Civic Intelligence

Passumpsic View Inc C/O Gilman Housing Trust Inc

990 • Fiscal year 2017 • EIN 80-0030492

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileWWW.RURALEDGE.ORG
PO Box 259Lyndonville, VT 05851

(802) 334-1541

Siviq Scores

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

Liabilities / Assets

66th percentile

0.23x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.16x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$97,501

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 39.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

16th percentile

-6.6%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

49th percentile

3.8%

Faster revenue growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$2,261,965

Down $158,542 (-6.5%) from 2016

Net Assets

Down

$1,731,422

Down $75,671 (-4.2%) from 2016

Liabilities

Down

$530,543

Down $82,871 (-14%) from 2016

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin10th percentile

Revenue

Up

$245,391

Up $9,071 (+3.8%) from 2016

Expenses

Up

$321,062

Up $13,919 (+4.5%) from 2016

Net Income

Down

-$75,671

Down $4,848 (-6.8%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,746,243Liabilities 2011: $624,371Net Assets 2011: $2,121,8722011Assets 2012: $2,663,132Liabilities 2012: $624,722Net Assets 2012: $2,038,4102012Assets 2013: $2,615,493Liabilities 2013: $526,580Net Assets 2013: $2,088,9132013Assets 2014: $2,572,649Liabilities 2014: $528,015Net Assets 2014: $2,044,6342014Assets 2015: $2,489,228Liabilities 2015: $611,312Net Assets 2015: $1,877,9162015Assets 2016: $2,420,507Liabilities 2016: $613,414Net Assets 2016: $1,807,0932016Assets 2017: $2,261,965Liabilities 2017: $530,543Net Assets 2017: $1,731,4222017Assets 2018: $2,202,391Liabilities 2018: $547,230Net Assets 2018: $1,655,1612018Assets 2019: $2,090,759Liabilities 2019: $528,347Net Assets 2019: $1,562,4122019Assets 2020: $2,042,887Liabilities 2020: $563,812Net Assets 2020: $1,479,0752020Assets 2021: $1,961,457Liabilities 2021: $541,336Net Assets 2021: $1,420,1212021Assets 2022: $1,888,165Liabilities 2022: $565,000Net Assets 2022: $1,323,1652022Assets 2023: $1,797,615Liabilities 2023: $575,095Net Assets 2023: $1,222,5202023Assets 2024: $1,714,565Liabilities 2024: $607,634Net Assets 2024: $1,106,9312024

Highlighted filing

2017

Assets$2,261,965
Liabilities$530,543
Net Assets$1,731,422
Open 2017 Filing

Operations Trend

Revenue Growth49th percentile

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

$400K$200K$0-$200KExpenses 2011: $284,2722011Expenses 2012: $286,4722012Revenue 2013: $238,563Expenses 2013: $288,060Net Income 2013: -$49,4972013Revenue 2014: $240,184Expenses 2014: $284,463Net Income 2014: -$44,2792014Revenue 2015: $228,340Expenses 2015: $395,058Net Income 2015: -$166,7182015Revenue 2016: $236,320Expenses 2016: $307,143Net Income 2016: -$70,8232016Revenue 2017: $245,391Expenses 2017: $321,062Net Income 2017: -$75,6712017Revenue 2018: $245,331Expenses 2018: $321,592Net Income 2018: -$76,2612018Revenue 2019: $253,847Expenses 2019: $346,596Net Income 2019: -$92,7492019Revenue 2020: $250,033Expenses 2020: $333,370Net Income 2020: -$83,3372020Revenue 2021: $250,532Expenses 2021: $309,486Net Income 2021: -$58,9542021Revenue 2022: $246,540Expenses 2022: $343,496Net Income 2022: -$96,9562022Revenue 2023: $253,901Expenses 2023: $354,546Net Income 2023: -$100,6452023Revenue 2024: $260,483Expenses 2024: $376,072Net Income 2024: -$115,5892024

Highlighted filing

2017

Revenue$245,391
Expenses$321,062
Net Income-$75,671
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$245,391
Mission and Program Overview

Mission

Provide affordable housing for qualified individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,175,957$2,094,552▼ $81,405
Prepaid Expenses and Deferred Charges$7,991$8,199▲ $208
Cash and Non-Interest-Bearing Accounts$7,400$4,338▼ $3,062
Accounts Receivable$2,183$762▼ $1,421
Total Assets$2,420,507$2,261,965▼ $158,542
Other Assets Total$226,976$154,114▼ $72,862
Liabilities
Mortgage Notes Payable Secured by Investment Property$510,116$510,116→ $0
Accounts Payable and Accrued Expenses$9,201$13,408▲ $4,207
Other Liabilities$93,285$6,616▼ $86,669
Deferred Revenue$812$403▼ $409
Total Liabilities$613,414$530,543▼ $82,871
Net Assets / Fund Balance
Unrestricted Net Assets$1,807,093$1,731,422▼ $75,671
Total Net Assets Fund Balance$1,807,093$1,731,422▼ $75,671
Total Liabilities and Net Assets / Fund Balance$2,420,507$2,261,965▼ $158,542

