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Filing year 2024

BATH HOUSING DEVELOPMENT CORPORATION

Bath, Maine·EIN 22-2618694·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$3.4M
Total assets
$21.1M
Total expenses
$3.1M
Reported officers
11
Mission

TO FOSTER, ENCOURAGE, PARTICIPATE IN, FINANCE, OWN, OPERATE, PROMOTE AND ADVANCE THE DEVELOPMENT OF HOUSING PROJECTS AND RELATED FACILITIES AFFORDABLE BY PRIMARILY LOW INCOME PERSONS AND FAMILIES; TO PROVIDE AFFORDABLE FINANCIAL AND TECHNICAL ASSISTANCE AND SERVICES TO LOW INCOME HOMEOWNERS; TO IMPLEMENT PROGRAMS INTENDED TO ENHANCE THE GROWTH OF SOCIAL AND ECONOMIC STABILITY FOR LOW INCOME FAMILIES; AND TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE INHABITANTS IN THE BATH, MAINE REGION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Secretary/executive Direct
Officer (Unspecified)
$21k
$22k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BATH HOUSING DEVELOPMENT CORPORATION equaled 0.7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
0.7%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 9%
from 2023

From $19k in 2023 to $21k in 2024.

$19k
2023
$21k
2024
In today's dollarsEst.
Up 6% in real terms$21k to $22k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BATH HOUSING DEVELOPMENT CORPORATION

What are BATH HOUSING DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, BATH HOUSING DEVELOPMENT CORPORATION reported $3.4M in total revenue and $3.1M in total expenses on its IRS Form 990.

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