Saco Voanne Senior Housing Inc

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

EIN: 273663183 ✦ Brunswick, ME ✦ Designated as a 501(c)(3)

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Overview

What is Saco Voanne Senior Housing Inc?

Saco Voanne Senior Housing Inc, located at 14 Maine Street Suite 100, Brunswick, ME 04011, is a nonprofit organization dedicated to providing housing solutions for the elderly. In line with Section 202 of the National Housing Act, they have entered into an agreement with the U.S. Department of H.U.D., committing to offer suitable living spaces for elderly individuals. Their mission remains focused on enhancing the living conditions of senior citizens, ensuring they have access to secure and comfortable housing.

Is Saco Voanne Senior Housing Inc legitimate?

Saco Voanne Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saco Voanne Senior Housing 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 Saco Voanne Senior Housing Inc?

Saco Voanne Senior Housing Inc, as per its mission, is committed to providing housing solutions for the elderly population. This commitment is in line with Section 202 of the National Housing Act, under an agreement with the U.S. Department of H.U.D. The organization's primary goal is to offer a conducive living environment for senior citizens, ensuring their well-being and comfort. The housing provided is intended to cater to their unique needs, thereby enhancing their quality of life. Saco Voanne Senior Housing Inc's mission is a testament to its dedication towards serving the elderly community, offering them a secure and homely environment.

Who is the CEO of Saco Voanne Senior Housing Inc?

Jessie Lilly is the President/Ceo of Saco Voanne Senior Housing Inc. The CEO's salary of Saco Voanne Senior Housing Inc is $0 and their total compensation is $207,321.

What is the revenue of Saco Voanne Senior Housing Inc?

Saco Voanne Senior Housing Inc's revenue in 2022 was $265,212.

Who are the executives of Saco Voanne Senior Housing Inc and what are their salaries?

There 3 volunteers at Saco Voanne Senior Housing Inc.


Here are 5 key members and their salaries (Saco Voanne Senior Housing Inc's CEO's salary is $0 and their total compensation is $207,321):


Richard Hooks Wayman (President/Ceo)
  • Compensation: $0
  • Related: $121,481
  • Other: $85,840
Brad Macdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Pladsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Lilly (Cfo & Treasurer/Secretary)
  • Compensation: $0
  • Related: $89,310
  • Other: $28,444
Where can I find the form 990 for Saco Voanne Senior Housing Inc?

Saco Voanne Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Saco Voanne Senior Housing Inc

Saco Voanne Senior Housing Inc is dedicated to providing housing solutions for the elderly, operating under the provisions of Section 202 of the National Housing Act. This nonprofit organization enters into an agreement with the U.S. Department of H.U.D., committing itself to offering secure and suitable living spaces for the elderly population. The mission of Saco Voanne Senior Housing Inc is to make a significant impact in the lives of its elderly residents, ensuring they have access to comfortable and supportive housing environments. The organization's goal is to foster a sense of community and independence for its senior residents, enabling them to maintain their quality of life while benefiting from the security and safety provided by the organization.

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Impact




October, 2024

Saco Voanne Senior Housing Inc plays a vital role in enhancing the quality of life for elderly individuals in Brunswick, ME. By providing housing specifically designed for seniors under Section 202 of the National Housing Act, the organization ensures that this vulnerable demographic has access to safe and affordable living accommodations. This impact extends beyond mere shelter; it fosters a sense of community and belonging among residents, promoting social interaction and support networks.

Through its partnership with the U.S. Department of Housing and Urban Development (HUD), Saco Voanne Senior Housing Inc addresses critical needs for low-income seniors, helping them maintain independence while also providing the necessary resources to thrive. The availability of such housing contributes to the overall improvement of the community by creating stable living environments that encourage the well-being of elderly residents. In turn, this enhances community cohesion and supports the broader goals of community improvement.




This information is meant to be a general summary of Saco Voanne Senior Housing 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
$265,212 (2022)
Expenses
$371,829 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $169
  • Program Service Revenue: $265,043
  • Gross Receipts: $265,212

Assets and Liabilities:

  • Total Assets: $4,107,411
  • Total Liabilities: $24,697
  • Net Assets: $4,082,714

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Programs

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

Rent Revenue

Revenue

$263,802

Other Revenue

Revenue

$1,241

Organization Details

Founding Year

2010

Principal Officer

Jessie Lilly

Main Address

14 Maine Street Suite 100, Brunswick, ME, 04011

NTEE Category

Code: S80 - Community improvement

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