Milbridge Harbor Apartments
- Assets
- $91.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Machias, ME
- Founding
- 10/2006
- EIN
- 59-3796786
Organization Overview
Milbridge Harbor Apartments is located in Machias, ME. The organization was established in 2006. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Milbridge Harbor Apartments 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 undefined, Milbridge Harbor Apartments generated $50.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $48.2k during the year ending undefined. While expenses have increased by 2.6% per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
FIVE HOMELESS INDIVIDUALS LIVE IN THESE APARTMENTS AND RECEIVE SERVICES FROM OTHER AGENCIES AS NEEDED TO ASSIST THEM IN LIVING SUCCESSFULLY IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Todd Smith Director | 1 | $0 | |
Bill Cody Jr President | 1 | $0 | |
Ronald Jenkins Vice President | 1 | $0 | |
Thomas Michaud Exec Dir | 1 | $0 | |
Patricia Sammer Sectreas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,775 |
| Total Program Service Revenue | $38,228 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,014 |
| Statement of Expenses | |
|---|---|
| Total expenses | $48,218 |
| Balance Sheet | |
|---|---|
| Total assets | $91,310 |
| Total liabilities | $59,845 |
| Net assets or fund balances | $31,465 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fit-Nhnh Inc Manchester, NH | $20,051,648 | $10,413,245 |
Housing Benefits Manchester, NH | $19,848,686 | $2,975,053 |
Community Housing Of Maine Inc Portland, ME | $35,247,004 | $3,832,747 |
Village Square Housing Corporation Portland, ME | $5,696,859 | $2,944,780 |
Diocesan Bureau Of Housing Deering Pavilion Portland, ME | $10,086,881 | $2,452,298 |
United States Catholic Conference Portland, ME | $5,797,365 | $1,499,768 |
Rural Housing For The Elderly Manchester, NH | $3,090,190 | $1,063,291 |
Berry Park Housing Corporation Portland, ME | $4,394,655 | $939,723 |
Northern Lights Housing Corp Littleton, NH | $1,590,776 | $753,630 |
Stella Maris Housing Development Corp Rockland, ME | $1,538,930 | $636,464 |
Emc Affordable Housing Preservation Westbrook, ME | $1,783,460 | $692,643 |
The Housing Foundation Orono, ME | $2,690,905 | $535,666 |