WHA INC

EIN: 010454077 501(c)(3) Housing & Shelter

WATERVILLE, ME

Total Revenue
$43,307
Total Expenses
$58,080
Total Assets
$1,565,323
Net Assets
$1,231,012
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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

Formation Year
1989
Legal Domicile
ME
Principal Officer
Paul Jacques
Phone
2078732155
Tax Period
2025-01-01 to 2025-12-31

WHA INC, founded in 1989, is a micro nonprofit in the Housing & Shelter sector that reported $43K in total revenue in fiscal year 2025. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $58K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO DEVELOP, OWN AND MANAGE SUBSIDIZED RESIDENTIAL HOUSING UNITS FOR QUALIFIED INDIVIDUALS

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,352
Investment Income $26,670
Other Revenue $9,285
TOTAL REVENUE $43,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,080
Other Expenses $58,080
TOTAL EXPENSES $58,080

Year-over-Year Comparison

2025 2024 Change
Revenue $43,307 $73,913 -0.4%
Expenses $58,080 $337,063 -0.8%
Net Income $-14,773 $-263,150 -0.9%
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
4
Independent Members
4
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Jacques President 001.00
Director
$0 $0 $0
Kevin Gorman Vice President 001.00
Director
$0 $0 $0
Robert Ringer Director 001.00
Director
$0 $0 $0
Anthony Noonan Director 001.00
Director
$0 $0 $0
Diane Townsend Treasurer 002.00
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
2025 $43,307 $58,080 $1,565,323 $-14,773
2024 No data No data No data No data
2023 $74,398 $45,933 $1,859,622 $28,465
2022 $98,243 $51,387 $1,840,777 $46,856
2021 $223,114 $45,637 $1,677,773 $177,477
2020 $66,731 $48,798 $1,513,159 $17,933
2019 $8,708 $276,118 $1,506,488 $-267,410
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