NonprofitsIslesboro Affordable Property

Housing & Shelter

Islesboro Affordable Property

ISLESBORO, ME

Total revenue

$197K

Total expenses

$140K

Net assets

$1.3M

Grants received

$405K

29 grants

EIN

222996309

Tax year

2023

Mission

The mission of Islesboro Affordable Property (IAP) is to help in the maintenance and growth of Islesboro as a vital and successful year-round community. Our program, to carry out that mission, is to do all we can to insure that good housing is available for families and individuals who are making Islesboro their permanent home, who participate or will participate in community activities and in particular, for families and individuals whose work is an essential part of the day-to-day life on Islesboro. IAP builds houses for sale or rent. We monitor the private real estate market. We raise funds from private and public sources to underwrite our program.

Financials

FY 2023

Revenue

Contributions & grants$144K
Program service revenue$53K
Investment income$44
Other revenue
Total revenue$197K

Expenses

Grants paid
Salaries & benefits$56K
Fundraising$9K
Other expenses$84K
Total expenses$140K
Total assets$1.7M
Net assets$1.3M

People

11 listed

NameRoleCompensation

Rick Rogers

Executive Direc

Board

$52K

40 hrs/wk

Susan Crater

President

Board

3.5 hrs/wk

Mark Umbach

Outgoing Treas.

Board

3.5 hrs/wk

Barbara Talamo

Director/Chair

Board

3.5 hrs/wk

Todd Conklin

Director

Board

3.5 hrs/wk

Matt Sharp

Director

Board

3.5 hrs/wk

Andrew Allen

Director

Board

3.5 hrs/wk

Martha Schlager

Director

Board

3.5 hrs/wk

Earl MacKenzie

Director

Board

3.5 hrs/wk

Barry Warren

Director

Board

3.5 hrs/wk

Haven Ladd

Incoming Treas.

Board

3.5 hrs/wk

Grants received

Showing 29 of 29

FromAmountPurposeYear
$50K
GENERAL FUND
2024
$20K
general contribution
2024
$10K
GENERAL
2024
$10K
GENERAL
2024
$3K
COMMUNITY & CHARITABLE
2024
$20K
general operating fund
2023
$20K
CONTRIBUTION TOWARD THE LONG TERM DEVELOPMENT OF HOUSING
2023
$5K
GENERAL
2023
$5K
General Support
2023
$150
DONATION
2023
$120K
GENERAL OPERATING SUPPORT
2022
$25K
GENERAL
2022
$20K
GENERAL OPERATING FUND
2022
$5K
General Support
2022
$150
DONATION
2022
$20K
GENERAL OPERATING SUPPORT
2021
$5K
General Support
2021
$20K
GENERAL OPERATING SUPPORT
2020
$5K
General Support
2020
$500
Support exempt purpose
2020
$5K
General Support
2019
$250
Housing Assistance Purposes
2019
$5K
General Support
2018
$250
COMMUNITY & CHARITABLE
2018

Funded by

$405K from 11 funders · 29 grants · 2018–2024

Clarence & Anne Dillon Dunwalke Trust

$180K · 4 grants · 2020–2023

The Dillon Fund

$60K · 3 grants · 2022–2024

Lois Chiles Foundation

$50K · 1 grant · 2024

Mostyn Foundation Inc

$50K · 4 grants · 2022–2024

Windhover Foundation

$30K · 6 grants · 2018–2023

The Laboiteaux - Sharp Family Foundation

$25K · 4 grants · 2020–2023

Palace Head Foundation Inc

$3K · 2 grants · 2018–2024

Details

EIN222996309
NTEE codeL20
Subsection03
Ruling date1989-09
Formed1988
Employees1
ISLESBORO AFFORDABLE PROPERTY — Mission, Financials & Grants Received | Grantivo