Overview
What is Coastal Affordable Housing?
Coastal Affordable Housing is a nonprofit organization situated in Maine. Their primary mission is to develop, own, and manage subsidized housing units for individuals and families with low income. By doing so, they contribute to addressing housing affordability issues within the community. The organization has numerous low-income housing units under its management, which they actively develop to cater to this demographic. Coastal Affordable Housing plays a significant role in providing affordable housing solutions and improving living conditions for these individuals and families.
Is Coastal Affordable Housing legitimate?
Coastal Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coastal Affordable Housing 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: $40,073
For more financial information, click here
What is the mission statement of Coastal Affordable Housing?
Coastal Affordable Housing is committed to developing, owning, and managing subsidized housing units intended for qualified low-income individuals and families. Their mission involves providing appropriate housing solutions for this demographic, ensuring they can maintain stable living conditions. The organization actively manages and develops numerous subsidized housing units, demonstrating their dedication to this cause.
Who is the CEO of Coastal Affordable Housing?
Linda Pearse is the Treasurer/Secretary of Coastal Affordable Housing.
What is the revenue of Coastal Affordable Housing?
Coastal Affordable Housing's revenue in 2022 was $716,133.
Who are the executives of Coastal Affordable Housing and what are their salaries?
- Brenda Monson (Treasurer/Secretary) [Trustee/Director]
- Gwen Brodis (Director)
- Jeff Snow (Director)
- Linda Pearse (President & Executive Dir) [Trustee/Director]
- Bart Furey (Vice President) [Trustee/Director]
Where can I find the form 990 for Coastal Affordable Housing?
The Coastal Affordable Housing’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Coastal Affordable Housing
Coastal Affordable Housing, a nonprofit organization, is dedicated to a mission of developing, owning, and managing subsidized housing units for qualified low-income individuals and families. This mission is crucial in providing affordable living solutions for those who might otherwise struggle to find suitable accommodations within their financial means. By managing and developing numerous low-income housing units, Coastal Affordable Housing plays a significant role in addressing the housing needs of its community, ensuring that a diverse range of people can live with dignity and security. The organization's commitment to this mission is evident in its tireless efforts to provide affordable housing solutions, thereby contributing positively to the overall well-being and stability of its clientele.
Impact
This information is meant to be a general summary of Coastal Affordable Housing. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Coastal Affordable Housing's impact is significant in providing affordable housing opportunities for low-income individuals and families in Maine. Through its development, ownership, and management of subsidized housing units, Coastal Affordable Housing helps address the critical need for affordable housing in the community of Hope, ME. By offering safe and affordable housing options to those in need, Coastal Affordable Housing plays a vital role in improving the quality of life for low-income individuals and families in the area.
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
$306,100
MISCELLANEOUS
Revenue
$7,556
LAUNDRY
Revenue
$2,545
K-1 FLOW THROUGH
Revenue
$-202
Organization Details
Founding Year
1989
Phone
(207) 236-4067
Principal Officer
Linda Pearse
Main Address
662 BARNESTOWN ROAD, HOPE, ME, 04847
NTEE Category
Code: L20Z - Housing
If you are a representative of Coastal Affordable Housing 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.