3i Housing of Maine (EIN 852568325) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

Paul Linet

Phone

2074894663

Tax Period

2023-01-01 to 2023-12-31

3i Housing of Maine, founded in 2020, is a community nonprofit in the Housing & Shelter sector that reported $4.6M in total revenue in fiscal year 2023. The organization ran a surplus of $4.3M, a strong 93% operating margin.

Mission

Vision: A world of accessible, affordable, and secure homes where everyone can live with dignity and independence.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,525,368

Program Service Revenue $88,625

Investment Income $23,266

Other Revenue $3,545

TOTAL REVENUE $4,640,804

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,779

Fundraising Expenses $38,491

Program Expenses $201,623

Other Expenses $151,104

TOTAL EXPENSES $306,883

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,640,804	N/A	N/A
Expenses	$306,883	N/A	N/A
Net Income	$4,333,921	$0	N/A

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

Volunteers

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

$81,500

Total Directors

$113,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Linet	CEO & President	30.00	Officer Director	$81,500	$0	$81,500
Elizabeth White	Treasurer	2.00	Officer Director	$0	$0	$0
Adam Cohen	Board Member	1.00	Director	$0	$0	$0
Drew Gattine	Board Member	1.00	Director	$0	$0	$0
Diana Pinchuk	Board Member	1.00	Director	$0	$0	$0
Marva Serotkin	Board Member	1.00	Director	$0	$0	$0
Mitch Sturgeon	Board Member	2.00	Director	$0	$0	$0
Michelle Wurgler	Board Member	2.00	Director	$32,000	$0	$32,000

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
2024	No data	No data	No data	No data
2023	$4,640,804	$306,883	$4,403,359	$4,333,921

3i Housing of Maine