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Nonprofit · EIN 01-0347202

HILL STREET TERRACE HOUSING CORP

Tax-exempt · PORTLAND, ME 04101

Financials

$1.3M$1.6M2023$2.1M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of HILL STREET TERRACE HOUSING CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,132,425$2,407,665-$275,240$8,196,000$9,318,695-$1,122,695
December 31, 2023990$1,332,327$1,616,936-$284,609$7,158,598$8,006,053-$847,455
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,189,393
of which government grants
$1,137,690
Program service revenue
$910,356
Investment income
$32,676
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$21,389
Accounting fees
$59,550
Depreciation
$275,889
Program services (functional)
$2,407,665

Balance sheet and other

Total assets, start of year
$7,158,598
Total assets, end of year
$8,196,000
Total liabilities, end of year
$9,318,695
Net assets, end of year
-$1,122,695
Land, buildings and equipment
$6,831,109
Gross receipts
$2,132,425
Employees
0
Volunteers
0
Year formed
1976
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
REBECCA HATFIELDPRESIDENT (PAST)
Officer
1$0$422,503$23,000
ERIC BOUCHERINTERIM PRESIDENT AND CEO
Officer
1$0$205,707$47,322
KATY SMITHVP OF SENIOR LIVING
Officer
1$0$167,149$40,500
KIM FARRARVP OF STRATEGIC INITIATIVE
Officer
1$0$164,198$18,383
SARA OLSONVP OF ADVANCEMENT
Officer
1$0$146,058$30,500
AMANDA GILLIAMVP OF PROPERTY MANAGEMENT
Officer
1$0$134,309$28,558
JIM HANLEYDIRECTOR
Trustee or director
1$0$0$0
ALICE KABOREDIRECTOR
Trustee or director
1$0$0$0
JANICE DE LIMADIRECTOR
Trustee or director
1$0$0$0
KIMBERLY TWITCHELLDIRECTOR
Trustee or director
1$0$0$0
DR RENEE FAY-LEBLANCVICE CHAIR
Trustee or director
1$0$0$0
DEBRA ORELLANA-MEJIADIRECTOR
Trustee or director
1$0$0$0
TIMOTHY AGNEWTREASURER
Trustee or director
1$0$0$0
PETER BASSDIRECTOR
Trustee or director
1$0$0$0
CHOMBA KALUBADIRECTOR
Trustee or director
1$0$0$0
8 more people on this return
NameTitleHours / weekCompensation
JAMES ELKINSDIRECTOR
Trustee or director
1$0
ANDREA DODGE PATSTONECHAIR
Trustee or director
1$0
DR JULIA REDDINGDIRECTOR
Trustee or director
1$0
LYNNE ROCHEDIRECTOR
Trustee or director
1$0
NATHAN POOREDIRECTOR
Trustee or director
1$0
DOUGLAS STOCKBRIDGEDIRECTOR
Trustee or director
1$0
PETER PITEGOFFSECRETARY
Trustee or director
1$0
AMY SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
REBECCA HATFIELDPRESIDENT
Officer
1$0$265,049$45,000
ERIC BOUCHERSR. VP OF FINANCE AND ADMINISTRATION
Officer
1$0$192,384$45,000
KATY SMITHVP OF SENIOR LIVING
Officer
1$0$160,223$38,333
KIM FARRARVP OF STRATEGIC INITIATIVE
Officer
1$0$149,722$17,975
AMANDA GILLIAMVP OF PROPERTY MANAGEMENT & RESIDENT SERVICES
Officer
1$0$110,407$34,411
JIM HANLEYDIRECTOR
Trustee or director
1$0$0$0
ALICE KABOREDIRECTOR
Trustee or director
1$0$0$0
JANICE DE LIMADIRECTOR
Trustee or director
1$0$0$0
KIMBERLY TWITCHELLDIRECTOR
Trustee or director
1$0$0$0
DR RENEE FAY-LEBLANCVICE CHAIR
Trustee or director
1$0$0$0
DEBRA ORELLANA-MEJIADIRECTOR
Trustee or director
1$0$0$0
TIMOTHY AGNEWTREASURER
Trustee or director
1$0$0$0
PETER BASSDIRECTOR
Trustee or director
1$0$0$0
CHOMBA KALUBADIRECTOR
Trustee or director
1$0$0$0
JAMES ELKINSDIRECTOR
Trustee or director
1$0$0$0
ANDREA DODGE PATSTONECHAIR
Trustee or director
1$0$0$0
DR JULIA REDDINGDIRECTOR
Trustee or director
1$0$0$0
LYNNE ROCHEDIRECTOR
Trustee or director
1$0$0$0
NATHAN POOREDIRECTOR
Trustee or director
1$0$0$0
DOUG STOCKBRIDGEDIRECTOR
Trustee or director
1$0$0$0
PETER PITEGOFFSECRETARY
Trustee or director
1$0$0$0
AMY SMITHDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
307 CUMBERLAND AVE, PORTLAND, ME 04101-4920
In care of
% AVESTA HOUSING
Principal officer (990 for 2024)
ERIC BOUCHER, 307 CUMBERLAND AVENUE, PORTLAND, ME 04101
Signed the 990
ERIC BOUCHER, SR VP OF FINANCE AND ADMINISTRATION
Phone
(207) 553-7777
Return prepared by
OTIS ATWELL

Mission

PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY AND FAMILIES.

990 for the year ended December 31, 2024

Program accomplishments

  • OWN AND OPERATE 48 UNIT APARTMENT COMPLEX, KNOWN AS WOODSIDE AT VILLAGE SQUARE, FOR LOW-INCOME TENANTS.
    Expenses $646,238 · revenue $255,260
  • OWN AND OPERATE 24 UNIT APARTMENT COMPLEX, KNOWN AS PINEWOOD APARTMENTS, FOR LOW-INCOME TENANTS.
    Expenses $538,862 · revenue $94,292
  • OWN AND OPERATE 12 UNIT APARTMENT COMPLEX, KNOWN AS MARY ANN MANOR, FOR LOW-INCOME TENANTS.
    Expenses $248,221 · revenue $62,047
  • OWN AND OPERATE FOUR APARTMENT COMPLEXES FOR LOW-INCOME TENANTS, KNOWN AS BROADWAY NORTH APARTMENTS, FOXWELL II, THIRTY BIRCH LANE, HILL STREET TERRACE AND WAYSIDE PINES.
    Expenses $974,344 · revenue $531,433

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0347202
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,196,000
Income (IRS master file)
$2,132,425

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,132,425$2,407,665$8,196,000XML
990December 2023$1,332,327$1,616,936$7,158,598XML
990December 2022$1,290,264$1,355,946$5,792,478IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 01-0347202).

Questions about HILL STREET TERRACE HOUSING CORP

What is the EIN of HILL STREET TERRACE HOUSING CORP?
The employer identification number (EIN) of HILL STREET TERRACE HOUSING CORP is 01-0347202.
Is HILL STREET TERRACE HOUSING CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to HILL STREET TERRACE HOUSING CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HILL STREET TERRACE HOUSING CORP 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 HILL STREET TERRACE HOUSING CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HILL STREET TERRACE HOUSING CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HILL STREET TERRACE HOUSING CORP?
The 990 for the year ended December 31, 2024 names ERIC BOUCHER.
Who are the officers and directors of HILL STREET TERRACE HOUSING CORP?
The 990 for the year ended December 31, 2024 lists 23 people; 0 received compensation from the organization.
How much revenue does HILL STREET TERRACE HOUSING CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,132,425, expenses of $2,407,665 and total assets of $8,196,000 at year end.

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