Civic Intelligence

The Housing Foundation - M & D

990 • Fiscal year 2017 • EIN 22-3090975

Oct 01, 2016 to Sep 30, 2017 • Filed on May 31, 2018

353 Main StreetOrono, ME 04473

(207) 866-4634

Siviq Scores

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

Liabilities / Assets

64th percentile

0.21x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.19x

Higher debt load relative to revenue than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

56th percentile

5.3%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$60,544

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

47th percentile

2.4%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-5.8%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,113,862

Up $49,535 (+2.4%) from 2016

Net Assets

Up

$1,672,513

Up $123,261 (+8.0%) from 2016

Liabilities

Down

$441,349

Down $73,726 (-14%) from 2016

Revenue

Down

$2,346,041

Down $143,611 (-5.8%) from 2016

Expenses

Down

$2,222,780

Down $139,263 (-5.9%) from 2016

Net Income

Down

$123,261

Down $4,348 (-3.4%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,762,223Liabilities 2011: $681,020Net Assets 2011: $1,081,2032011Assets 2012: $1,757,565Liabilities 2012: $625,572Net Assets 2012: $1,131,9932012Assets 2013: $1,871,377Liabilities 2013: $707,552Net Assets 2013: $1,163,8252013Assets 2014: $1,873,322Liabilities 2014: $587,878Net Assets 2014: $1,285,4442014Assets 2015: $2,010,899Liabilities 2015: $589,256Net Assets 2015: $1,421,6432015Assets 2016: $2,064,327Liabilities 2016: $515,075Net Assets 2016: $1,549,2522016Assets 2017: $2,113,862Liabilities 2017: $441,349Net Assets 2017: $1,672,5132017Assets 2018: $2,089,176Liabilities 2018: $336,675Net Assets 2018: $1,752,5012018Assets 2019: $2,149,843Liabilities 2019: $272,061Net Assets 2019: $1,877,7822019Assets 2020: $2,457,294Liabilities 2020: $463,730Net Assets 2020: $1,993,5642020Assets 2021: $2,672,788Liabilities 2021: $53,666Net Assets 2021: $2,619,1222021Assets 2022: $3,133,048Liabilities 2022: $44,057Net Assets 2022: $3,088,9912022Assets 2023: $3,732,139Liabilities 2023: $384,669Net Assets 2023: $3,347,4702023Assets 2024: $4,057,010Liabilities 2024: $406,856Net Assets 2024: $3,650,1542024Assets 2025: $4,116,886Liabilities 2025: $373,886Net Assets 2025: $3,743,0002025

Highlighted filing

2017

Assets$2,113,862
Liabilities$441,349
Net Assets$1,672,513

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $1,869,992Expenses 2011: $1,780,694Net Income 2011: $89,2982011Expenses 2012: $1,845,6722012Expenses 2013: $2,007,2552013Revenue 2014: $2,206,537Expenses 2014: $2,084,918Net Income 2014: $121,6192014Revenue 2015: $2,404,188Expenses 2015: $2,267,989Net Income 2015: $136,1992015Revenue 2016: $2,489,652Expenses 2016: $2,362,043Net Income 2016: $127,6092016Revenue 2017: $2,346,041Expenses 2017: $2,222,780Net Income 2017: $123,2612017Revenue 2018: $2,359,676Expenses 2018: $2,335,838Net Income 2018: $23,8382018Revenue 2019: $2,395,146Expenses 2019: $2,268,720Net Income 2019: $126,4262019Revenue 2020: $2,382,841Expenses 2020: $2,253,731Net Income 2020: $129,1102020Revenue 2021: $2,811,957Expenses 2021: $2,205,462Net Income 2021: $606,4952021Revenue 2022: $2,829,758Expenses 2022: $2,365,435Net Income 2022: $464,3232022Revenue 2023: $2,895,028Expenses 2023: $2,637,063Net Income 2023: $257,9652023Revenue 2024: $3,159,984Expenses 2024: $2,868,226Net Income 2024: $291,7582024Revenue 2025: $3,232,563Expenses 2025: $3,137,355Net Income 2025: $95,2082025

Highlighted filing

2017

Revenue$2,346,041
Expenses$2,222,780
Net Income$123,261
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 31, 2018
Return Version
2016v3.0
Gross Receipts
$2,346,041
Mission and Program Overview

Mission

Primarily, to provide low-income housing and the related management services. Secondarily, to provide child care services.

To provide low-income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,549,252$1,672,513▲ $123,261
Cash and Non-Interest-Bearing Accounts$939,390$1,044,673▲ $105,283
Land, Buildings, and Equipment, Net$855,392$857,158▲ $1,766
Accounts Receivable$221,993$171,502▼ $50,491
Prepaid Expenses and Deferred Charges$46,281$39,464▼ $6,817
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,064,327$2,113,862▲ $49,535
Other Assets Total$1,271$1,065▼ $206
Liabilities
Mortgage Notes Payable Secured by Investment Property$408,661$333,437▼ $75,224
Accounts Payable and Accrued Expenses$106,414$107,912▲ $1,498
Total Liabilities$515,075$441,349▼ $73,726
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,549,252$1,672,513▲ $123,261
Total Liabilities and Net Assets / Fund Balance$2,064,327$2,113,862▲ $49,535

