Lewiston-auburn Area Housing Development Corporation
Only null% goes to programs Thin reserves
Lewiston-auburn Area Housing Development Corporation is a 501(c)(3) organization based in Lewiston, Maine, registered in 1992, with $396,741 in FY2023 revenue. CharityIndex grades it F.
86 Lisbon St, Lewiston, ME, 04240 EIN 01-0462712 Since 1992
Revenue (FY2023)
$397K
▼ 24.3% vs prior year
Housing median: $408K
Expenses (FY2023)
$1.4M
Net assets
-$48K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lewiston-auburn Area Housing Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -263% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lewiston-auburn Area Housing Development Corporation: 0 mo reserves · -263% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lewiston-auburn Area Housing Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lewiston-auburn Area Housing Development Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 86 Lisbon St, Lewiston, ME, 04240
- City
- Lewiston
- State
- Maine
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $210K (FY2018) to $397K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.1MNet assets -$48K
Operating margin
-262.9%
Spent more than it raised in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$3.1M
Net assets
-$48K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $396,741▼24.3% | $1,439,838▲79.9% | -$47,548▼105% | $3,009,101▼51.7% | 990 |
| 2022 | $524,351▲55.9% | $800,258▲0.2% | $1,013,475▲38.9% | $6,234,149▲162% | 990 |
| 2021 | $336,271▼10.5% | $798,732▲66.0% | $729,843▼38.8% | $2,380,421▼9.7% | 990 |
| 2020 | $375,800▼31.4% | $481,135▲56.8% | $1,192,304▼8.1% | $2,635,385▼3.3% | 990 |
| 2019 | $548,050▲161% | $306,839▲40.3% | $1,297,965▲22.8% | $2,726,730▲149% | 990 |
| 2018 | $209,809 | $218,744 | $1,056,754 | $1,095,428 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $66K total
1 grant to Lewiston-auburn Area Housing Development Corporation totaling $66K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Maine Community Foundation Inc | Housing development, construction & management, emergency hardship | 2024 | $65,522 |
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Frequently asked questions
- Is Lewiston-auburn Area Housing Development Corporation a legitimate nonprofit?
- Yes. Lewiston-auburn Area Housing Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0462712, based in Lewiston, Maine. Donations are tax-deductible.
- What is Lewiston-auburn Area Housing Development Corporation's EIN?
- Lewiston-auburn Area Housing Development Corporation's Employer Identification Number (EIN) is 01-0462712.
- How much revenue does Lewiston-auburn Area Housing Development Corporation report?
- Lewiston-auburn Area Housing Development Corporation reported $396,741 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lewiston-auburn Area Housing Development Corporation have?
- CharityIndex grades Lewiston-auburn Area Housing Development Corporation F, based on financial health (reserves and operating margin).
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Data for Lewiston-auburn Area Housing Development Corporation (EIN 01-0462712) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.