2026-02-02T15:55:48-05:00 2025-09-30 020437417 Cindy Courtney CPA CFP PLLC 64 Lafayette Road S7 North Hampton NH 03862 990 2024-10-01 020385121 GRANITE STATE ECONOMIC DEVELOPMENT CORP % STEVE ALDRICH GRAN 6034360009 1 CATE ST 3RD FLOOR PORTSMOUTH NH 038017108 STEVE ALDRICH PRESIDENT 6034360009 2025-12-01 true true CINDY COURTNEY P01259245 6039642988 2026-02-02 X 2024 2025-03-06 01:10:19Z 15517995 false X WWW.GRANITESTATEDEV.COM X 1982 NH TO CREATE ECONOMIC DEVELOPMENT BY ASSISTING BUSINESSES TO ACQUIRE SBA 504 FINANCING TO EXPAND THEIR BUSINESSES BY ACQUIRING, RENOVATING OR CONSTRUCTING REAL ESTATE AND/OR ACQUIRING MACHINERY & EQUIPMENT. THE EXPANDED BUSINESSES LEAD TO THE CREATION AND/OR RETENTION OF JOBS. 9 9 29 0 0 0 8541027 9534275 1799737 1691461 0 10340764 11225736 396061 300500 0 6161535 6956038 0 0 1491196 1935304 8048792 9191842 2291972 2033894 25295149 27804367 4452492 4628376 20842657 23175991 TO CREATE ECONOMIC DEVELOPMENT BY ASSISTING BUSINESSES TO ACQUIRE SBA 504 FINANCING TO EXPAND THEIR BUSINESSES BY ACQUIRING, RENOVATING OR CONSTRUCTING REAL ESTATE AND/OR ACQUIRING MACHINERY & EQUIPMENT. THE EXPANDED BUSINESSES LEAD TO THE CREATION AND/OR RETENTION OF JOBS. false false 8125052 300500 TO CREATE ECONOMIC DEVELOPMENT BY ASSISTING BUSINESSES TO ACQUIRE SBA 504 FINANCING TO EXPAND THEIR BUSINESSES BY ACQUIRING, RENOVATING OR CONSTRUCTING REAL ESTATE AND/OR ACQUIRING MACHINERY & EQUIPMENT. THE EXPANDED BUSINESSES LEAD TO THE CREATION AND/OR RETENTION OF JOBS WITHIN THE STATES OF OPERATIONS, INCLUDING MAINE, NEW HAMPSHIRE, VERMONT AND MASSACHUSETTS. 8125052 false false false false false false false false false true false false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false true 15 0 true 29 true false false false false false false false false X 9 9 false false false false true true true true true false false true true true true false false true true false X STEVE ALDRICH 6034360009 1 CATE ST PORTSMOUTH NH 03801 STEVE ALDRICH PRESIDENT 40.00 0.00 X 481300 0 95214 FRED PALAZZOLO SENIOR VICE PRESIDENT 40.00 0.00 X 436475 0 88597 SEAN FITZGERALD VICE PRESIDENT 40.00 0.00 X 310400 0 97652 PAUL COLLINS VICE PRESIDENT 40.00 0.00 X 290000 0 88864 PAM BAILEY VICE PRESIDENT 40.00 0.00 X 250200 0 60782 ROBIN LAPOINTE VICE PRESIDENT 40.00 0.00 X 237500 0 54722 MATTHEW COLLINS VICE PRESIDENT 40.00 0.00 X 229275 0 50780 BARBARA ARENA VICE PRESIDENT 40.00 0.00 X 208850 0 61389 CARISSA MURRAY VICE PRESIDENT 40.00 0.00 X 200500 0 57753 TRACY GAYLORD VICE PRESIDENT 40.00 0.00 X 215550 0 40900 ETHAN SWAIN VICE PRESIDENT 40.00 0.00 X 197282 0 58915 LISA MOUSSEAU KEY EMPLOYEE 40.00 0.00 X 196800 0 55955 ASHLEY MCCARTHY EMPLOYEE 40.00 0.00 X 163500 0 56129 PIERRE DURAND EMPLOYEE 40.00 0.00 X 136350 0 49040 JACLYN ST ONGE EMPLOYEE 40.00 0.00 X 127400 0 44684 CATHY PICARDO EMPLOYEE 40.00 0.00 