2025-11-17T09:36:00-05:00 2024-12-31 030280081 JMM & ASSOCIATES PC 463 MOUNTAIN VIEW DR STE 403 COLCHESTER VT 05446 990 2024-01-01 223032009 ADDISON COUNTY COMMUNITY TRUST ADDI 8028772626 272 MAIN STREET VERGENNES VT 05491 ELISE SHANBACKER EXECUTIVE DIRECTOR 8028772626 2025-11-17 true false RANDALL L SARGENT CPA P00136499 8026555665 2025-11-17 2024 2025-03-06 01:10:19Z ADDISON HOUSING WORKS ELISE SHANBACKER 272 MAIN STREET VERGENNES VT 05491 4761184 false X WWW.ADDISONTRUST.ORG X 1989 VT AHW STRIVES TO ENRICH THE LIVES OF LOW AND MODERATE INCOME PEOPLE OF ADDISON COUNTY BY DEVELOPING, MANAGING AND PRESERVING QUALITY, AFFORDABLE HOUSING AND PROVIDING SUPPORTS FOR FAMILIES, SENIORS AND INDIVIDUALS. 14 14 30 20 0 4096193 2038103 2635524 2763525 64891 -89995 43659 41163 6840267 4752796 24317 162550 0 1567389 1697357 0 28535 1572208 1976921 3163914 3836828 3676353 915968 16638687 17190549 5218346 4854240 11420341 12336309 AHW STRIVES TO ENRICH THE LIVES OF LOW AND MODERATE INCOME PEOPLE OF ADDISON COUNTY BY DEVELOPING, MANAGING AND PRESERVING QUALITY, AFFORDABLE HOUSING AND PROVIDING SUPPORTS FOR FAMILIES, SENIORS AND INDIVIDUALS. false false 2924156 2726025 PROPERTY OPERATIONS: OPERATION AND/OR STEWARDSHIP OF OVER 750 UNITS OF PERMANENTLY AFFORDABLE HOUSING; THIS INCLUDES: PROPERTY MANAGEMENT FOR 353 MULTIFAMILY TAX CREDIT APARTMENTS; OPERATION OF 340 LOTS IN NINE NONPROFIT AHW-OWNED PARKS FOR OWNER-OCCUPIED MOBILE HOMES; AND DOWN PAYMENT GRANTS FOR MODERATE-INCOME HOUSEHOLDS WITH SUBSEQUENT STEWARDSHIP OF APPROXIMATELY 76 HOMES IN THE SHARED-EQUITY PROGRAM. APPROXIMATELY 800 HOUSEHOLDS WERE SERVED IN 2024. 259156 162550 37500 REHAB AND DEVELOPMENT: REHAB AND DEVELOPMENT OF NEW AFFORDABLE HOUSING UNITS TO ALLEVIATE THE COUNTY'S LESS-THAN-ONE-PERCENT VACANCY RATE, INCLUDING MULTIFAMILY APARTMENTS AND SINGLE-FAMILY HOMES. 351795 RESIDENT SERVICES: PROVIDING SASH (SUPPORT AND SERVICES AT HOME) SERVICES FOR AHW SENIOR HOUSING RESIDENTS AND RESIDENTS IN THE SURROUNDING COMMUNITIES. APPROXIMATELY 190 SENIORS WERE SERVED IN 2024. ALSO PROVIDING RESIDENT SUPPORT SERVICES AS NEEDED TO FAMILIES AND RESIDENTS IMPACTED BY HOUSING INSTABILITY. APPROXIMATELY 200 HOUSEHOLDS WERE SERVED IN 2024. 3535107 true true false false false false false false true false true false true false false true true true false false false false false false true false false false true false false false false false false false false false false false false false true true true true false false true 27 0 true 30 true false false false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false X KATHY DORMAN 8028772626 272 MAIN STREET VERGENNES VT 05491 ELISE SHANBACKER EXECUTIVE DI 40.00 X 121746 0 5384 DAVID HAMILTON PRESIDENT 2.00 X X 0 0 0 NATASHA SEN VICE PRESIDE 2.00 X X 0 0 0 JAMIE MCKENNA TREASURER 2.00 X X 