Commonwealth Community Trust

Nonprofit profile at a glance

EIN
541565250
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Richmond, VA, USA
Phone
8047406930
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rehabilitative Medical Services

Official website

Reported finances

Revenue
$3,689,233
Expenses
$3,327,369
Assets
$4,774,426
Liabilities
$762,258

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • JOANNE MARCUS (PRESIDENT/CE)

Highest reported compensation

  • JOANNE MARCUS (PRESIDENT/CE): $344,573 total reported compensation
  • BEN TIEFENBACK (DIRECTOR CLI): $161,956 total reported compensation
  • RACHAEL BAER (DIRECTOR NEW): $140,971 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve individuals throughout the united states who are vulnerable, injured, or living with a disability by providing a structured framework for convenient and cost-effective pooled trust administration services that supplement government benefit programs, including supplemental security income (ssi) and medicaid. Cct is further committed to educating individuals with disabilities, their families, and professionals about the benefits and protections afforded by a pooled trust. Additionally, through cct's charitable fund award program, the organization awards monetary grants to individuals with disabilities who demonstrate financial need, to be used toward essential services and/or equipment.

What it reported doing in 2025

Administers pooled special needs trusts, including first-party and third- party trusts, for participants throughout the united states while preserving eligibility for government benefit programs such as ssi and/or medicaid. Maintains a convenient and cost-effective framework with a minimum of 8,000 required to establish a trust. Offers education and outreach to inform people with disabilities, their families, and professionals about the services of cct and how to plan and execute a pooled special needs trust that will provide financial resources for an improved quality of life for the trust beneficiary.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.7%; rating input score 71
  • Program expense ratio: 77.6%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.8%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 1.43; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 22.9%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 15.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 9.2% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 70.7% of revenue deployed · 77.6% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $2.6M in reported program spending
  • Leadership: top reported pay $345K · 22 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.