Form 990 for tax year 2022
Filed by MID-STATE COMMUNITY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $1,025,010
- Total expenses
- $426,891
- Contributions and grants received
- $435,663
- Grants paid
- $0
- Program service revenue
- $587,643
- Investment income
- $1,704
- Other revenue
- $0
- Total assets, end of year
- $9,763,641
- Total liabilities, end of year
- $6,569,194
- Net assets or fund balances, end of year
- $3,194,447
- Program services expenses (Part IX)
- $408,661
- Management and general expenses
- $18,230
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $408,661
Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$435,663
-
2a · Program service revenue: MID-STATE HEALTH CENTE
total $587,643 · related or exempt $587,643
-
3 · Investment income
total $1,704 · excluded $1,704
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $195 · management and general $195
-
13 · Office expenses
total $25,056 · program services $23,997 · management and general $1,059
-
20 · Interest
total $172,367 · program services $165,082 · management and general $7,285
-
22 · Depreciation, depletion and amortization
total $229,273 · program services $219,582 · management and general $9,691
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $144,541 · end of year $110,727
-
2 · Savings and temporary cash investments
beginning of year $352,728 · end of year $711,647
-
3 · Pledges and grants receivable
end of year $350,000
-
10a · Land, buildings and equipment: cost or other basis
$10,456,503
-
10b · Land, buildings and equipment: accumulated depreciation
$1,865,236
-
10c · Land, buildings and equipment, net
beginning of year $7,737,531 · end of year $8,591,267
-
17 · Accounts payable and accrued expenses
beginning of year $130,315 · end of year $29,911
-
23 · Secured mortgages and notes payable
beginning of year $4,084,322 · end of year $5,514,379
-
25 · Other liabilities
beginning of year $1,423,835 · end of year $1,024,904
-
27 · Net assets without donor restrictions
beginning of year $1,736,991 · end of year $3,194,447
-
28 · Net assets with donor restrictions
beginning of year $859,337 · end of year $0
Mission and programs · 2022
Mission
MID-STATE COMMUNITY DEVELOPMENT CORPORATION WAS FOUNDED TO OWN LAND AND BUILD A FACILITY FOR THE USE OF MID-STATE HEALTH CENTER, RECOGNIZED BY THE IRS AS 501C(3) CORPORATION DELIVERING PRIMARY HEALTH CARE SERVICES TO THE RESIDENTS OF 16 TOWNS IN CENTRAL NEW HAMPSHIRE REGARDLESS OF ABILITY OF THE RESIDENTS TO PAY.
Activities or mission (Part I)
MID-STATE COMMUNITY DEVELOPMENT CORPORATION WAS FOUNDED TO OWN LAND AND BUILD A FACILITY FOR THE USE OF MID-STATE HEALTH CENTER.
-
MID-STATE COMMUNITY DEVELOPMENT CORPORATION LEASES A FACILITY TO MID-STATE HEALTH CENTER.
Expenses $408,661 · Revenue $587,643
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Peter LaufenbergPETER LAUFENBERG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.2 + 2 related
-
Todd BickfordTODD BICKFORD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.2 + 2 related
-
Carina ParkCARINA PARK
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.2 + 2 related
-
Mike LongMIKE LONG
TREASURER
- Total calculated
- $0
- Hours/week
- 0.2 + 2 related
-
Nicholas CoatesNICHOLAS COATES
DIRECTOR THROUGH NOVEMBER 2022
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Isaac DavisISAAC DAVIS
DIRECTOR THROUGH JANUARY 24, 2023
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Benoit LamontagneBENOIT LAMONTAGNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Joseph MontiJOSEPH MONTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Chelsea SalomonCHELSEA SALOMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
John ScheinmanJOHN SCHEINMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Jarrett SternJARRETT STERN
DIRECTOR THROUGH NOVEMBER 2022
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Elizabeth BrochuELIZABETH BROCHU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Patti BiedermanPATTI BIEDERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Bradley McCoilBRADLEY MCCOIL
DIRECTOR AS OF FEBRUARY 28, 2023
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Brian LashBRIAN LASH
DIRECTOR AS OF FEBRUARY 28, 2023
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Steven ShafferSTEVEN SHAFFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Robert MacLeodROBERT MACLEOD
CHIEF EXECUTIVE OFFICER
- Total calculated
- $284,043
- From this org
- $0
- From related orgs
- $274,736
- Other
- $9,307
- Hours/week
- 0.2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $244,507 related
- Bonus
- $0 + $30,229 related
- Other
- $0
- Deferred
- $0 + $6,000 related
- Nontaxable benefits
- $0 + $3,307 related
- Filer's total
- $0 + $284,043 related
-
William SweeneyWILLIAM SWEENEY
CHIEF FINANCIAL OFFICER
- Total calculated
- $177,213
- From this org
- $0
- From related orgs
- $160,108
- Other
- $17,105
- Hours/week
- 0.4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $160,108 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $4,874 related
- Nontaxable benefits
- $0 + $12,231 related
- Filer's total
- $0 + $177,213 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · PRIMARY HEALTH CARE · NH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349312094
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