UNITED WAY OF GREATER NASHUA INC

EIN: 026015642 501(c)(3) Philanthropy & Grantmaking

NASHUA, NH

Total Revenue
$1,977,710
Total Expenses
$1,868,920
Total Assets
$1,708,448
Net Assets
$1,413,170
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
NH
Principal Officer
PETER CHALONER
Phone
6038824011
Tax Period
2024-10-01 to 2025-09-30

UNITED WAY OF GREATER NASHUA INC, founded in 1954, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.9M left a modest 6% surplus.

Mission

SUPPORT OF COMMUNTIY PROGRAMS.

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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 $1,699,074
Program Service Revenue $51,931
Investment Income $48,157
Other Revenue $178,548
TOTAL REVENUE $1,977,710

Expense Breakdown

Grants Paid $111,872
Salaries & Benefits $330,778
Fundraising Expenses $120,744
Program Expenses $1,594,846
Other Expenses $1,426,270
TOTAL EXPENSES $1,868,920

Year-over-Year Comparison

2024 2023 Change
Revenue $1,977,710 $2,099,121 -0.1%
Expenses $1,868,920 $2,146,786 -0.1%
Net Income $108,790 $-47,665 -3.3%
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
11
Independent Members
11
Employees
20
Volunteers
850

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
4
$109,297
Total Directors
11
$0
Key Employees
1
$109,297
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL APFELBERG PRESIDENT 037.50
Officer Key Emp
$109,297 $0 $109,297
DR AMIR TOOSI GOVERNANCE CHAIR 008.00
Officer Director
$0 $0 $0
ROBERT MACK AT LARGE MEMBER 002.00
Director
$0 $0 $0
PAULA MORAN SECRETARY 004.00
Officer Director
$0 $0 $0
JAY MINKARAH COMMUNITY ASSESSMENT CHAIR 004.00
Director
$0 $0 $0
LISA URA BOLLINGER ESQ AT LARGE MEMBER 004.00
Director
$0 $0 $0
PETER CHALONER TREASURER FINANCE COMMITTEE CHAIR 008.00
Officer Director
$0 $0 $0
JAY DINKEL COMMUNITY INVESTMENT CHAIR 003.00
Director
$0 $0 $0
MICHAEL REID COMMUNITY ADVISORY COUNCIL CHAIR 002.00
Director
$0 $0 $0
DANIEL MUNROE IMMEDIATE PAST CHAIR GOVERNANCE BOARD 004.00
Director
$0 $0 $0
ROBERT LARMOUTH NOMINATING CHAIR 002.00
Director
$0 $0 $0
MATTHEW PLANTE RD COMMITTEE CHAIR 004.00
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 $1,977,710 $1,868,920 $1,708,448 $108,790
2024 $2,099,121 $2,146,786 $1,720,824 $-47,665
2023 $2,306,924 $2,458,519 $1,731,497 $-151,595
2022 $2,501,353 $2,411,077 $1,945,140 $90,276
2021 $2,418,474 $2,326,866 $1,859,412 $91,608
2020 $2,164,532 $1,532,505 $1,734,954 $632,027
2019 $1,515,185 $1,567,177 $1,021,428 $-51,992
2018 $1,315,686 $1,310,586 $1,081,067 $5,100
2018 $1,315,686 $1,310,586 $1,081,067 $5,100
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