2024-08-12T12:55:37+00:00 2023-09-30 440160260 Forvis Mazars LLP 910 E St Louis 200 PO Box 1190 Springfield MO 658062523 990 2022-10-01 030272055 LAMOILLE AREA HOUSING CORPORATION COPLEY TERRACE PROJECT LAMO 8028887896 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 JOSEPH WOODIN CEO 8028888888 2024-08-12 true Brian Todd P00422601 4178658701 2022 2024-08-08 14:25:15Z JOSEPH WOODIN 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 616331 false X COPLEYVT.ORG X 1978 VT LESSORS OF 38-UNIT APARTMENT PROJECT TO PROVIDE SUBSIDIZED ELDERLY HOUSING. 19 17 2 18 0 0 0 0 614939 615182 299 1149 0 0 615238 616331 0 0 0 0 138051 151682 0 0 350670 352207 488721 503889 126517 112442 838593 846243 227075 122283 611518 723960 TO PROVIDE LOW-INCOME ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS AND TO PROMOTE THEIR HEALTH SECURITY, HAPPINESS AND USEFULNESS IN LONGER AND INDEPENDENT LIVING. false false 332049 615182 TO PROVIDE LOW-INCOME ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS AND TO PROMOTE THEIR HEALTH SECURITY, HAPPINESS AND USEFULNESS IN LONGER AND INDEPENDENT LIVING. THESE SERVICES ARE SUBSIDIZED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 8 AND 202 OF THE NATIONAL HOUSING ACT. 332049 true false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true X 0 0 2 true false false false false false false false false false false false false X 19 17 false false false false true true true true true false false true true true true true true true true false X ANGELA LAMELL 8028888222 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 ANNE BONGIORNO TRUSTEE / VICE CHAIR BEG 01/23 0.1 1.9 X X 0 0 0 BOB BLEIMEISTER TRUSTEE / TREASURER BEG 01/23 0.1 1.9 X X 0 0 0 CARL SZLACHETKA TREASURER / TRUSTEE BEG 01/23 0.1 4.9 X X 0 0 0 DAVID SILVERMAN CHAIR / TRUSTEE BEG 01/23 0.1 1.9 X X 0 0 0 DEBORAH POMEROY SECRETARY 0.1 2.9 X X 0 0 0 JOSEPH WOODIN CEO 1.0 39.0 X X 0 611117 29046 NANCY BANKS VICE CHAIR / CHAIR BEG 01/23 0.1 1.9 X X 0 0 0 ALDEN LAUNER TRUSTEE 0.1 1.9 X 0 0 0 CAMERON PAGE TRUSTEE 0.1 1.9 X 0 0 0 CHRISTOPHER TOWNE TRUSTEE 0.1 1.9 X 0 0 0 DAN NOYES TRUSTEE 0.1 1.9 X 0 0 0 DIANE COTE TRUSTEE 0.1 1.9 X 0 0 0 HENRY BINDER MD TRUSTEE END 01/23 0.1 1.9 X 0 0 0 J MARTIN LINSEISEN MD TRUSTEE 0.1 39.9 X 0 389954 42676 KATHY DEMARS TRUSTEE 0.1 1.9 X 0 0 0 KRISTEN SHARPLESS TRUSTEE 0.1 1.9 X 0 0 0 MIKE FEULNER TRUSTEE - BEG 01/23 0.1 1.9 X 0 0 0 NAN CARLE BEAUREGARD TRUSTEE - BEG 01/23 0.1 1.9 X 0 0 0 PAMELA STANYON TRUSTEE 0.1 1.9 X 0 0 0 WALTER FRAME TRUSTEE 0.1 2.9 X 0 0 0 JEFFREY HEBERT CFO 1.0 39.0 X 0 255919 11385 LORI PROFOTA CNO 1.0 39.0 X 0 191381 31811 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 1.0 39.0 X 0 198828 45650 0 1647199 160568 0 false true false 0 0 RENTAL REVENUE 531110 614525 614525 OTHER REVENUE 900099 657 657 0 0 0 0 615182 1149 1149 0 0 0 0 0 0 0 0 0 616331 615182 0 1149 X 110427 