L โ€” Housing & ShelterEIN: 010540981ยท Ruling Year: 2003

Community Concepts Finance Corp

Lewiston, Maine

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$2.0M
Total Expenses
๐Ÿฆ
$4.4M
Net Assets
๐Ÿ“‹
$8.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.19
Net assets divided by total expenses
Liabilities-to-Assets
65.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,055,844โ†‘22%$2,001,214โ†‘5%$12,510,089โ†“1%
2022$1,681,821โ†‘3%$1,909,355โ†‘12%$12,664,182โ†“4%
2021$1,637,763โ†‘11%$1,701,448โ†‘23%$13,201,299โ†“11%
2020$1,478,348โ†“13%$1,387,103โ†“9%$14,842,566โ†‘4%
2019$1,695,287โ†‘4%$1,525,258โ†‘4%$14,264,999โ†‘4%
2018$1,637,066โ†“41%$1,473,617โ†‘1%$13,781,518โ†‘5%
2017$2,765,747โ†‘46%$1,455,615โ†‘33%$13,130,110โ†‘15%
2016$1,896,835โ†‘71%$1,098,282โ†“9%$11,388,501โ†‘14%
2015$1,110,727โ†‘11%$1,201,407โ†‘4%$10,002,249โ†‘26%
2014$1,003,013โ†‘29%$1,153,856โ†‘49%$7,924,421โ†‘11%
2013$780,191โ†‘33%$773,995โ†‘21%$7,165,229โ†“6%
2012$584,568โ†“61%$640,784โ†“30%$7,605,746โ†“23%
2011$1,491,675$910,206$9,885,522

Frequently Asked Questions

What does Community Concepts Finance Corp do?โ–ผ

Community Concepts Finance Corp is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Community Concepts Finance Corp financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Community Concepts Finance Corp has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Community Concepts Finance Corp generate?โ–ผ

Community Concepts Finance Corp reports $2.3M in annual revenue and holds $12.9M in total assets, based on IRS filings.

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Community Concepts Finance Corp โ€” Lewiston, ME | GiveScope