Civic Intelligence

Cheshire Housing Trust

990 • Fiscal year 2018 • EIN 02-0418158

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 17, 2019

168 Castle StreetKeene, NH 03431

(603) 357-7603

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.18x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.91x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

24th percentile

-6.9%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

34th percentile

-2.5%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

58th percentile

7.4%

Faster revenue growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,678,384

Down $68,593 (-2.5%) from 2017

Net Assets

Down

$2,183,305

Down $37,927 (-1.7%) from 2017

Liabilities

Down

$495,079

Down $30,666 (-5.8%) from 2017

Revenue

Up

$546,336

Up $37,509 (+7.4%) from 2017

Expenses

Down

$584,263

Down $20,649 (-3.4%) from 2017

Net Income

Up

-$37,927

Up $58,158 (+61%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,922,739Liabilities 2010: $867,392Net Assets 2010: $2,055,3472010Assets 2011: $2,944,591Liabilities 2011: $728,125Net Assets 2011: $2,216,4662011Assets 2012: $2,981,193Liabilities 2012: $699,307Net Assets 2012: $2,281,8862012Assets 2013: $2,987,149Liabilities 2013: $662,386Net Assets 2013: $2,324,7632013Assets 2014: $2,871,351Liabilities 2014: $632,441Net Assets 2014: $2,238,9102014Assets 2015: $2,977,574Liabilities 2015: $593,130Net Assets 2015: $2,384,4442015Assets 2016: $2,873,048Liabilities 2016: $555,731Net Assets 2016: $2,317,3172016Assets 2017: $2,746,977Liabilities 2017: $525,745Net Assets 2017: $2,221,2322017Assets 2018: $2,678,384Liabilities 2018: $495,079Net Assets 2018: $2,183,3052018Assets 2019: $2,611,133Liabilities 2019: $485,191Net Assets 2019: $2,125,9422019Assets 2020: $2,375,643Liabilities 2020: $474,369Net Assets 2020: $1,901,2742020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$2,678,384
Liabilities$495,079
Net Assets$2,183,305

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$0-$1.0M-$2.0MExpenses 2010: $518,3322010Expenses 2011: $560,0712011Revenue 2012: $587,537Expenses 2012: $522,117Net Income 2012: $65,4202012Revenue 2013: $599,487Expenses 2013: $556,610Net Income 2013: $42,8772013Revenue 2014: $528,453Expenses 2014: $589,275Net Income 2014: -$60,8222014Revenue 2015: $746,023Expenses 2015: $600,489Net Income 2015: $145,5342015Revenue 2016: $540,779Expenses 2016: $607,906Net Income 2016: -$67,1272016Revenue 2017: $508,827Expenses 2017: $604,912Net Income 2017: -$96,0852017Revenue 2018: $546,336Expenses 2018: $584,263Net Income 2018: -$37,9272018Revenue 2019: $554,978Expenses 2019: $612,341Net Income 2019: -$57,3632019Revenue 2020: $385,246Expenses 2020: $609,914Net Income 2020: -$224,6682020Revenue 2021: -$1,452,823Expenses 2021: $448,451Net Income 2021: -$1,901,2742021

Highlighted filing

2018

Revenue$546,336
Expenses$584,263
Net Income-$37,927
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 17, 2019
Return Version
2018v3.1
Gross Receipts
$546,336
Mission and Program Overview

Mission

Provide low-income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,269,828$2,150,132▼ $119,696
Prepaid Expenses and Deferred Charges$31,725$38,642▲ $6,917
Cash and Non-Interest-Bearing Accounts$10,007$15,818▲ $5,811
Savings and Temporary Cash Investments$11,233$11,233→ $0
Accounts Receivable-$424-
Total Assets$2,746,977$2,678,384▼ $68,593
Other Assets Total$424,184$462,135▲ $37,951
Liabilities
Mortgage Notes Payable Secured by Investment Property$476,274$451,284▼ $24,990
Other Liabilities$29,506$28,731▼ $775
Accounts Payable and Accrued Expenses$19,965$15,064▼ $4,901
Total Liabilities$525,745$495,079▼ $30,666
Net Assets / Fund Balance
Unrestricted Net Assets$2,221,232$2,183,305▼ $37,927
Total Net Assets Fund Balance$2,221,232$2,183,305▼ $37,927
Total Liabilities and Net Assets / Fund Balance$2,746,977$2,678,384▼ $68,593

