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Friday July 25, 2014



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    Eric Boucher, 38
    Chief Financial Officer
    Avesta Housing

    Avesta Housing is Maine’s largest
    non-profit affordable housing agency,
    owning or managing 1,800 apartments
    and an assisted living facility in
    southern Maine. As Avesta’s chief
    financial officer since October 2010,
    Eric Boucher plays a key role in the
    steady growth of the 100-employee
    agency, which has more than $140
    million in assets and an annual
    operating budget exceeding $25
    million.

    “Eric has introduced a higher level of
    professionalism, automation, strategic
    planning, and expert management
    to the financial management side of
    Maine’s nonprofit sector,†says his
    nominator for a MaineToday Media
    Forty Under 40 award, Dana Totman.
    “As a CPA and University of Virginia
    McIntire School graduate, Eric has
    both tremendous accounting and
    management skills,†says Totman,
    Avesta’s president. “He has used these
    skills to find efficiencies, introduce new
    systems, and develop personnel teams
    that effectively serve Avesta Housing
    and affordable housing in general.â€Â

    Boucher’s dedication to the public
    good has been apparent throughout
    his career, Totman notes: “by
    extraordinary volunteerism when
    working in the for-profit sector
    (Boucher most recently had been vice
    president and audit manager for TD
    Bank) and directly by improving the
    financial health of Avesta.â€Â

    A Scarborough resident, Boucher
    was Maine Bankers Association
    Community Banker of the Year
    in 2006, for his participation in
    community activities including
    serving as Chairman of the Board
    of the Waldo County YMCA, when
    he was a VP at Camden National
    Corporation, and as a classroom
    volunteer for Junior Achievement.
    He’s a volunteer for and serves on
    the board of Community Financial
    Literacy (cflmaine.org) whose mission
    is “to empower immigrant and refugee
    communities in Maine by teaching
    them financial skills.â€Â

    Totman sees Boucher becoming
    “a senior VP with Avesta, perhaps
    chairing a couple of important
    non-profit boards … His career will
    undoubtedly be supplemented with
    his volunteerism, board leadership,
    and teaching.â€Â


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