Civic Intelligence

Springfield Housing Unlimited

990 • Fiscal year 2020 • EIN 03-0318824

Oct 01, 2019 to Sep 30, 2020 • Filed on Jul 26, 2021

80 Main StSpringfield, VT 05156

(802) 885-4905

Siviq Scores

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

Liabilities / Assets

81st percentile

0.51x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

2.28x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

31st percentile

-3.1%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$67,408

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

25th percentile

-2.0%

Faster asset growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-16%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,377,202

Down $47,525 (-2.0%) from 2019

Net Assets

Down

$1,163,221

Down $29,048 (-2.4%) from 2019

Liabilities

Down

$1,213,981

Down $18,477 (-1.5%) from 2019

Revenue

Down

$532,471

Down $103,927 (-16%) from 2019

Expenses

Up

$548,801

Up $6,501 (+1.2%) from 2019

Net Income

Down

-$16,330

Down $110,428 (-117%) from 2019

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: $269,055Liabilities 2010: $180,165Net Assets 2010: $88,8902010Assets 2011: $265,552Liabilities 2011: $177,067Net Assets 2011: $88,4852011Assets 2012: $2,476,364Liabilities 2012: $1,536,983Net Assets 2012: $939,3812012Assets 2013: $2,506,682Liabilities 2013: $1,605,123Net Assets 2013: $901,5592013Assets 2014: $2,311,948Liabilities 2014: $1,483,044Net Assets 2014: $828,9042014Assets 2015: $2,305,716Liabilities 2015: $1,432,361Net Assets 2015: $873,3552015Assets 2016: $2,318,089Liabilities 2016: $1,336,528Net Assets 2016: $981,5612016Assets 2017: $2,555,398Liabilities 2017: $1,497,882Net Assets 2017: $1,057,5162017Assets 2018: $2,360,006Liabilities 2018: $1,261,835Net Assets 2018: $1,098,1712018Assets 2019: $2,424,727Liabilities 2019: $1,232,458Net Assets 2019: $1,192,2692019Assets 2020: $2,377,202Liabilities 2020: $1,213,981Net Assets 2020: $1,163,2212020Assets 2021: $2,307,630Liabilities 2021: $1,146,580Net Assets 2021: $1,161,0502021Assets 2022: $2,246,285Liabilities 2022: $1,099,162Net Assets 2022: $1,147,1232022Assets 2023: $2,191,356Liabilities 2023: $1,085,084Net Assets 2023: $1,106,2722023Assets 2024: $2,096,562Liabilities 2024: $1,035,097Net Assets 2024: $1,061,4652024

Highlighted filing

2020

Assets$2,377,202
Liabilities$1,213,981
Net Assets$1,163,221

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $71,992Expenses 2010: $10,048Net Income 2010: $61,9442010Revenue 2011: $17,595Expenses 2011: $18,424Net Income 2011: -$8292011Revenue 2012: $471,045Expenses 2012: $388,922Net Income 2012: $82,1232012Revenue 2013: $485,444Expenses 2013: $523,266Net Income 2013: -$37,8222013Revenue 2014: $450,018Expenses 2014: $522,673Net Income 2014: -$72,6552014Revenue 2015: $543,875Expenses 2015: $499,424Net Income 2015: $44,4512015Revenue 2016: $611,542Expenses 2016: $503,336Net Income 2016: $108,2062016Revenue 2017: $542,988Expenses 2017: $467,033Net Income 2017: $75,9552017Revenue 2018: $550,055Expenses 2018: $509,400Net Income 2018: $40,6552018Revenue 2019: $636,398Expenses 2019: $542,300Net Income 2019: $94,0982019Revenue 2020: $532,471Expenses 2020: $548,801Net Income 2020: -$16,3302020Revenue 2021: $552,332Expenses 2021: $554,503Net Income 2021: -$2,1712021Revenue 2022: $525,517Expenses 2022: $538,744Net Income 2022: -$13,2272022Revenue 2023: $576,789Expenses 2023: $616,525Net Income 2023: -$39,7362023Revenue 2024: $605,156Expenses 2024: $656,638Net Income 2024: -$51,4822024

