Mission
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.
Public Charity
BANGOR HOUSING DEVELOPMENT CORPORATION
BANGOR HOUSING DEVELOPMENT CORPORATION is a Public Charity headquartered in BANGOR, ME. Financial data from the 2025 filing: $3.9M revenue, $3.7M expenses, $11.1M total assets. 1 publicly reported grants to this organization, totaling roughly $500K, appear in IRS filings.
EIN: 222970652
BANGOR, ME
Latest filing: 2025
Total Revenue$3.9M
Total Expenses$3.7M
Total Assets$11.1M
Grant Records1
Funding Total$500K
Filing Years2021–2025
Where $100 goes at Bangor Housing Development Corporation
How Bangor Housing Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$94
Programs
the work itself
$6
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 $94 for programs
$94
The organization owns four low-income housing projects and two affordable market rate projects located in the state of maine
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
For grant recipient's exempt purposes
$500,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
DIRECTOR
Brenda Brown
PRESIDENT
Elizabeth Hayward
DIRECTOR
Jane Johnson
SECRETARY/TREASURER
Michael Myatt
DIRECTOR
Paul Chaiken
DIRECTOR
Richard Lafertie
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.9M | $3.7M | $11.1M |
| 2024 | $3.6M | $3.4M | $11.3M |
| 2023 | $2.7M | $3.0M | $18.4M |
| 2022 | $2.6M | $3.1M | $11.2M |
| 2021 | $2.6M | $2.7M | $11.3M |
Between 2021 and 2025, reported annual revenue grew from $2.6M to $3.9M (+53%), with total assets most recently reported at $11.1M.
Interactive year-over-year charts and full filing details available with membership.