2024-11-12T13:17:15-06:00 2024-06-30 010448675 OUELLETTE & ASSOCIATES PA 1111 LISBON STREET LEWISTON ME 04240 990 2023-07-01 010421229 THE HOUSING FOUNDATION-HAMPDEN HOUS 2078664634 353 MAIN STREET ORONO ME 04473 DUSKA HAYMAN EXECUTIVE DIRECTOR 2078664634 2024-10-30 1 0 C JOSEPH WOLVERTON JR CPA P00639997 2077860328 2024-10-30 2023 2024-10-15 13:58:12Z DUSKA HAYMAN 353 MAIN STREET ORONO ME 04473 367958 0 6005 X N/A X 1992 ME HUD 223(F) LOW-INCOME HOUSING 9 9 0 0 0 0 0 0 334733 364673 422 673 1833 2612 336988 367958 0 0 0 0 28750 28640 0 0 0 337384 314954 366134 343594 -29146 24364 1361712 1342671 1651460 1608055 -289748 -265384 TO PROVIDE LOW INCOME ELDERLY HOUSING. 0 0 343594 390565 THE ORGANIZATION PROVIDES LOW-INCOME HOUSING WITH A 30 UNIT FACILITY KNOWN AS ROE VILLAGE APARTMENTS LOCATED IN HAMPDEN, MAINE. 343594 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 X X ANGELA CAMERON 2078664634 353 MAIN STREET ORONO ME 04473 JOHN MCCORMACK PRESIDENT 0.50 X X 0 0 0 ELIZABETH BICKNELL VICE-PRESIDENT 0.50 X X 0 0 0 LYNNE SPOONER TREASURER 0.50 X X 0 0 0 PATTY KENNY SECRETARY 0.50 X X 0 0 0 KERRY SACK DIRECTOR 0.50 X 0 0 0 JUDY WHITNEY DIRECTOR 0.50 X 0 0 0 DAN BURKE DIRECTOR 0.50 X 0 0 0 DICK ROLLINS DIRECTOR 0.50 X 0 0 0 JUDY WALKER DIRECTOR 0.50 X 0 0 0 DUSKA HAYMAN EXECUTIVE DIRECTOR 1.00 X 5032 0 0 5032 0 0 0 0 0 0 0 HUD ASSISTANCE REVENUE 531110 222209 222209 TENANT RENTAL REVENUE 531110 142464 142464 364673 673 673 MISCELLANEOUS 531390 2612 2612 2612 367958 367285 0 673 5032 5032 23608 23608 54969 54969 51728 51728 UTILITIES 64851 64851 OPERATING & MAINTENANCE 59951 59951 ADMINISTRATIVE 34699 34699 TAXES & INSURANCE 26799 26799 21957 21957 343594 343594 0 0 745050 771203 674 617 1702 1966 1754936 1292069 503757 462867 110529 106018 1361712 1342671 25248 24472 1616126 1573825 10086 9758 1651460 1608055 X -289748 -265384 -289748 -265384 1361712 1342671 24364 0 X 0 1 X 0 0 X 358302 317441 330780 335949 363462 1705934 358302 317441 330780 335949 363462 1705934 0 0 0 1705934 483 315 258 422 673 2151 483 315 258 422 673 2151 2311 8337 2461 1833 2612 17554 361096 326093 333499 338204 366747 1725639 0.98860 0.98730 0.00120 0.00110 X 105000 105000 1382472 1040346 342126 267464 251723 15741 462867 TENANT SECURITY DEPOSITS 9758 9758 X 392449 24491 24491 367958 0 367958 368085 24491 24491 343594 0 343594 PART X, LINE 2: THE HOUSING FOUNDATION - HAMPDEN, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN CHARGED TO OPERATIONS IN THE CURRENT YEAR. THE PROJECT IS NOT A PRIVATE FOUNDATION BECAUSE IT RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PROJECT AND RECOGNIZE A TAX LIABILITY IF THE PROJECT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PROJECT AND HAS CONCLUDED THAT, AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PROJECT IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RESIDUAL RECEIPTS EXPENSE 24,491. PART XII, LINE 2D - OTHER ADJUSTMENTS: RESIDUAL RECEIPTS EXPENSE 24,491. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO ORGANIZATIONS WITH THE POWER TO ACT ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER REVIEW AND APPROVE THE FORM 990. UPON THEIR APPROVAL, FORM 990 IS FILED WITH THE IRS. A COPY OF FORM 990 IS PROVIDED UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.