Civic Intelligence

Freeport Housing Trust Inc.

990 • Fiscal year 2018 • EIN 01-0449761

Oct 01, 2017 to Sep 30, 2018 • Filed on Jan 08, 2019

Organization ProfileN/A
24 South Street Suite AFreeport, ME 04032

(207) 865-1652

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.33x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

1.98x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

57th percentile

3.0%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

59th percentile

7.7%

Faster revenue growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$4,214,082

Up $124,263 (+3.0%) from 2017

Net Assets

Up

$2,827,379

Up $149,109 (+5.6%) from 2017

Liabilities

Down

$1,386,703

Down $24,846 (-1.8%) from 2017

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin73rd percentile

Revenue

Up

$698,853

Up $50,026 (+7.7%) from 2017

Expenses

Up

$594,636

Up $35,440 (+6.3%) from 2017

Net Income

Up

$104,217

Up $14,586 (+16%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $3,525,423Liabilities 2010: $1,460,502Net Assets 2010: $2,064,9212010Assets 2011: $3,574,509Liabilities 2011: $1,528,342Net Assets 2011: $2,046,1672011Assets 2012: $3,981,425Liabilities 2012: $2,231,967Net Assets 2012: $1,749,4582012Assets 2013: $4,246,730Liabilities 2013: $2,197,304Net Assets 2013: $2,049,4262013Assets 2014: $4,455,434Liabilities 2014: $2,231,358Net Assets 2014: $2,224,0762014Assets 2015: $3,877,807Liabilities 2015: $1,386,772Net Assets 2015: $2,491,0352015Assets 2016: $4,014,119Liabilities 2016: $1,429,993Net Assets 2016: $2,584,1262016Assets 2017: $4,089,819Liabilities 2017: $1,411,549Net Assets 2017: $2,678,2702017Assets 2018: $4,214,082Liabilities 2018: $1,386,703Net Assets 2018: $2,827,3792018Assets 2019: $4,467,763Liabilities 2019: $1,357,590Net Assets 2019: $3,110,1732019Assets 2020: $4,631,811Liabilities 2020: $1,318,793Net Assets 2020: $3,313,0182020Assets 2021: $7,838,469Liabilities 2021: $3,886,778Net Assets 2021: $3,951,6912021Assets 2022: $8,269,545Liabilities 2022: $3,815,173Net Assets 2022: $4,454,3722022Assets 2023: $8,521,439Liabilities 2023: $3,766,145Net Assets 2023: $4,755,2942023Assets 2024: $9,722,336Liabilities 2024: $4,045,899Net Assets 2024: $5,676,4372024Assets 2025: $10,417,290Liabilities 2025: $3,945,067Net Assets 2025: $6,472,2232025

Highlighted filing

2018

Assets$4,214,082
Liabilities$1,386,703
Net Assets$2,827,379
Open 2018 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $408,6062010Revenue 2011: $471,997Expenses 2011: $490,751Net Income 2011: -$18,7542011Expenses 2012: $520,0062012Revenue 2013: $938,808Expenses 2013: $638,840Net Income 2013: $299,9682013Revenue 2014: $869,102Expenses 2014: $686,475Net Income 2014: $182,6272014Revenue 2015: $929,910Expenses 2015: $670,424Net Income 2015: $259,4862015Revenue 2016: $591,180Expenses 2016: $518,130Net Income 2016: $73,0502016Revenue 2017: $648,827Expenses 2017: $559,196Net Income 2017: $89,6312017Revenue 2018: $698,853Expenses 2018: $594,636Net Income 2018: $104,2172018Revenue 2019: $765,636Expenses 2019: $594,358Net Income 2019: $171,2782019Revenue 2020: $696,559Expenses 2020: $626,652Net Income 2020: $69,9072020Revenue 2021: $1,298,365Expenses 2021: $984,880Net Income 2021: $313,4852021Revenue 2022: $1,893,366Expenses 2022: $1,132,954Net Income 2022: $760,4122022Revenue 2023: $1,434,260Expenses 2023: $1,223,552Net Income 2023: $210,7082023Revenue 2024: $1,939,407Expenses 2024: $1,316,967Net Income 2024: $622,4402024Revenue 2025: $2,024,988Expenses 2025: $1,264,524Net Income 2025: $760,4642025

