2024-10-21T09:18:07-04:00 2023-12-31 030280081 JMM & ASSOCIATES PC 463 MOUNTAIN VIEW DR STE 403 COLCHESTER VT 05446 990 2023-01-01 030301526 RUTLAND WEST NEIGHBORHOOD HOUSING SERVICES INC RUTL 8024382303 110 MARBLE STREET WEST RUTLAND VT 05777 MELANIE PASKEVICH INTERIM E.D. 8024382303 2024-10-10 true false RANDALL L SARGENT CPA P00136499 8026555665 2024-10-21 2023 2024-10-15 13:58:12Z NEIGHBORWORKS OF WESTERN VERMONT MELANIE PASKEVICH 110 MARBLE STREET WEST RUTLAND VT 05777 3751318 false X WWW.NWWVT.ORG X 1985 VT TO STRENGTHEN THE DEVELOPMENT OF A REGIONAL ECONOMY BY PROMOTING SAFE, EFFICIENT AND STABLE HOUSING AND COMMUNITY PROJECTS THROUGH EDUCATION, TECHNICAL ASSISTANCE, AND FINANCIAL SERVICES. 8 8 18 8 0 2034718 2969146 745562 732745 -151 -219942 48392 49427 2828521 3531376 591882 1616977 0 1327102 1276232 0 0 916579 1002992 2835563 3896201 -7042 -364825 17334099 17517148 6091679 6639553 11242420 10877595 X TO STRENGTHEN THE DEVELOPMENT OF A REGIONAL ECONOMY BY PROMOTING SAFE, EFFICIENT AND STABLE HOUSING AND COMMUNITY PROJECTS THROUGH EDUCATION, TECHNICAL ASSISTANCE, AND FINANCIAL SERVICES. false false 2477775 1616977 HOME REPAIR PROGRAM: THE HOME REPAIR PROGRAM CONSISTS OF NEIGHBORWORKS OF WESTERN VERMONT PROJECT COORDINATORS THAT OVERSEE A REPAIR PROJECT FOR LOW-TO-MODERATE INCOME HOMEOWNERS IN ADDISON, RUTLAND, AND BENNINGTON COUNTIES THAT ARE RECEIVING A LOAN AND/OR GRANT FROM NEIGHBORWORKS OF WESTERN VERMONT (NWWVT). TYPICAL HOME REPAIR PROJECTS INCLUDE NEW WELLS, SEPTIC SYSTEMS, HEATING SYSTEMS, ROOF REPLACEMENT, STRUCTURAL WORK, PLUMBING, ELECTRICAL, AND WEATHERIZATION. AS THE LOAN AND/OR GRANT PROCESS PROCEEDS, PROJECT COORDINATORS ARE COMPLETING A HEALTH AND SAFETY EVALUATION OF THE HOME, WORKING WITH THE HOMEOWNER TO CREATE A SCOPE OF WORK, HELPING WITH CONTRACTORS, AND OBTAINING ESTIMATES FOR THE PROJECT. ONCE THE LOAN AND/OR GRANT IS APPROVED, THE PROJECT COORDINATION CONTINUES WITH PROJECT OVERSIGHT AND ESCROW PAYMENTS TO CONTRACTORS, HELPING AT EVERY STEP UNTIL THE PROJECT IS COMPLETE, HOMEOWNER IS SATISFIED, AND THE HOME IS REPAIRED AND SAFE. 740793 732745 HOMEOWNERSHIP PROGRAM: THE HOMEOWNERSHIP PROGRAM CONSISTS OF BOTH EDUCATION AND COUNSELING FOR SUSTAINABLE HOMEOWNERSHIP. ONE-ON-ONE COUNSELING FOR PRE-PURCHASE COUNSELING, FINANCIAL COACHING AND LIMITED FORECLOSURE COUNSELING IS OFFERED IN-PERSON, VIRTUALLY, OR BY PHONE. PRE-PURCHASE EDUCATION IS OFFERED IN-PERSON, ONLINE AND VIRTUALLY. FORECLOSURE EDUCATION AND FINANCIAL CAPABILITY CLASSES ARE OFFERED ONLINE ONLY. THERE ARE APPROXIMATELY 150 PARTICIPANTS EACH YEAR ATTENDING HOMEOWNERSHIP AND FINANCIAL LITERACY EDUCATION CLASSES AND APPROXIMATELY 250 THAT TAKE ADVANTAGE OF SOME COUNSELING SERVICES OFFERED. 3218568 true true false false false false false false true false true false false false true true true true false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 67 0 true 18 true false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true false false X INGRID WISELL 8024382303 110 MARBLE AVENUE WEST RUTLAND VT 05777 HEATHER STARZYNSKI EXECUTIVE DI 40.00 X 126875 0 18280 JENNIFER YAKUNOVICH PRESIDENT 2.00 X X 0 0 0 KERI FRANZONI VICE PRESIDE 2.00 X X 0 0 0 GABRIELLE GLADDING SECRETARY 2.00 X X 0 0 0 KAREN BARTLETT DIRECTOR 2.00 