Highlighted filing

2020

Revenue$532,471
Expenses$548,801
Net Income-$16,330
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jul 26, 2021
Return Version
2019v5.1
Gross Receipts
$532,471
Mission and Program Overview

Mission

To provide affordable housing to low-income families and individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,562,223$1,509,723▼ $52,500
Cash and Non-Interest-Bearing Accounts$569,588$561,985▼ $7,603
Other Notes and Loans Receivable, Net$145,000$145,000→ $0
Accounts Receivable$53,621$61,587▲ $7,966
Prepaid Expenses and Deferred Charges$52,841$55,506▲ $2,665
Investments Other Securities$1,572$59▼ $1,513
Total Assets$2,424,727$2,377,202▼ $47,525
Other Assets Total$39,882$43,342▲ $3,460
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,088,432$1,053,575▼ $34,857
Accounts Payable and Accrued Expenses$104,144$113,159▲ $9,015
Other Liabilities$39,882$45,275▲ $5,393
Deferred Revenue-$1,972-
Total Liabilities$1,232,458$1,213,981▼ $18,477
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,192,269$1,163,221▼ $29,048
Total Net Assets Fund Balance$1,192,269$1,163,221▼ $29,048
Total Liabilities and Net Assets / Fund Balance$2,424,727$2,377,202▼ $47,525

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,433,746$446,614$1,880,360
Land$45,000-$45,000
Leasehold Improvements$29,698$9,150$38,848
Equipment$1,279$23,669$24,948
Compensation and Service Providers

Employees

NameTitleOtherTotal
Laura RyanExecutive Director$67,408$67,408

Board Members and Trustees

NameTitle
Peter N AndrewsPresident / Treasurer
Jessica MartinVice President / Secretary
Carol ColeDirector
Jeff MobusDirector
Tom YenerellDirector
Tracy JohnsonDirector
Walter Jabs JrDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$141,252
Program Service Revenue
$388,568
Investment Income
$2,651
Other Revenue
$0
Change in Net Assets
$-16,330

Audited Revenue Reconciliation

Revenue per Audited Statements
$532,471
Total Revenue per Audited Statements
$532,471
Total Revenue per Form 990
$532,471
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$421,875
Salaries, Compensation, and Employee Benefits$126,926
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$214,137--$214,137
Other Salaries and Wages$96,523--$96,523
Depreciation Depletion$55,255--$55,255
Office Expenses$46,804--$46,804
Interest$29,615--$29,615
Fees for Services Management-$27,520-$27,520
Other Employee Benefits$22,803--$22,803
Fees for Services Other$17,560--$17,560
Other Expenses$13,592--$13,592
Fees for Services Accounting$9,798--$9,798
Payroll Taxes$7,600--$7,600
Fees for Services Legal$4,809--$4,809
All Other Expenses$2,595--$2,595
Insurance$190--$190
Total Functional Expenses$521,281$27,520$0$548,801

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$548,801
Total Expenses per Audited Statements$548,801
Total Expenses per Form 990$548,801
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
Federal income taxes$45,275
Tenant Security Deposits payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
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. At least 3 of the members of the Board of Directors must also be members of Springfield Housing Authoritys Board of Directors.

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

The Board of Directors votes to approve governing decisions.

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

The Form 990 is reviewed by the Executive Director of Springfield Housing Authority a related entity and made available to the Board of Directors.

