Sunrise Residence Inc
- Assets
- $161.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Machias, ME
- Founding
- 11/1983
- EIN
- 22-2478230
Organization Overview
Sunrise Residence Inc is located in Machias, ME. The organization was established in 1983. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Sunrise Residence Inc 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 undefined, Sunrise Residence Inc generated $197.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $151.3k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
SUNRISE RESIDENCE OPERATES A 12 UNIT HOUSING COMPLEX WHICH PROVIDES RESIDENTIAL SERVICES TO ADULTS WITH DISABILITIES IN MACHIAS, MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Jenkins Vice President | 1 | $0 | |
Bill Cody President | 1 | $0 | |
Patricia Sammer Sectreas | 1 | $0 | |
Thomas Michaud Jr Exec Dir | 1 | $0 | |
M Todd Smith Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $196,954 |
| Membership dues | $0 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $197,020 |
| Statement of Expenses | |
|---|---|
| Total expenses | $151,300 |
| Balance Sheet | |
|---|---|
| Total assets | $161,838 |
| Total liabilities | $203,714 |
| Net assets or fund balances | -$41,876 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avesta Housing Management Corporation Portland, ME | $3,765,380 | $8,258,375 |
State Street Housing Preservation Corporation Portland, ME | $24,631,700 | $3,259,892 |
Monadnock Affordable Housing Corporation Keene, NH | $28,241,880 | $6,742,174 |
Affordable Housing Education And Development Inc Littleton, NH | $9,970,385 | $3,045,198 |
Bartlett Woods Inc Rockland, ME | $6,101,412 | $2,284,525 |
Housing Foundation Orono, ME | $3,133,048 | $2,829,758 |
Manchester Neighborhood Housing Services Inc Manchester, NH | $9,007,199 | $1,551,770 |
Laconia Area Community Land Trust Laconia, NH | $15,899,939 | $3,154,056 |
Bath Housing Development Corporation Bath, ME | $12,708,509 | $6,289,688 |
Housing Foundation Phase 1 & 2 Orono, ME | $5,226,993 | $1,967,341 |
Habitat For Humanity Of Greater Portland Inc Portland, ME | $4,759,457 | $2,582,640 |
Community Concepts Finance Corp Lewiston, ME | $13,201,299 | $1,637,763 |