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GILMAN HOUSING TRUST INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GILMAN HOUSING TRUST INC (EIN 03-0301520)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-12
IRS object ID
202013179349304131
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-12T11:56:19-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 AVENUE OF THE AMERICASAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030301520EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GILMAN HOUSING TRUST INCBusinessNameLine1Txt
Business Name Line2D/B/A RURAL EDGEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGILMBusinessNameControlTxt
Phone8023341541PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line148 ELM STREET PO BOX 259AddressLine1Txt
CityLYNDONVILLECityNm
State AbbreviationVTStateAbbreviationCd
ZIP05851ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATRICK SHATTUCKPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8023341541PhoneNum
Signature2020-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKY CPAPreparerPersonNm
PTINP01273422PTIN
Phone2122970400PhoneNum
Preparation2020-11-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.59.242.37IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-11IPDt
IP Tm15:23:03IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdC8F0F8457CE5502B3B3A8220502BD7E11BF8A217AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPATRICK SHATTUCKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line148 ELM STREET PO BOX 259AddressLine1Txt
CityLYNDONVILLECityNm
State AbbreviationVTStateAbbreviationCd
ZIP05851ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,256,133GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RURALEDGE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionTO DEVELOP, OWN AND MANAGE AFFORDABLE RESIDENTIAL HOUSING UNITS AND RELATED FACILITIES FOR QUALIFIED LOW-INCOME FAMILIES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee62TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,223,770PYContributionsGrantsAmt
CY Contributions Grants$814,074CYContributionsGrantsAmt
PY Program Service Revenue$2,137,249PYProgramServiceRevenueAmt
CY Program Service Revenue$2,375,883CYProgramServiceRevenueAmt
PY Investment Income$46,081PYInvestmentIncomeAmt
CY Investment Income$66,176CYInvestmentIncomeAmt
PY Other Revenue$221,200PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,628,300PYTotalRevenueAmt
CY Total Revenue$3,256,133CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,009,729PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,163,554CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,536,821PYOtherExpensesAmt
CY Other Expenses$1,084,213CYOtherExpensesAmt
PY Total Expenses$3,546,550PYTotalExpensesAmt
CY Total Expenses$3,247,767CYTotalExpensesAmt
PY Revenues Less Expenses$81,750PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,366CYRevenuesLessExpensesAmt
Total Assets BOY$13,385,044TotalAssetsBOYAmt
Total Assets EOY$13,666,948TotalAssetsEOYAmt
Total Liabilities BOY$4,988,694TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,262,232TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,396,350NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,404,716NetAssetsOrFundBalancesEOYAmt
MissionTO DEVELOP, OWN AND MANAGE AFFORDABLE RESIDENTIAL HOUSING UNITS AND RELATED FACILITIES FOR QUALIFIED LOW-INCOME FAMILIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,161,878ExpenseAmt
Revenue$2,375,883RevenueAmt
DescPROVIDES AFFORDABLE HOUSING TO LOW-INCOME FAMILIES IN NORTHERN VERMONT.Desc
Total Program Service Expenses$3,161,878TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee62EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PATRICK SHATTUCKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8024733925PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 86AddressLine1Txt
CityLYDONVILLECityNm
State AbbreviationVTStateAbbreviationCd
ZIP05851ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LORRAINE JANOWSKI
DIRECTOR1.005.00Yes (X)$0$0$0
LOUISE BONVECHIO
PRESIDENT1.005.00Yes (X)$0$0$0Yes (X)
PATRICIA SEARS
VICE PRESIDENT/SECRETARY1.005.00Yes (X)$0$0$0Yes (X)
REVEREND JEFFREY POTTER
DIRECTOR1.005.00Yes (X)$0$0$0
SCOTT CAMPBELL
DIRECTOR1.005.00Yes (X)$0$0$0
TIM O'NEILL
TREASURER1.005.00Yes (X)$0$0$0Yes (X)
VICTORIA STRONG
DIRECTOR1.005.00Yes (X)$0$0$0
WANDA SEARS
DIRECTOR1.005.00Yes (X)$0$0$0
DIANA CAZAUDUMEC
DIRECTOR OF FINANCE40.005.00$83,476$0$13,208Yes (X)
PATRICK FLOOD
OUTGOING EXECUTIVE DIRECTOR40.005.00$6,000$0$0Yes (X)
PATRICK SHATTUCK
