Nonprofits›Downstreet Housing & Community Development Inc

Housing & Shelter

Downstreet Housing & Community Development Inc

BARRE, VT

WebsiteView as a funder

Total revenue

$10.4M

Total expenses

$8.5M

Net assets

$17.1M

Grants received

$3.8M

32 grants

EIN

222843473

Tax year

2024

Mission

Downstreet strengthens the communities of central vermont by engaging with people, providing affordable homes, and connecting people to the resources and services they need to thrive.

Programs

3 programs

Property operations - accounts for the rental activity and operations of the following projects: bromur(sold in 2023), brook street, good neighbors, green mountain seminary, evergreen place, foundation house, hillside, hubbard street, laurel street, limehurst mobile home park, mad river meadows, phoenix house, verdmont mobile home park, whistlestop mobile home park, and the yorra building.

Expenses: $1.4M

Homeownership - accounts for the activities of downstreet's homeownership center.

Expenses: $2.4MGrants: $1.9M

Project development - accounts for all operations of downstreet for rehabilitation and development of affordable housing.

Expenses: $1.9MGrants: $1.5M

Financials

FY 2024

Revenue

Contributions & grants$7.3M
Program service revenue$3.0M
Investment income$78K
Other revenue$105K
Total revenue$10.4M

Expenses

Grants paid$3.4M
Salaries & benefits$2.5M
Fundraising$71K
Other expenses$2.6M
Total expenses$8.5M
Total assets$22.8M
Net assets$17.1M

People

18 listed

NameRoleCompensation

ANGIE HARBIN

EXECUTIVE DI

Board

$134K

40 hrs/wk

KEVIN ELLIS

PRESIDENT

Board

—

2 hrs/wk

LORI BELDING

VICE PRESIDE

Board

—

2 hrs/wk

PEGEEN MULHERN

SECRETARY

Board

—

2 hrs/wk

SAMANTHA ABARE

TREASURER

Board

—

2 hrs/wk

DAPHNE MAKINSON

DIRECTOR

Board

—

2 hrs/wk

JIM ALVAREZ

DIRECTOR

Board

—

2 hrs/wk

POLLY NICHOL

DIRECTOR

Board

—

2 hrs/wk

RUBIN BENNETT

DIRECTOR

Board

—

2 hrs/wk

SARAH COPELAND HANZAS

DIRECTOR

Board

—

2 hrs/wk

PRISCILLA GILBERT

DIRECTOR

Board

—

2 hrs/wk

DEBBIE HILL

DIRECTOR

Board

—

2 hrs/wk

JOHANNA THIBAULT

DIRECTOR

Board

—

2 hrs/wk

HANNA GALE

DIRECTOR

Board

—

2 hrs/wk

TERRI JORDAN

DIRECTOR

Board

—

2 hrs/wk

EMMANUEL RIBY WILLIAMS

DIRECTOR

Board

—

2 hrs/wk

CHELSEA BOSTON LEFT JULY 2024

DIRECTOR

Board

—

2 hrs/wk

SCHUYLER ANDERSON

CFO

Staff

$117K

40 hrs/wk

Independent contractors

RANDALL CONTRACTING INC

CONSTRUCTION

$191K

JONAH RICHARD

CONSTRUCTION

$106K

Grants received

Showing 32 of 32

FromAmountPurposeYear
CENTRAL VERMONT REFUGEE ACTION NETWORK INC
$227K
RENOVATIONS REAL PROPERTY
2024
THE VERMONT COMMUNITY FOUNDATION
$44K
TO SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND OPERATIONS OF DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT.
2024
HAWK ROCK FOUNDATION
$20K
CHARITABLE / GENERAL PURPOSE
2024
CREDIT BUILDERS ALLIANCE INC
$10K
CREDIT BUILDING
2024
NEIGHBORHOOD REINVESTMENT CORPORATION
$619K
GENERAL SUPPORT
2023
CATHEDRAL SQUARE CORPORATION
$70K
SASH GRANT
2023
THE VERMONT COMMUNITY FOUNDATION
$47K
GENERAL PURPOSE
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$12K
For grant recipient's exempt purposes
2023
DONOR ADVISED CHARITABLE GIVING INC
$10K
HUMAN SERVICES
2023
CENTRAL VERMONT REFUGEE ACTION NETWORK INC
$10K
DEPOSIT REAL PROPERTY
2023
NATIONAL LIFE GROUP CHARITABLE
$500
COMMUNITY SUPPORT
2023
NATIONAL LIFE GROUP CHARITABLE
$500
COMMUNITY DEVELOPMENT
2023
NEIGHBORHOOD REINVESTMENT CORPORATION
$481K
GENERAL SUPPORT
2022
CATHEDRAL SQUARE CORPORATION
$65K
SASH GRANT
2022
THE VERMONT COMMUNITY FOUNDATION
$57K
GENERAL PURPOSE
2022
DONOR ADVISED CHARITABLE GIVING INC
$12K
HUMAN SERVICES
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$7K
For grant recipient's exempt purposes
2022
NEIGHBORHOOD REINVESTMENT CORPORATION
$375K
GENERAL SUPPORT
2021
TD CHARITABLE FOUNDATION
$175K
PARTNERSHIP TO EXPAND RESIDENT SERVICES IN CENTRAL VT AND THE UPPER VALLEY REG
2021
CATHEDRAL SQUARE CORPORATION
$26K
SASH GRANT
2021
CENTRAL VERMONT MEDICAL CENTER INC
$18K
Community Benefit Award
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$6K
For grant recipient's exempt purposes
2021
NEIGHBORHOOD REINVESTMENT CORPORATION
$433K
GENERAL SUPPORT
2020
CATHEDRAL SQUARE CORPORATION
$26K
SASH GRANT
2020
COMMUNITY BANK NA FOUNDATION OF NEW
$750
OPERATIONS
2020
NEIGHBORHOOD REINVESTMENT CORPORATION
$170K
—
2019
NEIGHBORHOOD REINVESTMENT CORPORATION
$130K
—
2019
CATHEDRAL SQUARE CORPORATION
$20K
SASH GRANT
2019
NEIGHBORHOOD REINVESTMENT CORPORATION
$225K
TEMPORARILY RESTRICTED
2018
NEIGHBORHOOD REINVESTMENT CORPORATION
$159K
UNRESTRICTED
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$8K
For grant recipient's exempt purposes
2018
NEIGHBORHOOD REINVESTMENT CORPORATION
$304K
EQUITY CAPITAL
2017

Funded by

$3.8M from 12 funders · 32 grants · 2017–2024

Neighborhood Reinvestment Corporation

$2.9M · 9 grants · 2017–2023

Central Vermont Refugee Action Network Inc

$237K · 2 grants · 2023–2024

Cathedral Square Corporation

$208K · 5 grants · 2019–2023

Td Charitable Foundation

$175K · 1 grant · 2021

The Vermont Community Foundation

$148K · 3 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$32K · 4 grants · 2018–2023

Donor Advised Charitable Giving Inc

$22K · 2 grants · 2022–2023

Hawk Rock Foundation

$20K · 1 grant · 2024

Details

EIN222843473
NTEE codeL210
Subsection03
Ruling date1988-09
Formed1987
Employees50
Volunteers16
DOWNSTREET HOUSING & COMMUNITY DEVELOPMENT INC — Mission, Financials & Grants Received | Grantivo