Local Solutions
- Assets
- $164.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bar Harbor, ME
- Founding
- 10/1990
- Data as of
- 06/2022
- EIN
- 22-2582318
Organization Overview
Local Solutions is located in Bar Harbor, ME. The organization was established in 1990. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Solutions 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, Local Solutions generated $27.3k 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 (11.1%) each year. All expenses for the organization totaled $10.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (35.1%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ENSURE A STABLE, LONG-TERM HOUSING SOLUTION FOR SPECIAL NEEDS ADULTS, ONE THAT ENABLES THEM TO LIVE WITH SUPPORT, BUT AS INDEPENDENTLY AS HE OR SHE IS ABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Knopp Vp/treasurer | 0 | $0 | |
Roberta Raymond Secretary | 0 | $0 | |
Dee Karnofsky President | 0 | $0 | |
Enoch Albert Trustee | 0 | $0 | |
Erica Merrill Trustee | 0 | $0 | |
Carmen Sanford Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,233 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,262 |
| 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 | $4,268 |
| Occupancy, rent, utilities, and maintenance | $669 |
| Printing, publications, postage, and shipping | $924 |
| Other expenses | $4,991 |
| Total expenses | $10,852 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,660 |
| Other assets | $0 |
| Total assets | $164,660 |
| Total liabilities | $0 |
| Net assets or fund balances | $164,660 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Local Solutions has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Ua Jansing Cook Foundation Greensboro, NC PURPOSE: GENERAL OPERATIONS | $5,000 |
The Bradford Todd Fleck Foundation Wilmington, DE PURPOSE: PARISH HOUSE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Will Home Association Hinckley, ME | $26,883,992 | $5,842,955 |
Mobius Inc Damariscotta, ME | $5,251,239 | $7,303,143 |
Commonsense Housing Inc Eddington, ME | $1,584,951 | $3,519,580 |
Yesterdays Children Inc Ellsworth, ME | $1,571,199 | $3,366,692 |
Webster House Manchester, NH | $8,150,133 | $1,936,262 |
St Marys Residence Lewiston, ME | $3,490,165 | $1,858,369 |
Rumford Group Home Inc Rumford, ME | $5,150,241 | $1,248,152 |
St Andre Home Inc Bangor, ME | $4,523,939 | $454,432 |
Maine Resource Development Corp Windham, ME | $121,156 | $739,250 |
Four Winds Community Temple, NH | $1,063,184 | $686,372 |
Perfect Peace Inc Jaffrey, NH | $109,662 | $508,849 |
Park Street Home West Paris, ME | -$15,083 | $260,383 |