EXECUTIVE DIRECTOR40.005.00$95,307$0$15,576Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$184,783TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$28,784TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$70,000GovernmentGrantsAmt
All Other Contributions$744,074AllOtherContributionsAmt
Total Contributions$814,074TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROPERTY MANAGEMENT531110$1,352,783$1,352,783
SUPPORT SERVICES531110$521,920$521,920
DEVELOPMENT FEES531110$419,750$419,750
OTHER MANAGMENT FEES531110$81,180$81,180
RELOCATION SERVICES531110$250$250
FieldValueIRS element (for citing)
Total Program Service Revenue$2,375,883TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$66,176TotalRevenueColumnAmt
Exclusion$66,176ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,256,133TotalRevenueColumnAmt
Related Or Exempt Func Income$2,375,883RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$66,176ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$184,783TotalAmt
Program Services$184,783ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,604,420TotalAmt
Program Services$1,604,420ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$18,279TotalAmt
Program Services$18,279ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$180,137TotalAmt
Program Services$180,137ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$175,935TotalAmt
Program Services$175,935ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$31,947TotalAmt
Program Services$5,290ProgramServicesAmt
Management And General$26,657ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$12,342TotalAmt
Program Services$12,342ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$59,232TotalAmt
Management And General$59,232ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,622TotalAmt
Program Services$9,622ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,914TotalAmt
Program Services$8,914ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$104,571TotalAmt
Program Services$104,571ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$56,520TotalAmt
Program Services$56,520ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$25,089TotalAmt
Program Services$25,089ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$109,687TotalAmt
Program Services$109,687ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,108TotalAmt
Program Services$1,108ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$57,121TotalAmt
Program Services$57,121ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$23,108TotalAmt
Program Services$23,108ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,661TotalAmt
Program Services$12,661ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
OPERATING AND MAINTENAN$336,522$336,522
BAD DEBTS$235,565$235,565
OTHER EXPENSES$204$204

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,247,767TotalAmt
Program Services$3,161,878ProgramServicesAmt
Management And General$85,889ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,387,317BOYAmt
EOY$1,273,695EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$125,198BOYAmt
EOY$96,240EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$46,819BOYAmt
EOY$19,207EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$4,504,828BOYAmt
EOY$4,489,302EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,762BOYAmt
EOY$28,155EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,866,268LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$488,065LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,045,594BOYAmt
EOY$1,378,203EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,793,330BOYAmt
EOY$2,061,292EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,478,196BOYAmt
EOY$4,320,854EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,385,044BOYAmt
EOY$13,666,948EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$376,316BOYAmt
EOY$210,149EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$392,800BOYAmt
EOY$184,408EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,441,001BOYAmt
EOY$4,403,404EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$778,577BOYAmt
EOY$464,271EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,988,694BOYAmt
EOY$5,262,232EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,013,413BOYAmt
EOY$4,426,558EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,382,937BOYAmt
EOY$3,978,158EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,396,350BOYAmt
EOY$8,404,716EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,385,044BOYAmt
