Nonprofits›Bangor Housing Development Corporation
Bangor Housing Development Corporation
BANGOR, ME
Total revenue
$3.6M
Total expenses
$3.4M
Net assets
$3.0M
Grants received
$1.5M
8 grants
EIN
222970652
Tax year
2023
Mission
The specific purposes of the corporation are to organize, develop, financially assist, or manage, on a non-profit basis, projects or programs providing low- and moderate-income rentals in maine.
Financials
FY 2023
Revenue
Contributions & grants—
Program service revenue$3.5M
Investment income$50K
Other revenue—
Total revenue$3.6M
Expenses
Grants paid—
Salaries & benefits$418K
Fundraising—
Other expenses$3.0M
Total expenses$3.4M
Total assets$11.3M
Net assets$3.0M
People
8 listed
NameRoleCompensation
MICHAEL MYATT
SECRETARY/TREASURER
Board
$59K
1 hrs/wk
RODNEY MCKAY
VICE PRESIDENT
Board
—
1 hrs/wk
JANE JOHNSON
DIRECTOR
Board
—
1 hrs/wk
ROBERTA DOWNEY
DIRECTOR
Board
—
1 hrs/wk
RICHARD LAFERTIE
DIRECTOR
Board
—
1 hrs/wk
PAUL CHAIKEN
DIRECTOR
Board
—
1 hrs/wk
ELIZABETH HAYWARD
PRESIDENT
Board
—
1 hrs/wk
BRENDA BROWN
DIRECTOR
Board
—
1 hrs/wk
Grants received
Showing 8 of 8
FromAmountPurposeYear
$297K
Moving Families Forward; youth academic and career exporation; community events
2024
$120K
$100,000 for the Family Self Sufficiency Program; $20,000 to plan an Enhanced FSS Institute
2020
Funded by
$1.5M from 3 funders · 8 grants · 2019–2024
John T Gorman Foundation
$898K · 4 grants · 2020–2024
Fidelity Investments Charitable Gift Fund
$500K · 1 grant · 2019
Peter Alfond Foundation
$150K · 3 grants · 2022–2024
Details
EIN222970652
Subsection03
Ruling date1990-03
Formed1987
Employees0
Volunteers7