Overview

Sign up to

Est.

1972

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

AVESTA HOUSING DEVELOPMENT CORPORATION is a housing services and public housing nonprofit focused on improving lives and strengthening communities by promoting and providing quality affordable homes for people in need. In filing year 2024, it operated with a $14.8M budget and $13.5M in revenue, with major support from NEIGHBORHOOD REINVESTMENT CORPORATION, TD CHARITABLE FOUNDATION, and United Way of Southern Maine.

Mission Statement

Our mission is to improve lives and strengthen communities by promoting and providing quality affordable homes for people in need.
Revenues
$13.5M
Expenses
$14.8M
Net Income:
-$1.3M
Assets
$82.7M
Liabilities
$57.8M
Net Assets:
+$24.9M
Operating Budget
$14.8M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
14
Median grant size
$13.8K
Largest grant received
$475.9K
P
Peter Bass
Board Member
N
Nathan Poore
Board Member
C
Chomba Kaluba
Board Member
Free account

There’s more to this organization

Create a free account to go deeper. No payment required.

  • 39 funders
  • 59 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
Free forever. Takes about a minute.

Is your org on Google Workspace or Microsoft 365? Sign up in seconds. Already have an account? Log in

By signing up, I agree to Impala’s Terms of Use and Privacy Policy.

Frequently Asked Questions

What is AVESTA HOUSING DEVELOPMENT CORPORATION’s budget?
In 2024, AVESTA HOUSING DEVELOPMENT CORPORATION reported an annual operating budget of around $14.8 million. More detailed financial information is available to registered users.
What causes does AVESTA HOUSING DEVELOPMENT CORPORATION support?
AVESTA HOUSING DEVELOPMENT CORPORATION supports work in Housing services and Public housing.
Where does AVESTA HOUSING DEVELOPMENT CORPORATION operate?
AVESTA HOUSING DEVELOPMENT CORPORATION is headquartered in PORTLAND, ME.
Who funded AVESTA HOUSING DEVELOPMENT CORPORATION recently?
In 2025, AVESTA HOUSING DEVELOPMENT CORPORATION received grants from Bangor Savings Bank Foundation, TD CHARITABLE FOUNDATION, and Franklin Savings Bank Community Development Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant AVESTA HOUSING DEVELOPMENT CORPORATION received in 2024?
The largest grant to AVESTA HOUSING DEVELOPMENT CORPORATION in 2024 exceeds $476 thousand.
What is AVESTA HOUSING DEVELOPMENT CORPORATION’s reliance on government grants?
AVESTA HOUSING DEVELOPMENT CORPORATION relied on government grants for more than 30% of their total revenue in 2024.