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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 2022. Filed on November 13, 2023.

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 2022 IRS Form 990 filing, Avesta Housing Development Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 57 total employees. Among the employees shown here, the average compensation is $214,705. The highest compensated employee at Avesta Housing Development Corporation is Dana Totman with fiscal year 2022 compensation of $285,690.

Revenue, expenses, and employee compensation

Revenue

$13,921,623

Expenses

$12,679,009

Employee compensation

$5,434,976
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dana Totman
Chief Executive Officer
$285,690
$238,190 No related comp$47,500
Rebecca Hatfield
Chief Executive Officer
$226,435
$185,435 No related comp$41,000
Eric Boucher
Chief Financial Officer
$219,194
$178,194 No related comp$41,000
Katy Smith
Vice President, Senior Living
$184,819
$157,819 No related comp$27,000
Kim Farrar
Vice President, Strategic Initiatives
$157,386
$141,377 No related comp$16,009

Benchmark Employee Compensation

Non-Employee Board Members

Amy Smith
Director
Andrea Patstone
Director
Chomba Kaluba
Director
Doug Stockbridge
Director
Janice de Lima
Vice Chair
Jeffrey Shaw
Director
Jim Elkins
Director
Jonathan Culley
Chair
Katherine Griffin
Director
Kimberly Twitchell
Director
Lori Parham
Director
Nathan Poore
Director

Contractors

Firehouse Ventures LLC
Construction
$711,658
Curtis Thaxter LLC
Legal
$297,019
Preti-Flaherty
Legal
$129,532
Harold M Brooks
Construction
$118,000

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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