79083 31344 41255 29545 11710 11964 11964 2460 2460 25811 25811 53119 38042 15077 0 51 37 14 15659 11213 4446 170005 121750 48255 6471 4634 1837 41002 29364 11638 10500 7520 2980 LICENSES, DUES, SUBSCRIPTION 1093 783 310 REPAIRS & MAINTENANCE 14072 10078 3994 0 0 0 0 503889 332049 171840 0 200 200 28419 2712 0 0 10510 37468 0 0 0 0 0 0 4563 3555 7800 7639 2785669 2290954 506472 494715 0 0 0 0 0 0 280629 299954 838593 846243 27367 29732 0 0 4242 2445 0 0 0 0 0 0 150071 13038 0 0 45395 77068 227075 122283 X 611518 723960 0 0 611518 723960 838593 846243 112442 0 X true X false false false X 0 612449 619436 627651 614939 615182 3089657 0 0 0 612449 619436 627651 614939 615182 3089657 0 0 0 0 0 0 377820 363541 388629 349602 368715 1848307 377820 363541 388629 349602 368715 1848307 1241350 825 1160 636 299 1149 4069 0 825 1160 636 299 1149 4069 0 0 0 0 0 0 0 613274 620596 628287 615238 616331 3093726 0.4012 0.4030 0 0.0011 X 60000 60000 2233265 1995350 237915 340418 194593 145825 151986 101011 50975 494715 DEPOSITS 299954 299954 DUE TO RELATED PARTY 65475 TENANT SECURITY DEPOSITS 11593 77068 616331 0 0 616331 0 0 616331 503889 0 0 503889 0 0 503889 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false false false false false false false false false JOSEPH WOODIN CEO 0 457333 0 0 0 153784 0 9379 0 19667 0 640163 0 0 J MARTIN LINSEISEN MD TRUSTEE 0 387995 0 0 0 1960 0 10245 0 32431 0 432631 0 0 JEFFREY HEBERT CFO 0 244898 0 0 0 11020 0 9691 0 1694 0 267304 0 0 LORI PROFOTA CNO 0 189604 0 0 0 1777 0 4042 0 27769 0 223193 0 0 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 0 195236 0 0 0 3592 0 8633 0 37017 0 244478 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COPLEY HOSPITAL, INC, A RELATED PARTY OF THE ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE Form 990, Part V, Line 2a COMMON PAYMASTER ARRANGEMENT & SALARIES COPLEY HOSPITAL INC, A RELATED PARTY OF THE ORGANIZATION, FILES ALL W-2'S ON BEHALF OF LAMOILLE AREA HOUSING CORPORATION. THE AMOUNT REFLECTS ON LINE 2A IS THE AMOUNT OF EMPLOYEES FOR LAMOILLE AREA HOUSING CORPORATION. Form 990, Part VI, Line 6 7a & 7b - MEMBERS/STOCKHOLDERS LAMOILLE AREA HOUSING CORPORATION IS COMPROMISED OF INDIVIDUALS WHO WERE MEMBERS OF COPLEY HOSPITAL, INC. ON DECEMBER 31, 1986, AND INDIVIDUALS WHO SUPPORT THE CORPORATION'S PURPOSE AND BELIEVE IN ITS MISSION. MEMBERS SHALL BE APPOINTED TO ONE, TWO AND THREE YEAR TERMS WHICH CORRESPOND TO THE LENGTH OF THEIR RESPECTIVE TERMS AS FORMER MEMBERS OF COPLEY HOSPITAL, INC. UPON EXPIRATION OF THESE TERMS, MEMBERS MAY BE RE-ELECTED AND NEW MEMBERS MAY BE ELECTED AT ANY ANNUAL MEETING OF THE MEMBERS. MEMBERS SHALL BE REQUIRED TO COMPLETE A WRITTEN MEMBERSHIP APPLICATION. MEMBERSHIP IN THE CORPORATION IS NOT TRANSFERABLE OR ASSIGNABLE. EACH YEAR, THE MEMBERS WILL HOLD AN ANNUAL MEETING. THE PURPOSES OF THE ANNUAL MEETING SHALL INCLUDE