Tedford Housing
Overview
Mission
Tedford housing's mission is to empower people to move from homelessness to home. Established in 1987, tedford's conprehensive approach to reducing homelessness and mitigating its impact on our communities includes providing homelessness prevention services and outreach case management for those at risk of homelessness; emergency shelter for adults and families; and permanent supportive housing for households that have previously experienced homelessness.
What it reported doing in 2024
Tedford housing's homeless prevention program is an essential strategy for reducing homelessness by preventing it from occurring. A costly car repair, divorce or medical bill can push a relatively stable household to the brink of homelessness. Tedford housings homeless outreach and prevention coordiinator works to provide short-term case management and connections to resources to families and individuals experiencing a housing crisis. Tedford partners with community agencies and utilizes funding from the united way of midcoast Maine to provide security deposits and rental assistance to prevent evictions and/or secure alternative housing to individuals and families either in danger of eviction or homelessness or to those who are currently homeless. In fiscal year 2025, the program served 79 households, comprised of 171 individuals, with financial assistance in form of eviction prevention and security deposit assistance, and outreach services, short-term case management and connection with local resources to an additional 309 households, comprised of 462 household members. Our homeless prevention program also includes a separate emergency heating assistance program, warm thy neighbor, which tedford housing assumed in 2010. Warm thy neighbor is an emergency heating assistance program for those in brunswick and adjacent towns who are at or under 150% of the poverty level and without sufficient home heat. Eligible clients receive 100 gallons of heating oil or the equivalent of other fuel. The program is funded entirely by private donations. In fiscal year 2025, warm thy neighbor served 231 households, comprised of 447 members, and distributed $87,741 in heating assistance during the 2024-2025 heating season.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 010422035
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- Brunswick, ME, USA
- Phone
- 2077291161
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Homeless Shelters
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40%; rating input score 40
- Program expense ratio: 76.2%; rating input score 76
- Fundraising efficiency: $25.08 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 50%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 4.8; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.54; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: 8.1% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 40% of revenue deployed · 76.2% of spending went to programs
- Governance: 19 of 19 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2M in reported program spending
- Leadership: top reported pay $115K · 19 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
19 people listed
Highest reported compensation
- ANDREW LARDIE (EXECUTIVE DIRECTOR): $115,169 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.