Vermont Housing Managers Association Inc is located in South Burlington, VT. The organization was established in 1992. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Vermont Housing Managers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Vermont Housing Managers Association Inc generated $10.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $12.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
APRIL AND JULY TRAINING & WORKSHOP SESSIONS WERE HELD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rachel Shatney Vice President | 4 | $0 | |
Iris Gilbert Secretary | 4 | $0 | |
Josie Curtin President | 4 | $0 | |
Colleen Lee Treasurer | 4 | $0 | |
Heidi Setien Chair | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $10,325 |
Investment income | $33 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $10,358 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $320 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,060 |
Total expenses | $12,380 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $56,832 |
Other assets | $0 |
Total assets | $56,832 |
Total liabilities | $120 |
Net assets or fund balances | $56,712 |
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