Howland Housing Corporation is located in Howland, ME. The organization was established in 1978. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Howland Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Howland Housing Corporation generated $116.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $122.1k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY. THE PROJECT IS FINANCED BY THE MAINE STATE HOUSING AUTHORITY UTILIZING FUNDS FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Buck Vice President | 1 | $0 | |
Richard Buck Treasurer/secretary | 1 | $0 | |
Joan Sage President | 1 | $0 | |
William Gardner Director | 1 | $0 | |
Stacey Perry Director | 1 | $0 | |
Tami Colbath Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $116,545 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,578 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,634 |
| Professional fees and other payments to independent contractors | $3,000 |
| Occupancy, rent, utilities, and maintenance | $56,878 |
| Printing, publications, postage, and shipping | $1,433 |
| Other expenses | $16,120 |
| Total expenses | $122,065 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,945 |
| Other assets | $0 |
| Total assets | $106,589 |
| Total liabilities | $5,939 |
| Net assets or fund balances | $100,650 |