Waterville Community Land Trust Inc
- Assets
- $151.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 05/2014
- Data as of
- 06/2022
- EIN
- 46-2879996
Organization Overview
Waterville Community Land Trust Inc is located in Waterville, ME. The organization was established in 2014. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Waterville Community Land Trust 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 06/2022, Waterville Community Land Trust Inc generated $13.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $37.6k during the year ending 06/2022. 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
RENOVATIONOF3MOORSTREETHOMETOBESOLDTOALOWINCOMEFAMILYASAPERPETUALLYAFFORDABLEHOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Saul President | 10 | $0 | |
Nancy Williams VP | 25 | $0 | |
Ricia Hyde Director | 1 | $0 | |
Allan Saul Director | 1 | $0 | |
Scott Mcadoo Secretary | 2 | $0 | |
Ann Beverage Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,080 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,125 |
| 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 | $27,933 |
| Occupancy, rent, utilities, and maintenance | $8,672 |
| Printing, publications, postage, and shipping | $467 |
| Other expenses | $0 |
| Total expenses | $37,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,061 |
| Other assets | $0 |
| Total assets | $151,342 |
| Total liabilities | $48,231 |
| Net assets or fund balances | $103,111 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waterville Community Land Trust Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Raymond J And Mary C Reisert Foundation Inc New York, NY PURPOSE: HOME RESTORATION IN MILLIKEN NEIGHBORHOOD | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scott-Farrar Home Peterborough, NH | $20,723,129 | $5,884,459 |
Housing Initiatives Of New England Scarborough, ME | $75,729,157 | $7,030,512 |
Maine Childrens Home For Little Wanderers Waterville, ME | $10,545,636 | $2,193,841 |
Sunset Home Of Waterville Waterville, ME | $4,930,472 | $1,213,305 |
Cei Housing Inc Brunswick, ME | $2,587,340 | $825,661 |
Crisis Center Of Central New Hampshire Concord, NH | $825,782 | $928,604 |
Hancock County Homes Foundation Ellsworth, ME | $1,528,547 | $695,890 |
Deborah Lincoln House Belfast, ME | $4,817,279 | $222,148 |
Courtyard Affordable Housing Corp Augusta, ME | $3,165,101 | $653,150 |
Mary A Sweeney Home Nashua, NH | $8,455,342 | $717,868 |
St Francis Apartments Inc Portland, ME | $5,671,738 | $324,501 |
Cmrs Ii Manchester, NH | $0 | $1,532,689 |