2025-08-12T13:59:11+00:00 2024-09-30 440160260 Forvis Mazars LLP 910 E St Louis 200 PO Box 1190 Springfield MO 658062523 990 2023-10-01 030272055 LAMOILLE AREA HOUSING CORPORATION COPLEY TERRACE PROJECT LAMO 8028887896 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 JOSEPH WOODIN CEO 8028888888 2025-08-12 true Brian Todd P00422601 4178658701 2025-08-12 2023 2025-03-06 01:10:19Z JOSEPH WOODIN 528 WASHINGTON HIGHWAY MORRISVILLE VT 05661 536776 false X COPLEYVT.ORG X 1978 VT LESSORS OF 38-UNIT APARTMENT PROJECT TO PROVIDE SUBSIDIZED ELDERLY HOUSING. 18 16 3 20 0 0 0 0 615182 535570 1149 1206 0 0 616331 536776 0 0 0 0 151682 227764 0 0 352207 361156 503889 588920 112442 -52144 846243 816865 122283 145049 723960 671816 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 366322 0 535570 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. 366322 true false false false false false false false false true false false true true false false 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 3 true false false false false false false false false false false false false X 18 16 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 VICE CHAIR 0.1 1.9 X X 0 0 0 BOB BLEIMEISTER TREASURER 0.1 1.9 X X 0 0 0 DEBORAH POMEROY SECRETARY 0.1 1.9 X X 0 0 0 JOSEPH WOODIN CEO 1.0 39.0 X X 0 549417 21957 KATHY DEMARS TRUSTEE / CHAIR BEG 02/24 0.1 1.9 X X 0 0 0 NANCY BANKS CHAIR END 02/24 0.1 1.9 X X 0 0 0 ALDEN LAUNER TRUSTEE 0.1 1.9 X 0 0 0 BETHANY SALVAS TRUSTEE BEG 02/24 0.1 1.9 X 0 0 0 CAMERON PAGE TRUSTEE 0.1 1.9 X 0 0 0 CARL SZLACHETKA TRUSTEE 0.1 4.9 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 DAVID SILVERMAN TRUSTEE END 02/24 0.1 1.9 X 0 0 0 DIANE COTE TRUSTEE 0.1 1.9 X 0 0 0 FRANCIS LANDREY TRUSTEE BEG 02/24 0.1 1.9 X 0 0 0 J MARTIN LINSEISEN MD TRUSTEE END 02/24 0.1 39.9 X 0 404314 52647 JAMES HODGE TRUSTEE BEG 02/24 0.1 1.9 X 0 0 0 KRISTEN SHARPLESS TRUSTEE END 06/24 0.1 1.9 X 0 0 0 MIKE FEULNER TRUSTEE 0.1 1.9 X 0 0 0 NAN CARLE BEAUREGARD TRUSTEE 0.1 2.9 X 0 0 0 PAMELA STANYON TRUSTEE 0.1 1.9 X 0 0 0 TRAVIS KNAPP TRUSTEE BEG 02/24 0.1 39.9 X 0 427820 53221 WALTER FRAME TRUSTEE END 02/24 0.1 2.9 X 0 0 0 JEFFREY HEBERT CFO 1.0 39.0 X 0 260707 11409 LORI PROFOTA CNO END 02/24 1.0 39.0 X 0 218967 38976 SAMANTHA ALLAIRE NURSE MGR / INTERIM CNO BEG 07/23 1.0 39.0 X 0 87364 41057 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 1.0 39.0 X 0 249773 50539 0 2198362 269806 0 false true false 0 0 RENTAL REVENUE 531110 534375 534375 OTHER REVENUE 900099 1195 1195 0 0 0 0 535570 1206 1206 0 0 0 0 0 0 0 0 0 536776 535570 0 1206 175876 117192 58684 51888 34575 17313 13295 13295 5490 5490 20375 20375 41246 27483 13763 0 162 108 54 43679 29105 14574 176945 117904 59041 43899 29251 14648 9580 6383 3197 REPAIRS & MAINTENANCE 5699 3797 1902 LICENSES, DUES, SUBSCRIPTION 786 524 262 0 0 0 0 588920 366322 222598 0 200 200 2712 6022 37468 40482 0 0 0 0 3555 5676 7639 5947 2787448 2333783 494715 453665 0 0 299954 304873 846243 816865 29732 40649 2445 3741 0 0 13038 0 77068 100659 122283 145049 X 723960 671816 723960 671816 846243 816865 -52144 0 X true X false false false X 0 619436 627651 614939 615182 535570 3012778 0 0 0 619436 627651 614939 615182 535570 3012778 0 0 0 0 0 0 363541 388629 349602 368715 325921 1796408 363541 388629 349602 368715 325921 1796408 1216370 1160 636 299 1149 1206 4450 0 1160 636 299 1149 1206 4450 0 0 0 0 0 0 0 620596 628287 615238 616331 536776 3017228 0.4031 0.4012 0 0.0 X 60000 60000 2235044 2016733 218311 340418 208993 131425 151986 108057 43929 453665 DEPOSITS 304873 304873 DUE TO RELATED PARTY 85839 TENANT SECURITY DEPOSITS 14820 100659 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 502919 0 0 0 46498 0 4910 0 17047 0 571374 0 0 TRAVIS KNAPP TRUSTEE BEG 02/24 0 406982 0 0 0 20838 0 12369 0 40852 0 481041 0 0 J MARTIN LINSEISEN MD TRUSTEE END 02/24 0 393316 0 0 0 10998 0 11300 0 41347 0 456961 0 0 JEFFREY HEBERT CFO 0 250292 0 0 0 10415 0 10241 0 1168 0 272116 0 0 LORI PROFOTA CNO END 02/24 0 216586 0 0 0 2381 0 6238 0 32738 0 257943 0 0 WAYNE STOCKBRIDGE CHIEF ADMIN & HR OFFICER 0 218340 0 0 0 31433 0 8647 0 41892 0 300312 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. 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