CHAMPLAIN HOUSING TRUST Charity Report

Public IRS 990 nonprofit record

CHAMPLAIN HOUSING TRUST

EIN 22-2536446 · Housing & Shelter (L200)

What they do

CHAMPLAIN HOUSING TRUSTS MISSION STATEMENT ASSERTS OUR PRIMARY EXEMPT PURPOSE AS FOLLOWS: CHT is A COMMUNITY LAND TRUST THAT SUPPORTS THE PEOPLE of NORTHWEST VERMONT and STRENGTHENS THEIR COMMUNITIES THROUGH THE DEVELOPMENT and STEWARDSHIP of PERMANENTLY AFFORDABLE HOMES and RELATED COMMUNITY ASSETS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

64.05%of revenue went to mission work84.4% of expenses · Program services

0.82%of revenue went to fundraising1.1% of expenses

$54.95spent for every $100 of revenueRevenue covered expenses this year.

10.99%of revenue went to management and office costs14.5% of expenses

$6.56in assets for every $1 spent this yearSome assets cannot be spent right away.

26.9%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $187,031 for MICHAEL MONTE (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$40,497,603

Mission workProgram services$25,939,42964.05% of revenue84.4% of expenses

ManagementOffice and general costs$4,449,71210.99% of revenue14.5% of expenses

FundraisingAsking for donations$332,7320.82% of revenue1.1% of expenses

Revenue left after expensesReported annual surplus$9,775,73024.14% of revenueShown in gray on the chart

Total expenses$30,721,87375.86% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 84.4% mission · 14.5% management · 1.1% fundraisingTotal expenses: 75.86% of revenue

2022Expense mix: 94.7% mission · 4.0% management · 1.3% fundraisingTotal expenses: 51.16% of revenue

2021Expense mix: 93.1% mission · 5.2% management · 1.8% fundraisingTotal expenses: 51.03% of revenue

2020Expense mix: 93.6% mission · 4.5% management · 1.9% fundraisingTotal expenses: 63.96% of revenue

2019Expense mix: 93.7% mission · 4.7% management · 1.6% fundraisingTotal expenses: 46.07% of revenue

2018Expense mix: 94.7% mission · 3.5% management · 1.7% fundraisingTotal expenses: 89.39% of revenue

2017Expense mix: 93.2% mission · 4.7% management · 2.1% fundraisingTotal expenses: 51.00% of revenue

2016Expense mix: 93.7% mission · 4.9% management · 1.4% fundraisingTotal expenses: 67.96% of revenue

Money in and money out

Revenue$55,910,102

Expenses$30,721,873

Annual surplus $25,188,229 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$25,939,429 · 84.4% of expenses

Management and office costs$4,449,712 · 14.5% of expenses

Fundraising$332,732 · 1.1% of expenses

See all reported dollar amounts

Revenue$55,910,102

Expenses$30,721,873

Assets$201,675,106

Income$67,226,530

Contributions$15,045,293

Mission work (program services)$25,939,429

Fundraising$332,732

Grants given$3,064,519

Average grant$74,744

Management and general$4,449,712

Executive compensation (total)$393,740

Stocks and bonds$9,576,613

Accounting fees$163,279

Investing fees$43,922

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL MONTECEO · 40 hrs/week $187,031Base $162,189 · Other $24,842

AMELIA DEMETROWITZCHIEF OPERATING OFFICER · 40 hrs/week $167,657Base $134,986 · Other $32,671

CHERYL READCAO/CFO · 40 hrs/week $154,320Base $122,377 · Other $31,943

CHRISTOPHER DONNELLYDIRECTOR OF COMMUNITY RELATIONS · 40 hrs/week $142,916Base $111,247 · Other $31,669

JOSH CHANTDIRECTOR OF FINANCE · 40 hrs/week $135,158Base $103,831 · Other $31,327

MIRANDA LESCAZEDIR. OF REAL ESTATE DEVELOPMENT · 40 hrs/week $134,061Base $102,728 · Other $31,333

MICHAEL OHLERDIR.OF RESIDENT SERVICES & HOMELESSNESS PREVENTION · 40 hrs/week $110,989Base $106,227 · Other $4,762

JULIE CURTINDIRECTOR OF HOMEOWNERSHIP · 40 hrs/week $109,332Base $104,445 · Other $4,887

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

MICHAEL MONTECEO

AMELIA DEMETROWITZCHIEF OPERATING OFFICER

CHERYL READCAO/CFO

CHRISTOPHER DONNELLYDIRECTOR OF COMMUNITY RELATIONS

JOSH CHANTDIRECTOR OF FINANCE

MIRANDA LESCAZEDIR. OF REAL ESTATE DEVELOPMENT

MICHAEL OHLERDIR.OF RESIDENT SERVICES & HOMELESSNESS PREVENTION

JULIE CURTINDIRECTOR OF HOMEOWNERSHIP

SARAH ROBINSONTREASURER

REGINA MAHONYDIRECTOR

RACHYL PHILLIPSDIRECTOR

NICOLE MACEVICE TREASURER

NAIMA DENNISDIRECTOR

LIZ GAMACHEDIRECTOR

LISA LORDSECRETARY

KATHY T LUCEDIRECTOR

KATE CAPPLEMAN SINZDIRECTOR

JOAN LENESDIRECTOR

JEFF SMITHPRESIDENT

ISSOUF OUATTARADIRECTOR

ISAAC OWUSUDIRECTOR

HELEN HEADDIRECTOR

GILLIAN NANTONVICE PRESIDENT

About this charity

Recognized since: January 1985
Location: 88 KING STREET, BURLINGTON, VT 05401-5089
County: Chittenden
In care of: CHERYL READ
Primary officer: CHERYL READ, CAO/CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@getahome.org Phone(802) 862-6244

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: AAFCPAS INC
NTEE classification: Housing & Shelter (L200)
IRS tax category: Other Community Housing Services
Grant-giving organization: Yes

CHAMPLAIN HOUSING TRUST

CHAMPLAIN HOUSING TRUST

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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