Civic Intelligence

Gale School Support Corp

EIN 39-4456140 • Laconia, NH

Pub. 78 EligibleNTEE A12

Profile

A nonprofit corporation created to hold, improve, and to lease real property for use by laconia area community land trust, inc. ("laclt"), a nh nonprofit corporation and public charity described in section 501(c)(3) of the internal revenue code.

193 Court StreetLaconia, NH 03246

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$6,533,241

No earlier filing loaded for comparison.

Liabilities

$5,748,778

No earlier filing loaded for comparison.

Net Assets

$784,463

No earlier filing loaded for comparison.

Operations

Revenue

$785,519

No earlier filing loaded for comparison.

Expenses

$1,056

No earlier filing loaded for comparison.

Net Income

$784,463

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2025: $6,533,241Liabilities 2025: $5,748,778Net Assets 2025: $784,4632025

Highlighted filing

2025

Assets$6,533,241
Liabilities$5,748,778
Net Assets$784,463

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2025: $785,519Expenses 2025: $1,056Net Income 2025: $784,4632025

Highlighted filing

2025

Revenue$785,519
Expenses$1,056
Net Income$784,463

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.53$5.75$0.78$0.79$0.00$0.78
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 17, 2025 to Dec 31, 2025
Signed
Apr 22, 2026
Return Version
2025v4.1
Gross Receipts
$785,519
Mission and Program Overview

Mission

A nonprofit corporation created to hold, improve, and to lease real property for use by laconia area community land trust, inc. ("laclt"), a nh nonprofit corporation and public charity described in section 501(c)(3) of the internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$566,801▲ $566,801
Intangible Assets-$195,377-
Total Assets$0$6,533,241▲ $6,533,241
Other Assets Total$0$5,771,063▲ $5,771,063
Liabilities
Mortgage Notes Payable Secured by Investment Property-$5,141,000-
Accounts Payable and Accrued Expenses-$480,287-
Other Liabilities$0$127,491▲ $127,491
Total Liabilities$0$5,748,778▲ $5,748,778
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$784,463-
Net Assets With Donor Restrictions-$0-
Total Net Assets Fund Balance$0$784,463▲ $784,463
Total Liabilities and Net Assets / Fund Balance$0$6,533,241▲ $6,533,241

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$501,561--
Land$65,240--
Other Assets Org$2,042,623--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carrie DuranDirector
Jason HicksDirector
Kris EimickeDirector
Reuben BassettDirector
Tiffany BaertDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$785,519
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$784,463

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$566,801Tax Assessment
Real Estate Other1$218,718Cost
Total Noncash Contributions2$785,519-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,056
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$957--$957
Occupancy$99--$99
Total Functional Expenses$1,056$0$0$1,056
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
Developer Fee Payable to Related Party$100,539
Due to Related Party$26,952
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent auditor with input from gale school support corp. Upon completion, the form is reviewed by the laclt controller, and the directors of the gale school support corp board.

Form 990, Part VI, Section B, Line 12C

The policy is reviewed and discussed annually with the board of directors, and all board members are required to submit a written disclosure form annually listing all businesses or other organizations of which he/she or a member of his/her immediately family is an officer, director, trustee, member, owner, shareholder, employee, or agent.

Form 990, Part VI, Section C, Line 19

All such documents are maintained in the laclt file room with digital copies in dropbox. These documents are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Gale School Support Corp
EIN
39-4456140
Phone
6035240747
Address
193 COURT STREET, LACONIA, NH 03246

Signing Officer

Name
Reuben Bassett
Title
Director
Phone
9375329636
Signed
2026-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reuben Bassett
Formed
2025
Legal Domicile
Nh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Nesseralla & Company LLC
Address
11 SOUTH MAIN STREET SUITE 200, CONCORD, NH 03301
Preparer
Nesseralla Company LLC
Phone
6033693812
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Provisions of asc 740 have been adopted related to the subsequent recognition and measurement of tax positions. This guidance requires recognition of the financial statement impact of a tax position when it is more-likely-than-not that the position will be sustained upon examination. No uncertain tax positions were identified that qualify for either recognition or disclosure in the consolidated financial statements.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN INDEPENDENT AUDITOR WITH INPUT FROM GALE SCHOOL SUPPORT CORP. UPON COMPLETION, THE FORM IS REVIEWED BY THE LACLT CONTROLLER, AND THE DIRECTORS OF THE GALE SCHOOL SUPPORT CORP BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS REVIEWED AND DISCUSSED ANNUALLY WITH THE BOARD OF DIRECTORS, AND ALL BOARD MEMBERS ARE REQUIRED TO SUBMIT A WRITTEN DISCLOSURE FORM ANNUALLY LISTING ALL BUSINESSES OR OTHER ORGANIZATIONS OF WHICH HE/SHE OR A MEMBER OF HIS/HER IMMEDIATELY FAMILY IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OWNER, SHAREHOLDER, EMPLOYEE, OR AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL SUCH DOCUMENTS ARE MAINTAINED IN THE LACLT FILE ROOM WITH DIGITAL COPIES IN DROPBOX. THESE DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN8333395143
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN9990479859
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt3C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt4C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt5C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt6C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt7C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt8C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt9C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd3NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd4NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd5NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd6NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd7NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd8NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd9NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt4RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt5RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt6RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt7RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt8RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt9RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0LACLT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1EASTLACLT LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2WINNI RIVER HOUSING CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3GVK3 HOUSING CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4HHA HOUSING CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5HARVEY HEIGHTS MEREDITH CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt6HGS CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt7BAY STREET APARTMENTS CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt8JAMESON STREET APARTMENTS CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt9HARRIMAN HILL APARTMENTS CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt2193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt3193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt4193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt5193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt6193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt7193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt8193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt9193 COURT STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm3LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm4LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm5LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm6LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm7LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm8LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm9LACONIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd2NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd3NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd4NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd5NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd6NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd7NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd8NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd9NH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd003246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd103246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd203246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd303246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd403246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd503246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd603246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd703246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd803246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd903246
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd9N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd10N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd11N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd12N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd30
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd40
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd50
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd60
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd70
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd80
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd90
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd100
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd110
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd120
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0204271881
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1364544715
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2261116794
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN3271453830

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