Public Charity

SHA DEVELOPMENT CORPORATION

SHA DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in SANFORD, ME. Its most recent IRS filing (2025) reports revenue of $14.2M, expenses of $1.2M, total assets of $14.8M.

EIN: 311699762 SANFORD, ME Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025

Total Revenue$14.2M

Total Expenses$1.2M

Total Assets$14.8M

Grant Records0

Filing Years2025

Mission

IN FURTHERANCE AND NOT IN LIMITATION OF THE FOREGOING, THE PURPOSE OF THE CORPORATION INCLUDE (1) TO ACQUIRE, SELL, LEASE, FINANCE, CONSTRUCT, DEVELOP, REHABILITATE, OWN, MANAGE, AND MAINTAIN HOUSING WHICH IS DECENT, SAFE, AND AFFORDABLE FOR LOW-INCOME PERSONS, INCLUDING PERSONS WITH NEEDS FOR SUPPORTIVE SERVICES AT THE SITE OF THEIR HOUSING AND (2) TO FOSTER DEVELOPMENT OF, AND DEVELOPING AND OPERATING, EITHER DIRECTLY OR INDIRECTLY, AFFORDABLE HOUSING PROJECTS IN SANFORD, MAINE AND UNDERTAKING FINANCIAL AND OTHER COMMITMENTS TO NECESSARY OR ADVISABLE TO ACHEIVE THOSE PURPOSES.

Where $100 goes at Sha Development Corporation

How Sha Development Corporation divides every $100 it spends, from its own Form 990 filings.

$100 Programs the work itself

<$1 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 $100 for programs

$100

To provide safe, quality and affordable housing for eligible populations in need of assistance

All program spending

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

MEMBER Chris Laroche

TENANT REPRESENTATIVE Cora Roberge

PRESIDENT/SECRETARY/EX DIR Diane Small

MEMBER Kimberly Lachance

MEMBER Mary Hastings

TREASURER Mike Jean

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$14.2M	$1.2M	$14.8M

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

See the full picture for SHA DEVELOPMENT CORPORATION

Complete financials, all 0 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports