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THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$16.1M
Program Spending
100%
of total expenses go to program services
Total Contributions
$8.6M
Total Expenses
▼$6.6M
Total Assets
$36.3M
Total Liabilities
▼$14.2M
Net Assets
$22.2M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$34.1K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$409.7K
Awards Found
3
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Housing and Urban Development | MULTIFAMILY HOUSING SERVICE COORDINATORS | $218.8K | FY2018 | Nov 2017 – Dec 2026 | Open → |
| Department of Housing and Urban Development | SVC COORD GRANTS 674 | $141K | FY2004 | Oct 2003 – Dec 2017 | Open → |
| Department of Agriculture | MULTI-FAMILY HOUSING PRESERV AND REVITAL REVITALIZATION GRANT | $50K | FY2021 | Feb 2021 – Mar 2022 | Open → |
Department of Housing and Urban Development
$218.8K
MULTIFAMILY HOUSING SERVICE COORDINATORS
Department of Agriculture
$50K
MULTI-FAMILY HOUSING PRESERV AND REVITAL REVITALIZATION GRANT
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $10M | Yes | 2026-01-09 |
| 2024 | Clean | Unmodified (Clean) | $10.1M | Yes | 2025-01-24 |
| 2023 | Clean | Unmodified (Clean) | $10.9M | Yes | 2024-01-29 |
| 2022 | Clean | Unmodified (Clean) | $10.1M | Yes | 2023-05-30 |
| 2021 | Clean | Unmodified (Clean) | $10.1M | Yes | 2022-02-25 |
| 2020 | Clean | Unmodified (Clean) | $10.2M | Yes | 2021-01-18 |
| 2019 | Clean | Unmodified (Clean) | $10.3M | Yes | 2020-01-26 |
| 2018 | Clean | Unmodified (Clean) | $10M | Yes | 2019-01-25 |
| 2017 | Clean | Unmodified (Clean) | $8.3M | Yes | 2018-01-04 |
| 2016 | Clean | Unmodified (Clean) | $5.5M | Yes | 2017-01-17 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$10M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10M
Financial Report
Unmodified (Clean)
Federal Expenditure
$8.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.5M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $16.1M | $8.6M | $6.6M | $36.3M | $22.2M |
| 2022IRS e-File | -$1.8M | $1.3M | $5.1M | $27.8M | $12.7M |
| 2021 | $7.2M | $44.6K | $6.4M | $37M | $18.5M |
| 2020 | $6.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Kathleen Berk | Secretary | 2 | $0 | $0 | $0 | $0 |
| Alex Farrell | Vice Preside | 2 | $0 | $0 | $0 | $0 |
| Mary Houghton | Treasurer | 2 | $0 | $0 | $0 | $0 |
| Cory B Richardson | President | 2 | $0 | $0 | $0 | $0 |
Kathleen Berk
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Alex Farrell
Vice Preside
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Mary Houghton
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Cory B Richardson
President
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alison J Bell | Board Member | 2 | $0 | $0 | $0 | $0 |
| David Muzzy | Board Member | 2 | $0 | $0 | $0 | $0 |
| Jo Ann Troiano | Board Member | 2 | $0 | $0 | $0 | $0 |
Alison J Bell
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
David Muzzy
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jo Ann Troiano
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $76.8K |
| $6.3M |
| $37.1M |
| $17.7M |
| 2019 | $6.8M | $299.7K | $6.3M | $36.8M | $17.1M |
| 2018 | $6.9M | $185.3K | $5.9M | $37.5M | $16.6M |
| 2017 | $6.7M | $162K | $5.9M | $35.1M | $15.6M |
| 2016 | $6M | $110.2K | $6.1M | $33.4M | $14.9M |
| 2015 | $6.6M | $199.8K | $6.1M | $33.8M | $15M |
| 2014 | $6.9M | $599.2K | $6.1M | $33.5M | $14.5M |
| 2013 | $6.4M | $165.2K | $5.9M | $32.7M | $13.7M |
| 2012 | $6.7M | $1.3M | $5.8M | $31.2M | $12.6M |
| 2011 | $6.1M | $180.2K | $5.8M | $31.1M | $11.8M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |