Lewiston-Auburn Area Housing Development Corporation

Organization Overview

Lewiston-Auburn Area Housing Development Corporation is located in Lewiston, ME. The organization was established in 1992. 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. Lewiston-Auburn Area Housing Development Corporation 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, Lewiston-Auburn Area Housing Development Corporation generated $336.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $798.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ORGANIZE, DEVELOP, AND FINANCIALLY ASSIST OR MANAGE PROJECTS, PROGRAMS, AND SERVICES PROVIDING AFFORDABLE HOME OWNERSHIP OR RENTALS TO LOW INCOME, ELDERLY, AND/OR HANDICAPPED INDIVIDUALS AND FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOW INCOME HOUSING AT 292 BATES ST., 30 RIVER ST., AND 31 RIVER ST. IN LEWISTON, MAINE. DEVELOPED IN COOPERATION WITH LEWISTON HOUSING AUTHORITY, THE CORPORATION HAS 24 UNITS OF LOW INCOME HOUSING.


LAAHDC PROVIDES OFFICE SPACE FOR PROGRAMS OPERATED BY NON-PROFIT PROGRAMS AND COMMUNITY ORGANIZATIONS. THE FIRST FLOOR OF 292 BATES STREET IS USED FOR VARIOUS COMMUNITY FUNCTIONS, INCLUDING COMMUNITY POLICE FUNCTIONS. THE KITCHEN IS USED BY PROMISE EARLY EDUCATION CENTERFORMERLY ANDROSSCOGIN HEAD START TO PREPARE MEALS FOFR ITS CHILD SERVICE PROGRAMS.


LEWISTON-AUBURN ALLIANCE FOR SERVICE TO THE HOMELESSLASH IS A SECURITY DEPOSIT LOAN PROGRAM. 14 LOANS WERE MADE AND REPAYMENTS COLLECTED.


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Board, Officers & Key Employees

Name (title)Compensation
Marc Pellerin
President
$0
Jon Hussey
Vice President
$0
Christopher Kilmurry
Treasurer
$0
Travis Heynen
Secretary
$0
Azenaide Pedro
Director
$0
Craig Saddlemire
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $30,391
All other contributions, gifts, grants, and similar amounts not included above$34,089
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$64,480
Total Program Service Revenue$252,089
Investment income $0
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 $336,271

Peer Organizations

Organization NameAssets
Avesta Housing Management Corporation
Portland, ME
$9,393,648
State Street Housing Preservation Corporation
Portland, ME
$3,547,494
Monadnock Affordable Housing Corporation
Keene, NH
$5,603,339
Affordable Housing Education And Development Inc
Littleton, NH
$3,587,492
Bath Housing Development Corporation
Bath, ME
$3,223,929
Bartlett Woods Inc
Rockland, ME
$2,728,291
Housing Foundation
Orono, ME
$2,895,028
Manchester Neighborhood Housing Services Inc
Manchester, NH
$3,471,294
Habitat For Humanity York County
Kennebunk, ME
$2,878,715
Four Directions Development Corporation
Orono, ME
$2,551,410
Laconia Area Community Land Trust
Laconia, NH
$3,001,373
Habitat For Humanity Of Greater Portland Inc
Portland, ME
$1,824,641
Community Concepts Finance Corp
Lewiston, ME
$1,681,821
Housing Foundation Phase 1 & 2
Orono, ME
$2,144,243
Alliance Asset Management Inc
Concord, NH
$1,644,393
Habitat For Humanity International Inc
Rockport, ME
$1,704,074
Concord Area Trust For Community Housing
Concord, NH
$1,584,209
Freeport Housing Trust Inc
Freeport, ME
$1,434,260
Old Town Residential Services Corporation
Old Town, ME
$970,612
Penquis Development Inc
Bangor, ME
$1,349,299
Saco Housing Development Corp
Portland, ME
$936,693
United Pejepscot Housing Inc Pejepscot Terrace
Brunswick, ME
$1,081,458
Housing Partnership
Portsmouth, NH
$659,312
Coastal Affordable Housing
Hope, ME
$753,414
Lewiston-Auburn Area Housing Development Corporation
Lewiston, ME
$336,271

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