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,022,624$1,092,042$3,114,666
Equipment$13,928$94,896$108,824
Land$58,000-$58,000
Other Land Buildings$0$19,338$19,338
Other Assets Org$6,320--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleOtherTotal
Trisha IngallsOutgoing Chief Executive Officer$97,501$97,501

Board Members and Trustees

NameTitle
Louise BonvechioPresident
Seleem ChoudhuryVice-president
Reverend Jeffrey PotterDirector
Scott CampbellDirector
Victoria StrongDirector
Patrick FloodInterim Chief Executive Officer
Patricia SearsSecretary
TIM O'NEILLTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$157,628
Program Service Revenue
$83,671
Investment Income
$237
Other Revenue
$3,855
All Other Contributions
$157,628
Change in Net Assets
$-75,671

Audited Revenue Reconciliation

Revenue per Audited Statements
$245,391
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$245,391
Total Revenue per Form 990
$245,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$303,130
Salaries, Compensation, and Employee Benefits$17,932
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$81,405--$81,405
Occupancy$68,172--$68,172
Fees for Services Management$16,800--$16,800
Other Salaries and Wages$15,836--$15,836
Insurance$14,006--$14,006
Fees for Services Accounting$1,543$8,000-$9,543
Payroll Taxes$2,096--$2,096
Office Expenses$1,476--$1,476
Other Expenses$613--$613
Advertising$338--$338
All Other Expenses$70--$70
Total Functional Expenses$313,062$8,000$0$321,062

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$321,062
Total Expenses per Audited Statements$321,062
Total Expenses per Form 990$321,062
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$6,546
Miscellaneous Current Liabilities$70
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 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
No
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 B, Line 11B

“The form 990 was reviewed by the ceo prior to submission.”

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

“All transactions are reviewed to comply with the organization conflict of interest policy.”

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
Passumpsic View Inc
EIN
80-0030492
Phone
8023341541
Address
PO BOX 259, LYNDONVILLE, VT 05851

Signing Officer

Name
Diana Cazaudumec
Title
Finance Director
Phone
8023341541
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Flood
Formed
2002
Legal Domicile
Vt
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“No changes have been made to the organization's oversight or selection processes during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation did not have any unrelated business income for the year ended december 31, 2017. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2014 remain open.”

