2024-05-15T01:26:49-00:00 2023-06-30 043383155 RHR Smith & Company 3 Old Orchard Rd Buxton ME 04093 990 2022-07-01 010462712 Lewiston-Auburn Area Housing Development Corporation LEWI 2077831423 86 Lisbon Street PO Box 361 Lewiston ME 04240 Christopher Kilmurry Treasurer 2077831423 2024-05-15 true Christopher Kilmurry 999009999 true Ronald Smith P01481996 2079294606 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Christopher Kilmurry 86 Lisbon Street PO Box 361 Lewiston ME 04240 524351 false X X 1983 ME To organize, develop, and financially assist or manage projects, programs, and services providing affordable home ownership or rentals to low income, elderly, and/or handicapped individuals and families. 6 6 0 0 64480 221890 252089 291067 5609 19702 5785 336271 524351 0 0 0 0 0 798732 800258 798732 800258 -462461 -275907 2380421 6234149 1650578 5220674 729843 1013475 Lewiston-Auburn Area Housing Development Corporation LAAHDC was formed to organize, develop, and financially assist or manage projects, programs and services providing affordable home ownership or rentals to low income, elderly and/or handicapped individuals and families. LAAHDC is a Component Unit of Lewiston Housing Authority LHA. false false 404535 Low income housing at 292 Bates St., 30 River St., and 31 River St. in Lewiston, Maine. Developed in cooperation with Lewiston Housing Authority, the Corporation has 24 units of Low Income Housing. 26639 LAAHDC provides office space for programs operated by non-profit programs and community organizations. The first floor of 292 Bates street is used for various community functions, including community police functions. The kitchen is used by Promise Early Education Centerformerly Androsscogin Head Start to prepare meals fofr its child service programs. 101109 Lewiston-Auburn Alliance for Service to the HomelessLASH is a security deposit loan program. 14 loans were made and repayments collected. 532283 true false false false false false false false true false true false false false false 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 6 6 false true false false false false true true true false false false false false true false false false X Christopher Kilmurry 2073333939 86 Lisbon Street Lewiston ME 04240 X Marc Pellerin President 001.00 X X 0 0 0 Jon Hussey Vice President 001.00 X X 0 0 0 Christopher Kilmurry Treasurer 001.00 X X 0 0 0 Azenaide Pedro Director 001.00 X 0 0 0 Craig Saddlemire Director 001.00 X 0 0 0 Travis Heynen Secretary 001.00 X X 0 0 0 false false false 161500 60390 221890 Dwelling Rental 531110 231366 231366 Non-Dwelling Rental 531120 50317 50317 Other Tenant Income 531190 9384 9384 291067 5609 5609 5785 5785 5785 524351 302461 X 0 0 0 0 0 0 0 0 0 0 22417 22417 1486 1486 4200 4200 0 0 45037 42687 2350 0 0 0 0 128573 128573 0 0 0 137080 137080 0 129142 129142 60723 46562 14161 Repairs and Maintenance 55436 55436 Grant Expenses 101109 101109 Fire Protection 6357 6357 108698 108698 800258 532283 267975 0 208546 2441395 13869 12902 6141 6491 11901 9496 5064093 1300228 2139964 3763865 2380421 6234149 240416 463190 3182 1851101 12078 11481 1394902 2894902 1650578 5220674 X 613106 276808 116737 736667 729843 1013475 2380421 6234149 X -275907 559539 X false true X false false X 41050 323618 75350 64480 60390 564888 41050 323618 75350 64480 60390 564888 564888 195 117 5609 5921 475 8893 19702 5785 34855 605664 1227117 0.93270 0.94800 X true X 674113 674113 4324167 1266469 3057698 57173 26277 30896 8640 7482 1158 3763865 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 524351 524351 524351 800258 800258 800258 IV 2b Security deposit liability held payable to tenants upon moving out this is inclusive of interest earned on the cash held in escrow. 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 June 30, 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. See Schedule I, Part IV, Statement I Part I Line 2 Tenant Security Deposit Funds are provided to the landlords of tenants to enable tenants to enter into a lease agreement. Tenants apply by visiting the city general assistance departments who evaluate the tenant and help them process an application which is forwarded to LAAHDC for payment. There were no grants for families/individuals in the current year. No amounts were returned to LAAHDC to continue the fund. Form 990, Part VI, Section C, Line 19 Documents are available for inspection upon request. Form 990, Part VI, Section A, Line 3 Management functions are designated to staff of Lewiston Housing Authority, parent of Lewiston-Aubun Area Housing Development Corporation. Lewiston-Auburn Area Housing Development Corporation is a Component Unit of Lewiston Housing Authority. Form 990, Part VI, Section A, Line 7b Decisions on behalf of Lewiston-Auburn Area Housing Development Corporation LAAHDC are occasionally made by the Board of Commissioners of the Lewiston Housing Authority, parent of LAAHDC, LAAHDC is a Component Unit of Lewiston Housing Authority. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the Treasurer and signed by an officer. Form 990, Part IX, Section B, Line 11g Maintenance Service Fee 42,687 Software/Consulting 2,153 Accounting/Payroll Fees 195 Form 990, Part XI, Line 9 Restatement of 2022 Financial Statements to change ending fund balance to 1,289,382. Lewiston Housing Authority 86 Lisbon Street Lewiston ME 04240 010273274 Affordable Housing ME 501A N/A false Oak Park Housing Preservation Corp 86 Lisbon Street Lewiston ME 04240 223200986 Housing Preservation and Development ME 501c3 7 Lewiston Housing false 81 Ash Street Inc 86 Lisbon Street Lewiston ME 04240 272346618 Housing Development ME Lewiston Housing C Corp 1.00000 false false false false false false false false false false false false false false false false false true false false Lewiston Housing Authority q 180828