Public Charity

MONROE PLACE CORPORATION

Based in SOUTH BURLINGTON, VT, MONROE PLACE CORPORATION operates as a Public Charity. The organization reported $224K in revenue, $214K in expenses, $721K in total assets for fiscal year 2025.

EIN: 030346285 SOUTH BURLINGTON, VT Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$224K
Total Expenses$214K
Total Assets$721K
Grant Records0
Filing Years2021–2025

Mission

PROVIDING LOW-COST HOUSING

Where $100 goes at Monroe Place Corporation

How Monroe Place Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
The corporation was formed for the purpose of developing and operating a 16 unit housing project for low-income residents who suffer from chronic mental illness
All 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

TREASURER Aaron Ferenc
MEMBER Carroll Ockert
MEMBER Chol Dhoor
MEMBER Greta Getlein
CEO Kim Fitzgerald
MEMBER Lacey Smith

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $224K $214K $721K
2024 $182K $174K $694K
2023 $172K $159K $684K
2022 $158K $158K $672K
2021 $154K $174K $690K

Between 2021 and 2025, reported annual revenue grew from $154K to $224K (+45%), with total assets most recently reported at $721K.

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

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