2022-02-14T14:10:06-06:00 2021-09-30 030302296 KITTELL BRANAGAN & SARGENT 154 N MAIN ST ST ALBANS VT 05478 990 2020-10-01 030305214 THE HOUSING FOUNDATION INC HOUS 8028283006 PO BOX 157 MONTPELIER VT 056010157 JONATHAN BOND EXECUTIVE DIRECTOR 8028283003 2021-01-13 true JONATHAN BOND 999009999 GREGORY SARGENT CPA P01402903 8025249531 2022-02-14 2020 2022-09-23 18:48:47Z JONATHAN BOND ONE PROSPECT STREET MONTPELIER VT 05602 7257623 false X WWW.HFIVT.ORG X 1986 VT THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK. 9 9 1 0 76830 44557 6810063 7119437 25876 46104 0 6912769 7210098 0 0 105768 105768 0 0 6207785 6252040 6313553 6357808 599216 852290 37149069 36960857 19498858 18458356 17650211 18502501 X THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK. false false 5925781 7157309 RENTAL OF LOW INCOME HOUSING. AT THE CLOSE OF THE YEAR, THE CORPORATION OWNED AND/OR OPERATED 1,240 UNITS OF HOUSING. 288385 ACQUISITION OF LOW INCOME HOUSING STOCK FOR THE PURPOSE OF PRESERVING AFFORDABLE HOUSING. 6214166 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 48 0 true 1 true false false false false false false false false false false false false X 9 9 false true false false false false false true true false false true true true true false false true true false X X KELLY PEMBROKE 8028283006 1 PROSPECT STREET MONTPELIER VT 056023556 JONATHAN BOND EXECUTIVE DI 40.00 0.00 X 95000 0 0 ALISON BELL PRESIDENT 2.00 0.00 X X 0 0 0 CHARLES CHERHONIAK BOARD MEMBER 2.00 0.00 X 0 0 0 ROBERT DOSTIS SEC./TREAS. 2.00 0.00 X X 0 0 0 CHARLES GRENIER BOARD MEMBER 2.00 0.00 X 0 0 0 MARY HOUGHTON VP 2.00 0.00 X X 0 0 0 TIM JERMAN BOARD MEMBER 2.00 0.00 X 0 0 0 CAROLYN LITTLE BOARD MEMBER 2.00 X 0 0 0 MICHAEL LORRAINE BOARD MEMBER 2.00 0.00 X 0 0 0 DAVID MUZZY BOARD MEMBER 2.00 0.00 X 0 0 0 95000 false false false VERMONT STATE HOUSING AUTHORITY 1 PROSPECT STREET MONTPELIER VT 05602 ACCT./MGMNT 861581 ALPINE BUILDING RESTORATION INC 7 EAST COUNTRYSIDE ROAD WATERBURY VT 05676 MASONRY 268460 GREEN MOUNTAIN POWER CORP PO BOX 1611 BRATTLEBORO VT 05302 GENERAL CONTRAC 123664 WALKER CONSTRUCTION INC PO BOX 538 STOWE VT 05672 CONSTRUCTION 115568 MYERS CONTAINERS SERVICE CORP PO BOX 38 WINOOSKI VT 05404 WASTE MANAGEMEN 105069 6 44557 44557 PROJECT/MHP RENTS 531310 6887477 6887477 OTHER INCOME 531310 231960 231960 7119437 8232 8232 85397 47525 37872 37872 37872 7210098 7157309 8232 95000 95000 3500 3500 7268 7268 1207344 1207344 123983 120176 3807 25 25 3065071 3065071 292540 288385 4155 1230305 1230305 197434 186825 10609 OTHER ADMIN 101179 78376 22803 COLLECTION LOSSES 30097 30097 GRANT EXPENSE 4062 4062 6357808 6214166 143642 0 3653680 3903109 3455579 3846814 384050 330373 1171901 1126560 1838 19634 20082 50868729 24369929 27592296 26498800 870091 831047 404072 37149069 36960857 977217 1093573 531388 495234 3373543 2618104 14616710 14251445 19498858 18458356 X 16109042 17009281 1541169 1493220 17650211 18502501 37149069 36960857 852290 X false true X true true true X 162017 185308 299678 76830 44557 768390 162017 185308 299678 76830 44557 768390 768390 20930 28447 37261 25876 8232 120746 889136 33514599 0.86420 0.86290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13366261 13366261 18549697 9481315 9068382 18671969 14685720 3986249 255128 202894 52234 25674 25674 26498800 X 7210098 7210098 7210098 6357808 6357808 6357808 SCHEDULE D, PAGE 3, PART X CONSIDERATION HAS BEEN GIVEN TO UNCERTAIN TAX POSITIONS. THE FEDERAL INCOME TAX RETURNS FOR THE YEARS ENDED AFTER SEPTEMBER 30, 2018, REMAIN OPEN FOR POTENTIAL