2025-05-14T10:47:00-05:00 2024-06-30 020449197 OSTER & WHEELER PC 265 WASHINGTON ST KEENE NH 03431 990 2023-07-01 020395538 MONADNOCK ECONOMIC DEVELOPMENT CORP MONA 6033521000 PO BOX 704 KEENE NH 03431 STEVEN SILVERSTEIN TREASURER 6033521000 2025-05-14 1 0 CHRISTOPHER R WHEELER CPA P01436628 6033524500 2025-05-14 2023 2025-03-06 01:10:19Z STEVEN SILVERSTEIN PO BOX 704 KEENE NH 03431 10157568 0 X WWW.MONADNOCK-DEVELOPMENT.ORG X 1986 NH PROMOTION OF BUSINESS DEVELOPMENT AND RELOCATIONS TO THE MONADNOCK REGION OF NEW HAMPSHIRE. 10 10 2 0 0 0 148027 2661632 1702239 1655363 -155846 947464 11584 14902 1706004 5279361 0 0 0 0 105625 126739 0 0 0 2103681 2090099 2209306 2216838 -503302 3062523 41455854 35848860 43936758 35267241 -2480904 581619 PROMOTION OF BUSINESS DEVELOPMENT AND RELOCATIONS TO THE MONADNOCK REGION OF NEW HAMPSHIRE. 0 0 1974058 1670265 PROMOTING OF BUSINESS DEVELOPMENT AND RELOCATIONS TO THE MONADNOCK REGION OF NEW HAMPSHIRE. 1974058 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 7 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NH X D'ALESSIO AND ASSOCIATES INC CO 6033521000 603-352-1000 543 WEST STREET KEENE NH 03431 AMANDA LITTLETON SECRETARY 1.00 X X 0 0 0 ANDREW RICHARDSON TRUSTEE 1.00 X 0 0 0 DAN OSBORN TRUSTEE 1.00 X 0 0 0 GEORGE HANSEL TRUSTEE 1.00 X 0 0 0 JULIANA BERGERON TRUSTEE 1.00 X 0 0 0 RIK EKSTROM TRUSTEE 1.00 X 0 0 0 ROBERT EDWARDS TRUSTEE 1.00 X 0 0 0 STEPHEN BRAGDON TRUSTEE 1.00 X 0 0 0 STEVE SILVERSTEIN TREASURER 2.00 X X 0 0 0 TODD HORNER PRESIDENT 2.00 X X 0 0 0 CODY MORRISON EXECUTIVE DIRECTOR 40.00 X 90500 0 7151 90500 0 7151 0 0 0 0 0 2661632 2500803 2661632 RENTS 531120 1517583 1517583 INCOME FROM LOANS 541900 135280 135280 APPLICATION FEES 541900 2500 2500 1655363 5825671 4878207 947464 947464 947464 INCOME FROM DEPOSITS 541900 14902 14902 14902 5279361 1670265 0 947464 97591 97591 19545 19545 9603 9603 1307 1307 54380 54380 105420 105420 12820 12820 367 367 4559 1259 3300 2500 2500 659531 659531 990102 987114 2988 26911 26911 BAD DEBTS 219210 219210 STATE TAXES 4615 4615 LICENSES AND PERMITS 2600 2600 REPAIRS AND MAINTENANCE 2077 2077 3700 217 3483 2216838 1974058 242780 0 1845491 1796826 12927 9701968 9774298 4484 2135 26124547 4193264 27746432 21931283 2157479 2331391 41455854 35848860 149306 152312 55146 55146 43500174 34829463 232132 230320 43936758 35267241 X -3566077 -765024 1085173 1346643 -2480904 581619 41455854 35848860 3062523 0 X 0 1 X 1 0 X 897418 692886 296661 148027 2661632 4696624 897418 692886 296661 148027 2661632 4696624 4696624 71607 25649 770 11584 14902 124512 4821136 0.97420 0.95340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30000 488500 518500 25209910 4193264 21016646 396137 396137 21931283 DEFERRED RENT RECEIVABLE 2053302 INTRA ENTITY RECEIVABLE 229235 INTEREST RECEIVABLE 47494 DEPOSITS 275 OPERATING RIGHT-OF-USE ASSET, NET 1085 2331391 INTER ENTITY ACCOUNTS PAYABLE 229235 OPERATING LEASE LIABILITY 1085 230320 X 5279361 0 5279361 0 5279361 2216838 0 2216838 0 2216838 PART X, LINE 2: MEDC QUALIFIES AS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. MEDC HAS EVALUATED ITS SIGNIFICANT TAX POSITIONS, INCLUDING THEIR TAX-EXEMPT STATUS, AND DETERMINED THAT THEY DO NOT NEED TO RECOGNIZE A LIABILITY FOR ANY UNCERTAIN TAX POSITIONS FOR INTEREST, PENALTIES OR POTENTIAL TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. MEDC'S ANNUAL FEDERAL RETURN FILING (FORM 990) AND NEW HAMPSHIRE ANNUAL REPORT (NHCT-12) REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS FOR THE STANDARD THREE-YEAR STATUTE OF LIMITATIONS. MEDC PRODUCTION AVE. LLC AND HEBERTON ADVANCEMENT LLC, ARE FOR PROFIT SUBSIDIARIES AND ARE TAXED AS SINGLE MEMBER LLC ENTITIES, WHICH ARE DISREGARDED AT THE FEDERAL LEVEL. RAILROAD LAND DEVELOPMENT LLC, MEDC PRODUCTION AVE. LLC, HEBERTON ADVANCEMENT LLC, AND 76 WINTER STREET LLC ARE CONSOLIDATED AS PART OF MEDC'S NON-PROFIT TAX FILING. X FORGIVENESS OF DEBT 2 2500803 REMAINING LOAN PRINC 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF THE FORM 990 AND INDEPENDENT AUDITORS' REPORT IS CONDUCTED BY THE TREASURER AND PRESIDENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO REVIEW THE POLICY, DISCLOSE ANY CONFLICTS, AND CERTIFY EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS REVIEWS AND APPROVES MANAGEMENT COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE OFFICE WHERE THE RECORDS ARE MAINTAINED. RAILROAD LAND DEVELOPMENT LLC 51 RAILROAD STREET KEENE NH 03431 205431632 DEVELOPMENT, CONSTRUCTION NH N/A 33 WINTER STREET LLC 51 RAILROAD STREET KEENE NH 03431 DEVELOPMENT, CONSTRUCTION NH N/A HEBERTON ADVANCEMENT LLC 51 RAILROAD STREET KEENE NH 03431 822405189 DEVELOPMENT, CONSTRUCTION NH N/A