2024-05-13T12:49:58-05:00 2023-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-07-01 010495250 Ingraham Housing Corporation INGR 2075235021 50 Lydia Lane South Portland ME 04106 Dawn Ouellette Chief Financial Officer 2075235021 2024-05-13 1 Dawn Ouellette 999009999 1 Barbara J McGuan CPA P00219457 2077752387 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Joseph Everett 50 Lydia Lane South Portland ME 04106 193024 0 X N/A X 1995 ME Lessors of rental property to related 501(c)(3) organization 3 2 0 4 0 0 0 0 195061 192615 217 409 0 0 195278 193024 0 0 0 0 0 0 0 0 0 193414 195944 193414 195944 1864 -2920 2220206 2127938 2142523 2053175 77683 74763 Ingraham Housing Corporation is a "Community Housing Development Organization" (CHODO) which obtains low income housing financing and leases properties to a related 501(c)(3) organization. 0 0 195944 192615 Rental of properties to a related 501(c)(3) organization. 195944 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 X Dawn Ouellette 2075235021 50 Lydia Lane South Portland ME 04106 Joseph R Everett President 1.00 40.00 X X 0 188659 16317 Sarah Coupe Treasurer 1.00 0.00 X X 0 0 0 Tim Soley Secretary 1.00 0.00 X X 0 0 0 Colette Twigg-Rowse Past Trustee 1.00 3.00 X 0 0 0 Dawn A Ouellette Chief Financial Officer 1.00 40.00 X 0 143557 37685 0 332216 54002 0 0 1 0 0 Lease Revenue 531120 190223 190223 Misc. Revenue 531120 2392 2392 192615 409 409 193024 192615 0 409 81342 81342 114602 114602 195944 195944 0 0 X 376097 383237 10000 0 3481931 1737230 1834109 1744701 2220206 2127938 31750 31750 1533515 1481047 577258 540378 2142523 2053175 X -9769 -9430 87452 84193 77683 74763 2220206 2127938 -2920 0 X 0 1 X 1 0 X X 1 The Opportunity Alliance 010274725 7 0 195944 0 1 195944 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part IV, Section A, Line 1: Ingraham Housing has a historic and continuing relationship with The Opportunity Alliance, the supported organization, and has leased property to The Opportunity Alliance since its inception. At least 50% of board members of Ingraham Housing also sit on the board or are officers of The Opportunity Alliance; therefore, The Opportunity Alliance exerts control over Ingraham Housing through these board members. 245029 245029 3236902 1737230 1499672 1744701 Due to Affiliates 540378 540378 0 0 0 0 0 0 0 0 0 Joseph R Everett President 0 185224 0 0 0 3435 0 4779 0 11538 0 204976 0 0 Dawn A Ouellette Chief Financial Officer 0 142557 0 0 0 1000 0 6183 0 31502 0 181242 0 0 Part I, Line 3 Ingraham Housing Corporation has no employees. Joseph Everett, President and Dawn A. Ouellette, Chief Financial Officer are compensated by The Opportunity Alliance, a related organization. The methods used to determine their compensation from The Opportunity Alliance are as follows: 1. Compensation committee 2. Form 990 of other organizations 3. Compensation survey or study 4. Approval by the board or compensation committee Form 990, Part VI, Section A, line 8a All actions regarding Ingraham Housing Corporation are made by the controlling board at The Opportunity Alliance. The Opportunity Alliance contemporaneously documents the meetings held by the governing body. Form 990, Part VI, Section A, line 8b All actions regarding Ingraham Housing Corporation are made by the controlling board at The Opportunity Alliance. The Opportunity Alliance contemporaneously documents the meetings held by each committee with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The draft is reviewed by the CFO. The draft is then presented to the Finance Committee by the audit firm. Finance Committee reviews and makes a recommendation to the full Board of Trustees to approve. Board of Trustees approve. Form 990, Part VI, Section B, line 12c The conflict of interest policy or ethics policy is reviewed annually. Statements are sent annually to the Board of Trustees and are signed, returned, and maintained on file. Statements are reviewed by the President and the Chair of the Board. Form 990, Part VI, Section B, line 15a Ingraham Housing Corporation has no employees. All compensation and benefits are paid by The Opportunity Alliance, the supported organization. Human Resources is responsible for maintaining current tools to measure market value compensation including surveys at the national, state and industry level. Job descriptions are assigned to various ranges of pay using a matrix that measures responsibility/complexity of job function. Changes to base pay are non-routine and supported with documentation. Supervisors approve compensation. Annually, the Executive Committee acts as a compensation committee to review compensation of the President and makes a recommendation to the full board, who approves. Form 990, Part VI, Section C, line 19 All documents are available on request. Financial statements, the 990, and the conflict of interest/ethics policy are posted on our website. Contact information to access governing documents is noted on the website as well. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Ingraham Housing Corporation 50 Lydia Lane South Portland, ME 04106 EIN 01-0495250 Ingraham Housing Corporation is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). The Opportunity Alliance 50 Lydia Lane South Portland ME 04106 010274725 Community Services ME 501(c)(3) Line 7 N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0