Life House Corporation
- Assets
- $178.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brunswick, ME
- Founding
- Data as of
- 12/2022
- EIN
- 85-0669283
Organization Overview
Life House Corporation is located in Brunswick, ME. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, 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. Life House Corporation 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 12/2022, Life House Corporation generated $61.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Balsamo President | 10 | $0 | |
Mary Rose Pray Secretary | 10 | $0 | |
Cheryl Carlson Vice President | 10 | $0 | |
David Novaria Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,606 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,034 |
| Total Revenue | $61,640 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $665 |
| Other expenses | $1,512 |
| Total expenses | $2,177 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,733 |
| Other assets | $0 |
| Total assets | $178,733 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,733 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cross Roads House Inc Portsmouth, NH | $9,120,003 | $3,626,882 |
Mid-Maine Homeless Shelter Inc Waterville, ME | $5,852,733 | $2,758,283 |
Bread Of Life Ministries Inc Augusta, ME | $4,648,721 | $1,959,262 |
Tedford Housing Brunswick, ME | $6,234,793 | $1,692,245 |
Bangor Area Homeless Shelter Bangor, ME | $2,173,397 | $1,395,691 |
Homeless Services Of Aroostook Presque Isle, ME | $460,847 | $696,532 |
Seacoast Family Promise Exeter, NH | $1,986,993 | $715,533 |
My Friends Place Inc Dover, NH | $909,709 | $569,495 |
Fair Tide Inc Kittery, ME | $1,672,380 | $1,248,734 |
Helping Hand Outreach Ministries Manchester, NH | $742,766 | $324,784 |
Homeless Center For Stratford County Rochester, NH | $1,638,042 | $580,444 |
Friendship House So Portland, ME | $418,587 | $0 |