2023-10-06T12:58:18-05:00 2022-12-31 203690847 OTIS ATWELL 324 GANNETT DRIVE SOUTH PORTLAND ME 04106 990 2022-01-01 030280726 HOUSING TRUST OF RUTLAND COUNTY INC HOUS 8027753139 27 WALES STREET SUITE 201 RUTLAND VT 05701 MARY COHEN EXECUTIVE DIRECTOR 8027753139 2023-10-06 MARY COHEN 999009999 1 GREGORY GEISSER P01216187 2077801100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARY COHEN 27 WALES STREET SUITE 201 RUTLAND VT 05701 2048290 0 X HOUSINGRUTLAND.ORG X 1980 VT THE MISSION OF THE ORGANIZATION IS TO ASSIST LOWER INCOME PEOPLE BY PROVIDING AND PRESERVING AFFORDABLE ACCESS TO SAFE, DECENT, AND ATTRACTIVE HOUSING. ITS MISSION IS ACCOMPLISHED PRIMARILY BY SOLICITING GRANTS AND LOW INTEREST LOANS FROM RESOURCE PROVIDERS SERVING VERMONT. THESE GRANTS AND LOW INTEREST LOANS EITHER MINIMIZE OR ELIMINATE DEBT SERVICE ASSOCIATED WITH SUBJECT PROPERTIES THEREBY REDUCING OPERATING COSTS OF HOUSING FOR LOWER INCOME FAMILIES AND INDIVIDUALS. 12 12 25 0 0 0 1719509 585412 1931942 1399824 1132 63054 0 0 3652583 2048290 0 0 0 0 1178179 1178265 0 0 125675 980320 1187290 2158499 2365555 1494084 -317265 13191475 13052909 3782366 3961065 9409109 9091844 X THE MISSION OF THE ORGANIZATION IS TO ASSIST LOWER INCOME PEOPLE BY PROVIDING AND PRESERVING AFFORDABLE ACCESS TO SAFE, DECENT, AND ATTRACTIVE HOUSING. IT'S MISSION IS ACCOMPLISHED PRIMARILY BY SOLICITING GRANTS AND LOW INTEREST LOANS FROM RESOURCE PROVIDERS SERVING VERMONT. THESE GRANTS AND LOW INTEREST LOANS EITHER MINIMIZE OR ELIMINATE DEBT SERVICE ASSOCIATED WITH SUBJECT PROPERTIES THEREBY REDUCING OPERATING COSTS OF HOUSING FOR LOWER INCOME FAMILIES AND INDIVIDUALS. 0 0 2066077 1462878 THE ORGANIZATION PROVIDED AFFORDABLE HOUSING THROUGH A RENTAL PROGRAM AND GROUND LEASE PROGRAM. 2066077 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 1 25 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 X MARY COHEN 8027753139 27 WALES STREET SUITE 201 RUTLAND VT 05701 BILL BURKE DIRECTOR 1.00 X 0 0 0 CATHY REYNOLDS DIRECTOR 1.00 X 0 0 0 LYNNE KLAMM DIRECTOR 1.00 X 0 0 0 SARAH GORDON DIRECTOR 1.00 X 0 0 0 SHERMAN HUNTER DIRECTOR 1.00 X 0 0 0 NORM LASH PAST PRESIDENT 1.00 X 0 0 0 DONNALEEN FARWELL SECRETARY 1.00 X 0 0 0 SUSAN OLIVIERO DIRECTOR 1.00 X 0 0 0 ROGER LOUISELLE DIRECTOR 1.00 X 0 0 0 BILL GROSS PRESIDENT 1.00 X 0 0 0 SCOTT DIKEMAN VICE PRESIDENT 1.00 X 0 0 0 DYLAN WATTS TREASURER 1.00 X 0 0 0 WILLIAM ACKERMAN DIRECTOR OF ASSET AND PROPERTY MANAGEMENT 40.00 X 19343 0 0 MARY COHEN EXECUTIVE DIRECTOR 40.00 X 100705 0 0 KEVIN ROONEY DIRECTOR OF ASSET AND PROPERTY MANAGEMENT 40.00 X 48090 0 0 ERIKA LAMB DIRECTOR OF FINANCE 40.00 X 81891 0 0 250029 0 0 1 0 0 0 0 498190 87222 585412 PROPERTY MANAGEMENT 531110 661832 661832 TENANT RENT 531110 659818 659818 DEVELOPMENT FEES 531110 128100 128100 MISCELLANEOUS 531110 66964 66964 INVESTMENT ACTIVITY - 531110 -116890 -116890 1399824 1290 1290 61764 0 61764 61764 61764 2048290 1462878 0 0 250029 216844 28954 4231 677100 540294 78409 58397 173952 143262 19383 11307 77184 63027 8941 5216 11716 6608 3226 1882 36300 31930 2760 1610 3972 3972 3725 3156 359 210 139071 116663 14145 8263 50001 50001 53872 45156 5505 3211 25337 20975 2755 1607 79996 79986 6 4 306686 305220 926 540 33515 29394 2603 1518 MAINTENANCE AND REPAIRS 174983 173621 860 502 UTILITIES 142947 141821 711 415 PROPERTY TAXES 71142 71142 FUNDRAISING EXPENSES 24289 24289 29738 23005 4260 2473 2365555 2066077 173803 125675 1373764 1085403 120881 68948 17216 31329 261000 483000 18828 26239 10156351 3689315 6570751 6467036 4564158 4785349 264877 105605 13191475 13052909 188460 110654 6709 8369 3395148 3366480 192049 475562 3782366 3961065 X 9409109 9091844 9409109 9091844 13191475 13052909 -317265 0 X 0 1 X 1 1 1 X 284170 1421752 1673428 1719509 585412 5684271 284170 1421752 1673428 1719509 585412 5684271 5684271 5684271 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1139828 1139828 