Overview
What is Maine Housing And Building Materials Exchange?
Maine Housing and Building Materials Exchange is a nonprofit organization located in Sabattus, Maine. Their primary mission is to support low-income homeowners by providing them with new and recycled building materials at a reduced cost of 75% of retail value. This initiative aims to make construction materials more accessible and affordable for individuals in need. Additionally, the organization takes on an educational role, educating these homeowners about product awareness and construction materials, including installation methods. The nonprofit currently employs a team of nine individuals, dedicated to fulfilling this mission.
Official website here: www.mainebme.org
Is Maine Housing And Building Materials Exchange legitimate?
Maine Housing And Building Materials Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Housing And Building Materials Exchange 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: $50,308
For more financial information, click here
Official website here: www.mainebme.org
What is the mission statement of Maine Housing And Building Materials Exchange?
The Maine Housing and Building Materials Exchange aims to support low-income homeowners by providing them with both new and recycled building materials at affordable prices. The organization's mission also involves educating these homeowners about various construction materials and their installation processes, fostering product awareness among them. By offering building materials at a 75% discount of their retail value, the exchange aims to make home improvements more accessible for low-income homeowners.
Official website here: www.mainebme.org
Who is the CEO of Maine Housing And Building Materials Exchange?
Peter Taggart is the Treasurer of Maine Housing And Building Materials Exchange.
Official website here: www.mainebme.org
What is the revenue of Maine Housing And Building Materials Exchange?
Maine Housing And Building Materials Exchange's revenue in 2023 was $108,351.
Official website here: www.mainebme.org
Who are the executives of Maine Housing And Building Materials Exchange and what are their salaries?
The average compensation at Maine Housing And Building Materials Exchange during 2023 was $5,590. There are 9 employees at Maine Housing And Building Materials Exchange.
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Official website here: www.mainebme.org
Where can I find the form 990 for Maine Housing And Building Materials Exchange?
Maine Housing And Building Materials Exchange's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mainebme.org
Learn more at the official website: www.mainebme.org
Mission Statement of Maine Housing And Building Materials Exchange
Maine Housing and Building Materials Exchange is dedicated to serving low-income homeowners by offering both new and recycled building materials at an affordable price. The organization's mission is multifaceted, aiming not only to provide these materials at a discounted 75% of their retail value but also to educate these homeowners about product awareness and construction materials. By doing so, Maine Housing and Building Materials Exchange empowers its clients, enabling them to make informed decisions and potentially save even more money during their construction projects. The organization's work in providing affordable building materials and educating homeowners is a valuable resource for those in need, contributing to the overall well-being and financial stability of its clientele.
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Impact
October, 2024
Maine Housing And Building Materials Exchange significantly impacts low-income homeowners by providing access to new and recycled building materials at a fraction of retail prices, specifically 75% off. This affordable pricing model enables homeowners to undertake necessary repairs, renovations, and improvements that might otherwise be financially out of reach.
In addition to offering materials, the organization focuses on educating low-income homeowners about product awareness, construction materials, and installation techniques. This empowers individuals with the knowledge they need to make informed decisions regarding home improvement projects, enhancing their skills and confidence in managing their living spaces.
By addressing affordability and education, the organization not only alleviates immediate financial burdens but also fosters long-term stability and self-sufficiency within the community. The overall effect creates a ripple of positive change, enabling homeowners to improve their quality of life while also promoting sustainable practices through the use of recycled materials. Through these efforts, Maine Housing And Building Materials Exchange plays a crucial role in supporting and uplifting local communities in Sabattus and beyond.
This information is meant to be a general summary of Maine Housing And Building Materials Exchange. 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 2023.
- Investment Income: $7,883
- Gross Receipts: $151,145
Assets and Liabilities:
- Total Assets: $552,047
- Total Liabilities: $241,979
- Net Assets: $310,068
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Organization Details
Founding Year
1987
Phone
(207) 865-2281Principal Officer
Peter Taggart
Main Address
PO BOX 913, SABATTUS, ME, 04280
Website
www.mainebme.orgNTEE Category
Code: L80Z - Housing
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