Parkhurst Community Housing Inc is located in White River Jct, VT. The organization was established in 2018. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, 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.
For the year ending 12/2021, Parkhurst Community Housing Inc generated $184.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $209.2k during the year ending 12/2021. While expenses have increased by 27.4% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING OPPORTUNITIES FOR LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING TO LOW AND VERY LOW INCOME FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Hesser President | OfficerTrustee | 1 | $0 |
Dan Stannard Treasurer | OfficerTrustee | 1 | $0 |
Nan Carroll Vice Presdient | OfficerTrustee | 1 | $0 |
Andrew Winter Executive Director | Officer | 1 | $0 |
Ethan Frechette Secretary | Trustee | 1 | $0 |
Evan Cross Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $149,994 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $149,994 |
Total Program Service Revenue | $34,184 |
Investment income | $119 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $184,297 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $15,610 |
Fees for services: Legal | $2,232 |
Fees for services: Accounting | $6,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $36,697 |
Payments to affiliates | $4,308 |
Depreciation, depletion, and amortization | $64,759 |
Insurance | $4,564 |
All other expenses | $2,132 |
Total functional expenses | $209,174 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $76,166 |
Savings and temporary cash investments | $113,045 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,889 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,500 |
Net Land, buildings, and equipment | $2,420,987 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,117 |
Total assets | $2,626,704 |
Accounts payable and accrued expenses | $1,868 |
Grants payable | $0 |
Deferred revenue | $785 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,123,617 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,205 |
Total liabilities | $2,130,475 |
Net assets without donor restrictions | $496,229 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,626,704 |
Organization Name | Assets | Revenue |
---|---|---|
Belmont Housing Resources For Wny Inc Buffalo, NY | $19,065,783 | $9,706,045 |
Urban Homesteading Assistance U-Hab New York, NY | $22,567,272 | $3,104,949 |
Bethany Community Services Inc Haverhill, MA | $33,080,393 | $11,977,619 |
Hanac Spiti Management Company Inc Astoria, NY | $680,394 | $2,214,088 |
St Luke Services Corporation Oswego, NY | $1,164,061 | $2,696,368 |
Senior Citizens Housing Committee Inc Greenlawn, NY | $15,044,248 | $2,702,685 |
Marbury Terrace Inc Jamaica Plain, MA | $26,618,029 | $822,238 |
Lynn Housing Authority Development Group Inc Lynn, MA | $366,816 | $632,602 |
479 Courtlandt Avenue Housing Development Fund Corporation Bronx, NY | $2,079,159 | $407,298 |
Parkhurst Community Housing Inc White River Jct, VT | $2,626,704 | $184,297 |
3948 Amboy Rd Realty Corp Staten Island, NY | $1,997,483 | -$42,179 |
Workforce Housing Coalition Of The Greater Seacoast Raymond, NH | $141,521 | $0 |