Civic Intelligence

Freeport Senior Housing Inc.

990 • Fiscal year 2018 • EIN 01-0492876

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

84th percentile

0.61x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

92nd percentile

2.46x

Higher debt load relative to revenue than 92% of similar nonprofits.

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

Net Margin

35th percentile

-1.2%

Higher net margin than 35% 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

33rd percentile

-2.7%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

58th percentile

7.5%

Faster revenue growth than 58% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$2,341,821

Down $65,404 (-2.7%) from 2017

Net Assets

Down

$917,982

Down $7,227 (-0.8%) from 2017

Liabilities

Down

$1,423,839

Down $58,177 (-3.9%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin35th percentile

Revenue

Up

$579,001

Up $40,474 (+7.5%) from 2017

Expenses

Up

$586,228

Up $83,727 (+17%) from 2017

Net Income

Down

-$7,227

Down $43,253 (-120%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,148,575Liabilities 2011: $245,637Net Assets 2011: $902,9382011Assets 2012: $1,901,104Liabilities 2012: $911,084Net Assets 2012: $990,0202012Assets 2013: $1,792,819Liabilities 2013: $855,564Net Assets 2013: $937,2552013Assets 2014: $1,717,293Liabilities 2014: $803,209Net Assets 2014: $914,0842014Assets 2015: $1,664,378Liabilities 2015: $777,005Net Assets 2015: $887,3732015Assets 2016: $1,640,395Liabilities 2016: $751,212Net Assets 2016: $889,1832016Assets 2017: $2,407,225Liabilities 2017: $1,482,016Net Assets 2017: $925,2092017Assets 2018: $2,341,821Liabilities 2018: $1,423,839Net Assets 2018: $917,9822018Assets 2019: $2,417,866Liabilities 2019: $1,558,764Net Assets 2019: $859,1022019Assets 2020: $2,349,545Liabilities 2020: $1,421,542Net Assets 2020: $928,0032020Assets 2021: $2,294,860Liabilities 2021: $1,351,983Net Assets 2021: $942,8772021Assets 2022: $2,229,209Liabilities 2022: $1,282,693Net Assets 2022: $946,5162022Assets 2023: $2,171,079Liabilities 2023: $1,219,471Net Assets 2023: $951,6082023Assets 2024: $2,098,730Liabilities 2024: $1,150,985Net Assets 2024: $947,7452024Assets 2025: $2,032,709Liabilities 2025: $1,080,215Net Assets 2025: $952,4942025

Highlighted filing

2018

Assets$2,341,821
Liabilities$1,423,839
Net Assets$917,982
Open 2018 Filing

Operations Trend

Revenue Growth58th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $223,7282011Revenue 2012: $307,539Expenses 2012: $220,457Net Income 2012: $87,0822012Revenue 2013: $310,493Expenses 2013: $361,556Net Income 2013: -$51,0632013Revenue 2014: $319,542Expenses 2014: $342,713Net Income 2014: -$23,1712014Revenue 2015: $322,832Expenses 2015: $349,543Net Income 2015: -$26,7112015Revenue 2016: $354,210Expenses 2016: $352,400Net Income 2016: $1,8102016Revenue 2017: $538,527Expenses 2017: $502,501Net Income 2017: $36,0262017Revenue 2018: $579,001Expenses 2018: $586,228Net Income 2018: -$7,2272018Revenue 2019: $589,780Expenses 2019: $648,660Net Income 2019: -$58,8802019Revenue 2020: $594,798Expenses 2020: $525,897Net Income 2020: $68,9012020Revenue 2021: $649,117Expenses 2021: $634,243Net Income 2021: $14,8742021Revenue 2022: $692,176Expenses 2022: $688,537Net Income 2022: $3,6392022Revenue 2023: $716,228Expenses 2023: $711,136Net Income 2023: $5,0922023Revenue 2024: $760,405Expenses 2024: $764,268Net Income 2024: -$3,8632024Revenue 2025: $793,466Expenses 2025: $788,717Net Income 2025: $4,7492025

Highlighted filing

2018

Revenue$579,001
Expenses$586,228
Net Income-$7,227
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
$579,001
Mission and Program Overview

Mission

To provide low-income housing to the elderly.

