AI Summary
Bangor Housing Development Corporation is a Maine-based nonprofit focused on retirement housing and on organizing, developing, financially assisting, or managing low- and moderate-income rental projects and programs in Maine. In filing year 2025, it reported a $3.7M operating budget and $3.9M in total revenue, with major support from John T Gorman Foundation and PETER ALFOND FOUNDATION.
Mission Statement
THE SPECIFIC PURPOSES OF THE CORPORATION ARE TO ORGANIZE, DEVELOP, FINANCIALLY ASSIST, OR MANAGE, ON A NON-PROFIT BASIS, PROJECTS OR PROGRAMS PROVIDING LOW- AND MODERATE-INCOME RENTALS IN MAINE.
Cause Areas
1
Retirement housing
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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
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- 3 funders
- 10 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is BANGOR HOUSING DEVELOPMENT CORPORATION’s budget?
In 2024, BANGOR HOUSING DEVELOPMENT CORPORATION reported an annual operating budget of around $3.4 million. More detailed financial information is available to registered users.
What causes does BANGOR HOUSING DEVELOPMENT CORPORATION support?
BANGOR HOUSING DEVELOPMENT CORPORATION supports work in Retirement housing.
Where does BANGOR HOUSING DEVELOPMENT CORPORATION operate?
BANGOR HOUSING DEVELOPMENT CORPORATION is headquartered in BANGOR, ME.
Who funded BANGOR HOUSING DEVELOPMENT CORPORATION recently?
In 2024, BANGOR HOUSING DEVELOPMENT CORPORATION received grants from John T Gorman Foundation, PETER ALFOND FOUNDATION, and John T Gorman Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant BANGOR HOUSING DEVELOPMENT CORPORATION received in 2024?
The largest grant to BANGOR HOUSING DEVELOPMENT CORPORATION in 2024 exceeds $297 thousand.