New Hampshire Alliance Of Regional Development Corporations Inc
- Assets
- $15.5k
- Revenue
- $192.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Conway, NH
- Founding
- 06/2000
- Data as of
- 12/2021
- EIN
- 02-0511578
Organization Overview
New Hampshire Alliance Of Regional Development Corporations Inc is located in Conway, NH. The organization was established in 2000. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hampshire Alliance Of Regional Development Corporations Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Hampshire Alliance Of Regional Development Corporations Inc generated $192.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $189.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, New Hampshire Alliance Of Regional Development Corporations Inc has awarded 58 individual grants totaling $1,139,230. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AN ENTITY WITH MEMBERSHIP OF NEW HAMPSHIRE ECONOMIC DEVELOPMENT CORPORATIONS SHARING RESOURCES AND INFORMATION ON A STATE WIDE BASIS. TO DEVELOP AND MAINTAIN A COOPERATIVE AND WORKING RELATIONSHIP AMONG NEW HAMPSHIRE REGIONAL ECONOMIC DEVELOPMENT CORPORATIONS FOR THE PURPOSE OF PROMOTING SUSTAINABLE ECONOMIC DEVELOPMENT OBJECTIVES AND POLICIES WHICH BENEFIT LOW AND MODERATE INCOME RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND MAINTAIN A COOPERATIVE AND WORKING RELATIONSHIP AMONG NEW HAMPSHIRE REGIONAL ECONOMIC DEVELOPMENT CORPORATIONS FOR THE PURPOSE OF PROMOTING SUSTAINABLE ECONOMIC DEVELOPMENT OBJECTIVES AND POLICIES WHICH BENEFIT LOW AND MODERATE INCOME RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Duncan Cooley Vice Preside | OfficerTrustee | $0 | |
Jac Cuddy Secretary/tr | OfficerTrustee | $0 | |
Erika Canales President | Officer | $0 | |
Justin Slattery Director | Trustee | $0 | |
Denise Roy Palmer Director | Trustee | $0 | |
Laurel Adams Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $192,245 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,245 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $192,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $188,728 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $36 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $101 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $525 |
| All other expenses | $75 |
| Total functional expenses | $189,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,527 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,527 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $15,527 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,527 |
Grants Awarded
Over the last fiscal year, New Hampshire Alliance Of Regional Development Corporations Inc has awarded $188,728 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Harrisburg, PA | | $39,000 |
Dover, NH | | $31,717 |
Raymond, NH | | $21,381 |
Conway, NH | | $19,000 |
Lancaster, NH | | $19,000 |
Raymond, NH | | $19,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Hampshire Alliance Of Regional Development Corporations Inc has recieved totaling $19,000.
| Awarding Organization | Amount |
|---|---|
| $19,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homestart Inc Boston, MA | $5,713,584 | $14,864,192 |
Massachusetts Manufacturing Extension Partnership Inc Auburn, MA | $5,456,400 | $10,807,956 |
Dorchester Bay Economic Development Corporation Dorchester, MA | $50,118,730 | $16,286,134 |
Monadnock Economic Development Corporation Keene, NH | $44,564,780 | $2,525,403 |
Worcester Business Development Corporation Worcester, MA | $18,366,111 | $1,969,639 |
Brewery Development Co Of Jamaica Plain Jamaica Plain, MA | $15,925,707 | $3,916,068 |
Sunrise County Economic Council Machias, ME | $3,070,902 | $3,332,067 |
Northern Community Investment Corp St Johnsbury, VT | $17,776,781 | $1,513,182 |
Dudley Street Neighborhood Initiative Inc Roxbury, MA | $1,937,118 | $1,598,993 |
Randolph Area Community Development Corporation Randolph, VT | $5,201,775 | $1,051,354 |
Rutland Economic Development Corporation Rutland, VT | $2,538,435 | $1,109,239 |
Beyond Walls Inc Lynn, MA | $542,232 | $900,900 |