New Hampshire Alliance Of Regional Development Corporations Inc

New Hampshire Alliance maintains stable finances with no reported officer compensation.

EIN: 20511578 · Conway, NH · NTEE: S31 · Updated: 2026-03-28

$257KRevenue

$11KAssets

95/100Mission Score (Excellent)

S31

About New Hampshire Alliance Of Regional Development Corporations Inc

New Hampshire Alliance Of Regional Development Corporations Inc (EIN: 20511578) is a nonprofit organization based in Conway, NH, classified under NTEE code S31. The organization reported total revenue of $257K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Alliance Of Regional Development Corporations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The New Hampshire Alliance Of Regional Development Corporations Inc demonstrates consistent financial activity, with revenues and expenses generally balancing out each year, indicating a stable operational model. For instance, in 2023, revenues were $162,273 against expenses of $163,949, showing a slight deficit but within a healthy range for a small nonprofit. The organization consistently reports zero liabilities and no officer compensation, which are strong indicators of financial prudence and a focus on mission over executive pay. Their assets, while modest at $12,263 in 2023, have remained relatively stable over the years, suggesting careful management of resources.

The organization's spending efficiency appears high given the lack of reported officer compensation, implying that resources are directed towards programs and operational costs rather than executive salaries. The consistent reporting of zero liabilities across all available filings further reinforces a strong financial position and responsible fiscal management. The NTEE code S31 (Community Development Corporations) suggests a focus on local economic and community improvement, and the financial data supports an organization operating with minimal overhead in terms of executive pay.

Transparency is excellent, as evidenced by the consistent filing of IRS Form 990s and the clear reporting of financial metrics. The absence of officer compensation is a particularly noteworthy aspect of their financial transparency, as it indicates that the organization is either volunteer-led at the executive level or that compensation is minimal and not reported in this category. This level of detail in their public filings allows for a clear understanding of their financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Hampshire Alliance Of Regional Development Corporations Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, New Hampshire Alliance Of Regional Development Corporations Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating either a fully volunteer-led executive team or that any compensation falls below reporting thresholds, which is highly favorable for a nonprofit of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for New Hampshire Alliance Of Regional Development Corporations Inc:

Consistent reporting of $0 officer compensation, indicating high efficiency and mission focus.
Zero reported liabilities across all filings, demonstrating strong financial health and risk management.
Stable revenue and expense patterns over many years, suggesting consistent operations and program delivery.
Excellent transparency through consistent IRS 990 filings.
Modest but stable asset base, indicating responsible stewardship of resources.

Frequently Asked Questions about New Hampshire Alliance Of Regional Development Corporations Inc

Is New Hampshire Alliance Of Regional Development Corporations Inc a good charity?

Based on the available financial data, the New Hampshire Alliance Of Regional Development Corporations Inc appears to be a very good charity. It demonstrates strong financial stability, consistent operations, and a remarkable commitment to directing resources towards its mission by reporting 0% officer compensation across all filings.

How does the organization manage its liabilities?

The organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating extremely prudent financial management and a strong balance sheet.

What is the trend in the organization's revenue and expenses?

Revenue and expenses have generally remained stable over the years, typically ranging between $160,000 and $200,000, with expenses closely matching revenue, indicating consistent operational activity and a balanced budget.

Filing History

IRS 990 filing history for New Hampshire Alliance Of Regional Development Corporations Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Hampshire Alliance Of Regional Development Corporations Inc's revenue has declined by 18.1%, moving from $198K to $162K. Total assets decreased by 54.5% over the same period, from $27K to $12K. Total functional expenses fell by 17.3%, from $198K to $164K. In its most recent filing year (2023), New Hampshire Alliance Of Regional Development Corporations Inc reported a deficit of $2K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$162K	$164K	$12K	$0	—	—
2022	$181K	$183K	$14K	$0	—	View 990
2021	$192K	$189K	$16K	$0	—	View 990
2020	$197K	$196K	$13K	$0	—	View 990
2019	$205K	$206K	$12K	$0	—	View 990
2018	$171K	$173K	$13K	$0	—	View 990
2017	$190K	$192K	$15K	$0	—	View 990
2016	$11	$3K	$17K	$0	—	View 990
2015	$193K	$197K	$20K	$0	—	View 990
2014	$193K	$192K	$24K	$0	—	View 990
2013	$193K	$192K	$23K	$0	—	View 990
2012	$200K	$204K	$23K	$0	—	View 990
2011	$198K	$198K	$27K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $162K, expenses of $164K, and assets of $12K (revenue -10.4% year-over-year).
2022: Revenue of $181K, expenses of $183K, and assets of $14K (revenue -5.8% year-over-year).
2021: Revenue of $192K, expenses of $189K, and assets of $16K (revenue -2.2% year-over-year).
2020: Revenue of $197K, expenses of $196K, and assets of $13K (revenue -4.0% year-over-year).
2019: Revenue of $205K, expenses of $206K, and assets of $12K (revenue +19.8% year-over-year).
2018: Revenue of $171K, expenses of $173K, and assets of $13K (revenue -10.0% year-over-year).
2017: Revenue of $190K, expenses of $192K, and assets of $15K (revenue +1728027.3% year-over-year).
2016: Revenue of $11, expenses of $3K, and assets of $17K (revenue -100.0% year-over-year).
2015: Revenue of $193K, expenses of $197K, and assets of $20K (revenue +-0.0% year-over-year).
2014: Revenue of $193K, expenses of $192K, and assets of $24K (revenue +-0.0% year-over-year).
2013: Revenue of $193K, expenses of $192K, and assets of $23K (revenue -3.8% year-over-year).
2012: Revenue of $200K, expenses of $204K, and assets of $23K (revenue +1.0% year-over-year).
2011: Revenue of $198K, expenses of $198K, and assets of $27K.

Data Sources and Methodology

This transparency report for New Hampshire Alliance Of Regional Development Corporations Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.