2025-03-25T15:10:08-07:00 2024-12-31 990EZ 2024-01-01 841869040 KENNEBUNKPORT HERITAGE HOUSING TRUST 2 KENN 2074322541 PO Box 333 Kennebunkport ME 04046 Thomas Myatt Treasurer 5085093443 2025-03-31 1 2024 2025-03-06 01:10:19Z X nhtmaine.org X X 20385 X 15500 2329 0 0 0 0 0 0 2556 0 2556 0 0 0 0 20385 0 0 0 0 0 0 49354 49354 -28969 430437 0 401468 31937 2968 398500 398500 0 0 430437 401468 0 0 430437 401468 To provide and maintain affordable housing in Kennebunkport, Kennebunk, and Arundel. In a joint project with the Kennebunkport Heritage Housing Trust, the Kennebunkport Heritage Housing Trust 2 acquired a donation of land from the town of Kennebunkport, Maine. The organizations have started the process to build 6 affordable housing units on this approximately 5-acre parcel and plan to finish the process in 2025. The expenses incurred in 2024 were for a settlement fee and legal fees to ensure clear title to the property, municipal planning board fees, preliminary site engineering, and a construction loan origination fee. 0 49169 Expanded the geographical scope of the organization's purpose to include two neighboring towns in order to increase the opportunity for acquiring land and to build affordable housing for a larger population. 0 0 49169 Larissa Crockett Executive Director and Director (non-voting) 40 79500 17349 0 Thomas McClain President and Director 4.00 0 0 0 Leslie Stoeffler Vice President and Director 4 0 0 0 Thomas Myatt Treasurer and Director 4.00 0 0 0 Tanya Alsberg Secretary and Director 4 0 0 0 Leah Adams Director 4 0 0 0 David Bancroft Director 4 0 0 0 Patrick Briggs Director 4 0 0 0 Ira Camp Director 4 0 0 0 Shannon Dant Director 4 0 0 0 Julie Grady Director 4 0 0 0 Shannon Hartmann Director 4 0 0 0 David Kling Director 4 0 0 0 Stephanie Schafer Director 4 0 0 0 Bryan Laverrier Director (non-voting) 2 0 0 0 Laurie Smith Director (non-voting) 2 0 0 0 Keith Trefethen Director (non-voting) 2 0 0 0 X 0 1 0 0 0 0 0 0 0 0 0 0 ME Thomas Myatt PO Box 333 Kennebunkport ME 04046 5085093443 0 0 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16 Description;Amount^Settlement fee to guarantee clear title to the land;30000|Preliminary site engineering;12150|Legal fees for housing project;1489|Municipal fees;3858|Loan origination fee;1500|Insurance adjustment;172|Annual report filing fees for state of Maine;185^Total;49354^ Form 990-EZ, Part V, Line 34 The Bylaws were amended to add the towns of Kennebunk and Arundel to the town of Kennebunkport as included in the geographic area for the organization to build affordable housing. The Board membership was increased to add representatives from those towns. Schedule B, Part I Kennebunkport Heritage Housing Trust 2 (KHHT 2) works jointly with Kennebunport Heritage Housing Trust (KHHT) to acquire land and build affordable housing on it. KHHT 2 manages the housiing projects and uses funds received from KHHT to pay project expenses until such time that funds from constructions loans can be obtained. The loans will paid back from fund raising, grants, and the proceeds of the sale of the housing units at affordable prices.