Civic Intelligence

Hancock County Homes Foundation

990 • Fiscal year 2019 • EIN 23-7225374

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 27, 2020

25 Tweedie LaneEllsworth, ME 04605

(207) 667-2651

Siviq Scores

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

Liabilities / Assets

96th percentile

1.48x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

4.21x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

28th percentile

-4.7%

Higher net margin than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

19th percentile

-5.3%

Faster asset growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,872,765

Down $104,743 (-5.3%) from 2018

Net Assets

Down

-$900,609

Down $30,632 (-3.5%) from 2018

Liabilities

Down

$2,773,374

Down $74,111 (-2.6%) from 2018

Revenue

Up

$658,229

Up $63,633 (+11%) from 2018

Expenses

Up

$688,861

Up $31,748 (+4.8%) from 2018

Net Income

Up

-$30,632

Up $31,885 (+51%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2013: $2,520,870Liabilities 2013: $3,149,249Net Assets 2013: -$628,3792013Assets 2014: $2,432,709Liabilities 2014: $3,101,001Net Assets 2014: -$668,2922014Assets 2015: $2,334,478Liabilities 2015: $3,043,781Net Assets 2015: -$709,3032015Assets 2016: $2,261,191Liabilities 2016: $3,018,758Net Assets 2016: -$757,5672016Assets 2017: $2,121,020Liabilities 2017: $2,928,481Net Assets 2017: -$807,4612017Assets 2018: $1,977,508Liabilities 2018: $2,847,485Net Assets 2018: -$869,9772018Assets 2019: $1,872,765Liabilities 2019: $2,773,374Net Assets 2019: -$900,6092019Assets 2021: $1,661,906Liabilities 2021: $2,619,923Net Assets 2021: -$958,0172021Assets 2022: $1,528,547Liabilities 2022: $2,508,584Net Assets 2022: -$980,0372022Assets 2023: $1,360,418Liabilities 2023: $2,410,545Net Assets 2023: -$1,050,1272023Assets 2024: $1,164,049Liabilities 2024: $2,339,876Net Assets 2024: -$1,175,8272024

Highlighted filing

2019

Assets$1,872,765
Liabilities$2,773,374
Net Assets-$900,609

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $653,9752013Revenue 2014: $615,430Expenses 2014: $655,343Net Income 2014: -$39,9132014Revenue 2015: $615,223Expenses 2015: $656,234Net Income 2015: -$41,0112015Revenue 2016: $610,999Expenses 2016: $659,263Net Income 2016: -$48,2642016Revenue 2017: $609,699Expenses 2017: $659,593Net Income 2017: -$49,8942017Revenue 2018: $594,596Expenses 2018: $657,113Net Income 2018: -$62,5172018Revenue 2019: $658,229Expenses 2019: $688,861Net Income 2019: -$30,6322019Revenue 2021: $671,010Expenses 2021: $724,246Net Income 2021: -$53,2362021Revenue 2022: $695,890Expenses 2022: $717,910Net Income 2022: -$22,0202022Revenue 2023: $699,958Expenses 2023: $770,048Net Income 2023: -$70,0902023Revenue 2024: $783,898Expenses 2024: $909,598Net Income 2024: -$125,7002024

Highlighted filing

2019

Revenue$658,229
Expenses$688,861
Net Income-$30,632
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 27, 2020
Return Version
2018v3.1
Gross Receipts
$658,229
Mission and Program Overview

Mission

Housing for elderly and disabled persons with very low to low incomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,767,829$1,618,075▼ $149,754
Savings and Temporary Cash Investments$222,170$238,982▲ $16,812
Prepaid Expenses and Deferred Charges$9,508$10,688▲ $1,180
Accounts Receivable$3,890$6,110▲ $2,220
Cash and Non-Interest-Bearing Accounts$-26,196$-1,397▲ $24,799
Total Assets$1,977,508$1,872,765▼ $104,743
Other Assets Total$307$307→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,789,389$2,711,890▼ $77,499
Escrow Account Liability$42,752$40,864▼ $1,888
Accounts Payable and Accrued Expenses$12,220$17,972▲ $5,752
Deferred Revenue$3,124$2,648▼ $476
Total Liabilities$2,847,485$2,773,374▼ $74,111
Net Assets / Fund Balance
Unrestricted Net Assets$-869,977$-900,609▼ $30,632
Total Net Assets Fund Balance$-869,977$-900,609▼ $30,632
Total Liabilities and Net Assets / Fund Balance$1,977,508$1,872,765▼ $104,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,258,959$3,336,968$4,595,927
Other Land Buildings$308,722$434,681$743,403
Land$50,394-$50,394
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tammy MotePresident
Jo CooperVice President
Andrew SankeyDirector
Anne DickensDirector
Steve ElliotDirector
Phyllis HarmonSecretary
Robert PhillipsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$651,569
Investment Income
$160
Other Revenue
$6,500
Change in Net Assets
$-30,632

