Saco Housing Development Corporation

Fiscal year ending 2024. Filed on October 22, 2025.

307 Cumberland Avenue
Portland, Maine 04101

Saco Housing Development Corporation (EIN: 23-7356022) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Saco Housing Development Corporation, a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $238,031. The highest compensated employee at Saco Housing Development Corporation is Rebecca Hatfield with fiscal year 2024 compensation of $445,503.

Revenue, expenses, and employee compensation

Revenue

$1,001,601

Expenses

$1,150,817

Employee compensation

$0

Reported Compensated Employees

Rebecca Hatfield

Former President

$445,503

$0 $422,503 $23,000

Eric Boucher

Interim President and Chief Executive Officer

$253,029

$0 $205,707 $47,322

Katy Smith

Vice President, Senior Living

$207,649

$0 $167,149 $40,500

Kim Farrar

Vice President, Strategic Initiatives

$182,581

$0 $164,198 $18,383

Sara Olson

Vice President, Advancement

$176,558

$0 $146,058 $30,500

Amanda Gilliam

Vice President of Property Management

$162,867

$0 $134,309 $28,558

Non-Employee Board Members

Andrea Dodge Patstone

Debra Orellana-Mejia

Douglas Stockbridge

Dr Julia Redding

Dr Renee Fay-Leblanc

Kimberly Twitchell

Mission Statement

PROVIDE LOW-INCOME HOUSING TO THE ELDERLY AND FAMILIES.

Revisions to this organization profile

October 22, 2025:

2024 Saco Housing Development Corporation 990 filed

October 18, 2024:

2023 Saco Housing Development Corporation 990 filed

November 6, 2023:

2022 Saco Housing Development Corporation 990 filed

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