Nonprofit · EIN 01-0540981
COMMUNITY CONCEPTS FINANCE CORP
Tax-exempt · LEWISTON, ME 04240
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $2,123,448 | $1,795,923 | $327,525 | $12,132,323 | $7,726,491 | $4,405,832 |
| September 30, 2024 | 990 | $2,349,550 | $2,407,655 | -$58,105 | $12,924,570 | $8,846,263 | $4,078,307 |
| September 30, 2023 | 990 | $2,055,844 | $2,001,214 | $54,630 | $12,510,089 | $8,137,105 | $4,372,984 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $833,404
- of which government grants
- $320,223
- Program service revenue
- $1,288,943
- Investment income
- $1,101
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $31,037
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $27,117
- Occupancy
- $52,013
- Travel
- $10,656
- Program services (functional)
- $1,622,163
- Management and general (functional)
- $173,760
Balance sheet and other
- Total assets, start of year
- $12,924,570
- Total assets, end of year
- $12,132,323
- Total liabilities, end of year
- $7,726,491
- Net assets, end of year
- $4,405,832
- Publicly traded securities
- $19,887
- Net assets without donor restrictions
- $36,187
- Net assets with donor restrictions
- $4,369,645
- Gross receipts
- $2,123,448
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2000
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Martin | CEO - CCI Officer | 10 | $0 | $209,865 | $49,328 |
| Laura Minkowsky-Gormley | CFO - CCI Officer | 10 | $0 | $158,772 | $30,632 |
| Natalie Washburn | Interim President Officer | 40 | $0 | $85,079 | $15,681 |
| Travis Frautten | Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Dennis Lajoie | Vice Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Lincoln Jeffers | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Jennifer Corbet | Director Trustee or director | 2 | $0 | $0 | $0 |
| Steve Davis | Director Trustee or director | 2 | $0 | $0 | $0 |
| Peter Garcia | Director Trustee or director | 2 | $0 | $0 | $0 |
| Fowsia Musse | Director Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Martin | CEO - CCI Officer | 10 | $0 | $193,515 | $27,238 |
| Laura Gormley | CFO - CCI Officer | 10 | $0 | $139,233 | $28,897 |
| Nathan Libby | Past President Officer | 40 | $0 | $109,013 | $14,329 |
| Travis Frautten | Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Dennis Lajoie | Vice Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Lincoln Jeffers | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Jennifer Corbet | Director Trustee or director | 2 | $0 | $0 | $0 |
| Steven Davis | Director Trustee or director | 2 | $0 | $0 | $0 |
| Peter Garcia | Director Trustee or director | 2 | $0 | $0 | $0 |
| Fowsia Musse | Director Trustee or director | 2 | $0 | $0 | $0 |
| Natalie Beale | President Officer | 40 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mary-Rita Reinhard | Interim CEO, COO - CCI Officer | 0 | $0 | $142,729 | $21,924 |
| Laura Gormley | CFO - CCI Officer | 10 | $0 | $125,444 | $26,369 |
| Nathan Libby | President Officer | 40 | $0 | $96,246 | $6,870 |
| James Martin | CEO - CCI Officer | 10 | $0 | $2,035 | $669 |
| Travis Frautten | Chair Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| Christopher Paradis | Vice Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Lincoln Jeffers | Secretary Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| Steven Davis | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| Fowsia Musse | Director Trustee or director | 1.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 240 BATES ST, LEWISTON, ME 04240-7330
- In care of
- % MATTHEW SMITH
- Principal officer (990 for 2024)
- James Martin, 240 Bates Street, Lewiston, ME 04240
- Signed the 990
- James Martin, Chief Executive Officer
- Phone
- (207) 739-6545
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
To encourage, stimulate and promote housing development and home ownership within Maine, targeting low income families; To provide alternative financial resources for affordable housing development and low income homeownership; To provide education, training and other services supporting the development of low income housing; And to provide education and financial resources, including loans, for business and economic development activities in urban and rural low-income areas.
Program accomplishments
- Housing - Creates homeowners through lending and home building and seeks development of affordable multi-family housing through various funding mechanisms. Services include lending services, credit and home ownership education. Similar services provided in the areas of small business lending and economic development.Expenses $1,622,163 · grants $31,037 · revenue $1,288,943
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 01-0540981
- 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
- 2003
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $12,132,323
- Income (IRS master file)
- $2,123,448
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $2,123,448 | $1,795,923 | $12,132,323 | XML |
| 990 | September 2024 | $2,349,550 | $2,407,655 | $12,924,570 | XML |
| 990 | September 2023 | $2,055,844 | $2,001,214 | $12,510,089 | XML |
| 990 | September 2022 | $1,681,821 | $1,909,355 | $12,664,182 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 01-0540981).
Questions about COMMUNITY CONCEPTS FINANCE CORP
- What is the EIN of COMMUNITY CONCEPTS FINANCE CORP?
- The employer identification number (EIN) of COMMUNITY CONCEPTS FINANCE CORP is 01-0540981.
- Is COMMUNITY CONCEPTS FINANCE CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to COMMUNITY CONCEPTS FINANCE CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY CONCEPTS FINANCE 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 COMMUNITY CONCEPTS FINANCE CORP due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY CONCEPTS FINANCE CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of COMMUNITY CONCEPTS FINANCE CORP?
- The 990 for the year ended September 30, 2025 names James Martin.
- Who are the officers and directors of COMMUNITY CONCEPTS FINANCE CORP?
- The 990 for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY CONCEPTS FINANCE CORP have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $2,123,448, expenses of $1,795,923 and total assets of $12,132,323 at year end.
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