Nonprofit · EIN 45-2991030
SOUTHERN MAINE AFFORDABLE HOUSING
Tax-exempt (reinstated) · BIDDEFORD, ME 04005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $351,077 | $345,900 | $5,177 | $4,612,605 | $2,736,093 | $1,876,512 |
| December 31, 2023 | 990 | $1,469,443 | $0 | $1,469,443 | $5,429,520 | $3,558,185 | $1,871,335 |
| December 31, 2021 | 990 | $103,023 | $55,000 | $48,023 | $3,431,246 | $3,004,226 | $427,020 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $92,517
- of which government grants
- $92,517
- Program service revenue
- $0
- Investment income
- $587
- Net rental income
- $141,069
- Other revenue
- $257,973
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $56,299
- Program services (functional)
- $345,900
Balance sheet and other
- Total assets, start of year
- $5,429,520
- Total assets, end of year
- $4,612,605
- Total liabilities, end of year
- $2,736,093
- Net assets, end of year
- $1,876,512
- Land, buildings and equipment
- $4,077,759
- Net assets without donor restrictions
- $1,876,512
- Gross receipts
- $754,477
- Employees
- 0
- Year formed
- 2011
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Guy Gagnon | President Trustee or director, Officer | 15 | $0 |
| Roch Angers | Secretary Trustee or director | – | $0 |
| Rene Simard | Director Trustee or director | – | $0 |
| Anne Daly | Director Trustee or director | – | $0 |
| Susan Cartier | Treasurer Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Guy Gagnon | President Trustee or director, Officer | 15 | $0 |
| Roch Angers | Secretary Trustee or director | – | $0 |
| Rene Simard | Director Trustee or director | – | $0 |
| Anne Daly | Director Trustee or director | – | $0 |
| Susan Cartier | Treasurer Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2021: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Guy Gagnon | President Trustee or director, Officer | 15 | $0 |
| Roch Angers | Secretary Trustee or director | – | $0 |
| Rene Simard | Director Trustee or director | – | $0 |
| Anne Daly | Director Trustee or director | – | $0 |
| Susan Cartier | Treasurer Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 22 SOUTH ST, BIDDEFORD, ME 04005-2407
- In care of
- % FRANK K N CHOWDRY
- Principal officer (990 for 2024)
- Guy Gagnon, 22 South Street, Biddeford, ME 04005
- Signed the 990
- Guy Gagnon, President
- Phone
- (207) 282-6537
Mission
To provide quality affordable housing
Program accomplishments
- Southern Maine Affordable Houisng purchase a multi family 50 units property for affordable housing rental units.Expenses $56,299 · revenue $141,069
- Grants for construction and development ActivityExpenses $289,601 · revenue $92,517
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 | Not 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
- 45-2991030
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $4,612,605
- Income (IRS master file)
- $754,477
Revocation and reinstatement
- Exemption revoked
- May 15, 2014
- Posted by the IRS
- August 11, 2014
- Reinstated
- Effective May 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $351,077 | $345,900 | $4,612,605 | XML |
| 990 | December 2023 | $1,469,443 | $0 | $5,429,520 | XML |
| 990 | December 2022 | -$25,128 | $0 | $3,383,901 | IRS |
| 990 | December 2021 | $103,023 | $55,000 | $3,431,246 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 45-2991030).
Questions about SOUTHERN MAINE AFFORDABLE HOUSING
- What is the EIN of SOUTHERN MAINE AFFORDABLE HOUSING?
- The employer identification number (EIN) of SOUTHERN MAINE AFFORDABLE HOUSING is 45-2991030.
- Is SOUTHERN MAINE AFFORDABLE HOUSING tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
- Are donations to SOUTHERN MAINE AFFORDABLE HOUSING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHERN MAINE AFFORDABLE HOUSING 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 SOUTHERN MAINE AFFORDABLE HOUSING 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 SOUTHERN MAINE AFFORDABLE HOUSING 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 SOUTHERN MAINE AFFORDABLE HOUSING?
- The 990 for the year ended December 31, 2024 names Guy Gagnon.
- Who are the officers and directors of SOUTHERN MAINE AFFORDABLE HOUSING?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SOUTHERN MAINE AFFORDABLE HOUSING have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $351,077, expenses of $345,900 and total assets of $4,612,605 at year end.
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- PERMANENT ARCHIVE FUND EIN 93-1921930 · last filed 990 for 2024
- ARCHIVE SUSTAINING FOUNDATION EIN 93-1674828 · last filed 990 for 2024
- ST ANDRE HEALTH CARE FACILITY EIN 01-0342399 · last filed 990 for 2024
- STAR LIBRARY FOUNDATION EIN 99-4746886 · last filed 990 for 2024
- KAHLE-AUSTIN FOUNDATION EIN 91-1816164 · last filed 990-PF for 2024