2025-03-03T09:15:59-06:00 2024-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2023-07-01 311613251 Greater Brunswick Housing Corporation GREA 2077258711 12 Stone Street PO Box A Brunswick ME 04011 John Hodge Executive Director 2077258711 2025-02-27 1 1 Barbara J McGuan CPA P00219457 2077752387 2025-02-27 2023 2025-03-06 01:10:19Z John Hodge 12 Stone Street PO Box A Brunswick ME 04011 4655472 0 X www.brunswickhousing.org X 1998 ME The Organization's mission is to increase the supply of affordable housing in the region for low income families. 11 10 0 12 0 0 0 0 3436263 4110483 138247 544989 0 0 3574510 4655472 49054 31700 0 0 0 0 0 0 0 2258337 2854472 2307391 2886172 1267119 1769300 17604234 18855995 6327364 6750139 11276870 12105856 The Organization's mission is to increase the supply of affordable housing in the region for low income families. 0 0 2481402 31700 4110483 Rental of multiple low income housing developments to various families in need and development of low income housing projects. 2481402 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X John Hodge 2077258711 12 Stone Street PO Box A Brunswick ME 04011 James Macleod President 1.00 0.00 X X 0 0 0 Jane Scease Vice President 1.00 0.00 X X 0 0 0 John Hodge Treasurer/Secretary 10.00 25.00 X X 0 127043 27097 John Gallagher Director 1.00 0.00 X 0 0 0 Terry Kelley Director 1.00 0.00 X 0 0 0 Crystal King Director 1.00 0.00 X 0 0 0 Abigail Kunitz Director 1.00 0.00 X 0 0 0 Roslyn Martin Director 1.00 0.00 X 0 0 0 Thomas Schmoller Director 1.00 0.00 X 0 0 0 Michael Veilleux Director 1.00 0.00 X 0 0 0 John T Vorhees Director 1.00 0.00 X 0 0 0 Mark Galvez Director of Finance 10.00 25.00 X 0 86511 12261 0 213554 39358 0 0 1 0 0 Low Income Rental 531110 3459783 3459783 Other Program Revenue 531390 650700 650700 4110483 61794 61794 483195 0 483195 483195 483195 4655472 4110483 0 544989 X 31700 31700 75768 75768 22567 22567 116755 116755 408108 350227 57881 109582 109582 3957 3957 725523 725523 7002 7002 119696 119696 576848 576848 255490 255490 Maintenance 240918 240918 Bad Debt 181000 181000 Other Expenses 11258 11258 2886172 2481402 404770 0 X 150 150 2160630 2959606 135552 185265 128989 20910 10559 101585 285779 28638129 16856687 11815843 11781442 438119 200000 37187 31283 2765269 3401911 17604234 18855995 394421 225934 325362 325610 5504148 6087221 103433 111374 6327364 6750139 X 0 0 0 0 11276870 12105856 11276870 12105856 17604234 18855995 X 1769300 -700790 -239524 X 0 1 X 1 1 1 X 6030 6030 526863 1255641 3158778 3436263 4110483 12488028 532893 1255641 3158778 3436263 4110483 12494058 0 0 0 12494058 3214 15 3194 38247 61794 106464 3214 15 3194 38247 61794 106464 536107 1255656 3161972 3474510 4172277 12600522 0.99160 0.99470 0.00840 0.00530 X 1405345 1405345 24342747 14253434 10089313 905358 799436 105922 1984679 1803817 180862 11781442 Tenant Security Deposits 98894 Interprogram Receivable 3245546 Other Assets 57471 3401911 Tenant Security Deposits 111374 111374 X Part X, Line 2: GBHC is exempt from income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. Management has determined that GBHC does not have any uncertain tax positions and associated unrecognized benefits or liabilities that materially impact the Authority's financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that GBHC's tax returns will not be challenged by the taxing authorities and that the Authority will not be subject to additional tax, penalties, and interest as a result of such challenge. Generally, GBHC's tax returns remain subject to examination for three years after they were filed. 1 Brunswick Housing Authority 12 Stone Street Brunswick ME 04011 010279013 Brunswick, ME 31700 0 To support their program's mission. 1 0 Part I, Line 2: GBHC maintains records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance. The Director of Resident Services follows all guidelines set in place by DHS to make sure individuals participating in our grants qualify. Some of those guidelines are to go over services plans, complete and file financial assessments, etc. Once approved, a monthly IHSP (independent housing service program) report is sent which tracks assisted living, in addition to what the Finance Director provides to DHS on a quarterly basis. 0 0 0 0 0 0 0 0 0 John Hodge Treasurer/Secretary 0 117151 0 0 0 9892 0 0 0 27097 0 154140 0 0 Form 990, Part VI, Section A, line 7a The officers are elected by the board of directors. Form 990, Part VI, Section A, line 7b The board of directors are responsible for approving governing decisions. Form 990, Part VI, Section B, line 11b A copy of the Organization's Form 990 will be provided to all board members prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Conflicts of interest are reviewed annually by the board of directors. Form 990, Part VI, Section B, line 15 The board of directors of Brunswick Housing Authority, a related organization, reviews officer compensation where the officer is compensated. Form 990, Part VI, Section C, line 18 The Organization's Form 990 is available at the Organization's home office upon request. Form 990, Part VI, Section C, line 19 These documents are available at the Organization's home office upon request. Form 990, Part IX, line 11g Administration: Program service expenses 38,727. Management and general expenses 57,881. Fundraising expenses 0. Total expenses 96,608. Maintenance: Program service expenses 311,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 311,500. Form 990, Part X, Line 10: Land, Buildings, and Equipment: Section 1.263(a)-3(n) Election: Greater Brunswick Housing Corporation 12 Stone Street, PO Box A Brunswick, ME 04011 EIN: 31-1613251 Greater Brunswick Housing Corporation is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Transfer of Net Position - 60-62 Pleasant St. Corporation -239,524. Form 990, Part XI, Line 8, Prior Period Adjustment: Effective January 1, 2023, the ownership of Creekside Village was transferred to GBHC. As a result, all assets and liabilities of Creekside Village were dissolved into GBHC. The 2023 Financial Statements were then restated for -$700,790, the breakout is as follows: 1. To correct the amount of capital contribution investment in Creekside -$122,528 2. To reduce the net position amounts transferred from the Creekside dissolution -$578,262 Greater Brunswick Builders LLC 12 Stone Street Brunswick ME 04011 Affordable Housing Development ME 0 0 Greater Brunswick Housing Corporation GBHC LLC 12 Stone Street Brunswick ME 04011 205621601 Affordable Housing Development ME -238119 200000 Greater Brunswick Housing Corporation Brunswick Housing Authority 12 Stone Street Brunswick ME 04011 010279013 Affordable Housing ME N/A 0 Housing Associates of Brunswick LP 12 Stone Street Brunswick ME 04011 205232692 Rehabilitation & Development of Rental Property ME N/A 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1