Nonprofit · EIN 01-0211512
HOME FOR THE AGED
Tax-exempt · PORTLAND, ME 04103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,416,838 | $9,884,746 | -$467,908 | $32,351,853 | $27,093,193 | $5,258,660 |
| June 30, 2024 | 990 | $8,847,471 | $9,315,230 | -$467,759 | $32,783,055 | $27,436,607 | $5,346,448 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,995
- Program service revenue
- $9,083,118
- Investment income
- $324,725
- Net gain from sales of assets
- $180,839
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $326,933
- Other salaries and wages
- $2,955,093
- Salaries, compensation and benefits (total)
- $4,229,681
- Professional fundraising fees
- $0
- Legal fees
- $30,239
- Accounting fees
- $117,018
- Occupancy
- $1,094,967
- Travel
- $4,397
- Depreciation
- $1,412,291
- Program services (functional)
- $7,853,644
- Management and general (functional)
- $2,031,102
Balance sheet and other
- Total assets, start of year
- $32,783,055
- Total assets, end of year
- $32,351,853
- Total liabilities, end of year
- $27,093,193
- Net assets, end of year
- $5,258,660
- Land, buildings and equipment
- $23,262,221
- Publicly traded securities
- $6,888,359
- Net assets without donor restrictions
- $1,692,461
- Net assets with donor restrictions
- $3,566,199
- Gross receipts
- $11,184,300
- Employees
- 136
- Volunteers
- 267
- Year formed
- 1881
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lorri Sommer | CEO Officer | 40 | $171,739 | $25,846 |
| Bruce Rutter | Past Director of Finance Officer | 40 | $111,210 | $18,138 |
| Victoria Powers | President Trustee or director, Officer | 0.5 | $0 | $0 |
| Melissa Murphy | Vice President Trustee or director, Officer | 0.5 | $0 | $0 |
| Janice McCormick | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Jeannine Lefevre | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Kathleen Coyne | Trustee Trustee or director | 0.5 | $0 | $0 |
| Robert Davis | Trustee Trustee or director | 0.5 | $0 | $0 |
| Joseph Gray | Trustee Trustee or director | 0.5 | $0 | $0 |
| Jennifer Gordon Hutchins | Trustee Trustee or director | 0.5 | $0 | $0 |
| Ruchir Jaipuriyar | Trustee Trustee or director | 0.5 | $0 | $0 |
| Ann Magner | Trustee Trustee or director | 0.5 | $0 | $0 |
| Michael McGovern | Trustee Trustee or director | 0.5 | $0 | $0 |
| Thomas Michael Meuser | Trustee Trustee or director | 0.5 | $0 | $0 |
| Kimberly Snow | Trustee Trustee or director | 0.5 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jason Straetz | Director/Past President Trustee or director, Officer | 0.5 | $0 |
| Todd Zukowsi | Trustee Trustee or director | 0.5 | $0 |
| Diane Bernier | Director of Finance Officer | 40 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lorri Sommer | CEO Officer | 40 | $151,359 | $24,961 |
| Denise M Vachon | Former CEO Former | 0 | $129,516 | $11,100 |
| Bruce Rutter | Director of Finance Officer | 40 | $104,332 | $15,334 |
| Jason Straetz | President Trustee or director, Officer | 0.5 | $0 | $0 |
| Victoria Powers | 1st Vice President Trustee or director, Officer | 0.5 | $0 | $0 |
| Janice McCormick | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Melissa Murphy | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Kathleen Coyne | Trustee Trustee or director | 0.5 | $0 | $0 |
| Robert Davis | Trustee Trustee or director | 0.5 | $0 | $0 |
| Joseph Gray | Trustee Trustee or director | 0.5 | $0 | $0 |
| Jennifer Gordon Hutchins | Trustee Trustee or director | 0.5 | $0 | $0 |
| Jeannine Lefevre | Trustee Trustee or director | 0.5 | $0 | $0 |
| Michael McGovern | Trustee Trustee or director | 0.5 | $0 | $0 |
| Thomas Michael Meuser | Trustee Trustee or director | 0.5 | $0 | $0 |
| Roberta Wright | Past 2nd Vice President Trustee or director, Officer | 0.5 | $0 | $0 |
| Matthew Holbrook | Past Trustee Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 777 STEVENS AVENUE, PORTLAND, ME 04103-2675
- Principal officer (990 for 2024)
- Lorri Sommer, 777 Stevens Avenue, Portland, ME 04103
- Signed the 990
- Lorri Sommer, CEO
- Phone
- (207) 797-7710
- Website
- www.parkdanforth.com
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
To provide housing and services that enhance a person's quality of life, respect personal dignity, and accommodate the need for privacy and self-determination. In doing so, we aim to respond to the individual's changing needs brought about through aging.
Program accomplishments
- Home for the Aged provides high quality housing, meals, civic, cultural and recreational activities and emergency response service to the residents of its one hundred ten independent living apartments. Some of the apartments are offered at rates that are below-market rates, making them accessible to those whose resources are modest, yet not such that the individuals are eligible for federal assistance. These apartments are specially designed to optimally meet the needs of those who are aging in place.Expenses $2,660,756 · revenue $6,737,808
- Home for the Aged provides high quality housing, meals, personal care services, assistance with medications and civic, cultural and recreational activities to the residents of its thirty-six state-licensed assisted living studios. Some of the apartments are offered to low and very low income residents, subsidized by the State of Maine's MaineCare program. Home for the Aged operates the MaineCare supported studios at below-cost, and operating subsidies (to offset losses) are provided by the Home's endowment. Estimated operating subsidies in the current year were$879,742.Expenses $4,637,911 · revenue $2,345,310
- Home for the Aged provides high quality, dignified, safe and affordable housing (70 independent living apartments) to those whose means are defined as "very low income or "extremely low income" in accordance with federal eligibility guidelines for the HUD Section 8 program. In providing Section 8 housing, Home for the Aged, in partnership with the U.S. Department of HUD, provides housing to those who would otherwise be at financial risk due to the high cost of housing and utilities. These apartments are specially designed to optimally meet the needs of those who are aging in place. As these residents age, by virtue of their residency, they are given priority for transfers to the assisted living program at such time as a higher level of care is needed.Expenses $554,977
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0211512
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P750)
- Assets (IRS master file)
- $32,351,853
- Income (IRS master file)
- $11,184,300
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,416,838 | $9,884,746 | $32,351,853 | IRS |
| 990 | June 2024 | $8,847,471 | $9,315,230 | $32,783,055 | XML |
| 990 | June 2023 | $8,364,698 | $9,082,391 | $33,166,139 | IRS |
| 990 | June 2022 | $7,432,134 | $8,586,934 | $34,196,065 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0211512).
Questions about HOME FOR THE AGED
- What is the EIN of HOME FOR THE AGED?
- The employer identification number (EIN) of HOME FOR THE AGED is 01-0211512.
- Is HOME FOR THE AGED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to HOME FOR THE AGED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOME FOR THE AGED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOME FOR THE AGED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOME FOR THE AGED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOME FOR THE AGED?
- The 990 for the year ended June 30, 2025 names Lorri Sommer.
- Who are the officers and directors of HOME FOR THE AGED?
- The 990 for the year ended June 30, 2025 lists 18 people; 2 received compensation from the organization, the highest $171,739 (Lorri Sommer, CEO).
- How much revenue does HOME FOR THE AGED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,416,838, expenses of $9,884,746 and total assets of $32,351,853 at year end.
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