Civic Intelligence

Pinewood Manor Inc

EIN 01-0363879 • 501(c)3 • Ocean Park, ME

Profile

the mission of pinewood manor is to provide safe, affordable housing and to encourage maximum independence in a caring environment.

PO Box 7354Ocean Park, ME 04063

www.thepinescommunity.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.49x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

4.40x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

40th percentile

0.4%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

43rd percentile

1.6%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,779,653

Up $42,867 (+1.6%) from 2023

Liabilities

Up

$4,141,975

Up $38,644 (+0.9%) from 2023

Net Assets

Up

-$1,362,322

Up $4,223 (+0.3%) from 2023

Revenue

Up

$942,252

Up $118,120 (+14%) from 2023

Expenses

Up

$938,029

Up $93,167 (+11%) from 2023

Net Income

Up

$4,223

Up $24,953 (+120%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $2,470,036Liabilities 2010: $3,133,732Net Assets 2010: -$663,6962010Assets 2011: $2,034,911Liabilities 2011: $2,246,089Net Assets 2011: -$211,1782011Assets 2012: $1,934,888Liabilities 2012: $2,198,915Net Assets 2012: -$264,0272012Assets 2013: $1,809,909Liabilities 2013: $2,112,745Net Assets 2013: -$302,8362013Assets 2014: $1,696,410Liabilities 2014: $2,056,431Net Assets 2014: -$360,0212014Assets 2015: $1,589,822Liabilities 2015: $1,994,441Net Assets 2015: -$404,6192015Assets 2016: $1,535,607Liabilities 2016: $1,937,619Net Assets 2016: -$402,0122016Assets 2017: $1,484,979Liabilities 2017: $1,895,337Net Assets 2017: -$410,3582017Assets 2018: $1,727,912Liabilities 2018: $2,190,692Net Assets 2018: -$462,7802018Assets 2019: $3,957,263Liabilities 2019: $4,664,925Net Assets 2019: -$707,6622019Assets 2020: $3,308,902Liabilities 2020: $4,418,532Net Assets 2020: -$1,109,6302020Assets 2021: $2,926,219Liabilities 2021: $4,220,521Net Assets 2021: -$1,294,3022021Assets 2022: $2,796,093Liabilities 2022: $4,141,908Net Assets 2022: -$1,345,8152022Assets 2023: $2,736,786Liabilities 2023: $4,103,331Net Assets 2023: -$1,366,5452023Assets 2024: $2,779,653Liabilities 2024: $4,141,975Net Assets 2024: -$1,362,3222024

Highlighted filing

2024

Assets$2,779,653
Liabilities$4,141,975
Net Assets-$1,362,322

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $560,740Expenses 2010: $589,430Net Income 2010: -$28,6902010Expenses 2011: $704,0282011Revenue 2012: $605,318Expenses 2012: $658,167Net Income 2012: -$52,8492012Revenue 2013: $616,205Expenses 2013: $655,014Net Income 2013: -$38,8092013Revenue 2014: $629,594Expenses 2014: $686,779Net Income 2014: -$57,1852014Revenue 2015: $643,446Expenses 2015: $688,044Net Income 2015: -$44,5982015Revenue 2016: $641,662Expenses 2016: $639,055Net Income 2016: $2,6072016Revenue 2017: $622,689Expenses 2017: $631,035Net Income 2017: -$8,3462017Revenue 2018: $602,418Expenses 2018: $654,840Net Income 2018: -$52,4222018Revenue 2019: $641,175Expenses 2019: $886,057Net Income 2019: -$244,8822019Revenue 2020: $604,138Expenses 2020: $859,226Net Income 2020: -$255,0882020Revenue 2021: $658,013Expenses 2021: $842,685Net Income 2021: -$184,6722021Revenue 2022: $706,036Expenses 2022: $757,549Net Income 2022: -$51,5132022Revenue 2023: $824,132Expenses 2023: $844,862Net Income 2023: -$20,7302023Revenue 2024: $942,252Expenses 2024: $938,029Net Income 2024: $4,2232024

Highlighted filing

2024

Revenue$942,252
Expenses$938,029
Net Income$4,223

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.78$4.14$1.36$0.94$0.94$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.74$4.10$1.37$0.82$0.84$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.80$4.14$1.35$0.71$0.76$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.93$4.22$1.29$0.66$0.84$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.31$4.42$1.11$0.60$0.86$0.26
2019Detailed filing. Detailed filing data is available for this year.$3.96$4.66$0.71$0.64$0.89$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.73$2.19$0.46$0.60$0.65$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.48$1.90$0.41$0.62$0.63$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.54$1.94$0.40$0.64$0.64$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.59$1.99$0.40$0.64$0.69$0.04
2014Summary only. Only limited summary data is available for this year.$1.70$2.06$0.36$0.63$0.69$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.81$2.11$0.30$0.62$0.66$0.04
2012Summary only. Only limited summary data is available for this year.$1.93$2.20$0.26$0.61$0.66$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$2.25$0.21$0.70
2010Summary only. Only limited summary data is available for this year.$2.47$3.13$0.66$0.56$0.59$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$942,252
Mission and Program Overview

Mission

The mission of Pinewood Manor is to provide safe, affordable housing and to encourage maximum independence in a caring environment.