Audited Revenue Reconciliation

Revenue per Audited Statements
$658,229
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$658,229
Total Revenue per Form 990
$658,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$506,489
Salaries, Compensation, and Employee Benefits$182,372
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$177,776--$177,776
Other Salaries and Wages$114,598$41,008-$155,606
Occupancy$99,965--$99,965
Interest$36,447--$36,447
Insurance$26,836$2,025-$28,861
Other Employee Benefits$13,969--$13,969
Fees for Services Accounting-$13,566-$13,566
Payroll Taxes$9,475$3,322-$12,797
Office Expenses-$5,656-$5,656
Other Expenses$3,846--$3,846
All Other Expenses$2,817--$2,817
Fees for Services Other-$1,731-$1,731
Advertising$604--$604
Total Functional Expenses$621,553$67,308$0$688,861

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$688,861
Total Expenses per Audited Statements$688,861
Total Expenses per Form 990$688,861
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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 A, Line 8A

MEETING NOTES

Form 990, Part VI, Section A, Line 8B

MEETING NOTES

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

Form 990 provided to board members at meeting prior to filing deadline,after board review and approval, form 990 is then filed in a timely manner.

Form 990, Part VI, Section C, Line 19

SEE SCHEDULE O

Form 990,part VI,line 6 - Classes of Members or Stockholders

Tenants are members of corporation.

Form 990,part VI,line 7A - Election of Members and Their Rights

Tenant members vote for clerk of board of directors.

FORM 990,PART VI,LINE 11B - ORGANIZATION'S PROCESS TO REVIEW 990

Form 990 provided to board members at meeting prior to filing deadline,after board review and approval, form 990 is then filed in a timely manner.

Form 990,part VI,line 12C - Enforcement of Conflicts Policy

Annualy, each member of the board of directors must complete identity of interest disclosure certificate provided by usda - rural housing service.

Form 990,part VI,line 19 - Governing Documents Disclosure Explanation

All governing documents are kept on site, in the main office. They are available upon a written request. Form 990 is available online at guidestar.

Filing and Contact Details

Filer

Filer Name
Hancock County Homes Foundation
EIN
23-7225374
Phone
2076672651
Address
25 TWEEDIE LANE, ELLSWORTH, ME 04605

Signing Officer

Name
Robert Phillips
Title
Treasurer
Phone
2076672651
Signed
2020-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Mote
Formed
1971
Legal Domicile
Me
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Firm
Williams & Associates Pa
Address
11 DEBECK DRIVE, HOLDEN, ME 04429
Preparer
Cullen G Williams CPA
Phone
2079419810
Raw XML AppendixShowing 400 of 434 raw XML fields

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

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0160
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0187
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0190
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0220
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0313
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01070
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0658069
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0594409
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0609509
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0610779
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0606546
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03079312
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0160
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0187
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0190
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0220
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0313
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01070
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt03079312
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0658069
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0594409
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0609509
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0610779
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0606546
IRS990ScheduleA/Total509Grp/TotalAmt03079312
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0658229
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0594596
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0609699
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0610999
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0606859
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03080382
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01258959
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03336968
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04595927
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0688861
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt050394
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050394
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0308722
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0434681
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0743403
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0658229
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01618075
IRS990ScheduleD/TotalExpensesPerForm990Amt0688861
IRS990ScheduleD/TotalRevenuePerForm990Amt0658229
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0658229
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0688861
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEETING NOTES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEETING NOTES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 PROVIDED TO BOARD MEMBERS AT MEETING PRIOR TO FILING DEADLINE,AFTER BOARD REVIEW AND APPROVAL, FORM 990 IS THEN FILED IN A TIMELY MANNER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE SCHEDULE O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TENANTS ARE MEMBERS OF CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TENANT MEMBERS VOTE FOR CLERK OF BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990 PROVIDED TO BOARD MEMBERS AT MEETING PRIOR TO FILING DEADLINE,AFTER BOARD REVIEW AND APPROVAL, FORM 990 IS THEN FILED IN A TIMELY MANNER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ANNUALY, EACH MEMBER OF THE BOARD OF DIRECTORS MUST COMPLETE IDENTITY OF INTEREST DISCLOSURE CERTIFICATE PROVIDED BY USDA - RURAL HOUSING SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ALL GOVERNING DOCUMENTS ARE KEPT ON SITE, IN THE MAIN OFFICE. THEY ARE AVAILABLE UPON A WRITTEN REQUEST. FORM 990 IS AVAILABLE ONLINE AT GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990,PART VI,LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990,PART VI,LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990,PART VI,LINE 11B - ORGANIZATION'S PROCESS TO REVIEW 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990,PART VI,LINE 12C - ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990,PART VI,LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01977508
IRS990/TotalAssetsEOYAmt01872765
IRS990/TotalAssetsGrp/BOYAmt01977508
IRS990/TotalAssetsGrp/EOYAmt01872765
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067308
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0621553
IRS990/TotalFunctionalExpensesGrp/TotalAmt0688861
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02847485
IRS990/TotalLiabilitiesEOYAmt02773374
IRS990/TotalLiabilitiesGrp/BOYAmt02847485
IRS990/TotalLiabilitiesGrp/EOYAmt02773374
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-869977
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-900609
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0621553
IRS990/TotalProgramServiceRevenueAmt0651569
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0658229
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0658229
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01977508
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01872765
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-869977
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-900609
IRS990/USAddress/AddressLine1Txt016 CLEMENT WAY
IRS990/USAddress/CityNm0ELLSWORTH
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004605
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-22 18:59:49Z

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