NonprofitsRaise-Op Housing Cooperative

Housing & Shelter

Raise-Op Housing Cooperative

LEWISTON, ME

Total revenue

$317K

Total expenses

$379K

Net assets

$2.4M

Grants received

$1.2M

15 grants

EIN

471739509

Tax year

2024

Mission

To operate safe and affordable housing that is democratically controlled by its members on a non-profit basis.

Financials

FY 2024

Revenue

Contributions & grants$85K
Program service revenue$180K
Investment income$24K
Other revenue$28K
Total revenue$317K

Expenses

Grants paid$82K
Salaries & benefits$113K
Fundraising$11K
Other expenses$184K
Total expenses$379K
Total assets$2.7M
Net assets$2.4M

People

10 listed

NameRoleCompensation

SHAAD MASOOD

PRESIDENT (THRU JULY)

Board

1 hrs/wk

MICHAEL HERRMANN

PRESIDENT/SECRETARY (FROM AUGUST)

Board

1 hrs/wk

LYNNEA HAWKINS

VICE PRESIDENT (THRU JULY)

Board

1 hrs/wk

BRENDAN AKERS

VICE PRESIDENT (FROM AUGUST)

Board

1 hrs/wk

RONALD FLANNERY

TREASURER (THRU JULY)

Board

1 hrs/wk

IFRAAX SACIID

TREASURER (FROM JULY)

Board

1 hrs/wk

STUART BROWN

DIRECTOR

Board

1 hrs/wk

HILOWLE ADEN

DIRECTOR

Board

1 hrs/wk

ABDINAJIB MOHAMED

DIRECTOR

Board

1 hrs/wk

ZAK AYER

DIRECTOR (FROM JULY)

Board

1 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$50K
To provide general operating support
2024
$32K
General Operating Support
2024
$20K
GENERAL SUPPORT
2023
$10K
General Operating Support
2023
$600K
COMMUNITY & HUMAN SERVICES
2022
$83K
GENERAL SUPPORT
2022
$20K
General Operating Support
2022
$200K
COMMUNITY & HUMAN SERVICES
2020
$50K
To provide general operating support
2020
$43K
General operating support
2020
$8K
GENERAL SUPPORT
2020
$5K
COVID-19 Related Assistance
2020
$30K
GRANTS FOR CHANGE
2019

Funded by

$1.2M from 7 funders · 15 grants · 2019–2024

The Ayco Charitable Foundation

$800K · 2 grants · 2020–2022

Impactassetsinc

$111K · 3 grants · 2020–2023

Elmina B Sewall Foundation

$104K · 4 grants · 2020–2024

John T Gorman Foundation

$100K · 2 grants · 2020–2024

Maine Initiativesinc

$30K · 1 grant · 2019

Mightycause Charitable Foundation

$13K · 2 grants · 2020–2022

Maine Community Foundation Inc

$5K · 1 grant · 2020

Details

EIN471739509
NTEE codeL20
Subsection03
Ruling date2019-12
Formed2014
Employees2
Volunteers50
RAISE-OP HOUSING COOPERATIVE — Mission, Financials & Grants Received | Grantivo