UPPER VALLEY BUSINESS ALLIANCE

EIN: 843255631 Community Improvement

WEST LEBANON, NH

Total Revenue
$406,282
Total Expenses
$374,711
Total Assets
$291,249
Net Assets
$234,794
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NH
Principal Officer
TRACY HUTCHINS
Phone
6034481203
Tax Period
2024-01-01 to 2024-12-31

UPPER VALLEY BUSINESS ALLIANCE, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $406K in total revenue in fiscal year 2024. Expenses of $375K left a modest 8% surplus.

Mission

THE MISSION OF THE UPPER VALLEY BUSINESS ALLIANCE IS TO PROMOTE THE ECONOMIC DEVELOPMENT AND PROSPERITY OF THE COMMUNITIES WE SERVE, INCLUDING HANOVER, LEBANON, ENFIELD, PLAINFIELD, CANAAN AND GRANTHAM, NEW HAMPSHIRE AS WELL AS NORWICH, VERMONT. THE ORGANIZATION IS A MEMBERSHIP-BASED ORGANIZATION AND SERVES AS THE REGIONAL CHAMBER OF COMMERCE. THE ORGANIZATION OVERSEES AND COMMUNICATES PROPOSED STATE AND LOCAL LEGISLATION AND ORDINANCES, PROMOTES OUR REGION AS A TOURISM DESTINATION AND PROVIDES MARKETING OF THE AREA, INTERACTS WITH LOCAL EMPLOYERS TO PROVIDE OPPORTUNITIES FOR ONGOING EDUCATION, AND WORKS WITH BUSINESSES AND LOCAL GOVERNMENT TO PROMOTE SUSTAINABLE GROWHT AND ECONOMIC DEVELOPMENT OF AREA TOWNS.

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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 $0
Program Service Revenue $378,979
Investment Income $5,863
Other Revenue $21,440
TOTAL REVENUE $406,282

Expense Breakdown

Grants Paid $0
Salaries & Benefits $215,569
Fundraising Expenses $0
Other Expenses $159,142
TOTAL EXPENSES $374,711

Year-over-Year Comparison

2024 2023 Change
Revenue $406,282 $421,187 0.0%
Expenses $374,711 $388,445 0.0%
Net Income $31,571 $32,742 0.0%
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

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
19
Independent Members
19
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
3
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT YOUNG CHAIR 4.00
Officer Director
$0 $0 $0
KEVIN PURCELL DIRECTOR 1.00
Director
$0 $0 $0
ALISON CHISOLM VICE-PRESIDENT 2.00
Officer Director
$0 $0 $0
JEFFREY CHU DIRECTOR 1.00
Director
$0 $0 $0
SHAUN MULHOLLAND DIRECTOR 1.00
Director
$0 $0 $0
MIKE BURNHAM DIRECTOR 1.00
Director
$0 $0 $0
HEATHER DRINAN DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SNYDER DIRECTOR 1.00
Director
$0 $0 $0
DAVID BARRETTE DIRECTOR 1.00
Director
$0 $0 $0
JEFF MARKS DIRECTOR 1.00
Director
$0 $0 $0
PETER GLENSHAW DIRECTOR 1.00
Director
$0 $0 $0
TIM MCNAMARA DIRECTOR 1.00
Director
$0 $0 $0
KERRY A RIGAS DIRECTOR 1.00
Director
$0 $0 $0
ALEX TORPEY DIRECTOR 1.00
Director
$0 $0 $0
EDWARD MORRIS DIRECTOR 1.00
Director
$0 $0 $0
STACEY DAMERON DIRECTOR 1.00
Director
$0 $0 $0
JOHN SCOTT DIRECTOR 1.00
Director
$0 $0 $0
W JAY SIMMS TREASURER 4.00
Officer
$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 No data No data No data No data
2024 $406,282 $374,711 $291,249 $31,571
2023 $421,187 $388,445 $302,085 $32,742
2022 $350,620 $357,820 $262,336 $-7,200
2021 $327,643 $233,797 $279,740 $93,846
2020 $274,949 $191,115 $286,688 $83,834
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