Overview
What is Maple Housing Development Fund Corporation?
Maple Housing Development Fund Corporation is a nonprofit organization situated in South Portland, Maine. Their primary mission is to develop affordable housing for individuals with low income, operating on a not-for-profit basis. During a recent filing period, they supported Maple Green, L.P., aiding in the renovation and redevelopment of Maple Court Apartments in Watertown, NY. This was achieved through the provision of a loan from Maple Housing Development Fund Corporation's New York State Energy and Research Development Authority Grant, designated to Maple Green, L.P. The organization's work in Watertown highlights their commitment to improving affordable living conditions for those in need.
Is Maple Housing Development Fund Corporation legitimate?
Maple Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Maple Housing Development Fund Corporation 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 Maple Housing Development Fund Corporation?
The Maple Housing Development Fund Corporation is dedicated to a mission of creating, on a non-profit basis, housing facilities for individuals with low income. They achieve this by supporting initiatives that renovate and redevelop affordable housing projects, as demonstrated by their support for the renovation of Maple Court Apartments in Watertown, NY. The corporation fulfills this mission by providing financial assistance, such as a loan from their New York State Energy and Research Development Authority Grant, to designated entities like Maple Green, L.P. Overall, their primary goal is to contribute to the availability of affordable housing for those in need.
Who is the CEO of Maple Housing Development Fund Corporation?
Charles E Allen is the President of Maple Housing Development Fund Corporation.
What is the revenue of Maple Housing Development Fund Corporation?
Maple Housing Development Fund Corporation's revenue in 2022 was $12,950.
Who are the executives of Maple Housing Development Fund Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Maple Housing Development Fund Corporation?
Maple Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maple Housing Development Fund Corporation
Maple Housing Development Fund Corporation, as a non-profit entity, is dedicated to fulfilling a noble mission. This mission involves the development of affordable housing projects, catering to individuals with income levels below the average. To achieve this objective, the corporation operates on a not-for-profit basis. During the specified filing period, Maple Housing Development Fund Corporation supported the renovation and redevelopment of Maple Court Apartments, an affordable housing development in Watertown, NY. To facilitate this project, the corporation provided a loan from its New York State Energy and Research Development Authority Grant to its designated partner, Maple Green, L.P. In essence, Maple Housing Development Fund Corporation actively works towards enhancing living conditions for low-income individuals by constructing and renovating affordable housing facilities.
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Impact
October, 2024
Maple Housing Development Fund Corporation significantly impacts the community by facilitating affordable housing projects for low-income individuals. Recently, it contributed to the renovation and redevelopment of Maple Court Apartments in Watertown, NY, enhancing living conditions for residents in need. By providing financial support through a loan from the New York State Energy and Research Development Authority Grant to Maple Green, L.P., the organization ensures that critical housing initiatives are realized. This effort not only helps alleviate housing insecurity but also fosters sustainable development in the area, contributing to the overall well-being of the community.
This information is meant to be a general summary of Maple Housing Development Fund Corporation. 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: $12,950
- Gross Receipts: $12,950
Assets and Liabilities:
- Total Assets: $613,721
- Total Liabilities: $0
- Net Assets: $613,721
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Organization Details
Founding Year
2013
Phone
(207) 774-6989Principal Officer
Charles E Allen
Main Address
261 Gorham Road, South Portland, ME, 04106
NTEE Category
Code: L25 - Housing
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