0 0 0 PEGGY NELSON SECRETARY 2.00 X X 0 0 0 INGRID PIXLEY DIRECTOR 2.00 X 0 0 0 JON CRYSTAL DIRECTOR 2.00 X 0 0 0 JOHN BARSTOW DIRECTOR 2.00 X 0 0 0 ANNA BURNS DIRECTOR 2.00 X 0 0 0 KAREN LUEDERS DIRECTOR 2.00 X 0 0 0 LOUISE SANDBERG DIRECTOR 2.00 X 0 0 0 MARIE LENNON DIRECTOR 2.00 X 0 0 0 SARAH STAR DIRECTOR 2.00 X 0 0 0 BRYAN PLANT DIRECTOR 2.00 X 0 0 0 GABRIEL CALVI DIRECTOR 2.00 X 0 0 0 121746 5384 1 false false false LECOMPTE LANDSCAPING LLC 5429 JERSEY ST VERGENNES VT 05491 LANDSCAPING 107900 1 18100 1786374 233629 6000 2038103 PROGRAM RELATED RENT INCOME 531190 1598128 1598128 PARK MANAGEMENT FEES 531390 607926 607926 APARTMENT MANAGEMENT SERVICES 531310 519971 519971 DEVELOPMENT FEES 531390 37500 37500 2763525 -89995 -89995 39577 8388 31189 MISCELLANEOUS INCOME 531390 9974 9974 9974 4752796 2773499 -89995 162550 162550 127130 66107 41953 19070 1204644 1109926 94718 21686 20263 1423 243867 216587 24354 2926 100030 88547 10173 1310 43468 43468 16500 16500 99659 88060 10275 1324 9649 8513 1006 130 178556 159519 16866 2171 1048526 1045948 2284 294 55724 49327 5667 730 109013 107590 1261 162 357057 355527 1355 175 50861 48735 1883 243 BAD DEBT 7908 7908 3836828 3535107 273186 28535 1657677 790250 734451 880814 475337 622364 268550 189330 460238 493397 13247 13622 66271 96748 15429288 3399345 11516031 12029943 202856 438131 1145254 1626950 98775 9000 16638687 17190549 451195 204953 49874 50491 81745 88627 4635532 4510169 5218346 4854240 X 7656563 11927651 3763778 408658 11420341 12336309 16638687 17190549 915968 X false true X true true true X 1262438 1001822 730819 4096193 1890703 8981975 1262438 1001822 730819 4096193 1890703 8981975 31166 8950809 469742 -9596 -10561 100134 -89995 459724 9441699 12633380 0.94800 0.88050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 5832797 5832797 1077517 482484 595033 8389110 2863588 5525522 58095 53273 4822 71769 71769 12029943 INVESTMENT IN PARTNERSHIPS 1626950 C 1626950 X 4752796 4752796 4752796 3836828 3836828 3836828 SCHEDULE D, PAGE 2, PART IV, LINE 2B ADDISON HOUSING WORK'S ESCROW LIABILITY ACCOUNT REFLECTS FUNDS HELD TEMPORARILY FOR THE PAYMENT OF PROPERTY TAX AND INSURANCE AND TENANT SECURITY DEPOSITS. ADDISON HOUSING WORKS IS ACTING IN THE CAPACITY OF A THIRD-PARTY ON BEHALF OF THEIR TENANTS. SCHEDULE D, PAGE 3, PART X AHW BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. FUNDRAISING 39577 39577 200 4037 1500 2651 39577 39577 200 4037 1500 2651 8388 31189 true MOBILE HOME REPLACEMENT 3 89672 COST DOWN PAYMENT ASSISTANCE 1 72878 COST SCHEDULE I, PAGE 1, PART I, LINE 2 MOBILE HOME REPLACEMENT- AN APPLICATION PROCESS WAS CONDUCTED TO SELECT GRANT RECIPIENTS AND THREE RECIPIENTS WERE AWARDED FUNDS. THE ORGANIZATION MONITORED THE USE OF GRANT FUNDS THROUGH A COST-TRACKING SPREADSHEET TO ENSURE PROPER UTILIZATION. DOWN PAYMENT ASSISTANCE- THE ORGANIZATION DISBURSED THE GRANT DIRECTLY TO THE HOMEBUYER AT CLOSING AND CONFIRMED PROPER USE THROUGH REVIEW OF THE CLOSING STATEMENT AND MORTGAGE DOCUMENTS. