Overview
What is Guilford Development Corporation?
Guilford Development Corporation is a nonprofit organization situated in Guilford, Maine, specifically at 99 Riverbend Drive. Their primary objective is to provide secure and affordable housing solutions for low to moderate income seniors and individuals with disabilities. With a small workforce of two dedicated individuals, this organization is dedicated to making a significant impact in their community. They focus on ensuring the housing needs of those who are most vulnerable are met, enabling them to live with dignity and independence.
Is Guilford Development Corporation legitimate?
Guilford Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Guilford Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $61,542
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What is the mission statement of Guilford Development Corporation?
The Guilford Development Corporation's mission is centered around providing affordable housing for individuals who fall into the low to moderate income bracket, specifically focusing on seniors and individuals with disabilities. This non-profit organization strives to ensure the safety and affordability of these living spaces, working tirelessly to meet the housing needs of these vulnerable populations. By offering such accommodations, the Guilford Development Corporation aims to contribute positively to the well-being and livelihood of these individuals, providing them with a secure and suitable place to call home.
Who is the CEO of Guilford Development Corporation?
Thomas Goulette is the Director of Guilford Development Corporation.
What is the revenue of Guilford Development Corporation?
Guilford Development Corporation's revenue in 2022 was $332,939.
Who are the executives of Guilford Development Corporation and what are their salaries?
The average compensation at Guilford Development Corporation during 2022 was $30,771. There are 2 employees at Guilford Development Corporation.
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Where can I find the form 990 for Guilford Development Corporation?
Guilford Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Guilford Development Corporation
Guilford Development Corporation, as a nonprofit organization, is dedicated to providing safe and affordable housing options for individuals who fall under the categories of low to moderate income seniors and disabled people. Their mission is centered around the concept of ensuring that these vulnerable groups have access to secure and reasonably priced living spaces, thereby improving their quality of life. By offering housing solutions tailored to their specific needs, Guilford Development Corporation aims to provide a sense of stability and security, enabling these individuals to focus on other aspects of their lives with peace of mind.
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Impact
October, 2024
Guilford Development Corporation significantly impacts the community by ensuring safe and affordable housing for low to moderate-income seniors and individuals with disabilities. By providing accessible living options, the organization improves the quality of life for these vulnerable populations, helping them maintain independence and dignity in a supportive environment. The availability of affordable housing contributes to the overall stability of the community, fostering a sense of belonging and security among residents. This initiative not only addresses immediate housing needs but also promotes long-term social and economic well-being within Guilford, Maine.
This information is meant to be a general summary of Guilford Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $318
- Program Service Revenue: $325,676
- Gross Receipts: $332,939
Assets and Liabilities:
- Total Assets: $647,797
- Total Liabilities: $1,162,831
- Net Assets: -$515,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$325,676
Organization Details
Founding Year
1971
Phone
(207) 876-4239Principal Officer
Thomas Goulette
Main Address
99 RIVERBEND DRIVE, GUILFORD, ME, 04443
NTEE Category
Code: L20 - Housing
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