Mission
TO OWN AND LEASE LAND FOR THE PURPOSE OF DEVELOPING, BUILDING AND MAINTAINING AFFORDABLE HOUSING ON MARTHA'S VINEYARD, MASSACHUSETTS.
Public Charity
ISLAND HOUSING TRUST CORPORATION
ISLAND HOUSING TRUST CORPORATION is a Public Charity headquartered in WEST TISBURY, MA. Financial data from the 2025 filing: $7.6M revenue, $7.3M expenses, $47.9M total assets. 87 publicly reported grants to this organization, totaling roughly $11.9M, appear in IRS filings.
EIN: 020549245
WEST TISBURY, MA
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$7.6M
Total Expenses$7.3M
Total Assets$47.9M
Grant Records87
Funding Total$11.9M
Filing Years2021–2025
Where $100 goes at Island Housing Trust Corporation
How Island Housing Trust Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$77
Programs
the work itself
$14
Management
running the organization
$9
Fundraising
raising the next dollar
Inside the $77 for programs
$50
Housing development
$25
Rental programs
$2
Communications
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$10,000
COMMUNITY & HUMAN SERVICES
$7,500
For grant recipient's exempt purposes
$983,340
UNRESTRICTED GENERAL SUPPORT
$160,000
DAF - Housing
$150,500
Showing up to 5 of 87 total records — full history available with membership.
Officers & Directors
DIRECTOR
Barbara Bellissimo
DIRECTOR
Beverly Wright
VICE TREASURER
Bob Egerton
COO & COMMUNICATIONS DIREC
Breeze Tonnesen
DIRECTOR
Delos Lander
CONTROLLER
Ellen Biskis
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $7.6M | $7.3M | $47.9M |
| 2024 | $10.1M | $5.1M | $46.6M |
| 2023 | $5.8M | $4.4M | $40.0M |
| 2022 | $5.9M | $3.1M | $36.6M |
| 2021 | $5.8M | $2.7M | $30.0M |
Between 2021 and 2025, reported annual revenue grew from $5.8M to $7.6M (+31%), with total assets most recently reported at $47.9M.
Interactive year-over-year charts and full filing details available with membership.