Nonprofit · EIN 02-0395538
MONADNOCK ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · KEENE, NH 03431
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,229,341 | $3,612,969 | -$383,628 | $13,322,601 | $13,124,610 | $197,991 |
| June 30, 2024 | 990 | $5,279,361 | $2,216,838 | $3,062,523 | $35,848,860 | $35,267,241 | $581,619 |
| June 30, 2023 | 990 | $1,706,004 | $2,209,306 | -$503,302 | $41,455,854 | $43,936,758 | -$2,480,904 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,962,833
- Program service revenue
- $1,252,277
- Investment income
- -$2,037,244
- Net gain from sales of assets
- -$2,037,244
- Other revenue
- $51,475
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $102,591
- Other salaries and wages
- $12,521
- Salaries, compensation and benefits (total)
- $124,222
- Professional fundraising fees
- $0
- Legal fees
- $470
- Accounting fees
- $55,459
- Occupancy
- $5,025
- Depreciation
- $500,336
- Program services (functional)
- $3,386,296
- Management and general (functional)
- $226,673
Balance sheet and other
- Total assets, start of year
- $35,848,860
- Total assets, end of year
- $13,322,601
- Total liabilities, end of year
- $13,124,610
- Net assets, end of year
- $197,991
- Land, buildings and equipment
- $10,611,564
- Net assets without donor restrictions
- -$1,015,918
- Net assets with donor restrictions
- $1,213,909
- Gross receipts
- $14,053,724
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1986
- 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 |
|---|---|---|---|---|
| CODY MORRISON | EXECUTIVE DIRECTOR Officer | 40 | $91,196 | $7,163 |
| AMANDA LITTLETON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW RICHARDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAN OSBORN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE HANSEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIANA BERGERON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RIK EKSTROM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHEN BRAGDON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE SILVERSTEIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| TODD HORNER | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| REBECCA LANDRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMILY BENSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CODY MORRISON | EXECUTIVE DIRECTOR Officer | 40 | $90,500 | $7,151 |
| AMANDA LITTLETON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW RICHARDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAN OSBORN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE HANSEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIANA BERGERON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RIK EKSTROM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHEN BRAGDON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE SILVERSTEIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| TODD HORNER | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CODY MORRISON | EXECUTIVE DIRECTOR Officer | 40 | $90,500 | $5,850 |
| AMANDA LITTLETON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GEORGE HANSEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIANA BERGERON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RIK EKSTROM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHEN BRAGDON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE SILVERSTEIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| TODD HORNER | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DAN OSBORN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREW RICHARDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 704, KEENE, NH 03431-0704
- Principal officer (990 for 2024)
- STEVEN SILVERSTEIN, PO BOX 704, KEENE, NH 03431
- Signed the 990
- STEVEN SILVERSTEIN, TREASURER
- Phone
- (603) 352-1000
- Return prepared by
- OSTER & WHEELER PC
Mission
PROMOTION OF BUSINESS DEVELOPMENT AND RELOCATIONS TO THE MONADNOCK REGION OF NEW HAMPSHIRE.
Program accomplishments
- PROMOTING OF BUSINESS DEVELOPMENT AND RELOCATIONS TO THE MONADNOCK REGION OF NEW HAMPSHIRE.Expenses $3,386,296 · revenue $1,303,752
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
- 02-0395538
- 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
- 1986
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S310)
- Assets (IRS master file)
- $13,322,601
- Income (IRS master file)
- $14,053,724
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,229,341 | $3,612,969 | $13,322,601 | IRS |
| 990 | June 2024 | $5,279,361 | $2,216,838 | $35,848,860 | IRS |
| 990 | June 2023 | $1,706,004 | $2,209,306 | $41,455,854 | XML |
| 990 | June 2022 | $1,917,108 | $2,408,740 | $42,887,115 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 02-0395538).
Questions about MONADNOCK ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of MONADNOCK ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MONADNOCK ECONOMIC DEVELOPMENT CORPORATION is 02-0395538.
- Is MONADNOCK ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to MONADNOCK ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONADNOCK ECONOMIC DEVELOPMENT CORPORATION 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 MONADNOCK ECONOMIC DEVELOPMENT CORPORATION 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 MONADNOCK ECONOMIC DEVELOPMENT CORPORATION 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 MONADNOCK ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names STEVEN SILVERSTEIN.
- Who are the officers and directors of MONADNOCK ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $91,196 (CODY MORRISON, EXECUTIVE DIRECTOR).
- How much revenue does MONADNOCK ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,229,341, expenses of $3,612,969 and total assets of $13,322,601 at year end.
Other nonprofits in KEENE
- GREATER KEENE CHAMBER OF COMMERCE FOUNDATION EIN 02-0491352 · last filed 990 for 2025
- HOME BUILDERS ASSOCIATION OF SOUTHWESTERN NEW HAMPSHIRE EIN 02-0355637
- MONADNOCK INSTITUTE FOR COMMUNITY ADVANCEMENT AND SUSTAINABILITY EIN 34-2045322 · last filed 990-EZ for 2024
- KEENE DOWNTOWN HOUSING CORPORATION EIN 02-0364019 · last filed 990-PF for 2025
- THE KEENE DOWNTOWN GROUP EIN 20-2555584 · last filed 990-N for 2025
- TOK INC EIN 41-3197195 · last filed 990-N for 2025
- CHESHIRE QUILTERS GUILD EIN 90-0634462 · last filed 990-N for 2024
- COLLABORATIVE COMMUNITIES COALITION EIN 87-2430028 · last filed 990-N for 2024
All nonprofits in KEENE · New Hampshire · Community improvement and capacity building