CARTER COMMUNITY BUILDING ASSOCIATION

EIN: 020222116 501(c)(3) Recreation & Sports

LEBANON, NH

Total Revenue
$2,875,794
Total Expenses
$2,406,819
Total Assets
$8,907,862
Net Assets
$8,518,671
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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
NH
Principal Officer
MARINA BURNS
Phone
6034486477
Tax Period
2023-01-01 to 2023-12-31

CARTER COMMUNITY BUILDING ASSOCIATION, founded in 1919, is a community nonprofit in the Recreation & Sports sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $469K, a strong 16% operating margin.

Mission

THE CCBA PROVIDES A WIDE VARIETY OF RECREATIONAL SERVICES INCLUDING EXERCISE OR FITNESS FACILITIES AND PROGRAMS, A CHILDREN'S DROP-IN CENTER AND ACTIVITIES PROGRAMS, YOUTH SPORTS INSTRUCTION, ATHLETIC TEAMS AND LEAGUES FOR YOUTH AND ADULTS, AND LEISURE FACILITIES AND EVENTS.

Program Service Accomplishments

Program 1
Expenses: $1,952,954 Revenue: $1,965,929

FEES CHARGED FOR USE OF EXERCISE FACILITIES AND PARTICIPATION IN PROGRAMS ARE THE CCBA'S PRIMARY SOURCE OF SUPPORT. THEY PAY FOR MOST OPERATING EXPENSES (E.G., PERSONNEL, UTILITIES, BUILDING AND...

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FEES CHARGED FOR USE OF EXERCISE FACILITIES AND PARTICIPATION IN PROGRAMS ARE THE CCBA'S PRIMARY SOURCE OF SUPPORT. THEY PAY FOR MOST OPERATING EXPENSES (E.G., PERSONNEL, UTILITIES, BUILDING AND EQUIPMENT MAINTENANCE, AND OFFICE AND PROGRAM SUPPLIES). ENDOWMENT FUNDS, TRUST INCOME AND, IN SOME YEARS, FOUNDATION GRANTS ENABLE THE CCBA TO OFFSET AN ANNUAL OPERATING DEFICIT AND PAY FOR CAPITAL REPAIRS AND IMPROVEMENTS. NO MONIES ARE RECEIVED FROM THE MUNICIPAL, STATE, OR FEDERAL GOVERNMENTS. SOME FEES ARE SET "AT COST" (I.E., INCLUDING DIRECT AND INDIRECT EXPENSES) AND OTHERS ARE "DISCOUNTED." QUITE A FEW SERVICES ARE OFFERED AT NO CHARGE.EXAMPLES OF "AT COST" SERVICES ARE MOST WITHERELL RECREATION CENTER ADULT MEMBERSHIPS AND PROGRAMS SUCH AS SWIM LESSONS, PRESCHOOL ACTIVITIES CLASSES, AND DAY CAMPS. WE INTEND THESE FEES TO BE AFFORDABLE FOR MOST AREA RESIDENTS.EXAMPLES OF DISCOUNTED SERVICES INCLUDE WITHERELL RECREATION CENTER YOUTH, FAMILY, DISABLED ADULT, AND SENIOR MEMBERSHIPS. FEES FOR PROGRAMS SUCH AS YOUTH BASKETBALL AND VOLLEYBALL TEAMS ARE SUBSIDIZED AND NOMINAL FEES ARE CHARGED FOR SOME SPECIAL EVENTS SUCH AS THE "FAMILY VALENTINES DANCE". IN ADDITION, A "YOUTH SCHOLARSHIP FUND" ENABLES YOUNGSTERS TO RECEIVE WITHERELL RECREATION CENTER MEMBERSHIPS AND PARTICIPATE IN PROGRAMS AND SENIOR RATES ARE EXTENDED TO DISABLED ADULTS OF ALL AGES. FURTHER, BUSINESSES AND ORGANIZATIONS MAY ENROLL THEIR EMPLOYEES IN OUR "CORPORATE ASSOCIATE" DISCOUNT PROGRAM.EXAMPLES OF FREE SERVICES INCLUDE THE CHILDREN'S DROP-IN CENTER AT THE CARTER COMMUNITY BUILDING, BASKETBALL AND TENNIS COURTS AND CHILDREN'S PLAY SPACES IN OUR IRENE DECATO MEMORIAL PARK AND FRANK P. CANILLAS RECREATION AREA, AND SPECIAL EVENTS SUCH AS "FALL FEST AND AN ANNUAL "EASTER EGG HUNT."

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $425,802
Program Service Revenue $1,957,824
Investment Income $401,097
Other Revenue $91,071
TOTAL REVENUE $2,875,794

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,312,373
Fundraising Expenses $70,473
Program Expenses $1,952,954
Other Expenses $1,094,446
TOTAL EXPENSES $2,406,819

Year-over-Year Comparison

2023 2022 Change
Revenue $2,875,794 $1,929,866 +0.5%
Expenses $2,406,819 $1,951,515 +0.2%
Net Income $468,975 $-21,649 -22.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
141
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
7
$108,100
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW BROWN TRUSTEE 1.00
Director
$0 $0 $0
RYAN FLATLEY TRUSTEE AS OF 3/23 1.00
Director
$0 $0 $0
BOB LEACH TRUSTEE 1.00
Director
$0 $0 $0
SCOTT BARDEN TREASURER THRU 3/23, THEN TRUSTEE 1.00
Officer Director
$0 $0 $0
ANDY LADYGIN TRUSTEE AS OF 3/23 1.00
Director
$0 $0 $0
PETER LAPRE VICE CHAIR AS OF 3/23 1.00
Officer Director
$0 $0 $0
BRUCE ADAMS CHAIR 1.00
Officer Director
$0 $0 $0
BROOKE HERNDON SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN WARE TRUSTEE 1.00
Director
$0 $0 $0
MARINA BURNS TREASURER AS OF 3/23 1.00
Officer Director
$0 $0 $0
ASHLEY WOOD TRUSTEE AS OF 3/23 1.00
Director
$0 $0 $0
JEN ELLMS TRUSTEE 1.00
Director
$0 $0 $0
WARREN KLECAN VICE CHAIR THRU 3/23 1.00
Officer Director
$0 $0 $0
BETSY DONKA TRUSTEE THRU 3/23 1.00
Director
$0 $0 $0
MICHELLE LECLAIR CINQUEMANI TRUSTEE THRU 3/23 1.00
Director
$0 $0 $0
KERRY ARTMAN EXECUTIVE DIRECTOR 40.00
Officer
$108,100 $0 $108,100
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 No data No data No data No data
2024 No data No data No data No data
2023 $2,875,794 $2,406,819 $8,907,862 $468,975
2022 $1,929,866 $1,951,515 $7,717,591 $-21,649
2021 $2,473,959 $1,614,028 $8,967,998 $859,931
2020 $1,796,556 $1,459,691 $8,229,541 $336,865
2019 $1,676,275 $1,857,843 $7,489,605 $-181,568
2018 $1,723,033 $2,054,818 $6,854,134 $-331,785
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