New Hampshire Community Loan Fund Inc logo

New Hampshire Community Loan Fund Inc

Public charity · Grantmaker Concord, NH EIN: 22-2524015 Website

New Hampshire Community Loan Fund Inc is a public charity based in Concord, New Hampshire. Founded in 1983, it provides loans, capital, and technical assistance to people and communities in New Hampshire and beyond, including manufactured-home buyers and residents, small businesses and nonprofits, affordable-housing developers, and municipalities.

Key facts about New Hampshire Community Loan Fund Inc

In short: New Hampshire Community Loan Fund Inc gave $41.8M across 90 grants in 2025 (avg $464K), top state Minnesota. Source: 2025 IRS Form 990.

EIN
22-2524015
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$41,783,096
Grants made (2025)
90
Average grant
$464,257
Median grant
$241,954
Total assets
$237,353,910
Primary geography
Minnesota (22% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$237.4M

+7.8% YoY

Annual Giving

$41.8M

+506.5% YoY

Grant Count

90

+157.1% YoY

Avg Grant Size

$464K

+135.9% YoY

How New Hampshire Community Loan Fund Inc gives

  • 10% of 2025 grantees were also funded in 2024. Method
  • Giving grew 127943% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s mission is to provide people and communities in New Hampshire and beyond with the financial, human, and civic resources they need to be economically secure. Its work includes manufactured-home loans and resident-owned community support; small-business and nonprofit lending and coaching; affordable-housing development loans; energy-efficiency solutions; and grant-writing assistance for small towns and municipalities.

Its filing describes a partnership with USDA to administer the Local Meat Capacity Grant Program and the Meat and Poultry Processing Expansion Program. The programs aim to promote fairer, more competitive, and more resilient meat and poultry supply chains. The organization says it monitors grant use through performance and financial reports, invoices, photographs, and other supporting documentation.

Grantmaking

In filing year 2025, the organization reported 90 grants totaling $41,783,096. Grant amounts ranged from $5,390 to $8,211,944, with a median of $241,954. The filing states that $41,706,985 in pass-through grants was disbursed in FY2025 through the USDA programs.

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Geographic Focus

Where this funder awards grants

The organization’s mission covers New Hampshire and beyond, and its website describes services across the state. Its 2025 grant recipients were located in multiple states, including Minnesota, Illinois, Georgia, Nebraska, and Wisconsin.

Grant Distribution by State

45states

Share of 2025 grant dollars across all 90 itemized grants.

Cities

BurlingtonColebrookFallonKennebunkLancasterMansfieldMilanPenngrovePortsmouthRomulusTrimbleWakeeneyAlbersAllenAndersonvilleArlingtonAtholAtlantaBelgradeBenkelman

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M0 grants2021 2 grants2022 2 grants2023 35 grants2024 90 grants2025

From 2022 to 2025, annual grant giving ranged from $33K (2022) to $41.8M (2025). In 2025 it made 90 grants totaling $41.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

America's Heartland Packing LLC: $8.2MAmerica's Heartland PackingLLC$8.2MKorte Meat Processors Inc: $3.4MKorte Meat Processors Inc$3.4MNine Twenty Processing LLC: $2.5MNine Twenty Processing LLC$2.5MNoah's Ark Processors LLC: $2.1MNoah's Ark Processors LLC$2.1MJM Watkins LLC: $1.4MJM Watkins LLC$1.4MBehrmann Meat & Processing: $1.3MBehrmann Meat & Processing$1.3MCream CO LLC: $1.2MCream CO LLC$1.2MSmoking Pig LLC: $1.1MSmoking Pig LLC$1.1MJessica Roosa DBA This Old Farm Inc: $1.1MJessica Roosa DBA This OldFarm Inc$1.1MEdgewood Locker Inc: $1.1MEdgewood Locker Inc$1.1M

The largest 2025 recipient was America's Heartland Packing LLC ($8.2M). Together the top 10 received $23.4M.

Grant Size Distribution

129 grants across all recorded years

19<$50K10$50–100K52$100–250K28$250–500K10$500K–1M9$1–5M1$5M+

The most common grant size was in the $100–250K range: 52 grants of 129 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
America's Heartland Packing LLC Eagan, MNMPPEP - Phase 2$8,211,944
Korte Meat Processors Inc Highland, ILMPPEP - Phase 2$3,358,789
Nine Twenty Processing LLC Millen, GALMCAP Expansion$2,526,840
Noah's Ark Processors LLC Hastings, NEMPPEP - Phase 2$2,115,945
JM Watkins LLC Plum City, WIMPPEP - Phase 2$1,368,192
Behrmann Meat & Processing Albers, ILLMCAP Expansion$1,321,078
Cream CO LLC Oakland, CALMCAP Expansion$1,199,307
Smoking Pig LLC Wooster, OHLMCAP Expansion$1,136,519
Jessica Roosa DBA This Old Farm Inc Colfax, INLMCAP Expansion$1,069,489
Edgewood Locker Inc Edgewood, IALMCAP Expansion$1,052,377

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2025 $237,353,910 $75,052,598 $57,935,743 $41,783,096 90
2024 $220,225,049 $28,015,351 $20,685,013 $6,889,013 35
2023 $189,182,393 $14,740,663 $12,281,336 $542,368 2
Revenue
Expenses
Net Investment Income
$0$25M$50M$75M$100M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$237,353,910$220,225,049$189,182,393
Revenue$75,052,598$28,015,351$14,740,663
Expenses$57,935,743$20,685,013$12,281,336
Net Investment Income$1,109,826$859,613$252,142

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2022)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 7, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS December 3, 2024)
  4. Updated Form 990 for fiscal year 2025 (received by the IRS November 7, 2025)
  5. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Steve Saltzman as president and CEO; Jamie Richardson as board chair; Colby Meehan as vice chair; Andre Garron as vice treasurer/treasurer as of December 2024; Jim Kerouac as secretary; and Liz LaRose as vice secretary. Kathleen Reardon is listed as treasurer until December 2024. The filing also lists Michael Swack as emeritus and Sid Prabhakar and Ali Sekou as members.

