FOUR DIRECTIONS DEVELOPMENT CORPORATION

ORONO, ME | Penobscot County
Community Services

Overview

FOUR DIRECTIONS DEVELOPMENT CORPORATION
01-0544468
20 GODFREY DR
ORONO, ME 04473
Penobscot County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • HUD Counseling Agency
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
Y
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $1,826,265 CDFI Rapid Response Program (COVID-19) open_in_new Four Directions Development Corporation
2014 $749,488 Native American CDFI Financial Assistance open_in_new Four Directions Development Corporation
2015 $900,000 Native American CDFI Financial Assistance open_in_new Four Directions Development Corporation
2016 $800,000 Native American CDFI Financial Assistance open_in_new Four Directions Development Corporation
2017 $745,500 Native American CDFI Financial Assistance open_in_new Four Directions Development Corporation
2018 $550,000 Native American CDFI Financial Assistance open_in_new Four Directions Development Corporation
2020 $700,000 Native American CDFI Financial Assistance open_in_new Four Directions Development Corporation
2019 $150,000 Native American CDFI Technical Assistance open_in_new Four Directions Development Corporation

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Counseling Programs Offered info
  • Financial Management/Budget Counseling
  • Financial, Budgeting and Credit Workshops
  • Home Improvement and Rehab
  • Non-Delinquency Post Purchase Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$2.5M
Revenue
$2.5M
Assets
$13M

IRS Business Master File Details info

As of November 2022 Update
Exempt Ruling Date info
2002-12
Deductibility Status info
Deductible
Last Tax Filing info
2021
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of April 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

Nonprofit Location

Physical Address info
20 GODFREY DR
ORONO, ME 04473
Penobscot County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
12620
MSA/MD info
23
State info
019
County info
0062.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
12620 - Bangor, ME
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 9.90%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0062.00 Penobscot County
Population
Total Population 2,879 152,211
Total Households 1,335 62,812
Income
Median Family Income (Census*) $124,479 $55,125
Median Family Income (2022 FFIEC est.) $82,100 $82,100
Tract Income Percentage 183.08% N/A
Below Poverty Level 11.4% 13.8%
Unemployment Level 4.9% 4.5%
Housing
Total Housing Units 1,455 74,904
Total Owner-Occupied Units 68.5% 69.9%
Total Renter-Occupied Units 23.3% 30.1%
Total Vacant Units 8.2% 7.8%
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

13
Total Voting Members
in Governing Body
info
12
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Susan Hammond
Executive Director
(207) 866-6545
Principal Officer info
Susan Hammond
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.