St Albans Housing Corporation

Organization Overview

St Albans Housing Corporation is located in Bangor, ME. The organization was established in 1976. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. St Albans 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 12/2021, St Albans Housing Corporation generated $127.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $145.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SAFE, CLEAN AND DECENT HOUSING TO LOW INCOME ELDERLY PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ST. ALBANS HOUSING CORPORATION IS A LOW-INCOME HOUSING PROJECT WITH 16 UNITS. THESE UNITS ARE SUBSIDIZED BY RURAL DEVELOPMENT BASED ON TENANT INCOME LEVELS.


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Board, Officers & Key Employees

Name (title)Compensation
Allen Fisher
Vice Preside
$0
Harry Bridge
President
$0
Michael Wiers
Secretary
$0
Jim Thorne
Treasurer
$0
Tiffany Dodge
Director
$0
Brian Bowman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$125,478
Investment income $399
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $127,033

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