- Revenue 2024
- $5,698,895
- Expenses 2024
- $5,331,695
Program services were 94.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L200
- Classification
- 1000
- Street
- 27 WALES ST SUITE 201
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
To strengthen the development of a regional economy by promoting safe, efficient and stable housing and community projects through education, technical assistance, and financial services.
-
Home Repair Program: The Home Repair Program consists of Neighborworks of Western Vermont project coordinators that oversee a repair project for low-to-moderate income homeowners in Addison, Rutland, and Bennington counties that are receiving a loan and/or grant from Neighborworks of Western Vermont (NWWVT). Typical home repair projects include new wells, septic systems, heating systems, roof replacement, structural work, plumbing, electrical, and weatherization. As the loan and/or grant process proceeds, project coordinators are completing a health and safety evaluation of the home, working with the homeowner to create a scope of work, helping with contractors, and obtaining estimates for the project. Once the loan and/or grant is approved, the project coordination continues with project oversight and escrow payments to contractors, helping at every step until the project is complete, homeowner is satisfied, and the home is repaired and safe.
Expenses $4,221,677 · Grants $3,112,710
-
Homeownership Program: The Homeownership Program consists of both education and counseling for sustainable homeownership. One-on-one counseling for pre-purchase counseling, financial coaching and limited foreclosure counseling is offered in-person, virtually, or by phone. Pre-purchase education is offered in-person, online and virtually. Foreclosure education and financial capability classes are offered online only. There are approximately 150 participants each year attending homeownership and financial literacy education classes and approximately 250 that take advantage of some counseling services offered.
Expenses $814,988 · Revenue $670,794
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Bill Gross
Co-President
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Jennifer Yakunovich
Co-President
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Cathy Reynolds
Co-Vice President
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Keri Franzoni
Co-Vice President
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Dylan Watts
Co-Treasurer
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Melinda Humphrey
Co-Treasurer
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Gabrielle Gladding
Co-Secretary
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Donnaleen Farwell
Co-Secretary
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Jessica Anderson
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Karen Bartlett
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Cheryl Hooker
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Norm Lash
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Roger Louiselle
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Susan Oliviero
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Jake Pluta
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Stephan Torres
Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Peg Flory
Past Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Karin Stamy
Past Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Mary Cohen
Executive Director
- Total calculated
- $154,283
- From this org
- $0
- From related orgs
- $130,400
- Other
- $23,883
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $130,400 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $2,333 related
- Nontaxable benefits
- $0 + $21,550 related
- Filer's total
- $0 + $154,283 related
-
Melanie Paskevich
Chief Prog. Off./Past Interim ED
- Total calculated
- $136,390
- From this org
- $114,615
- From related orgs
- $0
- Other
- $21,775
- Hours/week
- 40
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $5,698,895
- Expenses
- $5,331,695
- Contributions
- $4,853,571
- Grants paid
- $3,112,710
-
2023
- Revenue
- $3,531,376
- Expenses
- $3,896,201
- Contributions
- $2,969,146
- Grants paid
- $1,616,977
-
2022
- Revenue
- $2,828,521
- Expenses
- $2,835,563
- Contributions
- $2,034,718
- Grants paid
- $591,882
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $4,032,125
- Expenses
- $3,271,207
- Assets (EOY)
- $16,862,334
-
2020 · 990
- Revenue
- $4,109,396
- Expenses
- $3,580,912
- Assets (EOY)
- $17,680,643
-
2019 · 990
- Revenue
- $2,339,083
- Expenses
- $2,513,723
- Assets (EOY)
- $17,851,254
-
2018 · 990
- Revenue
- $3,599,160
- Expenses
- $3,906,012
- Assets (EOY)
- $17,235,939
-
2017 · 990
- Revenue
- $3,167,507
- Expenses
- $2,721,726
- Assets (EOY)
- $17,220,490
-
2016 · 990
- Revenue
- $3,490,649
- Expenses
- $3,059,585
- Assets (EOY)
- $15,328,503
-
2015 · 990
- Revenue
- $3,001,717
- Expenses
- $2,340,442
- Assets (EOY)
- $12,523,536
-
2014 · 990
- Revenue
- $2,183,574
- Expenses
- $2,300,546
- Assets (EOY)
- $11,435,784
-
2013 · 990
- Revenue
- $2,484,745
- Expenses
- $2,217,601
- Assets (EOY)
- $11,736,884
-
2012 · 990
- Revenue
- not reported
- Expenses
- $2,744,226
- Assets (EOY)
- $11,905,125
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
2024 Rental Rehab
Grants received
-
VERMONT ENERGY INVESTMENT CORP
$1,000,000
2024 WORKFORCE DEVELOPMENT
-
NEIGHBORHOOD REINVESTMENT CORP
$327,100
2024 GENERAL SUPPORT
-
NEIGHBORHOOD REINVESTMENT CORP
$322,500
2023 GENERAL SUPPORT
-
NEIGHBORHOOD REINVESTMENT CORP
$297,000
2022 GENERAL SUPPORT
-
2022 Energy efficiency low income VT
-
2024 LOW INCOME/EFFICIENCY PROGRAM
-
$90,728
2022 GENERAL PURPOSE
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
Housing Trust of Rutland County Inc
501(c)(3) · Affordable Housing · VT · controlled entity
Declared as related by
-
HOUSING TRUST OF RUTLAND COUNTY INC
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
Real Estate · VT · income $78,423 · assets $149,604
-
VT Energy Efficiency Loan Fund LLC
Loans · VT · income $0 · assets $4,004,368
Related partnerships on its 2024 return
-
Rutland West Housing Limited Partnership
Real Estate · VT · 99.99% owned · share of assets $807,522
-
Rutland AFS Limited Partnership
Affordable Housing · VT
-
CPWD Housing Limited Partnership
Affordable Housing · VT
-
Stanislaus Housing Limited Partnership
Affordable Housing · VT
-
Watkins School Limited Partnership
Affordable Housing · VT
-
Marble House Limited Partnership
Affordable Housing · VT
-
Heritage Court Apartments Limited Partnership
Affordable Housing · VT
-
Lincoln Place Limited Partnership
Affordable Housing · VT
-
Rutland Rehab Limited Partnership
Affordable Housing · VT
-
Tuttle Block Apartments Limited Partnership
Affordable Housing · VT
-
Colonial West Limited Partnership
Affordable Housing · VT
-
Conant Square Housing Limited Partnership
Affordable Housing · VT
-
Benson Heights Limited Partnership
Affordable Housing · VT
-
Appletree Apartments Limited Partnership
Affordable Housing · VT
-
64 School Steet Limited Partnership
Affordable Housing · VT
-
Thayer BTS Housing Limited Partnership
Affordable Housing · VT
Related corporations and trusts on its 2024 return
-
C · Rental · VT · 100% owned · controlled entity
-
C · Affordable Housing · VT
-
C · Affordable Housing · VT
-
C · Affordable Housing · VT
-
C · Affordable Housing · VT
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.