Overview

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Est.

1997

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Strafford Economic Development Corporation (EIN: 04-3367947) is dedicated to maintaining, improving, and revitalizing the local economic and industrial base to ensure the retention and creation of high-quality employment opportunities for community residents. With an operating budget of $939.8K and total revenue of $1.1M in 2024, the organization is primarily funded by an unknown source contributing $2.1M, indicating a reliance on a single funder for over 50% of its revenue. More information can be found on their website at www.sedcnh.org.

Mission Statement

THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING, IMPROVING, AND REVITALIZING THE LOCAL ECONOMIC AND INDUSTRIAL BASE AND TO ENSURE THE RETENTION AND CREATION OF HIGH QUALITY EMPLOYMENT OPPORTUNITIES FOR THE RESIDENTS OF THE COMMUNITY.
Revenues
$1.1M
Expenses
$939.8K
Net Income:
+$164.9K
Assets
$18.2M
Liabilities
$5.6M
Net Assets:
+$12.6M
Operating Budget
$939.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$56.9K
Largest grant received
$56.9K
D
Dennis McCann
Board Member
M
Marcella Perry
Board Member
L
Lisa Stanley
Board Member

Frequently Asked Questions

What is STRAFFORD ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, STRAFFORD ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $940 thousand. More detailed financial information is available to registered users.
What causes does STRAFFORD ECONOMIC DEVELOPMENT CORPORATION support?
STRAFFORD ECONOMIC DEVELOPMENT CORPORATION supports work in Business and industry.
Where does STRAFFORD ECONOMIC DEVELOPMENT CORPORATION operate?
STRAFFORD ECONOMIC DEVELOPMENT CORPORATION is headquartered in DOVER, NH.
Who funded STRAFFORD ECONOMIC DEVELOPMENT CORPORATION recently?
In 2024, STRAFFORD ECONOMIC DEVELOPMENT CORPORATION received grants from NEW HAMPSHIRE ALLIANCE OF REGIONAL DEVELOPMENT CORPORATIONS INC, NEW HAMPSHIRE ALLIANCE OF REGIONAL DEVELOPMENT CORPORATIONS INC, and NEW HAMPSHIRE ALLIANCE OF REGIONAL DEVELOPMENT CORPORATIONS INC. More information on this organization’s funders is available to registered users.
What is the largest grant STRAFFORD ECONOMIC DEVELOPMENT CORPORATION received in 2024?
The largest grant to STRAFFORD ECONOMIC DEVELOPMENT CORPORATION in 2024 exceeds $57 thousand.
What is STRAFFORD ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
STRAFFORD ECONOMIC DEVELOPMENT CORPORATION relied on government grants for less than 5% of their total revenue in 2024.