9016523 3689315 5327208 6467036 PARTNERSHIP INTERESTS 4785349 C 4785349 TENANT SECURITY DEPOSITS 37990 DEFERRED INTEREST 154405 ACCRUED INTEREST 3017 OPERATING LEASE LIABILITY 280150 475562 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS INCLUDE THE BOARD OF DIRECTORS, RESIDENTS AND COMMUNITY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF OF DIRECTORS APPROVE CERTAIN GOVERNANCE DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE REVIEWS THE 990 TO MAKE SURE IT IS IN CONFORMANCE WITH THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS OPERATIONS TO DETERMINE IF CONFLICTS OF INTEREST EXIST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTORS SALARY IS SET INDEPENDENTLY BY THE BOARD OF DIRECTORS AFTER CONSIDERING PERFORMANCE AND COMPARABLE SALARIES WITHIN THE INDUSTRY WITHIN THE STATE OF VERMONT. THE EXECUTIVE DIRECTOR SETS SALARIES OF ALL KEY EMPLOYEES AFTER CONSIDERING PERFORMANCE, RESPONSIBILITIES AND COMPARABLE SALARIES WITHIN THE INDUSTRY WITHIN THE STATE OF VERMONT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUESTS. THE REQUESTED DOCUMENTS ARE MAILED OUT WITHIN 5 BUSINESS DAYS OF ANY SPECIFIC REQUEST. 64 SCHOOL STREET LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 030369498 AFFORDABLE HOUSING VT N/A RELATED -26408 917965 0 1 0.05000 BENSON HEIGHTS LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 371706831 AFFORDABLE HOUSING VT N/A RELATED -4 139881 0 1 0.00010 COLONIAL WEST LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 200858645 AFFORDABLE HOUSING VT N/A RELATED -35872 1264426 0 1 0.00100 CONANT SQUARE HOUSING LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 205242617 AFFORDABLE HOUSING VT N/A RELATED -72383 15994 0 1 0.00010 CPWD HOUSING LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 263516655 AFFORDABLE HOUSING VT N/A RELATED -12 486050 0 1 0.00010 MARBLE HOUSE LP 100 BANK STREET SUITE 400 RUTLAND VT 05401 352543306 AFFORDABLE HOUSING VT N/A RELATED -5 382712 0 1 0.00010 RUTLAND AFS LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 208276223 AFFORDABLE HOUSING VT N/A RELATED -8 508311 0 1 0.00010 STANISLAUS HOUSING LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 272697338 AFFORDABLE HOUSING VT N/A RELATED -57376 366874 0 1 0.00010 THAYER BTS HOUSING LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 383870564 AFFORDABLE HOUSING VT N/A RELATED -17 88251 0 1 0.00010 TUTTLE BLOCK HOUSING LP 100 BANK STREET SUITE 400 BURLINGTON VT 05401 200804680 AFFORDABLE HOUSING VT N/A RELATED -238753 0 1 1.00000 WATKINS SCHOOL LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 364780158 AFFORDABLE HOUSING VT N/A RELATED -11 69503 0 1 0.01000 HERITAGE COURT APARTMENTS LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 371852159 AFFORDABLE HOUSING VT N/A RELATED -4 563150 0 1 0.01000 APPLETREE HOUSING LP 100 BANK STREET SUITE 400 RUTLAND VT 05701 831941385 AFFORDABLE HOUSING VT N/A RELATED -17 1969239 0 1 0.00010 LINCOLN PLACE LP 27 WALES STREET SUITE 201 RUTLAND VT 05701 854391243 AFFORDABLE HOUSING VT N/A RELATED -28 133032 0 1 0.00010 TUTTLE BLOCK APARTMENTS LP 100 BANK STREET SUITE 400 RUTLAND VT 05701 874619932 AFFORDABLE HOUSING VT N/A RELATED 1 379142 0 0 WATKINS VENTURE INC 27 WALES STREET SUITE 201 RUTLAND VT 05701 465307529 AFFORDABLE HOUSING VT N/A C 1.00000 0 RCCLT PARTNERS INC 27 WALES STREET SUITE 201 RUTLAND VT 05701 203040529 AFFORDABLE HOUSING VT N/A C 1.00000 0 HTRC VENTURES INC 27 WALES STREET SUITE 201 RUTLAND VT 05701 371852159 AFFORDABLE HOUSING VT N/A C 1.00000 0 HTRC GENERAL INC 27 WALES STREET SUITE 201 RUTLAND VT 05701 384165389 AFFORDABLE HOUSING VT N/A C 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 RUTLAND REHAB LP L 64500 ACCRUAL THAYER BTS HOUSING LP L 73074 ACCRUAL CPWD HOUSING LP L 61092 ACCRUAL APPLETREE HOUSING LP L 75161 ACCRUAL TUTTLE BLOCK APARTMENTS LP L 40600 ACCRUAL LINCOLN PLACE LP L 87500 ACCRUAL