2025-02-06T10:15:02-06:00 2024-09-30 020417217 LEONE MCDONNELL & ROBERTS PA 273 LOCUST ST SUITE 207 DOVER NH 03820 990 2023-10-01 030216254 CAPSTONE COMMUNITY ACTION INC CAPS 8024791053 20 GABLE PLACE BARRE VT 056412267 JON VALSANGIACOMO CHAIR 8024791053 2025-01-17 1 1 SHAUNA BROWN CPA P01390350 6037492700 2025-01-17 2023 2025-03-06 01:10:19Z JON VALSANGIACOMO 20 GABLE PLACE BARRE VT 056412267 28686786 0 X WWW.CAPSTONEVT.ORG X 1965 VT WE ARE DEDICATED TO CREATING RESILIENT HOUSEHOLDS AND COMMUNITIES AND TO ADVANCING JUSTICE INSOCIAL ECONOMIC AND ENVIRONMENTAL POLICY. WE EMPOWER INDIVIDUALS WITH THE TOOLS AND RESOURCES TO MOVE BEYOND POVERTY. THROUGH ADVOCACY AND COMMUNITY COLLABORATION WE CHAMPION POSITIVE SOCIAL CHANGE. WE GUIDE PEOPLE TO HAVE A VOICE IN THEIR OWN TRANSFORMATION AND PROMOTE A VISION OF WHAT IS POSSIBLE. 14 14 213 200 0 0 25630795 27659959 858658 924004 59203 92492 0 0 26548656 28676455 8424877 9255707 0 0 12025440 14035233 0 0 99074 4930038 4893625 25380355 28184565 1168301 491890 13823950 14566744 4765497 5016401 9058453 9550343 X CAPSTONE COMMUNITY ACTION PROVIDES COMPREHENSIVE SERVICES TO HELP PEOPLE ACHIEVE ECONOMIC WELL-BEING WITH DIGNITY AND DEVELOPS PARTNERSHIPS TO STRENGTHEN VERMONT COMMUNITIES. OUR COMMITMENT IS: TO ALLEVIATE THE SUFFERING CAUSED BY POVERTY, TO WORK WITH INDIVIDUALS AND FAMILIES TO MOVE OUT OF POVERTY, AND TO ADVOCATE FOR ECONOMIC JUSTICE FOR ALL VERMONTERS. 0 0 6168717 223999 247454 EARLY CHILDHOOD AND FAMILY DEVELOPMENT (HEAD START):CAPSTONE HEAD START AND EARLY HEAD START PROGRAMS PREPARE 271 YOUNG CHILDREN FOR FUTURE SUCCESS IN SCHOOL AND IN LIFE THROUGH THE OPERATION TION OF LICENSED CHILD CARE CENTERS, PARTNERSHIPS WITH LOCAL SCHOOLS AND PROVISION OF SERVICES TO FAMILIES IN THEIR HOMES. CAPSTONE'S WHOLE FAMILY APPROACH PROVIDES A FULL CONTIUUM OF SUPPORT INCLUDING PARENT EDUCATION, PARENT LEADERSHIP OPPORTUNITIES, HEALTH, DENTAL AND NUTRITION SERVICES, DISABILITY SERVICES, MENTAL HEALTH SERVICES, AND RESOURCE AND REFERRAL FOR OTHER NEEDED SOCIAL SERVICES. OUR BROOK STREET HIGH SCHOOL IS A MODEL FAMILY LITERACY PROGRAM FOR TEEN PARENT EDUCATION, HIGH SCHOOL AND COLLEGE ACHIEVEMENT. LOCATED IN BARRE'S HISTORICAL BROOKSIDE SCHOOL, BROOK STREET HIGH SCHOOL IS CO LOCATED WITH OUR LEARNING TOGETHER EARLY CHILDHOOD EDUCATION PROGRAMS AND STRIVES TO BREAK THE BARRIERS OF INTERGENERATIONAL POVERTY FOR AT RISK YOUNG FAMILIES. 