Public Charity

BANGOR HOUSING DEVELOPMENT CORPORATION

BANGOR HOUSING DEVELOPMENT CORPORATION is a Public Charity headquartered in BANGOR, ME. Financial data from the 2024 filing: $3.6M revenue, $3.4M expenses, $11.3M total assets. 1 publicly reported grants to this organization, totaling roughly $500K, appear in IRS filings.

EIN: 222970652 BANGOR, ME Latest filing: 2024
Total Revenue$3.6M
Total Expenses$3.4M
Total Assets$11.3M
Grant Records1
Funding Total$500K
Filing Years2020–2024

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.

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

For grant recipient's exempt purposes
$500,000 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $2.5M $2.8M $11.6M

Between 2020 and 2024, reported annual revenue grew from $2.5M to $3.6M (+42%), with total assets most recently reported at $11.3M.

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

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