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Nonprofit · EIN 01-0211791

SEVENTY-FIVE STATE STREET

Tax-exempt · PORTLAND, ME 04101

Financials

$9.2M$8.7M2023$10.5M$9.1M2024
Revenue Expenses · by fiscal year end
Financials of SEVENTY-FIVE STATE STREET by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,498,958$9,120,885$1,378,073$26,609,219$16,022,862$10,586,357
December 31, 2023990$9,233,172$8,693,728$539,444$19,050,060$10,162,666$8,887,394
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$98,686
Program service revenue
$9,747,461
Investment income
$652,811
Net gain from sales of assets
$428,558
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$143,056
Other salaries and wages
$4,236,110
Salaries, compensation and benefits (total)
$5,499,125
Professional fundraising fees
$0
Legal fees
$805
Accounting fees
$33,701
Occupancy
$517,115
Travel
$10,043
Depreciation
$875,241
Program services (functional)
$7,928,032
Management and general (functional)
$1,192,853

Balance sheet and other

Total assets, start of year
$19,050,060
Total assets, end of year
$26,609,219
Total liabilities, end of year
$16,022,862
Net assets, end of year
$10,586,357
Land, buildings and equipment
$10,042,312
Publicly traded securities
$5,324,768
Net assets without donor restrictions
$9,311,824
Net assets with donor restrictions
$1,274,533
Gross receipts
$14,435,656
Employees
176
Volunteers
28
Year formed
1854
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Katy SmithAdministrator
Officer
30$0$207,649$12,437
Kerri AguiarPast Clinical Manager
Highest-paid employee
40$120,426$0$15,565
Andrea PatstoneChair
Trustee or director, Officer
2$0$0$0
Renee Fay-LeBlancVice Chair
Trustee or director, Officer
2$0$0$0
Tim AgnewTreasurer
Trustee or director, Officer
2$0$0$0
Peter PitegoffSecretary
Trustee or director, Officer
2$0$0$0
Peter BassTrustee
Trustee or director
2$0$0$0
Jim ElkinsTrustee
Trustee or director
2$0$0$0
Jim HanleyTrustee
Trustee or director
2$0$0$0
Alice KaboreTrustee
Trustee or director
2$0$0$0
Chomba KalubaTrustee
Trustee or director
2$0$0$0
Janice de LimaTrustee
Trustee or director
2$0$0$0
Debra Orellana-MejiaTrustee
Trustee or director
2$0$0$0
Julia ReddingTrustee
Trustee or director
2$0$0$0
Nathan PooreTrustee
Trustee or director
2$0$0$0
14 more people on this return
NameTitleHours / weekCompensation
Lynne RocheTrustee
Trustee or director
2$0
Amy SmithTrustee
Trustee or director
2$0
Doug StockbridgeTrustee
Trustee or director
2$0
Kimberly TwitchellTrustee
Trustee or director
2$0
Megan WaltonPast Vice Chair
Trustee or director, Officer
2$0
Mike VoisinePast Treasurer
Trustee or director, Officer
2$0
Drew AndersonPast Secretary
Trustee or director, Officer
2$0
Mary Lou CiolfiPast Trustee
Trustee or director
2$0
Jonathan CulleyPast Trustee
Trustee or director
2$0
Diane DonaldsonPast Trustee
Trustee or director
2$0
David EatonPast Trustee
Trustee or director
2$0
Mark GooginsPast Trustee
Trustee or director
2$0
Paula JohnsonPast Trustee
Trustee or director
2$0
Edward SuslovicPast Trustee
Trustee or director
2$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Katy SmithAdministrator
Officer
30$0$198,556$15,680
Julia ReddingChair
Trustee or director, Officer
4$0$0$0
Megan WaltonVice Chair
Trustee or director, Officer
4$0$0$0
Mike VoisineTreasurer
Trustee or director, Officer
4$0$0$0
Drew AndersonSecretary
Trustee or director, Officer
4$0$0$0
Mary Lou CiolfiTrustee
Trustee or director
4$0$0$0
Ralph CordesTrustee
Trustee or director
4$0$0$0
Diane DonaldsonTrustee
Trustee or director
4$0$0$0
David EatonTrustee
Trustee or director
4$0$0$0
Mark GooginsTrustee
Trustee or director
4$0$0$0
Paula JohnsonTrustee
Trustee or director
4$0$0$0
Ed SuslovicTrustee
Trustee or director
4$0$0$0
Neal AllenPast Trustee
Trustee or director
4$0$0$0
Kate GuarePast Secretary
Trustee or director, Officer
4$0$0$0

Address and contacts

Address (IRS master file)
307 CUMBERLAND AVE, PORTLAND, ME 04101-4920
Principal officer (990 for 2024)
Katy Smith, 75 State Street, Portland, ME 04101
Signed the 990
Katy Smith, Administrator
Phone
(207) 772-2675
Return prepared by
Berry Dunn McNeil & Parker LLC

Mission

75 State Street's mission is to promote the independence, dignity, and individuality of older people of all financial abilities by offering stimulating and supportive programs and services in a gracious, urban, residential setting.

990 for the year ended December 31, 2024

Program accomplishments

  • All expenses relate to the provision of a continuum of care that includes Independent Living and Assisted Living for older adults in Portland, Maine. 75 State Street provides a wide variety of amenities and services tailored for residents living independently and residents needing additional assistance. 75 State Street provides a quality and safe home for older adults who wish to live in an active, vibrant, urban community. We offer an array of life enrichment activities from exercise classes to organized games. Art workshops and conversation groups inspire creativity and make connections between neighbors.
    Expenses $7,928,032 · revenue $9,747,461

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0211791
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,609,219
Income (IRS master file)
$14,435,656

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,498,958$9,120,885$26,609,219XML
990December 2023$9,233,172$8,693,728$19,050,060XML
990December 2022$9,274,077$8,287,273$18,028,427IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0211791).

Questions about SEVENTY-FIVE STATE STREET

What is the EIN of SEVENTY-FIVE STATE STREET?
The employer identification number (EIN) of SEVENTY-FIVE STATE STREET is 01-0211791.
Is SEVENTY-FIVE STATE STREET tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to SEVENTY-FIVE STATE STREET tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SEVENTY-FIVE STATE STREET file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SEVENTY-FIVE STATE STREET due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SEVENTY-FIVE STATE STREET last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SEVENTY-FIVE STATE STREET?
The 990 for the year ended December 31, 2024 names Katy Smith.
Who are the officers and directors of SEVENTY-FIVE STATE STREET?
The 990 for the year ended December 31, 2024 lists 29 people; 1 received compensation from the organization.
How much revenue does SEVENTY-FIVE STATE STREET have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,498,958, expenses of $9,120,885 and total assets of $26,609,219 at year end.

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