2026-08-06T12:27:48+00:00 2025-09-30 440160260 FORVIS MAZARS LLP 910 E ST LOUIS 200 PO BOX 1190 SPRINGFIELD MO 658062523 990 2024-10-01 030272055 LAMOILLE AREA HOUSING CORPORATION COPLEY TERRACE PROJECT LAMO 8028887896 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 JOSEPH WOODIN CEO 8028888888 2026-08-06 true true BRIAN TODD P00422601 4178658701 2026-08-06 2024 2025-03-06 01:10:19Z JOSEPH WOODIN 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 4577138 false X COPLEYVT.ORG X 1978 VT LESSORS OF 38-UNIT APARTMENT PROJECT TO PROVIDE SUBSIDIZED ELDERLY HOUSING. THE PROPERTY AND BUILDING WERE SOLD ON FEBRUARY 24, 2025. X 17 15 2 17 0 0 0 0 535570 256566 1206 3631034 0 0 536776 3887600 0 0 0 227764 104660 0 0 361156 182452 588920 287112 -52144 3600488 816865 5392 145049 0 671816 5392 X TO PROVIDE LOW-INCOME ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS AND TO PROMOTE THEIR HEALTH SECURITY, HAPPINESS AND USEFULNESS IN LONGER AND INDEPENDENT LIVING. false true 207826 0 256566 TO PROVIDE LOW-INCOME ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS AND TO PROMOTE THEIR HEALTH SECURITY, HAPPINESS AND USEFULNESS IN LONGER AND INDEPENDENT LIVING. THESE SERVICES ARE SUBSIDIZED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 8 AND 202 OF THE NATIONAL HOUSING ACT. THE PROPERTY AND BUILDING WERE SOLD ON FEBRUARY 24, 2025. 207826 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 true false false false false false false false false false false false false false true false true false false false false true X 0 0 2 true false false false false false false false false false false false false X 17 15 false false false false true true true true true false false false true true true true true true true true false false X ANGELA LAMELL 8028888222 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 ANNE BONGIORNO VICE CHAIR END / CHAIR BEG 02/25 0.1 1.9 X X 0 0 0 BOB BLEIMEISTER TREASURER 0.1 1.9 X X 0 0 0 CARL SZLACHETKA TRUSTEE / CO VICE CHAIR BEG 02/25 0.1 2.9 X X 0 0 0 DEBORAH POMEROY SECRETARY 0.1 1.9 X X 0 0 0 JOSEPH WOODIN CEO 1.0 39.0 X X 0 558717 29723 KATHY DEMARS CHAIR END / CO VICE CHAIR BEG 02/25 0.1 1.9 X X 0 0 0 ALDEN LAUNER TRUSTEE 0.1 1.9 X 0 0 0 BETHANY SALVAS TRUSTEE 0.1 2.9 X 0 0 0 CAMERON PAGE TRUSTEE 0.1 1.9 X 0 0 0 CHRISTOPHER TOWNE TRUSTEE END 01/25 0.1 1.9 X 0 0 0 DAN NOYES TRUSTEE 0.1 1.9 X 0 0 0 DIANE COTE TRUSTEE 0.1 1.9 X 0 0 0 FRANCIS LANDREY TRUSTEE 0.1 1.9 X 0 0 0 JAMES HODGE TRUSTEE 0.1 1.9 X 0 0 0 MIKE FEULNER TRUSTEE 0.1 1.9 X 0 0 0 NAN CARLE BEAUREGARD TRUSTEE 0.1 2.9 X 0 0 0 PAMELA STANYON TRUSTEE END 04/25 0.1 1.9 X 0 0 0 SETH ABBENE TRUSTEE BEG 02/25 0.1 1.9 X 0 0 0 TRAVIS KNAPP TRUSTEE / ANESTHESIA DIRECTOR 0.1 39.9 X 0 499894 53680 CAROL FERRANTE INTERIM COO BEG 06/25 1.0 39.0 X 0 143317 40962 JEFFREY HEBERT CFO 1.0 39.0 X 0 295728 8710 SAMANTHA ALLAIRE CNO 1.0 39.0 X 0 134926 43950 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 1.0 39.0 X 0 274889 40300 0 1907471 217325 0 false true false 0 0 RENTAL REVENUE 531110 256566 256566 0 0 0 0 256566 572 572 0 0 4320000 689538 0 3630462 