9587797 4317286 481121 WEATHERIZATION:CAPSTONE'S WEATHERIZATION TEAM IS DEDICATED TO IMPROVE ENERGY EFFCIENCY AND COST SAVINGS FOR LOW INCOME VERMONTERS. WE CONDUCT HOME ENERGY AUDITS, ADDED INSULATION, DRAFT REDUCTION, HEATING SYSTEM EFFICIENCY IMPROVEMENTS, INSTALLATION OF ENERGY EFFICIENT LIGHTING, HOT WATER HEATER REPLACEMENT OR INSULATION, AND MORE. IN ADDITION, THIS PROGRAM OFFERS EMERGENCY HEATING SYSTEM REPLACEMENTS OR REPAIRS TO ENSURE PROPER SAFETY AND FUNCTIONING OF HOME HEATING SYSTEMS. OUR 3E THERMAL PROGRAM WORKS WITH OWNERS OF MULTI-UNIT AFFORDABLE HOUSING TO IMPROVE THE ENERGY EFFICIENCY, COMFORT AND SAFETY OF THOSE OCCUPYING THEIR 401 RENTAL UNITS. IN 2023-24, THE WEATHERIZATION PROGRAM SERVICED 462 HOMES, LOWERING AVERAGE HOUSEHOLD ENERGY USE AND CREATING HEALTHIER HOMES WHILE REDUCING CLIMATE IMPACT. 2898708 1356784 0 FAMILY AND COMMUNITY SUPPORT SERVICES (FCSS):FCSS PROVIDES CRISIS ASSISTANCE TO PEOPLE IN NEED OF HOUSING, UTILITIES AND HOME HEATING FUEL. FCSS PROVIDES 24/7 COVERAGE DURING THE WINTER SEASON TO ENSURE A LACK OF FUEL DOES NOT CREATE UNSAFE HOME CONDITIONS FOR LOW INCOME VERMONTERS. THIS YEAR, WE PROVIDED 1,150 ADULTS AND 551 CHILDREN WITH FUEL ASSISTANCE AND SUBSIDIZED $30,000 OF EMERGENCY FUEL COSTS FOR VERMONTERS UNABLE TO AFFORD FUEL IN THE HARSH WINTER SEASON. CAPSTONE'S HOUSING SERVICES SUPPORTS VERMONTERS LIVING IN MOTELS, ENCAMPMENTS OR IN THEIR CARS. ONCE HOUSED, CAPSTONE SERVICES ARE CRITICAL TO KEEP HOMELESS VERMONTERS IN SAFE TEMPORARY SHELTER OR PERMANENT HOMES. WE FIND HOUSING, VOUCHERS AND RENTAL ASSISTANCE AND COLLABORATE WITH COMMUNITY PARTNERS TO ENSURE ACCESS TO A WIDE CONTINUUM OF SERVICES. IN 2024, WE HELPED 981 MEN, WOMEN AND CHILDREN TO ACCESS OR MAINTAIN HOUSING OR NAVIGATION TO UNHOUSED VERMONTERS. 6437335 3357638 195429 COMMUNITY ECONOMIC DEVELOPMENT (CED):OUR CED PROGRAMS DELIVER SERVICES TO LOW INCOME VERMONTERS TO ADDRESS FOOD AND FINANCIAL INSECURITY. OUR FOOD PROGRAMS STEM THE TIDE OF RISING FOOD INSECURITY FOR LOW INCOME VERMONTERS. WE OPERATE ONE OF THE LARGEST FOOD SHELVES IN THE CENTRAL VERMONT REGION, WE SERVED PREPARED MEALS AND PROVIDED HEALTHY FOOD TO HUNGRY VERMONTERS IN 8,128 VISITS. WE BREAK DOWN BARRIERS TO HEALTHY FOOD FOR RURAL VERMONTERS WITH DELIVERY TO SELECT COMMUNITY SITES, SUCH AS A PARENT CHILD/HEALTH CENTERS. OUR CHILD CARE FOOD PROGRAM, THAT HELPED 121 CHILDCARE PROVIDERS TO OFFER NUTRITIOUS MEALS TO 1,092 KIDS ON A DAILY BASIS.OUR FINANCIAL SECURITY PROGRAMS INCLUDE MICRO BUSINESS COUNSELING, TAX ASSISTANCE AND FINANCIAL