2025-08-29T15:08:25-05:00 2024-12-31 881478669 CBIZ ADVISORS LLC 53 STATE STREET BOSTON MA 02109 990 2024-01-01 222618694 BATH HOUSING DEVELOPMENT CORPORATION BATH 2074433116 520 CENTRE STREET BATH ME 04530 DEBORA KELLER SECRETARY 2074433116 2025-08-28 1 0 KRISTEN CUMMINGS P01510495 6178075000 2025-08-28 2024 2025-03-06 01:10:19Z X DEBORA KELLER 520 CENTRE STREET BATH ME 04530 3759176 0 X BATHHOUSING.ORG X 1984 ME BATH HOUSING DEVELOPMENT CORPORATION IS COMMITTED TO ADVANCING HOUSING SOLUTIONS SO PEOPLE FROM ALL BACKGROUNDS AND INCOME LEVELS CAN LIVE, WORK AND THRIVE. 10 10 0 13 0 0 1084854 1003573 2110382 2177215 28693 220477 0 0 3223929 3401265 0 0 0 0 457678 547746 0 0 0 2440610 2588606 2898288 3136352 325641 264913 13138904 21133939 4426354 12132105 8712550 9001834 X TO FOSTER, ENCOURAGE, PARTICIPATE IN, FINANCE, OWN, OPERATE, PROMOTE AND ADVANCE THE DEVELOPMENT OF HOUSING PROJECTS AND RELATED FACILITIES AFFORDABLE BY PRIMARILY LOW INCOME PERSONS AND FAMILIES; TO PROVIDE AFFORDABLE FINANCIAL AND TECHNICAL ASSISTANCE AND SERVICES TO LOW INCOME HOMEOWNERS; TO IMPLEMENT PROGRAMS INTENDED TO ENHANCE THE GROWTH OF SOCIAL AND ECONOMIC STABILITY FOR LOW INCOME FAMILIES; AND TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE INHABITANTS IN THE BATH, MAINE REGION. 0 0 2438811 2124065 DEVELOPMENT, IMPROVEMENT AND MANAGEMENT OF HOUSING FOR LOW INCOME PERSONS. BHDC OWNS 175 MULTI-FAMILY APARTMENTS WHICH IT RUNS IN ACCORDANCE WITH ITS CHARITABLE MISSION. 53150 BHDC LEASES A COMMERCIAL OFFICE BUILDING TO BATH HOUSING AUTHORITY. 125077 BHDC OPERATES COMFORTABLY HOME SERVING LOW-INCOME, OLDER ADULTS AND PEOPLE WITH DISABILITIES. THE PROGRAM CONDUCTS HOME MODIFICATIONS TO ALLOW PEOPLE TO THRIVE IN THEIR OWN HOMES. 2563888 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ME X X DEBORA KELLER 2074433116 520 CENTRE STREET BATH ME 04530 BARBARA GAUL CHAIR 2.00 X X 0 0 0 NANCY JENNINGS VICE CHAIR 2.00 X X 0 0 0 NANCY CARLETON TREASURER 2.00 X X 0 0 0 DEBORA KELLER SECRETARY/EXECUTIVE DIRECT 20.00 30.00 X X 0 157276 20781 CR DAVIS DIRECTOR 2.00 X 0 0 0 MICHELLE RINES DIRECTOR 2.00 X 0 0 0 ERIK NELSON DIRECTOR 2.00 X 0 0 0 CATHERINE POWERS DIRECTOR 2.00 X 0 0 0 TOBIAS GABRANSKI DIRECTOR 2.00 X 0 0 0 ROBERTA JORDAN DIRECTOR 2.00 X 0 0 0 SANDRA WENTWORTH DIRECTOR 2.00 X 0 0 0 0 157276 20781 0 0 1 0 0 10407 628684 364482 1003573 RENTAL REVENUE 531110 2075203 2075203 RENT FROM AFFILIATE 533110 53150 53150 LAUNDRY/MISCELLANEOUS 533110 48862 48862 2177215 220477 220477 357911 357911 0 0 3401265 2177215 0 220477 415058 17086 397972 132688 21788 110900 323227 323227 7420 6759 661 70858 66186 4672 1310 1310 2255 2255 11315 9858 1457 595 595 1547225 1532789 14436 163704 163704 299116 291995 7121 123320 119528 3792 GRANT EXPENDITURES 30143 30143 BAD DEBT EXPENSE 6858 6858 OTHER OPERATING EXPENSE 1260 1260 3136352 2563888 572464 0 219002 232938 9854 4569 286499 10802 33979 44946 12415052 2201161 10375826 10213891 366252 201496 29624 34313 1817868 10390984 13138904 21133939 