Skip to content

Maine · Nonprofit

PORTLAND HOUSING DEVELOPMENT CORPORATION

PORTLAND HOUSING DEVELOPMENT CORPORATION (Maine) receives grants from 1 organization whose IRS filings report $408,413 to it, the largest being United Way Inc ($408,413). 1 of them have funded it in more than one year.

Revenue FY2025
$4.2M
Funders on record
1
Grants received
$408k
Net assets
$20M
1/1 repeat funderspeak grant-dependency 7%
01What it does

What Portland Housing Development Corporation does

Mission

Construction of low income housing, rent supplements and support services.

As stated on its FY2025 Form 990.

Program

  1. Provide housing for lower-income residents.

    $2,858,361 spent$3,757,709 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,858,361.

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.

100 = 20172017 Revenue 100 ($202k) Expenses 100 ($265k) Net assets 100 ($2.4M)2018 Revenue 164 ($330k) Expenses 99 ($261k) Net assets 103 ($2.5M)2019 Revenue 373 ($753k) Expenses 189 ($500k) Net assets 113 ($2.7M)2020 Revenue 823 ($1.7M) Expenses 179 ($474k) Net assets 162 ($3.9M)2021 Revenue 1367 ($2.8M) Expenses 824 ($2.2M) Net assets 186 ($4.5M)2022 Revenue 2594 ($5.2M) Expenses 430 ($1.1M) Net assets 354 ($8.6M)2023 Revenue 3671 ($7.4M) Expenses 417 ($1.1M) Net assets 613 ($15M)2024 Revenue 2760 ($5.6M) Expenses 732 ($1.9M) Net assets 762 ($19M)2025 Revenue 2090 ($4.2M) Expenses 1089 ($2.9M) Net assets 839 ($20M)
'17'18'19'20'21'22'23'24'25
Revenue (2090)Expenses (1089)Net assets (839)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $12M to $20M (+68%).

$2.8M
$2.8M
$3.7M
$4.9M
$5.3M
$12M
$20M
$24M
$27M
'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: 2022 11% · 2023 6% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$63k
’17
$69k
’18
$253k
’19
$1.2M
’20
$573k
’21
$4.1M
’22
$6.3M
’23
$3.6M
’24
$1.3M
’25
35
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.

Board chair

Monique Mutumwinka

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed71099899108
Joined·+3+1+1+1+4+0+2+0
No longer listed·02123012
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $53k → $70k.

Funder
'19
'20
'21
'22
'23
'24*
'25*
total
United Way Incunclassified
$408k
funders
1
1
1
1
1
1
1

From the IRS filings of PORTLAND HOUSING DEVELOPMENT CORPORATION’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

100% of PORTLAND HOUSING DEVELOPMENT CORPORATION's grant income comes from Maine funders.

ME

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Maine out of state home

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

Government funding PORTLAND HOUSING DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $66.0M on record.

Federal$66.0M
grants $66.0Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Housing and Urban Development$64.5M
  • Environmental Protection Agency$1.5M

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 PORTLAND 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

05Profile & governance

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

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

ME

Part of a family of 3 related entities

  • Portland Housing Authority (Pha) · exempt
  • State Street Housing Preservation · exempt
  • Portland Housing Service Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PORTLAND 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PORTLAND HOUSING DEVELOPMENT CORPORATION?
PORTLAND HOUSING DEVELOPMENT CORPORATION (Maine) receives grants from 1 organization whose IRS filings report $408,413 to it, the largest being United Way Inc ($408,413). 1 of them have funded it in more than one year.
How many funders does PORTLAND HOUSING DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $408,413 in grants to PORTLAND HOUSING DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of PORTLAND HOUSING DEVELOPMENT CORPORATION?
United Way Inc is the largest funder on record, with $408,413 in grants. The full list of funders is on this page.
How can an organization like PORTLAND 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 Portland 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 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