2024-08-15T12:01:33-04:00 2023-09-30 030280081 JMM & ASSOCIATES PC 463 MOUNTAIN VIEW DRIVE SUITE 403 COLCHESTER VT 05446 990 2022-10-01 030285606 COMMITTEE ON TEMPORARY SHELTER INC COMM 8028647402 PO BOX 1616 BURLINGTON VT 05402 JONATHAN FARRELL EXECUTIVE DIRECTOR 8028647402 2024-08-15 true false RANDALL L SARGENT CPA P00136499 8026555665 2024-08-15 2022 2024-08-08 14:25:15Z JONATHAN FARRELL PO BOX 1616 BURLINGTON VT 05402 5818459 false X WWW.COTSONLINE.ORG X 1983 VT COTS PROVIDES EMERGENCY SHELTER, SERVICES, AND HOUSING FOR PEOPLE WHO ARE HOMELESS OR MARGINALLY HOUSED IN VERMONT. COTS ADVOCATES FOR LONG-TERM SOLUTIONS TO END HOMELESSNESS. 13 13 82 500 0 6041369 3775269 420505 472403 190284 533084 65095 192795 6717253 4973551 105825 68656 0 2407795 2589286 0 505614 1279316 1610949 3792936 4268891 2924317 704660 13228459 14224537 363883 279902 12864576 13944635 X COTS PROVIDES EMERGENCY SHELTER, SERVICES, AND HOUSING FOR PEOPLE WHO ARE HOMELESS OR MARGINALLY HOUSED IN VERMONT. COTS ADVOCATES FOR LONG-TERM SOLUTIONS TO END HOMELESSNESS. false false 779406 IN THE 2023 FISCAL YEAR, 29 FAMILIES, INCLUDING 53 CHILDREN, STAYED IN COTS' EMERGENCY SHELTERS. EMERGENCY SHELTER FOR FAMILIES: THE FIREHOUSE FAMILY SHELTER (OPENED IN 1988, FULLY RENOVATED IN 2021) AND MAIN STREET FAMILY SHELTER (OPENED IN 2002) PROVIDE SAFE AND DECENT SHELTER FOR 15 FAMILIES WITH CHILDREN. FAMILIES CAN STAY FOR UP TO SIX MONTHS WHILE THEY WORK WITH COTS STAFF TO FIND AFFORDABLE HOUSING, EMPLOYMENT, CHILD CARE AND HEALTH CARE SERVICES. GUESTS BENEFIT FROM TRAUMA INFORMED SPACE DESIGN AND PROGRAM ELEMENTS DURING THEIR STAY. THE COTS CHILDREN'S EDUCATION ADVOCATE WORKS WITH CHILDREN AND PARENTS IN SHELTER TO ENSURE SUCCESS IN SCHOOL THROUGH SCHOOL, AFTER-SCHOOL, AND SUMMER CAMP PLACEMENT ASSISTANCE, AND THE CHILDREN'S MENTAL HEALTH ADOVCATE,PROMOTES CHILDREN'S HEALTHY SOCIAL, EMOTIONAL AND PHYSICAL DEVELOPMENT, AND STRENGTHEN FAMILY RELATIONSHIPS. 808055 65601 IN THE 2023 FISCAL YEAR, COTS HELPED 116 HOUSEHOLDS EXPERIENCING FINANCIAL CRISIS AVERT HOMELESSNESS AND STAY IN THEIR HOUSING OR MOVE INTO STABLE HOUSING. THE HOUSING RESOURCE CENTER OFFERS ASSISTANCE TO PREVENT AT-RISK HOUSEHOLDS FROM LOSING THEIR EXISTING HOUSING DUE TO UNFORESEEN CIRCUMSTANCES AND TO ASSIST THOSE WHO ARE WITHOUT PERMANENT SHELTER MOVE INTO STABLE HOUSING. LONGSTANDING RELATIONSHIPS WITH A NETWORK OF LOCAL LANDLORDS HELPS TO FACILITATE SUCCESSFUL CLIENT TRANSITIONS INTO PRIVATE AND PUBLIC HOUSING. THE HRC OFFERS GRANTS WITH RENT AND SECURITY DEPOSITS. 903629 IN THE 2023 FISCAL YEAR, 183 INDIVIDUALS STAYED IN COTS' OVERNIGHT SHELTERS, AND 280 INDIVIDUALS VISITED THE DAYSTATION. EMERGENCY SHELTER FOR SINGLE ADULTS: THE WAYSTATION (OPENED IN 1982) IS A 36-BED OVERNIGHT SHELTER FOR MEN AND WOMEN, AGE 18 AND OLDER. THE DAYSTATION (OPENED IN 1988) IS A DAYTIME DROP-IN CENTER OFFERING REFUGE FROM THE STREETS, WHERE A NOONTIME MEAL IS SERVED. THESE FACILITIES ARE OPEN 365 DAYS A YEAR. 898773 3055 472403 MOTEL OUTREACH: 173 HOMELESS HOUSEHOLDS, INCLUDING 87 CHILDREN, WERE OFFERED SUPPORT SERVICES WHILE STATYING IN STATE-FUNDING EMERGENCY MOTEL ROOMS. SUPPORT SERVICES: ONE-ON-ONE SUPPORT SERVICES ARE OFFERED TO ALL OF COTS' CLIENTS. 