Downstreet Housing and Community Development
Downstreet Housing and Community Development reported $10.4 million in revenue and $8.5 million in expenses for calendar year 2024. Of every $100 it spent, $92.71 went to program services, $6.45 to management and general costs and $0.84 to fundraising. Its largest source of revenue was contributions and grants: 69.8% of the total. Government grants made up 57.3%. The highest compensation it reported for one person was $147,154 (EXECUTIVE DI). 2 people received more than $100,000 in reportable compensation. Revenue rose 115% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $8.5MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.7% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.4% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.8% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 69.8% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 57.3% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 28.4% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $147,154 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.73% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 2 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.1 | 10.0 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseProperty management - accounts for the services provided to other properties in which downstreet is an investor
Property operations - accounts for the rental activity and operations of the following projects: bromur(sold in 2023), brook street, good neighbors, green mountain seminary, evergreen place, foundation house, hillside, hubbard street, laurel street, limehurst mobile home park, mad river meadows, phoenix house, verdmont mobile home park, whistlestop mobile home park, and the yorra building
Homeownership - accounts for the activities of downstreet's homeownership center
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DI Officer, 40.00 hrs/week | $134,026 | $0 | $13,128 | $147,154 |
| CFO Highest compensated employee, 40.00 hrs/week | $116,922 | $0 | $14,616 | $131,538 |
2 people received more than $100,000 in reportable compensation from Downstreet Housing and Community Development (Part VII, line 2). Compensation of current officers, directors and key employees totaled $147K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 550
- Volunteers Part I, line 616
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| RANDALL CONTRACTING INC Construction | $191,482 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Downstreet Housing and Community Development totaling $16,016 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Downstreet Housing and Community Development's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Downstreet Housing and Community Development, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Downstreet Housing and Community Development spent in 2024, $92.71 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- OUB Court Housing CompanyBronx, NY · revenue $10M · programs 98.1% · 2024
- CotsDetroit, MI · revenue $10M · programs 81.4% · FY2025
- Abode Property ManagementFremont, CA · revenue $10M · programs 78.9% · FY2024
- Invest DsmDes Moines, IA · revenue $10M · programs 95.2% · 2025
- Housing and Human Development CorporationChicago, IL · revenue $10M · programs 92.3% · 2024
All housing & shelter charities · Largest charities in Vermont
Questions people ask
How much of Downstreet Housing and Community Development's spending goes to programs?
In calendar year 2024, Downstreet Housing and Community Development reported that 92.7% of its $8.5 million in expenses went to program services, 6.4% to management and general and 0.8% to fundraising (Form 990, Part IX).
How much does Downstreet Housing and Community Development pay its top executive?
The largest total compensation Downstreet Housing and Community Development reported for one person in calendar year 2024 was $147,154, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Downstreet Housing and Community Development get its money?
Of $10.4 million in revenue in calendar year 2024, 69.8% came from contributions and grants (including 57.3% from government grants) and 28.4% from program service revenue (Form 990, Part VIII).
Is Downstreet Housing and Community Development a registered charity?
The IRS lists EIN 22-2843473 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523189349301592 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349308662 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303049349301715 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212809349300226 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122999349301012 · read the filing
- 2019: Form 990 for calendar year 2019, object 202041929349300019 · read the filing
All filings for EIN 22-2843473: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.