ZUnclassifiedEIN: 222970652· Ruling Year: 1990

Bangor Housing Development Corporation

Bangor, Maine

CHealth Score
44C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.82×
Peer Median15.40×
💰
$2.7M
Total Revenue
📊
$3.0M
Total Expenses
🏦
$2.5M
Net Assets
📋
$15.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
-12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
86.4%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,693,9992%$3,036,7593%$18,401,43164%
2022$2,631,4542%$3,121,88017%$11,209,6241%
2021$2,567,2892%$2,679,5104%$11,349,9273%
2020$2,507,97030%$2,784,6414%$11,644,6942%
2019$3,592,33866%$2,683,40813%$11,861,7996%
2018$2,158,5177%$2,378,931$11,180,88114%
2017$2,009,2944%$2,371,6169%$9,813,44611%
2016$2,099,61833%$2,178,94230%$8,804,9481%
2015$1,576,09315%$1,680,3146%$8,742,06425%
2014$1,375,768$1,582,39715%$6,986,9542%
2013$1,371,57052%$1,379,85810%$7,132,2002%
2012$2,869,244$1,252,389$7,265,171

Frequently Asked Questions

What does Bangor Housing Development Corporation do?

Bangor Housing Development Corporation is a unclassified nonprofit organization based in Maine. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bangor Housing Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Bangor Housing Development Corporation has a score of 44/100 (Grade: C). 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 Bangor Housing Development Corporation generate?

Bangor Housing Development Corporation reports $3.6M in annual revenue and holds $11.3M in total assets, based on IRS filings.

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