Community Concepts Development Corporation: FY2024 Nonprofit Profile & Form 990 (EIN 36-4510585)

Revenue by fiscal year
FY2020	$835K
FY2021	$1.0M
FY2022	$1.1M
FY2023	$2.1M
FY2024	$1.9M
FY2025	$2.0M

Expenses by fiscal year
FY2020	$1.2M
FY2021	$1.3M
FY2022	$1.4M
FY2023	$1.8M
FY2024	$2.1M
FY2025	$2.5M

Net assets by fiscal year
FY2020	$613K
FY2021	$320K
FY2022	$33K
FY2023	$403K
FY2024	$278K
FY2025	−$165K

Is it real?

Yes. Exemption reinstated (2011-02-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jul 2019.

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

Part of a larger organization · Schedule R

Community Concepts Development Corporation files its own Form 990, but Schedule R discloses 12 related entities — figures on this page are for this EIN only, not the whole group.

Community Concepts Incorporated · Court Street Senior Housing Association · Mount David Housing INC · Mount Blue Housing INC + 8 more · see all

Combined filings · FY2024 · 6 entities with data

Simple sum of each entity's Form 990 headline figures — not audited consolidated financials. This page's EIN is 6% of group revenue.

Group revenue

$31.9M

Group expenses

$29.4M

Group net assets

$16.9M

Community Concepts Incorporated · $26.9M rev · $11.6M net assets

Mount David Housing INC · $442K rev · $386K net assets

Mount Blue Housing INC · $78K rev · $212K net assets

Stony Brook Housing INC · $129K rev · $329K net assets

Community Concepts Finance Corporation · $2.3M rev · $4.1M net assets

Where the money goes

99 cents of each dollar spent went to programs.

99%

Program services 99% · $2.0M Management & general 1% · $21K

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

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII

Ed Barrett

Chair

$0Pt VII · Sec A

Craig Saddlemire

Director

$0Pt VII · Sec A

Theodore Cornish

Director

$0Pt VII · Sec A

Andrew Choate

Director

$0Pt VII · Sec A

Alyssa Dean Littlefield

Director

$0Pt VII · Sec A

James Martin

CEO - Cci

$0Pt VII · Sec A

Laura Gormley

CFO - Cci

$0Pt VII · Sec A

See Community Concepts Development Corporation executive salaries →

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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 15aYes

Programs and updates

Strengthens communities through programs, partnerships, and advocacy for economic opportunity.

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Provided by the organization

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1 program · $2.0M · in their own filed words · FY2023

01

To promote and provide affordable housing for low-income and moderate-income residents in the State of Maine.

$2.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking

Grants paid · 1 grant · $5K · 2021–2021

Unitemized GrantFY2021$5,458

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.9M

Ln 12

Fees for servicesLn 2g$1.7M

Gifts and grantsLn 1h$228K

Investment incomeLn 3$16K

Money outPt IX

$2.1M

Ln 25

Programscol B$2.0M

Managementcol C$21K

Owns and owesPt X

$278K

net assets · Ln 32

Cash and savingsLn 1–2$2.1M

Total assetsLn 16$8.5M

LiabilitiesLn 26$8.2M

PeoplePt VI, VII

7

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$228K

Fees for servicesLn 2g$1.7M

Investment incomeLn 3$16K

Total revenueLn 12$1.9M

Assets in detailPt X, end of year

SavingsLn 2$2.1M

Cash and savings togetherLn 1–2$2.1M

Land, buildings, equipmentLn 10c$5.9M

Other assetsLn 15$204K

Total assetsLn 16$8.5M

LiabilitiesLn 26$8.2M

Net assetsLn 32$278K

OperationsPt I, VI

EmployeesI 50

VolunteersI 66

Fiscal year endsHeaderSeptember

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 FY24	End FY24
Cash and savingsLn 1–2	$1.9M	$2.1M
Land, buildings, equipmentLn 10c	$6.1M	$5.9M
Total assetsLn 16	$8.3M	$8.5M
LiabilitiesLn 26	$7.9M	$8.2M
Net assetsLn 32	$403K	$278K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Management feesLn 11a	$181K	$181K
Legal feesLn 11b	$21K	$21K
Accounting feesLn 11c	$62K	$62K
Other fees for servicesLn 11g	$379K	$379K
Advertising and promotionLn 12	$53	$53
Office expensesLn 13	$20K	$20K
Information technologyLn 14	$35K	$35K
OccupancyLn 16	$435K	$435K
TravelLn 17	$2K	$2K
InterestLn 20	$52K	$52K
Depreciation, depletion and amortizationLn 22	$400K	$400K
InsuranceLn 23	$130K	$130K
Other expenses (24a–d)Ln 24	$350K	$329K	$21K
Total functional expensesLn 25	$2.1M	$2.0M	$21K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$2.0M	$2.5M	−$443K	−$165K	990 PDF
FY2024 Viewing	$1.9M	$2.1M	−$125K	$278K	990 PDF
FY2023	$2.1M	$1.8M	$370K	$403K	990 PDF
FY2022	$1.1M	$1.4M	−$287K	$33K	990 PDF
FY2021	$1.0M	$1.3M	−$291K	$320K	990 PDF
FY2020	$835K	$1.2M	−$321K	$613K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $1,941,047 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $886,721$228,218

I-9 Program service revenuePrior year $1,254,820$1,696,459

I-10 Investment incomePrior year $3,365$16,370

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $2,144,906$1,941,047

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 $1,775,024$2,065,848

I-18 Total expensesPrior year $1,775,024$2,065,848

I-19 Revenue less expensesPrior year $369,882−$124,801

Part VI · Governance 5 of 5 board members independent, no flags

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

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

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $1,941,047 across 5 lines filed

VIII-1f All other contributions, gifts and grants$228,218

VIII-1h Total contributions, gifts and grants$228,218

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,696,459$1,696,459

VIII-3 Investment incomeExcluded from tax $16,370$16,370

VIII-12 Total revenueRelated to mission $1,696,459 · Unrelated business $0 · Excluded from tax $16,370$1,941,047

Part IX · Statement of functional expenses $2,065,848 across 13 lines filed

IX-11a Management feesPrograms $181,342$181,342

IX-11b Legal feesPrograms $20,882$20,882

IX-11c Accounting feesPrograms $61,618$61,618

IX-11g Other fees for servicesPrograms $378,724$378,724

IX-12 Advertising and promotionPrograms $53$53

IX-13 Office expensesPrograms $20,358$20,358

IX-14 Information technologyPrograms $34,691$34,691

IX-16 OccupancyPrograms $434,924$434,924

IX-17 TravelPrograms $2,111$2,111

IX-20 InterestPrograms $51,760$51,760

IX-22 Depreciation, depletion and amortizationPrograms $399,612$399,612

IX-23 InsurancePrograms $130,217$130,217

IX-24 Other expenses (24a–d)Programs $328,600 · Management $20,956$349,556

IX-25 Total functional expensesPrograms $2,044,892 · Management $20,956 · Fundraising $0$2,065,848

Part X · Balance sheet $8,455,434 assets, 13 lines filed

X-2 Savings and temporary cash investmentsStart of year $1,944,168$2,133,973

X-4 Accounts receivableStart of year $33,293$113,214

X-9 Prepaid expenses and deferred chargesStart of year $224,055$112,678

X-10c Land, buildings and equipment, netStart of year $6,115,703$5,891,127

X-15 Other assetsStart of year $0$204,442

X-16 Total assetsStart of year $8,317,219$8,455,434

X-17 Accounts payable and accrued expensesStart of year $615,749$778,851

X-19 Deferred revenueStart of year $150,000$12,421

X-25 Other liabilitiesStart of year $1,749,013$1,898,558

X-26 Total liabilitiesStart of year $7,914,326$8,177,342

X-27 Net assets without donor restrictionsStart of year $402,893$278,092

X-32 Total net assets or fund balancesStart of year $402,893$278,092

X-33 Total liabilities and net assetsStart of year $8,317,219$8,455,434

Part XI · Reconciliation of net assets $278,092 net assets at year end

XI-1 Total revenue$1,941,047

XI-2 Total expenses$2,065,848

XI-3 Revenue less expenses−$124,801

XI-4 Net assets at start of year$402,893

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$278,092

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Community Concepts Development Corporation FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Community Concepts Development Corporation

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV

Community Concepts Development Corporation FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Community Concepts Development Corporation

Funders

Grants

Related Organizations

By the numbers

Filing history

Schedules filed Part IV