Housing Foundation is located in Orono, ME. The organization was established in 1969. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Housing Foundation 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 06/2024, Housing Foundation generated $66.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $59.7k during the year ending 06/2024. While expenses have increased by 4.2% per year over the past 4 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
THE ORGANIZATION DEVELOPS AND LEASES A GROUP HOME FOR COMMUNITY HEALTH AND COUNSELING SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Bicknell Vice-President | 0.5 | $0 | |
Lynne Spooner Treasurer | 0.5 | $0 | |
Patty Kenny Secretary | 0.5 | $0 | |
Dick Rollins Director | 0.5 | $0 | |
Kerry Sack Director | 0.5 | $0 | |
John Mccormack President | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $66,500 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $27 |
Total Revenue | $66,527 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,770 |
Professional fees and other payments to independent contractors | $615 |
Occupancy, rent, utilities, and maintenance | $22,249 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,099 |
Total expenses | $59,733 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,375 |
Other assets | $0 |
Total assets | $224,380 |
Total liabilities | $57,010 |
Net assets or fund balances | $167,370 |