Public Charity

SOUTH PORTLAND HOUSING DEVELOPMENT CORP

SOUTH PORTLAND HOUSING DEVELOPMENT CORP is a nonprofit organization categorized as Public Charity based in SOUTH PORTLAND, ME. Its most recent IRS filing (2025) reports revenue of $7.3M, expenses of $1.6M, total assets of $18.9M.

EIN: 222648277 SOUTH PORTLAND, ME Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2025
Total Revenue$7.3M
Total Expenses$1.6M
Total Assets$18.9M
Grant Records1
Filing Years2021–2025

Mission

LOW-INCOME HOUSING

Where $100 goes at South Portland Housing Development Corp

How South Portland Housing Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
To develop and manage projects providing low income housing to the elderly, handicapped and families
All program spending
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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.

Officers & Directors

DIRECTOR Alison Dame
DIRECTOR Christine Dearborn
DIRECTOR Ghomri Rostampour
VICE PRESIDENT Judy Carpenter
DIRECTOR Kathryn G Adams
DIRECTOR Kathryn Lovejoy

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $7.3M $1.6M $18.9M
2024 $4.3M $3.8M $10.8M
2023 $4.1M $2.7M $10.4M
2022 $2.0M $1.3M $9.2M
2021 $1.2M $1.0M $9.1M

Between 2021 and 2025, reported annual revenue grew from $1.2M to $7.3M (+486%), with total assets most recently reported at $18.9M.

Interactive year-over-year charts and full filing details available with membership.

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