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Nonprofit · EIN 02-0517433

FARMSTEADS OF NEW ENGLAND INC

Tax-exempt · HILLSBOROUGH, NH 03244

Financials

$4.4M$4.3M2022$6.3M$5.4M2023$7.8M$9.5M2024
Revenue Expenses · by fiscal year end
Financials of FARMSTEADS OF NEW ENGLAND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,834,145$9,531,738-$1,697,593$3,718,210$3,247,171$471,039
June 30, 2024990$6,321,552$5,361,789$959,763$5,159,686$3,000,362$2,159,324
June 30, 2023990$4,444,737$4,301,488$143,249$2,862,743$1,669,670$1,193,073
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$603,866
of which government grants
$300,000
Program service revenue
$7,212,669
Investment income
$4,359
Net gain from sales of assets
$85
Net income from fundraising events
$13,251
Other revenue
$13,251

Expenses

Grants and similar amounts paid
$2,757,298
Other salaries and wages
$4,110,146
Salaries, compensation and benefits (total)
$4,863,230
Professional fundraising fees
$0
Accounting fees
$32,075
Occupancy
$165,042
Travel
$134,777
Depreciation
$151,136
Program services (functional)
$8,731,685
Management and general (functional)
$800,053

Balance sheet and other

Total assets, start of year
$5,159,686
Total assets, end of year
$3,718,210
Total liabilities, end of year
$3,247,171
Net assets, end of year
$471,039
Land, buildings and equipment
$2,383,179
Publicly traded securities
$127,562
Net assets without donor restrictions
$343,477
Net assets with donor restrictions
$127,562
Gross receipts
$7,866,003
Employees
159
Volunteers
10
Year formed
2000
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Matthew CordaroBoard Chair
Trustee or director, Officer
5$0$254,820$35,889
Brian GuptillController
Officer
30$0$101,572$5,144
Nancy ClayburghVice Chair
Trustee or director, Officer
1$0$0$0
Walter KuchteySecretary
Trustee or director, Officer
1$0$0$0
JD BernardyTreasurer
Trustee or director, Officer
1$0$0$0
Erik BrowningBoard Member
Trustee or director
1$0$0$0
Michelle SchladenhauffenBoard Member
Trustee or director
1$0$0$0
Heather HeigisPast Board Member
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Matthew CordaroBoard Chair
Trustee or director, Officer
5$0$231,585$37,434
Brian GuptillController
Officer
30$0$91,036$1,694
Deborah DeScenzaPast Executive Director
Officer
1$67,596$0$0
Nancy ClayburghVice Chair
Trustee or director, Officer
1$0$0$0
Walter KuchteyTreasurer
Trustee or director, Officer
1$0$0$0
Martha AdamovichBoard Member
Trustee or director
1$0$0$0
Erik BrowningBoard Member
Trustee or director
1$0$0$0
Michelle SchladenhauffenBoard Member
Trustee or director
1$0$0$0
JD BernardyBoard Member
Trustee or director
1$0$0$0
Heather HeigisBoard Member
Trustee or director
1$0$0$0
Ann SanokPast Board Member
Trustee or director
1$0$0$0
Barbara CohenPast Board Member
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensation
Deborah DeScenzaExecutive Director
Officer
38$94,360
Denise VaillancourtPast Finance Director
Officer
40$44,429
Amy DohertyFinance Director
Officer
40$4,420
Barbara CohenPresident
Trustee or director, Officer
5$0
Kevin TacyVice President
Trustee or director, Officer
3$0
Martha AdamovichTreasurer
Trustee or director, Officer
2$0
Denise NashDirector
Trustee or director
0.7$0
Tom CarrDirector
Trustee or director
0.7$0
Debra HealyDirector
Trustee or director
0.7$0
Alycemae FlandersDirector
Trustee or director
0.7$0
Adam ChandlerDirector
Trustee or director
0.7$0
Pamela SchmuhlPast Director
Trustee or director
0.7$0
Joleen MalotPast Director
Trustee or director
0.7$0

Address and contacts

Address (IRS master file)
213 CENTER RD, HILLSBOROUGH, NH 03244-4823
In care of
% DEBORAH D GRAY
Principal officer (990 for 2024)
Matthew Cordaro, 213 Center Road, Hillsborough, NH 03244
Signed the 990
Matthew Cordaro, Board Chair
Phone
(603) 464-2590
Return prepared by
Berry Dunn McNeil & Parker LLC

Mission

To provide both day and residential programs in a farming environment for people with developmental disabilities such as autism and intellectual disabilities.Farmsteads of New England empowers adults with autism and other developmental disabilities to live meaningful and satisfying lives by providing exceptional residential and day services in inclusive farm communities.

990 for the year ended June 30, 2025

Program accomplishments

  • An atmosphere conducive to a meaningful/satisfying life for developmentally disabled persons was established through the participation of individuals in the resident, day, and respite farmer programs.
    Expenses $8,731,685 · grants $2,757,298 · revenue $7,212,669

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
02-0517433
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
2001
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,718,210
Income (IRS master file)
$7,866,003

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,834,145$9,531,738$3,718,210IRS
990June 2024$6,321,552$5,361,789$5,159,686IRS
990June 2023$4,444,737$4,301,488$2,862,743XML
990June 2022$3,614,129$3,556,643$2,753,400IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 02-0517433).

Questions about FARMSTEADS OF NEW ENGLAND INC

What is the EIN of FARMSTEADS OF NEW ENGLAND INC?
The employer identification number (EIN) of FARMSTEADS OF NEW ENGLAND INC is 02-0517433.
Is FARMSTEADS OF NEW ENGLAND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to FARMSTEADS OF NEW ENGLAND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FARMSTEADS OF NEW ENGLAND INC 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 FARMSTEADS OF NEW ENGLAND INC 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 FARMSTEADS OF NEW ENGLAND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FARMSTEADS OF NEW ENGLAND INC?
The 990 for the year ended June 30, 2025 names Matthew Cordaro.
Who are the officers and directors of FARMSTEADS OF NEW ENGLAND INC?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does FARMSTEADS OF NEW ENGLAND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,834,145, expenses of $9,531,738 and total assets of $3,718,210 at year end.

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