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Nonprofit · EIN 46-2767095

ALLIANCE ASSET MANAGEMENT INC

Tax-exempt · CONCORD, NH 03301

Financials

$1.9M$1.9M2023$2.1M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of ALLIANCE ASSET MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$2,070,872$2,110,086-$39,214$184,681$541,325-$356,644
March 31, 2024990$1,852,245$1,891,112-$38,867$187,334$504,764-$317,430
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$50,000
Program service revenue
$2,020,872
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,634,524
Salaries, compensation and benefits (total)
$1,894,941
Professional fundraising fees
$0
Legal fees
$2,126
Accounting fees
$19,352
Occupancy
$80,892
Depreciation
$4,851
Program services (functional)
$1,814,940
Management and general (functional)
$295,146

Balance sheet and other

Total assets, start of year
$187,334
Total assets, end of year
$184,681
Total liabilities, end of year
$541,325
Net assets, end of year
-$356,644
Land, buildings and equipment
$47,869
Net assets without donor restrictions
-$356,644
Gross receipts
$2,070,872
Employees
36
Volunteers
30
Year formed
2013
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
THOMAS FURTADOPRESIDENT AND CEO
Officer
1$0$156,374
JAMES M GALLAGHER IIICHAIR
Trustee or director
1$0$0
ORESTA MOSCATREASURER
Trustee or director
1$0$0
AKI MATHIEUDIRECTOR
Trustee or director
1$0$0
BETH SLEPIANDIRECTOR
Trustee or director
1$0$0
GREGORY LESSARDDIRECTOR
Trustee or director
1$0$0
MARY BETH WALZDIRECTOR
Trustee or director
1$0$0
TIMOTHY WADEDIRECTOR
Trustee or director
1$0$0
SAFIYA WAZIRDIRECTOR
Trustee or director
1$0$0
JEFF FEINGOLDVICE CHAIR
Trustee or director
1$0$0
CHRIS NADEAUDIRECTOR
Trustee or director
1$0$0
TODD WATSONDIRECTOR
Trustee or director
1$0$0
JULIE PALMERIDIRECTOR
Trustee or director
1$0$0
BENJAMIN MITCHELLDIRECTOR
Trustee or director
1$0$0
CLEMENT KIGUGUDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
GREG CHAKMAKASSECRETARY
Trustee or director
1$0
990 for the year ended March 31, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgs
THOMAS FURTADOPRESIDENT AND CEO
Officer
1$0$150,166
JAMES M GALLAGHER IIICHAIR
Trustee or director
1$0$0
ORESTA MOSCATREASURER
Trustee or director
1$0$0
AKI MATHIEUDIRECTOR
Trustee or director
1$0$0
BETH SLEPIANDIRECTOR
Trustee or director
1$0$0
GREGORY LESSARDDIRECTOR
Trustee or director
1$0$0
MARY BETH WALZDIRECTOR
Trustee or director
1$0$0
TIMOTHY WADEDIRECTOR
Trustee or director
1$0$0
SAFIYA WAZIRDIRECTOR
Trustee or director
1$0$0
JEFF FEINGOLDVICE CHAIR
Trustee or director
1$0$0
CHRIS NADEAUDIRECTOR
Trustee or director
1$0$0
TODD WATSONDIRECTOR
Trustee or director
1$0$0
JULIE PALMERIDIRECTOR
Trustee or director
1$0$0
BENJAMIN MITCHELLDIRECTOR
Trustee or director
1$0$0
CLEMENT KIGUGUDIRECTOR
Trustee or director
1$0$0
GREG CHAKMAKASSECRETARY
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
105 LOUDON ROAD UNIT 1, CONCORD, NH 03301-5601
Principal officer (990 for 2024)
THOMAS FURTADO, 105 LOUDON RD UNIT 1, CONCORD, NH 03301
Signed the 990
THOMAS FURTADO, PRESIDENT
Phone
(603) 225-8835
Return prepared by
OTIS ATWELL

Mission

THE ORGANIZATION'S MISSION IS TO ESTABLISH AND MAINTAIN AFFORDABLE HOUSING FOR LOWER AND MODERATE INCOME INDIVIDUALS AND FAMILIES BY MANAGING REAL ESTATE HOLDINGS FOR A RELATED TAX-EXEMPT ENTITY AS WELL AS OTHER NONPROFIT, TAX-EXEMPT OR CHARITABLE ORGANIZATIONS.

990 for the year ended March 31, 2025

Program accomplishments

  • THE ORGANIZATION SUPPORTS AFFORDABLE HOUSING PROJECTS FOR LOWER AND MODERATE INCOME INDIVIDUALS AND FAMILIES IN NEW HAMPSHIRE. IT PROVIDES REAL ESTATE MANAGEMENT SERVICES TO VARIOUS TAX-EXEMPT ENTITIES, PRIMARILY FOR CONCORD AREA TRUST FOR COMMUNITY HOUSING, A RELATED ORGANIZATION THAT IS A SUPPORTED ENTITY.
    Expenses $1,814,940 · revenue $2,020,872

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
46-2767095
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$184,681
Income (IRS master file)
$2,070,872

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$2,070,872$2,110,086$184,681XML
990March 2024$1,852,245$1,891,112$187,334XML
990March 2023$1,644,393$1,610,302$246,832IRS
990March 2022–––IRS
990March 2021–––IRS
990March 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 46-2767095).

Questions about ALLIANCE ASSET MANAGEMENT INC

What is the EIN of ALLIANCE ASSET MANAGEMENT INC?
The employer identification number (EIN) of ALLIANCE ASSET MANAGEMENT INC is 46-2767095.
Is ALLIANCE ASSET MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to ALLIANCE ASSET MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does ALLIANCE ASSET MANAGEMENT INC 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 ALLIANCE ASSET MANAGEMENT INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALLIANCE ASSET MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of ALLIANCE ASSET MANAGEMENT INC?
The 990 for the year ended March 31, 2025 names THOMAS FURTADO.
Who are the officers and directors of ALLIANCE ASSET MANAGEMENT INC?
The 990 for the year ended March 31, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does ALLIANCE ASSET MANAGEMENT INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $2,070,872, expenses of $2,110,086 and total assets of $184,681 at year end.

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