Compensation 990

Bangor Housing Development Corporation

Fiscal year ending 2024. Filed on April 30, 2025.

161 Davis Road
Bangor, Maine 04401

Bangor Housing Development Corporation (EIN: 22-2970652) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Bangor Housing Development Corporation, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $228,395. The highest compensated employee at Bangor Housing Development Corporation is Michael Myatt with fiscal year 2024 compensation of $228,395.

Revenue, expenses, and employee compensation

Revenue

$3,558,806

Expenses

$3,408,452

Employee compensation

$417,896
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

Brenda Brown
Director
Elizabeth Hayward
President
Jane Johnson
Director
Paul Chaiken
Director
Richard Lafertie
Director
Roberta Downey
Director
Rodney McKay
Vice President

Mission Statement

THE SPECIFIC PURPOSES OF THE CORPORATION ARE TO ORGANIZE, DEVELOP, FINANCIALLY ASSIST, OR MANAGE, ON A NON-PROFIT BASIS, PROJECTS OR PROGRAMS PROVIDING LOW- AND MODERATE-INCOME RENTALS IN MAINE.

Revisions to this organization profile

April 30, 2025:
2024 Bangor Housing Development Corporation 990 filed
May 14, 2024:
2023 Bangor Housing Development Corporation 990 filed
May 12, 2023:
2022 Bangor Housing Development Corporation 990 filed

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