Community Housing Of Maine Inc

Organization Overview

Community Housing Of Maine Inc is located in Portland, ME. The organization was established in 1994. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2020, Community Housing Of Maine Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Community Housing Of Maine Inc generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION DEVELOPS AND PROVIDES HOUSING FOR LOW INCOME AND DISADVANTAGED INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION DEVELOPS AND MANAGES LOW INCOME HOUSING FOR DISADVANTAGED INDIVIDUALS IN THE STATE OF MAINE.


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Board, Officers & Key Employees

Name (title)Compensation
Cullen Ryan
Executive Director
$122,826
James Gwilym
Chief Financial Officer
$43,878
Chip Newell
Treasurer
$0
Gunnar Hubbard
Secretary
$0
Aaron Shapiro
President
$0
Kim Twitchell
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Davenport Enterprises Llc
Maintenance
$160,617
John's General Contracting
Construction
$115,065
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,091,508
All other contributions, gifts, grants, and similar amounts not included above$31,599
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,123,107
Total Program Service Revenue$1,996,607
Investment income $22,967
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $27,186
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,169,867

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Community Housing Of Maine Inc has recieved totaling $15,000.

Awarding OrganizationAmount
Bowdoin Apartments Corp

Malden, MA

PURPOSE: PROGRAM SUPPORT

$15,000
View Grant Recipient Profile

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