Civic Intelligence

Strafford Economic Development Corporation

990 • Fiscal year 2018 • EIN 04-3367947

Jan 01, 2018 to Dec 31, 2018 • Filed on May 03, 2019

Organization ProfileWWW.SEDCNH.ORG
Cocheco Falls Millworks 100 Main StDover, NH 03820

(603) 749-2211

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.34x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

4.10x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

31st percentile

$125,310

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

79th percentile

14%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

28%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$12,518,833

Up $1,510,252 (+14%) from 2017

Net Assets

Up

$8,283,886

Up $322,776 (+4.1%) from 2017

Liabilities

Up

$4,234,947

Up $1,187,476 (+39%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin84th percentile

Revenue

Up

$1,034,054

Up $226,040 (+28%) from 2017

Expenses

Up

$711,278

Up $49,620 (+7.5%) from 2017

Net Income

Up

$322,776

Up $176,420 (+121%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $8,260,908Liabilities 2010: $2,184,817Net Assets 2010: $6,076,0912010Assets 2011: $7,763,022Liabilities 2011: $1,676,408Net Assets 2011: $6,086,6142011Assets 2012: $8,863,827Liabilities 2012: $2,043,218Net Assets 2012: $6,820,6092012Assets 2013: $9,411,562Liabilities 2013: $1,964,175Net Assets 2013: $7,447,3872013Assets 2014: $10,399,873Liabilities 2014: $2,848,827Net Assets 2014: $7,551,0462014Assets 2015: $11,275,747Liabilities 2015: $3,611,200Net Assets 2015: $7,664,5472015Assets 2016: $11,546,347Liabilities 2016: $3,731,591Net Assets 2016: $7,814,7562016Assets 2017: $11,008,581Liabilities 2017: $3,047,471Net Assets 2017: $7,961,1102017Assets 2018: $12,518,833Liabilities 2018: $4,234,947Net Assets 2018: $8,283,8862018Assets 2019: $12,775,252Liabilities 2019: $4,401,295Net Assets 2019: $8,373,9572019Assets 2020: $12,221,278Liabilities 2020: $3,811,205Net Assets 2020: $8,410,0732020Assets 2021: $13,973,125Liabilities 2021: $3,424,092Net Assets 2021: $10,549,0332021Assets 2022: $15,973,160Liabilities 2022: $5,225,262Net Assets 2022: $10,747,8982022Assets 2023: $17,556,099Liabilities 2023: $5,167,837Net Assets 2023: $12,388,2622023Assets 2024: $18,165,028Liabilities 2024: $5,611,889Net Assets 2024: $12,553,1392024

Highlighted filing

2018

Assets$12,518,833
Liabilities$4,234,947
Net Assets$8,283,886
Open 2018 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0Expenses 2010: $840,2572010Revenue 2011: $623,948Expenses 2011: $613,425Net Income 2011: $10,5232011Expenses 2012: $504,1152012Revenue 2013: $1,129,296Expenses 2013: $502,518Net Income 2013: $626,7782013Revenue 2014: $776,893Expenses 2014: $673,234Net Income 2014: $103,6592014Revenue 2015: $751,303Expenses 2015: $637,803Net Income 2015: $113,5002015Revenue 2016: $1,257,891Expenses 2016: $1,107,682Net Income 2016: $150,2092016Revenue 2017: $808,014Expenses 2017: $661,658Net Income 2017: $146,3562017Revenue 2018: $1,034,054Expenses 2018: $711,278Net Income 2018: $322,7762018Revenue 2019: $807,348Expenses 2019: $717,277Net Income 2019: $90,0712019Revenue 2020: $782,378Expenses 2020: $746,262Net Income 2020: $36,1162020Revenue 2021: $2,860,903Expenses 2021: $721,943Net Income 2021: $2,138,9602021Revenue 2022: $872,934Expenses 2022: $674,069Net Income 2022: $198,8652022Revenue 2023: $2,431,823Expenses 2023: $791,459Net Income 2023: $1,640,3642023Revenue 2024: $1,104,639Expenses 2024: $939,762Net Income 2024: $164,8772024

