Civic Intelligence

Passumpsic View Inc C/O Gilman Housing Trust Inc

990 • Fiscal year 2023 • EIN 80-0030492

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

Organization ProfileWWW.RuralEdge.org
1222 Main StreetSt Johnsbury, VT 05819

(802) 473-3925

Siviq Scores

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

Liabilities / Assets

76th percentile

0.32x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

2.27x

Higher debt load relative to revenue than 93% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

9th percentile

-40%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$148,495

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 58.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

21st percentile

-4.8%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

3.0%

Faster revenue growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$1,797,615

Down $90,550 (-4.8%) from 2022

Net Assets

Down

$1,222,520

Down $100,645 (-7.6%) from 2022

Liabilities

Up

$575,095

Up $10,095 (+1.8%) from 2022

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin9th percentile

Revenue

Up

$253,901

Up $7,361 (+3.0%) from 2022

Expenses

Up

$354,546

Up $11,050 (+3.2%) from 2022

Net Income

Down

-$100,645

Down $3,689 (-3.8%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth21st 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

2023

Assets$1,797,615
Liabilities$575,095
Net Assets$1,222,520
Open 2023 Filing

Operations Trend

Revenue Growth43rd 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

2023

Revenue$253,901
Expenses$354,546
Net Income-$100,645
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.0
Gross Receipts
$253,901
Mission and Program Overview

Mission

Provide affordable housing for qualified individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,750,319$1,666,903▼ $83,416
Savings and Temporary Cash Investments$121,279$113,123▼ $8,156
Prepaid Expenses and Deferred Charges$5,925$6,534▲ $609
Cash and Non-Interest-Bearing Accounts$1,285$1,764▲ $479
Accounts Receivable$1,194$999▼ $195
Total Assets$1,888,165$1,797,615▼ $90,550
Other Assets Total$8,163$8,292▲ $129
Liabilities
Mortgage Notes Payable Secured by Investment Property$447,500$447,500→ $0
Other Liabilities$96,866$109,665▲ $12,799
Accounts Payable and Accrued Expenses$17,634$15,026▼ $2,608
Deferred Revenue$3,000$2,904▼ $96
Total Liabilities$565,000$575,095▲ $10,095
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,989,200$1,989,200→ $0
Net Assets Without Donor Restrictions$-666,035$-766,680▼ $100,645
Total Net Assets Fund Balance$1,323,165$1,222,520▼ $100,645
Total Liabilities and Net Assets / Fund Balance$1,888,165$1,797,615▼ $90,550

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,581,274$1,570,101$3,151,375
Equipment$27,629$141,726$169,355
Land$58,000-$58,000
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleOtherTotal
Patrick ShattuckExecutive Director$148,495$148,495
Diana CazaudumecDirector of Finance and Compliance$131,051$131,051

Board Members and Trustees

NameTitle
Tim O'NeillPresident
Patricia SearsVice President
Bobby Farlice-RubioDirector
Kelsey StavsethDirector
Kimico PerryDirector
Revered Dr Jeffrey PotterDirector
Terri Lynn WilliamsDirector
Jennifer ClevelandPast Director
Scott CampbellPast Director
Loraine JanowskiSecretary
Nikole BrainardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$253,705
Investment Income
$196
Other Revenue
$0
Change in Net Assets
$-100,645

Audited Revenue Reconciliation

Revenue per Audited Statements
$253,901
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$253,901
Total Revenue per Form 990
$253,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$354,546
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$155,567--$155,567
Depreciation Depletion$87,599--$87,599
Office Expenses$26,116$14,986-$41,102
Fees for Services Management$6,636$20,700-$27,336
Insurance$12,091--$12,091
Fees for Services Accounting-$9,600-$9,600
Fees for Services Other$4,880--$4,880
Information Technology$2,268--$2,268
Fees for Services Legal-$897-$897
Travel-$448-$448
Conferences and Meetings-$348-$348
Other Expenses$14--$14
Total Functional Expenses$307,567$46,979$0$354,546

