Civic Intelligence

Stepping Stone Housing Inc

EIN 46-4169760 • 501(c)3 • Damariscotta, ME

Profile

Provision of low income housing the mission of stepping stone housing, inc. Is to provide low income housing to the residents of lincoln county maine.

PO Box 21Damariscotta, ME 04543

www.steppingstonehousing.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.34x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

1.17x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

83rd percentile

26%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Revenue Growth

84th percentile

47%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Assets

Up

$2,855,773

Up $974,752 (+52%) from 2024

Liabilities

Up

$976,091

Up $434,480 (+80%) from 2024

Net Assets

Up

$1,879,682

Up $540,272 (+40%) from 2024

Revenue

Up

$837,767

Up $407,217 (+95%) from 2024

Expenses

Up

$297,495

Up $90,747 (+44%) from 2024

Net Income

Up

$540,272

Up $316,470 (+141%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2014: $314,151Liabilities 2014: $180,083Net Assets 2014: $134,0682014Assets 2015: $375,726Liabilities 2015: $195,583Net Assets 2015: $180,1432015Assets 2016: $639,423Liabilities 2016: $377,970Net Assets 2016: $261,4532016Assets 2017: $834,974Liabilities 2017: $497,849Net Assets 2017: $337,1252017Assets 2018: $890,503Liabilities 2018: $395,733Net Assets 2018: $494,7702018Assets 2019: $926,001Liabilities 2019: $386,081Net Assets 2019: $539,9202019Assets 2020: $1,053,481Liabilities 2020: $396,783Net Assets 2020: $656,6982020Assets 2021: $1,220,382Liabilities 2021: $386,646Net Assets 2021: $833,7362021Assets 2022: $1,415,210Liabilities 2022: $464,831Net Assets 2022: $950,3792022Assets 2023: $1,567,835Liabilities 2023: $451,137Net Assets 2023: $1,116,6982023Assets 2024: $1,881,021Liabilities 2024: $541,611Net Assets 2024: $1,339,4102024Assets 2025: $2,855,773Liabilities 2025: $976,091Net Assets 2025: $1,879,6822025

Highlighted filing

2025

Assets$2,855,773
Liabilities$976,091
Net Assets$1,879,682

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0Revenue 2014: $162,704Expenses 2014: $28,636Net Income 2014: $134,0682014Revenue 2015: $69,687Expenses 2015: $23,612Net Income 2015: $46,0752015Revenue 2016: $150,445Expenses 2016: $62,824Net Income 2016: $87,6212016Revenue 2017: $176,606Expenses 2017: $100,934Net Income 2017: $75,6722017Revenue 2018: $294,437Expenses 2018: $136,782Net Income 2018: $157,6552018Revenue 2019: $164,635Expenses 2019: $119,485Net Income 2019: $45,1502019Revenue 2020: $187,390Expenses 2020: $90,407Net Income 2020: $96,9832020Revenue 2021: $303,768Expenses 2021: $126,731Net Income 2021: $177,0372021Revenue 2022: $263,161Expenses 2022: $146,517Net Income 2022: $116,6442022Revenue 2023: $349,191Expenses 2023: $182,872Net Income 2023: $166,3192023Revenue 2024: $430,550Expenses 2024: $206,748Net Income 2024: $223,8022024Revenue 2025: $837,767Expenses 2025: $297,495Net Income 2025: $540,2722025

Highlighted filing

2025

Revenue$837,767
Expenses$297,495
Net Income$540,272

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 4, 2026
Return Version
2025v4.0
Gross Receipts
$837,767
Mission and Program Overview

Mission

Provision of low income housing the mission of stepping stone housing, inc. Is to provide low income housing to the residents of lincoln county maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,705,348$2,665,180▲ $959,832
Cash and Non-Interest-Bearing Accounts$168,160$185,420▲ $17,260
Accounts Receivable$3,661$5,173▲ $1,512
Investments in Publicly Traded Securities$3,852--
Total Assets$1,881,021$2,855,773▲ $974,752
Liabilities
Mortgage Notes Payable Secured by Investment Property$532,666$968,204▲ $435,538
Accounts Payable and Accrued Expenses$6,645$7,887▲ $1,242
Deferred Revenue$2,300--
Total Liabilities$541,611$976,091▲ $434,480
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,339,410$1,879,682▲ $540,272
Total Net Assets Fund Balance$1,339,410$1,879,682▲ $540,272
Total Liabilities and Net Assets / Fund Balance$1,881,021$2,855,773▲ $974,752

