Public Charity

AVESTA HOUSING MANAGEMENT CORPORATION

AVESTA HOUSING MANAGEMENT CORPORATION is a nonprofit organization categorized as Public Charity based in PORTLAND, ME. Its most recent IRS filing (2024) reports revenue of $10.9M, expenses of $10.9M, total assets of $5.4M.

EIN: 237356030 PORTLAND, ME Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$10.9M
Total Expenses$10.9M
Total Assets$5.4M
Grant Records0
Filing Years2019–2024

Mission

AVESTA HOUSING MANAGEMENT CORPORATION'S MISSION IS TO IMPROVE LIVES AND STRENGTHEN COMMUNITIES BY PROMOTING AND PROVIDING QUALITY AFFORDABLE HOMES FOR PEOPLE IN NEED.

Where $100 goes at Avesta Housing Management Corporation

How Avesta Housing Management Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$92 Programs the work itself
$7 Management running the organization
$1 Fundraising raising the next dollar

Inside the $92 for programs

$92
All expenses relate to the management of affordable housing properties and support for residents living in those properties
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alice Kabore
VP OF PROPERTY MANAGEMENT Amanda Gilliam
DIRECTOR Amy Smith
CHAIR Andrea Dodge Patstone
DIRECTOR Chomba Kaluba
DIRECTOR Debra Orellana-Mejia

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $10.9M $10.9M $5.4M
2023 $10.6M $10.4M $5.5M
2022 $9.4M $9.5M $4.3M
2020 $8.3M $7.2M $3.4M
2019 $6.8M $6.6M $1.9M

Between 2019 and 2024, reported annual revenue grew from $6.8M to $10.9M (+59%), with total assets most recently reported at $5.4M.

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

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