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Nonprofiteer
← GRANITE STATE ECONOMIC DEVELOPMENT CORP

Form 990 for tax year 2024

Filed by GRANITE STATE ECONOMIC DEVELOPMENT CORP.

Totals

Total revenue
$11,225,736
Total expenses
$9,191,842
Contributions and grants received
$0
Grants paid
$300,500
Program service revenue
$9,534,275
Investment income
$1,691,461
Other revenue
$0
Total assets, end of year
$27,804,367
Total liabilities, end of year
$4,628,376
Net assets or fund balances, end of year
$23,175,991
Program services expenses (Part IX)
$8,125,052
Management and general expenses
$1,066,790
Fundraising expenses
$0
Program service expenses (Part III)
$8,125,052

Program services were 88.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEVE ALDRICH

    PRESIDENT

    Total calculated
    $576,514
    From this org
    $481,300
    From related orgs
    $0
    Other
    $95,214
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $456,300
    Bonus
    $25,000
    Other
    not reported
    Deferred
    $61,000
    Nontaxable benefits
    $34,214
    Filer's total
    $576,514

  • FRED PALAZZOLO

    SENIOR VICE PRESIDENT

    Total calculated
    $525,072
    From this org
    $436,475
    From related orgs
    $0
    Other
    $88,597
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $416,475
    Bonus
    $20,000
    Other
    not reported
    Deferred
    $61,000
    Nontaxable benefits
    $27,597
    Filer's total
    $525,072

  • SEAN FITZGERALD

    VICE PRESIDENT

    Total calculated
    $408,052
    From this org
    $310,400
    From related orgs
    $0
    Other
    $97,652
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,400
    Bonus
    $103,000
    Other
    not reported
    Deferred
    $61,000
    Nontaxable benefits
    $36,652
    Filer's total
    $408,052

  • PAUL COLLINS

    VICE PRESIDENT

    Total calculated
    $378,864
    From this org
    $290,000
    From related orgs
    $0
    Other
    $88,864
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,000
    Bonus
    $90,000
    Other
    not reported
    Deferred
    $61,000
    Nontaxable benefits
    $27,864
    Filer's total
    $378,864

  • PAM BAILEY

    VICE PRESIDENT

    Total calculated
    $310,982
    From this org
    $250,200
    From related orgs
    $0
    Other
    $60,782
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,200
    Bonus
    not reported
    Other
    not reported
    Deferred
    $44,030
    Nontaxable benefits
    $16,752
    Filer's total
    $310,982

  • ROBIN LAPOINTE

    VICE PRESIDENT

    Total calculated
    $292,222
    From this org
    $237,500
    From related orgs
    $0
    Other
    $54,722
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,500
    Bonus
    not reported
    Other
    not reported
    Deferred
    $39,703
    Nontaxable benefits
    $15,019
    Filer's total
    $292,222

  • MATTHEW COLLINS

    VICE PRESIDENT

    Total calculated
    $280,055
    From this org
    $229,275
    From related orgs
    $0
    Other
    $50,780
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,400
    Bonus
    $43,875
    Other
    not reported
    Deferred
    $50,780
    Nontaxable benefits
    not reported
    Filer's total
    $280,055

  • BARBARA ARENA

    VICE PRESIDENT

    Total calculated
    $270,239
    From this org
    $208,850
    From related orgs
    $0
    Other
    $61,389
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,850
    Bonus
    $36,000
    Other
    not reported
    Deferred
    $43,450
    Nontaxable benefits
    $17,939
    Filer's total
    $270,239

  • CARISSA MURRAY

    VICE PRESIDENT

    Total calculated
    $258,253
    From this org
    $200,500
    From related orgs
    $0
    Other
    $57,753
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,500
    Bonus
    not reported
    Other
    not reported
    Deferred
    $34,067
    Nontaxable benefits
    $23,686
    Filer's total
    $258,253

  • TRACY GAYLORD

    VICE PRESIDENT

    Total calculated
    $256,450
    From this org
    $215,550
    From related orgs
    $0
    Other
    $40,900
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,550
    Bonus
    $42,000
    Other
    not reported
    Deferred
    $40,900
    Nontaxable benefits
    not reported
    Filer's total
    $256,450

  • ETHAN SWAIN

    VICE PRESIDENT

    Total calculated
    $256,197
    From this org
    $197,282
    From related orgs
    $0
    Other
    $58,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,100
    Bonus
    $24,182
    Other
    not reported
    Deferred
    $41,600
    Nontaxable benefits
    $17,315
    Filer's total
    $256,197

  • LISA MOUSSEAU

    KEY EMPLOYEE

    Total calculated
    $252,755
    From this org
    $196,800
    From related orgs
    $0
    Other
    $55,955
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,800
    Bonus
    not reported
    Other
    not reported
    Deferred
    $31,300
    Nontaxable benefits
    $24,655
    Filer's total
    $252,755

  • ASHLEY MCCARTHY

    EMPLOYEE

    Total calculated
    $219,629
    From this org
    $163,500
    From related orgs
    $0
    Other
    $56,129
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,500
    Bonus
    not reported
    Other
    not reported
    Deferred
    $28,751
    Nontaxable benefits
    $27,378
    Filer's total
    $219,629

  • PIERRE DURAND

    EMPLOYEE

    Total calculated
    $185,390
    From this org
    $136,350
    From related orgs
    $0
    Other
    $49,040
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,350
    Bonus
    not reported
    Other
    not reported
    Deferred
    $24,600
    Nontaxable benefits
    $24,440
    Filer's total
    $185,390

  • JACLYN ST ONGE

    EMPLOYEE

    Total calculated
    $172,084
    From this org
    $127,400
    From related orgs
    $0
    Other
    $44,684
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,400
    Bonus
    not reported
    Other
    not reported
    Deferred
    $20,883
    Nontaxable benefits
    $23,801
    Filer's total
    $172,084

  • CATHY PICARDO

    EMPLOYEE

    Total calculated
    $167,083
    From this org
    $127,000
    From related orgs
    $0
    Other
    $40,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $24,350
    Nontaxable benefits
    $15,733
    Filer's total
    $167,083

  • ALAN ABRAHAM

    FORMER EMPLOYEE

    Total calculated
    $165,000
    From this org
    $165,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $165,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $165,000

  • SCOTT GARDINER

    FORMER EMPLOYEE

    Total calculated
    $165,000
    From this org
    $165,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $165,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $165,000

  • BRANDT ABRAHAM

    EMPLOYEE

    Total calculated
    $154,575
    From this org
    $124,194
    From related orgs
    $0
    Other
    $30,381
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $90,800
    Bonus
    $33,394
    Other
    not reported
    Deferred
    $24,025
    Nontaxable benefits
    $6,356
    Filer's total
    $154,575

  • BIRGIT CHRISTIANSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • NANCY CARMER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • DAVID GOMPERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • PAUL BERGERON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • JEFF ANGERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • WILLIAM POWERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • MARY DRISCOLL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • CAROLYN CLOUTIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

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

  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
1 December 2025
IRS schema version
2024v5.2
Source object
202630339349301553

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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