X 0 0 0 PEG FLORY DIRECTOR 2.00 X 0 0 0 MELINDA HUMPHREY DIRECTOR 2.00 X 0 0 0 CHERYL HOOKER DIRECTOR 2.00 X 0 0 0 KARIN STAMY DIRECTOR 2.00 X 0 0 0 126875 18280 1 false false false INSERO & CO CPAS LLC 300 CLINTON SQUARE ROCHESTER NY 14604 OUTSOURCED CFO 162432 1 2464364 504782 2969146 INTEREST INCOME 531390 540375 540375 PROGRAM & REVOLVING LOAN FEES 531390 192370 192370 732745 41269 41269 41269 41269 219942 -219942 -219942 -219942 MISCELLANEOUS 531390 8158 8158 8158 3531376 520961 41269 1616977 1616977 145155 29031 116124 670187 564088 106099 36149 30157 5992 348340 264053 84287 76401 56502 19899 37315 37315 28358 28358 238924 50947 187977 5071 3311 1760 105045 65899 39146 80118 66921 13197 18428 14856 3572 24775 6846 17929 179703 179703 18826 12566 6260 24648 19100 5548 PROGRAM EXPENSE 206401 206101 300 BAD DEBT 26058 26058 MISCELLANEOUS 9322 5452 3870 3896201 3218568 677633 0 1308117 516034 2182550 2341715 667414 1317261 48654 31146 11792628 11546262 194690 43622 2598294 1198174 692163 1400120 447883 320988 17334099 17517148 132219 176452 264708 225340 248722 192299 5316736 5957691 129294 87771 6091679 6639553 X 10482041 10413379 760379 464216 11242420 10877595 17334099 17517148 -364825 X false true X true true true X 1158418 2906640 3149719 2034718 2969146 12218641 1158418 2906640 3149719 2034718 2969146 12218641 12218641 36060 37785 52704 47295 41269 215113 12433754 4430887 0.98270 0.98180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 513116 513116 1712744 851331 861413 45882 30780 15102 326552 316063 10489 1400120 LEASE LIABILITY 87771 87771 X 3531376 3531376 3531376 3896201 3896201 3896201 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION RECEIVES GRANTS FROM VARIOUS SOURCES TO DISBURSE AS REHABILITATION LOANS TO QUALIFYING CLIENTS IN THE AREA IT SERVES. SCHEDULE D, PAGE 3, PART X NWWVT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE AUDITED FINANCIAL STATEMENTS. true RENTAL REHAB 40 1616977 SCHEDULE I, PAGE 1, PART I, LINE 2 CLIENTS ARE INCOME QUALIFIED AND AREA MEDIAN INCOME AND ADDRESS LOCATIONS ARE PROVIDED TO FUNDERS IN A REPORT TO VERIFY ELIGIBILITY. FORM 990, PAGE 1, ITEM C NEIGHBORWORKS OF WESTERN VERMONT FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS CONSIST OF: BOARD MEMBER VOLUNTEERS WHO SERVE AS TRUSTED ADVISORS TO THE EXECUTIVE DIRECTOR IN DEVELOPING AND IMPLEMENTING THE ORGANIZATION'S STRATEGIC PLAN. BOARD MEMBERS APPROVE THE ANNUAL BUDGET, AUDIT REPORTS, AND MAKE MATERIAL BUSINESS DECISIONS. LOAN COMMITTEE MEMBERS WHO EVALUATE APPLICATIONS FOR APPROVAL. THE COMMITTEE EXAMINES LOAN DOCUMENTATION TO ASSURE THAT APPLICANTS CONSISTENTLY MEET THE ORGANIZATION'S POLICIES AND REGULATORY GUIDELINES. OTHER VOLUNTEERS, WHO PERFORM VARIOUS ORGANIZATIONAL RELATED DUTIES AND TASKS. FORM 990, PAGE 2, PART III, LINE 4A HOME REPAIR PROGRAM: THE HOME REPAIR PROGRAM CONSISTS OF NEIGHBORWORKS OF WESTERN VERMONT PROJECT COORDINATORS THAT OVERSEE A REPAIR PROJECT FOR LOW-TO-MODERATE INCOME HOMEOWNERS IN ADDISON, RUTLAND, AND BENNINGTON COUNTIES THAT ARE RECEIVING A LOAN AND/OR GRANT FROM NEIGHBORWORKS OF WESTERN VERMONT (NWWVT). TYPICAL HOME REPAIR PROJECTS INCLUDE NEW WELLS, SEPTIC SYSTEMS, HEATING SYSTEMS, ROOF REPLACEMENT, STRUCTURAL WORK, PLUMBING, ELECTRICAL, AND