K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 | $4.8M | $3.8M | $916K | $12.3M | 990 PDF |
| FY2023Filed with the IRS Nov 13, 2024 | $6.8M | $3.2M | $3.7M | $11.4M | 990 PDF |
| FY2022Filed with the IRS Nov 13, 2023 | $3.2M | $2.9M | $349K | $7.7M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $3.4M | $2.5M | $856K | $7.4M | 990 PDF |
| FY2020Filed with the IRS Nov 8, 2021 | $3.9M | $2.4M | $1.4M | $6.5M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $4,752,796 revenue, 12 lines filed
Part VI · Governance 14 of 14 board members independent, no flags
Part VIII · Statement of revenue $4,752,796 across 10 lines filed
Part IX · Statement of functional expenses $3,836,828 across 17 lines filed
Part X · Balance sheet $17,190,549 assets, 21 lines filed
Part XI · Reconciliation of net assets $12,336,309 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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