Nonprofit · EIN 22-2524015
NEW HAMPSHIRE COMMUNITY LOAN FUND
Tax-exempt · CONCORD, NH 03301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $75,052,598 | $57,935,743 | $17,116,855 | $237,353,910 | $163,574,882 | $73,779,028 |
| June 30, 2024 | 990 | $28,015,351 | $20,685,013 | $7,330,338 | $220,225,049 | $163,402,410 | $56,822,639 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $57,846,893
- of which government grants
- $42,956,985
- Program service revenue
- $17,510,006
- Investment income
- $1,109,826
- Other revenue
- -$1,414,127
Expenses
- Grants and similar amounts paid
- $41,795,010
- Compensation of officers, directors and key employees
- $761,456
- Other salaries and wages
- $5,497,426
- Salaries, compensation and benefits (total)
- $7,650,476
- Professional fundraising fees
- $0
- Legal fees
- $22,080
- Accounting fees
- $127,806
- Occupancy
- $176,047
- Travel
- $171,387
- Depreciation
- $256,038
- Program services (functional)
- $56,395,651
- Management and general (functional)
- $1,063,866
- Fundraising (functional)
- $476,226
Balance sheet and other
- Total assets, start of year
- $220,225,049
- Total assets, end of year
- $237,353,910
- Total liabilities, end of year
- $163,574,882
- Net assets, end of year
- $73,779,028
- Land, buildings and equipment
- $3,522,514
- Publicly traded securities
- $1,985,800
- Net assets without donor restrictions
- $61,835,780
- Net assets with donor restrictions
- $11,943,248
- Gross receipts
- $75,052,598
- Employees
- 87
- Volunteers
- 17
- Year formed
- 1983
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE SALTZMAN | PRESIDENT & CEO Trustee or director, Officer | 40 | $256,191 | $37,026 |
| BONNIE SCADOVA | CHIEF FINANCIAL OFFICER Officer | 40 | $203,794 | $32,683 |
| SARAH MARCHANT | COO & VP OF ROC-NH Key employee | 40 | $182,145 | $44,953 |
| LUCAS KNOWLES | DIR. SUSTAINABLE FOOD SYSTEMS PROGRAM Highest-paid employee | 40 | $170,105 | $32,780 |
| COREY SANBORN-POTTER | EXECUTIVE VP OF LENDING AND CREDIT Highest-paid employee | 40 | $154,677 | $10,211 |
| KATHLEEN PARADIS | VP OF RESIDENTIAL LENDING & COMPLIANCE Highest-paid employee | 40 | $117,515 | $38,503 |
| KATHARINE COTE | VP OF EXTERNAL RELATIONS Highest-paid employee | 40 | $128,551 | $23,251 |
| KALEIGH BULLOCK | VP OF ORGANIZATIONAL STRATEGY & COMM. Highest-paid employee | 40 | $111,863 | $18,435 |
| JAMIE RICHARDSON | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| COLBY MEEHAN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KATHLEEN REARDON | TREASURER (UNTIL 12/24) Trustee or director, Officer | 1 | $0 | $0 |
| ANDRE GARRON | VICE TREAS./TREASURER (AS OF 12/24) Trustee or director, Officer | 1 | $0 | $0 |
| JIM KEROUAC | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LIZ LAROSE | VICE SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL SWACK | EMERITUS Trustee or director | 1 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SID PRABHAKAR | MEMBER Trustee or director | 1 | $0 |
| ALI SEKOU | MEMBER Trustee or director | 1 | $0 |
| DON BRUEGGEMANN | MEMBER Trustee or director | 1 | $0 |
| MARK FICKLE | MEMBER Trustee or director | 1 | $0 |
| JOSEPH GERAKOS | MEMBER Trustee or director | 1 | $0 |
| PAMELA ROTHGABER | MEMBER Trustee or director | 1 | $0 |
| VICTORIA STAUNCHES | MEMBER Trustee or director | 1 | $0 |
