THE HOUSING FOUNDATION-HAMPDEN (EIN 010421229) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

DUSKA HAYMAN

Phone

2078664634

Tax Period

2024-07-01 to 2025-06-30

THE HOUSING FOUNDATION-HAMPDEN is a 501(c)(3) with EIN 010421229, based in ORONO, ME. Founded in 1992, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $408,799 in total revenue and $403,718 in total expenses, with net assets of $-260,303.

Mission

HUD 223(F) LOW-INCOME HOUSING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $363,205

Investment Income $684

Other Revenue $44,910

TOTAL REVENUE $408,799

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,231

Fundraising Expenses $0

Program Expenses $403,718

Other Expenses $374,487

TOTAL EXPENSES $403,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$408,799	$367,958	+0.1%
Expenses	$403,718	$343,594	+0.2%
Net Income	$5,081	$24,364	-0.8%

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

Governance

Voting Members

Independent Members

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

$5,282

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MCCORMACK	PRESIDENT	0.50	Officer Director	$0	$0	$0
ELIZABETH BICKNELL	VICE-PRESIDENT	0.50	Officer Director	$0	$0	$0
LYNNE SPOONER	TREASURER	0.50	Officer Director	$0	$0	$0
PATTY KENNY	SECRETARY	0.50	Officer Director	$0	$0	$0
KERRY SACK	DIRECTOR	0.50	Director	$0	$0	$0
JUDY WHITNEY	DIRECTOR	0.50	Director	$0	$0	$0
DAN BURKE	DIRECTOR	0.50	Director	$0	$0	$0
DICK ROLLINS	DIRECTOR	0.50	Director	$0	$0	$0
DUSKA HAYMAN	EXECUTIVE DIRECTOR	1.00	Officer	$5,282	$0	$5,282

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	$408,799	$403,718	$1,317,091	$5,081
2024	$367,958	$343,594	$1,342,671	$24,364
2023	$336,988	$366,134	$1,361,712	$-29,146
2022	$333,499	$327,736	$1,427,659	$5,763
2021	$326,093	$329,490	$1,460,928	$-3,397

THE HOUSING FOUNDATION-HAMPDEN