GILMAN HOUSING TRUST INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- GILMAN HOUSING TRUST INC (EIN 03-0301520)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201603209349316710
- Schema version
- 2015v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T17:47:58-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BOSTON PLACE SUITE 500 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030301520 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GILMAN HOUSING TRUST INC | BusinessNameLine1Txt |
| Business Name Line2 | D/B/A Rural Edge | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GILM | BusinessNameControlTxt |
| Phone | 8023341541 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 ELM STREET PO Box 259 | AddressLine1Txt |
| City | LYNDONVILLE | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05851 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Trisha Ingalls | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8023341541 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LEONARD J BERKOWITZ | PreparerPersonNm |
| PTIN | P00872822 | PTIN |
| Phone | 6176481400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Trisha Ingalls | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 Elm Street PO Box 259 | AddressLine1Txt |
| City | Lyndonville | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05851 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,702,059 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | VT | LegalDomicileStateCd |
| Activity Or Mission | TO DEVELOP, OWN AND MANAGE AFFORDABLE RESIDENTIAL HOUSING UNITS AND RELATED FACILITIES FOR QUALIFIED LOW-INCOME FAMILIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 22 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,503,827 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,211,588 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,769,622 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,458,732 | CYProgramServiceRevenueAmt |
| PY Investment Income | $77,151 | PYInvestmentIncomeAmt |
| CY Investment Income | $31,739 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,350,600 | PYTotalRevenueAmt |
| CY Total Revenue | $4,702,059 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,022,063 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,261,508 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,513,648 | PYOtherExpensesAmt |
| CY Other Expenses | $4,096,742 | CYOtherExpensesAmt |
| PY Total Expenses | $5,535,711 | PYTotalExpensesAmt |
| CY Total Expenses | $5,358,250 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$185,111 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$656,191 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $25,384,354 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,777,321 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,171,238 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,752,325 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,213,116 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,024,996 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO DEVELOP, OWN AND MANAGE AFFORDABLE RESIDENTIAL HOUSING UNITS AND RELATED FACILITIES FOR QUALIFIED LOW-INCOME FAMILIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,358,250 | ExpenseAmt |
| Revenue | $3,458,732 | RevenueAmt |
| Desc | PROVIDES AFFORDABLE HOUSING TO LOW-INCOME FAMILIES IN NORTHERNVERMONT. | Desc |
| Total Program Service Expenses | $5,358,250 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 22 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gail Ostrout | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8023341541 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 ELM STREET | AddressLine1Txt |
| City | Lydonville | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05851 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| werner Heidemann | |||||||
| President | 5.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Melissa Dopp | |||||||
| Vice President | 5.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Robert McMaster | |||||||
| Director | 5.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Victoria Strong | |||||||
| Director | 5.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Louise Bonvechio | |||||||
| Treasurer | 5.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| robert bishop | |||||||
| secretary | 5.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Merten Bangemann- Johnson | |||||||
| Chief Executive Officer | 40.00 | 40.00 | $84,797 | $0 | $0 | Yes (X) | |
| Gail Ostrout | |||||||
| Cheif Financial Officer | 40.00 | 40.00 | $75,383 | $0 | $0 | Yes (X) | |
| trisha ingalls | |||||||
| chief Executive Officer | 40.00 | 40.00 | $85,000 | $0 | $0 | Yes (X) | |
| brad ashley | |||||||
| interim chief executive officer | 40.00 | 40.00 | $31,200 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $276,380 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gossens & Bachman Inc | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 Granite Shed Lane | AddressLine1Txt |
| City | Montpelier | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Architect | ServicesDesc |
| Compensation | $168,525 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,211,588 | AllOtherContributionsAmt |
| Total Contributions | $1,211,588 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TENANT RENT | 531110 | $2,266,199 | $2,266,199 |
| OTHER INCOME | 531110 | $1,405,881 | $1,405,881 |
| PROPERTY MANAGEMENT IN | 531110 | $76,410 | $76,410 |
| VACANCIES | 531110 | -$289,758 | -$289,758 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,458,732 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,739 | TotalRevenueColumnAmt |
