Totals
- Total revenue
- $9,274,077
- Total expenses
- $8,287,273
- Contributions and grants received
- $472,395
- Grants paid
- $0
- Program service revenue
- $8,404,545
- Investment income
- $385,286
- Other revenue
- $11,851
- Total assets, end of year
- $18,028,427
- Total liabilities, end of year
- $10,287,268
- Net assets or fund balances, end of year
- $7,741,159
- Program services expenses (Part IX)
- $7,077,194
- Management and general expenses
- $1,210,079
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,077,194
Program services were 85.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$125,408
-
1e · Government grants (contributions)
$165,464
-
1f · All other contributions, gifts and grants
$181,523
-
2a · Program service revenue: Resident Service Revenue
total $10,551,073 · related or exempt $10,551,073
-
2b · Program service revenue: Miscellaneous
total $12,369 · related or exempt $12,369
-
2c · Program service revenue: Contractual Adjustments
total -$2,158,897 · related or exempt -$2,158,897
-
3 · Investment income
total $95,709 · excluded $95,709
-
7a · Gross sales of assets other than inventory
securities $4,212,172
-
7b · Less cost or other basis and sales expenses
securities $3,918,630 · other assets $3,965
-
7c · Gain or loss
securities $293,542 · other assets -$3,965
-
7d · Net gain or loss
total $289,577 · excluded $289,577
-
11a · Other revenue: Insurance Claims
total $11,851 · excluded $11,851
-
11e · Other revenue, total
$11,851
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $226,125 · management and general $226,125
-
7 · Other salaries and wages
total $3,763,141 · program services $3,483,791 · management and general $279,350
-
8 · Pension plan contributions
total $61,094 · program services $48,003 · management and general $13,091
-
9 · Other employee benefits
total $645,190 · program services $609,038 · management and general $36,152
-
10 · Payroll taxes
total $291,730 · program services $263,705 · management and general $28,025
-
11a · Fees: management
total $174,838 · management and general $174,838
-
11b · Fees: legal
total $1,232 · management and general $1,232
-
11c · Fees: accounting
total $44,477 · management and general $44,477
-
11f · Fees: investment management
total $16,444 · management and general $16,444
-
11g · Fees: other
total $92,398 · program services $88,179 · management and general $4,219
-
12 · Advertising and promotion
total $69,624 · management and general $69,624
-
13 · Office expenses
total $303,940 · program services $195,180 · management and general $108,760
-
14 · Information technology
total $32,087 · program services $27,218 · management and general $4,869
-
16 · Occupancy
total $511,067 · program services $388,986 · management and general $122,081
-
17 · Travel
total $24,925 · program services $11,007 · management and general $13,918
-
20 · Interest
total $246,509 · program services $246,509
-
22 · Depreciation, depletion and amortization
total $768,416 · program services $768,416
-
23 · Insurance
total $64,251 · management and general $64,251
-
24a · Other expenses: Food Expenses
total $575,954 · program services $575,085 · management and general $869
-
24b · Other expenses: Service Provider Tax
total $273,599 · program services $273,599
-
24c · Other expenses: Facility Supplies
total $85,547 · program services $84,625 · management and general $922
-
24d · Other expenses: Building Maintenance
total $14,685 · program services $13,853 · management and general $832
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,181,337 · end of year $1,481,759
-
2 · Savings and temporary cash investments
beginning of year $766,259 · end of year $5,370,266
-
4 · Accounts receivable
beginning of year $433,566 · end of year $152,604
-
9 · Prepaid expenses and deferred charges
beginning of year $27,305 · end of year $13,953
-
10a · Land, buildings and equipment: cost or other basis
$20,392,855
-
10b · Land, buildings and equipment: accumulated depreciation
$13,184,096
-
10c · Land, buildings and equipment, net
beginning of year $7,046,579 · end of year $7,208,759
-
11 · Investments: publicly traded securities
beginning of year $3,908,381 · end of year $3,801,086
-
12 · Investments: other securities
beginning of year $233,055
-
15 · Other assets
beginning of year $131,566 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,944,602 · end of year $1,909,312
-
19 · Deferred revenue
beginning of year $160,716 · end of year $11,531
-
20 · Tax-exempt bond liabilities
beginning of year $1,740,510
-
21 · Escrow or custodial account liability
beginning of year $96,512 · end of year $104,676
-
23 · Secured mortgages and notes payable
beginning of year $1,000,000 · end of year $6,949,172
-
24 · Unsecured notes and loans payable
beginning of year $1,268,748 · end of year $1,268,748
-
25 · Other liabilities
beginning of year $26,676 · end of year $43,829
-
27 · Net assets without donor restrictions
beginning of year $6,299,088 · end of year $6,646,764
-
28 · Net assets with donor restrictions
beginning of year $1,191,196 · end of year $1,094,395
Mission and programs · 2022
Mission
To promote the independence, dignity, and individuality of older people of all financial abilities by offering stimulating and supportive programs and services in a gracious, urban, residential setting.
