Overview

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Est.

1980

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Housing Trust of Rutland County Inc is a nonprofit organization focused on housing development in Vermont. Its mission is to assist lower-income individuals and families by providing and preserving access to safe and affordable housing, primarily through securing grants and low-interest loans that reduce operating costs. With an operating budget of $3.2 million and total revenue of $2.7 million for the 2024 filing year, the organization does not rely on any single funder for 50% or more of its revenue. For more information, visit housingrutland.org.

Mission Statement

THE MISSION OF THE ORGANIZATION IS TO ASSIST LOWER INCOME PEOPLE BY PROVIDING AND PRESERVING AFFORDABLE ACCESS TO SAFE, DECENT, AND ATTRACTIVE HOUSING. ITS MISSION IS ACCOMPLISHED PRIMARILY BY SOLICITING GRANTS AND LOW INTEREST LOANS FROM RESOURCE PROVIDERS SERVING VERMONT. THESE GRANTS AND LOW INTEREST LOANS EITHER MINIMIZE OR ELIMINATE DEBT SERVICE ASSOCIATED WITH SUBJECT PROPERTIES THEREBY REDUCING OPERATING COSTS OF HOUSING FOR LOWER INCOME FAMILIES AND INDIVIDUALS.
Revenues
$2.7M
Expenses
$3.2M
Net Income:
-$554.3K
Assets
$14M
Liabilities
$4.9M
Net Assets:
+$9.1M
Operating Budget
$3.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$7.5K
Largest grant received
$30K
M
Mary Cohen
Board Member
R
Roger Louiselle
Board Member
S
Susan Oliviero
Board Member

Frequently Asked Questions

What is HOUSING TRUST OF RUTLAND COUNTY INC’s budget?
In 2024, HOUSING TRUST OF RUTLAND COUNTY INC reported an annual operating budget of around $3.2 million. More detailed financial information is available to registered users.
What causes does HOUSING TRUST OF RUTLAND COUNTY INC support?
HOUSING TRUST OF RUTLAND COUNTY INC supports work in Housing development.
Where does HOUSING TRUST OF RUTLAND COUNTY INC operate?
HOUSING TRUST OF RUTLAND COUNTY INC is headquartered in Rutland, VT.
Who funded HOUSING TRUST OF RUTLAND COUNTY INC recently?
In 2024, HOUSING TRUST OF RUTLAND COUNTY INC received grants from Rutland Hospital Inc, Rutland West Neighborhood Housing Services Inc, and Catic Foundation Inc C/O Lawrence Associates LLC R Lawrence. More information on this organization’s funders is available to registered users.
What is the largest grant HOUSING TRUST OF RUTLAND COUNTY INC received in 2024?
The largest grant to HOUSING TRUST OF RUTLAND COUNTY INC in 2024 exceeds $30 thousand.
What is HOUSING TRUST OF RUTLAND COUNTY INC’s reliance on government grants?
HOUSING TRUST OF RUTLAND COUNTY INC relied on government grants for more than 5% of their total revenue in 2024.