Millinocket Housing Corp

Organization Overview

Millinocket Housing Corp is located in Millinocket, ME. The organization was established in 1975. 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. As of 12/2019, Millinocket Housing Corp employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Millinocket Housing Corp 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 12/2019, Millinocket Housing Corp generated $644.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $783.5k during the year ending 12/2019. While expenses have increased by 2.9% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOW COST HOUSING FOR THE NEEDY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MILLINOCKET HOUSING COPRORATION PROVIDES RURAL DEVELOPMENT SUBSIDIZED HOUSING (80 UNITS) TO SENIOR CITIZENS AND HANDICAPPED INDVIDUALS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Joseph Clark
Site Manager
$53,853
Rosalie Wentworth
Vice President
$0
Arnold Hopkins
President
$0
Sandra Willard
Secretary/tres
$0
Michael Crowley
Director
$0
Louise Pelletier
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $337,523
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$337,523
Total Program Service Revenue$306,423
Investment income $243
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 $644,189

Create an account to unlock the data you need.

or