NonprofitsGranite State Economic Development Corp

Granite State Economic Development Corp

PORTSMOUTH, NH

Total revenue

$10.3M

Total expenses

$8.0M

Net assets

$20.8M

Grants received

EIN

020385121

Tax year

2023

Mission

To create economic development by assisting businesses to acquire sba 504 financing to expand their businesses by acquiring, renovating or constructing real estate and/or acquiring machinery & equipment. The expanded businesses lead to the creation and/or retention of jobs.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$8.5M
Investment income$1.8M
Other revenue
Total revenue$10.3M

Expenses

Grants paid$396K
Salaries & benefits$6.2M
Fundraising
Other expenses$1.5M
Total expenses$8.0M
Total assets$25.3M
Net assets$20.8M

People

27 listed

NameRoleCompensation

STEVE ALDRICH

PRESIDENT

Board

$422K

40 hrs/wk

FRED PALAZZOLO

SENIOR VICE PRESIDENT

Board

$387K

40 hrs/wk

SEAN FITZGERALD

VICE PRESIDENT

Board

$300K

40 hrs/wk

PAUL COLLINS

VICE PRESIDENT

Board

$280K

40 hrs/wk

MATTHEW COLLINS

VICE PRESIDENT

Board

$235K

40 hrs/wk

PAM BAILEY

VICE PRESIDENT

Board

$225K

40 hrs/wk

ROBIN LAPOINTE

VICE PRESIDENT

Board

$209K

40 hrs/wk

BARBARA ARENA

VICE PRESIDENT

Board

$208K

40 hrs/wk

ETHAN SWAIN

VICE PRESIDENT

Board

$190K

40 hrs/wk

TRACY GAYLORD

VICE PRESIDENT

Board

$190K

40 hrs/wk

CARISSA MURRAY

VICE PRESIDENT

Board

$175K

40 hrs/wk

DAVID GOMPERS

DIRECTOR

Board

1.5 hrs/wk

PAUL BERGERON

DIRECTOR

Board

1.5 hrs/wk

BIRGIT CHRISTIANSEN

DIRECTOR

Board

1.5 hrs/wk

NANCY CARMER

DIRECTOR

Board

1.5 hrs/wk

MARY DRISCOLL

DIRECTOR

Board

1.5 hrs/wk

CAROLYN CLOUTIER

DIRECTOR

Board

1.5 hrs/wk

JEFF ANGERS

DIRECTOR

Board

1.5 hrs/wk

WILLIAM POWERS

DIRECTOR

Board

1.5 hrs/wk

SCOTT GARDINER

FORMER EMPLOYEE

Staff

$359K

0

ALAN ABRAHAM

FORMER EMPLOYEE

Staff

$165K

0

LISA MOUSSEAU

KEY EMPLOYEE

Staff

$159K

40 hrs/wk

ASHLEY MCCARTHY

EMPLOYEE

Staff

$148K

40 hrs/wk

PIERRE DURAND

EMPLOYEE

Staff

$127K

40 hrs/wk

CATHY PICARDO

EMPLOYEE

Staff

$123K

40 hrs/wk

JACLYN ST ONGE

EMPLOYEE

Staff

$108K

40 hrs/wk

BRANDT ABRAHAM

EMPLOYEE

Staff

$101K

40 hrs/wk

Independent contractors

SCHWARTZ AND ASSOCIATES

CLOSING ATTORNEYS

$310K

Details

EIN020385121
Subsection04
Ruling date1989-07
Formed1982
Employees29
GRANITE STATE ECONOMIC DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo