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Island Workforce Housing

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

EIN: 833534060 ✦ Deer isle, ME ✦ Designated as a 501(c)(3)

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Overview

What is Island Workforce Housing?

Island Workforce Housing is a nonprofit organization situated in Deer Isle, Maine. Their primary mission is to establish long-term, affordable housing options for hardworking individuals and families residing in Deer Isle and Stonington. Their activities are centered around creating affordable housing solutions, which are essential for maintaining a stable living environment for these communities' workforce. The organization's work contributes to the overall well-being of the local community by ensuring affordable housing options for its residents.


Official website here: www.islandworkforcehousing.org

Is Island Workforce Housing legitimate?

Island Workforce Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Workforce Housing 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


Official website here: www.islandworkforcehousing.org

What is the mission statement of Island Workforce Housing?

Island Workforce Housing's mission is centered around creating affordable housing solutions. This organization strives to provide permanent housing options for individuals and families who are employed within the communities of Deer Isle and Stonington. By doing so, they aim to address the housing affordability issue, ensuring that local workers can reside in the areas where they contribute to the community's economic growth. The organization's activities focus on developing and facilitating housing solutions that are sustainable and accessible to the working population.


Official website here: www.islandworkforcehousing.org

Who is the CEO of Island Workforce Housing?

Peter Roth is the Secretary of Island Workforce Housing.


Official website here: www.islandworkforcehousing.org

What is the revenue of Island Workforce Housing?

Island Workforce Housing's revenue in 2022 was $197,763.


Official website here: www.islandworkforcehousing.org

Who are the executives of Island Workforce Housing and what are their salaries?


Here are 12 key members and their salaries:


Henry Teverow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Roth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ciona Ulbrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Kumeiga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Hutchinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Buxton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Barrows (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Kirsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Dewey-Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.islandworkforcehousing.org

Where can I find the form 990 for Island Workforce Housing?

Island Workforce Housing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.islandworkforcehousing.org

Learn more at the official website: www.islandworkforcehousing.org

Mission Statement of Island Workforce Housing

Island Workforce Housing, as an organization, is dedicated to crafting housing solutions that are perpetually affordable for individuals and families who are employed within the communities of Deer Isle and Stonington. Its mission is to bridge the gap between housing costs and the income of local workers, ensuring that they can maintain a stable living environment. By creating affordable housing options, Island Workforce Housing aims to support the local workforce and contribute to the overall well-being of these communities.

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Impact




October, 2024

Island Workforce Housing significantly addresses the critical need for affordable housing in Deer Isle and Stonington. By focusing on the creation of housing solutions tailored for individuals and families working in these communities, it ensures that essential workers can live close to their jobs, fostering a sustainable local economy. The organization promotes long-term affordability, which not only stabilizes the housing market but also enhances community resilience by keeping local talent within the area. This impact is particularly vital in maintaining the vibrancy and diversity of these coastal towns, allowing residents to thrive while contributing to the local culture and economy.




This information is meant to be a general summary of Island Workforce Housing. 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
$197,763 (2022)
Expenses
$29,284 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $399
  • Gross Receipts: $197,763

Assets and Liabilities:

  • Total Assets: $1,687,995
  • Total Liabilities: $28,365
  • Net Assets: $1,659,630

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Organization Details

Founding Year

2019

Principal Officer

Peter Roth

Main Address

PO Box 523, Deer Isle, ME, 04627

NTEE Category

Code: L80 - Housing

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