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,073,142$1,997,466▼ $75,676
Cash and Non-Interest-Bearing Accounts$269,054$298,210▲ $29,156
Accounts Receivable$3,822$5,692▲ $1,870
Prepaid Expenses and Deferred Charges$19,189$525▼ $18,664
Total Assets$2,407,225$2,341,821▼ $65,404
Other Assets Total$42,018$39,928▼ $2,090
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,417,827$1,378,254▼ $39,573
Other Liabilities$41,625$32,949▼ $8,676
Accounts Payable and Accrued Expenses$21,961$10,783▼ $11,178
Deferred Revenue$603$1,853▲ $1,250
Total Liabilities$1,482,016$1,423,839▼ $58,177
Net Assets / Fund Balance
Unrestricted Net Assets$925,209$917,982▼ $7,227
Total Net Assets Fund Balance$925,209$917,982▼ $7,227
Total Liabilities and Net Assets / Fund Balance$2,407,225$2,341,821▼ $65,404

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,783,696$918,720$2,702,416
Land$213,770-$213,770
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
Paetra EstesDirector
Suzanne NortonDirector
Thomas H KellyClerk
Maryellen CarewExecutive Committee
Dr Jeffrey StenzelSecretary
Thomas WhelanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$381,013
Program Service Revenue
$197,850
Investment Income
$138
Other Revenue
$0
Change in Net Assets
$-7,227

Audited Revenue Reconciliation

Revenue per Audited Statements
$579,001
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$579,001
Total Revenue per Form 990
$579,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$586,228
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
Payments to Affiliates$103,946--$103,946
Depreciation Depletion$89,030--$89,030
Interest$84,593--$84,593
All Other Expenses$65,858--$65,858
Fees for Services Management$33,369--$33,369
Other Expenses$32,404--$32,404
Insurance$17,564--$17,564
Fees for Services Accounting$9,800--$9,800
Fees for Services Legal$575--$575
Office Expenses$239--$239
Advertising$214--$214
Total Functional Expenses$586,228$0$0$586,228

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$586,228
Total Expenses per Audited Statements$586,228
Total Expenses per Form 990$586,228
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$13,096
Accrued Liabilities$9,577
Due to Reltated Party$5,331
Accrued Interest$4,945
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No

Governance Explanations

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

“The board of directors reviews any dealings with board members.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Freeport Senior Housing Inc
EIN
01-0492876
Phone
2078651652
Address
24 SOUTH STREET SUITE A, FREEPORT, ME 04032

Signing Officer

Name
Tom Whelan
Title
Treasurer
Phone
2078651652
Signed
2019-01-08

Organization Details

Principal Officer
Tom Whelan
Formed
1994
Legal Domicile
Me
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

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

“Real estate taxes: program service expenses 23,306. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,306. Other admin expense: program service expenses 21,524. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,524. Site manager: program service expenses 18,832. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,832. Bad debt: program service expenses 2,196. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,196.”

