GRANITE UNITED WAY

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1927

Legal Domicile

Principal Officer

JOSEPH BATOR

Phone

6032242595

Tax Period

2024-07-01 to 2025-06-30

GRANITE UNITED WAY, founded in 1927, is a mid-sized nonprofit that reported $13.2M in total revenue in fiscal year 2024.

Mission

GRANITE UNITED WAY ENGAGES 20,000 DONORS AND VOLUNTEERS AND HUNDREDS OF LOCAL DECISION MAKING VOLUNTEERS TO RAISE AND INVEST LOCAL DOLLARS FOR OUR COMMUNITIES. WE ARE LEADING CHANGE, CREATING MORE EFFICIENT AND COLLABORATIVE NONPROFIT COMMUNITY SOLUTIONS.

Program Service Accomplishments

Program 1

Expenses: $2,345,293 Revenue: $5,383,150

GRANITE UNITED WAY UTILIZES A VOLUNTEER-DRIVEN PROCESS TO INVEST RESOURCES IN INITIATIVES AND PROGRAMS WHICH MAKE A DIFFERENCE IN 550,000 LIVES THROUGHOUT NH AND VT. BY TAPPING THE COMMUNITY'S...

GRANITE UNITED WAY UTILIZES A VOLUNTEER-DRIVEN PROCESS TO INVEST RESOURCES IN INITIATIVES AND PROGRAMS WHICH MAKE A DIFFERENCE IN 550,000 LIVES THROUGHOUT NH AND VT. BY TAPPING THE COMMUNITY'S EXPERTISE AND RESOURCES, WE EFFICIENTLY AND EFFECTIVELY REACH PEOPLE IN IMMEDIATE NEED AND SOLVE PROBLEMS FOR THE LONG TERM. WE TARGET ISSUES AT THE HEART OF A HEALTHY COMMUNITY AND OUR EFFORTS ARE FOCUSED ON BROAD AREAS OF IMPACT INCLUDING: EARLY EDUCATION AND LIFELONG OPPORTUNITIES FOR LEARNING; PHYSICAL AND MENTAL HEALTH; ECONOMIC STABILITY AND COMMUNITY WELLNESS.

Program 2

Expenses: $1,367,050 Revenue: $1,117,681

GRANITE UNITED WAY MANAGES NH 2-1-1 TO PROMOTE THE HEALTH AND WELL BEING OF ALL NEW HAMPSHIRE RESIDENTS BY SUPPORTING A COMPREHENSIVE STATEWIDE INFORMATION AND REFERRAL (I&R) SYSTEM THAT REMOVES...

GRANITE UNITED WAY MANAGES NH 2-1-1 TO PROMOTE THE HEALTH AND WELL BEING OF ALL NEW HAMPSHIRE RESIDENTS BY SUPPORTING A COMPREHENSIVE STATEWIDE INFORMATION AND REFERRAL (I&R) SYSTEM THAT REMOVES BARRIERS TO ACCESS HEALTH AND HUMAN SERVICES. THIS STATEWIDE I&R SERVICE IS ACCESSIBLE BY PHONE BY DIALING 2-1-1, ANY TIME, ANY DAY, AND THROUGH A SEARCHABLE DATABASE (WWW.211NH.ORG) ON THE WEB GUARANTEEING UNIVERSAL ACCESSIBILITY.

Program 3

Expenses: $1,399,286 Revenue: $1,541,724

IN PARTNERSHIP WITH THE STATE OF NH AND THE GOVERNOR'S OFFICE, GRANITE UNITED WAY ADMINISTERS THE RECOVERY FRIENDLY WORKPLACE INITIATIVE. THE RECOVERY FRIENDLY WORKPLACE INITIATIVE PROMOTES...

