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The Housing Foundation-Disp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010367546 ✦ Orono, ME ✦ Designated as a 501(c)(3)

Overview

What is The Housing Foundation-Disp?

The Housing Foundation-Disp is a nonprofit organization situated in Orono, Maine, with a specific focus on providing low-income housing. They manage two residential facilities: Deer Run Apartments, a 24-unit complex in Deer Isle, and Benjamin River Apartments, a 16-unit building in Sedgwick. The organization's mission is to offer affordable housing options and related management services through HUD 223(f) programs. By providing these facilities, The Housing Foundation-Disp contributes to enhancing living conditions for low-income individuals in the surrounding areas.


Is The Housing Foundation-Disp legitimate?

The Housing Foundation-Disp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Housing Foundation-Disp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,061

For more financial information, click here


What is the mission statement of The Housing Foundation-Disp?
Who is the CEO of The Housing Foundation-Disp?
What is the revenue of The Housing Foundation-Disp?
Who are the executives of The Housing Foundation-Disp and what are their salaries?
Where can I find the form 990 for The Housing Foundation-Disp?

Mission Statement of The Housing Foundation-Disp

The Housing Foundation-Disp, as an organization, is committed to providing low-income housing and the associated management services. In pursuit of this mission, they operate two facilities: Deer Run Apartments, a 24-unit complex located in Deer Isle, Maine, and Benjamin River Apartments, a 16-unit property situated in Sedgwick, Maine. By offering these housing units, The Housing Foundation-Disp aims to cater to the needs of individuals with limited financial resources, providing them with a secure and comfortable living environment.

Impact

This information is meant to be a general summary of The Housing Foundation-Disp. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The Housing Foundation-Disp's impact is significant in providing low-income housing through its HUD 223(f) properties. Specifically, the organization manages a 24 unit facility called Deer Run Apartments in Deer Isle, Maine, and a 16 unit facility called Benjamin River Apartments in Sedgwick, Maine. These properties offer much-needed affordable housing options for individuals and families in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $969
  • Program Service Revenue: $613,119
  • Gross Receipts: $618,383

    • Assets and Liabilities:
  • Total Assets: $2,615,850
  • Total Liabilities: $2,995,960
  • Net Assets: -$380,110
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HUD Assistance

    Revenue

    $438,420

    TENANT RENT

    Revenue

    $174,699

    Organization Details

    Founding Year

    1969

    Principal Officer

    Duska Hayman

    Main Address

    353 MAIN STREET, ORONO, ME, 04473

    NTEE Category

    Code: L210 - Housing

    If you are a representative of The Housing Foundation-Disp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.