Voanne Oak Street House Inc

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

EIN: 853065081 ✦ Brunswick, ME ✦ Designated as a 501(c)(3)

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Overview

What is Voanne Oak Street House Inc?

Voanne Oak Street House Inc, located at 14 Maine Street Suite 100, Brunswick, ME 04011, is a dedicated nonprofit organization that prioritizes offering affordable housing opportunities to eligible individuals. This mission is the core of their activities and operations, aiming to make housing accessible for those who qualify. The organization's commitment to this cause is evident in their work and mission statement.

Is Voanne Oak Street House Inc legitimate?

Voanne Oak Street House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voanne Oak Street House 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 Voanne Oak Street House Inc?

Voanne Oak Street House Inc is committed to serving a specific group of individuals by offering them affordable housing opportunities. This mission is carried out through the provision of suitable living spaces to qualified persons, ensuring they have access to reasonably priced housing solutions. By doing so, the organization aims to contribute positively to the lives of these individuals, enhancing their living conditions and promoting overall well-being. The focus is on making housing more affordable, thereby providing a vital service to those who may otherwise struggle to secure suitable accommodation within their means.

Who is the CEO of Voanne Oak Street House Inc?

Richard Hooks Wayman is the CEO of Voanne Oak Street House Inc The CEO's salary of Voanne Oak Street House Inc is $0 and their total compensation is $215,480.

What is the revenue of Voanne Oak Street House Inc?

Voanne Oak Street House Inc's revenue in 2024 was $129,967.

Who are the executives of Voanne Oak Street House Inc and what are their salaries?

There 3 volunteers at Voanne Oak Street House Inc.

Here are 7 key members and their salaries (Voanne Oak Street House Inc's CEO's salary is $0 and their total compensation is $215,480):


Richard Hooks Wayman (President/Ceo)
  • Compensation: $0
  • Related: $118,626
  • Other: $96,854
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
Terry Baldwin (Coo)
  • Compensation: $0
  • Related: $130,862
  • Other: $12,374
Keith Gibson (Cfo & Treasurer/Secretary)
  • Compensation: $0
  • Related: $12,499
  • Other: $0
Pamela Zagorski (Past Cfo & Treasurer/Secretary)
  • Compensation: $0
  • Related: $24,195
  • Other: $0
Where can I find the form 990 for Voanne Oak Street House Inc?

Voanne Oak Street House Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Voanne Oak Street House Inc

Voanne Oak Street House Inc is a nonprofit organization that is dedicated to providing affordable housing for qualified individuals. This mission is at the heart of their activities, aiming to make housing accessible to those who need it most. By providing affordable housing, they contribute to the well-being and stability of the individuals they serve, enabling them to focus on other aspects of their lives. The organization's efforts in this area are essential in addressing the housing needs of various communities, thereby promoting social equality and overall societal development.

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Impact




October, 2024

Voanne Oak Street House Inc significantly contributes to the community by providing affordable housing to qualified individuals in Brunswick, ME. This initiative addresses the critical need for accessible living spaces, enabling residents to secure stable housing. By focusing on affordable options, the organization helps alleviate financial burdens, fostering a sense of community and stability among its residents. Additionally, this effort promotes community improvement, positively impacting the overall quality of life in the area. The provision of stable housing supports individuals and families in pursuing further opportunities, ultimately benefiting the wider community by enhancing social cohesion and economic stability.




This information is meant to be a general summary of Voanne Oak Street House 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
$129,967 (2024)
Expenses
$192,037 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,168
  • Program Service Revenue: $128,799
  • Gross Receipts: $129,967

Assets and Liabilities:

  • Total Assets: $2,031,433
  • Total Liabilities: $2,060,302
  • Net Assets: -$28,869

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Programs

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

Tenant Rent

Revenue

$161,345

Vacancies

Revenue

-$32,546

Organization Details

Founding Year

2020

Principal Officer

Keith Gibson

NTEE Category

Code: S80 - Community improvement

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