Vermont · Nonprofit
DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC
DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC (Vermont) receives grants from 17 organizations whose IRS filings report $4,857,683 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,300,362). 9 of them have funded it in more than one year.
- Revenue FY2024
- $10M
- Funders on record
- 17
- Grants received
- $4.9M
- Net assets
- $17M
What Downstreet Housing and Community Development Inc does
Mission
Downstreet strengthens the communities of central vermont by engaging with people, providing affordable homes, and connecting people to the resources and services they need to thrive.
As stated on its FY2024 Form 990.
Programs
Property management - accounts for the services provided to other properties in which downstreet is an investor.
$2,125,177 spentof which $90,000 as grants$1,380,710 earned by the program27% of program spendingProperty 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.
$1,419,544 spent$1,008,651 earned by the program18% of program spendingHomeownership - accounts for the activities of downstreet's homeownership center.
$2,433,942 spentof which $1,897,209 as grants$40,125 earned by the program31% of program spendingProject development - accounts for all operations of downstreet for rehabilitation and development of affordable housing.
$1,909,456 spentof which $1,453,808 as grants$532,961 earned by the program24% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,888,119.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $19M to $23M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 14% · 2018 16% · 2019 20% · 2020 32% · 2021 30% · 2022 40% · 2023 46% · 2024 57%. Grants only. Government contracts and fees sit inside program revenue.
70% of DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 8 funders, grant income rose $130k → $622k.
4 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC leans on a few funders — its largest provides 68% of grant income and the top three 82%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 98% · 2020 94% · 2021 82% · 2022 57% · 2023 77% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
80% of DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC draws 90% of its grant income from funders outside Vermont, across 7 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $901k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC holds deeper cash reserves than three-quarters of the 817 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024
Government funding DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $750k on record.
- Department of Housing and Urban Development$750k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Vermont
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 21 related entities
- Mrm Holdings LLC · disregarded
- Hubbard Street LLC · disregarded
- Barre Street Apartments LP · partnership
- Bianchi-Hebert LP · partnership
- Chase Block LP · partnership
Screen this organization
A dated, signed PDF of the compliance screen for DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC?
- DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC (Vermont) receives grants from 17 organizations whose IRS filings report $4,857,683 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,300,362). 9 of them have funded it in more than one year.
- How many funders does DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC have?
- IRS filings report 17 organizations giving $4,857,683 in grants to DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC, 9 of which have funded it in more than one year.
- Who is the largest funder of DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $3,300,362 in grants. The full list of funders is on this page.
- How can an organization like DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing