Island Housing Trust Corporation
TO OWN AND LEASE LAND FOR THE PURPOSE OF DEVELOPING, BUILDING AND MAINTAINING AFFORDABLE HOUSING ON MARTHA'S VINEYARD, MASSACHUSETTS.
Key facts about Island Housing Trust Corporation
- EIN
- 02-0549245
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $400,000
- Grants made (2024)
- 1
- Average grant
- $400,000
- Median grant
- $400,000
- Total assets
- $46,644,818
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Next steps with Island Housing Trust Corporation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$46.6M
+16.7% YoY
Annual Giving
$400K
Grant Count
1
Avg Grant Size
$400K
About Island Housing Trust Corporation
Based on IRS filings
Island Housing Trust Corporation is a nonprofit organization focused on Housing & Shelter, based in West Tisbury, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46.6M in total assets. In 2024, it awarded 1 grant totaling $400K. Net investment income was $135K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $46,644,818 | $39,963,181 | $36,550,950 |
| Revenue | $10,071,962 | $5,790,854 | $5,890,388 |
| Expenses | $5,121,979 | $4,383,899 | $3,058,527 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $135,369 | $113,738 | $202,144 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Island Autism Group Inc ($400,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ISLAND AUTISM GROUP INC Edgartown, MA | CONTINUING DEVELOPMENT OF CAMPUS | $400,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Pamela Craven | President | 2 | — |
| John Schaefer | Vice President | 2 | — |
| Doug Ruskin | Clerk (Until 3/24) | 1 | — |
| James Hanrahan | Director/Clerk (As of 3/24) | 2 | — |
| Norman Werthwein | Treasurer | 2 | — |
| Bob Egerton | Vice Treasurer | 2 | — |
| Barbara Bellissimo | Director | 1 | — |
| Beverly Wright | Director | 1 | — |
| Delos Lander | Director | 1 | — |
| Jane Hawkes | Director | 1 | — |
| Jason Mazar-Kelly | Director | 1 | — |
| Karen Tewhey | Director | 1 | — |
| Lisa Berkower | Director | 1 | — |
| Victoria Haeselbarth | Director | 1 | — |
| Wendy Wolf | Director (Until 3/24) | 1 | — |
| Philippe Jordi | Executive Director | 40 | $168,203 |
| Terese Bernert | Director of Real Estate | 40 | $123,528 |
| Keith McGuire | Project Development Director | 40 | $120,703 |
| Ellen Biskis | Controller | 40 | $117,650 |
| Breeze Tonnesen | COO & Communications Director | 37.5 | $116,782 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Island Housing Trust Corporation?
Island Housing Trust Corporation is a nonprofit organization focused on Housing & Shelter, based in West Tisbury, MA. It holds $46.6M in total assets as of 2024.
How large is Island Housing Trust Corporation?
As of 2024, Island Housing Trust Corporation holds $46.6M in total assets with $10.1M in annual revenue. It awarded 1 grant totaling $400K in 2024.
Where does Island Housing Trust Corporation operate?
Island Housing Trust Corporation has awarded grants in Massachusetts.
What size grants does Island Housing Trust Corporation award?
In 2024, Island Housing Trust Corporation awarded 1 grant totaling $400K — an average of about $400K per grant, based on its IRS Form 990 filings.
What is Island Housing Trust Corporation's EIN?
Island Housing Trust Corporation's EIN (Employer Identification Number) is 02-0549245. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.