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ACCOUNTS FOR THE SERVICES PROVIDED TO OTHER PROPERTIES IN WHICH DOWNSTREET IS AN INVESTOR. 962757 713217 PROPERTY OPERATIONS - ACCOUNTS FOR THE RENTAL ACTIVITY AND OPERATIONS OF THE FOLLOWING PROJECTS: BROMUR, VERDMONT, LIMEHURST MOBILE HOME PARK, HILLSIDE, BRIDGE STREET, GUIDICI, LAUREL STREET, GOOD NEIGHBORS, PHOENIX HOUSE, AND WHISTLESTOP MOBILE HOME PARK. 658770 316059 39025 HOMEOWNERSHIP - ACCOUNTS FOR THE ACTIVITIES OF DOWNSTREET'S HOMEOWNERSHIP CENTER. 341314 281694 PROJECT DEVELOPMENT - ACCOUNTS FOR ALL OPERATIONS OF DOWNSTREET FOR REHABILITATION AND DEVELOPMENT OF AFFORDABLE HOUSING. 341314 281694 4047355 true true false true false false false false true false true false false true true true false true false false false false false false false false false true true false false false false false false false false false true false false false true true true true false false true 17 0 43 true true true false false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true false true true true false false X X SCHUYLER ANDERSON 8024764493 22 KEITH AVENUE BARRE VT 05641 ANGIE HARBIN STARTED IN 2022 EXECUTIVE DI 40.00 X 75487 0 2604 CONNIE SNOW LEFT IN 2022 EXECUTIVE DI 40.00 X 46073 0 384 KEVIN ELLIS CHAIR 2.00 X X 0 0 0 LORI BELDING VICE CHAIR 2.00 X X 0 0 0 DAPHNE MAKINSON TREASURER 2.00 X X 0 0 0 PEGEEN MULHERN SECRETARY 2.00 X X 0 0 0 SAMANTHA ABARE DIRECTOR 2.00 X 0 0 0 JIM ALVAREZ DIRECTOR 2.00 X 0 0 0 DANIEL BARLOW DIRECTOR 2.00 X 0 0 0 RUBIN BENNETT DIRECTOR 2.00 X 0 0 0 CELINE DAVIS DIRECTOR 2.00 X 0 0 0 SARAH COPELAND HANZAS DIRECTOR 2.00 X 0 0 0 LARA LANON DIRECTOR 2.00 X 0 0 0 POLLY NICHOL DIRECTOR 2.00 X 0 0 0 JEANNE RICHARDSON DIRECTOR 2.00 X 0 0 0 EMMANUEL RIBY WILLIAMS DIRECTOR 2.00 X 0 0 0 VINI KD EMERY LEFT IN 2022 DIRECTOR 2.00 X 0 0 0 121560 2988 false false false 2458349 1200371 50400 3658720 RENTAL INCOME 531110 713217 713217 MAINTENANCE INCOME 531390 653388 653388 MANAGEMENT FEES 531310 567869 567869 DEVELOPMENT FEES 531310 281694 281694 LEASE FEE INCOME 531390 39025 39025 2255193 9206 9206 35935 37068 -1133 -1133 -1133 101971 70948 31023 31023 31023 MISCELLANEOUS INCOME 531390 216980 216980 216980 6169989 2503196 -1133 9206 100749 100749 316059 316059 124548 107111 9964 7473 1647521 1364440 221930 61151 38372 31801 5285 1286 264128 219493 35279 9356 144021 122341 16713 4967 86625 86625 8848 7045 1803 37115 37115 58354 43244 15110 35314 9936 19856 5522 109335 102558 804 5973 197402 195434 1813 155 31447 24177 7113 157 17093 15196 1669 228 77929 63602 12400 1927 408071 395303 7392 5376 72587 27437 44195 955 SASH & OTHER PROGRAM 464594 460825 3769 PROPERTY EXPENSE 311827 294603 16899 325 MISCELLANEOUS 114365 94776 18058 1531 BAD DEBT -35216 -35400 184 4631088 4047355 475548 108185 1160782 1047853 1337613 2016562 133415 204931 188567 257282 4269007 4253543 44000 35897 12830676 3854566 7346170 8976110 60035 60035 339112 1112255 14878701 17964468 280474 408436 56350 16624 41846 