Activities or mission (Part I)
Residential Care Facility
-
To provide a residential care (67 beds) and independent living (88 apartments) facility for the elderly in the Cumberland County area.
Expenses $7,077,194 · Revenue $8,404,545
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Julia Redding
Chair
- Total calculated
- $0
- Hours/week
- 4
-
Megan Walton
Vice chair
- Total calculated
- $0
- Hours/week
- 4
-
Mike Voisine
Treasurer
- Total calculated
- $0
- Hours/week
- 4
-
Kate Guare
Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Neal Allen
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Drew Anderson
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Mary Lou Ciolfi
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
David Eaton
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Mark Googins
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Paula Johnson
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Ralph Cordes
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Ed Suslovic
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Diane Donaldson
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
James Robbins
Past Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Jennifer Cook
Past Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Jessica Duffy
Past Administrator
- Total calculated
- $98,737
- From this org
- $90,236
- From related orgs
- $0
- Other
- $8,501
- Hours/week
- 30 + 10 related
-
Katy Smith
Administrator
- Total calculated
- $195,981
- From this org
- $0
- From related orgs
- $184,819
- Other
- $11,162
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $0 + $173,493 related
- Bonus
- $0 + $609 related
- Other
- $0 + $10,717 related
- Deferred
- $0 + $8,362 related
- Nontaxable benefits
- $0 + $2,800 related
- Filer's total
- $0 + $195,981 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- The Organization's Administrator is compensated by Avesta Housing Development Corporation (AHDC), a related organization. AHDC uses the following to establish the compensation for the Administrator: 1. Form 990 of other organizations 2. Compensation survey or study 3. Approval by the board or compensation committee The Administrator has additional responsibilities with related Organizations, which go beyond the role of Administrator of Seventy-Five State Street and are also factored into her compensation. Approximately 65% of the Administrator's total compensation is related to her role as Administrator of Seventy-Five State Street.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Avesta Housing Development Corporation
501(c)(3) · Affordable Housing · ME
-
501(c)(3) · Affordable Housing · ME
-
Saco Housing Development Corporation
501(c)(3) · Affordable Housing · ME
-
Hill Street Terrace Housing Corporation
501(c)(3) · Affordable Housing · ME
-
Village Square Housing Corporation
501(c)(3) · Affordable Housing · ME
-
Maple Grove Elderly Housing Corporation
501(c)(3) · Affordable Housing · ME
-
501(c)(3) · Affordable Housing · ME
-
South Windham Housing Corporation
501(c)(3) · Affordable Housing · ME
-
501(c)(3) · Affordable Housing · ME
-
501(c)(3) · Affordable Housing · ME
-
501(c)(3) · Affordable Housing · ME
-
Windham Seniors Housing Corporation
501(c)(3) · Affordable Housing · ME
-
New Marblehead North Housing Corp Inc
501(c)(3) · Affordable Housing · ME
-
New Marblehead Seniors Housing Corp
501(c)(3) · Affordable Housing · ME
-
Berry Park Housing Corporation
501(c)(3) · Affordable Housing · ME
-
501(c)(3) · Affordable Housing · ME
-
501(c)(3) · Affordable Housing · ME
-
Avesta Housing Management Corporation
501(c)(3) · Affordable Housing · ME
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
South High Street Associates LP
