2024-08-02T12:50:41-04:00 2023-09-30 030340114 MUDGETT JENNETT & KROGH-WISNER 141 MAIN ST STE 2 MONTPELIER VT 05602 990 2022-10-01 223309872 TWIN VALLEY SENIORS INC TWIN 8022233322 PO BOX 152 EAST MONTPELIER VT 05651 DENISE WHEELER CHAIR, ACTING EX DIR 8022233322 2024-08-01 true true ERIN J PACKIE CPA P01442458 8022299193 2024-08-02 2022 2024-08-08 14:25:15Z DENISE WHEELER PO BOX 152 EAST MONTPELIER VT 05651 308262 false X TWINVALLEYSENIORS.ORG X 1983 VT TO FACILITATE THE SOCIAL, EMOTIONAL, AND PHYSICAL WELL BEING OF INDEPENDENT SENIOR CITIZENS BY PROVIDING ACCESS TO COMMUNITY RESOURCES AND PROVIDING SERVICES AND ACTIVITIES THAT MAINTAIN SENIOR CITIZENS' INDEPENDENCE AND WELLNESS. 6 6 5 51 11564 7135 94335 177359 77227 73880 139 726 15878 18294 187579 270259 0 0 46306 70271 0 4857 152739 123189 199045 193460 -11466 76799 494317 560613 312651 302148 181666 258465 X TO FACILITATE THE SOCIAL, EMOTIONAL, AND PHYSICAL WELL BEING OF INDEPENDENT SENIOR CITIZENS BY PROVIDING ACCESS TO COMMUNITY RESOURCES AND PROVIDING SERVICES AND ACTIVITIES THAT MAINTAIN SENIOR CITIZENS' INDEPENDENCE AND WELLNESS. false false 134466 72486 MEALS PROGRAM FOR SENIORS - THE SENIOR CENTER SERVES APPROXIMATELY 1,000 MEALS MONTHLY ON SITE AND THROUGH THE MEALS ON WHEELS PROGRAM. THESE MEALS ARE BY DONATION ONLY, REGARDLESS OF ABILITY TO PAY. THE MEALS ARE HOME COOKED, NUTRITIONAL, WELL BALANCED MEALS THAT ARE OVERSEEN BY A REGISTERED DIETICIAN. 12597 1394 PROVIDE HEALTH AND SOCIAL PROGRAMS FOR SENIORS - THIS INCLUDES PROVIDING PERIODIC EXERCISE CLASSES, FOOT CLINICS, FLU SHOTS, AND BLOOD PRESSURE CHECKS. THESE PROGRAMS ARE PROVIDED AT LOW COST (AND MANY ARE PROVIDED AT NO COST) TO AREA SENIORS. 147063 true true false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 2 0 5 true true true false false false false false false false X 6 6 false false false false false false false true true false false true false false false true true false X TERRI STEGER 8022233322 4583 US ROUTE 2 EAST MONTPELIER VT 05651 DENISE WHEELER CHAIR, ACTIN 10.00 X X 0 0 0 CECILE SHERBURN VICE CHAIR 1.00 X X 0 0 0 GEORGE BOLLENBACK TREASURER 10.00 X X 0 0 0 SUE CAREY SECRETARY 2.00 X X 0 0 0 FRED WILBER MEMBER 2.00 X 0 0 0 BARRY IBEY MEMBER 2.00 X 0 0 0 SUSAN CRAMPTON MEMBER 1.00 X 0 0 0 EUGENE TROIA EXECUTIVE DI 30.00 X 32500 0 0 32500 false false false 177359 27308 177359 MEALS PROGRAMS 624210 72486 72486 HEALTH/SOCIAL PROGRAMS 624110 1394 1394 73880 726 726 46594 35030 11564 11564 11564 8684 2973 5711 5711 OTHER INCOME 1019 1019 1019 270259 74899 11564 6437 19375 5425 10656 3294 45823 40340 4265 1218 5073 3501 1227 345 7554 7554 5975 5830 145 6859 105 6754 21622 14196 7426 7570 7570 6254 5629 625 4353 2963 1390 MEAL PROGRAM EXPENSES 52841 52841 MILEAGE REIMBURSEMENTS 8663 8663 INCOME TAX 1498 1498 193460 147063 41540 4857 51928 114445 26147 26861 1458 492586 74737 416242 417849 494317 560613 3254 1057 305297 294779 4100 6312 312651 302148 X 179671 220950 1995 37515 181666 258465 494317 560613 X 76799 X true X false true false X 128996 200781 210434 94335 177359 811905 31736 32989 29262 78208 74899 247094 9312 10226 7582 2294 5711 35125 170044 243996 247278 174837 257969 1094124 11000 10977 21977 11000 10977 21977 1072147 336 16919 336 139 726 18456 8963 7347 5637 21947 336 16919 9299 7486 6363 40403 170380 260915 256577 182323 264332 1134527 0.94500 0.95680 0.04000 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94654 94654 337446 30032 307414 55596 41235 14361 4890 3470 1420 417849 TENANT SECURITY DEPOSITS 5315 TENANT PREPAID RENT 997 6312 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A). THE ORGANIZATION IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES (UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE). CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE TO DONORS UNDER SECTION 170 OF THE CODE. FOR THE YEAR ENDED SEPTEMBER 30, 2023, THE ORGANIZATION HAD UNRELATED BUSINESS TAXABLE INCOME OF 7,135 RELATED TO RENTAL INCOME FOR FOUR DEBT- FINANCED RESIDENTIAL RENTAL APARTMENTS. FEDERAL TAX ON THIS INCOME IS 1,498. FOR THE YEAR ENDED SEPTEMBER 30, 2022, THE ORGANIZATION HAD UNRELATED BUSINESS TAXABLE INCOME OF 9,300 RELATED TO RENTAL INCOME FOR FOUR DEBT-FINANCED RESIDENTIAL RENTAL APARTMENTS. FEDERAL TAX ON THIS INCOME WAS 2,001. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST CRITERIA ESTABLISHED BY U.S. GAAP AND BELIEVES THERE ARE NO SUCH UNCERTAIN TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF SEPTEMBER 30, 2023. ANY CHANGES IN TAX POSITION WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE TAX YEARS ENDING SEPTEMBER 30, 2022, 2021 AND 2020 ARE STILL OPEN FOR AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. X 9 22895 COST X MILEAGE 317 4103 FEDERAL MILEAGE RATE X SUPPLIES 1 310 COST false false false FORM 990 - ORGANIZATION'S MISSION TO FACILITATE THE SOCIAL, EMOTIONAL, AND PHYSICAL WELL BEING OF INDEPENDENT SENIOR CITIZENS BY PROVIDING ACCESS TO COMMUNITY RESOURCES AND PROVIDING SERVICES AND ACTIVITIES THAT MAINTAIN SENIOR CITIZENS' INDEPENDENCE AND WELLNESS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE MEMBERS OF THE BOARD TO REVIEW BEFORE THE RETURN IS FILED. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USES COMPARABILITY DATA TO DETERMINE WAGES. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION USES COMPARABILITY DATA TO DETERMINE WAGES. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE 7,804