Cause IQ organization profile

Vermont Housing Finance Agency (VHFA)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

VHFA is a organizations supporting multiple housing providers or shelter based in Burlington, VT that was founded in 1974. As of 2018 they had $27 million in revenue and $536 million in assets.

Vermont Housing Finance Agency's mission is to finance and promote affordable, safe and decent housing opportunities for low- and moderate-income Vermonters.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at VHFA

Monies from the single family, multi-family, multi-purpose, and general operating program funds have been used by the Agency to purchase mortgage backed securities and Finance mortgage loans on single and multi-family residential Housing units for persons and families of low and moderate income within the state of Vermont.

The Agency participates in the following federal funding programs under the american recovery and reinvestment act of 2009 (arra) and federal Housing and economic recovery act of 2008 (hera): federal tax credit assistance program (tcap), neighborhood stabilization program (nsp), homeownership acquisition and rehabilitation program (harp), homeownership acquisition and rehabilitation program (harp iii), and neighborhood stabilization program (nsp-3).

Form 990s for VHFA

Fiscal year endingDate received by IRSFormPDF link
2018-06Apr 15, 2019990View PDF
2017-06Mar 14, 2018990View PDF
2016-06Jul 18, 2017990View PDF
2015-06Jul 22, 2016990View PDF
2014-06Jul 14, 2015990View PDF
...and two more Form 990 PDFs

Financials for VHFA

Total grants, contributions, etc.$0
Program services$24,702,735
Investment income and dividends$1,156,311
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,168,525
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$27,027,571

Vendors for VHFA

VendorServicesAmount paidDate
DrupalContent management system software2020-09-08
██████Fundraising software2020-09-08
███████ ███ ████Fundraising software; Payment processing2020-09-08
█████████Marketing software2020-09-08
███████████ ███Tax accounting2019-04-03
███████████ ████████Loan Servicing$130,9252015-06-01
█████ ███████ ███████Financial Advising$201,5192015-06-01

Personnel at VHFA

NameTitleCompensationMost recent data
Chris FlanneryChief Financial Officer-June 21, 2020
Dave AdamsChief of Program Operation$135,350June 30, 2018
█████ ███████Executive Director / Director of Policy and Administration-June 21, 2020
████ █████Director of Information Technology-June 21, 2020
███████ ███████Director of Human Resources and Administration-June 21, 2020
███████ ██ ████████Director of Asset Management and Compliance / Director of Homeownership-June 21, 2020
████ ███████Managing Director of Community Development-June 21, 2020
██████ █████General Counsel-June 21, 2020
█████████ █████Office and Facilities Manager-June 21, 2020
████ █████Assistant Director of Finance / Finance Operations Manager-June 21, 2020
...and eight more key personnel

Peer organizations supporting multiple housing providers and shelters

1Philadelphia Housing Development Corporation (PHDC)501(c)(3)$36 millionPhiladelphia, PA
2Bethlehem Towers501(c)(3)$14 millionOakland, CA
3Neighborhood Lending Services (NHS)501(c)(3)$6.8 millionChicago, IL
4Beyond Housing501(c)(3)$13 millionPine Lawn, MO
5Neighborhood Housing Services of New York City501(c)(3)$11 millionNew York City, NY
6Habitat for Humanity - Omaha HFH501(c)(3)$15 millionOmaha, NE
7Community Housing Corporation of America (CHC)501(c)(3)$18 millionSt Paul, MN
8Southwest Minnesota Housing Partnership (SWMHP)501(c)(3)$7.1 millionSlayton, MN
9Aeon501(c)(3)$18 millionMinneapolis, MN
10Habitat for Humanity - Jacksonville HFH of501(c)(3)$7.6 millionJacksonville, FL
11Housing Visions Unlimited / Group Return501(c)(3)$15 millionSyracuse, NY
12Urban Land Conservancy501(c)(3)$26 millionDenver, CO
13Western Reserve Revitalization and Management Company501(c)(3)$12 millionCleveland, OH
14Bay Area Housing Corporation (BAHC)501(c)(3)$8.0 millionLos Gatos, CA
15Lower Columbia Community Action Council501(c)(3)$8.8 millionLongview, WA
16Greater Metropolitan Housing Corporation (GMHC)501(c)(3)$7.4 millionMinneapolis, MN
17Citadel Community Development Corporation501(c)(3)$11 millionSan Bernardino, CA
18Instituto Socio-Economico Comunitario501(c)(3)$10 millionSan Juan, PR
19Preserving City Neighborhoods Housing Development Fund Corporation501(c)(3)$13 millionNew York, NY
20Foundation Communities-Group Affiliates501(c)(3)$21 millionAustin, TX
21Eden Housing501(c)(3)$59 millionHayward, CA
22The St Bernard Project (SBP)501(c)(3)$22 millionNew Orleans, LA
23Home HeadQuarters501(c)(3)$14 millionSyracuse, NY
24Northeast Denver-Housing Center501(c)(3)$8.1 millionDenver, CO
25Project Homes501(c)(3)$12 millionRichmond, VA