Civic Intelligence

Mount David Housing Inc.

990 • Fiscal year 2021 • EIN 01-0485193

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 03, 2021

1155 Lisbon StreetLewiston, ME 04241-2008

(207) 784-4110

Siviq Scores

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

Liabilities / Assets

87th percentile

0.53x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

1.53x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

43rd percentile

8.3%

Higher net margin than 43% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

11th percentile

-10%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

45%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$504,336

Down $56,662 (-10%) from 2020

Net Assets

Up

$235,489

Up $14,590 (+6.6%) from 2020

Liabilities

Down

$268,847

Down $71,252 (-21%) from 2020

Revenue

Up

$176,067

Up $54,745 (+45%) from 2020

Expenses

Down

$161,477

Down $8,825 (-5.2%) from 2020

Net Income

Up

$14,590

Up $63,570 (+130%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $687,536Liabilities 2010: $46,791Net Assets 2010: $640,7452010Assets 2011: $738,639Liabilities 2011: $127,523Net Assets 2011: $611,1162011Assets 2012: $784,323Liabilities 2012: $170,075Net Assets 2012: $614,2482012Assets 2013: $745,010Liabilities 2013: $238,289Net Assets 2013: $506,7212013Assets 2014: $712,250Liabilities 2014: $312,858Net Assets 2014: $399,3922014Assets 2015: $809,703Liabilities 2015: $373,303Net Assets 2015: $436,4002015Assets 2016: $759,558Liabilities 2016: $433,582Net Assets 2016: $325,9762016Assets 2017: $625,713Liabilities 2017: $339,859Net Assets 2017: $285,8542017Assets 2018: $574,255Liabilities 2018: $382,250Net Assets 2018: $192,0052018Assets 2019: $699,295Liabilities 2019: $400,843Net Assets 2019: $298,4522019Assets 2020: $560,998Liabilities 2020: $340,099Net Assets 2020: $220,8992020Assets 2021: $504,336Liabilities 2021: $268,847Net Assets 2021: $235,4892021Assets 2022: $506,196Liabilities 2022: $305,174Net Assets 2022: $201,0222022Assets 2023: $443,854Liabilities 2023: $263,570Net Assets 2023: $180,2842023Assets 2024: $416,684Liabilities 2024: $30,768Net Assets 2024: $385,9162024Assets 2025: $421,010Liabilities 2025: $31,833Net Assets 2025: $389,1772025

Highlighted filing

2021

Assets$504,336
Liabilities$268,847
Net Assets$235,489

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $143,6542010Revenue 2011: $106,635Expenses 2011: $140,146Net Income 2011: -$33,5112011Revenue 2012: $121,931Expenses 2012: $117,943Net Income 2012: $3,9882012Revenue 2013: $27,882Expenses 2013: $131,409Net Income 2013: -$103,5272013Revenue 2014: $41,781Expenses 2014: $149,110Net Income 2014: -$107,3292014Revenue 2015: $41,172Expenses 2015: $145,197Net Income 2015: -$104,0252015Revenue 2016: $44,035Expenses 2016: $154,460Net Income 2016: -$110,4252016Revenue 2017: $101,319Expenses 2017: $143,904Net Income 2017: -$42,5852017Revenue 2018: $50,474Expenses 2018: $144,323Net Income 2018: -$93,8492018Revenue 2019: $116,634Expenses 2019: $139,904Net Income 2019: -$23,2702019Revenue 2020: $121,322Expenses 2020: $170,302Net Income 2020: -$48,9802020Revenue 2021: $176,067Expenses 2021: $161,477Net Income 2021: $14,5902021Revenue 2022: $171,942Expenses 2022: $206,409Net Income 2022: -$34,4672022Revenue 2023: $184,967Expenses 2023: $205,705Net Income 2023: -$20,7382023Revenue 2024: $441,598Expenses 2024: $235,966Net Income 2024: $205,6322024Revenue 2025: $206,108Expenses 2025: $202,847Net Income 2025: $3,2612025

Highlighted filing

2021

Revenue$176,067
Expenses$161,477
Net Income$14,590
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 3, 2021
Return Version
2020v4.1
Gross Receipts
$176,067
Mission and Program Overview

Mission

The organization provides low cost housing for the disabled.

Low cost housing for disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$270,991$231,316▼ $39,675
Savings and Temporary Cash Investments$59,699$144,473▲ $84,774
Cash and Non-Interest-Bearing Accounts$217,940$117,835▼ $100,105
Accounts Receivable$3,526$4,735▲ $1,209
Prepaid Expenses and Deferred Charges$6,796$3,426▼ $3,370
Total Assets$560,998$504,336▼ $56,662
Other Assets Total$2,046$2,551▲ $505
Liabilities
Other Liabilities$247,016$247,801▲ $785
Accounts Payable and Accrued Expenses$92,765$20,524▼ $72,241
Deferred Revenue$318$522▲ $204
Total Liabilities$340,099$268,847▼ $71,252
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,163,600$1,163,600→ $0
Net Assets Without Donor Restrictions$-942,701$-928,111▲ $14,590
Total Net Assets Fund Balance$220,899$235,489▲ $14,590
Total Liabilities and Net Assets / Fund Balance$560,998$504,336▼ $56,662