Raw XML AppendixShowing 400 of 508 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/BOYAmt021961
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010783
IRS990/AccountsReceivableGrp/BOYAmt03822
IRS990/AccountsReceivableGrp/EOYAmt05692
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOW INCOME HOUSING
IRS990/AdvertisingGrp/ProgramServicesAmt0214
IRS990/AdvertisingGrp/TotalAmt0214
IRS990/AllOtherExpensesGrp/ProgramServicesAmt065858
IRS990/AllOtherExpensesGrp/TotalAmt065858
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
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/CashNonInterestBearingGrp/BOYAmt0269054
IRS990/CashNonInterestBearingGrp/EOYAmt0298210
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0381013
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0138
IRS990/CYOtherExpensesAmt0586228
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0197850
IRS990/CYRevenuesLessExpensesAmt0-7227
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0586228
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0579001
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0603
IRS990/DeferredRevenueGrp/EOYAmt01853
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt089030
IRS990/DepreciationDepletionGrp/TotalAmt089030
IRS990/Desc0TO PROVIDE LOW INCOME HOUSING TO ELDERLY RESIDENTS IN FREEPORT, MAINE, AS WELL AS SUPPORTIVE SERVICES DESIGNED TO EXTEND THE TIME IN WHICH ELDERLY TENANTS MAY LIVE INDEPENDENTLY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0586228
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09800
IRS990/FeesForServicesAccountingGrp/TotalAmt09800
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0575
IRS990/FeesForServicesLegalGrp/TotalAmt0575
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt033369
IRS990/FeesForServicesManagementGrp/TotalAmt033369
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
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/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/PersonNm2DR JEFFREY STENZEL
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS WHELAN
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS H KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm5JIM GWILYM
IRS990/Form990PartVIISectionAGrp/PersonNm6DALE WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm7MARYELLEN CAREW
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/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0381013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0579001
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt017564
IRS990/InsuranceGrp/TotalAmt017564
IRS990/InterestGrp/ProgramServicesAmt084593
IRS990/InterestGrp/TotalAmt084593
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0138
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0138
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0918720
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02073142
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01997466
IRS990/LandBldgEquipCostOrOtherBssAmt02916186
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01417827
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01378254
IRS990/NetAssetsOrFundBalancesBOYAmt0925209
IRS990/NetAssetsOrFundBalancesEOYAmt0917982
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0239
IRS990/OfficeExpensesGrp/TotalAmt0239
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt042018
IRS990/OtherAssetsTotalGrp/EOYAmt039928
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2OTHER MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SUPPORT SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt072063
IRS990/OtherExpensesGrp/ProgramServicesAmt140106
IRS990/OtherExpensesGrp/ProgramServicesAmt236467
IRS990/OtherExpensesGrp/ProgramServicesAmt332404
IRS990/OtherExpensesGrp/TotalAmt072063
IRS990/OtherExpensesGrp/TotalAmt140106
IRS990/OtherExpensesGrp/TotalAmt236467
IRS990/OtherExpensesGrp/TotalAmt332404
IRS990/OtherLiabilitiesGrp/BOYAmt041625
IRS990/OtherLiabilitiesGrp/EOYAmt032949
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0103946
IRS990/PaymentsToAffiliatesGrp/TotalAmt0103946
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0525
IRS990/PrincipalOfficerNm0TOM WHELAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY/MISC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0195139
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12711
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0195139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12711
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0359348
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0134
IRS990/PYOtherExpensesAmt0502501
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0179045
IRS990/PYRevenuesLessExpensesAmt036026
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0502501
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0538527
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-7227
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0197988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0381013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0359348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0236023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0210161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0220549
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01407094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt080
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0503
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0706515
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt01407094
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0381013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0359348
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0236023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0210161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0220549
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01407094
IRS990ScheduleA/TotalSupportAmt01407597
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01783696
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0918720
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02702416
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0586228
IRS990ScheduleD/LandGrp/BookValueAmt0213770
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0213770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04945
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19577
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt213096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt35331
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO RELTATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0579001
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01997466
IRS990ScheduleD/TotalExpensesPerForm990Amt0586228
IRS990ScheduleD/TotalLiabilityAmt032949
IRS990ScheduleD/TotalRevenuePerForm990Amt0579001
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0579001
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0586228
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS ANY DEALINGS WITH BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ORGANIZING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 23,306. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,306. OTHER ADMIN EXPENSE: PROGRAM SERVICE EXPENSES 21,524. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,524. SITE MANAGER: PROGRAM SERVICE EXPENSES 18,832. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,832. BAD DEBT: PROGRAM SERVICE EXPENSES 2,196. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,196.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0010509766
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0FHT HOLDINGS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt024 SOUTH STREET SUITE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0FREEPORT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0ME
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd004032
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0201939305
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1010539012
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2273610088
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd2ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0VARNEY SQUARE ASSOCIATES LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1FREEPORT ELDERLY HOUSING LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt2OAKLEAF 2 ASSOCIATES LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt024 SOUTH STREET SUITE A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt124 SOUTH STREET SUITE A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt224 SOUTH STREET SUITE A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0FREEPORT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1FREEPORT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm2FREEPORT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd2ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd004032
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd104032
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd204032
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FREEPORT HOUSING TRUST INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0010449761
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ME

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
$2,341,821
Liabilities
$1,423,839
Net assets
$917,982
Revenue
$579,001
Expenses
$586,228
Net income
-$7,227
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$1.08$0.95$0.79$0.79$0.00
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$1.15$0.95$0.76$0.76$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.17$1.22$0.95$0.72$0.71$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$1.28$0.95$0.69$0.69$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$1.35$0.94$0.65$0.63$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$1.42$0.93$0.59$0.53$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$1.56$0.86$0.59$0.65$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.34$1.42$0.92$0.58$0.59$0.01
2017Summary only. Only limited summary data is available for this year.$2.41$1.48$0.93$0.54$0.50$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.64$0.75$0.89$0.35$0.35$0.00
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.66$0.78$0.89$0.32$0.35$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.72$0.80$0.91$0.32$0.34$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.86$0.94$0.31$0.36$0.05
2012Summary only. Only limited summary data is available for this year.$1.90$0.91$0.99$0.31$0.22$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.25$0.90$0.22