Civic Intelligence

Barton Chambers Apartments Inc.

EIN 23-7385650 • 501(c)3 • Barton, VT

Pub. 78 Eligible

Profile

To provide low cost elderly housing

PO Box 248Barton, VT 05822
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.18x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

2.41x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

54th percentile

6.3%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

32nd percentile

-2.1%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

50th percentile

7.2%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,080,272

Down $22,898 (-2.1%) from 2024

Liabilities

Down

$1,274,569

Down $56,308 (-4.2%) from 2024

Net Assets

Up

-$194,297

Up $33,410 (+15%) from 2024

Revenue

Up

$529,963

Up $35,401 (+7.2%) from 2024

Expenses

Up

$496,553

Up $41,064 (+9.0%) from 2024

Net Income

Down

$33,410

Down $5,663 (-14%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2013: $1,545,638Liabilities 2013: $1,740,587Net Assets 2013: -$194,9492013Assets 2014: $1,514,756Liabilities 2014: $1,725,780Net Assets 2014: -$211,0242014Assets 2015: $1,503,089Liabilities 2015: $1,717,933Net Assets 2015: -$214,8442015Assets 2016: $1,478,318Liabilities 2016: $1,667,594Net Assets 2016: -$189,2762016Assets 2017: $1,456,905Liabilities 2017: $1,643,577Net Assets 2017: -$186,6722017Assets 2018: $1,438,037Liabilities 2018: $1,612,515Net Assets 2018: -$174,4782018Assets 2019: $1,359,512Liabilities 2019: $1,570,016Net Assets 2019: -$210,5042019Assets 2020: $1,294,873Liabilities 2020: $1,538,730Net Assets 2020: -$243,8572020Assets 2021: $1,218,719Liabilities 2021: $1,486,242Net Assets 2021: -$267,5232021Assets 2022: $1,162,353Liabilities 2022: $1,438,762Net Assets 2022: -$276,4092022Assets 2023: $1,123,924Liabilities 2023: $1,390,704Net Assets 2023: -$266,7802023Assets 2024: $1,103,170Liabilities 2024: $1,330,877Net Assets 2024: -$227,7072024Assets 2025: $1,080,272Liabilities 2025: $1,274,569Net Assets 2025: -$194,2972025

Highlighted filing

2025

Assets$1,080,272
Liabilities$1,274,569
Net Assets-$194,297

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $358,918Expenses 2013: $386,948Net Income 2013: -$28,0302013Revenue 2014: $377,885Expenses 2014: $393,960Net Income 2014: -$16,0752014Revenue 2015: $383,856Expenses 2015: $387,676Net Income 2015: -$3,8202015Revenue 2016: $401,901Expenses 2016: $376,333Net Income 2016: $25,5682016Revenue 2017: $391,699Expenses 2017: $389,095Net Income 2017: $2,6042017Revenue 2018: $404,378Expenses 2018: $392,184Net Income 2018: $12,1942018Revenue 2019: $395,992Expenses 2019: $432,018Net Income 2019: -$36,0262019Revenue 2020: $391,250Expenses 2020: $424,603Net Income 2020: -$33,3532020Revenue 2021: $412,593Expenses 2021: $436,259Net Income 2021: -$23,6662021Revenue 2022: $415,808Expenses 2022: $424,694Net Income 2022: -$8,8862022Revenue 2023: $459,528Expenses 2023: $449,899Net Income 2023: $9,6292023Revenue 2024: $494,562Expenses 2024: $455,489Net Income 2024: $39,0732024Revenue 2025: $529,963Expenses 2025: $496,553Net Income 2025: $33,4102025

Highlighted filing

2025

Revenue$529,963
Expenses$496,553
Net Income$33,410

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 16, 2026
Return Version
2025v4.0
Gross Receipts
$529,963
Mission and Program Overview

