nonprofit logo

Gilman Housing Trust Inc

Rural Edge

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030301520 ✦ St johnsbury, VT ✦ Designated as a 501(c)(3)

Overview

What is Gilman Housing Trust Inc?

Gilman Housing Trust Inc, also known as Rural Edge, is a nonprofit organization situated in St. Johnsbury, Vermont. With a mission to serve low-income families in the region, they actively develop, own, and manage affordable residential housing units and related facilities. Their primary goal is to provide a stable living environment for qualified families, ensuring their housing needs are met. With a dedicated team of 68 employees, Gilman Housing Trust Inc plays a crucial role in enhancing the living standards of the community.


Official website here: www.ruraledge.org

Is Gilman Housing Trust Inc legitimate?

Gilman Housing Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gilman Housing Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $258,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,068,321

For more financial information, click here


Official website here: www.ruraledge.org

What is the mission statement of Gilman Housing Trust Inc?

Gilman Housing Trust Inc's mission is centered around developing, owning, and managing affordable residential housing units and accompanying facilities for eligible low-income families. This organization is dedicated to providing a living solution for those who fall under this income bracket, thereby contributing to a more equitable housing landscape. By undertaking this role, Gilman Housing Trust Inc aims to enhance the living conditions of these families, thereby promoting a sense of stability and well-being.


Official website here: www.ruraledge.org

Who is the CEO of Gilman Housing Trust Inc?

Patrick Shattuck is the President of Gilman Housing Trust Inc.


Official website here: www.ruraledge.org

What is the revenue of Gilman Housing Trust Inc?

Gilman Housing Trust Inc's revenue in 2022 was $8,401,434.


Official website here: www.ruraledge.org

Who are the executives of Gilman Housing Trust Inc and what are their salaries?

The average compensation at Gilman Housing Trust Inc during 2022 was $34,214. There are 68 employees and 13 volunteers at Gilman Housing Trust Inc.

Here are 15 key members and their salaries:

    Patrick Shattuck (Executive Director)
  • Compensation: $119,403
  • Related: $0
  • Other: $19,290

    • Diana Cazaudumec (Director Of Finance)
  • Compensation: $101,994
  • Related: $0
  • Other: $17,577

    • Tim O'Neill (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikole Brainard (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Sears (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Cleveland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorraine Janowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimico Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reverend Dr Jeffrey Potter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelsey Stavseth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Lynn Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louise Bonvechio (Past Vice President/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Maclure (Past Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Sears (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ruraledge.org

    Where can I find the form 990 for Gilman Housing Trust Inc?

    The Gilman Housing Trust Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ruraledge.org

    Learn more at the official website: www.ruraledge.org

    Mission Statement of Gilman Housing Trust Inc

    Gilman Housing Trust Inc, as a nonprofit organization, is committed to a mission of developing, owning, and managing affordable residential housing units and related facilities. This mission is specifically tailored towards supporting qualified low-income families. By undertaking this mission, Gilman Housing Trust Inc aims to provide a vital service in northern Vermont, addressing the housing needs of those families who may otherwise struggle to secure suitable and affordable living quarters. The organization's work in this area is crucial in ensuring that low-income families have access to decent housing, thereby contributing to their overall well-being and quality of life.

    Impact

    This information is meant to be a general summary of Gilman Housing Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Gilman Housing Trust Inc's impact is significant in providing affordable housing to low-income families in northern Vermont. Through their work to develop, own, and manage affordable residential housing units, they have positively impacted the lives of qualified low-income families in St. Johnsbury and beyond. Their mission to provide housing opportunities to those in need helps to address the ongoing issue of housing insecurity and promotes economic stability within the community they serve. Overall, Gilman Housing Trust Inc plays a vital role in ensuring that low-income families have access to safe and affordable housing options.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $49,814
  • Program Service Revenue: $4,510,091
  • Gross Receipts: $8,487,729

    • Assets and Liabilities:
  • Total Assets: $23,402,374
  • Total Liabilities: $11,909,228
  • Net Assets: $11,493,146
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Rental Income

    Revenue

    $2,163,791

    Property Management

    Revenue

    $1,122,799

    Support Services

    Revenue

    $600,210

    Development Fees

    Revenue

    $318,838

    Other Operating Revenu

    Revenue

    $304,453

    Organization Details

    Founding Year

    1992

    Principal Officer

    Patrick Shattuck

    Main Address

    1222 Main Street, St Johnsbury, VT, 05819

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Gilman Housing Trust Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.