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Nonprofiteer
← MOUNT ANTHONY HOUSING CORPORATION

Form 990 for tax year 2023

Filed by MOUNT ANTHONY HOUSING CORPORATION.

Totals

Total revenue
$824,774
Total expenses
$33,425
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$925
Investment income
$823,849
Other revenue
$0
Total assets, end of year
$7,711,523
Total liabilities, end of year
$16,876
Net assets or fund balances, end of year
$7,694,647
Program services expenses (Part IX)
$0
Management and general expenses
$33,425
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 2a · Program service revenue: PATIENT REVENUE

    total $925 · related or exempt $925

  • 3 · Investment income

    total $105,505 · excluded $105,505

  • 7a · Gross sales of assets other than inventory

    securities $718,344

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

    securities $0

  • 7c · Gain or loss

    securities $718,344

  • 7d · Net gain or loss

    total $718,344 · excluded $718,344

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $5,875 · management and general $5,875

  • 11f · Fees: investment management

    total $11,519 · management and general $11,519

  • 11g · Fees: other

    total $3,600 · management and general $3,600

  • 24a · Other expenses: BANK CHARGES

    total $8,425 · management and general $8,425

  • 24b · Other expenses: DEFINED BENEFITS EXPENS

    total $4,006 · management and general $4,006

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $127,785 · end of year $296,032

  • 11 · Investments: publicly traded securities

    beginning of year $828,235 · end of year $908,148

  • 13 · Investments: program-related

    beginning of year $3,952,462 · end of year $4,767,401

  • 15 · Other assets

    beginning of year $1,951,914 · end of year $1,739,942

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,193 · end of year $15,103

  • 25 · Other liabilities

    beginning of year $3,495 · end of year $1,773

  • 27 · Net assets without donor restrictions

    beginning of year $6,836,708 · end of year $7,694,647

Mission and programs · 2023

Mission

THE PURPOSE OF THE HOUSING CORPORATION SHALL BE TO PROVIDE AND PROMOTE LONG TERM, SHORT STAY CONVALESCENT, AND ASSISTED LIVING TO MEMBERS OF OUR COMMUNITY.

Activities or mission (Part I)

DEVELOPING, MANAGING, AND OPERATING NURSING HOMES AS WELL AS PROVIDING SENIOR LIVING AND REHABILITATION SERVICES.

  • PROGRAM AND REVENUE CONSISTS SOLELY OF MAHC'S 20% EQUITY IN CLR'S OPERATING INCOME, NET INVESTMENT EARNINGS, OFFSET BY SOME MINOR RESIDUAL PAYOR ADJUSTMENTS FROM PRIOR YEARS AND RESIDUAL DIRECT COSTS RELATED TO PROVIDING LONG TERM CARE AND REHABILITATIVE SERVICES.

    Revenue $925

As filed on the 2023 return.

Listed in Part VII

  • Thomas A Dee

    TURSTEE / CEO SVHC

    Total calculated
    $1,084,408
    From this org
    $0
    From related orgs
    $716,001
    Other
    $368,407
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $442,030 related
    Bonus
    $0 + $230,683 related
    Other
    $0 + $43,288 related
    Deferred
    $0 + $335,832 related
    Nontaxable benefits
    $0 + $32,575 related
    Filer's total
    $0 + $1,084,408 related
  • Michael E Brady

    TRUSTEE / SVMC DENTIST

    Total calculated
    $177,202
    From this org
    $0
    From related orgs
    $177,101
    Other
    $101
    Hours/week
    1 + 3 related

    Schedule J breakdown matched by us

    Base
    $0 + $176,162 related
    Bonus
    $0
    Other
    $0 + $939 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $101 related
    Filer's total
    $0 + $177,202 related
  • Kathleen Fisher

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Stephen Kelly

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Dimitri Garder

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Brian Barefoot

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Carol Conroy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Robert Van Degna

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Wayne Granquist

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Thomas H Green III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Kristyn Harrington

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Connie Jastremski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • George Keady

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Angie Marano

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Christine Miles

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Brian G O'Grady

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Themarge Small

    TRUSTEE

    Total calculated
    $439,606
    From this org
    $0
    From related orgs
    $386,413
    Other
    $53,193
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $364,045 related
    Bonus
    $0 + $5,239 related
    Other
    $0 + $17,129 related
    Deferred
    $0 + $23,100 related
    Nontaxable benefits
    $0 + $30,093 related
    Filer's total
    $0 + $439,606 related
  • Matthew Vernon

    TRUSTEE

    Total calculated
    $521,708
    From this org
    $0
    From related orgs
    $457,866
    Other
    $63,842
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $435,366 related
    Bonus
    $0
    Other
    $0 + $22,500 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $44,042 related
    Filer's total
    $0 + $521,708 related
  • Robert Laba

    CFO/TREASURER

    Total calculated
    $97,214
    From this org
    $0
    From related orgs
    $97,113
    Other
    $101
    Hours/week
    1 + 39 related
  • Keith Michl

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Matthew Stanishewski

    TRUSTEE

    Total calculated
    $365,358
    From this org
    $0
    From related orgs
    $302,942
    Other
    $62,416
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,814 related
    Bonus
    $0 + $1,448 related
    Other
    $0 + $22,680 related
    Deferred
    $0 + $18,985 related
    Nontaxable benefits
    $0 + $43,431 related
    Filer's total
    $0 + $365,358 related
  • Stephen Leblanc

    TRUSTEE

    Total calculated
    $984,376
    From this org
    $0
    From related orgs
    $918,361
    Other
    $66,015
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $686,348 related
    Bonus
    $0 + $122,500 related
    Other
    $0 + $109,513 related
    Deferred
    $0 + $31,590 related
    Nontaxable benefits
    $0 + $34,425 related
    Filer's total
    $0 + $984,376 related
  • Stephen D Majetich

    FORMER OFFICER

    Total calculated
    $563,960
    From this org
    $0
    From related orgs
    $545,090
    Other
    $18,870
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,436 related
    Bonus
    $0 + $63,000 related
    Other
    $0 + $262,654 related
    Deferred
    $0 + $5,231 related
    Nontaxable benefits
    $0 + $13,639 related
    Filer's total
    $0 + $563,960 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: CERTAIN INDIVIDUALS LISTED SCHEDULE J, PART II PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION ARRANGEMENT. UNDER THE TERMS OF THE PLAN THE INDIVIDUAL WILL BECOME VESTED IN THE PLAN IF THEY REMAIN EMPLOYED THROUGH A TARGETED DATE PURSUANT TO THE PLAN. NO AMOUNTS VESTED IN CALENDAR YEAR 2023 AND AMOUNTS CREDITED UNDER THE PLAN ARE INCLUDED IN FORM 990, PART VII, SECTION A. THOMAS DEE - $327,832.
PART I, LINE 3
SOUTHWESTERN MEDICAL CENTER, A RELATED ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE CEO: INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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 corporations and trusts

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

  • SOUTHWESTERN VT HEALTHCARE ENTERPRISES

    C · HEALTHCARE · VT

Provenance

Return type
form_990
Tax year
2023
Filed
12 August 2025
IRS schema version
2023v6.0
Source object
202512249349302501

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