60 HOMELESS FAMILIES, INCLUDING THOSE STAYING IN EMERGENCY SHELTER OR IN THE COMMUNITY, RECEIVED SUPPORT FROM COTS STAFF. 143 SINGLE, HOMELESS ADULTS RECEIVED OUTREACH AND SUPPORT FROM COTS STAFF. TRANSITIONAL AND PERMANENT HOUSING: THE SMITH HOUSE (OPENED IN 2002)PROVIDES INDIVIDUALS MOVING OUT OF SHELTER WITH TRANSITIONAL HOUSING. THE SMITH HOUSE HAS SEVEN SINGLE-ROOM OCCUPANCY UNITS, PLUS TWO PERMANENT APARTMENTS, AND A FULL-TIME RESIDENTIAL MANAGER. CANAL STREET VETERANS HOUSING (OPENED IN 2011) PROVIDES 29 UNITS OF PERMANENT, AFFORDABLE HOUSING WITH PRIORITY PLACEMENT FOR VETERANS AND THEIR FAMILIES. THE WILSON (PURCHASED IN 1984) AND ST. JOHN'S HALL (PURCHASED IN 1991) TOGETHER PROVIDE 44 SINGLE-ROOM OCCUPANCY (SRO) UNITS AND FOUR APARTMENTS: PERMANENT HOUSING FOR FORMERLY HOMELESS INDIVIDUALS, AS WELL AS LOW-INCOME SENIOR CITIZENS AND VETERANS. 898773 3055 472403 3389863 true true false false false false false false false false true false true false true true true false false false false false false false true false false false true false false false false false false false false false true false false false false true false false false true 12 0 82 true false false false false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true false true true X X JONATHAN FARRELL 8028647402 PO BOX 1616 BURLINGTON VT 05402 JONATHAN FARRELL EXECUTIVE DI 40.00 X 120200 0 2906 KURT REICHELT CHAIR 2.00 X X 0 0 0 LYNNE JAUNICH VICE CHAIR 2.00 X X 0 0 0 ANDREW HANSON TREASURER 2.00 X X 0 0 0 CAROL BOARDMAN SECRETARY 2.00 X X 0 0 0 TOM STRETTON DIRECTOR 2.00 X 0 0 0 ANDREW BOHLIN DIRECTOR 2.00 X 0 0 0 SEAN COLLINS DIRECTOR 2.00 X 0 0 0 MAREE GAETANI DIRECTOR 2.00 X 0 0 0 MICHAEL LIPSON DIRECTOR 2.00 X 0 0 0 JOHN MAITLAND DIRECTOR 2.00 X 0 0 0 CATHERINE Z DAVIS DIRECTOR 2.00 X 0 0 0 PEG GAGNE DIRECTOR 2.00 X 0 0 0 JULIA PARADISO DIRECTOR 2.00 X 0 0 0 BETH ANDERSON LEFT SEPTEMBER 2023 DIRECTOR 2.00 X 0 0 0 PAUL LEKSTUTIS LEFT OCTOBER 2022 SECRETARY 2.00 X X 0 0 0 SHELLEY RICHARDSON LEFT SEPT 2023 DIRECTOR 2.00 X 0 0 0 DEB ROYCE LEFT OCTOBER 2022 DIRECTOR 2.00 X 0 0 0 TOM TORTI LEFT OCTOBER 2022 DIRECTOR 2.00 X 0 0 0 120200 2906 1 false false false 37914 807038 1317693 1612624 34934 3775269 RENT & PROGRAM INCOME 531110 472403 472403 472403 178962 178962 849030 350000 759884 85024 89146 264976 354122 354122 807038 PROJECT DEVELOPMENT FEES 900099 120000 120000 OTHER INCOME 72795 72795 192795 4973551 1019320 178962 68656 68656 119339 79957 17901 21481 2046153 1735692 76632 233829 36649 28929 2737 4983 227454 177747 18764 30943 159691 133980 7820 17891 17462 17462 143742 143742 28636 28636 148592 84374 36159 28059 101485 17291 3461 80733 33474 9822 1279 22373 104931 85252 7519 12160 553812 534144 7218 12450 6855 5866 33 956 17317 11510 706 5101 11 11 190464 158062 10106 22296 62408 52050 2905 7453 MISCELLANEOUS 106011 93719 7681 4611 CLIENT ACTIVITIES 58655 58245 115 295 BAD DEBT 37094 37094 4268891 3389863 