Public Charity

Islesboro Affordable Property

Islesboro Affordable Property is a nonprofit organization categorized as Public Charity based in Islesboro, ME. Its most recent IRS filing (2024) reports revenue of $197K, expenses of $140K, total assets of $1.7M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $120K.

EIN: 222996309 Islesboro, ME Latest filing: 2024
Total Revenue$197K
Total Expenses$140K
Total Assets$1.7M
Grant Records3
Funding Total$120K
Filing Years2019–2024

Mission

The mission of Islesboro Affordable Property (IAP) is to help in the maintenance and growth of Islesboro as a vital and successful year-round community. Our program, to carry out that mission, is to do all we can to insure that good housing is available for families and individuals who are making Islesboro their permanent home, who participate or will participate in community activities and in particular, for families and individuals whose work is an essential part of the day-to-day life on Islesboro. IAP builds houses for sale or rent. We monitor the private real estate market. We raise funds from private and public sources to underwrite our program.

Officers & Directors

Director Andrew Allen
Director/Chair Barbara Talamo
Director Barry Warren
Director Earl Mackenzie
Incoming Treas. Haven Ladd
Outgoing Treas. Mark Umbach

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$82,750 1 grant
HUMAN SERVICES
$36,750 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $197K $140K $1.7M
2023 $383K $142K $1.7M
2021 $142K $143K $1.5M
2020 $146K $143K $1.6M
2019 $141K $147K $1.6M

Between 2019 and 2024, reported annual revenue grew from $141K to $197K (+40%), with total assets most recently reported at $1.7M.

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

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