FOUR DIRECTIONS DEVELOPMENT CORPORATION

ORONO, ME | Penobscot County
Affordable Housing

Overview

FOUR DIRECTIONS DEVELOPMENT CORPORATION
01-0544468
20 GODFREY DR
ORONO, ME 04473
Penobscot County
(207) 866-6545

Mission Statement info

TO IMPROVE THE SOCIAL AND ECONOMIC CONDITIONS OF TRIBAL MEMBERS IN THE FOUR MAINE TRIBES (MALISEET, MICMAC, PASSAMAQUODDY AND PENOBSCOT) THROUGH EDUCATION AND INVESTMENT IN AFFORDABLE HOUSING, TRIBAL BUSINESS VENTURES, AND ENTREPRENEURS.

Founded info
2001
Total Employees info
9
Total Volunteers info
18
CRA Category info
  • Affordable Housing
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • HUD Counseling Agency
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
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
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
Most Recent CDFI Award info
2019
$150,000
Native American CDFI Assistance Technical Assistance
2018
$550,000
Native American CDFI Assistance Financial Assistance
2017
$745,500
Native American CDFI Assistance Financial Assistance
New Market Tax Credit Recipient info
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
$0.9M
Revenue
$0.9M
Assets
$9.8M
Exempt Ruling Date info
2002-12
Deductibility Status info
Deductible
Tax Filing Year info
2018
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
States Where Tax Return is Filed info
Not reported
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 Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
20 GODFREY DR
ORONO, ME 04473
Penobscot County
FIPS Geocoded Address info
12620
MSA/CBSA info
23
State info
019
County info
0062.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
Bangor, ME
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 6.46%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0062.00 Penobscot County
Population
Total Population 3,158 151,774
Total Households 1,309 62,156
Income
Median Family Income (Census*) $103,333 $50,808
Median Family Income (2019 FFIEC) $66,600 N/A
Tract Income Percentage 181.63% N/A
Below Poverty Level 12.2% 14.8%
Unemployment Level 8.8% 5%
Housing
Total Housing Units 1,358 75,789
Total Owner-Occupied Units 61.9% 69.4%
Total Renter-Occupied Units 34.5% 30.6%
Total Vacant Units 3.6% 8.1%
* Census tract income based on 2019 Census estimated data; County income based on 2019 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
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower 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

"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.