373414 505614 392873 80535 1005603 1706889 1157843 589158 906000 906000 19701 20717 5050391 3154134 2126117 1896257 5277196 5860679 2343126 3164302 13228459 14224537 257564 235195 89096 26467 17223 18240 363883 279902 X 9892198 11240668 2972378 2703967 12864576 13944635 13228459 14224537 704660 375399 X false true X true false X 2949460 4378567 4323210 6041369 3775269 21467875 2949460 4378567 4323210 6041369 3775269 21467875 1468030 19999845 64573 55052 86877 148369 178962 533833 22001708 2458801 0.90900 0.92250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139750 139750 4058013 2498327 1559686 826978 654382 172596 25650 1425 24225 1896257 INVESTMENT IN COTS HOUSING 2343126 C INVESTMENT IN MAIN ST FAMILY HOUSING 821176 C 3164302 SECURITY DEPOSITS PAYABLE 18240 18240 X 4569517 -375399 -375399 4944916 28635 28635 4973551 4240256 4240256 28635 28635 4268891 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PHONATHON 504797 504797 COTS WALK 242961 242961 1 59280 59280 807038 807038 false PREVENTION SERVICES 59 65601 PERMANENT HOUSING 2 3055 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION MEETS WITH HOUSEHOLDS AND COMPLETES A NEEDS ASSESSMENT TO DETERMINE WHAT FINANCIAL ASSISTANCE WILL BEST STABILIZE THEIR HOUSING. OFTEN THIS INCLUDES A COMBINATION OF TYPES AND FUNDING SOURCES SUCH AS SECURITY DEPOSIT AND MOVING ASSISTANCE, OR ONE MONTH BACK RENT, TWO MONTHS BACK UTILITIES AND ONE MONTH SHORT TERM SUBSIDY. WE THEN COMPLETE AN INTAKE AND APPLICATION FOR EACH FUNDING SOURCE THE HOUSEHOLD MAY BENEFIT FROM, INTERNAL AND EXTERNAL. LOCAL FUNDING APPLICATIONS ARE PRESENTED WEEKLY TO A COMMITTEE AND APPROVED OR DENIED BASED ON GRANT ELIGIBILITY AND FUND AVAILABILITY. X 12 34934 FAIR MARKET VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B CHARLES SCHWAB HANDLES THE PROCESSING OF STOCK DONATIONS. FORM 990 IN FY20, COTS RECEIVED A 1M GIFT FOR ITS FUTURE MAIN STREET FAMILY PROJECT, WHICH IS PLANNED TO BE A 16 UNIT BUILDING OF AFFORDABLE APARTMENTS FOR FORMERLY HOMELESS FAMILIES. COTS RESOURCES CONTINUE TO BE COMMITTED TO ITS SIGNIFICANT INVESTMENT IN SEVEN BUILDINGS (FIVE DIRECTLY OWNED), MOST OF WHICH ARE OVER 100 YEARS OLD. IN ADDITION TO REGULAR MAINTENANCE, THESE PROPERTIES REQUIRE EXPENSIVE REPAIRS AND UPDATING, INCLUDING PERIODIC RENOVATIONS. FORM 990, PAGE 2, PART III, LINE 4A IN THE 2023 FISCAL YEAR, 29 FAMILIES, INCLUDING 53 CHILDREN, STAYED IN COTS' EMERGENCY SHELTERS. EMERGENCY SHELTER FOR FAMILIES: THE FIREHOUSE FAMILY SHELTER (OPENED IN 1988, FULLY RENOVATED IN 2021) AND MAIN STREET FAMILY SHELTER (OPENED IN 2002) PROVIDE SAFE AND DECENT SHELTER FOR 15 FAMILIES WITH CHILDREN. FAMILIES CAN STAY FOR UP TO SIX MONTHS WHILE THEY WORK WITH COTS STAFF TO FIND AFFORDABLE HOUSING, EMPLOYMENT, CHILD CARE AND HEALTH CARE SERVICES. GUESTS BENEFIT FROM TRAUMA INFORMED SPACE DESIGN AND PROGRAM ELEMENTS DURING THEIR STAY. THE COTS CHILDREN'S EDUCATION ADVOCATE WORKS WITH CHILDREN AND PARENTS IN SHELTER TO ENSURE SUCCESS IN SCHOOL THROUGH SCHOOL, AFTER-SCHOOL, AND SUMMER CAMP PLACEMENT ASSISTANCE, AND THE CHILDREN'S MENTAL HEALTH ADOVCATE,PROMOTES CHILDREN'S HEALTHY SOCIAL, EMOTIONAL AND PHYSICAL DEVELOPMENT, AND STRENGTHEN FAMILY RELATIONSHIPS. FORM 990, PAGE 2, PART III, LINE 4D MOTEL OUTREACH: 173 HOMELESS HOUSEHOLDS, INCLUDING 87 CHILDREN, WERE OFFERED SUPPORT SERVICES WHILE STATYING IN STATE-FUNDING EMERGENCY MOTEL ROOMS. SUPPORT SERVICES: ONE-ON-ONE SUPPORT SERVICES ARE OFFERED TO ALL OF COTS' CLIENTS. 