| LIONEL LOVELESS | MEMBER Trustee or director | 1 | $0 |
| RUDY GLOCKER | MEMBER Trustee or director | 1 | $0 |
| MAYTE RIVERA | MEMBER (3/25 - 8/25) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE SALTZMAN | PRESIDENT & CEO Trustee or director, Officer | 40 | $217,829 | $31,824 |
| BONNIE SCADOVA | CHIEF FINANCIAL OFFICER Officer | 40 | $193,243 | $29,471 |
| SARAH MARCHANT | CHIEF OF STAFF & VP OF ROC Highest-paid employee | 40 | $154,757 | $33,176 |
| KATHLEEN PARADIS | VP OF RESIDENTIAL LENDING & COMPLIANCE Highest-paid employee | 40 | $109,475 | $36,940 |
| KATHARINE COTE | VP OF EXTERNAL RELATIONS Highest-paid employee | 40 | $112,759 | $20,686 |
| LORI ALBERT | CONTROLLER Highest-paid employee | 40 | $101,883 | $27,685 |
| KATHLEEN REARDON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JAMIE RICHARDSON | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANDRE GARRON | VICE TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BETSY MCNAMARA | CHAIR (UNTIL 12/23) Trustee or director, Officer | 1 | $0 | $0 |
| SID PRABHAKAR | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIM CAPEN | VICE TREASURER (UNTIL 12/23) Trustee or director, Officer | 1 | $0 | $0 |
| JIM KEROUAC | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LIZ LAROSE | VICE SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PAULA ROGERS | SECRETARY (UNTIL 12/23) Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL SWACK | EMERITUS Trustee or director | 1 | $0 | $0 |
| ALI SEKOU | MEMBER Trustee or director | 1 | $0 | $0 |
| DON BRUEGGEMANN | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK FICKLE | MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH GERAKOS | MEMBER Trustee or director | 1 | $0 | $0 |
| PAMELA ROTHGABER | MEMBER Trustee or director | 1 | $0 | $0 |
| VICTORIA STAUNCHES | MEMBER Trustee or director | 1 | $0 | $0 |
| COLBY MEEHAN | MEMBER Trustee or director | 1 | $0 | $0 |
| LIONEL LOVELESS | MEMBER Trustee or director | 1 | $0 | $0 |
| RUDY GLOCKER | MEMBER Trustee or director | 1 | $0 | $0 |
| ALLISON GRAPPONE | MEMBER (UNTIL 11/23) Trustee or director | 1 | $0 | $0 |
| PAM LAFLAMME | MEMBER (UNTIL 12/23) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7 WALL ST, CONCORD, NH 03301-3741
- Principal officer (990 for 2024)
- STEVE SALTZMAN, 7 WALL STREET, CONCORD, NH 03301
- Signed the 990
- STEVE SALTZMAN, PRESIDENT AND CEO
- Phone
- (603) 224-6669
- Website
- WWW.COMMUNITYLOANFUND.ORG
- Return prepared by
- AAFCPAS INC
Mission
OUR MISSION IS TO PROVIDE PEOPLE AND COMMUNITIES, IN NEW HAMPSHIRE AND BEYOND, WITH THE FINANCIAL, HUMAN, AND CIVIC RESOURCES THEY NEED TO BE ECONOMICALLY SECURE. WE DO THIS BY PROVIDING LOANS, CAPITAL AND TECHNICAL ASSISTANCE TO BORROWERS ACROSS THREE BROAD SECTORS: AFFORDABLE HOUSING, BUSINESS FINANCE, AND COMMUNITY SERVICES; COMPLEMENTING AND EXTENDING THE REACH OF CONVENTIONAL LENDERS AND PUBLIC INSTITUTIONS; AND BRINGING PEOPLE AND INSTITUTIONS TOGETHER TO SOLVE PROBLEMS.ESTABLISHED IN 1983, THE COMMUNITY LOAN FUND WAS ONE OF THE FIRST COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS IN THE NATION AND IS RECOGNIZED AS A NATIONAL LEADER FOR ITS INNOVATION, SOCIAL IMPACT, FINANCIAL STRENGTH AND PERFORMANCE. THE COMMUNITY LOAN FUND WAS THE 2009 RECIPIENT OF THE NEXT AWARD FOR OPPORTUNITY FINANCE, THE HIGHEST HONOR IN OUR FIELD.