77958 795417 12771 20374 4132180 11052366 203445 263948 4426354 12132105 X 4812955 5245027 3899595 3756807 8712550 9001834 13138904 21133939 264913 24371 0 X 0 1 X 0 1 1 X 1334738 761052 891117 1084854 1003573 5075334 764374 1271535 1943179 2110382 2177215 8266685 2099112 2032587 2834296 3195236 3180788 13342019 0 0 0 13342019 6166 5209 13386 28693 220477 273931 6166 5209 13386 28693 220477 273931 2105278 2037796 2847682 3223929 3401265 13615950 0.97990 0.99400 0.02010 0.00600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1972862 1972862 10442190 2201161 8241029 10213891 TENANT SECURITY DEPOSIT 80791 REPLACEMENT RESERVE 652418 CONSTRUCTION IN PROGRESS 6214722 OTHER RESERVES 3410952 MORTGAGE ESCROWS 32101 10390984 DUE TO RELATED PARTIES 184610 SECURITY DEPOSIT LIABILITY 79338 263948 X 3424326 24371 24371 3399955 1310 1310 3401265 3135042 0 3135042 1310 1310 3136352 PART X, LINE 2: NO PROVISION FOR TAXES ON INCOME IS MADE IN THE ORGANIZATION'S FINANCIAL STATEMENTS IT IS EXEMPT FROM INCOME TAXES UNDER I.R.C. SECTION 501(C)(3). IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, MANAGEMENT HAS EVALUATED ITS EXPOSURE TO UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. INFORMATIONAL RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, THE THREE PREVIOUS TAX YEARS REMAIN OPEN. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 1,310. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 1,310. 0 0 0 0 0 0 0 0 0 DEBORA KELLER SECRETARY/EXECUTIVE DIRECT 0 157276 0 0 0 0 0 2416 0 18365 0 178057 0 0 FORM 990, PART VI, SECTION A, LINE 3 BATH HOUSING AUTHORITY, AN AFFILIATED ENTITY IS CONTRACTED TO ADMINISTER PROGRAMS ON BEHALF OF BHDC. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE DRAFT 990 FORM, WHICH IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WILL APPROVE SUBMISSION PRIOR TO IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ONE BOARD MEETING INCLUDES A PRESENTATION OF THE CONFLICT OF INTEREST POLICY, A REVIEW OF VENDORS, AND AN UPDATE OF CONFLICT OF INTEREST DISCLOSURE FORMS. BOARD MEMBERS ARE ASKED TO UPDATE FORMS IF ANYTHING CHANGES DURING THE YEAR. ANY CONFLICTS ARE NOTED IN ADVANCE OF A DISCUSSION, BOARD MEMBERS RECUSE THEMSELVES, AND THIS IS REFLECTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 BHA HAS A COMPENSATION PROGRAM. EACH YEAR, THE COMPENSATION SCHEDULE RANGES ARE REVIEWED AGAINST MARKET -- EITHER THROUGH AN INTERNAL PROCESS OR BY A THIRD PARTY VENDOR. FORM 990, PART VI, SECTION C, LINE 19 ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST; HOWEVER FORM 990 AND ANNUAL AUDITS ARE POSTED AT WWW.BATHHOUSING.ORG. HLT LLC 520 CENTRE STREET BATH ME 04530 873163554 AFFORDABLE HOUSING ME 0 0 BATH HOUSING DEVELOPMENT CORPORATION BATH HOUSING AUTHORITY 520 CENTRE STREET BATH ME 04530 AFFORDABLE HOUSING ME GOVT N/A 0 1 0 0 0 1 0 0 0 0 1 0 0 1 1 1 1 1 0 0 BATH HOUSING AUTHORITY P 1175981 FMV BATH HOUSING AUTHORITY E 1617282 FMV BATH HOUSING AUTHORITY M 323227 FMV BATH HOUSING AUTHORITY J 53150 FMV