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$594,277$1,457,586-
Land$136,995--
Equipment$125,886$196,296-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Duska HaymanExecutive Director$60,544$60,544

Board Members and Trustees

NameTitle
John MccormackPresident
Elizabeth BicknellVice-president
Betty IngrahamDirector
Dan BurkeDirector
Dick RollinsDirector
Judy WhitneyDirector
Kerry SackDirector
Patty KennySecretary
Lynne SpoonerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,672
Program Service Revenue
$2,157,307
Investment Income
$1,062
Other Revenue
$0
All Other Contributions
$980
Change in Net Assets
$123,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,703,095
Other Expenses$519,685
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,156,583--$1,156,583
Other Employee Benefits$383,779--$383,779
Payroll Taxes$102,189--$102,189
All Other Expenses$98,855--$98,855
Depreciation Depletion$90,724--$90,724
Current Officers, Directors, Trustees, and Key Employees$60,544--$60,544
Insurance$59,315--$59,315
Office Expenses$35,584--$35,584
Fees for Services Management$25,740--$25,740
Interest$21,837--$21,837
Other Expenses$20,501--$20,501
Fees for Services Accounting$8,850--$8,850
Conferences and Meetings$2,685--$2,685
Advertising$2,279--$2,279
Fees for Services Legal$806--$806
Total Functional Expenses$2,222,780$0$0$2,222,780
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 chief financial officer and the executive director review and approve the 990. A copy of the 990 is provided upon request.

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
The Housing Foundation - M & D
EIN
22-3090975
Phone
2078664634
Address
353 MAIN STREET, ORONO, ME 04473

Signing Officer

Name
Duska Hayman
Title
Executive Director
Phone
2078664634
Signed
2018-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Duska Hayman
Formed
1969
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
42
Volunteers
0

Preparer

Firm
Ouellette & Associates Pa
Address
1111 LISBON STREET, LEWISTON, ME 04240
Preparer
C Joseph Wolverton Jr CPA
Phone
2077860328
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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/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0181045
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0767
IRS990/PYOtherExpensesAmt0561955
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02307840
IRS990/PYRevenuesLessExpensesAmt0127609
IRS990/PYSalariesCompEmpBnftPaidAmt01800088
IRS990/PYTotalExpensesAmt02362043
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02489652
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0123261
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02157307
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01549252
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01672513
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0187672
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0182716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0180746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0190675
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0190699
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0932508
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0767
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0576
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0461
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0523
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03389
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02157307
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02307840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02222795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02015401
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01847865
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt010551208
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0767
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0576
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0461
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0523
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03389
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt011483716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02344979
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02490556
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02403541
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02206076
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02038564
IRS990ScheduleA/Total509Grp/TotalAmt011483716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02346041
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02491323
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02404117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02206537
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02039087
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011487105
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/BookValueAmt0594277
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01457586
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02051863
IRS990ScheduleD/EquipmentGrp/BookValueAmt0125886
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196296
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0322182
IRS990ScheduleD/LandGrp/BookValueAmt0136995
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0136995
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0857158
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHIEF FINANCIAL OFFICER AND THE EXECUTIVE DIRECTOR REVIEW AND APPROVE THE 990. A COPY OF THE 990 IS PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02064327
IRS990/TotalAssetsEOYAmt02113862
IRS990/TotalAssetsGrp/BOYAmt02064327
IRS990/TotalAssetsGrp/EOYAmt02113862
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0187672
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02222780
IRS990/TotalFunctionalExpensesGrp/TotalAmt02222780
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0515075
IRS990/TotalLiabilitiesEOYAmt0441349
IRS990/TotalLiabilitiesGrp/BOYAmt0515075
IRS990/TotalLiabilitiesGrp/EOYAmt0441349
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01549252
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01672513
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt015443
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt015443
IRS990/TotalProgramServiceExpensesAmt02222780
IRS990/TotalProgramServiceRevenueAmt02157307
IRS990/TotalReportableCompFromOrgAmt060544
IRS990/TotalRevenueGrp/ExclusionAmt01062
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02157307
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02346041
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02064327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02113862
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.12$0.37$3.74$3.23$3.14$0.10
2024Detailed filing. Detailed filing data is available for this year.$4.06$0.41$3.65$3.16$2.87$0.29
2023Detailed filing. Detailed filing data is available for this year.$3.73$0.38$3.35$2.90$2.64$0.26
2022Detailed filing. Detailed filing data is available for this year.$3.13$0.04$3.09$2.83$2.37$0.46
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.05$2.62$2.81$2.21$0.61
2020Detailed filing. Detailed filing data is available for this year.$2.46$0.46$1.99$2.38$2.25$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.15$0.27$1.88$2.40$2.27$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.09$0.34$1.75$2.36$2.34$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.11$0.44$1.67$2.35$2.22$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.06$0.52$1.55$2.49$2.36$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.01$0.59$1.42$2.40$2.27$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.59$1.29$2.21$2.08$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.71$1.16$2.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.63$1.13$1.85
2011Summary only. Only limited summary data is available for this year.$1.76$0.68$1.08$1.87$1.78$0.09