WEATHERIZATION. AS THE LOAN AND/OR GRANT PROCESS PROCEEDS, PROJECT COORDINATORS ARE COMPLETING A HEALTH AND SAFETY EVALUATION OF THE HOME, WORKING WITH THE HOMEOWNER TO CREATE A SCOPE OF WORK, HELPING WITH CONTRACTORS, AND OBTAINING ESTIMATES FOR THE PROJECT. ONCE THE LOAN AND/OR GRANT IS APPROVED, THE PROJECT COORDINATION CONTINUES WITH PROJECT OVERSIGHT AND ESCROW PAYMENTS TO CONTRACTORS, HELPING AT EVERY STEP UNTIL THE PROJECT IS COMPLETE, HOMEOWNER IS SATISFIED, AND THE HOME IS REPAIRED AND SAFE. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PROVIDED TO THE FULL BOARD BEFORE FILING. THE FINANCE COMMITTEE REVIEWS THE RETURN AND HAS THE OPPORTUNITY TO ASK QUESTIONS BEFORE APPROVING IT FOR FILING. FORM 990, PAGE 6, PART VI, LINE 12C WHILE ANY STAFF OR BOARD MEMBER'S FAMILY OR ACQUAINTANCE WHO IS ELIGIBLE FOR OUR SERVICES IS ENTITLED TO THE SAME CONSIDERATION AS ANY OTHER MEMBER OF OUR COMMUNITY, WE ARE VERY CAREFUL TO PUT CONTROLS ON WHO MANAGES THE CASE TO AVOID ANY CONFLICT OF INTEREST. IT IS RARE THAT A FAMILY MEMBER ASKS FOR SERVICES, BUT IN ALL CASES WE ISOLATE ANY RELATIONS FROM ANY DECISION MAKING ROLE IN THE CASE. A STAFF MEMBER'S REQUEST MUST NOT ONLY GO THROUGH STANDARD APPROVAL PROTOCOLS, BUT MUST ALSO RECEIVE APPROVAL FROM THE EXECUTIVE DIRECTOR AND FROM THE PRESIDENT OF THE BOARD TO ASSURE THAT ALL MATTERS OF PRIVACY AND CONFLICT OF INTEREST HAVE BEEN ADHERED TO. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD PRESIDENT APPOINTS A SMALL COMMITTEE OF THREE OR FOUR TO REVIEW THE EXECUTIVE DIRECTOR AND MAKE RECOMMENDATIONS TO THE FULL BOARD WITH AN ASSESSMENT OF PERFORMANCE AND ANNUAL COMPENSATION ADJUSTMENTS. THE EXECUTIVE DIRECTOR PREPARES A SELF-EVALUATION FOR THE COMMITTEE; THE COMMITTEE REVIEWS AND WRITES THEIR OWN ASSESSMENT AND THE TWO TOGETHER AGREE ON GOALS FOR THE NEXT YEAR. THE WORK OF THE COMMITTEE GOES TO THE FULL BOARD FOR REVIEW AND APPROVAL BEFORE THE END OF THE CALENDAR YEAR. FORM 990, PAGE 6, PART VI, LINE 19 ALL POLICIES INCLUDING GOVERNANCE DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST STATEMENTS ARE KEPT IN PRINT FORM IN BOOKS AVAILABLE TO ANYONE WHO WANTS TO REVIEW THEM. WE UNDERGO THOROUGH EXAMINATION EVERY YEAR BY AT LEAST FOUR MAJOR FUNDERS AND THREE LENDERS WHO MONITOR OUR TIMELINESS AND APPROPRIATENESS IN MAINTAINING THE FOUNDATIONS OF GOOD FISCAL AND OPERATIONS MANAGEMENT AND GOVERNANCE. OCTOBER HILL LLC 110 MARBLE STREET WEST RUTLAND VT 05777 262905160 REAL ESTAT VT 100441 RWNHS MARBLE STREET LLC 110 MARBLE STREET WEST RUTLAND VT 05777 270679126 REAL ESTAT VT 40969 164899 RWNHS LABORWORKS AT NEIGHBORWORKS LLC 110 MARBLE STREET WEST RUTLAND VT 05777 454154351 LABOR VT 50000 RWNHS VT ENERGY EFFICIENCY LOAN FUND LLC 110 MARBLE STREET WEST RUTLAND VT 05777 472167020 LOANS VT 6035015 RWNHS RUTLAND WEST HOUSING LP 110 MARBLE STREET WEST RUTLAND VT 05777 161675762 REAL ESTAT VT N/A 802384 false false 0.99990 KAZON BUILDING INC 110 MARBLE STREET WEST RUTLAND VT 05777 030522901 RENTAL VT NWWVT C CORP 1.00000 false false false false false false false false false false false true false false false false false false false false RUTLAND WEST HOUSING LP K 46727 LEASE AGREEMENT SCHEDULE R OCTOBER HILL LLC AND LABORWORKS AT NEIGHBORWORKS LLC WERE BOTH DISSOLVED IN 2023.