Penquis Development Inc.
Fiscal year ending 2024. Filed on August 15, 2025.
PO Box 1162
Bangor, Maine 04402
Penquis Development Inc. (EIN: 01-0541817) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Penquis Development Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $220,827. The highest compensated employee at Penquis Development Inc. is Kara Hay with fiscal year 2024 compensation of $285,136.
Revenue, expenses, and employee compensation
Revenue
$3,199,574
Expenses
$2,644,251
Employee compensation
$337,525
Reported Compensated Employees
Mission Statement
TO PROMOTE AND PROVIDE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME RESIDENTS IN THE STATE OF MAINE.
Revisions to this organization profile
August 15, 2025:
2024 Penquis Development Inc. 990 filed
August 14, 2024:
2023 Penquis Development Inc. 990 filed
August 14, 2023:
2022 Penquis Development Inc. 990 filed
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