Affordable Housing · ME
-
YC Pines LP
Affordable Housing · ME
-
YC Manchester Woods LP -
Affordable Housing · ME
-
YC Townhouse One Associates LP
Affordable Housing · ME
-
YC Cottage Associates LP
Affordable Housing · ME
-
Avesta Fore River Housing LP
Affordable Housing · ME
-
Avesta Pearl Street One LP
Affordable Housing · ME
-
Avesta Brick Hill Heights LP
Affordable Housing · ME
-
Avesta Stephen Eaton Redevelopment LP
Affordable Housing · ME
-
Avesta Florence House LP
Affordable Housing · ME
-
Avesta Munjoy Commons LP
Affordable Housing · ME
-
Avesta Cascade Brook LP
Affordable Housing · ME
-
Avesta Pearl Street Two LP
Affordable Housing · ME
-
Avesta Emery School LP
Affordable Housing · ME
-
Riverside Housing Associates LP
Affordable Housing · ME
-
Avesta Oak Street LP
Affordable Housing · ME
-
Avesta Stonecrest LP
Affordable Housing · ME
-
Avesta Hyacinth LP
Affordable Housing · ME
-
Avesta 409 Cumberland LP
Affordable Housing · ME
-
Affordable Housing · ME
-
Avesta Young Street LP
Affordable Housing · ME
-
Avesta One Meeting Place LP
Affordable Housing · ME
-
Avesta Lincoln Green LP
Affordable Housing · ME
-
Bayside East LP
Affordable Housing · ME
-
Avesta Golden Park Maple LP
Affordable Housing · ME
-
Avesta Antrim Village LP
Affordable Housing · ME
-
Peninsula Community LP 3
Affordable Housing · ME
-
Avesta Washington Ave LP
Affordable Housing · ME
-
Avesta Butler Payson LP
Affordable Housing · ME
-
6 Meeting Place Drive Exeter LP
Affordable Housing · ME
-
Avesta Steeple Square LP
Affordable Housing · ME
-
Avesta McIntyre LP
Affordable Housing · ME
-
Avesta Bishop Street LP
Affordable Housing · ME
-
Bayside Anchor Apartments LP
Affordable Housing · ME
-
Avesta Blackstone LP
Affordable Housing · ME
-
Avesta Three Meeting Place LP
Affordable Housing · ME
-
Avesta Meadows One LP
Affordable Housing · ME
-
Avesta Carleton LP
Affordable Housing · ME
-
Bartlett Circle 2 LP
Affordable Housing · ME
-
Avesta Meadows Two LP
Affordable Housing · ME
-
Avesta Southgate LP
Affordable Housing · ME
-
Avesta Fox School LP
Affordable Housing · ME
-
Avesta Deering Place LP
Affordable Housing · ME
-
Avesta Westbrook Street One LP
Affordable Housing · ME
-
Avesta 977 Brighton LP
Affordable Housing · ME
-
Avesta Central and Crowley LP
Affordable Housing · ME
-
Avesta Hillside LP
Affordable Housing · ME
-
Avesta Livermore Terrace LP
Affordable Housing · ME
-
Avesta Meadowview II LP
Affordable Housing · ME
-
Avesta River Turn One LP
Affordable Housing · ME
-
Avesta Snow School LP
Affordable Housing · ME
-
Avesta Unity Village LP
Affordable Housing · ME
-
Avesta US Route One LP
Affordable Housing · ME
-
Avesta Valley Street LP
Affordable Housing · ME
-
Avesta Westbrook Street Two LP
Affordable Housing · ME
-
Avesta Willow Springs LP
Affordable Housing · ME
-
Avesta Cousens Housing LP
Affordable Housing · ME
-
Avesta Seavey StreetLP
Affordable Housing · ME
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Avesta Consulting Services Inc
C · Affordable Housing · ME
-
Pinetree Housing Development I LLC
C · Affordable Housing · ME
-
Pinecone Housing Corporation
C · Affordable Housing · ME
-
Pineneedle Housing Development LLC
C · Affordable Housing · ME
-
Bayside Anchor Development Company LLC
C · Affordable Housing · ME
-
BC 2 GP Inc
C · Affordable Housing · ME
-
C · Affordable Housing · ME
-
Avesta Four Meeting Place LLC
C · Affordable Housing · ME
-
Avesta Ingraham House LLC
C · Affordable Housing · ME
-
Avesta Waldoboro Woods LLC
C · Affordable Housing · ME
-
Pinetree Housing Development LLC
C · Affordable Housing · ME
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349302537
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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