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ARDENCROFT ASSOCIATION

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Public nonprofit record

ARDENCROFT ASSOCIATION

EIN 51-6015966 · Housing & Shelter (L)

What they do

VILLAGE of ARDENCROFT, POPULATION APPROXIMATELY 235.ARDENCROFT ASSOCIATION, INC., WAS ESTABLISHED IN 1950. IT is A NONPROFIT CORPORATION, MANAGED BY THREE DIRECTORS, and HOLDS THE LAND for THE NEWEST of 17 ENCLAVES of ECONOMIC RENT, THE EARLIEST of WHICH WAS FOUNDED IN 1894. ARDENCROFTS 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.

Money

Financial picture

Tax year 2025
Revenue$393,159
Expenses$298,447
Assets$399,190
Income$393,159
Grants given$157,151
Average grant$17,461
Management$31,804
Accounting fees$1,070

About this charity

Recognized since
January 1969
Location
2121 THE HIGHWAY, WILMINGTON, DE 19810
County
New Castle
In care of
PATRICK TOMAN
Primary officer
PATRICK TOMAN, DIRECTOR

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
CHERRY BEKAERT ADVISORY LLC
NTEE classification
Housing & Shelter (L)
IRS tax category
Housing & Shelter
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
04
Affiliation
3
Classification
1000
Deductibility
2
Activity
399000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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