3630462 3630462 0 0 0 0 0 3887600 256566 0 3631034 86178 72413 13765 18482 15781 2701 6161 6161 20435 20435 18780 18780 3698 3204 494 0 8284 7176 1108 100834 87359 13475 17559 16088 1471 3114 2698 416 REPAIRS & MAINTENANCE 3186 2760 426 LICENSES, DUES, SUBSCRIPTION 401 347 54 0 0 0 0 287112 207826 79286 0 200 0 6022 5392 40482 0 0 0 0 0 5676 0 5947 0 0 0 453665 0 0 0 304873 0 816865 5392 40649 0 3741 0 0 0 100659 0 145049 0 X 671816 5392 671816 5392 816865 5392 X 3600488 -4266912 X true X false X false false X 0 627651 614939 615182 535570 256566 2649908 0 0 0 627651 614939 615182 535570 256566 2649908 0 0 0 0 0 0 388629 349602 368715 325921 157456 1590323 388629 349602 368715 325921 157456 1590323 1059585 636 299 1149 1206 572 3862 0 636 299 1149 1206 572 3862 0 0 0 0 0 0 0 628287 615238 616331 536776 257138 2653770 0.39928 0.40314 0 0 X false false false false false false false false false JOSEPH WOODIN CEO 0 521027 0 0 0 37690 0 11500 0 18223 0 588440 0 0 TRAVIS KNAPP TRUSTEE / ANESTHESIA DIRECTOR 0 458457 0 0 0 41437 0 10338 0 43342 0 553574 0 0 CAROL FERRANTE INTERIM COO BEG 06/25 0 122126 0 0 0 21191 0 5493 0 35469 0 184279 0 0 JEFFREY HEBERT CFO 0 261290 0 0 0 34438 0 7573 0 1137 0 304438 0 0 SAMANTHA ALLAIRE CNO 0 114343 0 0 0 20583 0 2585 0 41365 0 178876 0 0 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 0 236889 0 0 0 38000 0 7340 0 32960 0 315189 0 0 SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION COPLEY HOSPITAL, INC, A RELATED PARTY OF THE ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE false false false false true false true false CASH 2025-04-30 4266912 FMV 030301457 COPLEY HEALTH SYSTEMS INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 501(C)(3) LAND, PROPERTY, AND EQUIPMENT 2025-02-24 436106 BOOK VALUE 831025550 HV REAL ESTATE HOLDINGS INC 100 BANK STREET SUITE 400 BURLINGTON VT 05401 501(C)(3) true false false false SCHEDULE N, PART II, LINE 2A INTERESTED PERSON IS A DIRECTOR OR TRUSTEE OF TRANSFEREE ORG. THE ORGANIZATION'S BOARD OF DIRECTORS ALSO SERVED ON THE BOARD OF COPLEY HEALTH SYSTEMS, INC. FORM 990, PART III, LINE 3 SIGNIFICANT CHANGES IN PROGRAM SERVICES THE ORGANIZATION SOLD ITS PRPOPERTY AND BUILDING ON FEBRUARY 24, 2025 AND THE PROCEEDS WERE TRANSFFERET TO ITS RELATED ORGANIZATION, COPLEY HEALTH SYSTEMS, INC. FORM 990, PART V, LINE 2A COMMON PAYMASTER ARRANGEMENT & SALARIES COPLEY HOSPITAL INC, A RELATED PARTY OF THE ORGANIZATION, FILES ALL W-2'S ON BEHALF OF LAMOILLE AREA HOUSING CORPORATION. THE AMOUNT REFLECTS ON LINE 2A IS THE AMOUNT OF EMPLOYEES FOR LAMOILLE AREA HOUSING CORPORATION. FORM 990, PART VI, LINE 6 7A & 7B - MEMBERS/STOCKHOLDERS LAMOILLE AREA HOUSING CORPORATION IS COMPROMISED OF INDIVIDUALS WHO WERE MEMBERS OF COPLEY HOSPITAL, INC. ON DECEMBER 31, 1986, AND INDIVIDUALS WHO SUPPORT THE CORPORATION'S PURPOSE AND BELIEVE IN ITS MISSION. MEMBERS SHALL BE APPOINTED TO ONE, TWO AND THREE YEAR TERMS WHICH CORRESPOND TO THE LENGTH OF THEIR RESPECTIVE TERMS AS FORMER MEMBERS OF COPLEY HOSPITAL, INC. UPON EXPIRATION OF THESE TERMS, MEMBERS MAY BE RE-ELECTED AND NEW MEMBERS