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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Avesta Housing Development Corporation

Avesta Housing Development Corporation

Fiscal year ending 2020. Filed on November 11, 2021.

307 Cumberland Avenue
Portland, Maine 04101

Avesta Housing Development Corporation (EIN: 01-0315296) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Avesta Housing Development Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 43 total employees. Among the employees shown here, the average compensation is $194,820. The highest compensated employee at Avesta Housing Development Corporation is Dana Totman with fiscal year 2020 compensation of $265,383.

Revenue, expenses, and employee compensation

Revenue

$10,385,771

Expenses

$9,773,992

Employee compensation

$4,308,760
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dana Totman
Chief Executive Officer
$265,383
$219,883 No related comp$45,500
Eric Boucher
Chief Financial Officer
$195,793
$161,293 No related comp$34,500
Katy Tavares
Vice President, Senior Living
$188,648
$161,014 No related comp$27,634
Rebecca Hatfield
Senior Vice President of REAL Estate
$177,211
$142,711 No related comp$34,500
Kim Farrar
Vice President, Strategic Initiatives
$147,067
$132,102 No related comp$14,965

Benchmark Employee Compensation

Non-Employee Board Members

Amy Smith
Director
Andrea Patstone
Director
Arthur Sabiti
Director
Chomba Kaluba
Director
Doug Stockbridge
Director
Gail McBride
Director
Janice de Lima
Vice Chair
Jeffrey Shaw
Director
Jim Elkins
Director
Jonathan Culley
Chair
Katherine Griffin
Director
Kimberly Twitchell
Secretary

Contractors

Curtis Thaxter LLC
Legal
$258,605
Orix Real Estate Capital
Finance
$142,277

Mission Statement

AVESTA HOUSING DEVELOPMENT CORPORATION'S MISSION IS TO IMPROVE LIVES AND STRENGTHEN COMMUNITIES BY PROMOTING AND PROVIDING QUALITY AFFORDABLE HOMES FOR PEOPLE IN NEED.

Revisions to this organization profile

October 22, 2025:
2024 Avesta Housing Development Corporation 990 filed
November 4, 2024:
2023 Avesta Housing Development Corporation 990 filed
November 13, 2023:
2022 Avesta Housing Development Corporation 990 filed

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