The Housing Foundation - M & D

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

EIN: 223090975 ✦ Orono, ME ✦ Designated as a 501(c)(3)

Overview

What is The Housing Foundation - M & D?

The Housing Foundation - M & D, situated in Orono, Maine, primarily functions as a nonprofit organization. Its primary focus is to provide affordable housing options for individuals with low income, ensuring they have a secure living space. In addition to housing, the foundation also offers related management services. Secondarily, it offers child care services to further support its community. With a team of 38 dedicated individuals, The Housing Foundation - M & D works diligently to enhance the living conditions and wellbeing of its constituents.


Is The Housing Foundation - M & D legitimate?

The Housing Foundation - M & D is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Housing Foundation - M & D 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.

Here are some key statistics you may want to consider:

Executive Compensation: $92,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,346,033

For more financial information, click here


What is the mission statement of The Housing Foundation - M & D?
Who is the CEO of The Housing Foundation - M & D?
What is the revenue of The Housing Foundation - M & D?
Who are the executives of The Housing Foundation - M & D and what are their salaries?
Where can I find the form 990 for The Housing Foundation - M & D?

Mission Statement of The Housing Foundation - M & D

The Housing Foundation - M & D, as its name suggests, is primarily dedicated to providing low-income housing. Beyond this primary objective, the organization also extends its services to include the management of these housing facilities. In a secondary capacity, The Housing Foundation - M & D offers child care services. The organization's mission is to ensure that individuals with limited financial resources have access to safe and suitable housing, and in doing so, contributes to the well-being of the community. Additionally, by offering child care services, The Housing Foundation - M & D aims to support the families residing in these facilities, enabling them to focus on their personal and financial development while their children are in safe and nurturing care.

Impact

This information is meant to be a general summary of The Housing Foundation - M & D. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Housing Foundation - M & D's impact primarily revolves around providing low-income housing and related management services. This initiative aims to make affordable housing accessible to those in need, thereby helping improve the living conditions and stability of individuals and families facing financial hardships. Additionally, the foundation also offers child care services as a secondary focus, demonstrating a holistic approach to supporting individuals and families in achieving a better quality of life. Through its efforts, The Housing Foundation - M & D contributes to addressing the housing needs of low-income individuals and families in Orono, ME, ultimately making a positive difference in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $15,012
  • Program Service Revenue: $2,655,314
  • Gross Receipts: $2,895,028

    • Assets and Liabilities:
  • Total Assets: $3,732,139
  • Total Liabilities: $384,669
  • Net Assets: $3,347,470
  • Programs

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

    SUPPORT SERVICE INCOME

    Revenue

    $2,171,395

    DAYCARE FEES

    Revenue

    $289,384

    RENTAL REVENUE

    Revenue

    $144,023

    MANAGEMENT FEE REVENUE

    Revenue

    $511

    Organization Details

    Founding Year

    1969

    Principal Officer

    Duska Hayman

    Main Address

    353 MAIN STREET, ORONO, ME, 04473

    NTEE Category

    Code: L20 - Housing

    If you are a representative of The Housing Foundation - M & D and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.