Capital Regional Development Council logo

Capital Regional Development Council

501(c)(4) organization Concord, NH EIN: 02-0455162 Website

The organization's mission is private sector job creation/retention and private property tax base enhancement. Core activities include small business lending, real estate development, and economic development consulting.

Capital Regional Development Council at a glance

Total assets
$14,035,891
-2.1% vs 2024
Revenue (2025)
$1,168,096
+9.3% vs 2024
Net investment income (2025)
$75,554
-9.0% vs 2024
Expenses (2025)
$965,904
+0.3% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to Capital Regional Development Council

Who Capital Regional Development Council funds

Geographic Focus

Where this funder awards grants

Cities

ConcordFranklinNewport

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K2 grants2019 1 grant2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2020, annual grant giving ranged from $10K (2019) to $10K (2020). In 2020 it made 1 grant totaling $10K.

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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$14,035,891$1,168,096$965,904——$75,554
2024$14,334,114$1,068,226$963,121——$83,045
2023$14,908,735$1,009,695$921,465——$35,059
2022$14,984,194$977,983$926,983——$33,168
2021$15,306,748$1,082,974$825,271——$34,420
2020$14,703,785$1,464,309$852,141$10,0001$-96,668
2019$13,546,732$894,079$803,770$10,0002$70,559

About Capital Regional Development Council

Based on IRS filings

Capital Regional Development Council is a public charity, based in Concord, NH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $14.0M in total assets. Net investment income was $76K.

Leadership & Key People

Officers and directors from IRS filings

Capital Regional Development Council is led by Ryan Audley, President since 2023 (on filings since 2019); 3 of 12 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Ryan Audley

    President

    Director → Vice President, 2021

    Vice President → President, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Janet Ackerman

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • James Goodhue

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • James Lynch

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Lyndsee Paskalis

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Matt Walsh

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Jennifer Boulanger

    Senior Loan Officer

    Loan Officer → Senior Loan Officer, 2024

    On filings since 2019

    40 hrs/week

    $121K (2019) → $184K (2025)

  • Stephen A. Heavener

    Executive Vice President

    On filings since 2019

    40 hrs/week

    $169K (2019) → $206K (2025)

  • Charles Gilboy

    Loan Officer

    Business Development & Loan Officer → Loan Officer, 2025

    On filings since 2024

    40 hrs/week

    $104K (2024) → $116K (2025)

  • Joe Conway

    Treasurer

    Director → Treasurer, 2021

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Thomas Sullivan

    Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

  • David Peterson

    Vice President

    Director → Vice President, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (17)
  • Former: Ken Koornneef (2019–2024) — Director
  • Former: Henry Veilleux (2019–2023) — Director
  • Former: Steve Korzyniowski (2019–2023) — Director
  • Former: Suzanne Brunelle (2019–2023) — Director
  • Former: Carlos Baia (2019–2022) — Director
  • Former: Susan Dunton (2019–2022) — Director
  • Former: Joe Bator (2022) — Director
  • Former: Joseph Bator (2020–2021) — Director
  • Former: Bill Norton (2019–2020) — Director
  • Former: Bradley Hosmer (2019–2020) — Director
  • Former: Brian Lavoie (2019–2020) — President
  • Former: James Gallagher III (2019–2020) — Director
  • Former: Mary McLaughlin (2019–2020) — Director
  • Former: Melanie Sanuth (2019–2020) — Ex-Officio
  • Former: Steve Savoy (2019–2020) — Treasurer
  • Former: Tim Sink (2019–2020) — Ex-Officio
  • Former: Will Stewart (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Stephen a Heavener — Executive Vice President: $206KStephen a HeavenerExecutive Vice President$206KJennifer Boulanger — Senior Loan Officer: $184KJennifer BoulangerSenior Loan Officer$184KCharles Gilboy — Loan Officer: $116KCharles GilboyLoan Officer$116K

The highest reported compensation on the 2025 filing was $206K, to Stephen a Heavener (Executive Vice President). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Capital Regional Development Council

How large is Capital Regional Development Council?

Capital Regional Development Council reported $14.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.2M.

Where does Capital Regional Development Council operate?

Capital Regional Development Council has awarded grants in New Hampshire.

What is Capital Regional Development Council's EIN?

Capital Regional Development Council's EIN (Employer Identification Number) is 02-0455162. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Capital Regional Development Council's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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