2025-02-12T17:42:27-05:00 2024-12-31 030302296 KITTELL BRANAGAN & SARGENT 154 N MAIN ST ST ALBANS VT 05478 990 2024-01-01 237385650 BARTON CHAMBERS APARTMENTS INC BART 8025253907 PO BOX 248 BARTON VT 05822 MELISSA SMITH MANAGER 8025253907 2025-02-01 true true ANDREW BACHAND CPA P01281230 8025249531 2025-02-08 2024 2025-03-06 01:10:19Z PETER TARBOX PO BOX 315 BARTON VT 05822 494562 false X X 1974 VT TO PROVIDE LOW COST ELDERLY HOUSING 6 6 5 0 5000 10000 442652 478480 30 39 11846 6043 459528 494562 0 0 79017 75794 0 0 370882 379695 449899 455489 9629 39073 1123924 1103170 1390704 1330877 -266780 -227707 TO PROVIDE LOW COST ELDERLY HOUSING false false 411814 484523 TO PROVIDE 47 UNITS OF FEDERALLY SUBSIZED HOUSING TO THE ELDERLY 411814 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 10 0 true 5 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false false true true true false true true true false VT X MELISSA SMITH 8025253907 PO BOX 248 BARTON VT 05822 X MARIA BLISS DIRECTOR 1.00 X 0 0 0 PAM POGINY SECRETARY 1.00 X X 0 0 0 MARSHA SICARD DIRECTOR 1.00 X 0 0 0 PETER TARBOX PRESIDENT 1.00 X X 0 0 0 LORI WELLS TREAUSRER 1.00 X X 0 0 0 KATHY WHITE VICE PRESIDE 1.00 X X 0 0 0 false false false 10000 10000 PROGRAM SERVICE REVENUE 531390 478480 478480 478480 39 39 LAUNDRY REVENUE 812900 5223 5223 MISC. REVENUE 812900 820 820 6043 494562 484523 39 30585 30585 39700 39700 5509 3169 2340 10750 10750 1414 1414 1312 1312 230015 230015 99417 99417 24714 24714 SECURITY 6292 6292 TAXES - OTHER 3179 3179 MISC. EXPENSE 2602 2602 455489 411814 43675 0 87146 73895 20 14748 12944 8005 11377 3621429 2616495 1014025 1004934 1123924 1103170 15059 12650 1355602 1298330 20043 19897 1390704 1330877 X -266780 -227707 -266780 -227707 1123924 1103170 X 39073 X false true X true false X 187741 214917 210522 230166 260895 1104241 187741 214917 210522 230166 260895 1104241 1104241 295 48 34 30 39 446 8432 5757 10106 11846 11846 47987 1152674 2163295 0.95800 0.95000 X PART II, LINE 10 OTHER INCOME 47,987 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 243597 243597 2942340 2308874 633466 435492 307621 127871 1004934 SECURITY DEPOSITS 19350 ACCRUED LIABILITIES 547 19897 X 606378 111816 111816 494562 494562 567305 111816 111816 455489 455489 SCHEDULE D, PAGE 3, PART X BARTON CHAMBERS APARTMENTS, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS RECOGNIZED AS A NON-PROFIT CORPORATION BY THE STATE OF VERMONT. CONSIDERATION HAS BEEN GIVEN TO UNCERTAIN TAX POSITIONS. THE FEDERAL INCOME TAX RETURNS FOR THE YEARS ENDED AFTER DECEMBER 31, 2021, REMAIN OPEN FOR POTENTIAL EXAMINATION BY MAJOR TAX JURISDICTIONS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D INTEREST SUBSIDY REPORTED AS REVENUE ON FS 111,816 SCHEDULE D, PAGE 4, PART XII, LINE 2D INTEREST SUBSIDY NETTED WITH INTEREST EXPENSE ON 990 111,816 FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD PRESIDENT REVIEWS AND SIGNS THE 990 AS MANY OF THE BOARD MEMBERS ARE OUT OF STATE DURING THE WINTER MONTHS. THE 990 IS AVAILABLE FOR THE BOARD TO REVIEW AND IT IS PRESENTED WITH THE AUDITED FINANCIALS TO THE FULL BOARD AT THEIR MID-MAY ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS SIGNED AND SUBMITTED CONTRACTS TO RD/UDAG AGREEING TO ADHERE TO RULES PROMULAGATED IN THE HB-2-3560 WHICH INCLUDES IN SECTION 1 (3.4), SECTION 2 (3.6) (AND OTHERS) PROCEDURES TO BE FOLLOWED REGARDING IDENTITY OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD ESTABLISHES THE SITE MANAGER'S COMPENSATION PRIOR TO THE ANNUAL BUDGET PREPARATION IN AUGUST. FORM 990, PAGE 6, PART VI, LINE 15B OTHER EMPLOYEES ARE EVALUATED FOR RATE INCREASES IN AUGUST PRIOR TO THE BUDGET SUBMISSION TO RURAL DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 INTEREST SUBSIDY REPORTED AS REVENUE ON FS 111,816 INTEREST SUBSIDY NETTED WITH INTEREST EXPENSE ON 990 -111,816