REDINGTON EAST HOMEOWNERS ASSOCIATION INC

EIN: 010392895

CARRABASSETT VALLEY, ME

Total Revenue
$153,985
Total Expenses
$137,097
Total Assets
$29,080
Net Assets
$29,080
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
SARAH PINE
Phone
2073408182
Tax Period
2024-10-01 to 2025-09-30

REDINGTON EAST HOMEOWNERS ASSOCIATION INC is a small nonprofit that reported $154K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $137K left a modest 11% surplus.

Mission

MAINTENANCE OF COMMON PROPERTY

Program Service Accomplishments

Program 1
Expenses: $125,936

MAINTENANCE OF COMMON PROPERTY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $153,985
Investment Income $0
Other Revenue $0
TOTAL REVENUE $153,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $125,936
Other Expenses $137,097
TOTAL EXPENSES $137,097

Year-over-Year Comparison

2024 2023 Change
Revenue $153,985 $201,091 -0.2%
Expenses $137,097 $230,162 -0.4%
Net Income $16,888 $-29,071 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN REYNOLDS PRESIDENT & N/A
Officer
$0 $0 $0
JOE HINES VICE PRESIDE N/A
Director
$0 $0 $0
CHRISTINE GREGOR DIRECTOR N/A
Director
$0 $0 $0
MARK SCHWARZ TREASURER N/A
Officer
$0 $0 $0
SARAH PINE CLERK N/A
Officer Director
$0 $0 $0
TRACY GOLLER DIRECTOR N/A
Director
$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
2025 $153,985 $137,097 $29,080 $16,888
2024 $201,091 $230,162 $12,192 $-29,071
Explore More Nonprofits
→Top 100 Nonprofits in Maine →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare REDINGTON EAST HOMEOWNERS ASSOCIATION INC with other nonprofits in Maine and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.