Owns and operates 50 units of low income housing under federal 202 program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,257,992$2,307,889▲ $49,897
Savings and Temporary Cash Investments$436,438$421,619▼ $14,819
Accounts Receivable$6,667$12,829▲ $6,162
Prepaid Expenses and Deferred Charges$8,662$8,784▲ $122
Total Assets$2,736,786$2,779,653▲ $42,867
Other Assets Total$27,027$28,532▲ $1,505
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,980,241$3,919,088▼ $61,153
Accounts Payable and Accrued Expenses$98,746$197,011▲ $98,265
Other Liabilities$23,609$25,091▲ $1,482
Deferred Revenue$735$785▲ $50
Total Liabilities$4,103,331$4,141,975▲ $38,644
Net Assets / Fund Balance
Net Assets With Donor Restrictions$954,067$954,067→ $0
Net Assets Without Donor Restrictions$-2,320,612$-2,316,389▲ $4,223
Total Net Assets Fund Balance$-1,366,545$-1,362,322▲ $4,223
Total Liabilities and Net Assets / Fund Balance$2,736,786$2,779,653▲ $42,867

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,122,010$3,718,319$5,840,329
Other Land Buildings$75,605$1,068,415$1,144,020
Equipment$16,974$166,297$183,271
Land$93,300-$93,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Elisabeth HeroldExecutive DirectorPT$102,939$102,939

Board Members and Trustees

NameTitle
Kevin PorterPresident
Barry JackmanVice President
Debbie SousaDirector
Dennis CariganDirector
Eric GreyDirector
Larry MeadDirector
Martine TaylorDirector
Louise ReidPast Director
Cathy LarkinSecretary
Winthrop WinchTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Oceanview ManorManagement ServicesPO Box 7266, Ocean Park, ME 04063$248,648
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$940,214
Investment Income
$2,038
Other Revenue
$0
Change in Net Assets
$4,223

Audited Revenue Reconciliation

Revenue per Audited Statements
$942,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$942,252
Total Revenue per Form 990
$942,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$938,029
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$252,459--$252,459
Fees for Services Management$122,664$75,878-$198,542
Depreciation Depletion$164,088--$164,088
Fees for Services Other$73,923--$73,923
Fees for Services Accounting-$34,683-$34,683
Office Expenses$17,611$6,720-$24,331
Information Technology-$10,860-$10,860
Other Expenses$4,169$487-$4,169
Conferences and Meetings-$2,675-$2,675
Fees for Services Legal-$464-$464
Advertising-$280-$280
Total Functional Expenses$805,982$132,047$0$938,029

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$938,029
Total Expenses per Audited Statements$938,029
Total Expenses per Form 990$938,029
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$25,091
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Pinewood Manor has no employees; all management functions and personnel are supplied by Oceanview Manor, Inc., which serves as a management agent to Pinewood Manor.

Form 990, Part VI, Section B, line 11B

The Executive Director and the management company review Pinewood Manor's draft Form 990 for consistency with the operating activities and the filings with HUD prior to the document's filing with the Internal Revenue Service. A copy is also supplied to each board member and they have an opportunity to provide feedback prior to its filing with the Internal Revenue Service.

Form 990, Part VI, Section B, line 12C

Require Board to fill out forms annually and monitor/approve any activities that are noted involving our company.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pinewood Manor Inc
EIN
01-0363879
Phone
2079342157
Address
PO Box 7354, Ocean Park, ME 04063

Signing Officer

Name
Winthrop A Winch
Title
Treasurer
Phone
2079342157
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Porter
Formed
1981
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
16

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Joseph R Byrne
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 10: Land, Buildings, and Equipment

Section 1.263(a)-3(n) Election: Pinewood Manor, Inc. P.O. Box 7354 Ocean Park, ME 04063 EIN: 01-0363879 Section 1.263(a)-3(n) Election: Pinewood Manor, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

Raw XML AppendixShowing 400 of 526 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/MissionDesc0The mission of Pinewood Manor is to provide safe, affordable housing and to encourage maximum independence in a caring environment.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/TotalAmt024331
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Residual Receipt Recapt
IRS990/OtherExpensesGrp/Desc1Miscellaneous Expense
IRS990/OtherExpensesGrp/Desc2Operations and Maintena
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0487
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IRS990/PartialLiquidationInd00
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08662
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08784
IRS990/PrincipalOfficerNm0Kevin Porter
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0Rental Revenue
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt176715
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt179353
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IRS990/QuidProQuoContributionsInd00
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IRS990/ReconcilationRevenueExpnssAmt04223
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02038
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0495
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0287
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0544
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0937576
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0818619
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0701675
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0653530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0600486
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03711886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01467
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0495
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0287
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0544
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04831
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt02638
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt04046
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt03866
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt04196
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt02383
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt017129
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0304865
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01781962
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0441554
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0304865
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
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IRS990ScheduleD/TotalExpensesPerForm990Amt0938029
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pinewood Manor has no employees; all management functions and personnel are supplied by Oceanview Manor, Inc., which serves as a management agent to Pinewood Manor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director and the management company review Pinewood Manor's draft Form 990 for consistency with the operating activities and the filings with HUD prior to the document's filing with the Internal Revenue Service. A copy is also supplied to each board member and they have an opportunity to provide feedback prior to its filing with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Require Board to fill out forms annually and monitor/approve any activities that are noted involving our company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Section 1.263(a)-3(n) Election: Pinewood Manor, Inc. P.O. Box 7354 Ocean Park, ME 04063 EIN: 01-0363879 Section 1.263(a)-3(n) Election: Pinewood Manor, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part X, Line 10: Land, Buildings, and Equipment
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00

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