EXAMINATION BY MAJOR TAX JURISDICTIONS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. A TD BANKNORTH - 2003 BOND 030305214 2003-04-15 6475000 AFFORDABLE HOUSING true false false A 6475000 6475000 2003 false false true true A false false false false false false true A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION TD BANKNORTH - 2003 BOND AFFORDABLE HOUSING FORM 990 - ORGANIZATION'S MISSION THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK. FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION DELEGATES MANAGEMENT DUTIES TO VERMONT STATE HOUSING AUTHORITY AND ALLIANCE PROPERTY MANAGEMENT, INC. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE THE BOARD OF THE HOUSING FOUNDATION, INC. AND SIGNED UPON APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS ADOPTED BY THE BOARD OF DIRECTORS. EACH DIRECTOR SIGNS A COPY OF THE POLICY TO ENSURE THAT THEY UNDERSTAND THAT ALL CONFLICTS OR POTENTIAL CONFLICTS MUST BE DISCLOSED. THESE DISCLOSURES ARE KEPT IN A CURRENT FILE. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B BOARD MEMBERS MAY ELECT TO BE PAID A PER DIEM RATE OF 50 PER MEETING - THE BOARD MEETS APPROXIMATELY 6 TIMES A YEAR. BOARD MEMBERS ALSO MAY ELECT TO BE REIMBURSED FOR MILEAGE. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. VILLAGE APARTMENTS LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030323996 HOUSING VT NA RELATED 305 12435 false true 0.01000 WILLIAMSTOWN HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 030330681 HOUSING VT NA RELATED -33 14689 false true 0.05000 BRANDON HOUSING LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030337059 HOUSING VT NA RELATED -196 18057 false true 0.01000 MIDDLEBURY HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 010442720 HOUSING VT NA RELATED 810 62344 false true 0.05000 HOLLOW DRIVE HOUSING LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030369483 HOUSING VT NA RELATED -39 72893 false true 0.02500 WHITE RIVER HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 721543622 HOUSING VT NA RELATED -40 230916 false true 0.00100 UPPER VALLEY HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 721543628 HOUSING VT NA RELATED -105 238861 false true 0.01000 NORTHFIELD HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 202825779 HOUSING VT NA RELATED -318 318005 false true 0.05000 MEADOWLANE HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 260445242 HOUSING VT NA RELATED -13 322086 false true 0.00010 RIVER BEND HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 263302612 HOUSING VT NA RELATED -7 198329 false true 0.05000 DEPOT II HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 451617291 HOUSING VT NA RELATED -4 101723 false true 0.00010 SWANTON HOUSING ASSOCIATES I LP PO BOX 157 MONTPELIER VT 05602 452989591 HOUSING VT NA RELATED -7 119420 false true 0.00010 HOLY ANGELS LLC 7 TOZER ROAD BEVERLY MA 01915 900704508 HOUSING VT NA RELATED 299 14841 false false 0.01000 BARDWELL LLC 7 TOZER ROAD BEVERLY MA 01915 463752338 HOUSING VT NA RELATED 630 33361 false false 0.01000 VVII HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 462108863 HOUSING VT NA RELATED -4 81708 false true 0.05000 HILLCREST VIEWS LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030321817 HOUSING VT NA RELATED 41300 1218112 false false 0.95000 HOLLISTER HILL HOUSING ASSOC LP PO BOX 157 MONTPELIER VT 05601 820789090 HOUSING VT N/A RELATED -11 98274 false true 0.00010 false false false true false false false false false false false true true false false true true false false