Nonprofit · EIN 83-0483990
READSBORO HOMETOWN REDEVELOPMENT INC
Tax-exempt (reinstated) · READSBORO, VT 05350
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $25,710 | $65,605 | -$39,895 | $330,729 | $0 | $330,729 |
| December 31, 2024 | 990-EZ | $19,608 | $69,271 | -$49,663 | $370,624 | $0 | $370,624 |
| December 31, 2023 | 990-EZ | $12,303 | $34,906 | -$22,603 | $420,287 | $0 | $420,287 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $21,748
- Program service revenue
- $0
- Investment income
- $3,962
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $54,730
- Occupancy
- $5,349
- Printing, publications and postage
- $104
- Other expenses
- $5,422
Balance sheet and other
- Total assets, start of year
- $370,624
- Total assets, end of year
- $330,729
- Total liabilities, end of year
- $0
- Net assets, end of year
- $330,729
- Cash, savings and investments
- $133,327
- Land and buildings
- $197,402
- Gross receipts
- $25,710
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Bailey | President | 1 | $0 |
| Helyn Strom Henriksen | Vice President | 1 | $0 |
| David Marchegiani | Treasurer | 2 | $0 |
| Cindy Bartosewcz | Secretary | 1 | $0 |
| Normajean Marchegiani | Director | 1 | $0 |
| Craig Bartosewcz | Director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Bailey | President | 2 | $0 |
| Helyn Strom Henriksen | Vice President | 1 | $0 |
| David Marchegiani | Treasurer | 2 | $0 |
| Cindy Bartosewcz | Secretary | 1 | $0 |
| Normajean Marchegiani | Director | 1 | $0 |
| Craig Bartosewcz | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Bailey | President | 2 | $0 |
| Helyn Strom Henriksen | Vice President | 1 | $0 |
| David Marchegiani | Treasurer | 2 | $0 |
| Cindy Bartosewcz | Secretary | 2 | $0 |
| Normajean Marchegiani | Director | 1 | $0 |
| Joan O'Donnell | Director | 0 | $0 |
| Annette Caruso | Director | 0 | $0 |
| Craig Bartosewcz | Director | 2 | $0 |
| Tom Veto | Director | 1 | $0 |
| Linda Marston | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 261, READSBORO, VT 05350-0261
- In care of
- % DAVID MARCHEGIANI
- Signed the 990-EZ
- David Marchegiani, Treasuer
- Phone
- (802) 423-7050
- Website
- www.Readsborohometown.org
Mission
To promote development in Readsboro, VT.
Program accomplishments
- To promote development in Readsboro VT for the benefit of the community, including the restoration of historic building for community use.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-0483990
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $330,729
- Income (IRS master file)
- $25,710
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- July 13, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $25,710 | $65,605 | $330,729 | XML |
| 990-EZ | December 2024 | $19,608 | $69,271 | $370,624 | XML |
| 990-EZ | December 2023 | $12,303 | $34,906 | $420,287 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-0483990).
Questions about READSBORO HOMETOWN REDEVELOPMENT INC
- What is the EIN of READSBORO HOMETOWN REDEVELOPMENT INC?
- The employer identification number (EIN) of READSBORO HOMETOWN REDEVELOPMENT INC is 83-0483990.
- Is READSBORO HOMETOWN REDEVELOPMENT INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to READSBORO HOMETOWN REDEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does READSBORO HOMETOWN REDEVELOPMENT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of READSBORO HOMETOWN REDEVELOPMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did READSBORO HOMETOWN REDEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of READSBORO HOMETOWN REDEVELOPMENT INC?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does READSBORO HOMETOWN REDEVELOPMENT INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $25,710, expenses of $65,605 and total assets of $330,729 at year end.
Other nonprofits in READSBORO
- READSBORO HISTORICAL SOCIETY EIN 30-1161513 · last filed 990-N for 2025
- AMERICAN LEGION EIN 03-6009957 · last filed 990 for 2024
- SPIRIT FIRE MEDITATIVE RETREAT CENTER INC EIN 04-3564168 · last filed 990 for 2025
- STAMFORD RIDGE RIDERS OHV CLUB INC EIN 92-2208562 · last filed 990 for 2025
- JACK PINES PIRATES INC EIN 83-3736254 · last filed 990-N for 2025
- READSBORO FIREFIGHTERS ASSOCIATION EIN 61-1530991 · last filed 990-N for 2025
- INTERNATIONAL ASSOCIATION OF LIONS CLUBS EIN 03-6009341 · last filed 990-N for 2025
- VERMONT STATE GRANGE INC EIN 77-0698434 · last filed 990-N for 2024
All nonprofits in READSBORO · Vermont · Arts, culture and humanities