EOY$13,666,948EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$8,366ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,211,588CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,306,531CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,106,556CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,223,770CurrentTaxYearMinus1YearAmt
Current Tax Year$814,074CurrentTaxYearAmt
Total$5,662,519TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,211,588CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,306,531CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,106,556CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,223,770CurrentTaxYearMinus1YearAmt
Current Tax Year$814,074CurrentTaxYearAmt
Total$5,662,519TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$5,662,519PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$31,739CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$51,187CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$60,757CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$46,081CurrentTaxYearMinus1YearAmt
Current Tax Year$66,176CurrentTaxYearAmt
Total$255,940TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$71,306CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$221,200CurrentTaxYearMinus1YearAmt
Total$292,506TotalAmt
FieldValueIRS element (for citing)
Total Support$6,210,965TotalSupportAmt
Gross Receipts Rltd Activities$12,918,096GrossReceiptsRltdActivitiesAmt
Public Support CY1700.91170PublicSupportCY170Pct
Public Support PY1700.91910PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationTAX CREDIT INCOME - 2017 AMOUNT: $ 46,000. 2018 AMOUNT: $ 121,200. FORGIVENESS OF DEBT - 2017 AMOUNT: $ 25,306. 2018 AMOUNT: $ 100,000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$108,312OtherCostOrOtherBasisAmt
Book Value$108,312BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$745,290OtherCostOrOtherBasisAmt
Depreciation$169,273DepreciationAmt
Book Value$576,017BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$103,321OtherCostOrOtherBasisAmt
Depreciation$93,741DepreciationAmt
Book Value$9,580BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$909,345OtherCostOrOtherBasisAmt
Depreciation$225,051DepreciationAmt
Book Value$684,294BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,378,203TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT IN PARTNERSHIPS$1,923,337C
INVESTMENTS IN CORPORATIONS$137,955C
FieldValueIRS element (for citing)
Total Book Value Securities$2,061,292TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
DUE FROM RELATED PARTIES$3,352,740
DEFERRED INTEREST RECEIVABLE$524,927
DEVELOPMENT FEE RECEIVABLE$327,578
TENANT SECURITY DEPOSITS$111,264
MISCELLANEOUS CURRENT ASSET$4,345
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,320,854TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LINE OF CREDIT$260,038
DEFERRED DEVELOPMENT FEE$204,233
FieldValueIRS element (for citing)
Total Liability$464,271TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,477,594TotalRevEtcAuditedFinclStmtAmt
Other Revenue$3,221,461OtherRevenueAmt
Revenue Not Reported$3,221,461RevenueNotReportedAmt
Revenue Subtotal$3,256,133RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,256,133TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,471,047TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$4,223,280OtherExpensesIncludedAmt
Expenses Not Reported$4,223,280ExpensesNotReportedAmt
Expenses Subtotal$3,247,767ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,247,767TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:GILMAN HOUSING TRUST, INC. D/B/A RURALEDGE, GROTON VILLAGE HOUSING, INC., MEMPHREMAGOG SENIOR HOUSING, INC., PASSUMPSIC VIEW, INC. AND GILMAN HOUSING CORPORATION ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, EXCEPT FOR INCOME TAXES ON "UNRELATED BUSINESS INCOME", IF ANY. FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, THESE ENTITIES DID NOT HAVE ANY "UNRELATED BUSINESS INCOME" SUBJECT TO INCOME TAXES; ACCORDINGLY, NO PROVISION FOR INCOME TAXES FOR THESE ENTITIES HAVE BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RELATED ORGANIZATION REVENUES 4,532,318. INTERCOMPANY ELIMINATIONS -1,310,857.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RELATED ORGANIZATION EXPENSES 5,569,330. INTERCOMPANY ELIMINATIONS -1,346,050.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TWO BOARD MEMBERS HAVE A FAMILY RELATIONSHIP
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS REVIEWED BY THE CEO PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CALL TRANSACTION ARE REVIEWED TO COMPLY WITH THE ORGANIZATION CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION REVIEWS COMPENSATION DATA OF COMPARABLE ORGANIZATIONS IN THE AREA.