41792 2248590 2917104 93398 819000 2720658 4202956 X 5846297 9692836 6311746 4068676 12158043 13761512 14878701 17964468 X 1538901 64568 X false true X true true true X 1366831 1966978 2280897 2772148 3658720 12045574 1366831 1966978 2280897 2772148 3658720 12045574 12045574 14491 15087 14352 11687 9206 64823 12110397 12949535 0.99460 0.94600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false false false 1671328 1671328 8304471 3511266 4793205 182426 42507 139919 345434 300793 44641 2327017 2327017 8976110 RIGHT-OF-USE ASSET 762633 INVESTED IN OTHER PROPERTIES 269722 DEVELOPMENT FEES RECEIVABLE 79900 1112255 FINANCING LIABILITY 819000 819000 X 6207057 37068 37068 6169989 6169989 4668156 37068 37068 4631088 4631088 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL PROPERTY EXPENSES 37,068 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL PROPERTY EXPENSES 37,068 false TWIN PINES HOUSING TRUST 226 HOLIDAY DRIVE 20 WHITE RIVER JUNCTION VT 05001 222809527 501C3 95749 RESIDENT SERVICES 1 AHS 38 3669 VHIP 43 311590 RENTAL REHAB 1 800 SCHEDULE I, PAGE 1, PART I, LINE 2 DOWNSTREET ENSURES LANDLORDS HAVE SATISFIED THE GRANT REQUIREMENTS, INCLUDING EXECUTING AN AFFORDABLE HOUSING CONVENANT AND PROVIDING A 20% MATCH. DOWNSTREET REVIEWS PROGRESS OF PROJECTS AGAINST SCOPE OF WORK WITH REGULAR INSPECTIONS WHICH ARE DOCUMENTED WITH DETAILED INSPECTION REPORTS SIGNED BY THE CONTRACTED INSPECTOR AND LANDLORD. HOMEOWNERSHIP STAFF REVIEW LANDLORD DOCUMENTATION PRIOR TO REQUESTING ANY SUB-GRANT DISBURSEMENT FROM ACCOUNTING. THE CFO REVIEWS ALL SUBRECIPIENT DOCUMENTATION AGAIN PRIOR TO APPROVING DISBURSEMENT. FOR AGENCY OF HUMAN SERVICES, DOWNSTREET MANAGES THE FUNDS, BUT NOT THE PROGRAM ITSELF. THE PROGRAM IS MANAGED BY AN EXTERNAL PARTNER WHO DIRECTS DOWNSTREET TO MAKE GRANT DISBURSEMENTS. X 1 50400 FAIR MARKET VALUE false true false FORM 990, PAGE 2, PART III, LINE 4D PROJECT DEVELOPMENT - ACCOUNTS FOR ALL OPERATIONS OF DOWNSTREET FOR REHABILITATION AND DEVELOPMENT OF AFFORDABLE HOUSING. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 DRAFT IS REVIEWED BY MANAGEMENT THEN PROVIDED TO THE FIDUCIARY COMMITTEE FOR REVIEW, THEN TO THE FULL BOARD FOR A VOTE OF APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD CONDUCTS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE AND APPROVES ANNUAL COMPENSATION. THE BOARD CHAIR PROVIDES THE CFO WITH APPROVAL OF THE EXECUTIVE DIRECTOR'S SALARY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 RENTAL PROPERTY EXPENSES 37,068 RENTAL PROPERTY EXPENSES -37,068 EFFECTIVE JANUARY 1, 2022, THE ORGANIZATION ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS UPDATE (ASU) NO. 2016-02, LEASES (TOPIC 842), WHICH REPLACES THE PRIOR GUIDANCE FOR LEASES FOUND IN FASB ASC 840. AS A RESULT OF THE ADOPTION, NET ASSETS AS OF DECEMBER 31, 2020 INCREASED BY 79,142, AND NET ASSETS AS OF DECEMBER 31, 2021 DECREASED BY 14,574. THE NET EFFECT WAS AN INCREASE OF 64,568. 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