North Haven Sustainable Housing
- Assets
- $1.3m
- Revenue
- $315.2k
- Investments
- $0.0
- Employees
- 5
- Location
- North Haven, ME
- Founding
- 07/2006
- Data as of
- 12/2021
- EIN
- 20-3828493
Organization Overview
North Haven Sustainable Housing is located in North Haven, ME. The organization was established in 2006. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, North Haven Sustainable Housing employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Haven Sustainable Housing 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 12/2021, North Haven Sustainable Housing generated $315.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $163.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NORTH HAVEN SUSTAINABLE HOUSING IS TO PROVIDE HOUSING OPPORTUNITIES TO SUSTAIN A YEAR-ROUND ISLAND COMMUNITY ON NORTH HAVEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NHSH PROVIDES AFFORDABLE YEAR-ROUND HOUSING FOR THE YEAR-ROUND RESIDENTS OF NORTH HAVEN. NHSH HAS HOUSED SERVERAL ISLAND FAMILIES THROUGH RENOVATION AND NEW CONSTRUCTION FOR BOTH RENTAL AND HOME-OWNERSHIP, AS WELL AS CONDUCTING HOME ENERGY AUDITS AND WEATHERIZATION FOR YEAR-ROUND ISLAND HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Hallowell Executive Director | 0 | $38,115 | |
Hannah Pingree Co-President | OfficerTrustee | 4 | $0 |
Jeff Crawford Secretary | OfficerTrustee | 3 | $0 |
Joe Stone Treasurer | OfficerTrustee | 10 | $0 |
Robert Jenkens Co-President | OfficerTrustee | 4 | $0 |
Carrie Gilbert Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bruce Laukka Construction Construction | 12/30/16 | $290,724 |
Alber Righter & Tittmann Architects Architect | 12/30/16 | $214,894 |
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 | $290,688 |
| Noncash contributions included in lines 1a–1f | $50,802 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,688 |
| Total Program Service Revenue | $24,525 |
| Investment income | $24 |
| 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 | $315,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,114 |
| Compensation of current officers, directors, key employees. | $20,963 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,964 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,842 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,732 |
| Fees for services: Accounting | $4,648 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $455 |
| Advertising and promotion | $0 |
| Office expenses | $262 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,998 |
| Travel | $12 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109 |
| Interest | $10,961 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,122 |
| Insurance | $11,317 |
| All other expenses | $560 |
| Total functional expenses | $163,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,474 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $928,342 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,269,816 |
| Accounts payable and accrued expenses | $3,145 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,025 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $231,566 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $236,736 |
| Net assets without donor restrictions | $1,028,821 |
| Net assets with donor restrictions | $4,259 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,269,816 |
Grants Awarded
Over the last fiscal year, North Haven Sustainable Housing has awarded $3,138,013 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
North Haven, ME PURPOSE: FUND OPERATIONS | $3,088,013 |
North Haven, ME PURPOSE: LAND MAINTENANCE | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that North Haven Sustainable Housing has recieved totaling $56,700.
| Awarding Organization | Amount |
|---|---|
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $50,000 |
The Jebediah Foundation Boston, MA PURPOSE: CONTRIBUTION TO GENERAL | $6,200 |
Otter Island Foundation Houston, TX PURPOSE: ANNUAL FUND CAMPAIGN | $500 |
Endowment Analysis
| Beg. Balance | $19,053 |
| Earnings | $2 |
| Net Contributions | $47,862 |
| Other Expense | $3,010 |
| Grants | $44,500 |
| Ending Balance | $19,407 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caring Families Inc Portland, ME | $2,183,456 | $4,430,513 |
Greater Brunswick Housing Corporation Brunswick, ME | $11,831,820 | $3,161,972 |
Habitat For Humanity International Inc Portsmouth, NH | $1,729,669 | $1,174,043 |
Habitat For Humanity International Inc Plymouth, NH | $1,886,611 | $925,959 |
Belmont Elderly Housing Inc Concord, NH | $1,640,108 | $469,467 |
Habitat For Humanity International Inc Topsham, ME | $1,185,536 | $610,759 |
Maine Housing And Building Materials Exchange Sabattus, ME | $648,887 | $277,776 |
Habitat For Humanity International Inc Hollis, NH | $1,415,374 | $379,634 |
Eastport Non-Profit Housing Corp Eastport, ME | $736,370 | $225,636 |
Cmrs Iv Inc Greenfield, NH | $466,235 | $178,234 |
Ingraham Housing Corporation Inc South Portland, ME | $1,642,948 | $195,278 |
Mattawamkeag Housing Corp Bangor, ME | $527,877 | $171,156 |