Hodgdon Housing For The Elderly
- Assets
- $371.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hodgdon, ME
- Founding
- 07/1988
- Data as of
- 12/2023
- EIN
- 01-0354634
Organization Overview
Hodgdon Housing For The Elderly is located in Hodgdon, ME. The organization was established in 1988. 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. Hodgdon Housing For The Elderly 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 12/2023, Hodgdon Housing For The Elderly generated $179.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $154.9k during the year ending 12/2023. While expenses have increased by 3.7% 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
TO OFFER AFFORDABLE HOUSING TO THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Fitzpatrick President | 1 | $0 | |
Elwood Scott Vice Preside | 1 | $0 | |
Debbie Henderson Secretary/tr | 1 | $0 | |
Bruce Folsom Director | 1 | $0 | |
Clayton Quint III Director | 1 | $0 | |
David Mcgillicuddy Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $178,115 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,641 |
| Total Revenue | $179,760 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,689 |
| Occupancy, rent, utilities, and maintenance | $22,203 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $119,039 |
| Total expenses | $154,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,374 |
| Other assets | $0 |
| Total assets | $371,269 |
| Total liabilities | $244,414 |
| Net assets or fund balances | $126,855 |