Raise-op Housing Cooperative
THE MISSION OF THE RAISE-OP IS TO OPERATE SAFE AND AFFORDABLE HOUSING THAT IS DEMOCRATICALLY CONTROLLED BY ITS MEMBERS ON A NON-PROFIT BASIS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-2.6% YoY
Annual Giving
$72K
Grant Count
1
Avg Grant Size
$72K
About Raise-op Housing Cooperative
Based on IRS filings
Raise-op Housing Cooperative is a nonprofit organization focused on Housing & Shelter, based in LEWISTON, ME. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 1 grants totaling $72K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,684,580 | $2,757,637 | $2,075,829 |
| Revenue | $316,653 | $941,299 | $963,863 |
| Expenses | $378,628 | $306,260 | $291,906 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,546 | $50 | $43 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kaydenz Kitchen Food Pantry Inc ($71,952).
| Recipient | Purpose | Amount |
|---|---|---|
| KAYDENZ KITCHEN FOOD PANTRY INC LEWISTON, ME | CREATION OF HOMELESS SHELTER | $71,952 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHAAD MASOOD | PRESIDENT (THRU JULY) | 1 | — |
| MICHAEL HERRMANN | PRESIDENT/SECRETARY (FROM AUGUST) | 1 | — |
| LYNNEA HAWKINS | VICE PRESIDENT (THRU JULY) | 1 | — |
| BRENDAN AKERS | VICE PRESIDENT (FROM AUGUST) | 1 | — |
| RONALD FLANNERY | TREASURER (THRU JULY) | 1 | — |
| IFRAAX SACIID | TREASURER (FROM JULY) | 1 | — |
| STUART BROWN | DIRECTOR | 1 | — |
| HILOWLE ADEN | DIRECTOR | 1 | — |
| ABDINAJIB MOHAMED | DIRECTOR | 1 | — |
| ZAK AYER | DIRECTOR (FROM JULY) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raise-op Housing Cooperative?
Raise-op Housing Cooperative is a nonprofit organization focused on Housing & Shelter, based in LEWISTON, ME. It holds $2.7M in total assets as of 2024.
How large is Raise-op Housing Cooperative?
As of 2024, Raise-op Housing Cooperative holds $2.7M in total assets with $317K in annual revenue. It awarded 1 grants totaling $72K in 2024.
Where does Raise-op Housing Cooperative operate?
Raise-op Housing Cooperative has awarded grants in Maine.
What size grants does Raise-op Housing Cooperative award?
In 2024, Raise-op Housing Cooperative awarded 1 grants totaling $72K — an average of about $72K per grant, based on its IRS Form 990 filings.
What is Raise-op Housing Cooperative's EIN?
Raise-op Housing Cooperative's EIN (Employer Identification Number) is 47-1739509. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.