WARDWELL COMMONS ELDERLY HOUSING INC C/O WARDWELL HOME FOR THE AGING INC

EIN: 010508663 501(c)(3) Unknown

SACO, ME

Total Revenue
$127,018
Total Expenses
$142,646
Total Assets
$520,299
Net Assets
$-418,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
ME
Principal Officer
KIMBERLY BOISVERT
Phone
2072847061
Tax Period
2024-07-01 to 2025-06-30

WARDWELL COMMONS ELDERLY HOUSING INC C/O WARDWELL HOME FOR THE AGING INC, founded in 1997, is a small nonprofit in the Unknown sector that reported $127K in total revenue in fiscal year 2024. Expenses of $143K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO DEVELOP, OWN AND MANAGE SUBSIDIZED RESIDENTIAL HOUSING UNITS AND RELATED FACILITIES FOR QUALIFIED ELDERLY AND DISABLED 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 (2024)

Revenue Breakdown

Contributions & Grants $45,242
Program Service Revenue $79,844
Investment Income $1,932
Other Revenue $0
TOTAL REVENUE $127,018

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $142,646
Other Expenses $142,646
TOTAL EXPENSES $142,646

Year-over-Year Comparison

2024 2023 Change
Revenue $127,018 $124,291 +0.0%
Expenses $142,646 $134,791 +0.1%
Net Income $-15,628 $-10,500 +0.5%
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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Governance

Voting Members
12
Independent Members
12
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
6
$96,830
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE GUAY DIRECTOR 5.00
Director
$0 $0 $0
DANA LANE TREASURER 5.00
Officer Director
$0 $0 $0
DANIEL BASTARACHE DIRECTOR 5.00
Director
$0 $0 $0
ERIC COTE DIRECTOR 5.00
Director
$0 $0 $0
JOHN BROCKINGTON DIRECTOR 5.00
Director
$0 $0 $0
KEVIN ROBERT DIRECTOR 5.00
Director
$0 $0 $0
ROLAND MICHAUD PRESIDENT 5.00
Officer Director
$0 $0 $0
THEO CIAMPA DIRECTOR 5.00
Director
$0 $0 $0
MARY DANIS DIRECTOR 5.00
Director
$0 $0 $0
RENEE O'NEIL DIRECTOR 5.00
Director
$0 $0 $0
JESSICA DUFFY SECRETARY 5.00
Officer Director
$0 $0 $0
MARY DAVIS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
MICHELE STAPLES ASSISTANT TREASURER 5.00
Officer Director
$0 $0 $0
KIMBERLY BOISVERT EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $96,830
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 $127,018 $142,646 $520,299 $-15,628
2024 $124,291 $134,791 $534,782 $-10,500
2023 $129,678 $135,542 $545,293 $-5,864
2022 $102,225 $129,520 $552,433 $-27,295
2021 $104,015 $117,641 $577,782 $-13,626
2020 $102,358 $120,741 $591,478 $-18,383
2019 $97,961 $111,330 $609,275 $-13,369
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