Housing Foundation
- Assets
- $241.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orono, ME
- Founding
- 11/1969
- Data as of
- 06/2022
- EIN
- 22-3332150
Organization Overview
Housing Foundation is located in Orono, ME. The organization was established in 1969. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Housing Foundation 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 06/2022, Housing Foundation generated $63.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $53.7k during the year ending 06/2022. While expenses have increased by 0.3% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION DEVELOPS AND LEASES A GROUP HOME FOR COMMUNITY HEALTH AND COUNSELING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Bicknell Vice-President | 0.5 | $0 | |
Lynne Spooner Treasurer | 0.5 | $0 | |
Patty Kenny Secretary | 0.5 | $0 | |
Dick Rollins Director | 0.5 | $0 | |
John Mccormack President | 0.5 | $0 | |
Duska Hayman Executive Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $63,600 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18 |
| Total Revenue | $63,618 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,988 |
| Professional fees and other payments to independent contractors | $360 |
| Occupancy, rent, utilities, and maintenance | $17,193 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,154 |
| Total expenses | $53,695 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,529 |
| Other assets | $0 |
| Total assets | $241,454 |
| Total liabilities | $85,813 |
| Net assets or fund balances | $155,641 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scott-Farrar Home Peterborough, NH | $20,723,129 | $5,884,459 |
Housing Initiatives Of New England Scarborough, ME | $75,729,157 | $7,030,512 |
Maine Childrens Home For Little Wanderers Waterville, ME | $10,545,636 | $2,193,841 |
Sunset Home Of Waterville Waterville, ME | $4,930,472 | $1,213,305 |
Cei Housing Inc Brunswick, ME | $2,587,340 | $825,661 |
Crisis Center Of Central New Hampshire Concord, NH | $825,782 | $928,604 |
Hancock County Homes Foundation Ellsworth, ME | $1,528,547 | $695,890 |
Deborah Lincoln House Belfast, ME | $4,817,279 | $222,148 |
Courtyard Affordable Housing Corp Augusta, ME | $3,165,101 | $653,150 |
Mary A Sweeney Home Nashua, NH | $8,455,342 | $717,868 |
St Francis Apartments Inc Portland, ME | $5,671,738 | $324,501 |
Cmrs Ii Manchester, NH | $0 | $1,532,689 |