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V O L . X X V I I N O. X X I 16 G I V I N G G U I D E 2 0 21– 2 0 2 2 N O N P RO F I T P RO F I L E BOARD OFFICERS Janice de Lima, Board Vice Chair: Vice President, Community Investment Officer, Norway Savings Bank Tim Agnew, Board Treasurer: Principal, Masthead Venture Partners Kimberly Twitchell, Board Secretary: Maine Regional President, NBT Bank BOARD MEMBERS Peter Bass: Owner, Random Orbit Tony Cipollone: President & CEO, John T. Gorman Foundation Andrea Dodge Patstone: President, Western Maine Health James Elkins: Owner, Career Planning Services Dr. Renee Fay-LeBlanc: Chief Medical Officer, Greater Portland Health Katherine Griffin: Partner, Toole, Powers & Griffin, P.A. Chomba Kaluba: Immigrant and Refugee Youth Advocate, Immigrant and Refugee Community Organization Raissa Kaze: Community member Lori Parham: State Director, AARP Maine Peter Pitegoff: Professor of Law, University of Maine School of Law Nathan Poore: Town Manager, Town of Falmouth Arthur Sabiti: Cooperative Developer, Cooperative Development Institute G. Jeffrey Shaw: President, Clark Insurance Amy Smith: Founder & President, Healthy Homeworks Douglas Stockbridge: President, Rollins Management Group Inc. Avesta Housing WHO WE ARE We are a nonprofit organization driven by our mission to improve lives and strengthen communities by promoting and providing quality affordable homes for people in need. We care deeply about people—those who urgently need safe, affordable housing and those living in the homes we develop and manage. e need has never been greater—the COVID-19 pandemic, rising inflation resulting in higher construction costs, and skyrocketing real estate prices have greatly exacerbated the affordable hous- ing crisis in Maine and New Hampshire. We have four Core Values that sustain the work we do: f Humanity: We care about people. f Stewardship: We manage our resources responsibly, efficiently, and sustainably. f Relationships: We seek meaningful interaction and effective collaboration. f Quality: We pursue excellence in all our work. WHAT WE DO Our staff and board of directors are passionate about affordable housing and the positive impact it has on lives and communities. We focus on five strategic areas: f Advocacy: We are devoted to address- ing local, regional, and national affordable housing needs through strategic collaborations. f Development: We collaborate with community leaders, building pro- fessionals, housing advocates, and financial partners to develop, acquire, and preserve hundreds of affordable homes each year. f Property Management: We man- age more than 100 properties and more than 2,700 affordable homes throughout Maine and New Hamp- shire. ese properties vary greatly, but our philosophy managing them is consistent: We care about the people living in our communities, and we care about the condition and performance of our buildings. f Senior & Assisted Living: As Maine's population ages, the scope of our commitment to affordable housing has grown to include those for whom a private residence is no longer an option. We have two assisted-living communities – Inn at Village Square in Gorham and 75 State Street in Portland – that offer personalized, affordable, and supportive living options for seniors. f Homeownership: Our HomeOwner- ship Center fosters strong, thriving communities and personal financial health and stability through enriched financial literacy, improved personal financial management, and increased homeownership. SUPPORT OUR WORK Securing a safe, stable, and affordable home is critical to the health and well- being of older adults. Avesta Housing and its partners have embarked on a $2 million fundraising campaign called e Silver Hearth Fund (www.SilverHearth- Fund.org) to provide vital support and assist the most vulnerable among Maine and New Hampshire's older population in three ways: f New Homes: To meet the growing unmet need for a safe, affordable home among low-income older adults, we will increase production and acquisi- tions of new homes. f Resident Services: To help older adults age in place safely and with dignity, we will expand and strengthen support services for residents. f Improved Homes: To ensure homes are safe, warm, sustainable, and afford- able, we will increase our investment in the rehabilitation and moderniza- tion of our oldest properties. Established: 1972 / Employees: 230 / Annual revenue: $51.3 million TOP FUNDING SOURCES 52.2% Private fees for service 38.6% Federal 5.6% State 3.6% Donations CONTACT 307 Cumberland Ave. Portland, ME 04101 (207) 553-7777 www.AvestaHousing.org AvestaHousing @AvestaHousing AWARDS/ACCOLADES 2021: Southgate House — Charles L. Edson Tax Credit Excellence Award (Affordable Housing Tax Credit Coalition) / 2020: Best Places to Work in Maine (Society for Human Resource Management – Maine State Council) / 2020: President & CEO Dana Totman — Catalyst Award (Portland Regional Chamber of Commerce) / 2019: Best Places to Work in Maine (Society for Human Resource Management – Maine State Council) MISSION STATEMENT Avesta Housing improves lives and strengthens communities by promoting and providing quality affordable homes for people in need. SERVICE LOCATIONS Maine and New Hampshire Dana Totman, President & CEO Jonathan Culley, Board Chair: Developer, Redfern Properties AT A GLANCE 2022 GOALS f Goal 1: Provide infrastructure and services that allow seniors to age in place gracefully. f Goal 2: Increase and improve afford- able housing options for low-income residents, including families, seniors, and formerly homeless individuals. f Goal 3: Create financial stability for homeowners through education and counseling services. f Goal 4: Advocate at the local, regional, and state levels for safe, affordable, quality homes for people in need. Avesta Housing improves lives and strengthens communities by promoting and providing quality affordable homes for people in need.