Nonprofit · EIN 22-2993615
ISLAND HOUSING TRUST
Tax-exempt · MOUNT DESERT, ME 04660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,104,704 | $617,656 | $1,487,048 | $9,268,255 | $913,820 | $8,354,435 |
| December 31, 2024 | 990 | $2,060,679 | $522,120 | $1,538,559 | $7,589,316 | $728,085 | $6,861,231 |
| December 31, 2023 | 990 | $1,040,659 | $511,794 | $528,865 | $5,330,740 | $15,540 | $5,315,200 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,995,639
- of which government grants
- $167,693
- Program service revenue
- $3,706
- Investment income
- $102,401
- Net gain from sales of assets
- $2,216
- Other revenue
- $2,958
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $115,400
- Other salaries and wages
- $199,488
- Salaries, compensation and benefits (total)
- $382,867
- Professional fundraising fees
- $0
- Legal fees
- $934
- Accounting fees
- $11,721
- Occupancy
- $16,260
- Depreciation
- $1,907
- Program services (functional)
- $287,414
- Management and general (functional)
- $214,634
- Fundraising (functional)
- $115,608
Balance sheet and other
- Total assets, start of year
- $7,589,316
- Total assets, end of year
- $9,268,255
- Total liabilities, end of year
- $913,820
- Net assets, end of year
- $8,354,435
- Land, buildings and equipment
- $102,206
- Publicly traded securities
- $105,566
- Net assets without donor restrictions
- $4,806,938
- Net assets with donor restrictions
- $3,547,497
- Gross receipts
- $2,182,433
- Employees
- 6
- Volunteers
- 31
- Year formed
- 1989
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARLA O'BYRNE | ED THRU 10/3 Officer | 40 | $84,828 | $2,648 |
| SHERRY BILLINGS | EXECUTIVE DI Officer | 40 | $24,521 | $3,271 |
| JEANNIE ANDERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EDITH DEEDIE BOUSCAREN | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| JASON BRIGGS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERICA BROOKS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HEATHER RICHARDS EVANS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LYDIA GOETZE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JAMES GREEN | VICE PRESIDE Trustee or director, Officer | 10 | $0 | $0 |
| JOANNE HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN C HENRY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY JOHNSON | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| MARY MCCALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL MCKAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| THOMAS NELSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA NITZE | DIRECTOR Trustee or director | 2 | $0 |
| KENDRA RAND | SECRETARY Trustee or director, Officer | 2 | $0 |
| RHONDA SAWYER | DIRECTOR Trustee or director | 2 | $0 |
| CASEY VAN DER STRICHT | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTOPHER WHITE | DIRECTOR Trustee or director | 3 | $0 |
| AVEREL WILSON | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARLA O'BYRNE | EXECUTIVE DI Officer | 40 | $91,838 | $2,699 |
| EDITH DEEDIE BOUSCAREN | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| JASON BRIGGS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERICA BROOKS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREG DALTON | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| HEATHER RICHARDS EVANS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LYDIA GOETZE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JAMES GREEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOANNE HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN C HENRY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY JOHNSON | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| MARY MCCALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL MCKAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| THOMAS NELSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENDRA RAND | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| RHONDA SAWYER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CASEY VAN DER STRICHT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER WHITE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| AVEREL WILSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARLA O'BYRNE | EXECUTIVE DI Officer | 40 | $85,305 | $16,320 |
| EDITH DEEDIE BOUSCAREN | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| JASON BRIGGS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERICA BROOKS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREG DALTON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| LYDIA GOETZE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOANNE HARRIS | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| JOHN C HENRY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY JOHNSON | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| JOHN T KELLY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARY MCCALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| THOMAS NELSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENDRA RAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGORY SCOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KYLE SHANK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER WHITE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| AVEREL WILSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 851, MOUNT DESERT, ME 04660-0851
- Principal officer (990 for 2025)
- EDITH DEEDIE BOUSCAREN, PO BOX 851, NORTHEAST HARBOR, ME 04662
- Signed the 990
- SHERRY BILLINGS, EXECUTIVE DIRECTOR
- Phone
- (207) 244-8011
- Website
- WWW.ISLANDHOUSINGTRUST.ORG
- Return prepared by
- LG&H
Mission
ISLAND HOUSING TRUST PROMOTES VIABLE, YEAR-ROUND ISLAND COMMUNITIES BY ADVANCING PERMANENT WORKFORCE HOUSING ON MOUNT DESERT ISLAND, MAINE.
Program accomplishments
- IN 2025, ISLAND HOUSING TRUST (IHT) BEGAN INFRASTRUCTURE WORK FOR A NEW NINE-HOME WORKFORCE HOUSING DEVELOPMENT IN THE TOWN OF MOUNT DESERT, REPRESENTING AN EXPANSION OF A PREVIOUSLY COMPLETED AFFORDABLE HOUSING NEIGHBORHOOD. IHT ALSO COMPLETED CONSTRUCTION OF TWO HOMES THAT HAD BEEN ACQUIRED AS UNFINISHED STRUCTURES. THESE HOMES ARE EXPECTED TO BE OFFERED FOR SALE IN 2026 AT BELOW-MARKET PRICES AFFORDABLE TO HOUSEHOLDS EARNING UP TO 140% OF AREA MEDIAN INCOME. ADDITIONALLY, IHT RECEIVED A DONATED PARCEL OF LAND IN THE VILLAGE OF NORTHEAST HARBOR THAT IS BEING HELD FOR FUTURE AFFORDABLE HOUSING DEVELOPMENT. THROUGHOUT THE YEAR, IHT CONTINUED STEWARDSHIP OF ITS EXISTING AFFORDABLE HOUSING PORTFOLIO, INCLUDING THE RESALE OF TWO HOMES UNDER COVENANT, AND PURSUED OPPORTUNITIES TO EXPAND THE SUPPLY OF PERMANENTLY AFFORDABLE YEAR-ROUND HOUSING FOR LOCAL RESIDENTS.Expenses $287,414 · revenue $3,706
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2993615
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $9,268,255
- Income (IRS master file)
- $2,182,433
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,104,704 | $617,656 | $9,268,255 | XML |
| 990 | December 2024 | $2,060,679 | $522,120 | $7,589,316 | IRS |
| 990 | December 2023 | $1,040,659 | $511,794 | $5,330,740 | XML |
| 990 | December 2022 | $591,049 | $498,530 | $4,799,071 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 22-2993615).
Questions about ISLAND HOUSING TRUST
- What is the EIN of ISLAND HOUSING TRUST?
- The employer identification number (EIN) of ISLAND HOUSING TRUST is 22-2993615.
- Is ISLAND HOUSING TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to ISLAND HOUSING TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ISLAND HOUSING TRUST 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 ISLAND HOUSING TRUST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ISLAND HOUSING TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ISLAND HOUSING TRUST?
- The 990 for the year ended December 31, 2025 names EDITH DEEDIE BOUSCAREN.
- Who are the officers and directors of ISLAND HOUSING TRUST?
- The 990 for the year ended December 31, 2025 lists 21 people; 2 received compensation from the organization, the highest $84,828 (MARLA O'BYRNE, ED THRU 10/3).
- How much revenue does ISLAND HOUSING TRUST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,104,704, expenses of $617,656 and total assets of $9,268,255 at year end.
Other nonprofits in MOUNT DESERT
- NORTHEAST HARBOR TENNIS CLUB EIN 01-0130335 · last filed 990 for 2025
- CAMP BEECH CLIFF EIN 01-0502563 · last filed 990 for 2025
- ISLAND READERS AND WRITERS AN INITIATIVE FOR MAINE CHILDREN EIN 75-3225744 · last filed 990 for 2024
- COMMUNITY SCHOOL EIN 46-5403427 · last filed 990 for 2025
- HARBOR CLUB INC EIN 01-0086202 · last filed 990 for 2025
- THRIVE ADVENTURES EIN 83-3540217 · last filed 990 for 2025
- MOUNT DESERT ISLAND HISTORICAL SOCIETY EIN 51-0137906 · last filed 990 for 2025
- A CLIMATE TO THRIVE EIN 81-0836597 · last filed 990 for 2024
All nonprofits in MOUNT DESERT · Maine · Housing and shelter