GILMAN HOUSING TRUST INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GILMAN HOUSING TRUST INC (EIN 03-0301520)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-03
- IRS object ID
- 201210639349300126
- Schema version
- 2010v3.4
- 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 | 2012-03-03T13:34:41-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 2010-07-01 | 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 | 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 | 2012-03-03 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2077801100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 | 3224849 | 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 | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 21 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1457804 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1885840 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1814727 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1301293 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 80431 | InvestmentIncomePriorYear |
| Investment Income Current Year | 37716 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3352962 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3224849 | 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 | 951393 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 949805 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4750 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1844758 | OtherExpensePriorYear |
| Other Expenses Current Year | 1934584 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2796151 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2884389 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 556811 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 340460 | RevenuesLessExpensesCY |
| Total Assets BOY | 14271656 | TotalAssetsBOY |
| Total Assets EOY | 14076648 | TotalAssetsEOY |
| Total Liabilities BOY | 7159276 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7172029 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7112380 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 6904619 | 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 | 2862458 | Expense |
| Revenue | 1339009 | Revenue |
| Description | PROVIDES AFFORDABLE HOUSING TO LOW-INCOME FAMILIES IN NORTHERN VERMONT. | Description |
| Total Program Service Expense | 2862458 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 1 | 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 | 0 | 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 | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| 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 | 21 | 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 | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | 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 | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| SALLY ANN YOUNG | |||||||
| PRESIDENT | 5.00 | X | X | 0 | 0 | 0 | |
| WERNER HEIDEMANN | |||||||
| VICE PRESIDENT | 5.00 | X | X | 0 | 0 | 0 | |
| NICOLE LAPOINTE | |||||||
| SECRETARY/TREASURER | 5.00 | X | X | 0 | 0 | 0 | |
| ANN FASSETT | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| ROSALIE HARRIS | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| EUGENE REID | |||||||
| DIRECTOR | 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 | ||
| GEORGE MATHIAS | |||||||
| CHIEF OPERATING OFFICER | 40.00 | X | 63586 | 0 | 0 | ||
| MERTEN BANGEMANN-JOHNSON | |||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | X | 91488 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 155074 | 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 | 1880144 | GovernmentGrants |
| All Other Contributions | 5696 | AllOtherContributions |
| Total Contributions | 1885840 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TENANT RENT | 531110 | 772391 | 772391 |
| FEES | 531110 | 454865 | 454865 |
| MISCELLANEOUS | 531110 | 37412 | 37412 |
| DEVELOPMENT | 531110 | 36625 | 36625 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1301293 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37716 | TotalRevenueColumn |
| Related Or Exempt Function Income | 37716 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3224849 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1339009 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155074 | Total |
| Program Services | 155074 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 579864 | Total |
| Program Services | 579864 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22381 | Total |
| Program Services | 22381 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137565 | Total |
| Program Services | 137565 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54921 | Total |
| Program Services | 54921 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86200 | Total |
| Program Services | 86200 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8655 | Total |
| Program Services | 8655 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35094 | Total |
| Program Services | 35094 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56614 | Total |
| Program Services | 56614 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4308 | Total |
| Program Services | 4308 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83975 | Total |
| Program Services | 66794 | ProgramServices |
| Management And General | 17181 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29150 | Total |
| Program Services | 29150 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17872 | Total |
| Program Services | 17872 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4438 | Total |
| Program Services | 4438 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182546 | Total |
| Program Services | 182546 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 325318 | Total |
| Program Services | 325318 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36568 | Total |
| Program Services | 36568 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| MAINTENANCE & REPAIRS | 328413 | 328413 |
| UTILITIES | 310157 | 310157 |
| GRANT EXPENSES | 180822 | 180822 |
| PROPERTY TAXES | 117576 | 117576 |
| PROJECT DEVELOPMENT | 51803 | 51803 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75075 | Total |
| Program Services | 70325 | ProgramServices |
| Fundraising | 4750 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2884389 | Total |
| Program Services | 2862458 | ProgramServices |
| Management And General | 17181 | ManagementAndGeneral |
| Fundraising | 4750 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 835939 | BOY |
| EOY | 773137 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 222141 | BOY |
| EOY | 80128 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1952629 | BOY |
| EOY | 2058885 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24964 | BOY |
| EOY | 34787 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10940439 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2056753 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7712944 | BOY |
| EOY | 8883686 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 961710 | BOY |
| EOY | 916013 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2561329 | BOY |
