John F Murphy No 1 Corp is located in Auburn, ME. The organization was established in 1991. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. John F Murphy No 1 Corp 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 03/2024, John F Murphy No 1 Corp generated $112.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $94.0k during the year ending 03/2024. While expenses have increased by 3.5% per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW INCOME RENTAL HOUSING TO DISABLED ADULTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John D Clifford V Director | 0.7 | $0 | |
Deana Kane Director | 0.7 | $0 | |
Chris Crowley Director | 0.7 | $0 | |
Michael Drouin Director | 0.7 | $0 | |
M Suzanne Tymoczko Director | 0.7 | $0 | |
John D Clifford IV Director | 0.7 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,097 |
Total Program Service Revenue | $31,623 |
Membership dues | $0 |
Investment income | $300 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $112,020 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,279 |
Professional fees and other payments to independent contractors | $6,201 |
Occupancy, rent, utilities, and maintenance | $62,246 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $235 |
Total expenses | $93,961 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $161,469 |
Other assets | $0 |
Total assets | $354,443 |
Total liabilities | $34,995 |
Net assets or fund balances | $319,448 |