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Marsh Island Corporation C/O Housing Authority Of Old Town

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

EIN: 043379136 ✦ Old town, ME ✦ Designated as a 501(c)(3)

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Overview

What is Marsh Island Corporation C/O Housing Authority Of Old Town?

Marsh Island Corporation, under the umbrella of the Housing Authority of Old Town, is a nonprofit organization with a mission to provide affordable housing for low-income, elderly, and disabled individuals. Situated in Old Town, Maine, this organization focuses on developing, owning, and managing subsidized residential properties for eligible individuals who require such assistance. By offering subsidized housing, Marsh Island Corporation aims to contribute to the well-being of its community, ensuring that those in need have a secure and stable living environment.

Is Marsh Island Corporation C/O Housing Authority Of Old Town legitimate?

Marsh Island Corporation C/O Housing Authority Of Old Town is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marsh Island Corporation C/O Housing Authority Of Old Town 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 Marsh Island Corporation C/O Housing Authority Of Old Town?

Marsh Island Corporation, under the umbrella of the Housing Authority of Old Town, is dedicated to a mission of developing, owning, and managing subsidized residential housing for individuals who fall under the categories of low income, elderly, or disabled. Their primary goal is to provide affordable housing solutions for these qualified individuals, ensuring they have access to safe and comfortable living spaces. The corporation's activities primarily revolve around the acquisition, maintenance, and management of these subsidized housing units, aiming to improve the quality of life for those in need.

Who is the CEO of Marsh Island Corporation C/O Housing Authority Of Old Town?

Laurie Miller is the President of Marsh Island Corporation C/O Housing Authority Of Old Town.

What is the revenue of Marsh Island Corporation C/O Housing Authority Of Old Town?

Marsh Island Corporation C/O Housing Authority Of Old Town's revenue in 2023 was $3,804.

Who are the executives of Marsh Island Corporation C/O Housing Authority Of Old Town and what are their salaries?

There 7 volunteers at Marsh Island Corporation C/O Housing Authority Of Old Town.


Here are 8 key members and their salaries:


Jane Sturgeon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Smart (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Miller (Treasurer/Secretary)
  • Compensation: $0
  • Related: $111,128
  • Other: $23,726
Dennis Whitmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Randall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Watkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Thibodeau (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marsh Island Corporation C/O Housing Authority Of Old Town?

Marsh Island Corporation C/O Housing Authority Of Old Town's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Marsh Island Corporation C/O Housing Authority Of Old Town

Marsh Island Corporation C/O Housing Authority Of Old Town, as a mission-driven organization, is dedicated to developing, owning, and managing subsidized residential housing for individuals who fall under the categories of low income, elderly, or disabled. This nonprofit entity's primary goal is to provide affordable housing solutions for those in need, thereby enhancing their quality of life. By developing and managing subsidized residential properties, Marsh Island Corporation C/O Housing Authority Of Old Town aims to make housing more accessible and affordable for these vulnerable groups, thereby ensuring they have a safe and secure place to call home.

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Impact




October, 2024

Marsh Island Corporation C/O Housing Authority Of Old Town plays a vital role in addressing housing needs for low-income, elderly, and disabled individuals in Old Town, Maine. By developing, owning, and managing subsidized residential housing, the organization ensures that these vulnerable populations have access to safe and affordable living environments.

The impact of this initiative is multi-faceted. Firstly, it helps alleviate housing insecurity among those who may struggle to afford market-rate rents, providing stability and peace of mind. This stability can lead to improved health outcomes, as individuals have a secure place to live, which may reduce stress and promote overall well-being.

Additionally, by focusing on the elderly and disabled populations, Marsh Island Corporation acknowledges the specific challenges these groups face in the housing market. Consequently, the organization creates tailored housing solutions that cater to their unique needs, fostering a sense of community and inclusion among residents.

Overall, the efforts of Marsh Island Corporation contribute significantly to the social fabric of Old Town, enhancing the quality of life for many residents while also promoting economic stability in the community.




This information is meant to be a general summary of Marsh Island Corporation C/O Housing Authority Of Old Town. 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
$3,804 (2023)
Expenses
$1,596 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,804
  • Gross Receipts: $3,804

Assets and Liabilities:

  • Total Assets: $949,720
  • Total Liabilities: $0
  • Net Assets: $949,720

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Organization Details

Founding Year

1997

Principal Officer

Laurie Miller

Main Address

PO Box 404, Old Town, ME, 044680404

NTEE Category

Code: L210 - Housing

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