2025-10-23T13:09:00-04:00 2024-12-31 931562211 FREEMAN & ASSOCIATES CPAS 1020 STILLWATER AVENUE BANGOR ME 04401 990 2024-01-01 010325912 MATTANAWCOOK TERRACE HOUSING CORP MATT 2079902099 4 UNION PLAZA BOX 9 BANGOR ME 04401 RUSSELL STANLEY PRESIDENT 2079902099 2025-10-23 true false MICHAEL P JONES CPA P00292757 2073867870 2025-10-23 2024 2025-03-06 01:10:19Z RUSSELL STANLEY 516 S CHESTER ROAD CHESTER ME 04457 275071 false X X ME TO PROVIDE DECENT, SAFE AND CLEAN SUBSIDIZED HOUSING TO ELDERLY RESIDENTS OF THE GREATER LINCOLN, MAINE AREA. 5 5 0 0 0 246647 270053 102 102 4362 4916 251111 275071 0 0 0 0 0 243588 244670 243588 244670 7523 30401 1005763 950773 1273819 1188428 -268056 -237655 TO PROVIDE DECENT, SAFE AND CLEAN SUBSIDIZED HOUSING TO ELDERLY RESIDENTS OF THE GREATER LINCOLN, MAINE AREA. false false 230741 270053 THE ORGANIZATION OPERATES AND MANAGES A 25 UNIT HOUSING COMPLEX PROVIDING DECENT, SAFE AND CLEAN HOUSING TO ELDERLY RESIDENTS IN THE GREATER LINCOLN, MAINE AREA. 230741 false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 8 0 0 false false false false false false false false X 5 5 true true false false false true false true true false false false false false false false false false X MULTI-MANAGEMENT 2079902099 4 UNION STREET BANGOR ME 04401 X DAVID CUST VICE PRESIDE 1.00 X X 0 0 0 JON PELKEY DIRECTOR 1.00 X 0 0 0 KIM PELKEY SECRETARY 1.00 X X 0 0 0 ANGELA STANLEY DIRECTOR 1.00 X 0 0 0 RUSSELL STANLEY PRESIDENT 1.00 X X 0 0 0 false false false RENTAL INCOME 270053 270053 270053 102 102 LAUNDRY & VENDING INCOME 4885 4885 MISCELLANEOUS INCOME 31 31 4916 275071 270053 5018 26117 19588 6529 6500 6500 133 133 104693 103793 900 19634 19634 46403 46403 12891 12891 REAL ESTATE TAXES 27691 27691 OFFICE SUPPLIES 414 414 OTHER ADMINISTRATIVE EXP 194 194 244670 230741 13929 0 12004 40117 342185 291842 17 1823758 1204961 651371 618797 203 1005763 950773 60619 9330 1129471 1092205 83729 86893 1273819 1188428 X -268056 -237655 -268056 -237655 1005763 950773 30401 X false true X true true true 24340 24340 1799418 1204961 594457 618797 ACCRUED INTEREST 71433 SECURITY DEPOSIT RESERVES 15270 UNEARNED RENT 190 86893 X 275071 275071 275071 244670 244670 244670 SCHEDULE D, PAGE 3, PART X INCOME TAXES THE ORGANIZATION IS A NOT FOR PROFIT CORPORATION RECOGNIZED BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(4) OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE ORGANIZATIONS INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THERE WERE NO INTEREST OR PENALTIES RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 2 RUSSELL STANLEY ANGELA STANLEY PRESIDENT DIRECTOR SPOUSE KIM PELKEY JON PELKEY SECRETARY DIRECTOR SPOUSE FORM 990, PAGE 6, PART VI, LINE 3 MANAGEMENT OF THE PROJECT IS CONTRACTED WITH AN OUTSIDE UNRELATED PROPERTY MANAGEMENT COMPANY. FORM 990, PAGE 6, PART VI, LINE 7A NEW MEMBERS OF THE BOARD ARE ELECTED BY THE CURRENT BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE RETURN IS PROVIDED TO THE PRESIDENT AND MANAGEMENT AGENT FOR REVIEW AND APPROVAL BEFORE THE FORM IS ELECTRONICALLY FILED. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE FILED AT THE MANAGEMENT AGENT'S OFFICE AND ARE AVAILABLE UPON REQUEST.