Westgate Housing Inc is located in Brattleboro, VT. The organization was established in 2007. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westgate Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Westgate Housing Inc generated $83.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $103.6k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOW INCOME HOUSING ORGANIZATION
Describe the Organization's Program Activity:
Part 3
WHI HELPED WESTGATE RESIDENTS DEVELOPE AND FUND A NUMBER OF PROGRAMS AND SERVICES TO BENEFIT CHILDREN YOUTH AND ELDERS; AFTER SCHOLL AND SUMMER LUNCH PROGRAMS (120 CHILDREN) COMMUNITY GRADENS AND NUTRITIONAL/EDUCATIONAL PROG (150 ADULTS)
WHI MONITER THE MANAGEMENT OF WESTGATE APARTMENTS IN COOLABORATION WITH IT'S NON-PROFIT PARTNER HOUSING VERMONT. WHI MET REGULARLY WITH PROPERTY MGMT TO REVIEW ISSUES WITH RESIDENTS AND NEIGHBORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Masterson Community Director | 40 | $53,376 | |
Kara Orfandis Vice President | 1 | $0 | |
Julie Maloof President | 1 | $0 | |
Lea Loomis Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $78,750 |
Membership dues | $0 |
Investment income | $238 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,873 |
Other Revenue | $62 |
Total Revenue | $83,923 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $63,483 |
Professional fees and other payments to independent contractors | $200 |
Occupancy, rent, utilities, and maintenance | $17,591 |
Printing, publications, postage, and shipping | $4,345 |
Other expenses | $17,957 |
Total expenses | $103,576 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $115,664 |
Other assets | $0 |
Total assets | $139,010 |
Total liabilities | $2,170 |
Net assets or fund balances | $136,840 |