Easton Housing Corporation
- Assets
- $246.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Easton, ME
- Founding
- 07/1980
- Data as of
- 12/2022
- EIN
- 23-7434043
Organization Overview
Easton Housing Corporation is located in Easton, ME. The organization was established in 1980. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Easton Housing Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Easton Housing Corporation generated $187.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $165.4k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ELDERLY HOUSING FOR RESIDENTS OF EASTON, MAINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Demerchant Director | 1 | $0 | |
Meaghen Ellis Director | 1 | $0 | |
Kevin Marquis President | 1 | $0 | |
Richard Green Director | 1 | $0 | |
Paulette Garrison Director | 1 | $0 | |
Debbie Nicholson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,943 |
| Total Program Service Revenue | $97,451 |
| Membership dues | $0 |
| Investment income | $26,794 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,739 |
| Total Revenue | $187,927 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,050 |
| Professional fees and other payments to independent contractors | $1,850 |
| Occupancy, rent, utilities, and maintenance | $13,574 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $110,913 |
| Total expenses | $165,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,199 |
| Other assets | $0 |
| Total assets | $246,896 |
| Total liabilities | $260,215 |
| Net assets or fund balances | -$13,319 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roc Usa Llc Concord, NH | $163,263,242 | $13,007,393 |
Lake Arrowhead Community Inc North Waterboro, ME | $3,499,746 | $1,857,850 |
Maine Campground Owners New Southwick Assoc Auburn, ME | $476,816 | $359,645 |
Greenville Housing Corp Greenville, ME | $661,973 | $282,575 |
Island Falls Housing Corp Patten, ME | $492,631 | $256,666 |
Corinth Housing Corporation Stetson, ME | $555,880 | $229,208 |
Corinna Housing Corporation Corinna, ME | $1,115,071 | $250,805 |
Bradford Housing Corporation Bangor, ME | $1,266,149 | $190,595 |
New Hampshire Campground Owners Association Epsom, NH | $501,988 | $182,145 |
Mattanawcook Terrace Housing Corp Bangor, ME | $1,039,438 | $213,603 |
Norridgewock Housing Corp Norridgewock, ME | $462,590 | $198,951 |
Easton Housing Corporation Easton, ME | $246,896 | $0 |