Champlain Housing Trust (Formerly Burlington Community Land Trust)

“2 board members worked for companies that had a business relationship with the organization. The board members abstained from all relevant votes.”

“The organization has members including the board of directors.”

“The board of directors are elected by its members.”

“The board of directors vote to approve governing decisions. A vote of the membership is required for any action that would result in the sale of land.”

“The form 990 is reviewed by the finance committee and is then received and accepted by the full board after it reviews and accepts the audit.”

“Per the organization's conflict of interest policy, officers, directors, and key employees are required to sign a statement annually that affirms that the person has received a copy of the policy, has read and understood it, and agrees to comply with the policy. Each new board or committee member is provided a copy of the policy prior to election and must agree to abide by its terms. Documentation is maintained by staff and the board secretary.”

“Compensation for all positions are established based on an analysis of compensation in comparable organizations in the area annually.”

“The organization has published its governing bylaws and tax return on its website. Its conflict of interest policy and minutes of board meetings are available to the public upon request.”

“Bad debts: program service expenses 121,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 121,089. Telephone: program service expenses 65,265. Management and general expenses 54,030. Fundraising expenses 0. Total expenses 119,295. Supplies: program service expenses 53,906. Management and general expenses 0. Fundraising expenses 0. Total expenses 53,906. Amortization: program service expenses 28,290. Management and general expenses 9,571. Fundraising expenses 0. Total expenses 37,861. Development: program service expenses 33,196. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,196. Postage: program service expenses 3,482. Management and general expenses 27,237. Fundraising expenses 0. Total expenses 30,719. Annual meeting: program service expenses 0. Management and general expenses 0. Fundraising expenses 27,522. Total expenses 27,522. Grant expenses: program service expenses 25,617. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,617. Dues & subscriptions: program service expenses 11,306. Management and general expenses 13,093. Fundraising expenses 0. Total expenses 24,399. Financial development: program service expenses 0. Management and general expenses 0. Fundraising expenses 21,020. Total expenses 21,020. Vcf admin fee: program service expenses 0. Management and general expenses 7,803. Fundraising expenses 0. Total expenses 7,803. Americorps expense: program service expenses 6,597. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,597. Annual report: program service expenses 6,036. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,036. Stewardship expense: program service expenses 3,651. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,651. Membership campaign: program service expenses 0. Management and general expenses 0. Fundraising expenses 2,730. Total expenses 2,730. Capital projects: program service expenses 0. Management and general expenses 0. Fundraising expenses 761. Total expenses 761. Donations: program service expenses 0. Management and general expenses 397. Fundraising expenses 0. Total expenses 397. Administrative cost allocation: program service expenses 1,701,825. Management and general expenses -1,710,390. Fundraising expenses 8,564. Total expenses -1.”