IN PARTNERSHIP WITH THE STATE OF NH AND THE GOVERNOR'S OFFICE, GRANITE UNITED WAY ADMINISTERS THE RECOVERY FRIENDLY WORKPLACE INITIATIVE. THE RECOVERY FRIENDLY WORKPLACE INITIATIVE PROMOTES INDIVIDUAL WELLNESS FOR GRANITE STATERS BY EMPOWERING WORKPLACES TO PROVIDE SUPPORT FOR PEOPLE RECOVERING FROM SUBSTANCE USE DISORDER. THE RECOVERY FRIENDLY WORKPLACE INITIATIVE GIVES BUSINESS OWNERS THE RESOURCES AND SUPPORT THEY NEED TO FOSTER A SUPPORTIVE ENVIRONMENT THAT ENCOURAGES THE SUCCESS OF THEIR EMPLOYEES IN RECOVERY. OVER 400 BUSINESSES IN NH ARE DESIGNATED RFWS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,876,420

Program Service Revenue $0

Investment Income $164,124

Other Revenue $150,371

TOTAL REVENUE $13,190,915

Expense Breakdown

Grants Paid $2,344,247

Salaries & Benefits $5,831,769

Fundraising Expenses $392,117

Program Expenses $12,507,929

Other Expenses $5,374,061

TOTAL EXPENSES $13,550,077

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,190,915	$12,533,396	+0.1%
Expenses	$13,550,077	$14,296,701	-0.1%
Net Income	$-359,162	$-1,763,305	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

6200

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

$289,838

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS DELARA JR	TREASURER	2.00	Officer Director	$0	$0	$0
KATHLEEN BIZARRO-THUNBERG	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM KEENA	SECRETARY	2.00	Officer Director	$0	$0	$0
TIMOTHY SOUCY	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH BATOR	CHAIR	2.00	Officer Director	$0	$0	$0
CHRIS EMOND	DIRECTOR	1.00	Director	$0	$0	$0
RANDY PERKINS	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA HOFLEY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
STACIA ANN MALONEY	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT COATES	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPHINE MORAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
HERSCHEL NACHLIS	DIRECTOR	1.00	Director	$0	$0	$0
RUSTY TALBOT	DIRECTOR	1.00	Director	$0	$0	$0
DAISY PIERCE	DIRECTOR	1.00	Director	$0	$0	$0
SARMAD SAMAN	DIRECTOR	1.00	Director	$0	$0	$0
NICK TOUMPAS	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK LLOYD	DIRECTOR	1.00	Director	$0	$0	$0
PAUL DEBASSIO	DIRECTOR	1.00	Director	$0	$0	$0
DIANA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
KYLE BARRY	DIRECTOR	1.00	Director	$0	$0	$0
COLBY GAMESTER	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA LACHANCE	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN SLATTERY	DIRECTOR	1.00	Director	$0	$0	$0
KELLI RIGGS	DIRECTOR	1.00	Director	$0	$0	$0
MAURA PALMER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
BETSEY RHYNHART	DIRECTOR	1.00	Director	$0	$0	$0
CINDY READ	CFO	40.00	Officer	$123,874	$25,357	$149,231
NICHOLE MARTIN REIMER	PRESIDENT & CEO (AS OF 12/24)	40.00	Officer	$132,538	$8,069	$140,607
SHANNON SWETT	CIO	40.00	Highest	$116,258	$23,534	$139,792
KIMBERLY WELCH	SVP	40.00	Highest	$105,025	$22,549	$127,574
PATRICK TUFTS	PRIOR PRESIDENT&CEO (THROUGH 12/24)	40.00		$263,347	$17,531	$280,878

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	$13,190,915	$13,550,077	$8,446,964	$-359,162
2024	$12,533,396	$14,296,701	$9,356,207	$-1,763,305
2023	$13,820,335	$15,213,744	$9,848,632	$-1,393,409
2022	$19,030,593	$15,717,373	$10,904,464	$3,313,220
2021	$13,169,428	$12,546,320	$7,959,568	$623,108
2020	$9,981,054	$8,677,846	$7,314,698	$1,303,208
2019	$9,400,149	$9,027,386	$7,710,165	$372,763