Highlighted filing

2018

Revenue$698,853
Expenses$594,636
Net Income$104,217
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jan 8, 2019
Return Version
2017v2.3
Gross Receipts
$1,026,021
Mission and Program Overview

Mission

Provide low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,546,498$1,748,557▲ $202,059
Land, Buildings, and Equipment, Net$1,585,089$1,521,855▼ $63,234
Other Notes and Loans Receivable, Net$300,000$360,000▲ $60,000
Investments Program Related$71,116$71,116→ $0
Accounts Receivable$17,035$11,471▼ $5,564
Investments Other Securities$5,670$5,670→ $0
Prepaid Expenses and Deferred Charges$24,142$1,186▼ $22,956
Total Assets$4,089,819$4,214,082▲ $124,263
Other Assets Total$540,269$494,227▼ $46,042
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,339,103$1,308,750▼ $30,353
Other Liabilities$40,678$44,073▲ $3,395
Accounts Payable and Accrued Expenses$31,768$33,880▲ $2,112
Total Liabilities$1,411,549$1,386,703▼ $24,846
Net Assets / Fund Balance
Unrestricted Net Assets$2,678,270$2,827,379▲ $149,109
Total Net Assets Fund Balance$2,678,270$2,827,379▲ $149,109
Total Liabilities and Net Assets / Fund Balance$4,089,819$4,214,082▲ $124,263

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,271,656$762,841$2,034,497
Land$250,199-$250,199
Other Assets Org$251,242--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Chris RoneyPresident
Amy CartmellVice President
Dale WhitmoreDirector
Debra QuinnDirector
Jim GwilymDirector
Lincoln JeffersDirector
Maryellen CarewDirector
Paetra EstesDirector
Suzanne NortonDirector
Thomas H KelleyClerk
Dr Jeffrey StenzelSecretary
Thomas WhelanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$653,995
Investment Income
$44,858
Other Revenue
$0
Change in Net Assets
$104,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$578,636
Grants and Similar Amounts Paid$16,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$94,600--$94,600
Depreciation Depletion$84,269--$84,269
Fees for Services Management$52,496--$52,496
Other Expenses$52,452--$52,452
Interest$45,977--$45,977
Insurance$25,130--$25,130
Grants to Domestic Orgs$16,000--$16,000
Fees for Services Accounting$13,200--$13,200
Travel$4,482--$4,482
Fees for Services Legal$1,270--$1,270
Advertising$493--$493
Total Functional Expenses$594,636$0$0$594,636
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Freeport Community ServicesFreeport, ME501(c)(3)Scholarship Fund$15,000
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$36,166
Prepaid Tenant Rent$7,907
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The board of directors are elected by its members.”

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

“The form 990 is reviewed by the treasurer prior to submission.”

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

“Board members regularly review any conflict of interest issues.”

Form 990, Part VI, Section C, Line 19

“All organizing and operating documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Freeport Housing Trust Inc
EIN
01-0449761
Phone
2078651652
Address
24 SOUTH STREET SUITE A, FREEPORT, ME 04032

Signing Officer

Name
Thomas Whalen
Title
Secretary/treasurer
Phone
2078651652
Signed
2019-01-08

Organization Details

Principal Officer
Chris Roney
Formed
1989
Legal Domicile
Me
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Otis Atwell
Address
324 GANNETT DRIVE, SOUTH PORTLAND, ME 04106
Preparer
Thomas Gioia
Phone
2077801100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Property taxes: program service expenses 39,710. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,710. Consultant: program service expenses 36,663. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,663. Resident services: program service expenses 13,492. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,492. Miscellaneous operating: program service expenses 2,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,875. Bad debts: program service expenses 1,860. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,860.”

