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GRANITE STATE ECONOMIC DEVELOPMENT CORP

EIN 02-0385121 PORTSMOUTH, NH

Revenue 2024
$11,225,736
Expenses 2024
$9,191,842

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

As filed

Subsection
04
Classification
1000
Street
ONE CATE ST 3RD FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • 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

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $11,225,736
    Expenses
    $9,191,842
    Contributions
    $0
    Grants paid
    $300,500
  • 2023
    Revenue
    $10,340,764
    Expenses
    $8,048,792
    Contributions
    $0
    Grants paid
    $396,061
  • 2022
    Revenue
    $9,828,396
    Expenses
    $8,049,295
    Contributions
    $0
    Grants paid
    $343,238

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $9,324,758
    Expenses
    $8,300,783
    Assets (EOY)
    $20,832,618

  • 2020 · 990

    Revenue
    $8,490,833
    Expenses
    $8,057,754
    Assets (EOY)
    $20,882,943

  • 2019 · 990

    Revenue
    $8,178,955
    Expenses
    $7,924,864
    Assets (EOY)
    $20,404,241

  • 2018 · 990

    Revenue
    $7,871,634
    Expenses
    $7,542,959
    Assets (EOY)
    $19,198,592

  • 2017 · 990

    Revenue
    $7,380,401
    Expenses
    $6,783,174
    Assets (EOY)
    $17,982,311

  • 2016 · 990

    Revenue
    $7,301,236
    Expenses
    $6,905,245
    Assets (EOY)
    $17,375,634

  • 2015 · 990

    Revenue
    $6,508,548
    Expenses
    $6,030,839
    Assets (EOY)
    $16,711,952

  • 2014 · 990

    Revenue
    $6,056,374
    Expenses
    $5,428,394
    Assets (EOY)
    $16,064,990

  • 2013 · 990

    Revenue
    $5,654,277
    Expenses
    $5,022,288
    Assets (EOY)
    $15,303,040

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

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

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.