Pine Tree Housing Agency: FY2022 Nonprofit Profile & Form 990 (EIN 27-0039482)

Dana Totman’s $220K as Chief Executive Officer is at the 86th percentile of top reported officer pay among 1691 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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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

Develops, owns, and manages affordable housing for eligible individuals.

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1 program · $24K · in their own filed words · FY2022

01

Development and management of affordable housing in the state of maine.

$24Kprogram expense

By the numbers

The FY2022 990, line by line.

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from philanthropy.org

1The main four

Money inPt VIII

$78K

Ln 12

Investment incomeLn 3$78K

Money outPt IX

$24K

Ln 25

Programscol B$24K

Owns and owesPt X

$5.6M

net assets · Ln 32

Cash and savingsLn 1–2$5.3M

Total assetsLn 16$5.6M

LiabilitiesLn 26$0

PeoplePt VI, VII

23

listed · VII A

PaidVII A0

Voting boardVI 1a18

IndependentVI 1b18

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$78K

Gains on assetsLn 7−$11K

Total revenueLn 12$78K

Assets in detailPt X, end of year

SavingsLn 2$5.3M

Cash and savings togetherLn 1–2$5.3M

Other assetsLn 15$219K

Total assetsLn 16$5.6M

LiabilitiesLn 26$0

Net assetsLn 32$5.6M

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

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

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$6.4M	$5.3M
Total assetsLn 16	$6.6M	$5.6M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$6.6M	$5.6M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Investment management feesLn 11f	$24K	$24K
Total functional expensesLn 25	$24K	$24K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Oct 22, 2025	$1.1M	$22K	$1.1M	$7.6M	990 PDF
FY2023Filed with the IRS Oct 18, 2024	$420K	$20K	$401K	$6.4M	990 PDF
FY2022 ViewingFiled with the IRS Oct 31, 2023	$78K	$24K	$54K	$5.6M	990 PDF
FY2021Filed with the IRS Nov 8, 2022	$428K	$24K	$404K	$6.6M	990 PDF
FY2020Filed with the IRS Oct 26, 2021	$556K	$21K	$535K	$5.5M	990 PDF

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 $78,202 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $428,498$78,202

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $428,498$78,202

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 $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $24,266$24,074

I-18 Total expensesPrior year $24,266$24,074

I-19 Revenue less expensesPrior year $404,232$54,128

Part VI · Governance 18 of 18 board members independent, 1 to look at

VI-1a Voting members of the governing body18

VI-1b Independent voting members18

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 $78,202 across 3 lines filed

VIII-3 Investment incomeRelated to mission $88,909$88,909

VIII-7 Net gain or loss on sales of assetsRelated to mission −$10,707−$10,707

VIII-12 Total revenueRelated to mission $78,202 · Unrelated business $0 · Excluded from tax $0$78,202

Part IX · Statement of functional expenses $24,074 across 1 line filed

IX-11f Investment management feesPrograms $24,074$24,074

IX-25 Total functional expensesPrograms $24,074 · Management $0 · Fundraising $0$24,074

Part X · Balance sheet $5,563,558 assets, 6 lines filed

X-2 Savings and temporary cash investmentsStart of year $6,374,685$5,344,368

X-15 Other assetsStart of year $219,190$219,190

X-16 Total assetsStart of year $6,593,875$5,563,558

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $6,593,875$5,563,558

X-33 Total liabilities and net assetsStart of year $6,593,875$5,563,558

Part XI · Reconciliation of net assets $5,563,558 net assets at year end

XI-1 Total revenue$78,202

XI-2 Total expenses$24,074

XI-3 Revenue less expenses$54,128

XI-4 Net assets at start of year$6,593,875

XI-5 Net unrealized gains (losses) on investments−$1,084,445

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$5,563,558

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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Pine Tree Housing Agency FY2022 filing

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