Maine Housing Inc

Maine Housing Inc reports no financial activity and minimal assets across all IRS 990 filings.

EIN: 204042675 · Augusta, ME · NTEE: L82 · Updated: 2026-03-28

$0Revenue

$1Assets

10/100Mission Score (Very Poor)

L82

About Maine Housing Inc

Maine Housing Inc (EIN: 204042675) is a nonprofit organization based in Augusta, ME, classified under NTEE code L82. The organization reported total revenue of $0 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Maine Housing Inc's financial data consistently shows zero revenue and expenses across all available filings, with assets consistently reported as $1 (or $0 in 2016). This highly unusual financial profile suggests that the organization, as reported in these specific IRS 990 filings, is either inactive, a shell entity, or its primary financial activities are not being captured or reported through these particular filings. Without any reported financial activity, it is impossible to assess spending efficiency or program impact. The consistent reporting of minimal assets and no financial transactions raises significant questions about its operational status and purpose. Transparency is limited by the lack of substantive financial data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Housing Inc with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 0%
programs: 0%
fundraising: 0%

According to IRS 990 filings, Maine Housing Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% of expenses, which aligns with the reported zero expenses. This indicates no compensation is being paid out through the entity as reported in these filings.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Maine Housing Inc's IRS 990 filings:

Consistent zero revenue and expenses across all filings
Minimal assets ($1 or $0) over a long period
Lack of any reported operational activity

Strengths

The following positive indicators were identified for Maine Housing Inc:

Consistent reporting of zero officer compensation

Frequently Asked Questions about Maine Housing Inc

Is Maine Housing Inc actively operating?

Based on the IRS 990 filings showing zero revenue and expenses for over a decade, it appears Maine Housing Inc is not actively operating or conducting financial transactions under this EIN as reported to the IRS.

What is the purpose of Maine Housing Inc given its financial reports?

The purpose of Maine Housing Inc is unclear from its financial reports, as there are no reported activities, revenues, or expenses to indicate any operational function. It may be a dormant entity or a placeholder.

How does Maine Housing Inc sustain itself with no reported revenue?

Maine Housing Inc does not report any revenue, suggesting it is not sustaining itself through typical financial means. This reinforces the idea that it is not an active operating charity.

Filing History

IRS 990 filing history for Maine Housing Inc showing financial trends over 13 years of public records:

Total assets increased by 0% over the same period, from $1 to $1.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$0	$0	$1	$0	—	View 990
2022	$0	$0	$1	$0	—	View 990
2021	$0	$0	$1	$0	—	—
2020	$0	$0	$1	$0	—	View 990
2019	$0	$0	$1	$0	—	View 990
2018	$0	$0	$1	$0	—	View 990
2017	$0	$0	$1	$0	—	View 990
2016	$0	$0	$0	$0	—	View 990
2015	$0	$0	$1	$0	—	View 990
2014	$0	$0	$1	$0	—	View 990
2013	$0	$0	$1	$0	—	View 990
2012	$0	$0	$0	$0	—	View 990
2011	$0	$0	$1	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $0, expenses of $0, and assets of $1.
2022: Revenue of $0, expenses of $0, and assets of $1.
2021: Revenue of $0, expenses of $0, and assets of $1.
2020: Revenue of $0, expenses of $0, and assets of $1.
2019: Revenue of $0, expenses of $0, and assets of $1.
2018: Revenue of $0, expenses of $0, and assets of $1.
2017: Revenue of $0, expenses of $0, and assets of $1.
2016: Revenue of $0, expenses of $0, and assets of $0.
2015: Revenue of $0, expenses of $0, and assets of $1.
2014: Revenue of $0, expenses of $0, and assets of $1.
2013: Revenue of $0, expenses of $0, and assets of $1.
2012: Revenue of $0, expenses of $0, and assets of $0.
2011: Revenue of $0, expenses of $0, and assets of $1.

Data Sources and Methodology

This transparency report for Maine Housing Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.