Cmrs Iv Inc

Organization Overview

Cmrs Iv Inc is located in Manchester, NH. The organization was established in 1994. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Cmrs Iv Inc 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 06/2023, Cmrs Iv Inc generated $171.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $159.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF CMRS IV, INC. IS TO DEVELOP AND MANAGE AFFORDABLE HOUSING FOR PEOPLE WITH DISABILITIES WHO ARE LOW AND MODERATE INCOME SO THEY CAN BE ACTIVE MEMBERS OF THEIR COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES RELATING TO THE OPERATION OF THE FOREST AVENUE APARTMENTS, A HUD SUBSIDIZED APARTMENT COMPLEX IN PORTLAND, MAINE, THE OCCUPANCY OF WHICH IS RESTRICTED TO THE PEOPLE WITH DISABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Edward Olney
President & CEO
$0
James C Piet
Chair
$0
Jane Bergeron
Vice Chair
$0
Ethan Arnold
Treasurer
$0
Craig Beck
Director
$0
Peggy Scott
Director
$0

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$171,154
Investment income $37
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 $171,191

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