Gilman Housing Corporation
- Assets
- $448.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lyndonville, VT
- Founding
- 10/1984
- Data as of
- 12/2021
- EIN
- 22-2540936
Organization Overview
Gilman Housing Corporation is located in Lyndonville, VT. The organization was established in 1984. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Gilman Housing Corporation 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 12/2021, Gilman Housing Corporation generated $182.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $178.9k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SUBSIDIZED RENTAL HOUSING FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Campbell Director | 1 | $0 | |
Lorraine Janowski Director | 1 | $0 | |
Patricia Sears Secretary | 1 | $0 | |
Megan Maclure Director | 1 | $0 | |
Kimico Perry Director | 1 | $0 | |
Tim O'neill President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $182,176 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,190 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $22,198 |
| Occupancy, rent, utilities, and maintenance | $136,618 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,096 |
| Total expenses | $178,912 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,983 |
| Other assets | $0 |
| Total assets | $448,268 |
| Total liabilities | $543,324 |
| Net assets or fund balances | -$95,056 |
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