Civic Intelligence

Welcome to Housing Home Goods Bank

EIN 82-2050478 • 501(c)3 • Bangor, ME

Profile

Welcome to housing is a household goods bank and serves people in need in the bangor region. Our goal is to help individuals, including veterans and families succeed as they transition from area shelters to permanent housing by providing basic household items donated through the local community. We also help people displaced by fire and domestic violence.

499 Broadway Pmb 333Bangor, ME 04401

www.welcometohousing.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

10th percentile

-88%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

-3.3%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-56%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$390,513

Down $13,355 (-3.3%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$390,513

Down $13,355 (-3.3%) from 2023

Revenue

Down

$15,181

Down $19,284 (-56%) from 2023

Expenses

Down

$28,535

Down $1,752 (-5.8%) from 2023

Net Income

Down

-$13,354

Down $17,532 (-420%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2021: $395,608Liabilities 2021: $0Net Assets 2021: $395,6082021Assets 2022: $399,690Net Assets 2022: $399,6902022Assets 2023: $403,868Net Assets 2023: $403,8682023Assets 2024: $390,513Net Assets 2024: $390,5132024

Highlighted filing

2024

Assets$390,513
Liabilities-
Net Assets$390,513

Operations Trend

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

$400K$200K$0-$200KRevenue 2021: $397,816Expenses 2021: $5,875Net Income 2021: $391,9412021Revenue 2022: $33,214Expenses 2022: $29,132Net Income 2022: $4,0822022Revenue 2023: $34,465Expenses 2023: $30,287Net Income 2023: $4,1782023Revenue 2024: $15,181Expenses 2024: $28,535Net Income 2024: -$13,3542024

Highlighted filing

2024

Revenue$15,181
Expenses$28,535
Net Income-$13,354

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 21, 2025
Return Version
2024v5.0
Gross Receipts
$15,181
Mission and Program Overview

Mission

Welcome to housing is a household goods bank and serves people in need in the bangor region. Our goal is to help individuals, including veterans and families succeed as they transition from area shelters to permanent housing by providing basic household items donated through the local community. We also help people displaced by fire and domestic violence.

Program Services

DescriptionGrantsExpenses
TO SOLICIT COMMUNITY SUPPORT TO COLLECT DONATIONS OF HOUSEHOLD ITEMS AND/OR FUNDS TO PURCHASE HOUSEHOLD ITEMS TO BE REDISTRIBUTED TO PEOPLE IN NEED FREE OF CHARGE. THE SERVED INDIVIDUALS INCLUDE VETERANS AND FAMILIES MOVING FROM SHELTER PROGRAMS TO PERMANENT HOUSING; PEOPLE DISPLACED BY DOMESTIC VIOLENCE; DISPLACED BY FIRE OR ANY OTHER DISASTER AND PEOPLE RE- ENTERING THE COMMUNITY FORM CORRECTIONS.-$28,267
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTOPHER OLSENPresidentPT$0--
LISA TISSARIVice PresidePT$0--
SAMMIJO THIBEAULTWh ManagerPT$0--
MELONY STOCKLEYSecretaryPT$0--
ROBIN PINKHAMTreasurerPT$0--
JAN DOUCETTEBoard Member-$0--
RONDA SAVAGEBoard Member-$0--
JOE LAWLORIt And Webma-$0--
DOUG DUNBARBoard Member-$0--
TYSON MARTINBoard Member-$0--
MARIE KAPLOWITZBoard Member-$0--
LAURA SANBORNBoard Member-$0--
SCOTT PARDYBoard Member-$0--
CYRSTAL WAICULONISBoard Member-$0--
GINGER SAINZBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Welcome to Housing Home Goods Bank
EIN
82-2050478
Phone
2077451287
Address
499 BROADWAY PMB 333, BANGOR, ME 04401

Signing Officer

Name
Christopher Olsen
Title
President
Phone
2077451287
Signed
2025-05-21
Discuss with paid preparer
Yes

Preparer

Firm
Coston & Mcisaac Cpas Chartered
Address
38 RODICK ST, BAR HARBOR, ME 04609
Preparer
Melinda Workman
Phone
2072889458
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 4,203 purchases of client items 1,709 delivery truck rentals 4,053 office expense 2,487 non-investment depreciation 1,052 total 13,504

Form 990-ez, Part II, Line 24

21,811 21,811 less accumulated depreciation 1,867 2,919 total 19,944 18,892

Form 990-ez, Part III

Welcome to housing is a household goods bank and serves people in need in the bangor region. Our goal is to help individuals, including veterans and families succeed as they transition from area shelters to permanent housing by providing basic household items donated through the local community. We also help people displaced by fire and domestic violence.

Form 990-ez, Part III, Line 28

To solicit community support to collect donations of household items and/or funds to purchase household items to be redistributed to people in need free of charge. The served individuals include veterans and families moving from shelter programs to permanent housing; people displaced by domestic violence; displaced by fire or any other disaster and people re- entering the community form corrections.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 4,203 PURCHASES OF CLIENT ITEMS 1,709 DELIVERY TRUCK RENTALS 4,053 OFFICE EXPENSE 2,487 NON-INVESTMENT DEPRECIATION 1,052 TOTAL 13,504
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WELCOME TO HOUSING IS A HOUSEHOLD GOODS BANK AND SERVES PEOPLE IN NEED IN THE BANGOR REGION. OUR GOAL IS TO HELP INDIVIDUALS, INCLUDING VETERANS AND FAMILIES SUCCEED AS THEY TRANSITION FROM AREA SHELTERS TO PERMANENT HOUSING BY PROVIDING BASIC HOUSEHOLD ITEMS DONATED THROUGH THE LOCAL COMMUNITY. WE ALSO HELP PEOPLE DISPLACED BY FIRE AND DOMESTIC VIOLENCE.
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