Maine · Nonprofit
BATH HOUSING DEVELOPMENT CORPORATION
BATH HOUSING DEVELOPMENT CORPORATION (Maine) receives grants from 6 organizations whose IRS filings report $101,500 to it, the largest being John T Gorman Foundation ($75,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $7.2M
- Funders on record
- 6
- Grants received
- $102k
- Net assets
- $13M
What Bath Housing Development Corporation does
Mission
To foster, encourage, participate in, finance, own, operate, promote and advance the development of housing projects and related facilities affordable by primarily low income persons and families; to provide affordable financial and technical assistance and services to low income homeowners; to implement programs intended to enhance the growth of social and economic stability for low income families; and to promote the common good and general welfare of the inhabitants in the bath, maine region.
As stated on its FY2025 Form 990.
Programs
Development, improvement and management of housing for low income persons. Bhdc owns 175 multi-family apartments which it runs in accordance with its charitable mission.
$2,668,262 spent$2,520,190 earned by the program97% of program spendingBhdc operates comfortably home serving low-income, older adults and people with disabilities. The program conducts home modifications to allow peopple to thrive in their own homes.
$89,213 spent3% of program spendingDeveloper fees earned from planning, coordinating, and overseeing the development and rehabilitation of affordable housing properties that provide safe and affordable housing opportunities for low- and moderate-income individuals and families.
$270,000 earned by the programBhdc leases a commerical office building to bath housing authority.
$67,171 earned by the program
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,757,475.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $13M to $21M (+61%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 66% · 2018 2% · 2020 49% · 2021 10% · 2022 21% · 2023 19% · 2024 18% · 2025 59%. Grants only. Government contracts and fees sit inside program revenue.
60% of BATH HOUSING DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $8k → $28k.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BATH HOUSING DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 5 of 6 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BATH HOUSING DEVELOPMENT CORPORATION leans on a few funders — its largest provides 74% of grant income and the top three 91%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2020 100% · 2021 100% · 2022 100% · 2023 54% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
89% of BATH HOUSING DEVELOPMENT CORPORATION's grant income comes from Maine funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $14k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BATH HOUSING DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 2,367 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025
Government funding BATH HOUSING DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.0M on record.
- Department of Housing and Urban Development$4.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like BATH HOUSING DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maine
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Hlt LLC · disregarded
- Bath Housing Authority · exempt
Screen this organization
A dated, signed PDF of the compliance screen for BATH HOUSING DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BATH HOUSING DEVELOPMENT CORPORATION?
- BATH HOUSING DEVELOPMENT CORPORATION (Maine) receives grants from 6 organizations whose IRS filings report $101,500 to it, the largest being John T Gorman Foundation ($75,000). 1 of them have funded it in more than one year.
- How many funders does BATH HOUSING DEVELOPMENT CORPORATION have?
- IRS filings report 6 organizations giving $101,500 in grants to BATH HOUSING DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of BATH HOUSING DEVELOPMENT CORPORATION?
- John T Gorman Foundation is the largest funder on record, with $75,000 in grants. The full list of funders is on this page.
- How can an organization like BATH HOUSING DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Bath Housing Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing