New Marblehead Seniors Housing Corp C/O Avesta Housing

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

EIN: 010353352 ✦ Portland, ME ✦ Designated as a 501(c)(3)

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Overview

What is New Marblehead Seniors Housing Corp C/O Avesta Housing?

New Marblehead Seniors Housing Corp C/O Avesta Housing is a nonprofit organization dedicated to offering subsidized, affordable housing solutions for the elderly. Their mission is centered around providing senior citizen housing and retirement communities, catering specifically to individuals with limited income. This corporation strives to make living arrangements accessible and comfortable for the elderly population, contributing to their overall well-being.

Is New Marblehead Seniors Housing Corp C/O Avesta Housing legitimate?

New Marblehead Seniors Housing Corp C/O Avesta Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Marblehead Seniors Housing Corp C/O Avesta Housing 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 New Marblehead Seniors Housing Corp C/O Avesta Housing?

New Marblehead Seniors Housing Corp, under the management of Avesta Housing, is committed to providing low-income housing solutions for the elderly. This is accomplished through the development and maintenance of retirement communities and senior citizen housing facilities. The organization's mission is centered around offering subsidized housing options, ensuring that elderly individuals have access to affordable housing solutions, thereby improving their living conditions and quality of life.

Who is the CEO of New Marblehead Seniors Housing Corp C/O Avesta Housing?

Eric Boucher is the Director of New Marblehead Seniors Housing Corp C/O Avesta Housing. The CEO's salary of New Marblehead Seniors Housing Corp C/O Avesta Housing is $0 and their total compensation is $226,435.

What is the revenue of New Marblehead Seniors Housing Corp C/O Avesta Housing?

New Marblehead Seniors Housing Corp C/O Avesta Housing's revenue in 2022 was $245,522.

Who are the executives of New Marblehead Seniors Housing Corp C/O Avesta Housing and what are their salaries?


Here are 23 key members and their salaries (New Marblehead Seniors Housing Corp C/O Avesta Housing's CEO's salary is $0 and their total compensation is $226,435):


Tony Cipollone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Culley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice De Lima (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Twitchell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Fay-Leblanc Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Parham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Agnew (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Bass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chomba Kaluba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Elkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Patstone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raissa Kaze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Poore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Stockbridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Pitegoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Totman (Chief Executive Officer)
  • Compensation: $0
  • Related: $238,190
  • Other: $47,500
Kim Farrar (Vp Of Strategic Initiative)
  • Compensation: $0
  • Related: $141,377
  • Other: $16,009
Eric Boucher (Chief Financial Officer)
  • Compensation: $0
  • Related: $178,194
  • Other: $41,000
Rebecca Hatfield (Chief Executive Officer)
  • Compensation: $0
  • Related: $185,435
  • Other: $41,000
Katy Smith (Vp Of Senior Living)
  • Compensation: $0
  • Related: $157,819
  • Other: $27,000
Where can I find the form 990 for New Marblehead Seniors Housing Corp C/O Avesta Housing?

New Marblehead Seniors Housing Corp C/O Avesta Housing's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Marblehead Seniors Housing Corp C/O Avesta Housing

New Marblehead Seniors Housing Corp C/O Avesta Housing is dedicated to providing low-income housing solutions for the elderly. As part of its mission, the organization manages retirement communities and senior citizen housing, offering subsidized living options for those in need. By doing so, New Marblehead Seniors Housing Corp C/O Avesta Housing aims to provide a secure and comfortable living environment for the elderly, allowing them to maintain their independence and dignity during their golden years. The corporation's commitment to this mission reflects its belief in the importance of ensuring that every individual, regardless of their financial situation, has access to safe and affordable housing.

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Impact




October, 2024

New Marblehead Seniors Housing Corp C/O Avesta Housing plays a vital role in enhancing the quality of life for elderly individuals by providing subsidized low-income housing options in Portland, ME. By creating accessible retirement communities and senior citizen housing, it addresses a significant need for affordable living arrangements for seniors, who often face economic challenges.

This initiative not only alleviates housing insecurity among the elderly but also fosters a sense of community and belonging, which is crucial for mental and emotional well-being. The Corporation's impact extends beyond mere housing; it contributes to the overall stability of families and individuals by ensuring that seniors have a safe and supportive environment where they can thrive. Through these efforts, New Marblehead Seniors Housing Corp enhances the social fabric of the community by allowing seniors to maintain their independence while having access to necessary amenities and services.




This information is meant to be a general summary of New Marblehead Seniors Housing Corp C/O Avesta Housing. 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
$245,522 (2022)
Expenses
$273,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $113
  • Program Service Revenue: $101,272
  • Gross Receipts: $245,522

Assets and Liabilities:

  • Total Assets: $783,847
  • Total Liabilities: $957,903
  • Net Assets: -$174,056

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Programs

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

TENANT RENTAL INCOME

Revenue

$99,285

LAUNDRY/VENDING

Revenue

$1,987

Organization Details

Founding Year

1977

Principal Officer

Eric Boucher

Main Address

307 CUMBERLAND AVENUE, PORTLAND, ME, 04101

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