Union Corporation For Better Housing
- Assets
- $134.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Union, ME
- Founding
- 03/1972
- Data as of
- 12/2021
- EIN
- 23-7169049
Organization Overview
Union Corporation For Better Housing is located in Union, ME. The organization was established in 1972. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Union Corporation For Better 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, Union Corporation For Better Housing generated $61.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $57.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
LOW-INCOME HOUSING COMPLEX
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Wentworth Treasurer | 0 | $0 | |
William Pagnano Secretary | 0 | $0 | |
Ronald Hawes Secretary | 0 | $0 | |
Jeff Nims Director | 0 | $0 | |
Connie Day Director | 0 | $0 | |
Irene Hawes Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,532 |
| Total Program Service Revenue | $38,944 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11 |
| Total Revenue | $61,487 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $1,113 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,207 |
| Total expenses | $57,270 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,810 |
| Other assets | $0 |
| Total assets | $134,635 |
| Total liabilities | $9,921 |
| Net assets or fund balances | $124,714 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seventy-Five State Street Portland, ME | $13,728,048 | $7,315,171 |
Jha Assisted Living Inc Portland, ME | $14,866,848 | $7,038,080 |
Baldwin Senoir Living Londonderry, NH | $22,001,012 | $0 |
Franklin Home For The Aged Association Franklin, NH | $22,009,472 | $3,298,443 |
Bangor Housing Development Corporation Bangor, ME | $11,349,927 | $2,567,289 |
Phillips-Strickland House Corporation Bangor, ME | $8,449,494 | $2,117,015 |
Maple Grove Elderly Housing Corporation Portland, ME | $8,726,293 | $2,128,968 |
Sarah Frye Home Auburn, ME | $1,615,102 | $1,421,566 |
Visions For Creative Housing Solutions Enfield, NH | $5,549,521 | $2,860,844 |
Hill Street Terrace Housing Corp Portland, ME | $5,424,435 | $1,256,101 |
Mch Inc Rockland, ME | $2,973,134 | $1,437,298 |
South Portland Housing Development Corporation South Portland, ME | $9,145,922 | $1,241,060 |