Form 990, Part VI, Section C, Line 19

All organizing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Springfield Housing Unlimited
EIN
03-0318824
Phone
8028854905
Address
80 Main St, Springfield, VT 05156

Signing Officer

Name
Laura Ryan
Title
Executive Director
Signed
2021-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Ryan
Formed
1989
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
8

Preparer

Firm
RHR Smith & Company CPA's
Address
3 Old Orchard Road, Buxton, ME 04093
Preparer
Ronald Smith
Phone
2079294606
Supplemental Narrative

Financial Statement Notes

X 2

No provision for taxes on income is made in the Projects financial statements since Springfield Housing Unlimited is a qualified nonprofit institution under Internal Revenue Service regulation 501c3. In accordance with accounting principles generally accepted in the United States of America, management has evaluated its exposure to material tax positions and determined that there are no such tax positions requiring accounting recognition. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the Internal Revenue Service, the three previous years remain open. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

Raw XML AppendixShowing 400 of 493 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0104144
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0113159
IRS990/AccountsReceivableGrp/BOYAmt053621
IRS990/AccountsReceivableGrp/EOYAmt061587
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide affordable housing to low-income families and individuals.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02595
IRS990/AllOtherExpensesGrp/TotalAmt02595
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Springfield Housing Authority
IRS990/BooksInCareOfDetail/PhoneNum08028854905
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt080 Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Springfield
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd005156
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0569588
IRS990/CashNonInterestBearingGrp/EOYAmt0561985
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0141252
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02651
IRS990/CYOtherExpensesAmt0421875
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0388568
IRS990/CYRevenuesLessExpensesAmt0-16330
IRS990/CYSalariesCompEmpBnftPaidAmt0126926
IRS990/CYTotalExpensesAmt0548801
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0532471
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt01972
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt055255
IRS990/DepreciationDepletionGrp/TotalAmt055255
IRS990/Desc0Provide affordable housing to low-income persons
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0521281
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09798
IRS990/FeesForServicesAccountingGrp/TotalAmt09798
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt04809
IRS990/FeesForServicesLegalGrp/TotalAmt04809
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt027520
IRS990/FeesForServicesManagementGrp/TotalAmt027520
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt017560
IRS990/FeesForServicesOtherGrp/TotalAmt017560
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7002.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Laura Ryan
IRS990/Form990PartVIISectionAGrp/PersonNm1Peter N Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm2Jessica Martin
IRS990/Form990PartVIISectionAGrp/PersonNm3Walter Jabs Jr
IRS990/Form990PartVIISectionAGrp/PersonNm4Carol Cole
IRS990/Form990PartVIISectionAGrp/PersonNm5Jeff Mobus
IRS990/Form990PartVIISectionAGrp/PersonNm6Tracy Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm7Tom Yenerell
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt067408
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President / Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President / Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0141252
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0532471
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0190
IRS990/InsuranceGrp/TotalAmt0190
IRS990/InterestGrp/ProgramServicesAmt029615
IRS990/InterestGrp/TotalAmt029615
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02651
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02651
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01572
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt059
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0479433
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01562223
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01509723
IRS990/LandBldgEquipCostOrOtherBssAmt01989156
IRS990/LegalDomicileStateCd0VT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide affordable housing to low-income families and individuals.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01088432
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01053575
IRS990/NetAssetsOrFundBalancesBOYAmt01192269
IRS990/NetAssetsOrFundBalancesEOYAmt01163221
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01192269
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01163221
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0214137
IRS990/OccupancyGrp/TotalAmt0214137
IRS990/OfficeExpensesGrp/ProgramServicesAmt046804
IRS990/OfficeExpensesGrp/TotalAmt046804
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt039882
IRS990/OtherAssetsTotalGrp/EOYAmt043342
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022803
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022803
IRS990/OtherExpensesGrp/Desc0Bad Debt
IRS990/OtherExpensesGrp/ProgramServicesAmt013592
IRS990/OtherExpensesGrp/TotalAmt013592
IRS990/OtherLiabilitiesGrp/BOYAmt039882
IRS990/OtherLiabilitiesGrp/EOYAmt045275
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt096523
IRS990/OtherSalariesAndWagesGrp/TotalAmt096523
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0145000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0145000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07600
IRS990/PayrollTaxesGrp/TotalAmt07600
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt052841
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055506
IRS990/PrincipalOfficerNm0Laura Ryan
IRS990/PriorPeriodAdjustmentsAmt0-12718
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Tenant Rent
IRS990/ProgramServiceRevenueGrp/Desc1Laundry and Vending
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0384074
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11305
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0384074
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11305
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0185928
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03034
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0542300
IRS990/PYProgramServiceRevenueAmt0447436
IRS990/PYRevenuesLessExpensesAmt094098
IRS990/PYTotalExpensesAmt0542300
IRS990/PYTotalRevenueAmt0636398
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-16330
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0141252
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0185928
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0186068
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0208619
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0215199
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0937066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02651
