Shires Housing Inc

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

EIN: 222976053 ✦ Bennington, VT ✦ Designated as a 501(c)(3)

Overview

What is Shires Housing Inc?

Shires Housing Inc, based in Bennington, Vermont, is a dedicated nonprofit organization focusing on the acquisition, rehabilitation, and construction of affordable housing units for low and moderate-income individuals. Their mission is to ensure that residents of Bennington County have access to safe, decent, and perpetually affordable living spaces. Shires Housing plays a significant role in improving neighborhoods, providing workforce housing, and stimulating economic growth in the region. The organization currently employs 26 individuals.


Official website here: www.shirehousing.org

Is Shires Housing Inc legitimate?

Shires Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shires Housing 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: $158,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $957,272

For more financial information, click here


Official website here: www.shirehousing.org

What is the mission statement of Shires Housing Inc?

Shires Housing Inc's mission is centered around providing safe and affordable housing options for individuals with moderate to low income. This organization plays a significant role in transforming communities by improving neighborhoods and driving economic growth. By focusing on the acquisition, rehabilitation, or construction of apartments and homes, Shires Housing Inc contributes to the provision of workforce housing, thereby contributing positively to its region.


Official website here: www.shirehousing.org

Who is the CEO of Shires Housing Inc?

Catherine Bryars is the Past Executive Director of Shires Housing Inc.


Official website here: www.shirehousing.org

What is the revenue of Shires Housing Inc?

Shires Housing Inc's revenue in 2022 was $1,971,568.


Official website here: www.shirehousing.org

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

The average compensation at Shires Housing Inc during 2022 was $42,925. There are 26 employees and 8 volunteers at Shires Housing Inc.

Here are 9 key members and their salaries:

    Stephanie Lane (Past Executive Director)
  • Compensation: $121,368
  • Related: $0
  • Other: $37,418

    • Kathy Leech (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Mcneil (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Williams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Silver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julius Rosenwald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Deveneau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.shirehousing.org

    Where can I find the form 990 for Shires Housing Inc?

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


    Official website here: www.shirehousing.org

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

    Mission Statement of Shires Housing Inc

    Shires Housing Inc, a nonprofit organization, is committed to providing safe, decent, and perpetually affordable housing options for low and moderate income residents in Bennington County. Their mission is geared towards transforming communities by improving neighborhoods, offering workforce housing, and contributing to economic development in the region. Essentially, Shires Housing Inc aims to make housing affordable for a significant portion of the population, thereby fostering a sense of community and promoting economic growth.

    Impact

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




    Thursday, August 15, 2024

    Shires Housing Inc's impact can be seen in the transformation of communities within Bennington County. By providing safe, decent, and perpetually affordable housing options for low and moderate income residents, Shires Housing is not only improving neighborhoods but also contributing to workforce housing and driving economic development in the region. Their focus on the acquisition and rehabilitation or construction of affordable apartments and homes directly addresses the critical need for affordable housing for Vermonters in need.





    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: $71,710
  • Program Service Revenue: $1,487,699
  • Gross Receipts: $1,971,568

    • Assets and Liabilities:
  • Total Assets: $9,318,140
  • Total Liabilities: $3,793,901
  • Net Assets: $5,524,239
  • Programs

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

    Tenant Rent

    Revenue

    $847,025

    Management Fees

    Revenue

    $626,935

    Miscellaneous

    Revenue

    $13,739

    Organization Details

    Founding Year

    1991

    Principal Officer

    Catherine Bryars

    Main Address

    PO Box 1247, Bennington, VT, 05201

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Shires Housing 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.