Mission
THE MISSION OF THE RAISE-OP IS TO OPERATE SAFE AND AFFORDABLE HOUSING THAT IS DEMOCRATICALLY CONTROLLED BY ITS MEMBERS ON A NON-PROFIT BASIS.
Public Charity
RAISE-OP HOUSING COOPERATIVE
Based in LEWISTON, ME, RAISE-OP HOUSING COOPERATIVE operates as a Public Charity. The organization reported $475K in revenue, $331K in expenses, $2.9M in total assets for fiscal year 2025. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $959K.
EIN: 471739509
LEWISTON, ME
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2025
Total Revenue$475K
Total Expenses$331K
Total Assets$2.9M
Grant Records9
Funding Total$959K
Filing Years2020–2025
Where $100 goes at Raise-Op Housing Cooperative
How Raise-Op Housing Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$87
Programs
the work itself
$10
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $87 for programs
$87
Raise-op provided safe, quality, affordable, energy-efficient housing; maintained clean buildings and common spaces; provided a variety of housing options; and fostered stewardship of the land, buildings, and the…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$20,000
COMMUNITY & HUMAN SERVICES
$600,000
GENERAL SUPPORT
$83,000
UNRESTRICTED
$5,002
COMMUNITY & HUMAN SERVICES
$200,000
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
DIRECTOR
Brendan Akers
DIRECTOR (THRU JULY)
Hilowle Aden
TREASURER (THRU SEPTEMBER)
Ifraax Saciid
PRESIDENT/SECRETARY
Michael Herrmann
DIRECTOR (THRU NOVEMBER)
Nimo Mohamed
DIRECTOR
Siiri Cressey
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $475K | $331K | $2.9M |
| 2024 | $317K | $379K | $2.7M |
| 2023 | $941K | $306K | $2.8M |
| 2022 | $964K | $292K | $2.1M |
| 2020 | $503K | $207K | $1.2M |
Between 2020 and 2025, reported annual revenue declined from $503K to $475K (-5%), with total assets most recently reported at $2.9M.
Interactive year-over-year charts and full filing details available with membership.