Raw XML AppendixShowing 400 of 698 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09201
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013408
IRS990/AccountsReceivableGrp/BOYAmt02183
IRS990/AccountsReceivableGrp/EOYAmt0762
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE AFFORDABLE HOUSING FOR QUALIFIED INDIVIDUALS.
IRS990/AdvertisingGrp/ProgramServicesAmt0338
IRS990/AdvertisingGrp/TotalAmt0338
IRS990/AllOtherContributionsAmt0157628
IRS990/AllOtherExpensesGrp/ProgramServicesAmt070
IRS990/AllOtherExpensesGrp/TotalAmt070
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PATRICK FLOOD
IRS990/BooksInCareOfDetail/PhoneNum08024733925
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt048 ELM STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LYNDONVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd005851
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07400
IRS990/CashNonInterestBearingGrp/EOYAmt04338
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0157628
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0237
IRS990/CYOtherExpensesAmt0303130
IRS990/CYOtherRevenueAmt03855
IRS990/CYProgramServiceRevenueAmt083671
IRS990/CYRevenuesLessExpensesAmt0-75671
IRS990/CYSalariesCompEmpBnftPaidAmt017932
IRS990/CYTotalExpensesAmt0321062
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0245391
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0812
IRS990/DeferredRevenueGrp/EOYAmt0403
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt081405
IRS990/DepreciationDepletionGrp/TotalAmt081405
IRS990/Desc0SUBSIDIZED RENTAL LOW-INCOME HOUSING IN ST. JOHNSBURY, VT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0313062
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08000
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01543
IRS990/FeesForServicesAccountingGrp/TotalAmt09543
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt016800
IRS990/FeesForServicesManagementGrp/TotalAmt016800
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt744.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt844.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
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/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0LOUISE BONVECHIO
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICIA SEARS
IRS990/Form990PartVIISectionAGrp/PersonNm2REVEREND JEFFREY POTTER
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm4SELEEM CHOUDHURY
IRS990/Form990PartVIISectionAGrp/PersonNm5TIM O'NEILL
IRS990/Form990PartVIISectionAGrp/PersonNm6VICTORIA STRONG
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICK FLOOD
IRS990/Form990PartVIISectionAGrp/PersonNm8TRISHA INGALLS
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/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt897501
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7INTERIM CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8OUTGOING CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0245391
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014006
IRS990/InsuranceGrp/TotalAmt014006
IRS990/InvestmentIncomeGrp/ExclusionAmt0237
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0237
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01206276
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02175957
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02094552
IRS990/LandBldgEquipCostOrOtherBssAmt03300828
IRS990/LegalDomicileStateCd0VT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE AFFORDABLE HOUSING FOR QUALIFIED INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0510116
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0510116
IRS990/NetAssetsOrFundBalancesBOYAmt01807093
IRS990/NetAssetsOrFundBalancesEOYAmt01731422
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt068172
IRS990/OccupancyGrp/TotalAmt068172
IRS990/OfficeExpensesGrp/ProgramServicesAmt01476
IRS990/OfficeExpensesGrp/TotalAmt01476
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0226976
IRS990/OtherAssetsTotalGrp/EOYAmt0154114
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS
IRS990/OtherExpensesGrp/Desc1SUPPORT SERVICES
IRS990/OtherExpensesGrp/Desc2GENERAL & ADMINISTRATIV
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ProgramServicesAmt096170
IRS990/OtherExpensesGrp/ProgramServicesAmt110260
IRS990/OtherExpensesGrp/ProgramServicesAmt24277
IRS990/OtherExpensesGrp/ProgramServicesAmt3613
IRS990/OtherExpensesGrp/TotalAmt096170
IRS990/OtherExpensesGrp/TotalAmt110260
IRS990/OtherExpensesGrp/TotalAmt24277
IRS990/OtherExpensesGrp/TotalAmt3613
IRS990/OtherLiabilitiesGrp/BOYAmt093285
IRS990/OtherLiabilitiesGrp/EOYAmt06616
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03855
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03855
IRS990/OtherRevenueTotalAmt03855
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015836
IRS990/OtherSalariesAndWagesGrp/TotalAmt015836
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02096
IRS990/PayrollTaxesGrp/TotalAmt02096
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07991
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08199
IRS990/PrincipalOfficerNm0PATRICK FLOOD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt083671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt083671
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0154131
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0293
IRS990/PYOtherExpensesAmt0287589
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt081896
IRS990/PYRevenuesLessExpensesAmt0-70823
IRS990/PYSalariesCompEmpBnftPaidAmt019554
IRS990/PYTotalExpensesAmt0307143
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0236320
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-75671
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt087526
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY VENDING - 2013 AMOUNT: $ 2,390. 2014 AMOUNT: $ 2,359. 2015 AMOUNT: $ 2,137. 2016 AMOUNT: $ 1,863. 2017 AMOUNT: $ 3,855. MISCELLANEOUS - 2015 AMOUNT: $ 361.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0157628
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0154131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0142361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0155540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0150477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0760137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0237
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0293
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0275
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0239
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0257
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01301
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0414395
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03855
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01863
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02498
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02359
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02390
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012965
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98160
IRS990ScheduleA/PublicSupportPY170Pct00.99830
IRS990ScheduleA/PublicSupportTotal170Amt0760137
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0157628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0154131
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0142361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0155540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0150477
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0760137
IRS990ScheduleA/TotalSupportAmt0774403
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02022624
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01092042
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03114666
IRS990ScheduleD/EquipmentGrp/BookValueAmt013928
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094896
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108824
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0321062
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt058000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt058000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06546
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1117633
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt223615
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36320
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019338
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019338
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06546
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt170
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISCELLANEOUS CURRENT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0245391
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2017. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2014 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02094552
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0154114
IRS990ScheduleD/TotalExpensesPerForm990Amt0321062
IRS990ScheduleD/TotalLiabilityAmt06616
IRS990ScheduleD/TotalRevenuePerForm990Amt0245391
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0245391
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0321062
IRS990/ScheduleJRequiredInd00
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 FORM 990 WAS REVIEWED BY THE CEO PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL TRANSACTIONS ARE REVIEWED TO COMPLY WITH THE ORGANIZATION CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES HAVE BEEN MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.
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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0262530832
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1453032307
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2473697309
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1RENTAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2RENTAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GILMAN PROPERTY MANAGEMENT INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1GHT HFH 2011 LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2DIN 2015 LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 259
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt148 ELM STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt248 ELM STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0LYNDONVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1LYNDONVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2LYNDONVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd2VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd005851
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd105851
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd205851
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,261,965
Liabilities
$530,543
Net assets
$1,731,422
Revenue
$245,391
Expenses
$321,062
Net income
-$75,671
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.71$0.61$1.11$0.26$0.38$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.58$1.22$0.25$0.35$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.89$0.57$1.32$0.25$0.34$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.96$0.54$1.42$0.25$0.31$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.56$1.48$0.25$0.33$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.09$0.53$1.56$0.25$0.35$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.20$0.55$1.66$0.25$0.32$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.26$0.53$1.73$0.25$0.32$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.42$0.61$1.81$0.24$0.31$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.49$0.61$1.88$0.23$0.40$0.17
2014Detailed filing. Detailed filing data is available for this year.$2.57$0.53$2.04$0.24$0.28$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.62$0.53$2.09$0.24$0.29$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.62$2.04$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$0.62$2.12$0.28