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$218,137$1,016,455$1,234,592
Land$13,179-$13,179
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$135,679
Program Service Revenue
$40,345
Investment Income
$43
Other Revenue
$0
Change in Net Assets
$14,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$176,067
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$176,067
Total Revenue per Form 990
$176,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$161,477
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
Depreciation Depletion$39,675--$39,675
Fees for Services Management-$12,060-$12,060
Other Expenses$9,670--$9,670
Insurance$9,637--$9,637
Fees for Services Accounting-$6,485-$6,485
Office Expenses$3,491--$3,491
Fees for Services Legal$1,377--$1,377
All Other Expenses$1,266--$1,266
Advertising$129--$129
Total Functional Expenses$142,932$18,545$0$161,477

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$161,477
Total Expenses per Audited Statements$161,477
Total Expenses per Form 990$161,477
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
Due to Related Party$245,249
Tenant Security Deposits$2,552
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
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

The organization has contracted with avesta housing management corporation to perform management services.

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

The board of directors reviews the form.

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
Mount David Housing Inc
EIN
01-0485193
Phone
2077844110
Address
1155 LISBON STREET, LEWISTON, ME 04241-2008

Signing Officer

Name
Catherine Ryder
Title
Clerk/registered Agent
Phone
2077844110
Signed
2021-12-03

Organization Details

Principal Officer
Catherine Ryder
Formed
1996
Legal Domicile
Me
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part IX, Line 24E

Miscellaneous: program service expenses 861. Management and general expenses 0. Fundraising expenses 0. Total expenses 861. Taxes: program service expenses 405. Management and general expenses 0. Fundraising expenses 0. Total expenses 405.

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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt017
IRS990/PYOtherExpensesAmt0170302
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt026437
IRS990/PYRevenuesLessExpensesAmt0-48980
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0170302
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0121322
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt014590
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt040388
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059699
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0144473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0135679
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt094868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt070071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0352918
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt063
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0212835
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt0352918
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0135679
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt094868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt070071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0352918
IRS990ScheduleA/TotalSupportAmt0352981
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0218137
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01016455
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01234592
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0161477
IRS990ScheduleD/LandGrp/BookValueAmt013179
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013179
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0245249
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0176067
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0231316
IRS990ScheduleD/TotalExpensesPerForm990Amt0161477
IRS990ScheduleD/TotalLiabilityAmt0247801
IRS990ScheduleD/TotalRevenuePerForm990Amt0176067
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0176067
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0161477
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS CONTRACTED WITH AVESTA HOUSING MANAGEMENT CORPORATION TO PERFORM MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISCELLANEOUS: PROGRAM SERVICE EXPENSES 861. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 861. TAXES: PROGRAM SERVICE EXPENSES 405. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 405.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0560998
IRS990/TotalAssetsEOYAmt0504336
IRS990/TotalAssetsGrp/BOYAmt0560998
IRS990/TotalAssetsGrp/EOYAmt0504336
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0135679
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018545
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0142932
IRS990/TotalFunctionalExpensesGrp/TotalAmt0161477
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0340099
IRS990/TotalLiabilitiesEOYAmt0268847
IRS990/TotalLiabilitiesGrp/BOYAmt0340099
IRS990/TotalLiabilitiesGrp/EOYAmt0268847
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0220899
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0235489
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0142932
IRS990/TotalProgramServiceRevenueAmt040345
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040388
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0176067
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0560998
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0504336
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01155 LISBON STREET
IRS990/USAddress/CityNm0LEWISTON
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd0042412008
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.21$0.32$3.89$2.06$2.03$0.03
2024Detailed filing. Detailed filing data is available for this year.$4.17$0.31$3.86$4.42$2.36$2.06
2023Detailed filing. Detailed filing data is available for this year.$4.44$2.64$1.80$1.85$2.06$0.21
2022Detailed filing. Detailed filing data is available for this year.$5.06$3.05$2.01$1.72$2.06$0.34
2021Detailed filing. Detailed filing data is available for this year.$5.04$2.69$2.35$1.76$1.61$0.15
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.61$3.40$2.21$1.21$1.70$0.49
2019Detailed filing. Detailed filing data is available for this year.$6.99$4.01$2.98$1.17$1.40$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.74$3.82$1.92$0.50$1.44$0.94
2017Detailed filing. Detailed filing data is available for this year.$6.26$3.40$2.86$1.01$1.44$0.43
2016Detailed filing. Detailed filing data is available for this year.$7.60$4.34$3.26$0.44$1.54$1.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$3.73$4.36$0.41$1.45$1.04
2014Detailed filing. Detailed filing data is available for this year.$7.12$3.13$3.99$0.42$1.49$1.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.45$2.38$5.07$0.28$1.31$1.04
2012Summary only. Only limited summary data is available for this year.$7.84$1.70$6.14$1.22$1.18$0.04
2011Summary only. Only limited summary data is available for this year.$7.39$1.28$6.11$1.07$1.40$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.88$0.47$6.41$1.44
Peer Organizations

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