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Vermont Housing Finance Agency

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

EIN: 030239902 ✦ Burlington, VT ✦ Designated as a 501(c)(3)

Overview

What is Vermont Housing Finance Agency?

The Vermont Housing Finance Agency is a dedicated nonprofit organization with the mission to finance and promote the availability of affordable, safe, and decent housing options for low- and moderate-income residents of Vermont. Their primary goal is to make a difference in the community by ensuring Vermonters have access to secure and comfortable living environments. With a strong commitment to this cause, they actively work to finance and promote affordable housing solutions.


Official website here: www.vhfa.org

Is Vermont Housing Finance Agency legitimate?

Vermont Housing Finance Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Housing Finance Agency 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: $369,189
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,794,400

For more financial information, click here


Official website here: www.vhfa.org

What is the mission statement of Vermont Housing Finance Agency?

The Vermont Housing Finance Agency endeavors to finance and facilitate the creation of affordable, safe, and decent housing for low- and moderate-income individuals in Vermont. By financing these opportunities, the Agency aims to enhance the living conditions for a significant portion of the population. The organization is dedicated to ensuring that everyone has access to a secure and comfortable home. Through its financial support, it encourages the development of housing projects that cater to the needs of those with limited financial means. The Agency's efforts contribute to a more equitable housing market in Vermont.


Official website here: www.vhfa.org

Who is the CEO of Vermont Housing Finance Agency?

Chris Flannery is the Commissioner of Vermont Housing Finance Agency.


Official website here: www.vhfa.org

What is the revenue of Vermont Housing Finance Agency?

Vermont Housing Finance Agency's revenue in 2022 was $39,283,323.


Official website here: www.vhfa.org

Who are the executives of Vermont Housing Finance Agency and what are their salaries?

The average compensation at Vermont Housing Finance Agency during 2022 was $88,587. There are 47 employees at Vermont Housing Finance Agency.

Here are 16 key members and their salaries:

    Maura Collins (Officer)
  • Compensation: $153,901
  • Related: $0
  • Other: $48,205

    • Chris Flannery (Officer)
  • Compensation: $144,194
  • Related: $0
  • Other: $21,567

    • George Demas (General Counsel)
  • Compensation: $134,666
  • Related: $0
  • Other: $17,901

    • Jacklyn Santere (Managing Director Of Homeo)
  • Compensation: $107,537
  • Related: $0
  • Other: $33,154

    • Seth Leonard (General Counsel)
  • Compensation: $112,079
  • Related: $0
  • Other: $15,020

    • Lamont Barnett (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Baser (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsay Kurrie (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Leavitt (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Morrissey (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Pearce (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Pieciak (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gustave Seelig (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Stuart-Buckley (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Gaffney (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Milord-Ajanma (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vhfa.org

    Where can I find the form 990 for Vermont Housing Finance Agency?

    The Vermont Housing Finance Agency’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.vhfa.org

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

    Mission Statement of Vermont Housing Finance Agency

    Vermont Housing Finance Agency, or VHFA, is a mission-driven organization dedicated to financing and promoting affordable, safe, and decent housing opportunities for low- and moderate-income residents of Vermont. By prioritizing access to affordable housing, VHFA aims to create communities where individuals and families can thrive.

    With a deep commitment to Vermonters, VHFA's goal is to provide financing for housing that meets essential standards. The agency's efforts extend beyond just financing, as they also actively promote decent and safe housing options. By doing so, VHFA contributes to the overall well-being and stability of low- and moderate-income communities across the state.

    In essence, Vermont Housing Finance Agency serves as a crucial partner in the quest for affordable housing access. They finance the development of new affordable housing units and the preservation of existing ones, ensuring that a diverse range of Vermonters can secure a safe and affordable place to call home. Through their initiatives, VHFA plays an essential role in enhancing the living conditions of countless Vermonters and strengthening the fabric of their communities.

    Impact

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




    Saturday, April 13, 2024

    The Vermont Housing Finance Agency plays a crucial role in providing affordable, safe, and decent housing opportunities for low- and moderate-income Vermonters. Through its financing initiatives and promotion efforts, the agency directly impacts the lives of individuals and families by offering access to housing options that they may not have been able to afford otherwise. By addressing the housing needs of this demographic, the agency contributes to enhancing overall quality of life, stability, and economic well-being within Vermont communities.





    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: $1,831,293
  • Program Service Revenue: $37,452,030
  • Gross Receipts: $89,613,047

    • Assets and Liabilities:
  • Total Assets: $493,373,180
  • Total Liabilities: $389,311,235
  • Net Assets: $104,061,945
  • Programs

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

    INTEREST INCOME - MORTGAGES

    Revenue

    $16,038,247

    FEDERAL PROGRAMS

    Revenue

    $15,802,587

    OTHER OPERATING INCOME

    Revenue

    $3,273,693

    FEE INCOME - MULTI-FAMILY

    Revenue

    $2,335,560

    FEE INCOME - SINGLE FAMILY

    Revenue

    $1,943

    Organization Details

    Founding Year

    1974

    Principal Officer

    Chris Flannery

    Main Address

    164 ST PAUL STREET, BURLINGTON, VT, 05401

    NTEE Category

    Code: L122 - Housing