philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

H O M E INC FY2023 filing

Tax-deductible

Orland, ME501(c)(3) EIN 01-0287624Revenue $1.3M in FY2023

On file with the IRShomemmausa.orgPo Box 10, 04472-0010 · Orland, METax-exempt since Jun 1971Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

H.O.M.E. INC. Provides jobs, food, education, temporary shelter, and home ownership to low income families and families in need.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$197K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $513K a year · 26% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$197K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Plus $3.8M in investments, Pt X · Ln 11–13
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $183K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-56% vs prior year
Spent
$2.7M
To programs
72%
Net assets
$5.9M
By yearFY2020–FY2024
Revenue
$1.3M
FY2023▼ -56%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$2.3M
FY2022$3.0M
FY2023$1.3M
FY2024$1.7M
Expenses
$2.7M
FY2023▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$2.4M
FY2022$3.0M
FY2023$2.7M
FY2024$2.4M
Net assets
$5.9M
FY2023▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.3M
FY2021$7.2M
FY2022$6.6M
FY2023$5.9M
FY2024$5.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $1.9M Management & general 27% · $722K Fundraising 1% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $197K paid to officers and key staff.

Part VII, Section A · reportable compensation
Tracey Hair
Executive Di
$89,155Pt VII · Sec A
Rosa Moore
Assistant Di
$62,790Pt VII · Sec A
Karen Botta
Staff Rep
$45,399Pt VII · Sec A
Tammie Cox
Secretary
$0Pt VII · Sec A
Dennis Foley
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Denise Keene
Director
$0Pt VII · Sec A
Susan Lessard
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tracey Hair$16,197$89,155$84,412$55,000$61,875
Rosalani Moore$74,189————
Shannon Carpenter$64,846————
Rosa Moore—$62,790$57,348$50,185$50,466
Karen Botta$46,474$45,399$38,098——
Jayme Ream———$39,007$37,594

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See H O M E INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers jobs, food, education, shelter, and homeownership to low-income families.

Questions for H O M E INC

Tap to ask. H O M E INC sees how many people are interested.

Your first name shows with your question. H O M E INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $1.9M · in their own filed words · FY2023
01

Transitional housing, various shelters and food kitchens provided accommodations, food, and needed services to homeless families and individuals located in COASTAL/EASTERN maine.

$1.5Mprogram expense
02

Construction, crafts, and retail operations provided employment, job training, potential home ownership, and life skills to dozens of low income or needy individuals and families located in the COASTAL/EASTERN maine area. Sales receipts from these operations was 23,702 for 2020.

$183Kprogram expense
03

A learning center provided job training, computer training, and literacy & ged programs to those in need of new skills, and operated a day care center for working families.

$179Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Maine Community Foundation INCFY2024$110K
Fidelity Investments Charitable Gift FundFY2024$39K
National Philanthropic TrustFY2024$25K
Donor Advised Charitable Giving INCFY2024$10K
Total grants receivedfrom 4 funders$183K
See all 4 funders →
Grants paid · 11 grants · $125K · 2020–2023
Unitemized GrantFY2023$1,000
Unitemized GrantFY2022$45,122
Unitemized GrantFY2022$32,861
Unitemized GrantFY2022$4,522
Unitemized GrantFY2022$2,095
Unitemized GrantFY2022$1,928
Unitemized GrantFY2022$1,639
St Francis CommunityME · FY2020$13,515
St Francis CommunityME · FY2020$10,299
Unitemized GrantFY2020$7,038
Unitemized GrantFY2020$5,375

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$161K
Investment incomeLn 3$83K
Money outPt IX
$2.7M
Ln 25
Programscol B$1.9M
Managementcol C$722K
Fundraisingcol D$22K
Owns and owesPt X
$5.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$7.0M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$527K
Noncash giftsLn 1g$4K
Fees for servicesLn 2g$161K
Investment incomeLn 3$83K
Gains on assetsLn 7−$214K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$1.0M
SavingsLn 2$301K
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$3.8M
Land, buildings, equipmentLn 10c$1.7M
Total assetsLn 16$7.0M
LiabilitiesLn 26$1.1M
Net assetsLn 32$5.9M
OperationsPt I, VI
EmployeesI 564
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.1M$1.3M
InvestmentsLn 11–13$3.4M$3.8M
Land, buildings, equipmentLn 10c$1.7M$1.7M
Total assetsLn 16$7.5M$7.0M
LiabilitiesLn 26$908K$1.1M
Net assetsLn 32$6.6M$5.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$83K$83K
Pay of current officers, directors and key staffLn 5$198K$119K$73K$6K
Other salaries and wagesLn 7$1.3M$997K$349K
Other employee benefitsLn 9$216K$154K$63K
Payroll taxesLn 10$119K$86K$32K$434
Legal feesLn 11b$3K$343$3K
Accounting feesLn 11c$17K$17K
Investment management feesLn 11f$13K$13K
Other fees for servicesLn 11g$106K$61K$45K
Advertising and promotionLn 12$3K$2K$646
Office expensesLn 13$13K$246$661$12K
OccupancyLn 16$192K$147K$45K
TravelLn 17$13K$11K$2K$92
InterestLn 20$10K$10K
Depreciation, depletion and amortizationLn 22$104K$93K$11K
InsuranceLn 23$110K$72K$38K$200
Other expenses (24a–d)Ln 24$113K$91K$19K$3K
All other expensesLn 24e$29K$29K$505
Total functional expensesLn 25$2.7M$1.9M$722K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$2.4M−$709K$5.4M 990 PDF
FY2023 Viewing $1.3M$2.7M−$1.4M$5.9M 990 PDF
FY2022 $3.0M$3.0M$16K$6.6M 990 PDF
FY2021 $2.3M$2.4M−$161K$7.2M 990 PDF
FY2020 $1.5M$1.8M−$320K$7.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,300,336 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,537,859$1,207,304
I-9 Program service revenuePrior year $129,915$161,260
I-10 Investment incomePrior year $217,483−$131,420
I-11 Other revenuePrior year $88,694$63,192
I-12 Total revenuePrior year $2,973,951$1,300,336
I-13 Grants and similar amounts paidPrior year $471,957$82,976
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,768,276$1,878,432
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $717,897$727,904
I-18 Total expensesPrior year $2,958,130$2,689,312
I-19 Revenue less expensesPrior year $15,821−$1,388,976
Part VI · Governance 8 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,300,336 across 9 lines filed
Lines not itemized here account for $53,507 of total revenue; see the IRS return.
VIII-1e Government grants$526,872
VIII-1f All other contributions, gifts and grants$680,432
VIII-1g Noncash contributions (included above)$4,155
VIII-1h Total contributions, gifts and grants$1,207,304
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $161,260$161,260
VIII-3 Investment incomeExcluded from tax $82,908$82,908
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$214,328−$214,328
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,685$9,685
VIII-12 Total revenueRelated to mission $214,767 · Excluded from tax −$121,735$1,300,336
Part IX · Statement of functional expenses $2,689,312 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $82,976$82,976
IX-5 Pay of current officers, directors and key staffPrograms $118,927 · Management $73,251 · Fundraising $5,678$197,856
IX-7 Other salaries and wagesPrograms $997,395 · Management $348,590$1,345,985
IX-9 Other employee benefitsPrograms $153,561 · Management $62,516$216,077
IX-10 Payroll taxesPrograms $85,839 · Management $32,241 · Fundraising $434$118,514
IX-11b Legal feesPrograms $343 · Management $2,994$3,337
IX-11c Accounting feesManagement $17,336$17,336
IX-11f Investment management feesManagement $13,441$13,441
IX-11g Other fees for servicesPrograms $61,173 · Management $44,638$105,811
IX-12 Advertising and promotionPrograms $2,156 · Fundraising $646$2,802
IX-13 Office expensesPrograms $246 · Management $661 · Fundraising $12,231$13,138
IX-16 OccupancyPrograms $146,696 · Management $45,080$191,776
IX-17 TravelPrograms $10,609 · Management $2,250 · Fundraising $92$12,951
IX-20 InterestManagement $10,416$10,416
IX-22 Depreciation, depletion and amortizationPrograms $92,911 · Management $11,392$104,303
IX-23 InsurancePrograms $72,154 · Management $37,833 · Fundraising $200$110,187
IX-24 Other expenses (24a–d)Programs $91,417 · Management $18,619 · Fundraising $3,018$113,054
IX-24e All other expensesPrograms $28,847 · Management $505$29,352
IX-25 Total functional expensesPrograms $1,945,250 · Management $721,763 · Fundraising $22,299$2,689,312
Part X · Balance sheet $6,979,942 assets, 14 lines filed
Asset lines not itemized here account for $59,697; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $451,321$1,040,444
X-2 Savings and temporary cash investmentsStart of year $600,350$301,085
X-4 Accounts receivableStart of year $18,108$33,433
X-8 Inventories for sale or useStart of year $20,949$21,939
X-10c Land, buildings and equipment, netStart of year $1,684,959$1,720,876
X-11 Publicly traded securitiesStart of year $3,448,856$3,802,468
X-16 Total assetsStart of year $7,460,656$6,979,942
X-17 Accounts payable and accrued expensesStart of year $139,717$113,718
X-25 Other liabilities$16,512
X-26 Total liabilitiesStart of year $907,987$1,127,573
X-27 Net assets without donor restrictionsStart of year $5,265,581$4,837,411
X-28 Net assets with donor restrictionsStart of year $1,287,088$1,014,958
X-32 Total net assets or fund balancesStart of year $6,552,669$5,852,369
X-33 Total liabilities and net assetsStart of year $7,460,656$6,979,942
Part XI · Reconciliation of net assets $5,852,369 net assets at year end
XI-1 Total revenue$1,300,336
XI-2 Total expenses$2,689,312
XI-3 Revenue less expenses−$1,388,976
XI-4 Net assets at start of year$6,552,669
XI-5 Net unrealized gains (losses) on investments$601,247
XI-8 Prior period adjustments−$66,882
XI-9 Other changes in net assets$154,311
XI-10 Net assets at end of year$5,852,369

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.