NonprofitsWentworth Economic Development Corporation Inc

Community Improvement & Capacity Building

Wentworth Economic Development Corporation Inc

WOLFEBORO, NH

Total revenue

$270K

Total expenses

$195K

Net assets

$1.1M

Grants received

$573K

16 grants

EIN

020474842

Tax year

2024

Mission

Founded for the sole purpose of promoting economic growth in the eastern lakes region

Programs

1 program

We also work with community partners to help low to moderate income individuals acieve their goals through technical assistance programs designed to build more business educated entrepreneurs. Our promotion of the small business economy of the eastern lakes region helps bring economic stability where it is needed most. When one business does well, a neighboring business may do well. When one business struggles, a neighboring business may struggle. Working in conjunction with regional economic development committees and municipalities will help build a more business friendly enviroment which in turn will lead to a healthy small business economy

0

Financials

FY 2024

Revenue

Contributions & grants$137K
Program service revenue$129K
Investment income$28
Other revenue$3K
Total revenue$270K

Expenses

Grants paid
Salaries & benefits$99K
Fundraising
Other expenses$96K
Total expenses$195K
Total assets$2.2M
Net assets$1.1M

People

9 listed

NameRoleCompensation

John Terrill Jr

executive director

Board

$24K

40 hrs/wk

Daniel Osetek

president

Board

2 hrs/wk

Bruce Woodruff

vice president

Board

2 hrs/wk

John Libby

treasurer

Board

2 hrs/wk

Debra Golder

secretary

Board

2 hrs/wk

Kathy Fairman

director

Board

2 hrs/wk

Laura Colbath

director

Board

2 hrs/wk

Jami Bourdeau

director

Board

2 hrs/wk

Monika O'Clair

director

Board

2 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$66K
MICROENTERPRISE TECHNICAL ASSISTANCE
2023
$47K
For grant recipient's exempt purposes
2023
$18K
For a playground, upgrade loan app process to electronic
2023
$62K
MICROENTERPRISE TECHNICAL ASSISTANCE
2022
$38K
For grant recipient's exempt purposes
2021
$38K
For grant recipient's exempt purposes
2021
$79K
MICROENTERPRISE TECHNICAL ASSISTANCE
2020
$38K
For grant recipient's exempt purposes
2020
$37K
For grant recipient's exempt purposes
2019
$37K
For grant recipient's exempt purposes
2018
$15K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$573K from 4 funders · 16 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$250K · 7 grants · 2017–2023

Belknap County Economic Development

$207K · 3 grants · 2020–2023

New Hampshire Alliance Of Regional

$99K · 5 grants · 2018–2024

Details

EIN020474842
NTEE codeS30Z
Subsection03
Ruling date1996-03
Formed1993
Employees2
Volunteers5
WENTWORTH ECONOMIC DEVELOPMENT CORPORATION INC — Mission, Financials & Grants Received | Grantivo