1. Directory
  2. Maine
  3. Portland
  4. Avesta Housing Development Corporation
EIN 01-0315296

Avesta Housing Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
57
City
Portland
State
Maine
Year formed
1972
Most recent tax filings
2022-12-01
NTEE code, primary
L22: Senior Citizens Housing, Retirement Communities
Description
Avesta Housing Development Corporation develops and maintains low income housing for elderly residents, as well as rental programs under Section 8. All expenses are directed towards these purposes.
Total revenues
$13,921,623
2022
Total expenses
$12,679,009
2022
Total assets
$77,344,426
2022
Num. employees
57
2022

Program areas at Avesta Housing Development Corporation

All expenses relate to Development and maintenance of low income elderly Housing and section 8 existing Housing rental programs.

Who funds Avesta Housing Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$514,500
John T. Gorman FoundationF/b/o Silver Hearth Fund; Maine Affordable Housing Coalition; Asylum Seeking Families$202,500
TD Charitable FoundationAssuring Housing Stability for At-Risk Residents$175,000
...and 14 more grants received

Personnel at Avesta Housing Development Corporation

NameTitleCompensation
Dana TotmanPresident / Chief Executive Officer$238,190
Rebecca HatfieldPresident and Chief Executive Officer$185,435
Eric BoucherSenior Vice President$178,194
Kim FarrarVice President$141,377
Andrew AltmaierDirector
...and 5 more key personnel

Financials for Avesta Housing Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,691,474
Program services$7,207,147
Investment income and dividends$139,915
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$883,087
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$13,921,623

Form 990s for Avesta Housing Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-08990View PDF
2020-122021-11-11990View PDF
2019-122021-03-01990View PDF
2018-122019-11-22990View PDF
...and 9 more Form 990s

Organizations like Avesta Housing Development Corporation

OrganizationLocationRevenue
St Mary Development CorporationDayton, OH$3,928,839
New Pisgah Haven HomesChicago, IL$5,314,523
Christian Church Homes (CCH)Walnut Creek, CA$22,806,169
The Jewish Home TowerAtlanta, GA$3,910,842
Amigos Del ValleEdinburg, TX$7,302,859
Senior Housing Options (SHO)Denver, CO$7,586,937
Friends Rehabilitation ProgramPhiladelphia, PA$6,289,212
Housing Initiatives of New England CorporationScarborough, ME$30,556,443
Mark & Diane Goldman Family ResidencesBoston, MA$5,611,543
The Lesley FoundationHalf Moon Bay, CA$22,644,563
Data update history
October 12, 2024
Updated personnel
Identified 7 new personnel
August 25, 2024
Received grants
Identified 5 new grant, including a grant for $30,000 from The Bank of America Charitable Foundation
July 3, 2024
Used new vendors
Identified 1 new vendor, including
May 19, 2024
Received grants
Identified 6 new grant, including a grant for $175,000 from TD Charitable Foundation
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsRetirement homesHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
307 Cumberland Ave
Portland, ME 04101
Metro area
Portland-South Portland, ME
County
Cumberland County, ME
Website URL
avestahousing.org/ 
Phone
(207) 553-7777
Facebook page
AvestaHousing 
Twitter profile
@avestahousing 
IRS details
EIN
01-0315296
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L22: Senior Citizens Housing, Retirement Communities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
Free account sign-up

Want updates when Avesta Housing Development Corporation has new information, or want to find more organizations like Avesta Housing Development Corporation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy