EIN 22-2843473

Downstreet Housing and Community Development

IRS 501(c) type
501(c)(3)
Num. employees
43
City
Barre
State
Year formed
1987
Most recent tax filings
2022-12-01
Description
Downstreet Housing and Community Development engages with people, provides affordable homes, and connects people to the resources and services they need to thrive in Central Vermont. Property operations account for the rental activity and operations of various projects, including Bromur, Verdmont, Limehurst Mobile Home Park, Hillside, Bridge Street, Guidici, Laurel Street, Good Neighbors, Phoenix House, and Whistlestop Mobile Home Park. Project development is responsible for all of Downstreet's operations related to the rehabilitation and development of affordable housing.
Also known as...
Central Vermont Community Land Trust
Total revenues
$6,169,989
2022
Total expenses
$4,631,088
2022
Total assets
$17,964,468
2022
Num. employees
43
2022

Program areas at Downstreet Housing and Community Development

Property management - accounts for the services provided to other properties in which Downstreet is an investor.
Homeownership - accounts for the activities of Downstreet's homeownership center.
Property operations - accounts for the rental activity and operations of the following projects: bromur, verdmont, limehurst mobile home park, hillside, bridge street, guidici, laurel street, good neighbors, phoenix house, and whistlestop mobile home park.
Project Development - accounts for all operations of Downstreet for rehabilitation and Development of affordable Housing.

Grants made by Downstreet Housing and Community Development

GranteeGrant descriptionAmount
Twin Pines Housing TrustResident Services$95,749

Who funds Downstreet Housing and Community Development

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$375,000
TD Charitable FoundationPartnership To Expand Resident Services in Central VT and the Upper Valley Reg$175,000
Vermont Community FoundationGeneral Purpose$57,162
...and 4 more grants received

Personnel at Downstreet Housing and Community Development

NameTitleCompensation
Schuyler AndersonChief Financial Officer$0
Angie Harbin Started InExecutive Director$75,487
Connie SnowPast Executive Director$46,073
Pegeen MulhernSecretary$0
Lori BeldingVice Chair / Vice President / Secretary$0
...and 9 more key personnel

Financials for Downstreet Housing and Community Development

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,658,720
Program services$2,255,193
Investment income and dividends$9,206
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-1,133
Net gain from sale of non-inventory assets$31,023
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$216,980
Total revenues$6,169,989

Form 990s for Downstreet Housing and Community Development

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-31990View PDF
2021-122022-10-07990View PDF
2020-122021-10-26990View PDF
2019-122020-10-15990View PDF
2018-122019-12-13990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Updated personnel
Identified 3 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $57,162 from Vermont Community Foundation
October 24, 2023
Received grants
Identified 5 new grant, including a grant for $375,000 from NeighborWorks America
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
22 Keith Ave Suite 100
Barre, VT 05641
County
Washington County, VT
Website URL
downstreet.org/ 
Phone
(802) 476-4493
IRS details
EIN
22-2843473
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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