Issue link: https://nebusinessmedia.uberflip.com/i/1507716
A large and growing body of research on housing security shows that stable affordable housing has a positive impact on individuals, families and communities. We have successfully developed, provided and promoted safe, quality, affordable homes for more than 50 years. Our leadership and staff have the requisite technical and professional skills coupled with a passionate commitment to make lasting change for the individuals, families and communities we serve. In the past two years, we have: f Celebrated our 50th anniversary f Provided safe, affordable, quality homes to 4,400 people every day f Developed and/or rehabilitated more than 400 affordable homes f Collaborated with 100+ community organizations to provide Avesta residents with support services such as food pantries and community meals, English Language Learning classes, vaccine clinics, legal support and employment services 2024 GOALS f Reduce the current affordable housing shortfall in Maine by expanding and accelerating the development of new affordable properties with a focus on workforce, rural and site-based Housing First housing f Improve access to support services for Avesta residents who are most in need, helping them achieve housing stability f Invest in renewable energy and sustainable approaches to promote long-term preservation and affordability, and to help reduce residents' housing cost burden f Expand our advocacy work to create systemic and lasting impact on the availability of affordable housing GIVING OPPORTUNITIES Over the past four years, Avesta has invested more than $5.5 million in philanthropic donations from individuals, corporations and foundations to double our production of affordable housing and greatly expand our ability to connect residents with essential support services. We invite everyone in the community to play a role in tackling the affordable housing crisis in Maine through their financial support. Cash/Stock Donations of any size are greatly appreciated and help to fund our work. Gifts of Property – Donations of land and/or buildings help Avesta create more affordable housing that meets the community's needs. To learn more about Avesta's work, our community impact, and opportunities to support us, visit our website, www. AvestaHousing.org, or contact Vice President of Advancement Sara Olson at solson@avestahousing.org. N O N P RO F I T P RO F I L E BOARD OFFICERS Dr. Renee Fay-LeBlanc Vice Chair, Chief Medical Officer, Greater Portland Health Tim Agnew Treasurer, General Partner, Bold Ocean Ventures Peter Pitegoff Secretary, Professor and Former Dean, University of Maine School of Law BOARD MEMBERS Peter Bass President, Random Orbit Inc. Tony Cipollone Private Foundation Executive, retired Jonathan Culley President, Redfern Properties Janice de Lima Vice President, Norway Savings Bank James Elkins Career Counselor, Career Planning Services Alice Kabore Program Director, Hope Acts Chomba Kaluba Founder/Owner, Energy Iz Everything LLC Lori Parham State Advocacy & Policy Director, AARP Maine Nathan Poore Town Manager, Falmouth Lynne Roche Fundraising Executive, retired G. Jeffrey Shaw President, Clark Insurance Amy Smith Executive Director, Healthy Homeworks Douglas Stockbridge President, Rollins Management Group Inc. Kimberly Twitchell Maine Regional President, NBT Bank Rebecca Hatfield President & CEO Andrea Dodge Patstone Chair, Coastal Region President, MaineHealth AT A GLANCE Established: 1972 / Employees: 302 / Annual revenue: $51.6 million TOP FUNDING SOURCES 53.4% Private 35.4% Federal 5.5% State 5.7% Grants CONTACT 307 Cumberland Ave. Portland, ME 04101 (207) 553-7777 www.AvestaHousing.org @AvestaHousing AWARDS/ACCOLADES 2023: Named Best Property Management Company in the Portland, Maine Best of 2023 Awards 2023: Gauvreau Place, Lewiston — Notable Project Award, Maine Real Estate & Development Association (MEREDA) 2022: President & CEO Rebecca Hatfield — Mainers of the Year, Maine Magazine 2022: Deering Place, Portland — Notable Project Award, MEREDA 2021: Southgate, Scarborough — Charles L. Edson Tax Credit Excellence Award, Affordable Housing Tax Credit Coalition MISSION STATEMENT Avesta Housing is a nonprofit organiza- tion whose mission is to improve lives and strengthen communities by promoting and providing quality affordable homes for people in need. SERVICE LOCATIONS Maine and New Hampshire Avesta Housing 37% Fundraising Events 21% Contributions 18% CPR Training Revenue 14% Other Revenue 10% Bequests VO L . X X I X N O. X X I I G I V I N G G U I D E 2 0 2 3 – 2 0 2 4 20