PSH PROPERTIES II

EIN: 010523162 Community Improvement

BANGOR, ME

Total Revenue
$1,098,776
Total Expenses
$991,108
Total Assets
$2,605,511
Net Assets
$740,015
🔒

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

Formation Year
1998
Legal Domicile
ME
Principal Officer
SHELDON BRETT
Phone
2079412820
Tax Period
2023-01-01 to 2023-12-31

PSH PROPERTIES II, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $991K left a modest 10% surplus.

Mission

ACQUIRE AND MANAGE LAND AND IMPROVEMENTS USED BY PHILLIPS-STRICKLAND HOUSE CORP. TO PROVIDE HOUSING AND CARE FOR AGED PERSONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,098,135
Investment Income $363
Other Revenue $278
TOTAL REVENUE $1,098,776

Expense Breakdown

Grants Paid $0
Salaries & Benefits $401,399
Fundraising Expenses $0
Other Expenses $589,709
TOTAL EXPENSES $991,108

Year-over-Year Comparison

2023 2022 Change
Revenue $1,098,776 $961,085 +0.1%
Expenses $991,108 $769,729 +0.3%
Net Income $107,668 $191,356 -0.4%
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
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
5
$121,695
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH ROZEBOOM PRESIDENT 0.50
Officer Director
$0 $0 $0
EDWARD YOUNGBLOOD TREASURER 0.50
Officer Director
$0 $0 $0
GLEN PORTER ESQ DIRECTOR 0.50
Director
$0 $0 $0
GRACEANN FEHER SECRETARY 0.50
Officer Director
$0 $0 $0
ALBERT GIBSON MEMBER AT LARGE 0.50
Director
$0 $0 $0
BARBARA GIBSON MEMBER AT LARGE 0.50
Director
$0 $0 $0
MARY CLIFT DIRECTOR 0.50
Director
$0 $0 $0
HEIDI GODSOE DIRECTOR 0.50
Director
$0 $0 $0
REV JAMES L HADDIX VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
JAMES ROGERS DIRECTOR 0.50
Director
$0 $0 $0
MARY WARNER MD DIRECTOR 0.50
Director
$0 $0 $0
WAYNE WOODFORD DIRECTOR 0.50
Director
$0 $0 $0
SHELDON BRETT EXECUTIVE DIRECTOR 0.50
Officer
$0 $0 $121,695
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,098,776 $991,108 $2,605,511 $107,668
2022 $961,085 $769,729 $2,729,862 $191,356
2021 $936,748 $721,526 $2,999,140 $215,222
2020 $936,697 $771,254 $2,832,059 $165,443
2019 $936,289 $799,111 $2,916,672 $137,178
Explore More Nonprofits
→Top 100 Nonprofits in Maine →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PSH PROPERTIES II 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.