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Filing year 2023

RAFTS INC

Lewiston, Maine·EIN 22-2480417·501(c)(3)
Total revenue
$2.7M
Total assets
$1.1M
Total expenses
$2.5M
Reported officers
5
Mission

PROVIDE HOUSING AND CARE TO MENTAL HEALTH CLIENTS AT THREE GROUP HOME SETTINGS

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Administrator
Highest Compensated Employee
25th percentile to median
$133k
$149k

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 4 unpaid individuals.

Up 1%
from 2022

From $132k in 2022 to $133k in 2023.

$132k
2022
$133k
2023
In today's dollarsEst.
Down 2% in real terms$152k to $149k

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.

Pay for the position

Highest Compensated Employee pay rose 1% from 2022 to 2023, while revenue rose 10%.

$132k in 2022 to $133k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

RAFTS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$2.3M
2022
$2.7M
$2.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RAFTS INC

What does the Highest Compensated Employee of RAFTS INC earn?

In 2023, the Highest Compensated Employee of RAFTS INC received $133,398 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at RAFTS INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at RAFTS INC falls between the 25th percentile and the median.

What are RAFTS INC's revenue and expenses?

In 2023, RAFTS INC reported $2.7M in total revenue and $2.5M in total expenses on its IRS Form 990.

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