Overview
What is Windham & Windsor Housing Trust Inc?
Windham & Windsor Housing Trust Inc, based in Brattleboro, Vermont, is a dedicated nonprofit organization. Their primary mission is to enrich the communities of southeast Vermont by fostering the creation and preservation of affordable housing. They achieve this through developing and managing affordable housing units, as well as providing ongoing support and advocacy for their residents. In addition, they offer construction management services to ensure compliance with federal and state requirements for all borrowers involved in their rehab loan fund program. Their commitment to this cause is evident through their successful passing of all federal and state monitoring and licensing inspections in 2022. With a workforce of 39 dedicated individuals, Windham & Windsor Housing Trust Inc continues to strengthen its community by ensuring access to affordable housing for all.
Official website here: www.homemattershere.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating
Windham & Windsor Housing Trust Inc has received a commendable Four-Star rating due to its impressive score of 96%, reflecting strong accountability and financial performance. With a 100% independent board and a significant focus on transparency, the organization demonstrates a solid governance structure that inspires confidence among stakeholders.
The Trust showcases strong financial health, highlighted by a program expense ratio of 89.38%, indicating that a large portion of its resources is directed towards its mission-related activities. Additionally, the organization maintains robust policies regarding conflict of interest, whistleblower protections, and document management, which further enhance its credibility and operational integrity.
While the organization excels in financial management and governance, continuous evaluation and improvement are essential for sustaining its positive impact in the community. Overall, Windham & Windsor Housing Trust Inc presents itself as a reliable nonprofit dedicated to its mission, backed by strong financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Windham & Windsor Housing Trust Inc legitimate?
Windham & Windsor Housing Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Windham & Windsor 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $161,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,689,541
For more financial information, click here
Official website here: www.homemattershere.org
What is the mission statement of Windham & Windsor Housing Trust Inc?
Windham & Windsor Housing Trust Inc's mission is to enhance the communities in Southeast Vermont by fostering the creation and maintenance of permanently affordable housing. They accomplish this through their development and stewardship efforts, as well as by providing ongoing support and advocacy for their residents. The organization's activities extend beyond housing development, as they are committed to advocating for the needs of their residents, ensuring that their housing projects adhere to all federal and state requirements, and offering construction management services to borrowers.
Official website here: www.homemattershere.org
What is the revenue of Windham & Windsor Housing Trust Inc?
Windham & Windsor Housing Trust Inc's revenue in 2023 was $6,313,738.
Official website here: www.homemattershere.org
Who are the executives of Windham & Windsor Housing Trust Inc and what are their salaries?
The average compensation at Windham & Windsor Housing Trust Inc during 2023 was $44,074. There are 42 employees and 30 volunteers at Windham & Windsor Housing Trust Inc.
Here are 16 key members and their salaries:
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Official website here: www.homemattershere.org
Where can I find the form 990 for Windham & Windsor Housing Trust Inc?
Windham & Windsor Housing Trust Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.homemattershere.org
Learn more at the official website: www.homemattershere.org
Mission Statement of Windham & Windsor Housing Trust Inc
Windham & Windsor Housing Trust Inc, abbreviated as WWHT, plays a significant role in strengthening communities in southeast Vermont. Their mission is centered around the development and stewardship of permanently affordable housing. Beyond just providing housing, WWHT also offers ongoing support and advocacy for its residents. This holistic approach aims to enhance the quality of life for individuals living in these affordable housing units, fostering a sense of community and stability.
In essence, WWHT serves as a catalyst for community development, ensuring that affordable housing is not just a place to live, but a foundation for a better life. They achieve this by providing lending services through their Rehab Loan Fund Program, which not only finances housing projects but also offers construction management services. This ensures that all projects meet both federal and state requirements, ensuring the long-term sustainability and safety of the housing units. By focusing on affordable housing and the well-being of its residents, WWHT contributes to the overall health and vitality of the communities it serves.
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Impact
October, 2024
Windham & Windsor Housing Trust Inc plays a vital role in enhancing the communities of Southeast Vermont by focusing on the development and stewardship of permanently affordable housing. Its work directly addresses the critical need for accessible and sustainable living options, which strengthens community stability and fosters a sense of belonging among residents.
Through its lending and construction management services, the organization ensures that housing rehabilitation projects not only comply with federal and state standards but also meet the unique needs of the community. This thorough oversight helps to maintain the quality and safety of housing, while simultaneously empowering homeowners to make necessary improvements.
The ongoing support and advocacy for residents also underscore the organization's commitment to fostering a healthy community environment. By prioritizing the needs of low- and moderate-income families, Windham & Windsor Housing Trust ensures that essential resources and assistance are readily available, creating pathways toward financial stability and self-sufficiency.
Overall, Windham & Windsor Housing Trust Inc significantly impacts Southeast Vermont by creating affordable housing options, supporting residents in their housing journeys, and enhancing the overall quality of life in the region.
This information is meant to be a general summary of Windham & Windsor Housing Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,060
- Program Service Revenue: $2,145,121
- Gross Receipts: $6,869,656
Assets and Liabilities:
- Total Assets: $24,594,627
- Total Liabilities: $756,348
- Net Assets: $23,838,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEE INCOME
Revenue
$634,700
MANAGEMENT FEE INCOME
Revenue
$497,612
RENTAL & LEASE INCOME
Revenue
$390,680
MAINTENANCE PAYROLL INCOME
Revenue
$327,510
LOAN INTEREST INCOME
Revenue
$237,138
Organization Details
Founding Year
1987
Principal Officer
Elizabeth Bridgewater
Website
www.homemattershere.orgNTEE Category
Code: L200 - Housing
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