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,007,193$313,109$2,320,302
Land$656,490-$656,490
Equipment$1,497$5,146$6,643
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marilee HarrisExecutive DirectorFT$42,769$42,769

Board Members and Trustees

NameTitle
Ken LydeckerDirector & President
Carolyn NeighoffDirector
Karol ClarkDirector
Kay WhitnerDirector
Lucile AndersonDirector
Susan DaleDirector
Kimberly TolleyDirector & Secretary
Bruce BachelderDirector & Treasurer
Annie GastaldoDirector & VP
Revenue and Support

Revenue Composition

Contributions and Grants
$494,312
Program Service Revenue
$87,843
Investment Income
$8,716
Other Revenue
$246,896
All Other Contributions
$494,312
Change in Net Assets
$540,272

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$240,590
Salaries, Compensation, and Employee Benefits$56,905
Total Fundraising Expense$33,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$62,909$0$24,921$87,830
Depreciation Depletion$67,342$0$0$67,342
Interest$43,816$0$0$43,816
Current Officers, Directors, Trustees, and Key Employees$34,215$4,277$4,277$42,769
Insurance$22,080$1,152$57$23,289
Other Expenses$10,366$0$0$10,366
Other Salaries and Wages$5,290$0$0$5,290
Pension Plan Contributions$3,845$481$481$4,807
Payroll Taxes$3,231$404$404$4,039
Office Expenses$831$1,184$600$2,615
Fees for Services Legal$1,656$0$0$1,656
Advertising$995$0$0$995
Total Functional Expenses$256,576$7,498$33,421$297,495
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$246,896
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Thrift Shop$161,670$161,670-$161,670
Tennis Tournament$41,112$41,112-$41,112
Total Events$202,782$202,782-$202,782
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Stepping Stone Housing Inc
EIN
46-4169760
Phone
2075636215
Address
PO BOX 21, DAMARISCOTTA, ME 04543

Signing Officer

Name
Bruce a Bachelder
Title
Treasurer
Phone
2075636215
Signed
2026-02-04

Organization Details

Principal Officer
Bruce a Bachelder
Formed
2013
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
30
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is reviewed at a board meeting before filing.

Pt VI, Line 19

All governing documents are provided upon request

Pt VI, Line 12C

Complete conflicts discloser report at annual meeting

Pt VI, Line 15A

Salaries of similar positions were reviewed by the board. The final salary amount was consistent with the applicants experience.

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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/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0540272
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt087843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0194312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0159324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0133301
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0734986
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08716
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0636
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09353
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0340975
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67260
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.57590
IRS990ScheduleA/PublicSupportTotal170Amt0500669
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0234317
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0194312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0159324
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147773
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0133301
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100276
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0734986
IRS990ScheduleA/TotalSupportAmt0744377
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt038
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt038
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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
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0313109
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02320302
IRS990ScheduleD/EquipmentGrp/BookValueAmt01497
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05146
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06643
IRS990ScheduleD/LandGrp/BookValueAmt0656490
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0656490
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02665180
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TENNIS TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0THRIFT SHOP
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0161670
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0202782
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt041112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0161670
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0202782
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0NOT VALUED
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IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0STEPPING STONE HOUSING RECEIVES MANY CONTRIBUTIONS OF HOUSEHOLD ITEMS. MOST ARE INDIVIDUALLY OF SMALL VALUE AND NO VALUE IS ASSIGNED. THE ITEMS ARE SOLD IN YARD SALES, THRIFT SHOP AND ON LINE. SOME ITEMS ARE ALSO USED IN THE PROGRAM AND SOME ITEMS ARE GIVEN TO OTHER NON-PROFITS OR PEOPLE IN NEED.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED AT A BOARD MEETING BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLETE CONFLICTS DISCLOSER REPORT AT ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARIES OF SIMILAR POSITIONS WERE REVIEWED BY THE BOARD. THE FINAL SALARY AMOUNT WAS CONSISTENT WITH THE APPLICANTS EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07498
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0256576
IRS990/TotalFunctionalExpensesGrp/TotalAmt0297495
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IRS990/TotalLiabilitiesGrp/EOYAmt0976091
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0256576
IRS990/TotalProgramServiceRevenueAmt087843
IRS990/TotalReportableCompFromOrgAmt042769
IRS990/TotalRevenueGrp/ExclusionAmt0255612
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt087843
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0837767
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X

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