Public Charity

THE HOUSING FOUNDATION INC

THE HOUSING FOUNDATION INC is a Public Charity headquartered in MONTPELIER, VT. Financial data from the 2025 filing: $8.7M revenue, $8.3M expenses, $36.5M total assets.

EIN: 030305214 MONTPELIER, VT Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$8.7M
Total Expenses$8.3M
Total Assets$36.5M
Grant Records0
Filing Years2021–2025

Mission

THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK.

Where $100 goes at The Housing Foundation Inc

How The Housing Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$96
Rental of low income housing
98% of program spending · Reported in the filing: 1,240 units of housing
$2
Acquisition of low income housing stock for the purpose of preserving affordable housing
2% of program spending
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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.

Officers & Directors

VICE PRESIDE Alex Farrell
BOARD MEMBER Alison J Bell
PRESIDENT Cory B Richardson
BOARD MEMBER David Muzzy
BOARD MEMBER Jo Ann Troiano
SECRETARY Kathleen Berk

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $8.7M $8.3M $36.5M
2024 $16.1M $6.6M $36.3M
2023 $-1.8M $5.1M $27.8M
2022 $7.5M $6.4M $36.4M
2021 $7.2M $6.4M $37.0M

Between 2021 and 2025, reported annual revenue grew from $7.2M to $8.7M (+21%), with total assets most recently reported at $36.5M.

Interactive year-over-year charts and full filing details available with membership.

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