Highlighted filing

2018

Revenue$1,034,054
Expenses$711,278
Net Income$322,776
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 3, 2019
Return Version
2018v3.1
Gross Receipts
$1,034,054
Mission and Program Overview

Mission

The organization was established for the purpose of maintaining, improving, and revitalizing the local economic and industrial base and to ensure the retention and creation of high quality employment opportunities for the residents of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$10,141,083$11,886,015▲ $1,744,932
Cash and Non-Interest-Bearing Accounts$796,435$593,710▼ $202,725
Pledges and Grants Receivable$30,000--
Accounts Receivable$20,229$18,999▼ $1,230
Land, Buildings, and Equipment, Net$14,785$13,898▼ $887
Prepaid Expenses and Deferred Charges$6,049$6,211▲ $162
Total Assets$11,008,581$12,518,833▲ $1,510,252
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,988,696$4,182,548▲ $1,193,852
Accounts Payable and Accrued Expenses$30,079$34,529▲ $4,450
Other Liabilities$27,000$15,000▼ $12,000
Deferred Revenue$1,696$2,870▲ $1,174
Total Liabilities$3,047,471$4,234,947▲ $1,187,476
Net Assets / Fund Balance
Unrestricted Net Assets$7,481,110$8,103,886▲ $622,776
Temporarily Rstr Net Assets$480,000$180,000▼ $300,000
Total Net Assets Fund Balance$7,961,110$8,283,886▲ $322,776
Total Liabilities and Net Assets / Fund Balance$11,008,581$12,518,833▲ $1,510,252

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,898$52,068$65,966
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dennis MccannExecutive DiFT$125,310$125,310

Board Members and Trustees

NameTitle
Timothy DarganPresident
Dana LynchDirector
Daniel HusseyDirector
Lisa StanleyDirector
Marcella PerryDirector
Mark WentworthDirector
Michael NyeDirector
Thomas DumaisSecretary/tr
Samuel ReidVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,033,740
Investment Income
$314
Other Revenue
$0
Change in Net Assets
$322,776

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,034,054
Total Revenue per Audited Statements
$1,034,054
Total Revenue per Form 990
$1,034,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$375,574
Other Expenses$335,704
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$174,063$43,516-$217,579
Interest$147,858--$147,858
Current Officers, Directors, Trustees, and Key Employees$100,248$25,062-$125,310
Payroll Taxes$20,890$5,222-$26,112
Occupancy$12,890$3,222-$16,112
Fees for Services Accounting$11,404$2,851-$14,255
Information Technology$5,417$1,354-$6,771
Other Employee Benefits$5,258$1,315-$6,573
Insurance$5,151$1,288-$6,439
Other Expenses$4,650$1,162-$5,812
Travel$5,321--$5,321
Fees for Services Other$4,896$161-$5,057
Fees for Services Legal$3,576--$3,576
Depreciation Depletion$3,488--$3,488
Office Expenses$3,261--$3,261
Total Functional Expenses$626,125$85,153$0$711,278

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$711,278
Total Expenses per Audited Statements$711,278
Total Expenses per Form 990$711,278
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Repayment$15,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The treasurer of the organziation reviews the form 990, with accompanying forms and schedules, on behalf of the governing body before it is signed and filed.”

Form 990, Page 6, Part VI, Line 12C

“All officers, board members, and key employees are regularly asked to disclose their business and investment holdings and transactions, including other family members, that could give rise to potential conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“The governing body of the organization has established a compensation committee to monitor and recommend salary guidelines for its key employees, including the executive director, utilizing comparative compensation data and other resources.”

Form 990, Page 6, Part VI, Line 15B

“The governing body of the organization has established a compensation committee to monitor and recommend salary guidelines for its key employees including the executive director, utilizing comparative compensation data and other resources.”

Form 990, Page 6, Part VI, Line 19

“The organization makes available its governing document, conflict of interest policy, and audited financial statemetns to the general public by providing copies upon request or by inspection at its main office.”