FORM 990, PART VI, SECTION C, LINE 19ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990 XII LINE 2CTHE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
GILMAN HOUSING CORPORATION
48 ELM STREET PO BOX 259LYNDONVILLEVT05851222540936AFFORDABLE HOUSINGVT501(C)(3)LINE 7GHT INC0
GROTON VILLAGE HOUSING INC
48 ELM STREET PO BOX 259LYNDONVILLEVT05851043351391AFFORDABLE HOUSINGVT501(C)(3)LINE 7GHT INC0
MEMPHREMAGOG SENIOR CITIZEN HOUSING INC
48 ELM STREET PO BOX 259LYNDONVILLEVT05851030284101AFFORDABLE HOUSINGVT501(C)(3)LINE 7GHT INC0
NCDC INC
48 ELM STREET PO BOX 259LYNDONVILLEVT05851030271040AFFORDABLE HOUSINGVT501(C)(3)LINE 7GHT INC0
PASSUMPSIC VIEW INC
48 ELM STREET PO BOX 259LYNDONVILLEVT05851800030492AFFORDABLE HOUSINGVT501(C)(3)LINE 7GHT INC0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (19 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACd
CALEDONIA HOUSING PARTNERSHIP
123 ST PAUL STREETBURLINGTONVT05401030310520AFFORDABLE HOUSINGVTN/A
CRYSTAL LAKE HOUSING LP
123 ST PAUL STREETBURLINGTONVT05401030361428AFFORDABLE HOUSINGVTN/A
DARLING INN COMPANY
PO BOX 259LYNDONVILLEVT05851030276684AFFORDABLE HOUSINGVTN/A
DEAN HALE LLC
PO BOX 86LYNDONVILLEVT05851204808022AFFORDABLE HOUSINGVTN/A
DERBY HOUSING LP
PO BOX 259LYNDONVILLEVT05851030334781AFFORDABLE HOUSINGVTN/A
GLOVER HOUSING LIMITED PARTNERSHIP
PO BOX 259LYNDONVILLEVT05851203903332AFFORDABLE HOUSINGVTN/A
GROTON COMMUNITY HOUSING LP
100 BANK STREETBURLINGTONVT05401061687666AFFORDABLE HOUSINGVTN/A
HILLTOP FAMILY HOUSING LP
PO BOX 259LYNDONVILLEVT05851453089848AFFORDABLE HOUSINGVTN/A
JOHNS RIVER APARTMENTS LP
48 ELM STREETLYNDONVILLEVT05851AFFORDABLE HOUSINGVTN/A
LAKEVIEW HOUSING LIMITED PARTNERSHIP
123 ST PAUL STREETBURLINGTONVT05401030357740AFFORDABLE HOUSINGVTN/A
LYNDON DARLING SENIOR HOUSING LP
48 ELM STREETLYNDONVILLEVT05851473706566AFFORDABLE HOUSINGVTN/A
LYNDON HOUSING PARTNERSHIP
PO BOX 259LYNDONVILLEVT05851030310520AFFORDABLE HOUSINGVTN/A
MOOSE RIVER HOUSING LP
100 BANK STREETBURLINGTONVT05401030369688AFFORDABLE HOUSINGVTN/A
MOUNTAINVIEW ST JAY HOUSING LP
100 BANK STREETBURLINGTONVT05401200229559AFFORDABLE HOUSINGVTN/A
NEWPORT FAMILY HOUSING LP
100 BANK STREETBURLINGTONVT05401272773648AFFORDABLE HOUSINGVTN/A
NEWPORT SENIOR HOUSING LP
PO BOX 259LYNDONVILLEVT05401262155593AFFORDABLE HOUSINGVTN/A
PARKVIEW APARTMENTS LLC
48 ELM STREETLYNDONVILLEVT05851821973274AFFORDABLE HOUSINGVTN/A
PARKVIEW NEWPORT LLC
PO BOX 259LYNDONVILLEVT05851471625501AFFORDABLE HOUSINGVTN/A
ST JOHNSBURY HOUSING PARTNERSHIP
123 ST PAUL STREETBURLINGTONVT05401030326181AFFORDABLE HOUSINGVTN/A

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
DIN 2015 LLC
48 ELM STREETLYNDONVILLEVT05851473697309RENTALVTGHT INCC1.00000Yes (1)
GHT HFH 2011 LLC
48 ELM STREETLYNDONVILLEVT05851453032307RENTALVTGHT INCC1.000000
NE VENTURES INC
PO BOX 259LYNDONVILLEVT05851203903291RENTALVTGHT INCC1.00000Yes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd