2025-04-29T03:26:19-00:00 2024-09-30 043383155 RHR Smith & Company CPA's 3 Old Orchard Road Buxton ME 04093 990 2023-10-01 010544468 Four Directions Development Corporation FOUR 2078666545 20 Godfrey Dr UNIT 7 Orono ME 04473 Matthew Lewis Executive Director 2078666545 2025-04-29 false Danielle N O'Neill P02481791 2079294606 2025-04-29 2023 2025-03-06 01:10:19Z Matthew Lewis 20 Godfrey Dr UNIT 7 Orono ME 04473 2421539 false X www.fourdirectionsmaine.org X 2001 ME See Schedule O 12 12 18 0 1986581 1755056 475433 497689 69537 156139 19859 12655 2551410 2421539 63663 0 0 950932 1042344 0 0 1032070 1295470 2046665 2337814 504745 83725 15646979 15081245 7052556 6403097 8594423 8678148 See Schedule O false false 254899 RESIDENTIAL LENDING - FOUR DIRECTIONS DEVELOPMENT COPORATIONS RESIDENTIAL LENDING PROGRAM SEEKS TO IMPROVE THE LIVES OF ITS BORROWERS BY PROVIDING FIRST MORTGAGE LOANS FOR HOMEOWNERS/CONSTRUCTION, REFINANCING, PURCHASE-PLUS IMPROVEMENTS, FINANCING FOR MODULAR/MOBILE HOMES HOME IMPROVEMENTS SUBORDINATE FINANCING FOR REPAIRS/IMPROVEMENTS HOME EQUITY LOAN CONSUMER LOANS FOR EMERGENCY EXPENSES OR PAY DOWN DEBT. SOUND LENDING PRACTICES ENABLE BORROWERS TO FEEL SECURE KNOWING FDDC IS WORKING FOR THEM. 1180192 See Schedule O 125944 FINANCIAL CAPABILITIES - FOUR DIRECTIONS DEVELOPMENT CORPORATIONS FINANCIAL CAPABILITIES PROGRAM PROVIDES HOMEOWNERSHIP AND FINANCIAL EDUCATION TO EMPOWER TRIBAL MEMBERS TO REACH THEIR FINANCIAL GOALS. THE PROGRAM INCLUDES ONE-ON-ONE FINANCIAL COACHING AND HOMEOWNERSHIP COUNSELING, AS WELL AS LARGER GROUP EDUCATION WORKSHOPS AND EVENTS. THESE ACTIVITES INCLUDE PRE AND POST PURCHASE HOMEOWNERSHIP COUNSELING, RENTAL COUNSELING, DELINQUENCY AND PRE-FORECLOSURE COUNSELING, MONEY MANAGEMENT COACHING, CREDIT COACHING, AND HOMEBUYER EDUCATION CLASSES. 1561035 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 true 18 true false false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false X Charlene Virgilio 2078666545 20 Godfrey Dr Unit 7 Orono ME 04473 X Nichole Francis President 000.50 X X 0 0 0 Eric Nicolar Treasurer 000.50 X X 0 0 0 Catherine St John Secretary 000.50 X X 0 0 0 Gabe Paul Director 000.50 X 0 0 0 Christopher Phillips Director 000.50 X 0 0 0 John Dennis Director 000.50 X 0 0 0 Martha Bentley Director 000.50 X 0 0 0 Jeffrey Nathan Director 000.50 X 0 0 0 Laura Buxbaum Director 000.50 X 0 0 0 Vicki Rusbult Director 000.50 X 0 0 0 Jacob Pelkey Director 000.50 X 0 0 0 Susan Hammond Director 000.50 X 0 0 0 Charlene Virgilio Executive Director 040.00 X 0 0 0 false false false 1349039 406017 1755056 Interest on Loans 474645 474645 Loan Origination Income 23044 23044 497689 156139 156139 12655 12655 12655 2421539 510344 156139 X 0 0 0 0 0 0 816824 530074 286750 0 153554 86520 67034 71966 46616 25350 0 1274 950 324 33342 33342 0 0 389264 350552 38712 24240 7891 16349 40853 20793 20060 18310 2000 16310 0 83609 45455 38154 35564 21707 13857 0 111082 92459 18623 121127 68119 53008 0 8965 8965 36253 36253 Licenses Memberships 17239 9981 7258 Recruitment Retention 121499 118925 2574 Program/Grant Expense 44488 44488 Bad Debt Expense 44568 44568 163793 69937 93856 2337814 1561035 776779 0 29370 3461258 6383403 2607485 626529 438485 4507 7462 28648 55866 52983 11849 2883 8588366 8537979 15646979 15081245 159022 131505 238688 83037 6654846 5948555 240000 7052556 6403097 X 7701069 7972129 893354 706019 8594423 8678148 15646979 15081245 83725 X false true X true true true X 1755056 1755056 1755056 1755056 1755056 156139 156139 1911195 0.91830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 4925 4925 50941 48058 2883 2883 Financial derivatives and other financial products Closely-held equity interests Construction in Progress 682128 Housing and Business Loans Receivable 8228458 Loan Loss Reserve Escrow 40000 Allowance for Loan Losses -412607 8537979 Federal income taxes Current Portion LT Liabilities 240000 240000 Form 990, Part VI, Section B, Line 11b The Form 990 is provided to the Board of Directors for consent before filing Form 990, Part VI, Section B, Line 12c The monitoring is applied consistently and conflicts of interest that arise are handled immediately with disciplinary or discharge action taken. The directors are required to read and sign a copy of the conflict of interest policy at each Board of Directors meeting. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request Form 990, Part IX, Line 11g Other fees for service include Outside Contract Services, Consulting Programs Business Development, Community Development, General Admin , Internship/Participation.