Raw XML AppendixShowing 400 of 564 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt031768
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt033880
IRS990/AccountsReceivableGrp/BOYAmt017035
IRS990/AccountsReceivableGrp/EOYAmt011471
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE LOW-INCOME HOUSING.
IRS990/AdvertisingGrp/ProgramServicesAmt0493
IRS990/AdvertisingGrp/TotalAmt0493
IRS990/AllOtherExpensesGrp/ProgramServicesAmt094600
IRS990/AllOtherExpensesGrp/TotalAmt094600
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MATT PETERS
IRS990/BooksInCareOfDetail/PhoneNum02078651652
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt024 SOUTH STREET SUITE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0FREEPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004032
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt016000
IRS990/CYInvestmentIncomeAmt044858
IRS990/CYOtherExpensesAmt0578636
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0653995
IRS990/CYRevenuesLessExpensesAmt0104217
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0594636
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0698853
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt084269
IRS990/DepreciationDepletionGrp/TotalAmt084269
IRS990/Desc0OPERATION OF A 30 UNIT LOW-INCOME HOUSING PROJECT KNOWN AS VILLAGE VIEW.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0288341
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt013200
IRS990/FeesForServicesAccountingGrp/TotalAmt013200
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01270
IRS990/FeesForServicesLegalGrp/TotalAmt01270
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt052496
IRS990/FeesForServicesManagementGrp/TotalAmt052496
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRIS RONEY
IRS990/Form990PartVIISectionAGrp/PersonNm1AMY CARTMELL
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS WHELAN
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS H KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4DR JEFFREY STENZEL
IRS990/Form990PartVIISectionAGrp/PersonNm5MARYELLEN CAREW
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM GWILYM
IRS990/Form990PartVIISectionAGrp/PersonNm7DALE WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm8DEBRA QUINN
IRS990/Form990PartVIISectionAGrp/PersonNm9PAETRA ESTES
IRS990/Form990PartVIISectionAGrp/PersonNm10SUZANNE NORTON
IRS990/Form990PartVIISectionAGrp/PersonNm11LINCOLN JEFFERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt07828
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt016000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt016000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0334996
IRS990/GrossReceiptsAmt01026021
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt025130
IRS990/InsuranceGrp/TotalAmt025130
IRS990/InterestGrp/ProgramServicesAmt045977
IRS990/InterestGrp/TotalAmt045977
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt037030
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037030
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05670
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05670
IRS990/InvestmentsProgramRelatedGrp/BOYAmt071116
IRS990/InvestmentsProgramRelatedGrp/EOYAmt071116
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0762841
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01585089
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01521855
IRS990/LandBldgEquipCostOrOtherBssAmt02284696
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0327168
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE LOW-INCOME HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01339103
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01308750
IRS990/NetAssetsOrFundBalancesBOYAmt02678270
IRS990/NetAssetsOrFundBalancesEOYAmt02827379
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt07828
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07828
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt044892
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0540269
IRS990/OtherAssetsTotalGrp/EOYAmt0494227
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/Desc3CONTRACTUAL SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt074481
IRS990/OtherExpensesGrp/ProgramServicesAmt168494
IRS990/OtherExpensesGrp/ProgramServicesAmt261292
IRS990/OtherExpensesGrp/ProgramServicesAmt352452
IRS990/OtherExpensesGrp/TotalAmt074481
IRS990/OtherExpensesGrp/TotalAmt168494
IRS990/OtherExpensesGrp/TotalAmt261292
IRS990/OtherExpensesGrp/TotalAmt352452
IRS990/OtherLiabilitiesGrp/BOYAmt040678
IRS990/OtherLiabilitiesGrp/EOYAmt044073
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0300000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0360000
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024142
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01186
IRS990/PrincipalOfficerNm0CHRIS RONEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY/MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0519369
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1134626
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0519369
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1134626
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF AN 18 UNIT LOW-INCOME HOUSING PROJECT KNOWN AS MAPLEWOOD TERRACE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0146509
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0162628
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF A 4 UNIT LOW-INCOME PROJECT KNOWN AS BOW STREET
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041208
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt036608
IRS990/ProgSrvcAccomActyOtherGrp/Desc0DEVELOPMENT AND MANAGEMENT OF VARIOUS LOW-INCOME HOUSING PROJECTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0118578
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt016000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0169573
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt020000
IRS990/PYInvestmentIncomeAmt044332
IRS990/PYOtherExpensesAmt0539196
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0604495
IRS990/PYRevenuesLessExpensesAmt089631
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0559196
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0648827
IRS990/ReconcilationRevenueExpnssAmt0104217
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0330044
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01546498
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01748557
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt044858
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt044332
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt033267
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt026563
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0183598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0653995
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0604495
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0557913
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0895332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0839740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03551475
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt044858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt044332
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt033267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt026563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0183598
IRS990ScheduleA/InvestmentIncomeCYPct00.04920
IRS990ScheduleA/InvestmentIncomePYPct00.04180
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95080
IRS990ScheduleA/PublicSupportPY509Pct00.95820
IRS990ScheduleA/PublicSupportTotal509Amt03551475
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0653995
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0604495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0557913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0895332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0839740
IRS990ScheduleA/Total509Grp/TotalAmt03551475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0698853
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0648827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0591180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0929910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0866303
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03735073
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01271656
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0762841
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02034497
IRS990ScheduleD/LandGrp/BookValueAmt0250199
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0250199
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01161
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt136169
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2205655
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3251242
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCE FEES (NET OF AMORT)
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NOTE RECEIVABLE - RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NOTE RECEIVABLE - OAKLEAF 2
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID TENANT RENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01521855
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0494227
IRS990ScheduleD/TotalLiabilityAmt044073
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FREEPORT COMMUNITY SERVICES
IRS990ScheduleI/RecipientTable/RecipientEIN0010332769
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt053 DEPOT STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FREEPORT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ME
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd004032
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS VOTES TO AWARD GRANTS TO VARIOUS ORGANIZATIONS TO BE USED FOR SPECIFIC PURPOSES SUCH AS SCHOLARSHIPS AND RENTAL ASSISTANCE TO INDIVIDUALS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS ARE ELECTED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS REGULARLY REVIEW ANY CONFLICT OF INTEREST ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROPERTY TAXES: PROGRAM SERVICE EXPENSES 39,710. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,710. CONSULTANT: PROGRAM SERVICE EXPENSES 36,663. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,663. RESIDENT SERVICES: PROGRAM SERVICE EXPENSES 13,492. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,492. MISCELLANEOUS OPERATING: PROGRAM SERVICE EXPENSES 2,875. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,875. BAD DEBTS: PROGRAM SERVICE EXPENSES 1,860. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,860.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
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 IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0010509766
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0FHT HOLDINGS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 625
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0FREEPORT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0ME

