Boothbay Region Housing Trust

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

EIN: 871279774 ✦ W boothbay harbor, ME ✦ Designated as a 501(c)(3)

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Overview

What is Boothbay Region Housing Trust?

Boothbay Region Housing Trust is a charitable organization, situated in W Boothbay Harbor, Maine (specifically at PO Box 10). Their primary mission is to construct and provide affordable housing units for hardworking individuals, both men and women. By focusing on this goal, they aim to contribute positively to the community, ensuring that a broader segment of society can secure a stable living environment. The Trust's activities are centered around this objective, as indicated by their description.


Official website here: www.boothbayregionhousingtrust.com

Is Boothbay Region Housing Trust legitimate?

Boothbay Region Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boothbay Region Housing Trust 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.boothbayregionhousingtrust.com

What is the mission statement of Boothbay Region Housing Trust?

The Boothbay Region Housing Trust's mission is centered around providing affordable housing solutions. This organization is committed to constructing homes that are within reach for working individuals, demonstrating a dedication to social equity and affordable living. They strive to make a significant impact on the community by addressing the housing needs of its working population, thereby contributing to a more inclusive and equitable society. The Trust's activities are primarily focused on this mission, aiming to provide a decent living space for those who may otherwise struggle with housing affordability.


Official website here: www.boothbayregionhousingtrust.com

Who is the CEO of Boothbay Region Housing Trust?

Cynthia Watson is the Treasurer of Boothbay Region Housing Trust.


Official website here: www.boothbayregionhousingtrust.com

What is the revenue of Boothbay Region Housing Trust?

Boothbay Region Housing Trust's revenue in 2023 was $110,508.


Official website here: www.boothbayregionhousingtrust.com

Who are the executives of Boothbay Region Housing Trust and what are their salaries?


Here are 5 key members and their salaries:


Cynthia Watson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debrah Yale (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Duffy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gita Rothchild-Barry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.boothbayregionhousingtrust.com

Where can I find the form 990 for Boothbay Region Housing Trust?

Boothbay Region Housing Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.boothbayregionhousingtrust.com

Learn more at the official website: www.boothbayregionhousingtrust.com

Mission Statement of Boothbay Region Housing Trust

Boothbay Region Housing Trust is a dedicated organization with a mission to construct affordable housing solutions tailored for working individuals. Their primary objective is to address the housing needs of men and women who fall into the working class, ensuring they have access to living spaces that are within their financial reach. By building affordable homes, the trust aims to contribute positively to the community, providing a stable living environment for its residents.

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Impact




October, 2024

Boothbay Region Housing Trust has a significant impact on the community by addressing the critical need for affordable housing. By building homes designed specifically for working men and women, the organization helps enhance local economic stability and improve the quality of life for residents. This focus on creating affordable housing ensures that individuals and families can live within the community, reducing commuting times and fostering stronger local ties. The initiative not only supports those who contribute to the local workforce but also promotes a more inclusive community, helping to prevent displacement and maintain the region's diverse character.




This information is meant to be a general summary of Boothbay Region Housing Trust. 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
$110,508 (2023)
Expenses
$451,012 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $110,508

Assets and Liabilities:

  • Total Assets: $550,000
  • Total Liabilities: $550,000
  • Net Assets: $0

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Organization Details

Founding Year

2020

Principal Officer

Cynthia Watson

Main Address

PO Box 10, W Boothbay Harbor, ME, 04575

NTEE Category

Code: L20 - Housing

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