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Maine · Nonprofit

Home for the Aged

Home for the Aged (Maine) receives grants from 1 organization whose IRS filings report $627,140 to it, the largest being BARR NANCY E CHARITABLE TUA-MAIN ($627,140). 1 of them have funded it in more than one year.

Revenue FY2025
$9.4M
Funders on record
1
Grants received
$627k
Net assets
$5.3M
1/1 repeat funders
01What it does

What Home for the Aged does

Mission

To provide housing and services that enhance a person's quality of life, respect personal dignity, and accommodate the need for privacy and self-determination. In doing so, we aim to respond to the individual's changing needs brought about through aging.

As stated on its FY2025 Form 990.

Programs

  1. Home for the Aged provides high quality housing, meals, civic, cultural and recreational activities and emergency response service to the residents of its one hundred ten independent living apartments. Some of the apartments are offered at rates that are below-market rates, making them accessible to those whose resources are modest, yet not such that the individuals are eligible for federal assistance. These apartments are specially designed to optimally meet the needs of those who are aging in place.

    $2,660,756 spent$6,737,808 earned by the program
    34% of program spending
  2. Home for the Aged provides high quality housing, meals, personal care services, assistance with medications and civic, cultural and recreational activities to the residents of its thirty-six state-licensed assisted living studios. Some of the apartments are offered to low and very low income residents, subsidized by the State of Maine's MaineCare program. Home for the Aged operates the MaineCare supported studios at below-cost, and operating subsidies (to offset losses) are provided by the Home's endowment. Estimated operating subsidies in the current year were$879,742.

    $4,637,911 spent$2,345,310 earned by the program
    59% of program spending
  3. Home for the Aged provides high quality, dignified, safe and affordable housing (70 independent living apartments) to those whose means are defined as "very low income or "extremely low income" in accordance with federal eligibility guidelines for the HUD Section 8 program. In providing Section 8 housing, Home for the Aged, in partnership with the U.S. Department of HUD, provides housing to those who would otherwise be at financial risk due to the high cost of housing and utilities. These apartments are specially designed to optimally meet the needs of those who are aging in place. As these residents age, by virtue of their residency, they are given priority for transfers to the assisted living program at such time as a higher level of care is needed.

    $554,977 spent
    7% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,853,644.

02The organization over time

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.

100 = 20172017 Revenue 100 ($5.9M) Expenses 100 ($6.6M) Net assets 100 ($10M)2018 Revenue 133 ($7.8M) Expenses 122 ($8.1M) Net assets 97 ($10M)2019 Revenue 126 ($7.4M) Expenses 123 ($8.2M) Net assets 88 ($9.2M)2020 Revenue 120 ($7.0M) Expenses 126 ($8.3M) Net assets 77 ($8.0M)2021 Revenue 129 ($7.6M) Expenses 127 ($8.4M) Net assets 71 ($7.4M)2022 Revenue 127 ($7.4M) Expenses 130 ($8.6M) Net assets 52 ($5.4M)2023 Revenue 143 ($8.4M) Expenses 137 ($9.1M) Net assets 48 ($5.0M)2024 Revenue 151 ($8.8M) Expenses 140 ($9.3M) Net assets 51 ($5.3M)2025 Revenue 161 ($9.4M) Expenses 149 ($9.9M) Net assets 51 ($5.3M)
'17'18'19'20'21'22'23'24'25
Revenue (161)Expenses (149)Net assets (51)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $37M to $34M (−6%).

$41M
$41M
$39M
$38M
$37M
$34M
$33M
$33M
$32M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 9% · 2022 2%. Grants only. Government contracts and fees sit inside program revenue.

0% of Home for the Aged’s revenue is contributions — more earned-revenue than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

−$764k
’17
−$286k
’18
−$781k
’19
−$1.3M
’20
−$813k
’21
−$1.2M
’22
−$718k
’23
−$468k
’24
−$468k
’25
2.6
months of
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.

Chief executive

Lorri Sommer

CEO

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed161918171614131618
Joined·+3+2+1+0+0+2+4+5
No longer listed·03212313
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
1

From the IRS filings of Home for the Aged’s funders (the co-funder graph). 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.

Where its funders are

Home for the Aged draws 100% of its grant income from funders outside Maine, across 1 state in all.

MO

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

Home for the Aged's revenue grew 61% between 2017 and 2025.

Operating margin−5% · bottom quartile
Months of reserve2.6mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025

Organizations like Home for the Aged

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • HFA HUD Properties LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Home for the Aged: 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.

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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 Home for the Aged?
Home for the Aged (Maine) receives grants from 1 organization whose IRS filings report $627,140 to it, the largest being BARR NANCY E CHARITABLE TUA-MAIN ($627,140). 1 of them have funded it in more than one year.
How many funders does Home for the Aged have?
IRS filings report 1 organization giving $627,140 in grants to Home for the Aged, 1 of which have funded it in more than one year.
Who is the largest funder of Home for the Aged?
BARR NANCY E CHARITABLE TUA-MAIN is the largest funder on record, with $627,140 in grants. The full list of funders is on this page.
How can an organization like Home for the Aged 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.

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 1 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 14, 2026. What this page cannot tell you · view filing