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,214,082
Liabilities
$1,386,703
Net assets
$2,827,379
Revenue
$698,853
Expenses
$594,636
Net income
$104,217
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.4$3.95$6.47$2.02$1.26$0.76
2024Detailed filing. Detailed filing data is available for this year.$9.72$4.05$5.68$1.94$1.32$0.62
2023Detailed filing. Detailed filing data is available for this year.$8.52$3.77$4.76$1.43$1.22$0.21
2022Detailed filing. Detailed filing data is available for this year.$8.27$3.82$4.45$1.89$1.13$0.76
2021Detailed filing. Detailed filing data is available for this year.$7.84$3.89$3.95$1.30$0.98$0.31
2020Detailed filing. Detailed filing data is available for this year.$4.63$1.32$3.31$0.70$0.63$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.47$1.36$3.11$0.77$0.59$0.17
2018Detailed filing. Detailed filing data is available for this year.$4.21$1.39$2.83$0.70$0.59$0.10
2017Detailed filing. Detailed filing data is available for this year.$4.09$1.41$2.68$0.65$0.56$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.01$1.43$2.58$0.59$0.52$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.88$1.39$2.49$0.93$0.67$0.26
2014Detailed filing. Detailed filing data is available for this year.$4.46$2.23$2.22$0.87$0.69$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$2.20$2.05$0.94$0.64$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$2.23$1.75$0.52
2011Summary only. Only limited summary data is available for this year.$3.57$1.53$2.05$0.47$0.49$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$1.46$2.06$0.41