Champlain Housing Trust (Formerly Burlington Community Land Trust)

“Board members may work for companies that have relationships with the organization. The board members will abstain from any relevant votes that represent a conflict of interest.”

“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 or change in by-laws.”

“The form 990 is reviewed by the finance committee and submitted to the board of directors prior to submission.”

“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.”

“Supplies: program service expenses 123,389. Management and general expenses 36,272. Fundraising expenses 0. Total expenses 159,661. Telephone: program service expenses 80,983. Management and general expenses 67,667. Fundraising expenses 0. Total expenses 148,650. Bad debts: program service expenses 112,439. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,439. Financial development: program service expenses 0. Management and general expenses 0. Fundraising expenses 66,023. Total expenses 66,023. Amortization: program service expenses 44,910. Management and general expenses 15,994. Fundraising expenses 0. Total expenses 60,904. Stewardship expense: program service expenses 60,412. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,412. Dues & subscriptions: program service expenses 20,617. Management and general expenses 18,933. Fundraising expenses 0. Total expenses 39,550. Postage: program service expenses 1,970. Management and general expenses 24,360. Fundraising expenses 0. Total expenses 26,330. Americorps expense: program service expenses 14,195. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,195. Investment admin fee: program service expenses 0. Management and general expenses 9,127. Fundraising expenses 0. Total expenses 9,127. Donations: program service expenses 0. Management and general expenses 4,500. Fundraising expenses 1,000. Total expenses 5,500. Membership campaign: program service expenses 0. Management and general expenses 0. Fundraising expenses 5,311. Total expenses 5,311. Annual report: program service expenses 5,160. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,160. Annual meeting: program service expenses 0. Management and general expenses 0. Fundraising expenses 5,160. Total expenses 5,160. Development: program service expenses 2,005. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,005. Administrative cost allocation: program service expenses 1,851,134. Management and general expenses -1,888,716. Fundraising expenses 37,583. Total expenses 1.”