NonprofitsArdencroft Association

Ardencroft Association

WILMINGTON, DE

Total revenue

$406K

Total expenses

$342K

Net assets

$304K

Grants received

EIN

516015966

Tax year

2024

Mission

Village of ardencroft, population approximately 275.ardencroft association, inc., was established in 1950. It is a nonprofit corporation, managed by three directors, and holds the land for the the newest of 17 enclaves of economic rent, the earliest of which was founded in 1894. Ardencroft's revenue structure is based on the single tax philosophy of henry george (1839-1897): homeowners own their homes, and pay land rent to the community, from which school and county taxes on land and buildings, as well as trash and recycling costs, are paid by the association. Leases are for 99 years and are transferable and renewable. Parks, streets and the footpaths which criss-cross the village, and other public works, are maintained by the village of ardencroft, also founded in 1950.

Programs

1 program

Payment of yearly trash collection fees for the property owners of thevillage of ardencroft

Expenses: $27K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$393K
Investment income$13K
Other revenue
Total revenue$406K

Expenses

Grants paid$21K
Salaries & benefits
Fundraising
Other expenses$321K
Total expenses$342K
Total assets$304K
Net assets$304K

People

3 listed

NameRoleCompensation

JAMES SCHWABER

DIRECTOR

Board

3 hrs/wk

PATRICK TOMAN

DIRECTOR

Board

3 hrs/wk

WYN ACHENBAUM

DIRECTOR

Board

3 hrs/wk

Details

EIN516015966
Subsection04
Ruling date1969-05
Formed1950
Employees0
Volunteers0
ARDENCROFT ASSOCIATION — Mission, Financials & Grants Received | Grantivo