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

Stella Maris Housing Development Corp FY2022 filing

Tax-deductible

Rockland, ME501(c)(3)HousingEIN 01-0376239Revenue $636K in FY2022

On file with the IRS148 Broadway, 04841-2614 · Rockland, METax-exempt since Jun 1981Publicly supported charity — 170(b)(1)(A)(vi)

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

To provide subsidized residential Housing for elderly individuals.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $4K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.9M
126% of total assets
Concern: liabilities are 126% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$636K
+1% vs prior year
Spent
$648K
To programs
77%
Net assets
−$403K
By yearFY2020–FY2025
Revenue
$636K
FY2022▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$610K
FY2021$627K
FY2022$636K
FY2023$649K
FY2024$685K
FY2025$734K
Expenses
$648K
FY2022▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$587K
FY2021$628K
FY2022$648K
FY2023$686K
FY2024$710K
FY2025$708K
Net assets
−$403K
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020−$391K
FY2021−$391K
FY2022−$403K
FY2023−$460K
FY2024−$486K
FY2025−$459K

From the FY2022 Form 990 (year ending September 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1981.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $497K Management & general 23% · $151K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Jack Kurowski
Vice President
$0Pt VII · Sec A
Georg Haubs
Treasurer
$0Pt VII · Sec A
Ron Demers
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Gary Cran
Director
$0Pt VII · Sec A
Brook Stevens
Secretary
$0Pt VII · Sec A
See Stella Maris Housing Development Corp 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 affordable housing for seniors.

Questions for Stella Maris Housing Development Corp

Tap to ask. Stella Maris Housing Development Corp sees how many people are interested.

Your first name shows with your question. Stella Maris Housing Development Corp answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $497K · in their own filed words · FY2021
01

Provide subsidized housing for the elderly and self sufficient handicapped persons

$497Kprogram expense

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$636K
Ln 12
Gifts and grantsLn 1h$417K
Fees for servicesLn 2g$219K
Investment incomeLn 3$90
Money outPt IX
$648K
Ln 25
Programscol B$497K
Managementcol C$151K
Owns and owesPt X
−$403K
net assets · Ln 32
Cash and savingsLn 1–2$376K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$417K
Government grantsLn 1e$417K
Fees for servicesLn 2g$219K
Investment incomeLn 3$90
Total revenueLn 12$636K
Assets in detailPt X, end of year
CashLn 1$19K
SavingsLn 2$357K
Cash and savings togetherLn 1–2$376K
Land, buildings, equipmentLn 10c$1.1M
Other assetsLn 15$87K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.9M
Net assetsLn 32−$403K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$361K$376K
Land, buildings, equipmentLn 10c$1.2M$1.1M
Total assetsLn 16$1.6M$1.5M
LiabilitiesLn 26$2.0M$1.9M
Net assetsLn 32−$391K−$403K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$36K$36K
Legal feesLn 11b$240$240
Accounting feesLn 11c$9K$9K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$16K$16K
InterestLn 20$74K$74K
Depreciation, depletion and amortizationLn 22$145K$145K
InsuranceLn 23$33K$33K
Other expenses (24a–d)Ln 24$302K$217K$85K
All other expensesLn 24e$30K$27K$3K
Total functional expensesLn 25$648K$497K$151K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $734K$708K$26K−$459K 990 PDF
FY2024 $685K$710K−$25K−$486K 990 PDF
FY2023 $649K$686K−$37K−$460K 990 PDF
FY2022 Viewing $636K$648K−$12K−$403K 990 PDF
FY2021 $627K$628K−$319−$391K 990 PDF
FY2020 $610K$587K$23K−$391K 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 FY2022 990 (6 parts)
Part I · Summary $636,464 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $421,752$417,121
I-9 Program service revenuePrior year $205,586$219,253
I-10 Investment incomePrior year $90$90
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $627,428$636,464
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $32,807$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $594,940$647,992
I-18 Total expensesPrior year $627,747$647,992
I-19 Revenue less expensesPrior year −$319−$11,528
Part VI · Governance 10 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $636,464 across 5 lines filed
VIII-1e Government grants$417,121
VIII-1h Total contributions, gifts and grants$417,121
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $219,253$219,253
VIII-3 Investment incomeRelated to mission $90$90
VIII-12 Total revenueRelated to mission $219,343 · Unrelated business $0 · Excluded from tax $0$636,464
Part IX · Statement of functional expenses $647,992 across 10 lines filed
IX-11a Management feesManagement $36,288$36,288
IX-11b Legal feesManagement $240$240
IX-11c Accounting feesManagement $9,000$9,000
IX-12 Advertising and promotionManagement $1,718$1,718
IX-13 Office expensesManagement $16,076$16,076
IX-20 InterestPrograms $74,316$74,316
IX-22 Depreciation, depletion and amortizationPrograms $145,342$145,342
IX-23 InsurancePrograms $33,080$33,080
IX-24 Other expenses (24a–d)Programs $217,234 · Management $84,671$301,905
IX-24e All other expensesPrograms $27,082 · Management $2,945$30,027
IX-25 Total functional expensesPrograms $497,054 · Management $150,938 · Fundraising $0$647,992
Part X · Balance sheet $1,538,930 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $54,883$19,325
X-2 Savings and temporary cash investmentsStart of year $306,213$357,042
X-4 Accounts receivableStart of year $863$2,364
X-9 Prepaid expenses and deferred chargesStart of year $3,735$2,616
X-10c Land, buildings and equipment, netStart of year $1,170,924$1,070,386
X-15 Other assetsStart of year $90,767$87,197
X-16 Total assetsStart of year $1,627,385$1,538,930
X-17 Accounts payable and accrued expensesStart of year $38,153$26,406
X-25 Other liabilitiesStart of year $14,873$15,079
X-26 Total liabilitiesStart of year $2,018,510$1,941,583
X-27 Net assets without donor restrictionsStart of year −$391,125−$402,653
X-32 Total net assets or fund balancesStart of year −$391,125−$402,653
X-33 Total liabilities and net assetsStart of year $1,627,385$1,538,930
Part XI · Reconciliation of net assets −$402,653 net assets at year end
XI-1 Total revenue$636,464
XI-2 Total expenses$647,992
XI-3 Revenue less expenses−$11,528
XI-4 Net assets at start of year−$391,125
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$402,653

Form 990 e-file (XML) FY2022 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.