COACHING. MICROBUSINESS COUNSELING ASSISTS SELF-EMPLOYED LOW-INCOME VERMONTERS IN BUSINESSES BASICS AND PLANNING. IN 2024 CAPSTONE COUNSELED 127 ENTREPRENEURS. CAPSTONE PROVIDES COMPREHENSIVE FINANCIAL COACHING THROUGH ITS SAVINGS AND CREDIT PROGRAM, HELPING INDIVIDUALS DEVELOP BUDGETS, IMPROVE CREDIT AND BUILD SAVINGS. THIS YEAR, OUR FINANCIAL COACHING PROGRAM PROVIDED 399 INDIVIDUALS EDUCATION IN HOUSEHOLD BUDGETING, DEBT REDUCTION AND CAPSTONE'S MATCHED SAVINGS PROGRAM OFFERS COMPREHENSIVE FINANCIAL LITERACY CURRICULUM AND PROVIDES EARNED INCOME IN SAVINGS ACCOUNTS WHERE THEIR EFFORTS ARE MATCHED BY 1 FOR EVERY $1 DEPOSITED, ACCRUING ASSETS FOR POST-SECONDARY EDUCATION, BUSINESS DEVELOPMENT, VEHICLE PURCHASE OR HOME OWNERSHIP. OUR TAX ASSISTANCE PROGRAM UTILIZED 29 VOLUNTEERS AND HELPED 1576 LOW INCOME VERMONTERS FILE THEIR TAXES IN 2024.HOUSING (PROSPECT FOREST):CAPSTONE PROVIDES NINE AFFORDABLE HOUSING UNITS IN TWO BUILDINGS (HUD SECTION 8) IN RANDOLPH, VERMONT CALLED PROSPECT FOREST HOMES. WORKFORCE DEVELOPMENT (CKA):CAPSTONE'S COMMUNITY KITCHEN ACADEMY (CKA) OFFERS LOW INCOME VERMONTERS TRAINING FOR A CULINARY CAREER. STUDENTS ATTEND COURSES TO LEARN BASIC CULINARY SKILLS, FOOD SERVICE AND SAFETY, AND GENERAL JOB SKILLS, 8 PEOPLE GRADUATED FROM CKA. TRANSPORTATION AND CLIMATE IMPACT:OUR TRANSPORTATION AND CLIMATE PROGRAMS CONTINUES TO EXPAND CONSIDERABLY IN NEW AND EXCITING DIRECTIONS. OUR MILEAGE SMART PROGRAM PROVIDES GRANTS OF UP TO $5,000 FOR COMMUNITY RESIDENTS TO SWITCH TO HIGH EFFICIENCY CARS. 473 VEHICLES WERE SOLD IN THE MILEAGE SMART PROGRAM AND VERMONTERS ARE NOW DRIVING A GAS HYBRID OR ELECTRIC VEHICLE PURCHASED USED FROM A LOCAL CAR DEALER. OUR GREEN SAVING SMART PROGRAM HELPED 29 VERMONTERS REDUCE ENERGY COSTS. OTHER ACCOMPLISHMENTS:CAPSTONE WAS FRONT AND CENTER HELPING COMMUNITIES IMPACTED BY THE FLOODING OF JULY 2024. CAPSTONE WORKED WITH COMMUNITY PARTNERS AND THE PREVIOUSLY ESTABLISHED MAIN STREET FUND WHICH RAISED AND DISTRIBUTED OVER $258,965 TO SMALL VERMONT BUSINESSES IMPACTED BY THE FLOOD. CAPSTONE WAS ALSO SELECTED BY THE STATE TO BE THE VERMONT DISASTER LONG TERM CASE MANAGEMENT LEADER. CAPSTONE IS PART OF THE 8 PERSON TEAM SUPPORTING THE VERMONT FLOOD SURVIVORS REQUIRING LONG TERM HELP TO RESOLVE THEIR CASES. IN 2024, CAPSTONE ALSO BECAME THE FINANCIAL SPONSOR FOR THE PLAINFIELD RECOVERY FUND ENSURING DONOR SUPPORT WOULD BE AVAILABLE FOR RESIDENTS WHO SUFFERED RECORD LOSSES IN THE JULY 2024 FLOODS. TOTAL NUMBERS SERVED BY CAPSTONE:10,250 INDIVIDUALS IN 6,531 HOUSEHOLDS. 6437335 3357638 195429 25092557 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 377 0 1 213 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VT X COLLEEN LAFONT 8024791053 20 GABLE PLACE BARRE VT 05641 GINA AKLEY PRIVATE SECTOR REPRESENTAT 1.00 X 0 0 0 JON VALSANGIACOMO CHAIR 1.00 X X 0 0 0 KAREN LOWRY REED PRIVATE SECTOR REPRESENTAT 1.00 X 0 0 0 JANET JANSEN MURRAY PRIVATE SECTOR REPRESENTAT 1.00 X 0 0 0 ABBY WHITE VICE CHAIR 1.00 X X 0 0 0 JOHN TIGHE PARTICIPANT SECTOR REPRESE 1.00 X 0 0 0 NICK KRAMER TREASURER 1.00 X X 0 0 0 BARBARA MILLER PARTICIPANT SECTOR REPRESE 1.00 X 0 0 0 MICHAEL GIAMMUSSO PRIVATE SECTOR REPRESENTAT 1.00 X 0 0 0 MOLLY MCFAUN PARTICIPANT SECTOR REPRESE 1.00 X 0 0 0 REBECCA CLARKE PARTICIPANT SECTOR REPRESE 1.00 X 0 0 0 THOMAS GIVEN PARTICIPANT SECTOR REPRESE 1.00 X 0 0 0 KATHERINE LAMELL PARTICIPANT SECTOR REPRESE 1.00 X 0 0 0 ROBERT MASON PARTICIPANT SECTOR REPRESE 1.00 X 0 0 0 COLLEEN LAFONT CHIEF FINANCIAL OFFICER 40.00 X 112549 0 4946 SUSAN MINTER EXECUTIVE DIRECTOR 40.00 X 130197 0 26644 SARAH MCMULLEN CHIEF OF OPERATIONS 40.00 X 114691 0 4514 PHILIP CECCHINI WX INTERIM DIRECTOR & AGENCY DATA DIRECTOR 40.00 X 123753 0 5733 PAUL ZABRISKIE WEATHERIZATION AND CLIMATE 40.00 X 125109 0 3681 CHRISTY SWENSON HEAD START DIRECTOR 40.00 X 108658 0 12912 RANDY DRURY 3E THERMAL PROGRAM DIRECTOR 40.00 X 127801 0 5052 842758 0 63482 21 0 0 0 SAFFORD'S HOME HEATING INC 30 CHENEY ROAD BARRE VT 05641 WX SUBCONTRACTOR 238196 CHAMPLAIN HOUSING TRUST INC 88 KING ST BURLINGTON VT 05401 3E OWNER INCENTIVES 208307 VTC TECH 2 CHAMPLAIN COMMONS ST ALBANS CITY VT 05478 IT 200662 JOHN M FARRELL 636 V ROUTE 110 CHELSEA VT 05038 WX SUBCONTRACTOR 195435 MANOSH PROPERTIES 120 NORTHGATE PLAZA MORRISVILLE VT 05661 PROPERTY RENTAL 193200 5 23701268 3958691 27659959 WEATHERIZATION 230000 481121 481121 EARLY CHILDHOOD & FAMILY DEVELOPM 624200 247454 247454 HOUSING RENTALS 624200 121260 121260 COMMUNITY ECONOMIC DEVELOPMENT 624200 7900 7900 66269 66269 924004 102823 102823 10331 -10331 -10331 -10331 28676455 924004 0 92492 9255707 9255707 903032 501094 401938 9859739 8627188 1169420 63131 322140 273218 47032 1890 2037060 1720720 304115 12225 913262 774569 133336 5357 54553 54553 66630 66630 99515 5405 94110 1144641 1021931 122710 261100 240548 20329 223 19735 15807 3928 69761 69761 278786 278786 121244 65628 55616 CONTRACTUAL 1080301 978320 101429 552 OTHER 974852 914620 