60 HOMELESS FAMILIES, INCLUDING THOSE STAYING IN EMERGENCY SHELTER OR IN THE COMMUNITY, RECEIVED SUPPORT FROM COTS STAFF. 143 SINGLE, HOMELESS ADULTS RECEIVED OUTREACH AND SUPPORT FROM COTS STAFF. TRANSITIONAL AND PERMANENT HOUSING: THE SMITH HOUSE (OPENED IN 2002)PROVIDES INDIVIDUALS MOVING OUT OF SHELTER WITH TRANSITIONAL HOUSING. THE SMITH HOUSE HAS SEVEN SINGLE-ROOM OCCUPANCY UNITS, PLUS TWO PERMANENT APARTMENTS, AND A FULL-TIME RESIDENTIAL MANAGER. CANAL STREET VETERANS HOUSING (OPENED IN 2011) PROVIDES 29 UNITS OF PERMANENT, AFFORDABLE HOUSING WITH PRIORITY PLACEMENT FOR VETERANS AND THEIR FAMILIES. THE WILSON (PURCHASED IN 1984) AND ST. JOHN'S HALL (PURCHASED IN 1991) TOGETHER PROVIDE 44 SINGLE-ROOM OCCUPANCY (SRO) UNITS AND FOUR APARTMENTS: PERMANENT HOUSING FOR FORMERLY HOMELESS INDIVIDUALS, AS WELL AS LOW-INCOME SENIOR CITIZENS AND VETERANS. FORM 990, PAGE 6, PART VI, LINE 11B ALL BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 AND HAVE THE OPPORTUNITY TO REVIEW IT AND ASK QUESTIONS BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL DISCLOSURE STATEMENTS ARE REQUIRED AND REVIEWED. THEY ARE DISCUSSED WITH INDIVIDUAL TRUSTEES IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION ANNUALLY BY BENCHMARKING THE SALARY WITH OTHER ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE COTS WEBSITE. CANAL STREET HOUSING LP CANAL STREET WINOOSKI VT 05404 270704071 VET. HSG. VT N/A UNRELATED false false 0.00500 95 NORTH AVENUE LIMITED PARTNERSHIP 95 NORTH AVENUE BURLINGTON VT 05401 475043069 HOUSING VT N/A UNRELATED false false 0.00010 MAIN STREET FAMILY HOUSING LP 100 BANK STREET SUITE 400 BURLINGTON VT 05401 881592810 HOUSING VT N/A UNRELATED false false 0.00010 COTS VETERANS HOUSING INC PO BOX 1616 BURLINGTON VT 05402 300583923 VET. HSG. VT COTS C CORP -5 1214280 1.00000 false COTS HOUSING INC PO BOX 1616 BURLINGTON VT 05402 474389426 HOUSING VT COTS C CORP -10 2372673 1.00000 false false true false false false false false false false false true false false false false false false false false 95 NORTH AVENUE LP K 66075 CASH MAIN STREET HOUSING LP B 471176 CASH MAIN STREET HOUSING LP B 350000 FAIR MARKET VALUE SCHEDULE R DURING FY16 COTS FORMED A CORPORATE ENTITY CALLED COTS HOUSING INC. FOR THE PURPOSES OF INVESTING IN A LIMITED PARTNERSHIP TO CREATE AFFORDABLE HOUSING, RENOVATE PROGRAM SPACE AND BUILD A NEW DAYSTATION AT 95 NORTH AVENUE IN BURLINGTON, VERMONT. THIS LIMITED PARTNERSHIP, 95 NORTH LP, ALLOWED COTS TO RECEIVE TAX CREDIT FINANCING USED IN THIS RENOVATION. IN ADDITION TO THE TAX CREDIT FINANCING AND OTHER PUBLIC FUNDS, COTS INVESTED PROCEEDS OF A SUCCESSFUL CAPITAL CAMPAIGN IN THIS PROJECT VIA COTS HOUSING INC.