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Caribou Congregate Housing Development Corporation Inc

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

EIN: 222557798 ✦ Presque isle, ME ✦ Designated as a 501(c)(3)

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Overview

What is Caribou Congregate Housing Development Corporation Inc?

Caribou Congregate Housing Development Corporation Inc, situated in Presque Isle, Maine, is a nonprofit organization primarily focused on providing housing solutions for the elderly community. Their mission revolves around offering residential services to senior citizens, ensuring a comfortable living environment for this demographic. The organization's primary activity lies in catering to the housing needs of the elderly, offering a retirement home or senior housing program. By providing suitable accommodations, this nonprofit organization seeks to enhance the quality of life for its elderly residents.

Is Caribou Congregate Housing Development Corporation Inc legitimate?

Caribou Congregate Housing Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caribou Congregate Housing Development Corporation Inc 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 Caribou Congregate Housing Development Corporation Inc?

The Caribou Congregate Housing Development Corporation, serving as a retirement home or senior housing program, is dedicated to providing housing solutions for the elderly. Its mission is centered around ensuring the elderly have a place to call home, offering them a secure living environment. The corporation is committed to meeting the housing needs of this demographic, thereby contributing to their overall well-being and quality of life.

Who is the CEO of Caribou Congregate Housing Development Corporation Inc?

Kenneth Phelps is the President of Caribou Congregate Housing Development Corporation Inc.

What is the revenue of Caribou Congregate Housing Development Corporation Inc?

Caribou Congregate Housing Development Corporation Inc's revenue in 2023 was $222,279.

Who are the executives of Caribou Congregate Housing Development Corporation Inc and what are their salaries?


Here are 9 key members and their salaries:


Joy Barresi-Saucier (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Brissette (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Cullins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Farnham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Murchison (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Nadeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Phelps (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Plourde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Poitras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Caribou Congregate Housing Development Corporation Inc?

Caribou Congregate Housing Development Corporation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Caribou Congregate Housing Development Corporation Inc

Caribou Congregate Housing Development Corporation is dedicated to fulfilling a vital mission: providing housing for elderly residents. This nonprofit organization, based in Presque Isle, ME, is committed to offering a living space that caters specifically to the elderly population. By prioritizing housing, Caribou Congregate Housing Development Corporation aims to ensure that the elderly have a secure and comfortable environment in which to spend their later years. The organization's mission is a testament to its dedication to the well-being and needs of the elderly community.

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Impact




October, 2024

Caribou Congregate Housing Development Corporation Inc plays a vital role in the community by providing essential housing for elderly residents. Located in Presque Isle, ME, it addresses a critical need for senior housing, ensuring that older adults have access to safe, secure, and supportive living environments. By offering specialized accommodations, it enhances the quality of life for seniors, promoting independence while also fostering a sense of community among residents. This initiative helps alleviate the challenges associated with aging, allowing elderly individuals to maintain their dignity and well-being as they transition into later stages of life. Through its dedication to housing, the organization contributes significantly to the overall health and stability of the community, supporting not only the residents but also their families and caregivers.




This information is meant to be a general summary of Caribou Congregate Housing Development Corporation Inc. 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
$222,279 (2023)
Expenses
$232,575 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $6,179
  • Program Service Revenue: $214,799
  • Gross Receipts: $222,279

Assets and Liabilities:

  • Total Assets: $336,703
  • Total Liabilities: $836,242
  • Net Assets: -$499,539

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Programs

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

RENTAL ASSISTANCE

Revenue

$141,731

TENANT RENT

Revenue

$73,068

Organization Details

Founding Year

1984

Principal Officer

Kenneth Phelps

Main Address

PO BOX 1288, PRESQUE ISLE, ME, 04769

NTEE Category

Code: L22Z - Housing

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