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Nonprofiteer
← COMMITTEE ON TEMPORARY SHELTER

Form 990 for tax year 2023

Filed by COMMITTEE ON TEMPORARY SHELTER.

Totals

Total revenue
$4,369,427
Total expenses
$4,603,847
Contributions and grants received
$3,532,873
Grants paid
$99,321
Program service revenue
$457,184
Investment income
$258,817
Other revenue
$120,553
Total assets, end of year
$14,975,313
Total liabilities, end of year
$381,918
Net assets or fund balances, end of year
$14,593,395
Program services expenses (Part IX)
$3,653,717
Management and general expenses
$448,244
Fundraising expenses
$501,886
Program service expenses (Part III)
$3,653,717

Program services were 79.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $31,235

  • 1c · Fundraising events

    $867,042

  • 1e · Government grants (contributions)

    $1,250,103

  • 1f · All other contributions, gifts and grants

    $1,384,493

  • 1g · Noncash contributions included above

    $4,129

  • 2a · Program service revenue: RENT & PROGRAM INCOME

    total $457,184 · related or exempt $457,184

  • 3 · Investment income

    total $228,910 · excluded $228,910

  • 7a · Gross sales of assets other than inventory

    securities $1,511,184

  • 7b · Less cost or other basis and sales expenses

    securities $1,481,277

  • 7c · Gain or loss

    securities $29,907

  • 7d · Net gain or loss

    total $29,907 · related or exempt $29,907

  • 8a · Fundraising events: contributions included on line 1c

    $867,042

  • 11a · Other revenue: PROJECT DEVELOPMENT FEES

    total $120,000 · related or exempt $120,000

  • 11b · Other revenue: OTHER INCOME

    total $553 · related or exempt $553

  • 11e · Other revenue, total

    $120,553

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $99,321 · program services $99,321

  • 5 · Compensation of officers, directors and key employees

    total $142,115 · program services $95,217 · management and general $21,317 · fundraising $25,581

  • 7 · Other salaries and wages

    total $2,263,197 · program services $1,901,366 · management and general $126,176 · fundraising $235,655

  • 8 · Pension plan contributions

    total $13,070 · program services $11,005 · management and general $691 · fundraising $1,374

  • 9 · Other employee benefits

    total $273,978 · program services $222,516 · management and general $19,100 · fundraising $32,362

  • 10 · Payroll taxes

    total $178,627 · program services $148,783 · management and general $11,781 · fundraising $18,063

  • 11b · Fees: legal

    total $14,960 · program services $14,960

  • 11c · Fees: accounting

    total $166,460 · management and general $166,460

  • 11f · Fees: investment management

    total $33,035 · management and general $33,035

  • 11g · Fees: other

    total $141,861 · program services $123,856 · management and general $6,559 · fundraising $11,446

  • 12 · Advertising and promotion

    total $123,297 · program services $23,563 · management and general $3,392 · fundraising $96,342

  • 13 · Office expenses

    total $37,689 · program services $9,009 · management and general $1,634 · fundraising $27,046

  • 14 · Information technology

    total $112,322 · program services $95,688 · management and general $7,248 · fundraising $9,386

  • 16 · Occupancy

    total $556,597 · program services $535,618 · management and general $7,944 · fundraising $13,035

  • 17 · Travel

    total $3,133 · program services $2,040 · management and general $12 · fundraising $1,081

  • 19 · Conferences, conventions and meetings

    total $22,007 · program services $18,121 · management and general $1,473 · fundraising $2,413

  • 20 · Interest

    total $41 · program services $41

  • 22 · Depreciation, depletion and amortization

    total $191,065 · program services $158,142 · management and general $11,992 · fundraising $20,931

  • 23 · Insurance

    total $54,432 · program services $45,056 · management and general $3,415 · fundraising $5,961

  • 24a · Other expenses: MISCELLANEOUS

    total $89,729 · program services $88,004 · management and general $515 · fundraising $1,210

  • 24b · Other expenses: CLIENT ACTIVITIES

    total $61,411 · program services $61,411

  • 24c · Other expenses: BAD DEBT

    total $25,500 · management and general $25,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $80,535 · end of year $304,373

  • 2 · Savings and temporary cash investments

    beginning of year $1,706,889 · end of year $382,959

  • 3 · Pledges and grants receivable

    beginning of year $589,158 · end of year $463,618

  • 7 · Other notes and loans receivable

    beginning of year $906,000 · end of year $906,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $20,717 · end of year $23,848

  • 10a · Land, buildings and equipment: cost or other basis

    $5,200,505

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,345,199

  • 10c · Land, buildings and equipment, net

    beginning of year $1,896,257 · end of year $1,855,306

  • 11 · Investments: publicly traded securities

    beginning of year $5,860,679 · end of year $6,720,598

  • 13 · Investments: program-related

    beginning of year $3,164,302 · end of year $4,318,611

  • 17 · Accounts payable and accrued expenses

    beginning of year $235,195 · end of year $333,573

  • 19 · Deferred revenue

    beginning of year $26,467 · end of year $24,264

  • 25 · Other liabilities

    beginning of year $18,240 · end of year $24,081

  • 27 · Net assets without donor restrictions

    beginning of year $11,240,668 · end of year $13,096,217

  • 28 · Net assets with donor restrictions

    beginning of year $2,703,967 · end of year $1,497,178

Mission and programs · 2023

Mission

COTS PROVIDES EMERGENCY SHELTER, SERVICES, AND HOUSING FOR PEOPLE WHO ARE HOMELESS OR MARGINALLY HOUSED IN VERMONT. COTS ADVOCATES FOR LONG-TERM SOLUTIONS TO END HOMELESSNESS.

  • IN THE 2024 FISCAL YEAR, 36 FAMILIES, INCLUDING 64 CHILDREN, STAYED IN COTS' EMERGENCY SHELTERS. EMERGENCY SHELTER FOR FAMILIES: THE FIREHOUSE FAMILY SHELTER (OPENED IN 1988, FULLY RENOVATED IN 2021) AND MAIN STREET FAMILY SHELTER (OPENED IN 2002) PROVIDE SAFE AND DECENT SHELTER FOR 15 FAMILIES WITH CHILDREN. FAMILIES CAN STAY FOR UP TO SIX MONTHS WHILE THEY WORK WITH COTS STAFF TO FIND AFFORDABLE HOUSING, EMPLOYMENT, CHILD CARE AND HEALTH CARE SERVICES. GUESTS BENEFIT FROM TRAUMA INFORMED SPACE DESIGN AND PROGRAM ELEMENTS DURING THEIR STAY. THE COTS CHILDREN'S EDUCATION ADVOCATE WORKS WITH CHILDREN AND PARENTS IN SHELTER TO ENSURE SUCCESS IN SCHOOL THROUGH SCHOOL, AFTER-SCHOOL, AND SUMMER CAMP PLACEMENT ASSISTANCE, AND THE CHILDREN'S MENTAL HEALTH ADOVCATE,PROMOTES CHILDREN'S HEALTHY SOCIAL, EMOTIONAL AND PHYSICAL DEVELOPMENT, AND STRENGTHEN FAMILY RELATIONSHIPS.

    Expenses $899,369

  • IN THE 2024 FISCAL YEAR, COTS HELPED 112 HOUSEHOLDS EXPERIENCING FINANCIAL CRISIS AVERT HOMELESSNESS AND STAY IN THEIR HOUSING OR MOVE INTO STABLE HOUSING. THE HOUSING RESOURCE CENTER OFFERS ASSISTANCE TO PREVENT AT-RISK HOUSEHOLDS FROM LOSING THEIR EXISTING HOUSING DUE TO UNFORESEEN CIRCUMSTANCES AND TO ASSIST THOSE WHO ARE WITHOUT PERMANENT SHELTER MOVE INTO STABLE HOUSING. LONGSTANDING RELATIONSHIPS WITH A NETWORK OF LOCAL LANDLORDS HELPS TO FACILITATE SUCCESSFUL CLIENT TRANSITIONS INTO PRIVATE AND PUBLIC HOUSING. THE HRC OFFERS GRANTS WITH RENT AND SECURITY DEPOSITS.

    Expenses $978,719 · Grants $95,370

  • IN THE 2024 FISCAL YEAR, 142 INDIVIDUALS STAYED IN COTS' OVERNIGHT SHELTERS, AND 1603 INDIVIDUALS VISITED THE DAYSTATION. EMERGENCY SHELTER FOR SINGLE ADULTS: THE WAYSTATION (OPENED IN 1982) IS A 36-BED OVERNIGHT SHELTER FOR MEN AND WOMEN, AGE 18 AND OLDER. THE DAYSTATION (OPENED IN 1988) IS A DAYTIME DROP-IN CENTER OFFERING REFUGE FROM THE STREETS, WHERE A NOONTIME MEAL IS SERVED. THESE FACILITIES ARE OPEN 365 DAYS A YEAR.

    Expenses $1,035,997

  • MOTEL OUTREACH: 242 HOMELESS HOUSEHOLDS WERE OFFERED SUPPORT SERVICES WHILE STATYING IN STATE-FUNDING EMERGENCY MOTEL ROOMS. SUPPORT SERVICES: ONE-ON-ONE SUPPORT SERVICES ARE OFFERED TO ALL OF COTS' CLIENTS. 60 HOMELESS FAMILIES, INCLUDING THOSE STAYING IN EMERGENCY SHELTER OR IN THE COMMUNITY, RECEIVED SUPPORT FROM COTS STAFF. 154 SINGLE, HOMELESS ADULTS RECEIVED OUTREACH AND SUPPORT FROM COTS STAFF. TRANSITIONAL AND PERMANENT HOUSING: THE SMITH HOUSE (OPENED IN 2002)PROVIDES INDIVIDUALS MOVING OUT OF SHELTER WITH TRANSITIONAL HOUSING. THE SMITH HOUSE HAS SEVEN SINGLE-ROOM OCCUPANCY UNITS, PLUS TWO PERMANENT APARTMENTS, AND A FULL-TIME RESIDENTIAL MANAGER. CANAL STREET VETERANS HOUSING (OPENED IN 2011) PROVIDES 29 UNITS OF PERMANENT, AFFORDABLE HOUSING WITH PRIORITY PLACEMENT FOR VETERANS AND THEIR FAMILIES. THE WILSON (PURCHASED IN 1984) AND ST. JOHN'S HALL (PURCHASED IN 1991) TOGETHER PROVIDE 44 SINGLE-ROOM OCCUPANCY (SRO) UNITS AND FOUR APARTMENTS: PERMANENT HOUSING FOR FORMERLY HOMELESS INDIVIDUALS, AS WELL AS LOW-INCOME SENIOR CITIZENS AND VETERANS.

    Expenses $739,632 · Grants $3,951 · Revenue $457,184

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jonathan Farrell

    EXECUTIVE DI

    Total calculated
    $123,104
    From this org
    $120,200
    From related orgs
    $0
    Other
    $2,904
    Hours/week
    40

  • Kurt Reichelt

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Lynne Jaunich

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Andrew Hanson

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Carol Boardman

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Jared Annello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kevin Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Catherine Z Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Tim Kane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Michael Lipson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Maitland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Julia Paradiso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sarah Sprayregen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Tom Stretton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sean Collins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Maree Gaetani

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Peg Gagne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CANAL STREET HOUSING LP

    UNRELATED · VET. HSG. · VT · 0.5% owned

  • 95 NORTH AVENUE LIMITED PARTNERSHIP

    UNRELATED · HOUSING · VT · 0.01% owned

  • MAIN STREET FAMILY HOUSING LP

    UNRELATED · HOUSING · VT · 0.01% owned

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • COTS VETERANS HOUSING INC

    C CORP · VET. HSG. · VT · 100% owned · share of income -$15 · share of assets $1,214,280

    Directly controlled by COTS

  • COTS HOUSING INC

    C CORP · HOUSING · VT · 100% owned · share of income -$9 · share of assets $2,372,655

    Directly controlled by COTS

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202522279349300012

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