Life House Corporation
- Assets
- $666.0k
- Revenue
- $177.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Brunswick, ME
- Founding
- Data as of
- 12/2023
- EIN
- 85-0669283
Organization Overview
Life House Corporation, operating under the name Life House Maine, 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 Maine 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 12/2023, Life House Maine generated $177.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $207.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LIFE HOUSE MAINE IS A COMMUNITY-BASED NONPROFIT IN CENTRAL MAINE PROVIDING RESIDENT HOMES FOR EXPECTANT MOTHERS. SHELTERING THEM THROUGH PREGNANCY AND OFFERING HOPE SUPPORT AND LIFE SKILLS WHILE RAISING THEIR BABIES THROUGH THE FIRST YEAR. LIFE HOUSE MAINE PROVIDES A MENTORING AND PARENTING CURRICULUM IN A CARING COMMUNITY WITHOUT REGARD TO RACE NATIONAL ORIGIN SOCIOECONOMIC STATUS OR RELIGIOUS AFFILIATION. LIFE HOUSE MAINE IS A PRIVATE NON-PROFIT CORPORATION FULLY SUPPORTED BY GENEROUS DONORS. THERE IS NO COST TO THE MOMS WHO STAY WITH US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELTERING THEM THROUGH PREGNANCY AND OFFERING HOPE SUPPORT AND LIFE SKILLS WHILE RAISING THEIR BABIES THROUGH THE FIRST YEAR. ADDITIONAL ITEMS PROVIDED INCLUDE; MEALS INTERNET SERVICE TOILETRIES LAUNDRY MATERNITY CLOTHES. ALL BABY CARE PRODUCTS INCLUDING; CLOTHES DIAPERS BIBS BABY BOTTLES FORMULA CRIBS PLAYPENS AND HIGH CHAIRS.
TRANSPORTATION TO DOCTORS OFFICE HOSPITAL AIRPORT GROCERY STORE
LIFE SKILLS TRAINING LACTATION COACH BIRTHING COACH CAREER COUNCELING ASSISTANCE IN SIGNING UP FOR SOCIAL SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Hansen Director | Trustee | 5 | $0 |
Roger St Pierre Director | Trustee | 5 | $0 |
Rachel Balsamo Director | Trustee | 10 | $0 |
Paul Balsamo President | Officer | 15 | $0 |
Cheryl Carlson Vice President | Officer | 10 | $0 |
Chris Schofield Treasurer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $176,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,990 |
| Total Program Service Revenue | $0 |
| Investment income | $195 |
| 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 | $177,185 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $601 |
| Office expenses | $884 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,854 |
| Travel | $50 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,610 |
| All other expenses | $1,903 |
| Total functional expenses | $207,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $147,988 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $518,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $665,988 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $361,518 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $361,518 |
| Net assets without donor restrictions | $304,470 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $665,988 |