2024-11-15T09:49:47-00:00 2023-12-31 043383155 RHR Smith & Company CPA's 3 Old Orchard Road Buxton ME 04093 990 2023-01-01 010317698 Calais Methodist Home Inc CALA 2074547196 116 Palmer Street Calais ME 04619 Lisa Thornton Manager 2074547196 2024-11-15 true true Danielle N O'Neill P02481791 2079294606 2024-11-15 2023 2024-10-15 13:58:12Z Ken Thomas 35 Downes St Calais ME 04619 968005 false X X 1972 ME Calais Methodist Homes Inc is an independent living community for retiring seniors. 9 9 0 0 225034 381841 521461 561456 18386 24708 10 0 764891 968005 0 0 115799 0 0 1053028 983400 1053028 1099199 -288137 -131194 4854536 4774380 4896827 4947865 -42291 -173485 Subsidized low income housing. false false 836770 Operating ninety residential rental units near capacity. 836770 true false false false false false false false true false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false true false true 0 0 true 0 false false false false false false false false false false false false X 9 9 false true false false false false false true true false false true true true true true true true true false ME X X CMHI Property Management Inc 2074547196 116 Palmer Street Calais ME 04619 David Daggett Adminstrator 020.00 020.00 X 0 119523 0 Brenda Donaghy Former Manager 020.00 020.00 X 0 29332 0 Lisa Thornton Manager 020.00 020.00 X 0 1540 0 Ken Thomas Chairman, Treasurer 002.00 001.00 X X 0 0 0 David Beckett Vice Chair 002.00 001.00 X X 0 0 0 Heather Ross Secretary 002.00 001.00 X X 0 0 0 Dayton Dineen Member 002.00 001.00 X 0 0 0 Darren Constant Member 002.00 001.00 X 0 0 0 Helen Taylor Member 002.00 001.00 X 0 0 0 Brian Mays Member 002.00 001.00 X 0 0 0 Erica Marshall Member 002.00 001.00 X 0 0 0 Wayne Sammer Member 002.00 001.00 X 0 0 0 150395 1 false false false 381841 381841 Tenant Rent 531390 517053 517053 Cable Television Revenue 531390 28480 28480 Laundry Income 531110 15923 15923 561456 24708 24708 968005 561456 24708 X 0 0 0 0 0 44500 44500 0 0 47346 47346 23953 23953 90720 90720 120 120 4500 4500 0 0 218537 218537 300 300 6989 6989 0 0 234023 234023 0 0 1000 1000 44740 44740 0 190332 190332 39248 39248 Repairs and Maintenance 115644 115644 Tenant Cable 33494 33494 3753 3753 1099199 836770 262429 0 16516 108881 1202970 1185230 1562 1562 17639 17639 13314 13314 6940725 3492971 3602535 3447754 4854536 4774380 5243 4923 283207 328267 44197 50495 4564180 4564180 4896827 4947865 X -42291 -173485 -42291 -173485 4854536 4774380 -131194 X X false true X true true true X 241883 233204 229326 225034 381841 1311288 241883 233204 229326 225034 381841 1311288 1311288 26891 22743 23715 18386 24708 116443 44381 2510 5117 10 52018 1479749 2663183 0.88620 0.90280 X true X 121033 121033 6657358 3414187 3243171 162334 78784 83550 3447754 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 968005 968005 968005 1099199 1099199 1099199 X 2 The Corporation is exempt from federal income taxes under Section 501c3 of the Internal Revenue Code and applicable state law. The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Corporation and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50 likelihood of being realized upon ultimate settlement. Management believes that there were no potential sources of unrelated business taxable income subject to tax for the year ended December 31, 2023. Accordingly, no provision for income taxes has been made. The Corporation files its forms 990 in the U.S. federal jurisdiction and the office of the states attorney general for the State of Maine. The Corporation is generally no longer subject to examination by the Internal Revenue Service for years before 2020. IV 2b Tenant Security Deposits are held in an escrow account from the time of moving in until the date of moving out. Form 990, Part VI, Section B, Line 11b Treasurer reviews return prior to submission. Form 990, Part VI, Section B, Line 15b The Board of Directors determines the salary for the administrator based on an annual review. The Board of Directors approves all hourly wages paid based on the recommendation of the administrator. Form 990, Part VI, Section C, Line 19 Certain documents available upon request. Form 990, Part XII, Line 2 Board of Directors takes responsiblity for the audit and selection of the independent accountant. Form 990, Part VI, Section A, Line 3 The Organization contracts related organization CMHI Property Management Inc. as a Management Company. As a result, David Daggett, Brenda Donaghy, and Beth Burns, employees of CMHI Property Management Inc., perform the duties that would normally be performed by the top management official and top financial official, respectively, of the Organization. The amount of compensation related to their duties as top management official and top financial official of the Organization received from CMHI Property Management Inc. was 92,733, 22,758, 50,875 respectively, for calendar year 2023. Form 990, Part IX, Line 11g Maintenance and Repairs contracts 218,537 CMHI Property Management Inc 116 Palmer Street Calais ME 04619 823309179 Property Management ME 501c3 509a2 N/A false false false false false false false false false false false false false false false true false false false false CMHI Property Management Inc o 166367 FACE VALUE