New Communities Inc

EIN: 815393817 501(c)(3) Housing & Shelter

Westbrook, ME

Total Revenue
$24,043,494
Total Expenses
$23,321,998
Total Assets
$23,157,208
Net Assets
$19,777,131
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
ME
Principal Officer
Maureen Conley
Phone
2075910751
Tax Period
2024-01-01 to 2024-12-31

New Communities Inc, founded in 2017, is a mid-sized nonprofit in the Housing & Shelter sector that reported $24.0M in total revenue in fiscal year 2024. Expenses of $23.3M left a modest 3% surplus.

Mission

New Communities creates supportive communities and delivers innovative services for seniors and people with disabilities.

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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 $6,629
Program Service Revenue $23,657,659
Investment Income $379,206
Other Revenue $0
TOTAL REVENUE $24,043,494

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,267,244
Fundraising Expenses $6,578
Program Expenses $21,479,005
Other Expenses $6,054,754
TOTAL EXPENSES $23,321,998

Year-over-Year Comparison

2024 2023 Change
Revenue $24,043,494 $22,498,700 +0.1%
Expenses $23,321,998 $22,176,645 +0.1%
Net Income $721,496 $322,055 +1.2%
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
6
Independent Members
5
Employees
488
Volunteers
12

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
$752,710
Total Directors
6
$500,948
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Peters Chair 1.00
Officer Director
$0 $0 $0
DonnaLee Cloutier Secretary 1.00
Officer Director
$0 $0 $0
Patricia Skerritt Treasurer 1.00
Officer Director
$0 $0 $0
Alan Barker MD Director 1.00
Director
$0 $0 $0
Alexandra Warhol Director 1.00
Director
$0 $0 $0
Maureen Conley President/CEO 40.00
Officer Director
$442,259 $58,689 $500,948
David Dill Chief Financial Officer 40.00
Officer
$241,758 $10,004 $251,762
Darcy Dumont Dir. of Aging/Disability Services 40.00
Highest
$242,612 $12,099 $254,711
Brandon Meserve Director Information Systems 40.00
Highest
$208,587 $35,743 $244,330
Paul Piche Director of Mental Health Services 40.00
Highest
$205,144 $23,871 $229,015
Nancy Kittredge Director of Human Resources 40.00
Highest
$185,857 $30,030 $215,887
Katharine Montanus Administrator 40.00
Highest
$111,286 $21,746 $133,032
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 $24,043,494 $23,321,998 $23,157,208 $721,496
2023 $22,498,700 $22,176,645 $22,418,927 $322,055
2022 $23,060,684 $22,725,802 $20,811,557 $334,882
2021 $23,774,102 $20,758,526 $21,168,953 $3,015,576
2020 $21,194,578 $20,993,089 $19,495,535 $201,489
2019 $20,850,418 $19,457,015 $16,301,001 $1,393,403
2018 $19,967,297 $18,430,283 $15,986,998 $1,537,014
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