The Housing Foundation-Phase I & Ii

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

EIN: 237046663 ✦ Orono, ME ✦ Designated as a 501(c)(3)

Overview

What is The Housing Foundation-Phase I & Ii?

The Housing Foundation-Phase I & II, situated in Orono, Maine, is a dedicated nonprofit organization specializing in housing development and management. Their primary objective is to cater to the housing needs of individuals with limited income. This compassionate organization is committed to providing affordable housing solutions within the community, working diligently to ensure everyone has access to a secure and comfortable living space.


Is The Housing Foundation-Phase I & Ii legitimate?

The Housing Foundation-Phase I & Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Housing Foundation-Phase I & Ii 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: $166,770

For more financial information, click here


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

Mission Statement of The Housing Foundation-Phase I & Ii

The Housing Foundation-Phase I & II is a dedicated nonprofit organization with a mission to provide low-income housing. In simpler terms, this organization is committed to making affordable housing options available for individuals who fall under the low-income bracket. By fulfilling this mission, The Housing Foundation-Phase I & II contributes significantly to addressing housing inequality and promoting social justice. The organization's mission is to ensure that everyone, regardless of their financial situation, has access to a safe and suitable living environment. This mission is crucial in maintaining the overall well-being and stability of the community by providing a basic necessity that is often overlooked or inaccessible for many.

Impact

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




Thursday, August 15, 2024

The impact of The Housing Foundation-Phase I & II is significant in providing low-income housing opportunities for individuals and families in Orono, ME. Through its mission to offer affordable housing options, the organization helps address the pressing issue of housing insecurity among those with limited financial resources. By creating a supportive environment for low-income residents, The Housing Foundation-Phase I & II contributes to the overall well-being and stability of the community, fostering a sense of security and belonging for those in need of affordable housing options.





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: $2,131
  • Program Service Revenue: $2,100,256
  • Gross Receipts: $2,144,243

    • Assets and Liabilities:
  • Total Assets: $5,555,190
  • Total Liabilities: $158,237
  • Net Assets: $5,396,953
  • Programs

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

    RENTAL REVENUE

    Revenue

    $1,497,547

    HUD ASSISTANCE

    Revenue

    $602,709

    Organization Details

    Founding Year

    1969

    Principal Officer

    Duska Hayman

    Main Address

    353 MAIN STREET, ORONO, ME, 04473

    NTEE Category

    Code: L20 - Housing

    If you are a representative of The Housing Foundation-Phase I & Ii 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.