2024-08-15T13:22:35-05:00 2023-09-30 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2022-10-01 222976053 Shires Housing Inc SHIR 8024428139 PO Box 1247 Bennington VT 05201 Catherine Bryars Executive Director 8024428139 2024-08-15 1 1 Melissa Magoon CPA P01712842 6036697337 2024-08-15 2022 2024-08-08 14:25:15Z Catherine Bryars PO Box 1247 Bennington VT 05201 3531573 0 X www.shirehousing.org X 1991 VT Shires Housing's mission is to provide safe, decent and perpetually affordable housing options for low and moderate income residents of Bennington County. At Shires Housing we are helping transform communities by improving neighborhoods, providing workforce housing, and driving economic development in our region. 7 7 28 10 0 0 412159 1860443 1487699 1670216 71710 914 0 0 1971568 3531573 0 0 0 0 1282014 1319455 0 0 55960 1098096 1392765 2380110 2712220 -408542 819353 9318140 11502174 3793901 5157184 5524239 6344990 X Shires Housing's mission is to provide safe, decent and perpetually affordable housing options for low and moderate income residents of Bennington County. 1 1 1810827 1270714 All activity relating to the acquisition and rehabilitation or construction of affordable apartments and homes for low and moderate income Vermonters. 205966 220316 All activity related to the leasing and maintaining of housing targeted for senior citizens. Activity includes screening applicants, leasing apartments, implementing on-call and preventative maintenance, ensuring lease compliance, and ensuring funding compliance. Shires staff provide supportive services to the residents, including individual health plans, hospital discharge planning, wellness nurse services, food distribution and more. 43952 61963 Operation of 6 rental units located on North Street, Bennington, VT. 44786 36080 Operation of 4 Rental Units at 123-130 West Main St. Bennington, VT. 24574 28472 Operation of 3 Rental Units at 209 Park Street, Bennington, VT. 33523 35747 Operation of 4 rental units at 137-139 Benmont Ave., Bennington, VT. 26341 16924 Operating of 2 rental units at 810 Gage Street, Bennington, VT. 129224 117223 2189969 1 1 0 0 0 0 0 0 0 0 1 1 0 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 17 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X Wendy Zeiba 4138844326 307 North St Bennington VT 05201 Kathy Leech President 4.00 X X 0 0 0 Amy McNeil Treasurer 2.00 X X 0 0 0 Christopher Williams Secretary 2.00 X X 0 0 0 David Silver Director 2.00 X 0 0 0 Julius Rosenwald Director 2.00 X 0 0 0 William Deveneau Director 2.00 X 0 0 0 Reed Bongartz Director 2.00 X 0 0 0 Jessica Chapman Past Treasurer 2.00 X X 0 0 0 Jim Sullivan Past Director 2.00 X 0 0 0 Madison Kremer Past Interim Executive Director 45.00 X 78300 0 20145 Catherine Bryars Executive Director 45.00 X 15106 0 882 93406 0 21027 0 0 0 0 0 289000 1571443 1860443 Tenant Rent 531110 914981 914981 Management Fees 531110 456690 456690 Development Fees 531110 279258 279258 Miscellaneous 531110 19287 19287 1670216 914 914 3531573 1670216 0 914 X 114433 100479 10965 2989 954431 838049 91455 24927 5559 4880 533 146 159481 140035 15281 4165 85551 75120 8197 2234 17013 17013 94357 82853 9040 2464 541277 280294 260983 1032 906 99 27 86063 75569 8247 2247 369336 324296 35392 9648 9467 8313 907 247 46940 41216 4498 1226 109668 96295 10509 2864 26191 22997 2510 684 Property Management 71255 62567 6827 1861 Miscellaneous Expenses 11316 11316 Loss on Disposal of Pro 8850 7771 848 231 2712220 2189969 466291 55960 362482 313732 594645 264194 249099 192574 25538 68669 3255635 5148182 47908 62660 3830155 1605896 2875982 2224259 1818173 3205673 88678 22231 9318140 11502174 337126 466846 11020 19446 3415414 4048195 30341 622697 3793901 5157184 X 5524239 6344990 5524239 6344990 9318140 11502174 819353 5079 -3681 0 X 0 1 X 1 0 X 742238 1766790 897943 412159 1860443 5679573 742238 1766790 897943 412159 1860443 5679573 5679573 2350 1836 1531 1836 914 8467 220706 220706 5908746 8363509 0.96120 0.95400 X Schedule A, Part II, Line 10, Explanation of Other Income: Forgiveness of Debt - 2020 Amount: $ 220,706. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 564426 564426 1739507 1605896 133611 190934 190934 1335288 1335288 2224259 3205673 F 3205673 Tenant Security Deposits 34337 Due to Related Parties 588360 622697 Form 990 Part X Line 10b The Organization's accumulated depreciation is consolidated into one account. Therefore, the Organization maintains no categorical breakdown of accumulated depreciation into Schedule D allotted segments Form 990, Part III, line 2 Development of two new recovery housing projects in Bennington. Working with local non-profits to provide housing for individuals in recovery, one for men and one for women. Form 990, Part III, line 3 Shires maintained partnership interest in Applegate Apartments in Bennington but turned over the management of the property to an independent management firm effective 11/30/22. Shires sold property at 810 Gage St Bennington and ceased operations there. Form 990, Part VI, Section A, line 4 During the year, the Organization amended their bylaws and made the following changes: - Changed minimum number of Board Members from 5 to 7. - The Director term changed from 3 years to 2 years. - The maximum years before one year break chnaged from 9 to 8. - The deadline for notice of meeting changed from 10 to 7 days. Notice requirement changed to state that for certain actions, avote will be taken at the meeting. 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 A, line 7b The Board of Directors vote to approve the governing decisions. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Board Treasurer and Executive Committee prior to submission. Form 990, Part VI, Section B, line 12c Executive Director reports to Board annually about conflict of interest policy compliance. 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 IX, line 11g Other Professional Fees: Program service expenses 280,294. Management and general expenses 0. Fundraising expenses 0. Total expenses 280,294. Other Administrative: Program service expenses 0. Management and general expenses 260,983. Fundraising expenses 0. Total expenses 260,983. 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