| Exclusion | $31,739 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,702,059 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,458,732 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $31,739 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,261,508 | TotalAmt |
| Program Services | $1,261,508 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $574,413 | TotalAmt |
| Program Services | $574,413 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,938 | TotalAmt |
| Program Services | $335,938 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $700,747 | TotalAmt |
| Program Services | $700,747 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| GENERAL AND ADMINISTRAT | $1,221,012 | $1,221,012 |
| OPERATING AND MAINTENAN | $610,818 | $610,818 |
| TAXES AND INSURANCE | $354,488 | $354,488 |
| OTHER EXPENSES | $299,326 | $299,326 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,358,250 | TotalAmt |
| Program Services | $5,358,250 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,424,846 | BOYAmt |
| EOY | $2,591,072 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $295,106 | BOYAmt |
| EOY | $377,332 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,649,124 | BOYAmt |
| EOY | $4,577,378 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,409 | BOYAmt |
| EOY | $122,745 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $18,671,869 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,850,137 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,390,560 | BOYAmt |
| EOY | $13,821,732 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $547,541 | BOYAmt |
| EOY | $563,478 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,996,768 | BOYAmt |
| EOY | $4,723,584 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,384,354 | BOYAmt |
| EOY | $26,777,321 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $497,102 | BOYAmt |
| EOY | $382,220 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,223,310 | BOYAmt |
| EOY | $15,739,203 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,450,826 | BOYAmt |
| EOY | $1,630,902 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,171,238 | BOYAmt |
| EOY | $17,752,325 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,721,626 | BOYAmt |
| EOY | $5,509,313 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $555,000 | BOYAmt |
| EOY | $555,000 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,936,490 | BOYAmt |
| EOY | $2,960,683 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,213,116 | BOYAmt |
| EOY | $9,024,996 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,384,354 | BOYAmt |
| EOY | $26,777,321 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$656,191 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $468,071 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,572,671 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,054,581 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,001,841 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,503,827 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,211,588 | CurrentTaxYearAmt |
| Total | $8,344,508 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,572,671 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,054,581 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,001,841 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,503,827 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,211,588 | CurrentTaxYearAmt |
| Total | $8,344,508 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $8,344,508 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,214 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$20,272 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $73,946 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $77,151 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $31,739 | CurrentTaxYearAmt |
| Total | $236,778 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $8,581,286 | TotalSupportAmt |
| Public Support CY170 | 0.97240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.97380 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,812,192 | InvestmentCostOrOtherBasisAmt |
| Book Value | $2,812,192 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $15,292,216 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $4,485,395 | DepreciationAmt |
| Book Value | $10,806,821 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $20,468 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $6,316 | DepreciationAmt |
| Book Value | $14,152 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $546,993 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $358,426 | DepreciationAmt |
| Book Value | $188,567 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,821,732 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED FINANCING FEES | $3,896 |
| TENANT SECURITY DEPOSITS | $89,609 |
| DUE FROM RELATED PARTIES | $2,977,742 |
| CONSTRUCTION IN PROGRESS | $667,842 |
| DEFERRED INTEREST RECEIVABLE | $402,613 |
| Development Fee Receivable | $392,964 |
| In-places Leases | $103,418 |
| HAP Contract | $85,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,723,584 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| TENANT SECURITY DEPOSITS | $89,154 |
| DEFERRED INTEREST PAYABLE | $657,637 |
| LINE OF CREDIT | $703,166 |
| DUE FROM RELATED PARTIES | $16,990 |
| REVOLVING LOAN FUND | $59,722 |
| Deferred Development Fee | $104,233 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,630,902 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | 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, 2015 and 2014, 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. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 7a | The board of directors are elected by its members. |
| Form 990, Part VI, Section B, line 11 | The form 990 was reviewed by the board of directors prior to submission. |
| Form 990, Part VI, Section B, line 12c | All transaction are reviewed to comply with the organization conflict of interest policy. |