X 127000 0 40083 ALAN ABRAHAM FORMER EMPLOYEE 0.00 0.00 X 165000 0 0 SCOTT GARDINER FORMER EMPLOYEE 0.00 0.00 X 165000 0 0 BRANDT ABRAHAM EMPLOYEE 40.00 0.00 X 124194 0 30381 BIRGIT CHRISTIANSEN DIRECTOR 1.50 0.00 X 0 0 0 NANCY CARMER DIRECTOR 1.50 0.00 X 0 0 0 DAVID GOMPERS DIRECTOR 1.50 0.00 X 0 0 0 PAUL BERGERON DIRECTOR 1.50 0.00 X 0 0 0 JEFF ANGERS DIRECTOR 1.50 0.00 X 0 0 0 WILLIAM POWERS DIRECTOR 1.50 0.00 X 0 0 0 MARY DRISCOLL DIRECTOR 1.50 0.00 X 0 0 0 CAROLYN CLOUTIER DIRECTOR 1.50 0.00 X 0 0 0 4262576 0 1031840 19 true true false SCHWARTZ AND ASSOCIATES PO BOX 466 DURHAM NH 03824 CLOSING ATTORNEYS 342300 1 LOAN PROCESS & SERVICE 522200 9534275 9534275 9534275 1636720 1636720 4347000 4292259 -4292259 4347000 54741 54741 0 11225736 11225736 0 0 300500 300500 6047339 5341834 705505 464975 409178 55797 90570 79701 10869 47573 41864 5709 305581 268911 36670 358859 340916 17943 47200 47200 38988 34309 4679 167560 167560 200497 176437 24060 102195 89932 12263 20772 18279 2493 46803 46803 APPRAISALS & STUDIES 44534 44534 NH BET TAX 17369 17369 MARKETING & PROMOTIONAL 85479 85479 REPAIRS & MAINTENANCE 245364 233096 12268 559684 492522 67162 9191842 8125052 1066790 0 3817841 3740789 1433331 1362535 2064785 16832700 52791 52777 1334750 505563 163108 829187 17763293 4986379 25295149 27804367 1645686 2291294 270100 270100 2536706 2066982 4452492 4628376 X 20842657 23175991 20842657 23175991 25295149 27804367 2033894 299440 0 X false true X true false 1334750 505563 829187 829187 DEFERRED COMPENSATION PAYABLE 2066982 2066982 11525175 299439 299439 11225736 11225736 9191842 9191842 9191842 true UTEC INC PO BOX 7066 LOWELL MA 01852 383669532 501C3 25000 EDUCATION AND JOB TRAINING UNIVERSITY OF NEW HAMPSHIRE 501 MAIN ST HAMPTON NH 03824 020437506 501C3 100500 SCHOLARSHIPS FOR BUSINESS STUDENTS VERMONT COMMUNITY LOAN CENTER PO BOX 827 MONTPELIER VT 05601 222864900 501C3 25000 FOR COMMUNITY LOANS GIRLS INC PO BOX 6812 HOLYOKE MA 01041 042748244 501C3 12500 EDUCATION JOB TRAINING NEW HAMPSHIRE SMALL BUSINESS DEV CT 9 EDGEWOOD RD DURHAM NH 03824 020437506 501C3 15000 DEVELOP SMALL BUSINESS CHILDRENS MUSEUM 6 WASHINGTON ST DOVER NH 03820 020363746 501C3 10000 ONGOING CHILDRENS PROGRAM SUPPORT SEEDS OF HOPE 35 SOUTH ST NAPLES ME 04055 300693703 501C3 10000 KITCHEN RENOVATION NEW ENGLAND VILLAGE 664 SCHOOL ST PEMBROKE MA 02359 046144180 501C3 12500 DEVELOPMENTAL DISABILITIES TRAINING KITTERY LAND TRUST PO BOX 467 KITTERY ME 03904 222858759 501C3 12500 CONSERVATION BOXES OF LOVE FOR THE HOMELESS 172 LANFORD RD CANDIA NH 03034 843605114 501C3 12500 COMMUNITY CAPITAL OF VERMONT PO BOX 342 BARRE VT 05641 043642655 501C3 25000 USM FOUNDATION PO BOX 9300 PORTLAND ME 04104 043350930 501C3 15000 THE CENTER FOR GRIEVING CHILDREN 555 FOREST AVENUE Portland ME 04101 010431501 501C3 12500 X true true X X X X X true