Overview
What is Freeport Housing Trust Inc?
Freeport Housing Trust Inc is a nonprofit organization committed to addressing the housing needs of low-income individuals. Established with two primary programs, they operate Maplewood Terrace, a 18-unit housing project, and Village View, a 30-unit housing project. Their mission is centered around providing affordable housing, aiming to enhance the living standards of their residents. The Trust's activities encompass managing and maintaining these projects, ensuring that low-income families have access to secure and comfortable living spaces.
Is Freeport Housing Trust Inc legitimate?
Freeport Housing Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freeport Housing Trust Inc 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: $79,919
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Freeport Housing Trust Inc?
The Freeport Housing Trust is committed to providing low-income housing. This is achieved through the operation of two programs, each managing two projects: Maplewood Terrace, a 18-unit complex, and Village View, a 30-unit facility. The organization's primary goal is to ensure affordable housing options for those in need.
Who is the CEO of Freeport Housing Trust Inc?
Chris Roney is the President of Freeport Housing Trust Inc.
What is the revenue of Freeport Housing Trust Inc?
Freeport Housing Trust Inc's revenue in 2022 was $1,893,366.
Who are the executives of Freeport Housing Trust Inc and what are their salaries?
The average compensation at Freeport Housing Trust Inc during 2022 was $79,919. There are 1 employees at Freeport Housing Trust Inc.
Here are 13 key members and their salaries:
- Matt Peters (Executive Director)
- Chris Roney (President) [Trustee/Director]
- Amy Cartmell (Vice President) [Trustee/Director]
- Thomas Whelan (Treasurer) [Trustee/Director]
- Thomas H Kelley (Secretary & Clerk) [Trustee/Director]
- Dr Jeffrey Stenzel (Director)
- Maryellen Carew (Director)
- Drew Wing (Director)
- Charlotte Ingersoll (Director)
- Suzanne Norton (Director)
- Elizabeth Carlton (Director)
- Lincoln Jeffers (Director)
- Prince Pombo (Director)
Where can I find the form 990 for Freeport Housing Trust Inc?
The Freeport Housing Trust Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Freeport Housing Trust Inc
Freeport Housing Trust, a nonprofit organization, is committed to providing low-income housing for individuals in need. To achieve this mission, the Trust operates two distinct projects: Maplewood Terrace, a 18-unit housing complex, and Village View, a 30-unit facility. These projects are specifically designed to cater to individuals with limited financial resources, offering them a safe and affordable living space. By offering these housing solutions, Freeport Housing Trust aims to contribute to the well-being and stability of its residents, thereby playing a significant role in their overall quality of life.
Impact
This information is meant to be a general summary of Freeport Housing Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Freeport Housing Trust Inc positively impacts the community by providing low-income housing through its programs. The organization operates Maplewood Terrace, an 18-unit low-income housing project, and Village View, a 30-unit low-income housing project in Freeport, ME. By offering affordable housing options, Freeport Housing Trust Inc helps individuals and families in need to secure safe and stable living conditions. This contributes to creating a more inclusive and supportive community for all residents.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$1,162,089
DEVELOPMENT FEES
Revenue
$410,285
FLOWTHROUGH PAYMENTS -
Revenue
$239,201
LAUNDRY/MISCELLANEOUS
Revenue
$16,572
INCENTIVE MANAGEMENT F
Revenue
$2,550
Organization Details
Founding Year
1989
Phone
(207) 865-1652
Principal Officer
Chris Roney
Main Address
24 SOUTH STREET SUITE A, FREEPORT, ME, 04032
NTEE Category
Code: L200 - Housing
If you are a representative of Freeport Housing Trust Inc 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.