AVESTA HOUSING DEVELOPMENT CORPORATION

AVESTA HOUSING DEVELOPMENT CORPORATION

PORTLAND, ME, US
•
a.k.a Avesta Housing
•
501(c)(3)
•
EIN
01-0315296
•
https://www.avestahousing.org/
•
•
Women Led
BIPOC Led

AVESTA HOUSING DEVELOPMENT CORPORATION

PORTLAND, ME, US
•
a.k.a Avesta Housing
•
501(c)(3)
•
EIN
01-0315296
•
https://www.avestahousing.org/
•
•
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$82,732,095

Other Assets
62%
Property, Plant, & Equipment (net)
29%
Cash & Equivalents
8%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$57,782,435

Notes Payable / Debt (Non-Related)
90%
Payables & Accruals
7%
Other Liabilities
3%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,401,630
$6,569,117
-11%
Receivables (Non-Related)
$711,061
$269,347
-62%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$119,511
$250,425
+110%
Investments
-
-
-
Property, Plant, & Equipment (net)
$24,377,170
$24,183,298
-1%
Other Assets
$45,393,767
$51,459,908
+13%
Total Assets
$78,003,139
$82,732,095
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$3,528,495
$4,079,800
+16%
Grants Payable
-
-
-
Deferred Revenue
$344,784
$244,784
-29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$47,117,052
$51,810,237
+10%
Related-Party Payables
-
-
-
Other Liabilities
$1,422,191
$1,647,614
+16%
Total Liabilities
$52,412,522
$57,782,435
+10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$25,590,617
$24,949,660
-3%
Net assets
2023
2024
Change
Net assets
+$25,590,617
+$24,949,660
-3%
Balance Sheet
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