MAY BE ELECTED AT ANY ANNUAL MEETING OF THE MEMBERS. MEMBERS SHALL BE REQUIRED TO COMPLETE A WRITTEN MEMBERSHIP APPLICATION. MEMBERSHIP IN THE CORPORATION IS NOT TRANSFERABLE OR ASSIGNABLE. EACH YEAR, THE MEMBERS WILL HOLD AN ANNUAL MEETING. THE PURPOSES OF THE ANNUAL MEETING SHALL INCLUDE THE ELECTION OF MEMBERS TO THE CORPORATION, THE ELECTION OF TRUSTEES TO THE CORPORATION'S BOARD OF TRUSTEES, THE ELECTION OF THE COMMUNITY MEMBER AT LARGE OF THE GOVERNANCE AND BYLAWS COMMITTEE, AND THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEMBERSHIP. THE BOARD SHALL CONSIST OF UP TO TWENTY-ONE ELECTED MEMBERS, THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION AND THE PRESIDENT OF THE MEDICAL STAFF OF COPLEY HOSPITAL, INC. ALL AS VOTING MEMBERS. ALL TRUSTEES MUST BE MEMBERS OF THE CORPORATION. FORM 990, PART VI, LINE 15 COMPENSATION REVIEW THE ORGANIZATION'S CEO IS PAID BY COPLEY HOSPITAL, A RELATED ORGANIZATION. THE CEO'S PAY IS DETERMINED BY USING MARKET SURVEY COMPENSATION DATA FROM HE NNE HEALTHCARE COMP SURVEY. THE CEO'S COMPENSATION IS ALSO APPROVED BY THE BOARD. SENIOR LEADERSHIP AND OTHER HIGHLY COMPENSATED INDIVIDUALS HAVE THEIR PAY RANGES DETERMINED THROUGH MARKET DATA FROM THE NNE HEALTHCARE COMPENSATION SURVEY. FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. PRIOR TO FILING, A TENTATIVE DRAFT OF THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS. A COMPLETE COPY OF THE FORM IS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY THROUGH THE FINANCE OFFICE. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY THE GOVERNANCE COMMITTEE REVIEWS THE STATEMENTS AND SURVEYS COMPLETED BY INTERESTED PERSONS AND MAINTAINS A LIST OF INDIVIDUALS WHO MAY BE CONSIDERED DISQUALIFIED PERSONS UNDER IRS REGULATIONS. THE GOVERNANCE COMMITTEE REPORTS THE RESULTS OF ITS REVIEWS ANNUALLY TO THE BOARD. THE INTERNAL COMPLIANCE COMMITTEE OF THE CORPORATION REVIEWS ANY POTENTIAL CONFLICT OF INTEREST WHICH INVOLVES AN INTERESTED PERSON WHO IS NOT A TRUSTEE OR OFFICER OF THE CORPORATION. THE INTERNAL COMPLIANCE COMMITTEE REPORTS THE RESULTS OF ITS REVIEWS ANNUALLY TO THE BOARD. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND MATRIX ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT THAT IS AVAILABLE TO THE PUBLIC. THE HOSPITAL ALSO SUBMITS BOTH THEIR BUDGET AND ACTUAL FINANCIAL INFORMATION TO THE STATE OF VERMONT'S DEPARTMENT OF FINANCIAL REGULATION. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES TRANSFERS TO AFFILIATES - -4266912; TOTAL - -4266912; COPLEY HOSPITAL INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030179423 HOSPITAL VT 501(C)(3) 3 CHSI false COPLEY HEALTH SYSTEMS INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030301457 SUPPORT VT 501(C)(3) TYPE II NA false COPLEY WOODLANDS 125 THOMAS LANE STOWE VT 05672 030352086 HOUSING VT 501(C)(3) 10 CHSI false HEALTH CENTER BUILDING INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030220357 BUILDING RENTAL VT CHSI C CORPORATION false false false false false false false false false false false false false true true true true true true false