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0471
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0451
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0374
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06981
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0388568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0447436
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0365657
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0333918
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0396343
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01931922
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02651
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0451
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0374
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06981
IRS990ScheduleA/InvestmentIncomeCYPct00.00240
IRS990ScheduleA/InvestmentIncomePYPct00.00160
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99760
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02868988
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0529820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0633364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0551725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0542537
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0611542
IRS990ScheduleA/Total509Grp/TotalAmt02868988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0532471
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0636398
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0552196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0542988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0611916
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02875969
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01433746
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0446614
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01880360
IRS990ScheduleD/EquipmentGrp/BookValueAmt01279
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023669
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024948
IRS990ScheduleD/ExpensesSubtotalAmt0548801
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt045000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt029698
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09150
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt038848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant Security Deposits payable
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0532471
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0No provision for taxes on income is made in the Projects financial statements since Springfield Housing Unlimited is a qualified nonprofit institution under Internal Revenue Service regulation 501c3. In accordance with accounting principles generally accepted in the United States of America, management has evaluated its exposure to material tax positions and determined that there are no such tax positions requiring accounting recognition. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the Internal Revenue Service, the three previous years remain open. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01509723
IRS990ScheduleD/TotalExpensesPerForm990Amt0548801
IRS990ScheduleD/TotalLiabilityAmt045275
IRS990ScheduleD/TotalRevenuePerForm990Amt0532471
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0532471
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0548801
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The members include the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors are elected by its members. At least 3 of the members of the Board of Directors must also be members of Springfield Housing Authoritys Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors votes to approve governing decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is reviewed by the Executive Director of Springfield Housing Authority a related entity and made available to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All organizing 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 C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0Springfield Housing Unlimited
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt1Springfield Housing Unlimited
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0272759868
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1834453256
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0true
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd1true
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0VT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1VT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.00010
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct11.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0Related
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt1Related
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0low- and moderate-income housing
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1manage tax credit housing
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0Ellis Block Housing Limited Partnership
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1SHU 2019 Inc
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt05465
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt12193602
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0-3
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0100 Bank Street Suite 400
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt180 Main Street
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Burlington
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1Springfield
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0VT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1VT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd005401
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd105156
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Springfield Housing Authority
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0030227779
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Affordable Housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt080 Main Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Springfield
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd005156
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.10$1.04$1.06$0.61$0.66$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.19$1.09$1.11$0.58$0.62$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.25$1.10$1.15$0.53$0.54$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.31$1.15$1.16$0.55$0.55$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.38$1.21$1.16$0.53$0.55$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.42$1.23$1.19$0.64$0.54$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.36$1.26$1.10$0.55$0.51$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.56$1.50$1.06$0.54$0.47$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.32$1.34$0.98$0.61$0.50$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.31$1.43$0.87$0.54$0.50$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.31$1.48$0.83$0.45$0.52$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$1.61$0.90$0.49$0.52$0.04
2012Summary only. Only limited summary data is available for this year.$2.48$1.54$0.94$0.47$0.39$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.18$0.09$0.02$0.02$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.18$0.09$0.07$0.01$0.06