true false false false false false false false ALAN ABRAHAM FORMER EMPLOYEE 165000 165000 SCOTT GARDINER FORMER EMPLOYEE 165000 165000 STEVE ALDRICH PRESIDENT 456300 25000 61000 34214 576514 PAM BAILEY VICE PRESIDENT 250200 44030 16752 310982 ETHAN SWAIN VICE PRESIDENT 173100 24182 41600 17315 256197 FRED PALAZZOLO SENIOR VICE PRESIDENT 416475 20000 61000 27597 525072 MATTHEW COLLINS VICE PRESIDENT 185400 43875 50780 280055 ROBIN LAPOINTE VICE PRESIDENT 237500 39703 15019 292222 BARBARA ARENA VICE PRESIDENT 172850 36000 43450 17939 270239 CARISSA MURRAY VICE PRESIDENT 200500 34067 23686 258253 SEAN FITZGERALD VICE PRESIDENT 207400 103000 61000 36652 408052 PAUL COLLINS VICE PRESIDENT 200000 90000 61000 27864 378864 TRACY GAYLORD VICE PRESIDENT 173550 42000 40900 256450 LISA MOUSSEAU KEY EMPLOYEE 196800 31300 24655 252755 CATHY PICARDO EMPLOYEE 127000 24350 15733 167083 ASHLEY MCCARTHY EMPLOYEE 163500 28751 27378 219629 PIERRE DURAND EMPLOYEE 136350 24600 24440 185390 BRANDT ABRAHAM EMPLOYEE 90800 33394 24025 6356 154575 JACLYN ST ONGE EMPLOYEE 127400 20883 23801 172084 Members or stockholder classes and rights Part VI line 6 THE ORGANIZATION IS A NOT-FOR-PROFIT PUBLIC BENEFIT CORPORATION AND IS GOVERNED BY BOARD MEMBERS. Member election for additional members Part VI line 7a THE MEMBERS OF THE BOARD VOTE FOR THE BOARD OF DIRECTORS Governing body decisions Part VI line 7b THE BOARD MEMBERS APPROVE AND VOTE FOR ANY ADDITIONAL BOARD MEMBERS. Form 990 governing body review Part VI line 11 THE PRESIDENT/DIRECTOR REVIEWS THE INCOME TAX RETURN WITH THE ACCOUNTANT. AFTER THIS REVIEW, THE RETURN IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW. Conflict of interest policy compliance Part VI line 12c THE EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY OR AS THEY ARISE. CEO executive director top management comp Part VI line 15a THE COMPENSATION COMMITTEE REVIEWS THE CURRENT COMPANY EXECUTIVE COMPENSATION STRUCTURE BASED UPON INFORMATION AND DATA PERIODICALLY PROVIDED BY AN INDEPENDENT NATIONAL COMPENSATION FIRM. THEIR REPORT SUPPLIED INFORMATION AND DATA REGARDING PROFESSIONAL PRACTICES WITHIN THE INDUSTRY AND REGION TO ENSURE THAT CURRENT COMPANY PRACTICES RELATED TO COMPENSATION ARE REASONABLE AND PRUDENT. Other officer or key employee compensation Part VI line 15b THE COMPENSATION COMMITTEE REVIEWS THE CURRENT SENIOR MANAGEMENT COMPENSATION STRUCTURES BASED UPON INFORMATION AND DATA PERIODIALLY PROVIDED BY AN INDEPENDENT NATIONAL COMPENSATION FIRM. THEIR REPORT SUPPLIED INFORMATION AND DATA REGARDING PROFESSIONAL PRACTICES WITHIN THE INDUSTRY AND REGION TO ENSURE THAT CURRENT COMPANY PRACTICES RELATED TO COMPENSATION ARE REASONABLE AND PRUDENT. Governing documents etc available to public Part VI line 19 THE ORGANIZATION PROVIDES COPIES OF ITS TAX RETURN TO THE PUBLIC UPON REQUEST.