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE FINANCE DIRECTOR FOR ACCURACY AND IS THEN SENT TO THE BOARD FINANCE COMMITTEE WHO ALSO REVIEWS IT AND RECOMMENDS ITS ACCEPTANCE TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS SUBMIT A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD PERFORMS THE EXECUTIVE DIRECTOR'S ANNUAL EMPLOYMENT REVIEW AND THEN DETERMINES HER SALARY AND ANNUAL BONUS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIALS ARE PUBLISHED IN THE ANNUAL REPORT ON AHW'S WEBSITE. ADDISON COUNTY HOUSING GROUP LLC 272 MAIN STREET VERGENNES VT 05491 300586019 REAL ESTAT VT 1626950 AHW ACCT MOBILE HOME PARKS LLC PO BOX 311 VERGENNES VT 05491 862591033 REAL ESTAT VT 6590280 AHW ARMORY LANE HOUSING LTD PARTNERSHIP 100 BANK STREET BURLINGTON VT 05401 273385798 REAL ESTAT VT N/A RELATED -14 -28 false true 0.00090 ADDISON HOUSING LP 100 BANK STREET BURLINGTON VT 05401 030352098 REAL ESTAT VT N/A RELATED -957 -5170 false true 0.00500 CREEKVIEW HOUSING 100 BANK STREET BURLINGTON VT 05401 201245556 REAL ESTAT VT N/A RELATED -56480 183199 false true 0.99900 FIREHOUSE APARTMENTS LP 100 BANK STREET BURLINGTON VT 05401 880960022 REAL ESTAT VT N/A RELATED -10 666418 false true 0.00010 MIDDLEBURY SOUTH HOUSING LTD PTRSHP 100 BANK STREET BURLINGTON VT 05401 205689766 REAL ESTAT VT N/A RELATED -1 45 false true 0.00010 NORTH PLEASANT HOUSING 2 LTD PTRSHP 100 BANK STREET BURLINGTON VT 05401 383910645 REAL ESTAT VT N/A RELATED -6 113 false true 0.00010 OTTER CREEK HOUSING LTD PARTNERSHIP 100 BANK STREET BURLINGTON VT 05401 262068417 REAL ESTAT VT N/A RELATED -6 -59 false true 0.00010 PLEASANT HILLS LP 100 BANK STREET BURLINGTON VT 05401 320516868 REAL ESTAT VT N/A RELATED -2 40173 false true 0.00010 SMALLEST CITY HOUSING 100 BANK STREET BURLINGTON VT 05401 030463878 REAL ESTAT VT N/A RELATED -5 667 false true 0.00010 STONE HILL HOUSING LTD PARTNERSHIP 100 BANK STREET BURLINGTON VT 05401 203107791 REAL ESTAT VT N/A RELATED -69 1239 false true 0.00040 SW APARTMENTS LP 7 ASPEN DRIVE SOUTH BURLINGTON VT 05403 821137667 REAL ESTAT VT N/A RELATED false true 0.00010 VERGENNES COMMUNITY HLP 100 BANK STREET BURLINGTON VT 05401 841974508 REAL ESTAT VT N/A RELATED -10 534674 false true 0.00010 MCKNIGHT LANE LP 272 MAIN STREET VERGENNES VT 05491 811444565 REAL ESTAT VT N/A RELATED false true 0.00010 false true false false false false false false false false false true true false false false false false false RELATED PARTNERSHIPS MGMT FEES L 1062482 COST FIREHOUSE LP CAPITAL CONTRIBUTIONS B 585000 COST FIREHOUSE DEVELOPMENT FEES RECEIVED L 30000 COST NORTH PLEASANT HOUSING 2 LP D 474900 COST