PARTRIDGE LAKE PROPERTY OWNERS ASSOCIATION

EIN: 753211315 501(c)(3) Environment

LITTLETON, NH

Total Revenue
$289,524
Total Expenses
$254,634
Total Assets
$109,721
Net Assets
$109,721
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NH
Principal Officer
JILL COREY
Phone
6034440451
Tax Period
2025-01-01 to 2025-12-31

PARTRIDGE LAKE PROPERTY OWNERS ASSOCIATION, founded in 2006, is a small nonprofit in the Environment sector that reported $290K in total revenue in fiscal year 2025. Revenue surged 334% from the prior year, signaling strong growth momentum. Expenses of $255K left a modest 12% surplus.

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO PROMOTE THE PRESERVATION AND CONSERVATION OF PARTRIDGE LAKE BY PROMOTING PROGRAMS TO ENHANCE THE ECOLOGY OF THE LAKE, TO ENSURE THE PROTECTION OF PROPERTY THROUGH PROGRAMS AIMED AT REDUCING POLLUTION, TO PROMOTE REASONABLE AND BALANCED USE OF THE LAKE, AND TO ENHANCE THE CONSERVATION OF THE SHORE LAND AND OTHER AREAS AROUND THE LAKE.

Program Service Accomplishments

Program 1
Expenses: $254,634 Revenue: $275,791

DURING 2025 THE ORGANIZATION CONDUCTED A MAJOR CYANOBACTERIA MITIGATION PROGRAM AS WELL AS ONGOING WATER TESTING AND WATER QUALITY IMPROVEMENTS.

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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 $287,092
Program Service Revenue $0
Investment Income $2,016
Other Revenue $416
TOTAL REVENUE $289,524

Expense Breakdown

Grants Paid $575
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $254,634
Other Expenses $254,059
TOTAL EXPENSES $254,634

Year-over-Year Comparison

2025 2024 Change
Revenue $289,524 $66,644 +3.3%
Expenses $254,634 $37,493 +5.8%
Net Income $34,890 $29,151 +0.2%
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
15
Independent Members
15
Employees
N/A
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NINA JOHANNESSEN COPRESIDENT 0.50
Officer Director
$0 $0 $0
KATHY KREJCI COPRESIDENT 0.50
Officer Director
$0 $0 $0
LAURIE BUTSON SECRETARY 0.50
Officer Director
$0 $0 $0
JILL COREY TREASURER 0.50
Officer Director
$0 $0 $0
JEANNE BURDETTE DIRECTOR 0.50
Director
$0 $0 $0
KEVIN KEE DIRECTOR 0.50
Director
$0 $0 $0
DAVID MERRILL DIRECTOR 0.50
Director
$0 $0 $0
PAM PARKER DIRECTOR 0.50
Director
$0 $0 $0
BERT BECHTEL DIRECTOR 0.50
Director
$0 $0 $0
TOM ALLEN DIRECTOR 0.50
Director
$0 $0 $0
LYNN PACE-CRAIG DIRECTOR 0.50
Director
$0 $0 $0
TOM NORRIS DIRECTOR 0.50
Director
$0 $0 $0
SCOTT MANNING DIRECTOR 0.50
Director
$0 $0 $0
CATHY PARKER DIRECTOR 0.50
Director
$0 $0 $0
LISA MORELLO DIRECTOR 0.50
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 $289,524 $254,634 $109,721 $34,890
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