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GILMAN HOUSING TRUST INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
GILMAN HOUSING TRUST INC (EIN 03-0301520)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-13
IRS object ID
201923179349304542
Schema version
2018v3.1
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)
Return2019-11-13T14:07:39-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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)
PersonDIANA CAZAUDUMECPersonNm
Person TitleFINANCE DIRECTORPersonTitleTxt
Phone8023341541PhoneNum
Signature2019-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKY CPAPreparerPersonNm
PTINP01273422PTIN
Phone2122970400PhoneNum
Preparation2019-11-13PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.59.242.22IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-13IPDt
IP Tm09:04:37IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdF9BA0E82A6D947CC92540FBC56E8B73643681DA5AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPATRICK FLOODPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line148 ELM STREET PO BOX 259AddressLine1Txt
CityLYNDONVILLECityNm
State AbbreviationVTStateAbbreviationCd
ZIP05851ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,628,300GrossReceiptsAmt
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 Employee59TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,106,556PYContributionsGrantsAmt
CY Contributions Grants$1,223,770CYContributionsGrantsAmt
PY Program Service Revenue$1,180,198PYProgramServiceRevenueAmt
CY Program Service Revenue$2,137,249CYProgramServiceRevenueAmt
PY Investment Income$60,757PYInvestmentIncomeAmt
CY Investment Income$46,081CYInvestmentIncomeAmt
PY Other Revenue$71,306PYOtherRevenueAmt
CY Other Revenue$221,200CYOtherRevenueAmt
PY Total Revenue$2,418,817PYTotalRevenueAmt
CY Total Revenue$3,628,300CYTotalRevenueAmt
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$1,241,213PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,009,729CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,640,133PYOtherExpensesAmt
CY Other Expenses$1,536,821CYOtherExpensesAmt
PY Total Expenses$2,881,346PYTotalExpensesAmt
CY Total Expenses$3,546,550CYTotalExpensesAmt
PY Revenues Less Expenses-$462,529PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$81,750CYRevenuesLessExpensesAmt
Total Assets BOY$12,811,895TotalAssetsBOYAmt
Total Assets EOY$13,385,044TotalAssetsEOYAmt
Total Liabilities BOY$4,640,229TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,988,694TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,171,666NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,396,350NetAssetsOrFundBalancesEOYAmt
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$3,449,975ExpenseAmt
Revenue$2,364,064RevenueAmt
DescPROVIDES AFFORDABLE HOUSING TO LOW-INCOME FAMILIES IN NORTHERN VERMONT.Desc
Total Program Service Expenses$3,449,975TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee59EmployeeCnt
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
SELEEM CHOUDHURY
OUTGOING VICE-PRESIDENT1.005.00Yes (X)$0$0$0Yes (X)
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$25,589$0$0Yes (X)
PATRICK FLOOD
EXECUTIVE DIRECTOR40.005.00$64,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$89,589TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,223,770AllOtherContributionsAmt
Total Contributions$1,223,770TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROPERTY MANAGEMENT531110$1,321,840$1,321,840
SUPPORT SERVICES531110$494,725$494,725
OTHER MANAGMENT FEES531110$161,455$161,455
DEVELOPMENT FEES531110$159,229$159,229
FieldValueIRS element (for citing)
Total Program Service Revenue$2,137,249TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,081TotalRevenueColumnAmt
Exclusion$46,081ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TAX CREDIT INCOME900001$121,200$121,200
FORGIVENESS OF DEBT900001$100,000$100,000
FieldValueIRS element (for citing)
Other Revenue Total$221,200OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,628,300TotalRevenueColumnAmt
Related Or Exempt Func Income$2,358,449RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$46,081ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$89,589TotalAmt
Program Services$89,589ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,478,661TotalAmt
Program Services$1,478,661ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$19,801TotalAmt
Program Services$19,801ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$222,336TotalAmt
Program Services$222,336ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$199,342TotalAmt
Program Services$199,342ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$32,230TotalAmt
Program Services$5,212ProgramServicesAmt
Management And General$27,018ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$36,696TotalAmt
Program Services$36,696ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$69,557TotalAmt
Management And General$69,557ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$109,260TotalAmt
Program Services$109,260ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,633TotalAmt
Program Services$7,633ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$94,749TotalAmt
Program Services$94,749ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$42,282TotalAmt
Program Services$42,282ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$30,931TotalAmt
Program Services$30,931ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$86,526TotalAmt
Program Services$86,526ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,515TotalAmt
Program Services$1,515ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$46,922TotalAmt
Program Services$46,922ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$38,330TotalAmt
Program Services$38,330ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$14,824TotalAmt
Program Services$14,824ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
OPERATING AND MAINTENAN$550,277$550,277