Mission

To provide low cost elderly housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,004,934$991,188▼ $13,746
Savings and Temporary Cash Investments$73,895$64,572▼ $9,323
Inventories for Sale or Use$12,944$12,492▼ $452
Prepaid Expenses and Deferred Charges$11,377$12,020▲ $643
Pledges and Grants Receivable$20--
Rtn Earn Endowment Incm Other Fnds$-227,707$-194,297▲ $33,410
Total Assets$1,103,170$1,080,272▼ $22,898
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,298,330$1,243,204▼ $55,126
Other Liabilities$19,897$20,479▲ $582
Accounts Payable and Accrued Expenses$12,650$10,886▼ $1,764
Total Liabilities$1,330,877$1,274,569▼ $56,308
Net Assets / Fund Balance
Total Net Assets Fund Balance$-227,707$-194,297▲ $33,410
Total Liabilities and Net Assets / Fund Balance$1,103,170$1,080,272▼ $22,898

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$556,365$2,385,975$2,942,340
Equipment$191,226$335,481$526,707
Land$243,597-$243,597
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter TarboxPresident
Maria BlissDirector
Marsha SicardDirector
Pam PoginySecretary
Lori WellsTreausrer
Kathy WhiteVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$523,022
Investment Income
$40
Other Revenue
$6,901
Change in Net Assets
$33,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$529,963
Revenue Not Reported on Form 990
$107,821
Total Revenue per Audited Statements
$637,784
Total Revenue per Form 990
$529,963
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$402,825
Salaries, Compensation, and Employee Benefits$93,728
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$242,580--$242,580
Depreciation Depletion$104,961--$104,961
Other Salaries and Wages$53,550--$53,550
Current Officers, Directors, Trustees, and Key Employees-$33,470-$33,470
Insurance$28,911--$28,911
Fees for Services Accounting-$12,000-$12,000
Payroll Taxes$3,891$2,817-$6,708
Office Expenses$1,908--$1,908
Other Expenses$1,848--$1,848
Advertising$496--$496
Total Functional Expenses$448,266$48,287$0$496,553

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$604,374
Expenses per Audited Statements$496,553
Total Expenses per Form 990$496,553
Expenses Not Reported on Form 990$107,821
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
Security Deposits$19,882
Accrued Liabilities$597
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board president reviews and signs the 990 as many of the board members are out of state during the winter months. The 990 is available for the board to review and it is presented with the audited financials to the full board at their mid-may annual meeting.

Form 990, Page 6, Part VI, Line 12C

The organization has signed and submitted contracts to rd/udag agreeing to adhere to rules promulagated in the hb-2-3560 which includes in section 1 (3.4), section 2 (3.6) (and others) procedures to be followed regarding identity of interest.

Form 990, Page 6, Part VI, Line 15A

The board establishes the site manager's compensation prior to the annual budget preparation in august.

Form 990, Page 6, Part VI, Line 15B

Other employees are evaluated for rate increases in august prior to the budget submission to rural development.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Barton Chambers Apartments Inc
EIN
23-7385650
Phone
8025253907
Address
PO BOX 248, BARTON, VT 05822

Signing Officer

Name
Melissa Smith
Title
Manager
Phone
8025253907
Signed
2026-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Tarbox
Formed
1974
Legal Domicile
Vt
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
Kittell Branagan & Sargent
Address
154 N MAIN ST, ST ALBANS, VT 05478
Preparer
Andrew Bachand CPA
Phone
8025249531
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Interest subsidy reported as revenue on fs 107,821 interest subsidy netted with interest expense on 990 -107,821

Financial Statement Notes

Schedule D, Page 3, Part X

Barton chambers apartments, inc. Is exempt from federal and state income taxes under internal revenue code section 501(c)(3) and is recognized as a non-profit corporation by the state of vermont. Consideration has been given to uncertain tax positions. The federal income tax returns for the years ended after december 31, 2022, remain open for potential examination by major tax jurisdictions, generally for three years after they were filed.

Schedule D, Page 4, Part XI, Line 2D

Interest subsidy reported as revenue on fs 107,821

Schedule D, Page 4, Part XII, Line 2D

Interest subsidy netted with interest expense on 990 107,821

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IRS990ScheduleA/PublicSupportPY170Pct00.95800
IRS990ScheduleA/PublicSupportTotal170Amt0916500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0260895
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0230166
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0210522
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0214917
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0916500
IRS990ScheduleA/TotalSupportAmt0956246
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0556365
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02385975
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02942340
IRS990ScheduleD/EquipmentGrp/BookValueAmt0191226
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0335481
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0526707
IRS990ScheduleD/ExpensesNotReportedAmt0107821
IRS990ScheduleD/ExpensesSubtotalAmt0496553
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0243597
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0243597
IRS990ScheduleD/OtherExpensesIncludedAmt0107821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LIABILITIES
IRS990ScheduleD/OtherRevenueAmt0107821
IRS990ScheduleD/RevenueNotReportedAmt0107821
IRS990ScheduleD/RevenueSubtotalAmt0529963
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BARTON CHAMBERS APARTMENTS, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS RECOGNIZED AS A NON-PROFIT CORPORATION BY THE STATE OF VERMONT. CONSIDERATION HAS BEEN GIVEN TO UNCERTAIN TAX POSITIONS. THE FEDERAL INCOME TAX RETURNS FOR THE YEARS ENDED AFTER DECEMBER 31, 2022, REMAIN OPEN FOR POTENTIAL EXAMINATION BY MAJOR TAX JURISDICTIONS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST SUBSIDY REPORTED AS REVENUE ON FS 107,821
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTEREST SUBSIDY NETTED WITH INTEREST EXPENSE ON 990 107,821
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0991188
IRS990ScheduleD/TotalExpensesPerForm990Amt0496553
IRS990ScheduleD/TotalLiabilityAmt020479
IRS990ScheduleD/TotalRevenuePerForm990Amt0529963
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0637784
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0604374
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD PRESIDENT REVIEWS AND SIGNS THE 990 AS MANY OF THE BOARD MEMBERS ARE OUT OF STATE DURING THE WINTER MONTHS. THE 990 IS AVAILABLE FOR THE BOARD TO REVIEW AND IT IS PRESENTED WITH THE AUDITED FINANCIALS TO THE FULL BOARD AT THEIR MID-MAY ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS SIGNED AND SUBMITTED CONTRACTS TO RD/UDAG AGREEING TO ADHERE TO RULES PROMULAGATED IN THE HB-2-3560 WHICH INCLUDES IN SECTION 1 (3.4), SECTION 2 (3.6) (AND OTHERS) PROCEDURES TO BE FOLLOWED REGARDING IDENTITY OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ESTABLISHES THE SITE MANAGER'S COMPENSATION PRIOR TO THE ANNUAL BUDGET PREPARATION IN AUGUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER EMPLOYEES ARE EVALUATED FOR RATE INCREASES IN AUGUST PRIOR TO THE BUDGET SUBMISSION TO RURAL DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INTEREST SUBSIDY REPORTED AS REVENUE ON FS 107,821 INTEREST SUBSIDY NETTED WITH INTEREST EXPENSE ON 990 -107,821
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01103170
IRS990/TotalAssetsEOYAmt01080272
IRS990/TotalAssetsGrp/BOYAmt01103170
IRS990/TotalAssetsGrp/EOYAmt01080272
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048287
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0448266
IRS990/TotalFunctionalExpensesGrp/TotalAmt0496553
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01330877
IRS990/TotalLiabilitiesEOYAmt01274569
IRS990/TotalLiabilitiesGrp/BOYAmt01330877
IRS990/TotalLiabilitiesGrp/EOYAmt01274569
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-227707
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-194297
IRS990/TotalProgramServiceExpensesAmt0448266
IRS990/TotalProgramServiceRevenueAmt0523022
IRS990/TotalRevenueGrp/ExclusionAmt040
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0529923
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0529963
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01103170
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01080272
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 315
IRS990/USAddress/CityNm0BARTON
IRS990/USAddress/StateAbbreviationCd0VT
IRS990/USAddress/ZIPCd005822
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08025253907
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BARTON CHAMBERS APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0BART
ReturnHeader/Filer/EIN0237385650
ReturnHeader/Filer/PhoneNum08025253907
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 248
ReturnHeader/Filer/USAddress/CityNm0BARTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005822
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030302296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KITTELL BRANAGAN & SARGENT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0154 N MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST ALBANS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005478
ReturnHeader/PreparerPersonGrp/PhoneNum08025249531
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW BACHAND CPA
ReturnHeader/ReturnTs02026-02-17T17:14:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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