Nonprofit · EIN 02-0483868
FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · FRANKLIN, NH 03235
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $71,177 | $65,404 | $5,773 | $203,647 | $42,342 | $161,305 |
| June 30, 2024 | 990-EZ | $56,990 | $60,923 | -$3,933 | $314,606 | $139,888 | $174,718 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $69,188
- Program service revenue
- $0
- Investment income
- $126
- Other revenue
- $1,863
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $3,893
- Professional fees and payments to contractors
- $13,573
- Occupancy
- $2,163
- Other expenses
- $45,775
- Program services (functional)
- $13,600
Balance sheet and other
- Total assets, start of year
- $314,606
- Total assets, end of year
- $203,647
- Total liabilities, end of year
- $42,342
- Net assets, end of year
- $161,305
- Cash, savings and investments
- $83,270
- Gross receipts
- $71,177
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leo Paquin | Chairman | 4 | $0 |
| George Dzujna | Vice Chairman | 2 | $0 |
| Mike Mullavey | Treasurer | 2 | $0 |
| Sarah Stanley | Secretary | 2 | $0 |
| Valerie Blake | Director | 2 | $0 |
| Ken Sawyer | Director | 2 | $0 |
| Jasmyn Griffith | Director | 2 | $0 |
| Tim Johnston | Director | 2 | $0 |
990-EZ for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leo Paquin | Chairman | 4 | $0 |
| Michael Mullavey | Vice Chairman | 2 | $0 |
| Sarah Stanley | Treasurer | 2 | $0 |
| Shannon Casey | Secretary | 2 | $0 |
| Jon Jones | Director | 2 | $0 |
| Jasmyn Griffith | Director | 2 | $0 |
| George Dzujna | Director | 2 | $0 |
| Judie Milner | Ex Officio | 2 | $0 |
| Ted Starkweather | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 174, FRANKLIN, NH 03235-0174
- Signed the 990-EZ
- Leo Paquin, Chairman
- Phone
- (210) 872-1925
Mission
Promote expansion of economic base of Greater Franklin area.
Program accomplishments
- Mill City Park & PermacityLife white water park.Expenses $13,600
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 02-0483868
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $203,647
- Income (IRS master file)
- $71,177
Revocation and reinstatement
- Exemption revoked
- November 15, 2019
- Posted by the IRS
- September 14, 2020
- Reinstated
- Effective November 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $71,177 | $65,404 | $203,647 | XML |
| 990-EZ | June 2024 | $56,990 | $60,923 | $314,606 | XML |
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 02-0483868).
Questions about FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION
- What is the EIN of FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION is 02-0483868.
- Is FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2019 and reinstated it effective November 15, 2019.
- Are donations to FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does FRANKLIN BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $71,177, expenses of $65,404 and total assets of $203,647 at year end.
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All nonprofits in FRANKLIN · New Hampshire · Community improvement and capacity building