THE ELECTION OF MEMBERS TO THE CORPORATION, THE ELECTION OF TRUSTEES TO THE CORPORATION'S BOARD OF TRUSTEES, THE ELECTION OF THE COMMUNITY MEMBER AT LARGE OF THE GOVERNANCE AND BYLAWS COMMITTEE, AND THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEMBERSHIP. THE BOARD SHALL CONSIST OF UP TO TWENTY-ONE ELECTED MEMBERS, THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION AND THE PRESIDENT OF THE MEDICAL STAFF OF COPLEY HOSPITAL, INC. ALL AS VOTING MEMBERS. ALL TRUSTEES MUST BE MEMBERS OF THE CORPORATION. Form 990, Part VI, Line 15 COMPENSATION REVIEW THE ORGANIZATION'S CEO IS PAID BY COPLEY HOSPITAL, A RELATED ORGANIZATION. THE CEO'S PAY IS DETERMINED BY USING MARKET SURVEY COMPENSATION DATA FROM HE NNE HEALTHCARE COMP SURVEY. THE CEO'S COMPENSATION IS ALSO APPROVED BY THE BOARD. SENIOR LEADERSHIP AND OTHER HIGHLY COMPENSATED INDIVIDUALS HAVE THEIR PAY RANGES DETERMINED THROUGH MARKET DATA FROM THE NNE HEALTHCARE COMPENSATION SURVEY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. PRIOR TO FILING, A TENTATIVE DRAFT OF THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS. A COMPLETE COPY OF THE FORM IS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY THROUGH THE FINANCE OFFICE. Form 990, Part VI, Line 12c Conflict of interest policy THE GOVERNANCE COMMITTEE REVIEWS THE STATEMENTS AND SURVEYS COMPLETED BY INTERESTED PERSONS AND MAINTAINS A LIST OF INDIVIDUALS WHO MAY BE CONSIDERED DISQUALIFIED PERSONS UNDER IRS REGULATIONS. THE GOVERNANCE COMMITTEE REPORTS THE RESULTS OF ITS REVIEWS ANNUALLY TO THE BOARD. THE INTERNAL COMPLIANCE COMMITTEE OF THE CORPORATION REVIEWS ANY POTENTIAL CONFLICT OF INTEREST WHICH INVOLVES AN INTERESTED PERSON WHO IS NOT A TRUSTEE OR OFFICER OF THE CORPORATION. THE INTERNAL COMPLIANCE COMMITTEE REPORTS THE RESULTS OF ITS REVIEWS ANNUALLY TO THE BOARD. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND MATRIX ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT THAT IS AVAILABLE TO THE PUBLIC. THE HOSPITAL ALSO SUBMITS BOTH THEIR BUDGET AND ACTUAL FINANCIAL INFORMATION TO THE STATE OF VERMONT'S DEPARTMENT OF FINANCIAL REGULATION. Form 990, Part IX, Line 11g Other Fees PURCHASED SERVICES - Total Expense: 53119, Program Service Expense: 38042, Management and General Expenses: 15077, Fundraising Expenses: 0; COPLEY HOSPITAL INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030179423 HOSPITAL VT 501(c)(3) 3 CHSI false COPLEY HEALTH SYSTEMS INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030301457 SUPPORT VT 501(c)(3) Type II NA false COPLEY WOODLANDS 125 THOMAS LANE STOWE VT 05672 030352086 HOUSING VT 501(c)(3) 10 CHSI false HEALTH CENTER BUILDING INC 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 030220357 BUILDING RENTAL VT CHSI C Corporation false false false false false false false false false false false false false true false true true true false false