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Houlton Housing For The Elderly

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

EIN: 510192416 ✦ Houlton, ME ✦ Designated as a 501(c)(3)

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Overview

What is Houlton Housing For The Elderly?

Houlton Housing for the Elderly is a nonprofit organization dedicated to offering affordable housing solutions for senior citizens. Their primary focus is on managing the operational expenses associated with rental housing for this demographic. Through various programs, they strive to provide low-income housing options to support the elderly community.

Is Houlton Housing For The Elderly legitimate?

Houlton Housing For The Elderly is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houlton Housing For The Elderly 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: $20,150

For more financial information, click here

What is the mission statement of Houlton Housing For The Elderly?

Houlton Housing For The Elderly has a mission to provide affordable housing solutions for senior citizens. They achieve this goal through various programs, primarily focusing on managing the operational expenses associated with rental housing. The organization's main aim is to ensure that elderly individuals with limited income have access to safe and comfortable living spaces. By doing so, Houlton Housing for the Elderly aims to contribute positively to the well-being and quality of life for senior citizens in need.

Who is the CEO of Houlton Housing For The Elderly?

Gregory Swallow is the Vice Preside of Houlton Housing For The Elderly.

What is the revenue of Houlton Housing For The Elderly?

Houlton Housing For The Elderly's revenue in 2022 was $224,490.

Who are the executives of Houlton Housing For The Elderly and what are their salaries?


Here are 3 key members and their salaries:


Ralph Ivey (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Swallow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendell Wood (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Houlton Housing For The Elderly?

Houlton Housing For The Elderly's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Houlton Housing For The Elderly

Houlton Housing for the Elderly is a nonprofit organization dedicated to providing low-income housing options for seniors. Their primary mission revolves around managing and funding the operational expenses associated with rental housing for the elderly population. By offering these housing solutions, Houlton Housing for the Elderly aims to contribute positively to the lives of elderly individuals, providing them with a secure and affordable place to reside. The organization's efforts are geared towards ensuring that seniors can maintain their independence and dignity, while also alleviating financial burdens related to housing costs.

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Impact




October, 2024

Houlton Housing For The Elderly has a significant impact on the community by offering low-income housing options specifically designed for seniors. By addressing the need for affordable housing, it alleviates financial pressures on elderly individuals and enables them to maintain independence and dignity in their living situations.

Through various programs, the organization focuses on covering operating expenses related to rental housing, which directly supports the sustainability and accessibility of these living spaces. The presence of Houlton Housing For The Elderly in Houlton, Maine, fosters a sense of community and stability, allowing seniors to thrive and engage with others. This not only enhances their quality of life but also contributes to the overall social fabric of the area, ensuring that elderly residents have a safe and supportive environment to call home.




This information is meant to be a general summary of Houlton Housing For The Elderly. 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
$224,490 (2022)
Expenses
$230,940 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $224,478
  • Gross Receipts: $224,490

Assets and Liabilities:

  • Total Assets: $270,414
  • Total Liabilities: $133,820
  • Net Assets: $136,594

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Programs

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

RENTAL INCOME

Revenue

$219,888

INTEREST SUBSIDY INCOME

Revenue

$2,668

LAUNDRY INCOME

Revenue

$1,922

Organization Details

Founding Year

1976

Principal Officer

Gregory Swallow

Main Address

15 MAHER AVENUE, HOULTON, ME, 04730

NTEE Category

Code: L22Z - Housing

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