Somersworth Community Development Corporation

Organization Overview

Somersworth Community Development Corporation is located in Somersworth, NH. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somersworth Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Somersworth Community Development Corporation generated $30.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $9.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE GROWTH AND PROSPERITY IN THE CITY OF SOMERSWORTH, NH

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE GROWTH AND PROSPERITY IN THE CITY OF SOMERWORTH, NH, INCLUDING PROVISION FOR LOW INCOME HOUSING AND ASSISTANCE TO LOCAL BUSINESSES.


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Board, Officers & Key Employees

Name (title)Compensation
Martin Dumont
Chairperson
$0
Debbie Evans
Secretary
$0
Harold Guptill
Vice Chairpe
$0
Roland Lapointe
Member
$0
John Waterman
Treasurer
$0
Mike Hill
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$30,087
Investment income $161
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,248

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