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Patten Housing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010332352 ✦ Caribou, ME ✦ Designated as a 501(c)(4)

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Overview

What is Patten Housing Corporation?

Patten Housing Corporation is a dedicated nonprofit organization, situated unspecified, that focuses on catering to the housing needs of low-income senior citizens. They achieve this mission by developing and managing retirement communities and senior citizen housing facilities. Their primary activity revolves around offering affordable living spaces for the elderly, ensuring they maintain a comfortable and secure lifestyle in their golden years.

Is Patten Housing Corporation legitimate?

Patten Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Patten Housing 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Patten Housing Corporation?

Patten Housing Corporation is dedicated to serving the housing needs of low-income seniors. They accomplish this mission through the operation of retirement communities and senior citizens housing facilities. The corporation's primary objective is to provide a comfortable living environment for the elderly population, ensuring they can maintain their independence and quality of life. By offering affordable housing options, Patten Housing Corporation plays a significant role in supporting and empowering senior citizens in their golden years. The organization's focus on senior housing reflects its commitment to addressing the unique needs and challenges faced by this demographic.

Who is the CEO of Patten Housing Corporation?

Shawn Pelletier is the Director of Patten Housing Corporation.

What is the revenue of Patten Housing Corporation?

Patten Housing Corporation's revenue in 2022 was $275,366.

Who are the executives of Patten Housing Corporation and what are their salaries?


Here are 6 key members and their salaries:


Donald Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Hafford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Myrick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenda Somers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Pelletier (Management A)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Patten Housing Corporation?

Patten Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Patten Housing Corporation

Patten Housing Corporation, as a nonprofit organization, is dedicated to providing low-income senior housing solutions. They accomplish this mission through the development and management of retirement communities and senior citizen housing facilities. The corporation's primary focus is on ensuring that elderly individuals have access to affordable living spaces, enhancing their quality of life during their golden years. By offering a variety of housing options, Patten Housing Corporation aims to cater to the unique needs and preferences of its senior residents, promoting a sense of community and belonging.

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Impact




October, 2024

Patten Housing Corporation significantly impacts the lives of low-income seniors by offering affordable housing solutions in Caribou, Maine. By specializing in retirement communities and senior citizens housing, the corporation addresses a critical need for safe and supportive living environments for elderly individuals on limited incomes. This focus not only enhances the quality of life for residents but also fosters a sense of community and belonging among the seniors. Through its dedicated efforts, Patten Housing Corporation plays a vital role in improving the well-being of vulnerable populations and ensuring that age-related housing challenges are met with compassion and care.




This information is meant to be a general summary of Patten Housing 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.

Revenue
$275,366 (2022)
Expenses
$297,490 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $135
  • Program Service Revenue: $275,231
  • Gross Receipts: $275,366

Assets and Liabilities:

  • Total Assets: $556,112
  • Total Liabilities: $75,196
  • Net Assets: $480,916

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW INCOME SENIOR HOUSING

Revenue

$132,525

RENT ASSISTANCE

Revenue

$109,928

OTHER INCOME

Revenue

$30,448

INTEREST SUBSIDY

Revenue

$1,830

SECURITY DEPOSIT

Revenue

$500

Organization Details

Principal Officer

Shawn Pelletier

Main Address

137 BENNETT DRIVE SUITE 2, CARIBOU, ME, 04736

NTEE Category

Code: L22Z - Housing

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