VOANNE Property Corporation

Address
14 Maine Street Suite 100
Brunswick, ME 04011
Contact
Phone: +1 (207) 373-1140
Nonprofit
EIN: 46-1431715
Year formed: 2013

Mission

Providing affordable housing to qualified persons.
 20172016
Basic features of the organization
Year of formation2013
Subsection code03
PF filing required0 
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00
Number of employees00
Number of people compensated >$100k00
Number of volunteers30
Number of highly compensated contractors00
Personnel
Ackerman, Tom
Title DIRECTOR
Name of key/compensated person tom ackerman
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Baldwin, Terry
Title coo
Name of key/compensated person terry baldwin
Position of compensated person
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $34,483.00
Belssington, Malisa
Title DIRECTOR
Name of key/compensated person malisa belssington
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Calmes, Bruce
Title DIRECTOR
Name of key/compensated person bruce calmes
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Coon, Michael
Title vp of external relations
Name of key/compensated person MICHAEL COON
Position of compensated person
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $41,567.00
Davies, Sarah
TitleDirectorCHAIRPERSON
Name of key/compensated personSarah J DaviessARAH J DAVIES
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org0.101.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Doty, Mark
Title dIRECTOR
Name of key/compensated person mark doty
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Evans, Gail
Title VICE CHAIRPERSON
Name of key/compensated person gail evans
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Higgins, Sarah
Title dIRECTOR
Name of key/compensated person sarah higgins
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Ives, Nancy
Title VP PROGRAM OPERATIONS
Name of key/compensated person NANCY IVES
Position of compensated person
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $75,156.00
Johnson, Robert
TitleTreasurer/Secretarytreasurer
Name of key/compensated personRobert S JohnsonroberT S JOHNSON
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org0.101.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Koegel, June
TitlePresident/CEOPRESIDENT/CEO
Name of key/compensated personJune A KoegelJUNE A KOEGEL
Position of compensated person
Current individual trustee or director True
Average hours per week working for org0.101.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$27,290.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $106,834.00$103,358.00
Legere, Polly
Title DIRECTOR
Name of key/compensated person polly legere
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
MacDonald, Brad
Title dIRECTOR
Name of key/compensated person brad macdonald
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Morrill, Melissa
Title vp pROGRAM OPERATIONS
Name of key/compensated person melissa morrill
Position of compensated person
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $61,054.00
Namer, Cindy
TitleDirectordIRECTOR
Name of key/compensated personCindy Namercindy namer
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org0.101.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Ouellette, Kristy
Title DIRECTOR
Name of key/compensated person kristy ouellette
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Ross, Joely
Title dIRECTOR
Name of key/compensated person joely ross
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Saucier, Paul
Title DIRECTOR
Name of key/compensated person paul saucier
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Tutunaru, Ludmila
TitleCFOCFO
Name of key/compensated personLudmila TutunaruLUDMILA TUTUNARU
Position of compensated person
Average hours per week working for org0.101.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$9,841.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $76,389.00$74,784.00
Wilcock, Julia
Title vp of facilities
Name of key/compensated person JULIA WILCOck
Position of compensated person
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $74,890.00
Wood, Margo
Title dIRECTOR
Name of key/compensated person margo wood
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesProviding affordable housing to qualified persons.providing AFFORDABLE HOUSING to qualified persons.
Program service expenses, total$195,794.00$139,999.00
Programs, including revenue & expenses
The organization provides affordable housing to qualified persons.
Program expenses$195,794.00$139,999.00
Program revenue$208,415.00$96,492.00
Program descriptionThe organization provides affordable housing to qualified persons.the organization provides AFFORDABLE HOUSING to qualified persons.
Financial data
Revenue
Total revenue$208,415.00$96,492.00
Investment income, current yr$0.00$0.00
Total revenue from grants, etc., current yr$0.00$0.00
Total unrelated business revenue$0.00$0.00
Other revenue, current yr$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00
Program service revenue (total)$208,415.00$96,492.00
Gross receipts$208,415.00$96,492.00
Expense categories (totals)
Total functional expenses: sum of all$213,644.00$150,423.00
Total functional expenses: program service $195,794.00$139,999.00
Total functional expenses: management and general$17,850.00$10,424.00
Total functional expenses: fundraising$0.00$0.00
Fees for services
Legal fees (total)$976.00$658.00
Fundraising service fees (total)$0.00$0.00
General management fees (total)$11,553.00$5,287.00
Assets and liabilities
Total assets$1,635,998.00$1,586,834.00
Total assets, beginning of year$1,586,834.00$1,280,126.00
Total liabilities$1,589,149.00$1,534,756.00
Total liabilities, beginning of year$1,534,756.00$1,174,117.00
Unrestricted net assets, end of yr$46,849.00$52,078.00
Net assets$46,849.00$52,078.00
Net assets, beginning of year$52,078.00$106,009.00
Other liabilities$399,862.00$325,197.00
Other assets$9,679.00$10,172.00
Cash: non-interest bearing$22,313.00$12,973.00
Cash: non-interest bearing, beginning of year$12,973.00$47,912.00
Other financial variables
Revenue less expenses-$5,229.00-$53,931.00
Savings & temp cash investment$5,436.00$5,436.00
Accounts receivable, net$1,103.00$3,332.00
Prepaid expenses & deferred charges$1,581.00$770.00
Accounts payable & accrued expenses$8,044.00$1,383.00
Secured mortgages and notes payable$1,181,243.00$1,208,176.00
Total net assets or fund balances$46,849.00$52,078.00
Depreciation, depletion, amortization$35,151.00$31,201.00
Governance and accountability
Number of voting members318
Number of independent voting members318
Financial sheets auditedTrue 
Audit on consolidated basisTrue 
Accrual accountingTrueTrue
Tax year start date2016-07-012015-07-01
Tax year end date2017-06-012016-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990
Reason for form submission
Address changeTrue 
Date e-filing submitted2018-03-262017-06-30
IRS schema version2016v3.02015v3.0
Filing identifier201820599349301017201720099349301067
Use these data in your project Benchmark this organization against its peers