Mexico Senior Housing Corporation is located in Mexico, ME. The organization was established in 1976. 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. Mexico Senior Housing Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Mexico Senior Housing Corporation generated $160.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $170.4k during the year ending 12/2023. While expenses have increased by 3.5% 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
OPERATION OF A 25 UNIT SENIOR HOUSING FACILITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Gould Director | 2 | $0 | |
Beverly Cantin Director | 2 | $0 | |
Izzie Radfor-Nash Director | 2 | $0 | |
Walter Hammond Director | 2 | $0 | |
Timothy Kelcourse President | 4 | $0 | |
Rich Allen Vice-President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $160,123 |
| Membership dues | $0 |
| Investment income | $84 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,207 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,259 |
| Professional fees and other payments to independent contractors | $3,675 |
| Occupancy, rent, utilities, and maintenance | $117,754 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,744 |
| Total expenses | $170,432 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,686 |
| Other assets | $0 |
| Total assets | $283,875 |
| Total liabilities | $104,011 |
| Net assets or fund balances | $179,864 |