Laconia Area Community Land Trust Inc
Lrcd's mission is to create opportunities for the people of the lakes region to thrive by developing healthy homes, creating vibrant community assets, and empowering residents.
Laconia Area Community Land Trust Inc at a glance
In short: Laconia Area Community Land Trust Inc gave $892K across 3 grants in 2025 (avg $297K), mostly in New Hampshire. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $892,405
- +106.5% vs 2024
- Grants made (2025)
- 3
- +200.0% vs 2024
- Average grant
- $297,468
- -31.2% vs 2024
- Median grant
- $95,291
- Total assets
- $25,283,158
- +37.3% vs 2024
- Primary geography
- New Hampshire (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Laconia Area Community Land Trust Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Gale School Support Corp ($786K). Together the top 3 received $892K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 1 grant of 4 (25%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $432K (2024) to $892K (2025). In 2025 it made 3 grants totaling $892K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gale School Support Corp Laconia, NH | Real Estate Development | $785,519 |
| Bay Street Apartments Corp Laconia, NH | Real Estate Development | $95,291 |
| Jameson Street Apartments Corp Laconia, NH | Real Estate Development | $11,595 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $25,283,158 | $5,132,958 | $2,969,248 | $892,405 | 3 | $268,632 |
| 2024 | $18,410,945 | $4,173,540 | $2,568,269 | $432,209 | 1 | $97,078 |
| 2023 | $16,073,008 | $3,001,373 | $2,043,643 | — | — | $44,198 |
| 2022 | $15,130,860 | $2,294,982 | $2,132,678 | — | — | $33,333 |
| 2021 | $15,899,939 | $3,154,056 | $1,973,873 | — | — | $-95,271 |
| 2020 | $15,012,074 | $3,390,240 | $1,807,188 | — | — | $50,782 |
About Laconia Area Community Land Trust Inc
Based on IRS filings
Laconia Area Community Land Trust Inc is a public charity focused on Housing & Shelter, based in Laconia, NH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $25.3M in total assets. In 2025, it awarded 3 grants totaling $892K. Net investment income was $269K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Laconia Area Community Land Trust Inc is led by Carmen R. Lorentz, Executive Director on every filing since 2020; 2 of 13 officers listed in 2025 are compensated.
Officers on the 2025 filing
Carmen R. Lorentz
Executive Director
On filings since 2020
45 hrs/week
$111K (2020) → $129K (2025)
Lori Borin
Chair
Treasurer → Chair, 2025
On filings since 2020
2 hrs/week
No compensation reported
Kara La Salle
Development Director
New on the 2025 filing
45 hrs/week
$101K (2025)
Erica Gilbert
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Lisa Mure
Vice Chair
Board Member → Secretary, 2023
Secretary → Vice Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Patricia Nichols
Secretary
Board Member → Secretary, 2025
On filings since 2020
2 hrs/week
No compensation reported
Leigh Willey
Board Member
On filings since 2022
2 hrs/week
No compensation reported
Reuben Bassett
Treasurer
Board Member → Secretary, 2024
Secretary → Treasurer, 2025
On filings since 2023
2 hrs/week
No compensation reported
Victoria Gilo
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Tiffany Baert
Board Member
On filings since 2024
2 hrs/week
No compensation reported
Jeanie Forrester
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Judith Donnelly
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Kyril Mitchell
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (13)
- Former: Carrie Duran (2020–2024) — Chair
- Former: Chris Dickinson (2020–2024) — Board Member
- Former: Corey Hoyt (2020–2024) — Board Member
- Former: Ben Wilson (2020–2023) — Board Member
- Former: Stuart Lasalle (2022–2023) — Finance Director
- Former: John Libby (2023) — Board Member
- Former: Sarah Steven-Hubbard (2023) — Re Development Director
- Former: Aaron Bassett (2020–2022) — Board Member
- Former: Dana Nute (2020–2022) — Board Member
- Former: Kylie Goss (2021–2022) — Board Member
- Former: Caitlin McCurdy (2020–2021) — Chair
- Former: Stuart P. La Salle (2020–2021) — Finance Director
- Former: Jenna Goss (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $129K, to Carmen Lorentz (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Laconia Area Community Land Trust Inc
How much does Laconia Area Community Land Trust Inc give each year?
Laconia Area Community Land Trust Inc gave $892K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $432K across 1 grant.
What is Laconia Area Community Land Trust Inc's typical grant size?
Laconia Area Community Land Trust Inc's median grant in 2025 was $95,291, and its average grant was $297,468, across 3 grants on its 2025 IRS Form 990.
Where does Laconia Area Community Land Trust Inc give grants?
Laconia Area Community Land Trust Inc gives mostly in New Hampshire: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Laconia, NH (3 grants).
Does Laconia Area Community Land Trust Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Laconia Area Community Land Trust Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Real Estate Development" (3 grants).
How large is Laconia Area Community Land Trust Inc?
Laconia Area Community Land Trust Inc reported $25.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.1M.
What is Laconia Area Community Land Trust Inc?
Laconia Area Community Land Trust Inc is a public charity focused on Housing & Shelter, based in Laconia, NH. It holds $25.3M in total assets as of 2025.
What is Laconia Area Community Land Trust Inc's EIN?
Laconia Area Community Land Trust Inc's EIN (Employer Identification Number) is 02-0426348. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS April 9, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Laconia Area Community Land Trust Inc's focus areas in our free grants database
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Laconia Area Community Land Trust Inc down — hundreds of funders to go?