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Nonprofit · EIN 02-0483387

SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · SOMERSWORTH, NH 03878

Financials

$37K$10K2023$34K$10K2024$39K$13K2025
Revenue Expenses · by fiscal year end
Financials of SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990 (amended)$38,645$12,906$25,739$955,427$2,004$953,423
December 31, 2024990$33,722$9,761$23,961$929,378$1,694$927,684
December 31, 2023990$37,288$10,162$27,126$905,067$1,344$903,723
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$29,321
Investment income
$9,324
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,425
Program services (functional)
$12,906

Balance sheet and other

Total assets, start of year
$929,378
Total assets, end of year
$955,427
Total liabilities, end of year
$2,004
Net assets, end of year
$953,423
Net assets without donor restrictions
$953,423
Gross receipts
$38,645
Employees
0
Year formed
1996
State of legal domicile
NH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
HAROLD GUPTILLCHAIRPERSON
Officer
–$0
JOHN WATERMANTREASURER
Officer
–$0
MIKE HILLMEMBER
Trustee or director
–$0
ROLAND LAPOINTEMEMBER
Trustee or director
–$0
MICHELLE MASSEEXECUTIVE DI
Trustee or director
–$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensationOther / benefits
ROLAND LAPOINTEMEMBER
Trustee or director
1$0$10
HAROLD GUPTILLCHAIRPERSON
Officer
1$0$0
JOHN WATERMANTREASURER
Officer
1$0$0
MIKE HILLMEMBER
Trustee or director
1$0$0
MICHELLE MASSEEXECUTIVE DI
Trustee or director
5$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MIKE HILLMEMBER
Trustee or director
–$0
JOHN WATERMANTREASURER
Trustee or director
–$0
MARTIN DUMONTCHAIRPERSON
Officer
–$0
DEBBIE EVANSSECRETARY
Officer
–$0
HAROLD GUPTILLVICE CHAIRPE
Officer
–$0
ROLAND LAPOINTEMEMBER
Officer
–$0

Address and contacts

Address (IRS master file)
25 BARTLETT AVE STE A, SOMERSWORTH, NH 03878-1816
In care of
% SOMERSWORTH HOUSING J COUTURE
Principal officer (990 for 2025)
JOHN WATERMAN, 350 ROUTE 108 12, SOMERSWORTH, NH 03878
Signed the 990
JOHN WATERMAN, TREASURER
Phone
(603) 692-2864
Return prepared by
DUMAIS FERLAND & FULLER CPAS LLC

Mission

TO PROMOTE GROWTH AND PROSPERITY IN THE CITY OF SOMERSWORTH, NH

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROMOTE GROWTH AND PROSPERITY IN THE CITY OF SOMERWORTH, NH, INCLUDING PROVISION FOR LOW INCOME HOUSING AND ASSISTANCE TO LOCAL BUSINESSES.
    Expenses $12,906
  • TO PROMOTE GROWTH AND PROSPERITY IN THE CITY OF SOMERWORTH, NH, INCLUDING

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
02-0483387
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$955,427
Income (IRS master file)
$38,645

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$38,645$12,906$955,427XML
990December 2024$33,722$9,761$929,378XML
990December 2023$37,288$10,162$905,067XML
990December 2022$31,025$10,527$878,242IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0483387).

Questions about SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION is 02-0483387.
Is SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names JOHN WATERMAN.
Who are the officers and directors of SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SOMERSWORTH COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $38,645, expenses of $12,906 and total assets of $955,427 at year end.

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