PATTEN HOUSING CORPORATION

EIN: 010332352 Housing & Shelter

CARIBOU, ME

Total Revenue
$295,937
Total Expenses
$304,631
Total Assets
$531,360
Net Assets
$472,222
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile
ME
Principal Officer
SHAWN PELLETIER
Phone
2074988332
Tax Period
2023-01-01 to 2023-12-31

PATTEN HOUSING CORPORATION is a small nonprofit in the Housing & Shelter sector that reported $296K in total revenue in fiscal year 2023.

Mission

LOW INCOME SENIOR HOUSING

Program Service Accomplishments

Program 1
Expenses: $300,975 Revenue: $289,658

LOW INCOME SENIOR HOUSING

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $289,658
Investment Income $6,279
Other Revenue $0
TOTAL REVENUE $295,937

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $300,975
Other Expenses $304,631
TOTAL EXPENSES $304,631

Year-over-Year Comparison

2023 2022 Change
Revenue $295,937 $275,366 +0.1%
Expenses $304,631 $297,490 +0.0%
Net Income $-8,694 $-22,124 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
DEE COX DIRECTOR 1.00
Officer Director
$0 $0 $0
JEANETTE HAFFORD DIRECTOR 1.00
Officer Director
$0 $0 $0
PATRICIA MYRICK SECRETARY 1.00
Officer Director
$0 $0 $0
GLENDA SOMERS PRESIDENT 1.00
Officer Director
$0 $0 $0
SHAWN PELLETIER MANAGEMENT A 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $295,937 $304,631 $531,360 $-8,694
2022 $275,366 $297,490 $556,112 $-22,124
2021 $246,850 $249,714 $599,237 $-2,864
2020 $248,521 $233,721 $623,939 $14,800
2019 $250,148 $260,684 $629,395 $-10,536
2018 $251,654 $270,820 $662,289 $-19,166
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