NEW HAMPSHIRE LODGING AND RESTAURANT ASSOCIATION

EIN: 020216783

Concord, NH

Total Revenue
$625,024
Total Expenses
$656,955
Total Assets
$693,909
Net Assets
$79,922
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NH
Phone
6032289585
Tax Period
2023-01-01 to 2023-12-31

NEW HAMPSHIRE LODGING AND RESTAURANT ASSOCIATION, founded in 1974, is a small nonprofit that reported $625K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE AND SUPPORT THE NEW HAMPSHIRE HOSPITALITY INDUSTRY

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDES VARIOUS MEMBER PROGRAMS INCLUDING EDUCATION AND TRAINING SEMINARS, LEGISLATIVE SERVICES, AND AN ANNUAL AWARDS DINNER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $357,910
Program Service Revenue $244,268
Investment Income $6,528
Other Revenue $16,318
TOTAL REVENUE $625,024

Expense Breakdown

Grants Paid $0
Salaries & Benefits $401,537
Fundraising Expenses $0
Other Expenses $255,418
TOTAL EXPENSES $656,955

Year-over-Year Comparison

2023 2022 Change
Revenue $625,024 $571,930 +0.1%
Expenses $656,955 $588,685 +0.1%
Net Income $-31,931 $-16,755 +0.9%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
23
Independent Members
23
Employees
4
Volunteers
10

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
$127,317
Total Directors
24
$127,317
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Somers President & CEO 40.00
Officer Director
$127,317 $0 $127,317
Amy LaBelle Director 1.00
Director
$0 $0 $0
Andrea Weeks Director 1.00
Director
$0 $0 $0
Annie Kenney Vice President 1.00
Officer Director
$0 $0 $0
Bernie Lontine Vice President 1.00
Officer Director
$0 $0 $0
Brian Ferguson Vice President 1.00
Officer Director
$0 $0 $0
Erika Rosenfeld Director 1.00
Director
$0 $0 $0
Gia Bonilla Director 1.00
Director
$0 $0 $0
Heidi Milbrand Secretary 1.00
Officer Director
$0 $0 $0
Jeff Stevens Director 1.00
Director
$0 $0 $0
Jessica Wilson Director 1.00
Director
$0 $0 $0
Josh Power Director 1.00
Director
$0 $0 $0
Justin Clutter Director 1.00
Director
$0 $0 $0
Kate Young Director 1.00
Director
$0 $0 $0
Kory Brunell Director 1.00
Director
$0 $0 $0
Marc Lemenager Director 1.00
Director
$0 $0 $0
Marc Siragusa Director 1.00
Director
$0 $0 $0
Molly Rice-Norby Director 1.00
Director
$0 $0 $0
Nicole Barreira President 1.00
Officer Director
$0 $0 $0
Patrick Corey Director 1.00
Director
$0 $0 $0
Paul Ramsey Director 1.00
Director
$0 $0 $0
Purvish Patel Director 1.00
Director
$0 $0 $0
Rich McKenney Director 1.00
Director
$0 $0 $0
Troy Bergeron 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $625,024 $656,955 $693,909 $-31,931
2022 $571,930 $588,685 $742,280 $-16,755
2021 $690,976 $602,696 $788,383 $88,280
2020 $560,631 $508,101 $721,033 $52,530
2019 $646,189 $569,917 $562,729 $76,272
2018 $639,847 $629,009 $509,087 $10,838
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