| Form 990, Part VI, Section B, line 15 | The organization reviews compensation data of comparable organizations in the area. |
| Form 990, Part VI, Section C, line 19 | All organizing and operating documents are available to the public upon request. |
| Form 990, Part XI, line 9: | OTHER increases from Business combinations 468,071. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| GHT LHP 2010 LLC | |||||||
| 38 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 274082245 | Affordable Housing | VT | N/A |
| GHT CHP 2010 LLC | |||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 274082528 | Affordable Housing | VT | N/A |
| GHT STJ 2010 LLC | |||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 274082421 | Affordable Housing | VT | N/A |
| GHT NFH 2010 LLC | |||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 272595153 | Affordable Housing | VT | N/A |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Gilman Housing Corporation | ||||||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 222540936 | Affordable Housing | VT | 501(c)(3) | Line 7 | GHT Inc | 0 |
| Groton Village Housing Inc | ||||||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 043351391 | Affordable Housing | VT | 501(c)(3) | Line 7 | GHT Inc | 0 |
| Memphremagog Senior Citizen Housing Inc | ||||||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 030284101 | Affordable Housing | VT | 501(c)(3) | Line 7 | GHT Inc | 0 |
| NCDC inc | ||||||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 030271040 | Affordable Housing | VT | 501(c)(3) | Line 7 | GHT Inc | 0 |
| Passumpsic View Inc | ||||||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 800030492 | Affordable Housing | VT | 501(c)(3) | Line 7 | GHT Inc | 0 |
| Northeastern Vermont Housing Company | ||||||||||
| 48 Elm Street PO Box 259 | Lyndonville | VT | 05851 | 030356836 | Affordable Housing | VT | 501(c)(3) | Line 7 | GHT Inc | 0 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEWPORT FAMILY HOUSING LP | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 272773648 | Affordable Housing | VT | N/A | Related | -$129,624 | $1,029,858 | 0 | 0 | 0.01000 |
| Glover Housing Limited Partnership | |||||||||||||
| PO Box 259 | Lyndonville | VT | 05851 | 203903332 | Affordable Housing | VT | N/A | Related | -$36,890 | $277,846 | 0 | 0 | 0.01000 |
| Dean Hale LLC | |||||||||||||
| PO Box 86 | Lyndonville | VT | 05851 | 204808022 | Affordable Housing | VT | N/A | Related | -$44,735 | -$37,637 | 0 | 0 | 1.00000 |
| Crystal Lake Housing LP | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 030361428 | Affordable Housing | VT | N/A | Related | -$36,312 | -$41,892 | 0 | 0 | 0.00500 |
| Derby Housing LP | |||||||||||||
| PO Box 259 | Lyndonville | VT | 05851 | 030334781 | Affordable Housing | VT | N/A | Related | -$21,702 | -$95,029 | 0 | 0 | 1.00000 |
| Moose River Housing LP | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 030369688 | Affordable Housing | VT | N/A | Related | -$125,460 | $516,937 | 0 | 0 | 0.00500 |
| Mountainview St Jay Housing LP | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 200229559 | Affordable Housing | VT | N/A | Related | -$124,121 | $198,298 | 0 | 0 | 0.00500 |
| Groton Community Housing LP | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 061687666 | Affordable Housing | VT | N/A | Related | -$161,425 | $542,712 | 0 | 0 | 0.00500 |
| Lakeview Housing Limited Partnership | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 030357740 | Affordable Housing | VT | N/A | Related | -$19,858 | $246,420 | 0 | 0 | 0.00500 |
| Caledonia Housing Partnership | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 030310520 | Affordable Housing | VT | N/A | Related | -$148,846 | -$296,174 | 0 | 0 | 0.00500 |
| Lyndon Housing Partnership | |||||||||||||
| PO Box 259 | Lyndonville | VT | 05851 | 030310520 | Affordable Housing | VT | N/A | Related | -$80,196 | -$65,472 | 0 | 0 | 1.00000 |
| St Johnsbury Housing Partnership | |||||||||||||
| 123 St Paul Street | Burlington | VT | 05401 | 030326181 | Affordable Housing | VT | N/A | Related | -$21,067 | -$209,168 | 0 | 0 | 1.00000 |
| Hilltop Family Housing LP | |||||||||||||
| PO Box 259 | Lyndonville | VT | 05851 | 453089848 | Affordable Housing | VT | N/A | Related | -$150,052 | $3,082,168 | 0 | 0 | 0.01000 |
| Darling Inn Company | |||||||||||||
| PO Box 259 | Lyndonville | VT | 05851 | 030276684 | Affordable Housing | VT | N/A | Related | -$119,146 | 0 | 0 | 0.84910 | |
| Parkview Newport LLC | |||||||||||||
| PO Box 259 | Lyndonville | VT | 05851 | 471625501 | Affordable Housing | VT | N/A | Related | -$22,824 | -$41,336 | 0 | 0 | 1.00000 |
| lyndon darling senior housing lp | |||||||||||||
| 48 elm street | lyndonville | VT | 05851 | 473706566 | affordable Housing | VT | N/A | related | -$25,899 | $3,035,787 | 0 | 0 | 0.00100 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gilman Property Management Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 86 | AddressLine1Txt |
| City | Lyndonville | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05851 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262530832 | EIN |
| Primary Activities | Management | PrimaryActivitiesTxt |
| Legal Domicile State | VT | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GHT Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $140,443 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $859,874 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Gilman Property Management Inc | ||
| D | $587,831 | Cost |
| Gilman Property Management Inc | ||
| L | $279,833 | Cost |
| Gilman Property Management Inc | ||
| E | $57,906 | Cost |
| Newport Family Housing LP | ||
| D | $91,000 | Cost |
| Glover Housing Limited Partnership | ||
| D | $11,250 | Cost |
| Dean Hale LLC | ||
| D | $38,937 | Cost |