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

Jfm No 2 Corp FY2025 filing

Tax-deductible

Auburn, ME501(c)(3)Since 2006Housing EIN 20-8204522Revenue $130K in FY2025

On file with the IRSjfmhomes.org800 Center St, 04210-6404 · Auburn, METax-exempt since Jul 2007Publicly 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 low income housing to disabled individuals.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $35K a year · 29% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
15 mo
of spending, in cash
Looks good: 14.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$94K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$130K
+5% vs prior year
Spent
$173K
To programs
89%
Net assets
$1.1M
By yearFY2021–FY2026
Revenue
$130K
FY2025▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2021$109K
FY2022$108K
FY2023$109K
FY2024$123K
FY2025$130K
FY2026$154K
Expenses
$173K
FY2025▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2021$144K
FY2022$145K
FY2023$145K
FY2024$145K
FY2025$173K
FY2026$190K
Net assets
$1.1M
FY2025▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.2M
FY2022$1.2M
FY2023$1.2M
FY2024$1.1M
FY2025$1.1M
FY2026$1.1M

From the FY2025 Form 990 (year ending March 2025) · see the original

Give Claim
You’re viewing the FY2025 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Jul 2007.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $154K Management & general 11% · $20K

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

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Deana Kane
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Steven Shaver
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Joe O'Connor
President
$0Pt VII · Sec A
See Jfm No 2 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable homes to disabled people.

Questions for Jfm No 2 Corp

Tap to ask. Jfm No 2 Corp sees how many people are interested.

Your first name shows with your question. Jfm No 2 Corp answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $154K · in their own filed words · FY2024
01

Provides 10 units of low income rental housing for the disabled in lewiston, maine.

$154Kprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$130K
Ln 12
Fees for servicesLn 2g$85K
Gifts and grantsLn 1h$44K
Investment incomeLn 3$674
Money outPt IX
$173K
Ln 25
Programscol B$154K
Managementcol C$20K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$212K
Total assetsLn 16$1.2M
LiabilitiesLn 26$94K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$44K
Government grantsLn 1e$44K
Fees for servicesLn 2g$85K
Investment incomeLn 3$674
Total revenueLn 12$130K
Assets in detailPt X, end of year
CashLn 1$1
SavingsLn 2$212K
Cash and savings togetherLn 1–2$212K
Land, buildings, equipmentLn 10c$951K
Total assetsLn 16$1.2M
LiabilitiesLn 26$94K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderMarch
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 FY25End FY25
Cash and savingsLn 1–2$212K$212K
Land, buildings, equipmentLn 10c$959K$951K
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$36K$94K
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$17K$17K
Management feesLn 11a$9K$9K
Legal feesLn 11b$136$136
Accounting feesLn 11c$12K$2K$11K
OccupancyLn 16$88K$88K
Conferences, conventions and meetingsLn 19$35$35
Depreciation, depletion and amortizationLn 22$47K$47K
Other expenses (24a–d)Ln 24$3$3
Total functional expensesLn 25$173K$154K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $154K$190K−$37K$1.1M 990 PDF
FY2025 Viewing $130K$173K−$44K$1.1M 990 PDF
FY2024 $123K$145K−$22K$1.1M 990 PDF
FY2023 $109K$145K−$36K$1.2M 990 PDF
FY2022 $108K$145K−$37K$1.2M 990 PDF
FY2021 $109K$144K−$35K$1.2M 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 FY2025 990 (6 parts)
Part I · Summary $129,794 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $63,020$44,149
I-9 Program service revenuePrior year $59,601$84,971
I-10 Investment incomePrior year $475$674
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $123,096$129,794
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 $31,599$17,221
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $113,348$156,159
I-18 Total expensesPrior year $144,947$173,380
I-19 Revenue less expensesPrior year −$21,851−$43,586
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $129,794 across 5 lines filed
VIII-1e Government grants$44,149
VIII-1h Total contributions, gifts and grants$44,149
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $84,971$84,971
VIII-3 Investment incomeExcluded from tax $674$674
VIII-12 Total revenueRelated to mission $84,971 · Unrelated business $0 · Excluded from tax $674$129,794
Part IX · Statement of functional expenses $173,380 across 8 lines filed
IX-7 Other salaries and wagesPrograms $17,221$17,221
IX-11a Management feesManagement $8,770$8,770
IX-11b Legal feesManagement $136$136
IX-11c Accounting feesPrograms $1,592 · Management $10,750$12,342
IX-16 OccupancyPrograms $87,643$87,643
IX-19 Conferences, conventions and meetingsPrograms $35$35
IX-22 Depreciation, depletion and amortizationPrograms $47,230$47,230
IX-24 Other expenses (24a–d)Programs $3$3
IX-25 Total functional expensesPrograms $153,724 · Management $19,656 · Fundraising $0$173,380
Part X · Balance sheet $1,186,220 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $15,420$1
X-2 Savings and temporary cash investmentsStart of year $196,247$211,920
X-4 Accounts receivableStart of year $891$23,411
X-10c Land, buildings and equipment, netStart of year $958,861$950,888
X-16 Total assetsStart of year $1,171,419$1,186,220
X-17 Accounts payable and accrued expensesStart of year $35,622$59,119
X-25 Other liabilitiesStart of year $17$34,907
X-26 Total liabilitiesStart of year $35,639$94,026
X-27 Net assets without donor restrictionsStart of year −$392,520−$436,106
X-28 Net assets with donor restrictionsStart of year $1,528,300$1,528,300
X-32 Total net assets or fund balancesStart of year $1,135,780$1,092,194
X-33 Total liabilities and net assetsStart of year $1,171,419$1,186,220
Part XI · Reconciliation of net assets $1,092,194 net assets at year end
XI-1 Total revenue$129,794
XI-2 Total expenses$173,380
XI-3 Revenue less expenses−$43,586
XI-4 Net assets at start of year$1,135,780
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,092,194

Form 990 e-file (XML) FY2025 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.