48979 11253 SUPPLIES 481347 150184 327514 3649 TELEPHONE 133184 115923 17261 107976 83148 24034 794 28184565 25092557 2992934 99074 4584727 5825263 1850849 1947659 520555 342291 285489 404417 327750 190826 9030390 4050914 5170979 4979476 75079 57005 1008522 819807 13823950 14566744 1591123 1891086 168133 306653 2000375 2000896 1005866 817766 4765497 5016401 X 6549722 7175491 2508731 2374852 9058453 9550343 13823950 14566744 491890 0 X 0 1 X 1 1 1 X 14689205 17284415 19521724 25630795 27659959 104786098 14689205 17284415 19521724 25630795 27659959 104786098 104786098 11318 5808 7657 59203 102823 186809 104972907 0.99820 0.99880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 225221 225221 7632609 3340969 4291640 1172560 709945 462615 4979476 LOAN ORIGINATION FEES 2561 OTHER 3075 RIGHT OF USE ASSET 814171 819807 SECURITY DEPOSITS 3595 RIGHT OF USE LIABILITY 814171 817766 X 29529420 852965 852965 28676455 0 28676455 29037530 852965 852965 28184565 0 28184565 PART X, LINE 2: ACCOUNTING STANDARDS CODIFICATION NO. 740, "ACCOUNTING FOR INCOME TAXES," ESTABLISHED THE MINIMUM THRESHOLD FOR RECOGNIZING, AND A SYSTEM FOR MEASURING, THE BENEFITS OF TAX RETURN POSITIONS IN FINANCIAL STATEMENTS. CAPSTONE HAS ANALYZED THE ORGANIZATION'S TAX POSITION TAKEN ON ITS INCOME TAX RETURNS FOR THE PREVIOUS THREE TAX YEARS, FOR THE PURPOSES OF IMPLEMENTATION, AND HAS CONCLUDED THAT NO ADDITIONAL PROVISION FOR INCOME TAXES IS NECESSARY IN CAPSTONE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: IN-KIND RENT PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND RENT 0 BREAKFAST AND LUNCH FOR CHILDREN IN DAYCARE HOMES 1092 676696 CHILDCARE REIMBURSEMENTS 28 233941 EMERGENCY FUEL AND OTHER ASSISTANCE 7125 1356784 WEATHERIZATION ASSISTANCE TO LOW INCOME INDIVIDUALS 863 4271063 MILEAGE SMART VEHICLE PURCHASE 473 2458258 FLOOD ASSISTANCE TO BUSINESSES 104 258965 0 0 0 0 0 0 0 0 0 SUSAN MINTER EXECUTIVE DIRECTOR 130197 0 0 0 0 0 0 0 26644 0 156841 0 0 0 X 5 32285 FAIR MARKET VALUE X 1 97282 VERMONT FOODBANK 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD OF DIRECTORS RECEIVES A DRAFT COPY OF THE 990 AND REVIEWS IT DURING THE MEETING WITH THE DIRECTOR OF FINANCE. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST IS UPDATED AND SIGNED BY EACH BOARD MEMBER ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A A COMMITTEE RESEARCHES COMPENSATION FOR SIMILAR POSITIONS IN THE LOCAL AREA AND REPORTS TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.