BAD DEBT$375,089$375,089

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,546,550TotalAmt
Program Services$3,449,975ProgramServicesAmt
Management And General$96,575ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,298,376BOYAmt
EOY$1,387,317EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$319,674BOYAmt
EOY$125,198EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$139,913BOYAmt
EOY$46,819EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$4,385,106BOYAmt
EOY$4,504,828EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,939BOYAmt
EOY$3,762EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,510,551LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$464,957LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,214,659BOYAmt
EOY$1,045,594EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,377,967BOYAmt
EOY$1,793,330EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,072,261BOYAmt
EOY$4,478,196EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,811,895BOYAmt
EOY$13,385,044EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$244,887BOYAmt
EOY$376,316EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$138,000BOYAmt
EOY$392,800EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,283,436BOYAmt
EOY$3,441,001EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$973,906BOYAmt
EOY$778,577EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,640,229BOYAmt
EOY$4,988,694EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,608,316BOYAmt
EOY$5,013,413EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$555,000BOYAmt
EOY$0EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,008,350BOYAmt
EOY$3,382,937EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,171,666BOYAmt
EOY$8,396,350EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,811,895BOYAmt
EOY$13,385,044EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$81,750ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$142,934OtherChangesInNetAssetsAmt
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$1,503,827CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,211,588CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,306,531CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,106,556CurrentTaxYearMinus1YearAmt
Current Tax Year$1,223,770CurrentTaxYearAmt
Total$6,352,272TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,503,827CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,211,588CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,306,531CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,106,556CurrentTaxYearMinus1YearAmt
Current Tax Year$1,223,770CurrentTaxYearAmt
Total$6,352,272TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$6,352,272PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$77,151CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,739CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51,187CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$60,757CurrentTaxYearMinus1YearAmt
Current Tax Year$46,081CurrentTaxYearAmt
Total$266,915TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$71,306CurrentTaxYearMinus1YearAmt
Current Tax Year$221,200CurrentTaxYearAmt
Total$292,506TotalAmt
FieldValueIRS element (for citing)
Total Support$6,911,693TotalSupportAmt
Gross Receipts Rltd Activities$14,311,835GrossReceiptsRltdActivitiesAmt
Public Support CY1700.91910PublicSupportCY170Pct
Public Support PY1700.95120PublicSupportPY170Pct
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$146,165DepreciationAmt
Book Value$599,125BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$99,087OtherCostOrOtherBasisAmt
Depreciation$93,741DepreciationAmt
Book Value$5,346BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$557,862OtherCostOrOtherBasisAmt
Depreciation$225,051DepreciationAmt
Book Value$332,811BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,045,594TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT IN PARTNERSHIPS$1,655,375C
INVESTMENTS IN CORPORATIONS$137,955C
FieldValueIRS element (for citing)
Total Book Value Securities$1,793,330TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
DUE FROM RELATED PARTIES$3,678,519
DEFERRED INTEREST RECEIVABLE$486,108
DEVELOPMENT FEE RECEIVABLE$296,578
TENANT SECURITY DEPOSITS$16,991
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,478,196TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LINE OF CREDIT$633,544
DEFERRED DEVELOPMENT FEE$145,033
FieldValueIRS element (for citing)
Total Liability$778,577TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,407,690TotalRevEtcAuditedFinclStmtAmt
Other Revenue$3,779,390OtherRevenueAmt
Revenue Not Reported$3,779,390RevenueNotReportedAmt
Revenue Subtotal$3,628,300RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,628,300TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,296,531TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$5,749,981OtherExpensesIncludedAmt
Expenses Not Reported$5,749,981ExpensesNotReportedAmt
Expenses Subtotal$3,546,550ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,546,550TotalExpensesPerForm990Amt

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, 2018 AND 2017, 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 5,245,623. INTERCOMPANY ELIMINATIONS -1,466,233.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RELATED ORGANIZATION EXPENSES 7,352,670. INTERCOMPANY ELIMINATIONS -1,602,689.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 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, PART XI, LINE 9:NET ASSETS TRANSFERRED 142,934.
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 TypeEntityTypeTxtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndShare Of Total IncomeShareOfTotalIncomeAmt
DIN 2015 LLC
48 ELM STREETLYNDONVILLEVT05851473697309RENTALVTGHT INCC$415,3481.00000Yes (1)
GHT HFH 2011 LLC
48 ELM STREETLYNDONVILLEVT05851453032307RENTALVTGHT INCC$6,2511.000000$7
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