Rockingham Economic Development Corporation
Rockingham Economic Development Corporation consistently grows assets and operates with a surplus, reporting 0% officer compensation.
EIN: 20474973 · Raymond, NH · NTEE: S30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| Net Assets | $12.9M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Rockingham Economic Development Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Rockingham Economic Development Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Rockingham Economic Development Corporation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $2.0M and expenses of $1.7M.
Revenue and Expenses
Rockingham Economic Development Corporation reported $2.0M in revenue and $1.7M in expenses, a surplus of $322K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Rockingham Economic Development Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.5M (85%) |
Across stored filings, Rockingham Economic Development Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Hellenic Society Paideia Of New Hampshire →All New Hampshire nonprofits
All Community Improvement
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Raymond, NH nonprofitsCommunity Improvement in New Hampshire
Public Benefit in New Hampshire
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Community Improvement spending
Best Community Improvement charities in New Hampshire
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Hattie A & Fred C Lynam Trust 64
Concord, NH · $1.5M revenue · Score 95/100
Compare side-by-sideCouch Family Foundation
Hanover, NH · $35.9M revenue · Score 90/100
Compare side-by-sideRed Oak Montessori School Inc
Franklin, NH · $159K revenue · Score 90/100
Compare side-by-sideOrder Of The Eastern Star Of New Hampshire Grand Chapter
Nashua, NH · $1.0M revenue · Score 85/100
Compare side-by-sideBrowse the full Community Improvement peer market in New Hampshire →
Next Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Rockingham Economic Development Corporation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Rockingham Economic Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rockingham Economic Development Corporation
Rockingham Economic Development Corporation (EIN: 20474973) is a nonprofit organization based in Raymond, NH, classified under NTEE code S30Z. The organization reported total revenue of $1.8M and total assets of $18.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockingham Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rockingham Economic Development Corporation is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$322K |
| Total Assets | $18.1M |
| Total Liabilities | $5.2M |
| Net Assets | $12.9M |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 28.5% |
| Months of Reserves | 126.4 months |
Financial Health Grade: A
In 2024, Rockingham Economic Development Corporation reported a surplus of $322K with revenue exceeding expenses, holds 126.4 months of operating reserves (strong position), has a debt-to-asset ratio of 28.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Rockingham Economic Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -14.7% | -4.0% | +0.5% |
| 2023 | -44.8% | +1.8% | +3.6% |
| 2022 | +139.8% | +39.0% | +50.1% |
| 2021 | +5.6% | +15.1% | +3.8% |
| 2020 | +86.7% | +28.6% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rockingham Economic Development Corporation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Rockingham Economic Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $322K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator, suggesting that all operational expenses are directed towards program delivery and administrative overhead, rather than executive salaries.
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 Rockingham Economic Development Corporation:
- Consistent asset growth, from $7.35M in 2015 to $18.08M in 2024.
- Consistently reports 0% officer compensation, indicating high efficiency in directing funds.
- Operates with a consistent financial surplus, with revenues generally exceeding expenses.
- Strong financial stability with substantial assets relative to annual expenses.
- Regular and consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Rockingham Economic Development Corporation
Is Rockingham Economic Development Corporation a legitimate charity?
Rockingham Economic Development Corporation (EIN: 20474973) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Rockingham Economic Development Corporation spend its money?
Rockingham Economic Development Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rockingham Economic Development Corporation tax-deductible?
Rockingham Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 20474973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rockingham Economic Development Corporation's spending goes to programs?
Rockingham Economic Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rockingham Economic Development Corporation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Rockingham Economic Development Corporation is above average for NTEE category S30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rockingham Economic Development Corporation located?
Rockingham Economic Development Corporation is headquartered in Raymond, New Hampshire and files with the IRS under EIN 20474973. It is classified under NTEE code S30Z.
How many years of IRS 990 filings does Rockingham Economic Development Corporation have?
Rockingham Economic Development Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is Rockingham Economic Development Corporation a good charity?
Based on the provided financial data, Rockingham Economic Development Corporation appears to be a very good organization. It consistently maintains a healthy financial position, grows its assets, and notably reports 0% officer compensation, indicating a strong commitment to its mission.
How has REDC's financial health changed over time?
REDC's financial health has significantly improved over time, with assets growing from $7.35 million in 2015 to over $18 million in 2024. The organization has consistently generated surpluses in most years, demonstrating sustained growth and stability.
What is the trend in REDC's revenue?
REDC's revenue has shown fluctuations but a general upward trend over the past decade, peaking at $4.32 million in 2022. While there was a decrease to $2.04 million in 2024 from the 2022 high, the overall trend from $553,750 in 2016 is positive.
Filing History
IRS 990 filing history for Rockingham Economic Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Rockingham Economic Development Corporation's revenue has grown by 201.3%, moving from $676K to $2.0M. Total assets increased by 261.7% over the same period, from $5.0M to $18.1M. Total functional expenses rose by 396.1%, from $346K to $1.7M. In its most recent filing year (2024), Rockingham Economic Development Corporation reported a surplus of $322K, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $18.1M in assets (debt-to-asset ratio: 28.5%), resulting in net assets of $12.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $1.7M | $18.1M | $5.2M | — | View 990 |
| 2023 | $2.4M | $1.8M | $18.0M | $5.4M | — | View 990 |
| 2022 | $4.3M | $1.8M | $17.4M | $5.4M | — | View 990 |
| 2021 | $1.8M | $1.3M | $11.6M | $4.4M | — | — |
| 2020 | $1.7M | $1.1M | $11.1M | $4.5M | — | View 990 |
| 2019 | $915K | $854K | $9.9M | $3.9M | — | View 990 |
| 2018 | $1.6M | $903K | $9.0M | $3.0M | — | — |
| 2017 | $1.5M | $1.2M | $8.7M | $3.4M | — | View 990 |
| 2016 | $554K | $685K | $8.0M | $3.0M | — | View 990 |
| 2015 | $634K | $648K | $7.4M | $2.2M | — | View 990 |
| 2014 | $2.4M | $923K | $6.8M | $1.8M | — | View 990 |
| 2013 | $771K | $412K | $5.4M | $1.8M | — | View 990 |
| 2012 | $676K | $346K | $5.0M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $1.7M, and assets of $18.1M (revenue -14.7% year-over-year).
- 2023: Revenue of $2.4M, expenses of $1.8M, and assets of $18.0M (revenue -44.8% year-over-year).
- 2022: Revenue of $4.3M, expenses of $1.8M, and assets of $17.4M (revenue +139.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.3M, and assets of $11.6M (revenue +5.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.1M, and assets of $11.1M (revenue +86.7% year-over-year).
- 2019: Revenue of $915K, expenses of $854K, and assets of $9.9M (revenue -41.6% year-over-year).
- 2018: Revenue of $1.6M, expenses of $903K, and assets of $9.0M (revenue +3.8% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.2M, and assets of $8.7M (revenue +172.3% year-over-year).
- 2016: Revenue of $554K, expenses of $685K, and assets of $8.0M (revenue -12.6% year-over-year).
- 2015: Revenue of $634K, expenses of $648K, and assets of $7.4M (revenue -73.5% year-over-year).
- 2014: Revenue of $2.4M, expenses of $923K, and assets of $6.8M (revenue +210.6% year-over-year).
- 2013: Revenue of $771K, expenses of $412K, and assets of $5.4M (revenue +14.0% year-over-year).
- 2012: Revenue of $676K, expenses of $346K, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rockingham Economic Development Corporation:
Data Sources and Methodology
This transparency report for Rockingham Economic Development Corporation 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.