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$354,546
Total Expenses per Audited Statements$354,546
Total Expenses per Form 990$354,546
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
Due to Related Party$101,276
Security Deposits$8,292
Due to HUD$97
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
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
8024733925
Address
1222 Main Street, St Johnsbury, VT 05819

Signing Officer

Name
Patrick Shattuck
Title
Executive Director
Phone
8024733925
Signed
2024-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Shattuck
Formed
2002
Legal Domicile
Vt
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
11

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
1000 Elm Street 4th Floor, Manchester, NH 03101
Preparer
Melissa Magoon CPA
Phone
6036697337
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 10: Land, Buildings, and Equipment:

“Section 1.263(a)-3(n) Election: Passumpsic View, Inc. c/o Gilman Housing Trust, Inc. 1222 Main Street St. Johnsbury, VT 05819 EIN: 80-0030492 Passumpsic View is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

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

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IRS990/MissionDesc0Provide affordable housing for qualified individuals.
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IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0447500
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0447500
IRS990/NetAssetsOrFundBalancesBOYAmt01323165
IRS990/NetAssetsOrFundBalancesEOYAmt01222520
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-666035
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-766680
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0155567
IRS990/OccupancyGrp/TotalAmt0155567
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014986
IRS990/OfficeExpensesGrp/ProgramServicesAmt026116
IRS990/OfficeExpensesGrp/TotalAmt041102
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08163
IRS990/OtherAssetsTotalGrp/EOYAmt08292
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Elderly care
IRS990/OtherExpensesGrp/Desc1Residual receipts recap
IRS990/OtherExpensesGrp/ProgramServicesAmt012396
IRS990/OtherExpensesGrp/ProgramServicesAmt114
IRS990/OtherExpensesGrp/TotalAmt012396
IRS990/OtherExpensesGrp/TotalAmt114
IRS990/OtherLiabilitiesGrp/BOYAmt096866
IRS990/OtherLiabilitiesGrp/EOYAmt0109665
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05925
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06534
IRS990/PrincipalOfficerNm0Patrick Shattuck
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Other Operating Revenu
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0250443
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0250443
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13262
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0145
IRS990/PYOtherExpensesAmt0343496
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0246395
IRS990/PYRevenuesLessExpensesAmt0-96956
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0343496
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0246540
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-100645
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0253705
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0121279
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0113123
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Laundry Vending - 2019 Amount: $ 3,879. Miscellaneous - 2019 Amount: $ 697.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0171284
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0171284
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0196
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0165
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0161
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0138
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0253705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0246395
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0250367
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0249872
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt077849
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01078188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0196
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0165
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0805
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04576
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04576
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.61670
IRS990ScheduleA/PublicSupportPY509Pct00.71510
IRS990ScheduleA/PublicSupportTotal509Amt0773907
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0129664
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0113357
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0117133
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0115411
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0475565
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0129664
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0113357
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0117133
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0115411
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0475565
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0253705
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0246395
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0250367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0249872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0249133
IRS990ScheduleA/Total509Grp/TotalAmt01249472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0253901
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0246540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0250532
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0250033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0253847
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01254853
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01581274
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01570101
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03151375
IRS990ScheduleD/EquipmentGrp/BookValueAmt027629
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0141726
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0169355
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0354546
IRS990ScheduleD/LandGrp/BookValueAmt058000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt058000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2101276
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to HUD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to Related Party
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0253901
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01666903
IRS990ScheduleD/TotalExpensesPerForm990Amt0354546
IRS990ScheduleD/TotalLiabilityAmt0109665
IRS990ScheduleD/TotalRevenuePerForm990Amt0253901
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0253901
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0354546
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/ExplanationTxt5Section 1.263(a)-3(n) Election: Passumpsic View, Inc. c/o Gilman Housing Trust, Inc. 1222 Main Street St. Johnsbury, VT 05819 EIN: 80-0030492 Passumpsic View is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).
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

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,797,615
Liabilities
$575,095
Net assets
$1,222,520
Revenue
$253,901
Expenses
$354,546
Net income
-$100,645
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