Program accomplishments
- AFFORDABLE HOUSING - SEE SCHEDULE OExpenses $4,991,379 · revenue $10,146,157
- CAPITALIZATION AND PHILANTHROPY - SEE SCHEDULE OExpenses $6,749,291
- BUSINESS FINANCE - SEE SCHEDULE OExpenses $44,530,472 · grants $41,795,010 · revenue $5,166,217
- 1. SINCE 1984, OUR COMMUNITY SERVICES FINANCING HAS SUPPORTED ESSENTIAL SERVICES, INCLUDING CENTER- AND HOME-BASED EARLY CHILDHOOD EDUCATION, BY HELPING NONPROFIT ORGANIZATIONS BUY, RENOVATE, OR BUILD FACILITIES. THE COMMUNITY LOAN FUND HAS MADE 143 COMMUNITY SERVICES LOANS TOTALING OVER $38.3 MILLION. IN FY2025, THE COMMUNITY LOAN FUND MADE 7 COMMUNITY SERVICES LOANS FOR $1,491,000.2. SINCE 2023, USDA IS PARTNERING WITH THE COMMUNITY LOAN FUND TO MAKE AVAILABLE $186,705,000 IN GRANTS THROUGH TWO NATION-WIDE PROGRAMS: THE LOCAL MEAT CAPACITY GRANT PROGRAM AND THE MEAT AND POULTRY PROCESSING EXPANSION PROGRAM. THE PROGRAMS AIM TO PROMOTE FAIRER, MORE COMPETITIVE AND MORE RESILIENT MEAT AND POULTRY SUPPLY CHAINS. THE COMMUNITY LOAN FUND WILL HELP USDA ADMINISTER THE PASS-THROUGH GRANTS OVER SIX YEARS (2024-2029). THESE REGRANTING ACTIVITIES ARE MANAGED UNDER THE COMMUNITY LOAN FUND'S SUSTAINABLE FOOD SYSTEMS PROGRAM (SFSP). IN FY2025, THE COMMUNITY LOAN FUND DISBURSED $41,706,985 IN PASS THROUGH GRANTS.Expenses $124,509 · revenue $270,960
- OTHER PROGRAMSrevenue $512,545
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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2524015
- 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
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $237,353,910
- Income (IRS master file)
- $75,052,598
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $75,052,598 | $57,935,743 | $237,353,910 | XML |
| 990 | June 2024 | $28,015,351 | $20,685,013 | $220,225,049 | XML |
| 990 | June 2023 | $14,740,663 | $12,281,336 | $189,182,393 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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 22-2524015).
Questions about NEW HAMPSHIRE COMMUNITY LOAN FUND
- What is the EIN of NEW HAMPSHIRE COMMUNITY LOAN FUND?
- The employer identification number (EIN) of NEW HAMPSHIRE COMMUNITY LOAN FUND is 22-2524015.
- Is NEW HAMPSHIRE COMMUNITY LOAN FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to NEW HAMPSHIRE COMMUNITY LOAN FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW HAMPSHIRE COMMUNITY LOAN FUND 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 NEW HAMPSHIRE COMMUNITY LOAN FUND 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 NEW HAMPSHIRE COMMUNITY LOAN FUND 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 NEW HAMPSHIRE COMMUNITY LOAN FUND?
- The 990 for the year ended June 30, 2025 names STEVE SALTZMAN.
- Who are the officers and directors of NEW HAMPSHIRE COMMUNITY LOAN FUND?
- The 990 for the year ended June 30, 2025 lists 25 people; 8 received compensation from the organization, the highest $256,191 (STEVE SALTZMAN, PRESIDENT & CEO).
- How much revenue does NEW HAMPSHIRE COMMUNITY LOAN FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $75,052,598, expenses of $57,935,743 and total assets of $237,353,910 at year end.
Other nonprofits in CONCORD
- CONCORD HOSPITAL INC EIN 22-2594672 · last filed 990 for 2025
- DELTA DENTAL PLAN OF NEW HAMPSHIRE EIN 02-0273013 · last filed 990 for 2024
- NEW HAMPSHIRE CHARITABLE FOUNDATION EIN 02-6005625 · last filed 990 for 2024
- MAINE DENTAL SERVICE CORPORATION EIN 01-0286541 · last filed 990 for 2024
- CONCORD HOSPITAL - LACONIA EIN 85-1443782 · last filed 990 for 2025
- ST PAULS SCHOOL EIN 02-0222227 · last filed 990 for 2025
- DELTA DENTAL PLAN OF VERMONT INC EIN 03-0219391 · last filed 990 for 2024
- FORWARD ACTION FUND EIN 83-1806898 · last filed 990 for 2024