BUSINESS AND INDUSTRY ASSOCIATION OF NH

EIN: 020172300

CONCORD, NH

Total Revenue
$1,454,737
Total Expenses
$1,501,245
Total Assets
$1,825,813
Net Assets
$1,469,288
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NH
Principal Officer
MICHAEL SKELTON
Phone
6032245388
Tax Period
2024-01-01 to 2024-12-31

BUSINESS AND INDUSTRY ASSOCIATION OF NH, founded in 1970, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024.

Mission

TO PROMOTE A HEALTHY CLIMATE FOR JOB CREATION AND A STRONG NEW HAMPSHIRE ECONOMY. THROUGH ADVOCACY WITH STATE LEGISLATORS AND REGULATORS, THE ORGANIZATION SHAPES BUSINESS-FRIENDLY PUBLIC POLICY AND PROVIDES COUNTERBALANCE TO LEGISLATION AND REGULATION THAT THREATENS THE GROWTH AND PROSPERITY OF NEW HAMPSHIRE BUSINESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $924,681
Program Service Revenue $199,606
Investment Income $27,089
Other Revenue $303,361
TOTAL REVENUE $1,454,737

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,065,417
Fundraising Expenses $0
Other Expenses $435,828
TOTAL EXPENSES $1,501,245

Year-over-Year Comparison

2024 2023 Change
Revenue $1,454,737 $1,498,497 0.0%
Expenses $1,501,245 $1,506,540 0.0%
Net Income $-46,508 $-8,043 +4.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
78
Independent Members
77
Employees
7
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$288,123
Total Directors
77
$288,123
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE GARFIELD CHAIR 1.00
Officer Director
$0 $0 $0
BRYAN GRANGER CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
JOHN KACAVAS PAST CHAIR 1.00
Officer Director
$0 $0 $0
STEPHEN LAWLOR TREASURER 1.00
Officer Director
$0 $0 $0
SCOTT ELLISON SECRETARY 1.00
Officer Director
$0 $0 $0
MIKE SKELTON PRESIDENT 40.00
Officer Director
$254,360 $33,763 $288,123
GINAMARIE ALVINO DIRECTOR 1.00
Director
$0 $0 $0
RAYMOND BROUSSEAU DIRECTOR 1.00
Director
$0 $0 $0
JAMIE BURNETT DIRECTOR 1.00
Director
$0 $0 $0
SUSANNAH CHANCE DIRECTOR 1.00
Director
$0 $0 $0
PATRICK CLOSSON DIRECTOR 1.00
Director
$0 $0 $0
ROBERT DAPICE DIRECTOR 1.00
Director
$0 $0 $0
JOHN GILBERT DIRECTOR 1.00
Director
$0 $0 $0
BRIEN MURPHY DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH MURRAY DIRECTOR 1.00
Director
$0 $0 $0
NEIL PROUDMAN DIRECTOR 1.00
Director
$0 $0 $0
MARIA PROULX DIRECTOR 1.00
Director
$0 $0 $0
TOM RAFFIO DIRECTOR 1.00
Director
$0 $0 $0
JOE SHEAN DIRECTOR 1.00
Director
$0 $0 $0
KENNETH SHELDON DIRECTOR 1.00
Director
$0 $0 $0
CURTIS SIMARD DIRECTOR 1.00
Director
$0 $0 $0
KATHRYN SKOUTERIS DIRECTOR 1.00
Director
$0 $0 $0
EVAN SMITH DIRECTOR 1.00
Director
$0 $0 $0
VENU SUNKARA DIRECTOR 1.00
Director
$0 $0 $0
CHRISTIANA THORNTON DIRECTOR 1.00
Director
$0 $0 $0
LESLIE WALKER DIRECTOR 1.00
Director
$0 $0 $0
DICK ANAGNOST DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY ARCHER DIRECTOR 1.00
Director
$0 $0 $0
TRAVIS ASHFORD DIRECTOR 1.00
Director
$0 $0 $0
KENNETH BOIVIN DIRECTOR 1.00
Director
$0 $0 $0
KAT BOURQUE DIRECTOR 1.00
Director
$0 $0 $0
KEVIN BOYARSKY DIRECTOR 1.00
Director
$0 $0 $0
KATE BURNS DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH CARELLI DIRECTOR 1.00
Director
$0 $0 $0
MARK CIBOROWSKI DIRECTOR 1.00
Director
$0 $0 $0
RYAN CLARK DIRECTOR 1.00
Director
$0 $0 $0
ROBERT COATES DIRECTOR 1.00
Director
$0 $0 $0
CHERYL COLETTI-LAWSON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL COSTA DIRECTOR 1.00
Director
$0 $0 $0
ERIC CRAINICH DIRECTOR 1.00
Director
$0 $0 $0
ANDREW CURLAND DIRECTOR 1.00
Director
$0 $0 $0
JIM FAULHABER DIRECTOR 1.00
Director
$0 $0 $0
PETER FRID DIRECTOR 1.00
Director
$0 $0 $0
PETER GIORNO DIRECTOR 1.00
Director
$0 $0 $0
DAVID GREER DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW HOUDE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER HODGDON DIRECTOR 1.00
Director
$0 $0 $0
WENDY HUNT DIRECTOR 1.00
Director
$0 $0 $0
STEVE JANICEK DIRECTOR 1.00
Director
$0 $0 $0
THEODORE KITCHENS DIRECTOR 1.00
Director
$0 $0 $0
LEONEL KLASSEN DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN LAPOINTE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN LAW DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER LOGAN DIRECTOR 1.00
Director
$0 $0 $0
JOEL MAIOLA DIRECTOR 1.00
Director
$0 $0 $0
LARRY MAJOR JR DIRECTOR 1.00
Director
$0 $0 $0
DON MARSOLINI DIRECTOR 1.00
Director
$0 $0 $0
JIM MERRILL DIRECTOR 1.00
Director
$0 $0 $0
JOSEPHINE MORAN DIRECTOR 1.00
Director
$0 $0 $0
LINDSAY NADEAU DIRECTOR 1.00
Director
$0 $0 $0
MARIAN NORONHA DIRECTOR 1.00
Director
$0 $0 $0
JOHN NYHAN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL O'REILLY DIRECTOR 1.00
Director
$0 $0 $0
EJ POWERS DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE PROVENCHER DIRECTOR 1.00
Director
$0 $0 $0
JAMES REIDY DIRECTOR 1.00
Director
$0 $0 $0
MIKE RIZZO DIRECTOR 1.00
Director
$0 $0 $0
DENIS ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
RON ROOPE DIRECTOR 1.00
Director
$0 $0 $0
VERONICA ROSA DIRECTOR 1.00
Director
$0 $0 $0
MARK RUBINSTEIN DIRECTOR 1.00
Director
$0 $0 $0
GREGG RUBINSTEIN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL VLACICH DIRECTOR 1.00
Director
$0 $0 $0
ALEX WALKER DIRECTOR 1.00
Director
$0 $0 $0
THOMAS WHITE DIRECTOR 1.00
Director
$0 $0 $0
VAL ZANCHUK DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,454,737 $1,501,245 $1,825,813 $-46,508
2023 $1,498,497 $1,506,540 $1,576,170 $-8,043
2022 $1,470,879 $1,427,112 $1,619,808 $43,767
2021 $1,675,745 $1,350,707 $1,654,576 $325,038
2020 $1,369,349 $1,370,973 $1,237,419 $-1,624
2019 $1,540,532 $1,490,107 $1,244,164 $50,425
2018 $1,452,552 $1,536,668 $1,039,402 $-84,116
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