GILMAN HOUSING TRUST INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GILMAN HOUSING TRUST INC (EIN 03-0301520)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-10-15
- IRS object ID
- 201302899349300715
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-10-15T10:35:24-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203690847 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OTIS ATWELL | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 324 GANNETT DRIVE | AddressLine1 |
| City | SOUTH PORTLAND | City |
| State | ME | State |
| ZIP Code | 04106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030301520 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GILMAN HOUSING TRUST INC DBA RURALEDGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GILM | NameControl |
| Phone | 8023341541 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 ELM STREET PO BOX 259 | AddressLine1 |
| City | LYNDONVILLE | City |
| State | VT | State |
| ZIP Code | 05851 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MERTEN BANGEMANN-JOHNSON | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 8023341541 | Phone |
| Date Signed | 2013-10-16 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS GIOIA | Name |
| PTIN | P00158110 | PTIN |
| Phone | 2077801100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MERTEN BANGEMANN-JOHNSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 ELM STREET PO BOX 259 | AddressLine1 |
| City | LYNDONVILLE | City |
| State | VT | State |
| ZIP Code | 05851 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4282137 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | TO DEVELOP, OWN AND MANAGE AFFORDABLE RESIDENTIAL HOUSING UNITS AND RELATED FACILITIES FOR QUALIFIED LOW-INCOME FAMILIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 20 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1572671 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2054581 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 873182 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2083469 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 74214 | InvestmentIncomePriorYear |
| Investment Income Current Year | -20272 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2520067 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4117778 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 431827 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1056139 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1421434 | OtherExpensePriorYear |
| Other Expenses Current Year | 3267996 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1853261 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4324135 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 666806 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -206357 | RevenuesLessExpensesCY |
| Total Assets BOY | 21276520 | TotalAssetsBOY |
| Total Assets EOY | 23153964 | TotalAssetsEOY |
| Total Liabilities BOY | 13159873 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15243674 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8116647 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7910290 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO DEVELOP, OWN AND MANAGE AFFORDABLE RESIDENTIAL HOUSING UNITS AND RELATED FACILITIES FOR QUALIFIED LOW-INCOME FAMILIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4324135 | Expense |
| Revenue | 2063197 | Revenue |
| Description | PROVIDES AFFORDABLE HOUSING TO LOW-INCOME FAMILIES IN NORTHERN VERMONT. | Description |
| Total Program Service Expense | 4324135 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 20 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERTEN BANGEMANN-JOHNSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8023341541 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 ELM STREET PO BOX 259 | AddressLine1 |
| City | LYNDONVILLE | City |
| State | VT | State |
| ZIP Code | 05851 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| SALLY ANN YOUNG | ||||||
| PRESIDENT | 5.00 | X | 0 | 0 | 0 | |
| WERNER HEIDEMANN | ||||||
| VICE PRESIDENT | 5.00 | X | 0 | 0 | 0 | |
| NICOLE LAPOINTE | ||||||
| SECRETARY/TREASURER | 5.00 | X | 0 | 0 | 0 | |
| ROBERT BISHOP | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| SHA'AN MOULIERT | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| JIM FLYNN | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| VICTORIA STRONG | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| GEORGE MATHIAS | ||||||
| CHIEF OPERATING OFFICER | 40.00 | 60337 | 0 | 0 | X | |
| MERTEN BANGEMANN-JOHNSON | ||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | 87988 | 0 | 0 | X | |
| GAIL LANTAGNE | ||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 64243 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 212568 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 1629887 | GovernmentGrants |
| All Other Contributions | 424694 | AllOtherContributions |
| Total Contributions | 2054581 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TENANT RENT | 531110 | 1453575 | 1453575 |
| FEES | 531110 | 354609 | 354609 |
| DEVELOPMENT | 531110 | 268231 | 268231 |
| MISCELLANEOUS | 531110 | 7054 | 7054 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2083469 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 85006 | TotalRevenueColumn |
| Related Or Exempt Function Income | 85006 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 59081 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 164359 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -105278 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -105278 | TotalRevenueColumn |
| Related Or Exempt Function Income | -105278 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4117778 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2063197 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212568 | Total |
| Program Services | 212568 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 633373 | Total |
| Program Services | 633373 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27598 | Total |
| Program Services | 27598 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107236 | Total |
| Program Services | 107236 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75364 | Total |
| Program Services | 75364 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 232120 | Total |
| Program Services | 232120 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36288 | Total |
| Program Services | 36288 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45787 | Total |
| Program Services | 45787 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41568 | Total |
| Program Services | 41568 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2886 | Total |
| Program Services | 2886 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218391 | Total |
| Program Services | 218391 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52550 | Total |
| Program Services | 52550 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16125 | Total |
| Program Services | 16125 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4939 | Total |
| Program Services | 4939 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 325606 | Total |
| Program Services | 325606 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 453735 | Total |
| Program Services | 453735 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86542 | Total |
| Program Services | 86542 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| MAINTENANCE & REPAIRS | 584499 | 584499 |
| UTILITIES | 504009 | 504009 |
| PROPERTY TAXES | 177147 | 177147 |
| GRANT EXPENSES | 150659 | 150659 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335145 | Total |
| Program Services | 335145 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4324135 | Total |
| Program Services | 4324135 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1569749 | BOY |
| EOY | 2320606 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170743 | BOY |
| EOY | 237487 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1287656 | BOY |
| EOY | 1281171 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38574 | BOY |
| EOY | 60922 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 18932342 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3345084 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14258833 | BOY |
| EOY | 15587258 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 774671 | BOY |
| EOY | 586720 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3176294 | BOY |
| EOY | 3079800 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21276520 | BOY |
| EOY | 23153964 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 287825 | BOY |
| EOY | 1079181 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11002321 | BOY |
| EOY | 12079194 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1869727 | BOY |
| EOY | 2085299 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13159873 | BOY |
| EOY | 15243674 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6201427 | BOY |
| EOY | 5182370 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150000 | BOY |
| EOY | 150000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1765220 | BOY |
| EOY | 2577920 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8116647 | BOY |
| EOY | 7910290 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21276520 | BOY |
| EOY | 23153964 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -206357 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1850766 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1457804 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1885840 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1572671 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2054581 | CurrentTaxYear |
| Total | 8821662 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1850766 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1457804 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1885840 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1572671 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2054581 | CurrentTaxYear |
| Total | 8821662 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 8821662 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 86054 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 80431 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 37716 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 74214 | CurrentTaxYearMinus1Year |
| Current Tax Year | -20272 | CurrentTaxYear |
| Total | 258143 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 9079805 | TotalSupport |
| Gross Receipts From Admissions Etc | 8067302 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.97160 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.95840 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1071080 | OtherCostOrOtherBasis |
| Book Value | 1071080 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17861262 | OtherCostOrOtherBasis |
| Depreciation | 3345084 | Depreciation |
| Book Value | 14516178 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15587258 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED FINANCING FEES (NET OF ACCUM AMORT) | 5445 |
| TENANT SECURITY DEPOSITS | 91291 |
| DUE FROM RELATED PARTIES | 1865366 |
| CONSTRUCTION IN PROCESS | 1117698 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 3079800 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TENANT SECURITY DEPOSITS | $91,282 |
| DEFERRED INTEREST PAYABLE | $978,987 |
| ACCRUED LIABILITIES | $176,924 |
| LINE OF CREDIT | $568,179 |
| DUE FROM RELATED PARTIES | $210,205 |
| REVOLVING LOAN FUND | $59,722 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2085299 | TotalOfAmounts |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 55000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION AMENDED IT'S BY-LAWS REGARDING MEMBERSHIP, DIRECTORS QUALIFICATIONS AND DUTIES, BOARD OF DIRECTOR MEETINGS, AND OFFICER DESIGNATIONS AND ELECTIONS. |
| 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 TRANSACTIONS 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. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|
| GHT LHP 2010 LLC | |||||||
| 48 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 |
Form990 Schedule R Part II Form990ScheduleRPartII (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| GROTON VILLAGE HOUSING INC | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 043351391 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | N/A | 0 |
| MEMPHREMAGOG SENIOR CITIZEN HOUSING INC | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 030284101 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | N/A | 0 |
| PASSUMPSIC VIEW INC | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 800030492 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | N/A | 0 |
| GILMAN HOUSING CORPORATION | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 222540936 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | N/A | 0 |
| NCDC INC | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 030271040 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | N/A | 0 |
| NORTHEASTERN VERMONT HOUSING COMPANY | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 030356836 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | N/A | 0 |
Form990 Schedule R Part III Form990ScheduleRPartIII (14 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|---|
| NEWPORT FAMILY HOUSING LIMITED PARTNERSHIP | ||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 272773648 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| GLOVER HOUSING LIMITED PARTNERSHIP | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 203903332 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| DEAN HALE LLC | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 204808022 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| CRYSTAL LAKE HOUSING LP | ||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030361428 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| DERBY HOUSING LP | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 030334781 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| MOOSE RIVER HOUSING LP | ||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030369688 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| MOUNTAINVIEW ST JAY HOUSING LP | ||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 200229559 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| GROTON COMMUNITY HOUSING LP | ||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 061687666 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| LAKEVIEW HOUSING LP | ||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030357740 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| CALEDONIA HOUSING PARTNERSHIP | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 030310520 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| LYNDON HOUSING PARTNERSHIP | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 030310520 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| ST JOHNSBURY HOUSING PARTNERSHIP | ||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030326181 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| HILLTOP FAMILY HOUSING LP | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 453089848 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
| DARLING INN COMPANY | ||||||||||
| POB 259 | LYNDONVILLE | VT | 05851 | 030276684 | AFFORDABLE HOUSING | VT | N/A | RELATED | 0 | 1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GILMAN PROPERTY MANAGEMENT INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POB 86 | AddressLine1 |
| City | LYNDONVILLE | City |
| State | VT | State |
| ZIP Code | 05851 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262530832 | EIN |
| Primary Activity | AFFORDABLE HOUSING | PrimaryActivity |
| Legal Domicile State | VT | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| GILMAN PROPERTY MANAGEMENT INC | ||
| M | 603650 | ACCRUAL |
| GILMAN PROPERTY MANAGEMENT INC | ||
| L | 201339 | ACCRUAL |
| MEMPHREMAGOG SENIOR CITIZEN HOUSING INC | ||
| L | 76719 | ACCRUAL |
| NEWPORT FAMILY HOUSING LIMITED PARTNERSHIP | ||
| L | 62500 | ACCRUAL |