| EOY | 1330012 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14271656 | BOY |
| EOY | 14076648 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155678 | BOY |
| EOY | 224819 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6455333 | BOY |
| EOY | 6207197 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 548265 | BOY |
| EOY | 740013 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7159276 | BOY |
| EOY | 7172029 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5604470 | BOY |
| EOY | 5191336 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1507910 | BOY |
| EOY | 1713283 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7112380 | BOY |
| EOY | 6904619 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14271656 | BOY |
| EOY | 14076648 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 340460 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -548221 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| 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 | 1630605 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1634291 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1850766 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1457804 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1885840 | CurrentTaxYear |
| Total | 8459306 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1630605 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1634291 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1850766 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1457804 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1885840 | CurrentTaxYear |
| Total | 8459306 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 8459306 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 55984 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 85932 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 86054 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 80431 | CurrentTaxYearMinus1Year |
| Current Tax Year | 37716 | CurrentTaxYear |
| Total | 346117 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 8805423 | TotalSupport |
| Gross Receipts From Admissions Etc | 7186978 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.96070 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.95450 | 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 | 1344324 | OtherCostOrOtherBasis |
| Book Value | 1344324 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9596115 | OtherCostOrOtherBasis |
| Depreciation | 2056753 | Depreciation |
| Book Value | 7539362 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8883686 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENTS IN PARTNERSHIPS | 424933 | C |
| INVESTMENT IN SUBSIDIARY | 139040 | C |
| PROPERTY HELD FOR SALE | 352040 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 916013 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED FINANCING FEES (NET OF ACCUM AMORT) | 6568 |
| TENANT SECURITY DEPOSITS | 58543 |
| DUE FROM RELATED PARTIES | 885604 |
| CONSTRUCTION IN PROCESS | 379297 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1330012 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TENANT SECURITY DEPOSITS | $58,071 |
| DEFERRED INTEREST PAYABLE | $200,964 |
| ACCRUED LIABILITIES | $121,882 |
| LINE OF CREDIT | $359,096 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 740013 | TotalOfAmounts |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS INCLUDE THE BOARD OF DIRECTORS. | |
| 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. | |
| ALL TRANSACTIONS ARE REVIEWED TO COMPLY WITH THE ORGANIZATION CONFLICT OF INTEREST POLICY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE ORGANIZATION REVIEWS COMPENSATION DATA OF COMPARABLE ORGANIZATIONS IN THE AREA. | FORM 990, PART VI, SECTION B, LINE 15 | |
| ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | TRANSFER OF CAPITAL TO RELATED PARTIES -548,221. TOTAL TO FORM 990, PART XI, LINE 5: -548,221. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 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 |
Form990 Schedule R Part II Form990ScheduleRPartII (3 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 | ||||||||||
| PO BOX 405 | NEWPORT | VT | 05855 | 043351391 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | N/A | 0 |
| MEMPHREMAGOG SENIOR CITIZEN HOUSING INC | ||||||||||
| PO BOX 405 | NEWPORT | VT | 05855 | 030284101 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | 0 | |
| PASSUMPSIC VIEW INC | ||||||||||
| PO BOX 405 | NEWPORT | VT | 05855 | 800030492 | AFFORDABLE HOUSING | VT | 501(C)(3) | 170(B)(1)(A)(VI) | 0 | |
Form990 Schedule R Part III Form990ScheduleRPartIII (12 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NEWPORT HOUSING LIMITED PARTNERSHIP | |||||||||||
| PO BOX 405 | NEWPORT | VT | 05855 | 030334782 | AFFORDABLE HOUSING | VT | N/A | RELATED | 2203 | 0 | 1 |
| GLOVER HOUSING LIMITED PARTNERSHIP | |||||||||||
| PO BOX 405 | NEWPORT | VT | 05855 | 203903332 | AFFORDABLE HOUSING | VT | N/A | RELATED | 103227 | 0 | 1 |
| DEAN HALE LLC | |||||||||||
| PO BOX 405 | NEWPORT | VT | 05855 | 204808022 | AFFORDABLE HOUSING | VT | N/A | RELATED | 99 | 0 | 1 |
| CRYSTAL LAKE HOUSING LP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030361428 | AFFORDABLE HOUSING | VT | N/A | RELATED | 26628 | 0 | 1 |
| DERBY HOUSING LP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030334781 | AFFORDABLE HOUSING | VT | N/A | RELATED | 991 | 0 | 1 |
| MOOSE RIVER HOUSING LP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030369688 | AFFORDABLE HOUSING | VT | N/A | RELATED | 85220 | 0 | 1 |
| MOUNTAINVIEW ST JAY HOUSING LP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 200229559 | AFFORDABLE HOUSING | VT | N/A | RELATED | 85810 | 0 | 1 |
| GROTON COMMUNITY HOUSING LP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 061687666 | AFFORDABLE HOUSING | VT | N/A | RELATED | 131842 | 0 | 1 |
| LAKEVIEW HOUSING LP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030357740 | AFFORDABLE HOUSING | VT | N/A | RELATED | 29606 | 0 | 1 |
| CALEDONIA HOUSING PARTNERSHIP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030336227 | AFFORDABLE HOUSING | VT | N/A | RELATED | 835975 | 0 | 1 |
| LYNDON HOUSING PARTNERSHIP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030335047 | AFFORDABLE HOUSING | VT | RELATED | 399365 | 0 | 0 | |
| ST JOHNSBURY HOUSING PARTNERSHIP | |||||||||||
| 123 ST PAUL STREET | BURLINGTON | VT | 05401 | 030326181 | AFFORDABLE HOUSING | VT | RELATED | 834571 | 0 | 0 | |
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 | PO BOX 405 | AddressLine1 |
| City | NEWPORT | City |
| State | VT | State |
| ZIP Code | 05855 | 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 |
| Share Of EOY Assets | 158303 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| 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 | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| 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 | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| GILMAN PROPERTY MANAGEMENT INC | ||
| L | 261548 | ACCRUAL |
| GILMAN PROPERTY MANAGEMENT INC | ||
| K | 258108 | ACCRUAL |
| CALEDONIA HOUSING PARTNERSHIP | ||
| R | 62500 | ACCRUAL |