Filing and Contact Details

Filer

Filer Name
Strafford Economic Development
EIN
04-3367947
Phone
6037492211
Address
COCHECO FALLS MILLWORKS 100 MAIN ST, DOVER, NH 03820

Signing Officer

Name
Dennis Mccann
Title
Executive Director
Phone
6037492211
Signed
2019-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Mccann
Formed
1997
Legal Domicile
Nh
Voting Board Members
9
Independent Board Members
9
Employees
6

Preparer

Firm
Murphy Powers & Wilson Cpas Pc
Address
ONE MERRILL INDUSTRIAL DRIVE, HAMPTON, NH 03842-1942
Preparer
Michael J Murphy
Phone
6039268063
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization was established for the purpose of maintaining, improving, and revitalizing the local economic and industrial base and to ensure the retention and creation of high quality employment opportunities for the residents of the community.”

Raw XML AppendixShowing 400 of 435 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt030079
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt034529
IRS990/AccountsReceivableGrp/BOYAmt020229
IRS990/AccountsReceivableGrp/EOYAmt018999
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING, IMPROVING, AND REVITALIZING THE LOCAL ECONOMIC AND INDUSTRIAL BASE AND TO ENSURE THE RETENTION AND CREATION OF HIGH QUALITY EMPLOYMENT OPPORTUNITIES FOR THE RESIDENTS OF THE COMMUNITY.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DENNIS MCCANN EXECUTIVE DIRECTOR
IRS990/BooksInCareOfDetail/PhoneNum06037492211
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0COCHECO FALLS MILLWORKS 100 MAIN
IRS990/BooksInCareOfDetail/USAddress/CityNm0DOVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd003820
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0796435
IRS990/CashNonInterestBearingGrp/EOYAmt0593710
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt025062
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0100248
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0125310
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0314
IRS990/CYOtherExpensesAmt0335704
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01033740
IRS990/CYRevenuesLessExpensesAmt0322776
IRS990/CYSalariesCompEmpBnftPaidAmt0375574
IRS990/CYTotalExpensesAmt0711278
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01034054
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01696
IRS990/DeferredRevenueGrp/EOYAmt02870
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03488
IRS990/DepreciationDepletionGrp/TotalAmt03488
IRS990/Desc0THE ORGANIZATION ORIGINATED FOURTEEN ADDITIONAL ECONOMIC DEVELOPMENT LOANS FOR AREA BUSINESSES DURING THE FISCAL YEAR ENDED DECEMBER 31, 2018, ADDING 2,681,180 IN NEW LENDING TO ITS LOAN PORTFOLIO.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0626125
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02851
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011404
IRS990/FeesForServicesAccountingGrp/TotalAmt014255
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03576
IRS990/FeesForServicesLegalGrp/TotalAmt03576
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0161
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04896
IRS990/FeesForServicesOtherGrp/TotalAmt05057
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt950.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0TIMOTHY DARGAN
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS DUMAIS
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL HUSSEY
IRS990/Form990PartVIISectionAGrp/PersonNm3DANA LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL NYE
IRS990/Form990PartVIISectionAGrp/PersonNm5MARCELLA PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm6SAMUEL REID
IRS990/Form990PartVIISectionAGrp/PersonNm7LISA STANLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK WENTWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm9DENNIS MCCANN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9125310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01034054
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01354
IRS990/InformationTechnologyGrp/ProgramServicesAmt05417
IRS990/InformationTechnologyGrp/TotalAmt06771
IRS990/InsuranceGrp/ManagementAndGeneralAmt01288
IRS990/InsuranceGrp/ProgramServicesAmt05151
IRS990/InsuranceGrp/TotalAmt06439
IRS990/InterestGrp/ProgramServicesAmt0147858
IRS990/InterestGrp/TotalAmt0147858
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0314
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0314
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt052068
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014785
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013898
IRS990/LandBldgEquipCostOrOtherBssAmt065966
IRS990/LegalDomicileStateCd0NH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING, IMPROVING, AND REVITALIZING THE LOCAL ECONOMIC AND INDUSTRIAL BASE AND TO ENSURE THE RETENTION AND CREATION OF HIGH QUALITY EMPLOYMENT OPPORTUNITIES FOR THE RESIDENTS OF THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02988696
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04182548
IRS990/NetAssetsOrFundBalancesBOYAmt07961110
IRS990/NetAssetsOrFundBalancesEOYAmt08283886
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03222
IRS990/OccupancyGrp/ProgramServicesAmt012890
IRS990/OccupancyGrp/TotalAmt016112
IRS990/OfficeExpensesGrp/ProgramServicesAmt03261
IRS990/OfficeExpensesGrp/TotalAmt03261
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01315
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05258
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06573
IRS990/OtherExpensesGrp/Desc0PROVISION FOR NON-PERFORM
IRS990/OtherExpensesGrp/Desc1TRAINING
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01162
IRS990/OtherExpensesGrp/ProgramServicesAmt0100000
IRS990/OtherExpensesGrp/ProgramServicesAmt111912
IRS990/OtherExpensesGrp/ProgramServicesAmt25842
IRS990/OtherExpensesGrp/ProgramServicesAmt34650
IRS990/OtherExpensesGrp/TotalAmt0100000
IRS990/OtherExpensesGrp/TotalAmt111912
IRS990/OtherExpensesGrp/TotalAmt25842
IRS990/OtherExpensesGrp/TotalAmt35812
IRS990/OtherLiabilitiesGrp/BOYAmt027000
IRS990/OtherLiabilitiesGrp/EOYAmt015000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043516
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0174063
IRS990/OtherSalariesAndWagesGrp/TotalAmt0217579
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010141083
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt011886015
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05222
IRS990/PayrollTaxesGrp/ProgramServicesAmt020890
IRS990/PayrollTaxesGrp/TotalAmt026112
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt030000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06049
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06211
IRS990/PrincipalOfficerNm0DENNIS MCCANN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/BusinessCd2561499
IRS990/ProgramServiceRevenueGrp/BusinessCd3561499
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1GRANTS
IRS990/ProgramServiceRevenueGrp/Desc2FEES AND COMMISSIONS ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0691929
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1321088
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215723
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0691929
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1321088
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215723
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0248
IRS990/PYOtherExpensesAmt0377118
IRS990/PYProgramServiceRevenueAmt0807766
IRS990/PYRevenuesLessExpensesAmt0146356
IRS990/PYSalariesCompEmpBnftPaidAmt0284540
IRS990/PYTotalExpensesAmt0661658
IRS990/PYTotalRevenueAmt0808014
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0322776
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01033740
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0286,201
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0321088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0499000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt019000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt019000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0873088
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0691929
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0678395
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0714465
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0689214
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0694863
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03468866
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01842068
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt021037
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0114619
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt044426
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt043089
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt063030
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0286201
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.18860
IRS990ScheduleA/PublicSupportPY170Pct00.21830
IRS990ScheduleA/PublicSupportTotal170Amt0873088
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0321088
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0499000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt019000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt019000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0873088
IRS990ScheduleA/TotalSupportAmt04628155
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt013898
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052068
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065966
IRS990ScheduleD/ExpensesSubtotalAmt0711278
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GRANT REPAYMENT
IRS990ScheduleD/RevenueSubtotalAmt01034054
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013898
IRS990ScheduleD/TotalExpensesPerForm990Amt0711278
IRS990ScheduleD/TotalLiabilityAmt015000
IRS990ScheduleD/TotalRevenuePerForm990Amt01034054
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01034054
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0711278
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING, IMPROVING, AND REVITALIZING THE LOCAL ECONOMIC AND INDUSTRIAL BASE AND TO ENSURE THE RETENTION AND CREATION OF HIGH QUALITY EMPLOYMENT OPPORTUNITIES FOR THE RESIDENTS OF THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER OF THE ORGANZIATION REVIEWS THE FORM 990, WITH ACCOMPANYING FORMS AND SCHEDULES, ON BEHALF OF THE GOVERNING BODY BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS, BOARD MEMBERS, AND KEY EMPLOYEES ARE REGULARLY ASKED TO DISCLOSE THEIR BUSINESS AND INVESTMENT HOLDINGS AND TRANSACTIONS, INCLUDING OTHER FAMILY MEMBERS, THAT COULD GIVE RISE TO POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY OF THE ORGANIZATION HAS ESTABLISHED A COMPENSATION COMMITTEE TO MONITOR AND RECOMMEND SALARY GUIDELINES FOR ITS KEY EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR, UTILIZING COMPARATIVE COMPENSATION DATA AND OTHER RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BODY OF THE ORGANIZATION HAS ESTABLISHED A COMPENSATION COMMITTEE TO MONITOR AND RECOMMEND SALARY GUIDELINES FOR ITS KEY EMPLOYEES INCLUDING THE EXECUTIVE DIRECTOR, UTILIZING COMPARATIVE COMPENSATION DATA AND OTHER RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMETNS TO THE GENERAL PUBLIC BY PROVIDING COPIES UPON REQUEST OR BY INSPECTION AT ITS MAIN OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0480000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0180000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011008581
IRS990/TotalAssetsEOYAmt012518833
IRS990/TotalAssetsGrp/BOYAmt011008581
IRS990/TotalAssetsGrp/EOYAmt012518833
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085153
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0626125
IRS990/TotalFunctionalExpensesGrp/TotalAmt0711278
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03047471
IRS990/TotalLiabilitiesEOYAmt04234947
IRS990/TotalLiabilitiesGrp/BOYAmt03047471
IRS990/TotalLiabilitiesGrp/EOYAmt04234947
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07961110
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08283886
IRS990/TotalProgramServiceExpensesAmt0626125
IRS990/TotalProgramServiceRevenueAmt01033740
IRS990/TotalReportableCompFromOrgAmt0125310
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01034054
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01034054
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011008581
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012518833
IRS990/TravelGrp/ProgramServicesAmt05321
IRS990/TravelGrp/TotalAmt05321
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07481110
IRS990/UnrestrictedNetAssetsGrp/EOYAmt08103886
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt026 KENDAL LANE
IRS990/USAddress/CityNm0STRAFFORD
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003884
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.SEDCNH.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,518,833
Liabilities
$4,234,947
Net assets
$8,283,886
Revenue
$1,034,054
Expenses
$711,278
Net income
$322,776
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.2$5.61$12.6$1.10$0.94$0.16
2023Detailed filing. Detailed filing data is available for this year.$17.6$5.17$12.4$2.43$0.79$1.64
2022Detailed filing. Detailed filing data is available for this year.$16.0$5.23$10.7$0.87$0.67$0.20
2021Detailed filing. Detailed filing data is available for this year.$14.0$3.42$10.5$2.86$0.72$2.14
2020Detailed filing. Detailed filing data is available for this year.$12.2$3.81$8.41$0.78$0.75$0.04
2019Detailed filing. Detailed filing data is available for this year.$12.8$4.40$8.37$0.81$0.72$0.09
2018Detailed filing. Detailed filing data is available for this year.$12.5$4.23$8.28$1.03$0.71$0.32
2017Detailed filing. Detailed filing data is available for this year.$11.0$3.05$7.96$0.81$0.66$0.15
2016Detailed filing. Detailed filing data is available for this year.$11.5$3.73$7.81$1.26$1.11$0.15
2015Detailed filing. Detailed filing data is available for this year.$11.3$3.61$7.66$0.75$0.64$0.11
2014Detailed filing. Detailed filing data is available for this year.$10.4$2.85$7.55$0.78$0.67$0.10
2013Detailed filing. Detailed filing data is available for this year.$9.41$1.96$7.45$1.13$0.50$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.86$2.04$6.82$0.50
2011Summary only. Only limited summary data is available for this year.$7.76$1.68$6.09$0.62$0.61$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.26$2.18$6.08$0.84