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EIN 85-1409438

Evernorth

IRS 501(c) type
501(c)(3)
Num. employees
55
City
Burlington
State
Vermont
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
L21: Public Housing Facilities
Description
Evernorth produces permanently affordable housing and enables investments in economic and community development through partnerships with communities and the private sector. The organization fosters low-income housing, prevents community deterioration, and rehabilitates affordable housing as provided in internal revenue service revenue procedure 96-32 (including specific details).
Total revenues
$9,285,260
2022
Total expenses
$8,351,216
2022
Total assets
$25,975,172
2022
Num. employees
55
2022

Program areas at Evernorth

Fostering low-income housing, and community development, alleviation and preventation of community deterioration through the production and rehabilitation of affordable housing as provided in internal revenue service revenue procedure 96-32 (inluding specifically the requirements that must be satisfied to qualify under the safe harbor of "facts and circumstances" tests).

Who funds Evernorth

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Nathan Cummings FoundationGeneral Support$10,000

Personnel at Evernorth

NameTitleCompensation
Amy DemetrowitzBoard Member$0
Eric SchmittChief Operating Officer$157,306
Janet SpitlerChief Financial Officer$163,065
Cynthia LacasseExecutive Vice President and Chief Program Officer
Beth BoutinVice President - Community Investments
...and 34 more key personnel

Financials for Evernorth

RevenuesFYE 12/2022
Total grants, contributions, etc.$114,000
Program services$8,887,520
Investment income and dividends$179,291
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$82,119
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$22,330
Total revenues$9,285,260

Form 990s for Evernorth

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-10990View PDF
2020-122021-11-09990EZView PDF
Data update history
September 21, 2024
Updated personnel
Identified 7 new personnel
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Nathan Cummings Foundation
December 28, 2023
Used new vendors
Identified 2 new vendors, including , and
July 18, 2023
Posted financials
Added Form 990EZ for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
LobbyingPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
100 Bank St 400
Burlington, VT 05401
Metro area
Burlington-South Burlington, VT
County
Chittenden County, VT
Website URL
evernorthus.org/ 
Phone
(802) 863-8424
IRS details
EIN
85-1409438
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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