Overview
What is South Windham Housing Corporation C/O Avesta Housing Development Corp?
South Windham Housing Corporation, under the umbrella of Avesta Housing Development Corp, is a nonprofit organization situated in Portland, Maine. Their primary mission is to offer affordable housing to eligible residents, operating a 24-unit apartment complex within the city. This initiative aims to cater to individuals with low income, providing them with a secure living space. The organization's work contributes positively to the local community by ensuring that low-income individuals have access to decent housing options.
Is South Windham Housing Corporation C/O Avesta Housing Development Corp legitimate?
South Windham Housing Corporation C/O Avesta Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Windham Housing Corporation C/O Avesta Housing Development Corp 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of South Windham Housing Corporation C/O Avesta Housing Development Corp?
South Windham Housing Corporation, in partnership with Avesta Housing Development Corp, is committed to providing affordable housing opportunities for eligible individuals. This is achieved through the operation of a 24-unit apartment complex, located in an unspecified location. The corporation's primary objective is to cater to those with limited income, ensuring they have access to suitable housing. By doing so, the corporation contributes to the betterment of the community by providing a stable living environment for its tenants.
Who is the CEO of South Windham Housing Corporation C/O Avesta Housing Development Corp?
Eric Boucher is the Director of South Windham Housing Corporation C/O Avesta Housing Development Corp. The CEO's salary of South Windham Housing Corporation C/O Avesta Housing Development Corp is $0 and their total compensation is $226,435.
What is the revenue of South Windham Housing Corporation C/O Avesta Housing Development Corp?
South Windham Housing Corporation C/O Avesta Housing Development Corp's revenue in 2022 was $240,243.
Who are the executives of South Windham Housing Corporation C/O Avesta Housing Development Corp and what are their salaries?
Here are 23 key members and their salaries (South Windham Housing Corporation C/O Avesta Housing Development Corp's CEO's salary is $0 and their total compensation is $226,435):
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- Related: $238,190
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- Related: $185,435
- Other: $41,000
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- Related: $157,819
- Other: $27,000
Where can I find the form 990 for South Windham Housing Corporation C/O Avesta Housing Development Corp?
South Windham Housing Corporation C/O Avesta Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Windham Housing Corporation C/O Avesta Housing Development Corp
South Windham Housing Corporation, an affiliate of Avesta Housing Development Corp, is dedicated to providing low-income housing solutions. In particular, this nonprofit organization operates a 24-unit apartment complex, located in Portland, Maine, with the primary objective of accommodating qualified tenants who fall under the low-income bracket. By offering affordable housing options, South Windham Housing Corporation contributes to the well-being and stability of its residents, enabling them to focus on other aspects of their lives. The corporation's mission is to create a supportive community where individuals and families can call home, regardless of their financial circumstances.
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Impact
October, 2024
South Windham Housing Corporation C/O Avesta Housing Development Corp significantly impacts the community by providing low-income housing options to qualified tenants in Portland, ME. Operating a 24-unit apartment complex, the organization addresses the critical need for affordable housing in the area, helping to alleviate housing insecurity for individuals and families. By offering stable living conditions, it empowers residents to focus on personal and economic growth, fostering a sense of community and improving overall quality of life. The availability of such housing plays a crucial role in preventing homelessness and supporting the local economy by enabling residents to remain part of the community.
This information is meant to be a general summary of South Windham Housing Corporation C/O Avesta Housing Development Corp. 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: $297
- Program Service Revenue: $111,677
- Gross Receipts: $240,243
Assets and Liabilities:
- Total Assets: $2,418,368
- Total Liabilities: $252,792
- Net Assets: $2,165,576
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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
$108,859
LAUNDRY/MISCELLANEOUS
Revenue
$2,818
Organization Details
Founding Year
2005
Phone
(207) 553-7777Principal Officer
Eric Boucher
Main Address
307 CUMBERLAND AVENUE, PORTLAND, ME, 04101
NTEE Category
Code: L20 - Housing
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