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Stella Maris Housing Development Corp

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

EIN: 010376239 ✦ Rockland, ME ✦ Designated as a 501(c)(3)

Overview

What is Stella Maris Housing Development Corp?

Stella Maris Housing Development Corp is a nonprofit organization situated in Rockland, Maine. Their primary mission is to offer subsidized housing for elderly individuals, as well as those who are self-sufficient yet handicapped. They provide a residential living environment, ensuring affordability for these groups. The organization's activities are centered around offering subsidized housing, ultimately contributing to the well-being and independence of the elderly and handicapped population in their community.


Is Stella Maris Housing Development Corp legitimate?

Stella Maris Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stella Maris Housing Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Stella Maris Housing Development Corp?
Who is the CEO of Stella Maris Housing Development Corp?
What is the revenue of Stella Maris Housing Development Corp?
Who are the executives of Stella Maris Housing Development Corp and what are their salaries?
Where can I find the form 990 for Stella Maris Housing Development Corp?

Mission Statement of Stella Maris Housing Development Corp

Stella Maris Housing Development Corp is committed to providing subsidized residential housing for the elderly and self-sufficient handicapped individuals. This nonprofit organization's mission is centered around offering affordable housing solutions for those who fall into these categories. By doing so, Stella Maris Housing Development Corp aims to support elderly individuals and those with disabilities in maintaining their independence, while also ensuring they have a secure and comfortable living environment. The corporation's primary activity revolves around providing subsidized housing, ensuring that eligible individuals have access to affordable, quality housing options.

Impact

This information is meant to be a general summary of Stella Maris Housing Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Stella Maris Housing Development Corp's impact is evident in its provision of subsidized residential housing for elderly individuals in Rockland, Maine. By offering affordable living spaces for the elderly and self-sufficient handicapped persons, the organization plays a crucial role in ensuring that these vulnerable populations have access to safe and comfortable housing options. Through its mission to provide subsidized housing for these individuals, Stella Maris Housing Development Corp helps to address the pressing need for affordable housing and contributes to improving the quality of life for its residents.





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: $144
  • Program Service Revenue: $223,946
  • Gross Receipts: $648,923

    • Assets and Liabilities:
  • Total Assets: $1,415,963
  • Total Liabilities: $1,876,340
  • Net Assets: -$460,377
  • Programs

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

    RENTAL INCOME - TENANT

    Revenue

    $218,671

    LAUNDRY AND VENDING

    Revenue

    $5,275

    Organization Details

    Founding Year

    1981

    Principal Officer

    Richard Norman

    Main Address

    148 BROADWAY, ROCKLAND, ME, 04841

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Stella Maris Housing Development Corp 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.