New Communities INC EIN 81-5393817

New Communities INC

EIN  81-5393817 Public charity (501(c)(3)) Westbrook, ME Founded 2017
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/8/26 · see original filing: IRS
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Size
$10–100M
What they do
Builds communities and provides services for seniors and people with disabilities.
Leadership
Maureen Conley · President/CEO · $471K
Money in and out
$25.9M revenue, $23.9M expenses
Bottom line
88% program efficiency

Builds communities and provides services for seniors and people with disabilities. For fiscal year 2025 it reported $25.9M in revenue, $23.9M in expenses, and $22.8M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$25.9M
Pt VIII · Ln 12
Total expenses
$23.9M
Pt IX · Ln 25
Net assets
$22.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.0M
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12 Fundraising $0.00
Program efficiency
88%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
7.7mo
months of highly liquid reserves at operating expense rate▲ +24% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +152% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$25.9M
FY2025▲ +8%
Expenses
$23.9M
FY2025▲ +3%
Total assets
$25.6M
FY2025▲ +10%
Total liabilities
$2.8M
FY2025▼ -19%
Total revenue
$25.9M
Pt VIII · Ln 12
Total expenses
$23.9M
Pt IX · Ln 25
Net assets
$22.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.0M
Total assetsPt X · Ln 16$25.6M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $19.4M of program spending, described in the organization's own filed words · FY2025.
01

The Mental Health Services division of New Communities, Inc. operates ten mental health residential psychiatric group homes for approximately 65 adults diagnosed with chronic and severe mental illness that are staffed 24 hours-a-day.

$7.7Mprogram expense
02

The Intellectual Disabilities (ID) division of New Communities, Inc., provides 24-hour per day residential services in 14 group and client homes located across Maine to approximately 45 adults with intellectual disabilities, autism spectrum disorder, physical disabilities, behavioral and emotional disabilities, and chronic illnesses who…

$5.8Mprogram expense
03

The Assisted Living division of New Communities, Inc. operates three residential care facilities that provide 24-hour per day services and supports to assist approximately 160 seniors to remain active and independent.

$5.8Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Communities INC
EINHdr · item D81-5393817
Principal addressHdr · item CWestbrook, ME
WebsiteHdr · item Jwww.newcommunitiesinc.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MME
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFMar 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$470,933Pt VII · Sec A
Chief Financial Officer
$283,862Pt VII · Sec A
Dir. of Aging and Disability Svcs.
$239,872Pt VII · Sec A
Director of Mental Health Services
$211,340Pt VII · Sec A
Director Information Systems
$209,151Pt VII · Sec A
Director of Human Resources
$185,018Pt VII · Sec A
Hris & Benefits Manager
$121,511Pt VII · Sec A
$0Pt VII · Sec A

Maureen Conley’s $471K as President/CEO is at the 93rd percentile of top reported officer pay among 672 $10–100M housing 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.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Maureen Conley$470,933$442,259$356,426$407,628$333,413$333,003
David Dill$283,862$241,758$201,865$204,775$209,197$194,264
Darcy Dumont$239,872$242,612$194,119$207,016$203,355$195,903
Paul Piche$211,340$205,144$162,808$172,802$154,202$142,522
Brandon Meserve$209,151$208,587$141,039$133,156
Nancy Kittredge$185,018$185,857$158,523$171,760$165,250$162,464
Deborah Szczygiel$152,978$135,257
Deborah Szczgiel$143,226

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.

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Statement of Revenue

Part VIII
Program service revenue$22.7M · 88%
Contributions & grants$3.1M · 12%
Investment income$789K · 3%
Program service revenue88%$22.7M
Contributions & grants12%$3.1M
Investment income3%$789K
— government grantsLn 1e$3.1M
Total revenueLn 12$25.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12 Fundraising $0.00
Program services88%$21.1M
Management & general12%$2.8M
Fundraising$3K
Total functional expensesLn 25$23.9M

Balance Sheet

Part X · end of year
CashLn 1$6.2M
Total assetsLn 16$25.6M
Total liabilitiesLn 26$2.8M
Total net assetsLn 32$22.8M
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $15.3M · Operating expenses/yr $23.9M
7.7 months
Where the money goes
Program services
Program services $21.1M · Total expenses $23.9M
88%
Management & General
Management & general $2.8M · Total expenses $23.9M
12%
Fundraising
Fundraising $3K · Total expenses $23.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $8K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3.1M · Total revenue $25.9M
12%
Government reliance
Government grants $3.1M · Total revenue $25.9M
12%
Earned-income share
Program service revenue $22.7M · Total revenue $25.9M
88%
Investment reliance
Investment income $789K · Total revenue $25.9M
+3%
Program self-sufficiency
Program service revenue $22.7M · Total expenses $23.9M
95%
Growth & trend
Revenue growth (YoY)
This year $25.9M · Prior year $24.0M
+8%
Revenue CAGR
FY2020 $21.2M · FY2025 $25.9M
+4%
Net-asset trend (YoY)
End of year $22.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $25.9M · Expenses $23.9M
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $25.6M
Net-asset ratio
Net assets $22.8M · Total assets $25.6M
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $9.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $25.6M
36%
People & payroll
Highest Reported Total Compensation
Individual Maureen Conley · Reported title President/CEO · Highest reported compensation $471K · Total expenses $23.9M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18.4M · Total expenses $23.9M
77%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth 8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$25.9M revenue · viewing · ⤓ 990 PDF
FY2024$24.0M revenue · ⤓ 990 PDF
FY2023$22.5M revenue · ⤓ 990 PDF
FY2022$23.1M revenue · ⤓ 990 PDF
FY2021$23.8M revenue · ⤓ 990 PDF
FY2020$21.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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