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,810,318$1,945,564$3,755,882
Land$339,814-$339,814
Other Assets Org$78,446--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laurie MorsePresident
Bryant P AbbottVice President
Linda MangonesExecutive Director
Cindy SullivanMember
Heather SchlerfMember
Jon GravesMember
Kim BergeronMember
Sarah Mustin StockwellMember
Carol LittletonSecretary
Mike ForrestTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,982
Program Service Revenue
$532,081
Investment Income
$1,273
Other Revenue
$0
All Other Contributions
$12,982
Change in Net Assets
$-37,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$493,361
Salaries, Compensation, and Employee Benefits$90,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$129,949$3,055-$133,004
Other Salaries and Wages$75,945$5,995-$81,940
Fees for Services Other$13,751$31,000-$44,751
Insurance$35,290--$35,290
Occupancy$10,795$3,674-$14,469
Other Expenses$11,634--$11,634
All Other Expenses$9,646$418-$10,064
Other Employee Benefits$6,049$2,913-$8,962
Office Expenses$2,744$2,671-$5,415
Interest$3,184--$3,184
Travel$1,189$185-$1,374
Total Functional Expenses$534,352$49,911$0$584,263
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$26,847
Prepaid Rent$1,884
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members include the board of directors

Form 990, Part VI, Section A, Line 7A

The board of directors are elected by its members

Form 990, Part VI, Section A, Line 7B

The board of directors are responsible for approving governing decisions.

Form 990, Part VI, Section B, Line 11B

The form 990 is sent to the executive director for review and submission.

Form 990, Part VI, Section B, Line 12C

The board of directors require its members to declare conflicts of interest.

Form 990, Part VI, Section C, Line 19

All organizing and operating documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cheshire Housing Trust
EIN
02-0418158
Phone
6033577603
Address
168 CASTLE STREET, KEENE, NH 03431

Signing Officer

Name
Linda Mangones
Title
Executive Director
Phone
6033577603
Signed
2019-07-17

Organization Details

Principal Officer
Linda Mangones
Formed
1987
Legal Domicile
Nh
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
0

Preparer

Firm
Otis Atwell
Address
324 GANNETT DRIVE, SOUTH PORTLAND, ME 04106
Preparer
Thomas Gioia
Phone
2077801100
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt011233
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011233
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016643
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt016599
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt027728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt026817
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0100769
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01273
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0829
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0455
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0548
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0528
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0532081
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0491355
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0507126
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0717747
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0501108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02749417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01273
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0829
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0548
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0528
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03633
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt02850186
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0545063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0507998
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0523725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0745475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0527925
IRS990ScheduleA/Total509Grp/TotalAmt02850186
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0546336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0508827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0524180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0746023
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0528453
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02853819
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01810318
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01945564
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03755882
IRS990ScheduleD/LandGrp/BookValueAmt0339814
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0339814
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt026847
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1356842
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt278446
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED ESCROWS & RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026847
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11884
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02150132
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0462135
IRS990ScheduleD/TotalLiabilityAmt028731
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR LINDA MANGONES RECEIVED $32,465 IN COMPENSATION FROM KEENE HOUSING AUTHORITY, AN UNRELATED ENTITY THAT PROVIDES SERVICES TO CHESHIRE HOUSING TRUST.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS INCLUDE THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY ITS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR APPROVING GOVERNING DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS SENT TO THE EXECUTIVE DIRECTOR FOR REVIEW AND SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REQUIRE ITS MEMBERS TO DECLARE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0020484822
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd01
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0HINSDALE SCHOOL APARTMENTS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt039 CENTRAL SQUARE SUITE 202
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0KEENE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd003431
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NH

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