Northern Lights Housing Corporation C/O AHEAD Inc

EIN: 030272205 501(c)(3) Housing & Shelter

Littleton, NH

Total Revenue
$1,015,511
Total Expenses
$817,906
Total Assets
$1,784,784
Net Assets
$244,608
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NH
Principal Officer
Erik Becker
Phone
6034441377
Tax Period
2025-01-01 to 2025-12-31

Northern Lights Housing Corporation C/O AHEAD Inc, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2025. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 19% operating margin.

Mission

Develop, own and manage subsidized residential housing units and related facilities for qualified elderly and persons living with disabilities.

Program Service Accomplishments

Program 1
Expenses: $647,159 Revenue: $1,014,959

Provide subsidized rental housing for the elderly and disabled.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,014,959
Investment Income $552
Other Revenue $0
TOTAL REVENUE $1,015,511

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $647,159
Other Expenses $817,906
TOTAL EXPENSES $817,906

Year-over-Year Comparison

2025 2024 Change
Revenue $1,015,511 $844,289 +0.2%
Expenses $817,906 $747,785 +0.1%
Net Income $197,605 $96,504 +1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
5

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
$289,336
Total Directors
7
$289,336
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harrison Kanzler Executive Director 0.50
Officer Director
$0 $0 $120,277
Erik Becker President 0.50
Officer Director
$0 $0 $0
Angela Cleveland Vice President 0.50
Officer Director
$0 $0 $0
Melissa Blood Treasurer 0.50
Officer Director
$0 $0 $87,405
Christine Crespo Secretary 0.50
Officer Director
$0 $0 $81,654
Susan Retz Past President 0.50
Officer Director
$0 $0 $0
Mark Hesler Past Vice President 0.50
Officer 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 $1,015,511 $817,906 $1,784,784 $197,605
2024 $844,289 $747,785 $1,747,004 $96,504
2023 $785,259 $699,243 $1,687,160 $86,016
2022 $770,602 $725,237 $1,690,251 $45,365
2021 $753,630 $693,765 $1,590,776 $59,865
2020 $836,611 $729,535 $1,522,724 $107,076
2019 $829,101 $725,174 $1,471,556 $103,927
2018 $784,474 $701,903 $1,422,038 $82,571
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