New Hampshire Community Loan Fund Inc is led by Steve Saltzman, President & CEO on every filing since 2021; 8 of 25 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Steve Saltzman

    President & CEO

    On filings since 2021

    40 hrs/week

    $154K (2022) → $256K (2025)

  • Jamie Richardson

    Board Chair

    Member → Board Chair, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lucas Knowles

    Director Sustainable Food Systems Program

    New on the 2025 filing

    40 hrs/week

    $170K (2025)

  • Bonnie Scadova

    Chief Financial Officer

    On filings since 2021

    40 hrs/week

    $131K (2021) → $204K (2025)

  • Sarah Marchant

    COO & Vice President of Roc-Nh

    Chief of Staff & Vice President of Roc-Nh → Chief of Staff & Vice President of Roc, 2024

    Chief of Staff & Vice President of Roc → COO & Vice President of Roc-Nh, 2025

    On filings since 2023

    40 hrs/week

    $123K (2023) → $182K (2025)

  • Katharine Cote

    Vice President of External Relations

    On filings since 2024

    40 hrs/week

    $113K (2024) → $129K (2025)

  • Kathleen Paradis

    Vice President of Residential Lending & Compliance

    On filings since 2024

    40 hrs/week

    $109K (2024) → $118K (2025)

  • Corey Sanborn-Potter

    Executive Vice President of Lending & Credit

    New on the 2025 filing

    40 hrs/week

    $155K (2025)

  • Kaleigh Bullock

    Vice President of Organizational Strategy & Committee

    New on the 2025 filing

    40 hrs/week

    $112K (2025)

  • Don Brueggemann

    Member

    Treasurer → Member, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Joseph Gerakos

    Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kathleen Reardon

    Treasurer

    Vice Chair → Treasurer, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mark Fickle

    Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michael Swack

    Emeritus

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ali Sekou

    Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Liz Larose

    Vice Secretary

    Member → Vice Secretary, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sid Prabhakar

    Member

    Member → Vice Chair, 2024

    Vice Chair → Member, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jim Kerouac

    Secretary

    Member → Secretary, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Andre Garron

    Vice Treasurer & Treasurer

    Vice Treasurer → Vice Treasurer & Treasurer, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Colby Meehan

    Vice Chair

    Member → Vice Chair, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Lionel Loveless

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Pamela Rothgaber

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rudy Glocker

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Victoria Staunches

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Mayte Rivera

    Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (20)
  • Former: Betsy McNamara (2021–2024) — Chair
  • Former: Kim Capen (2021–2024) — Vice Treasurer
  • Former: Pam Laflamme (2021–2024) — Member
  • Former: Paula Rogers (2021–2024) — Secretary
  • Former: Allison Grappone (2022–2024) — Member
  • Former: Lori Albert (2024) — Controller
  • Former: Debra Miller (2021–2023) — Executive Vice President Strategic Partnerships & Philanthropy
  • Former: Janet Ackerman (2021–2023) — Member
  • Former: Kate Luczko (2021–2023) — Member
  • Former: Tara Reardon (2021–2023) — Government Relations
  • Former: Jennifer Hopkins (2022–2023) — Vice President of Lending
  • Former: Shalimar Encarnacion (2022–2023) — Member
  • Former: Michelle Talwani (2023) — Community Relations Director
  • Former: Cydney Dodge (2021–2022) — COO
  • Former: John Hamilton (2021–2022) — Former President
  • Former: Naomi Butterfield (2021–2022) — Member
  • Former: Anthony Poore (2021) — Member
  • Former: Dan Muller (2021) — Member
  • Former: Juliana Eades (2021) — President
  • Former: Tom Bunnell (2021) — Member

Data from IRS Form 990 filings, 2021–2025. "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

Steve Saltzman — President & CEO: $256KSteve SaltzmanPresident & CEO$256KBonnie Scadova — Chief Financial Officer: $204KBonnie ScadovaChief Financial Officer$204KSarah Marchant — COO & VP of Roc-NH: $182KSarah MarchantCOO & VP of Roc-NH$182KLucas Knowles — DIR. Sustainable Food Systems Program: $170KLucas KnowlesDIR. Sustainable Food Systems…$170KCorey Sanborn-Potter — Executive VP of Lending and Credit: $155KCorey Sanborn-PotterExecutive VP of Lending and…$155KKatharine Cote — VP of External Relations: $129KKatharine CoteVP of External Relations$129KKathleen Paradis — VP of Residential Lending & Compliance: $118KKathleen ParadisVP of Residential Lending &…$118KKaleigh Bullock — VP of Organizational Strategy & Comm.: $112KKaleigh BullockVP of Organizational Strategy &…$112K

The highest reported compensation on the 2025 filing was $256K, to Steve Saltzman (President & CEO). 8 officers or directors reported compensation on that filing.

Contact

Mailing address: 7 Wall Street, Concord, NH 03301
Phone: (603) 224-6669
Website: https://communityloanfund.org

Frequently asked questions about New Hampshire Community Loan Fund Inc

How much does New Hampshire Community Loan Fund Inc give each year?

New Hampshire Community Loan Fund Inc gave $41.8M across 90 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6.9M across 35 grants.

What is New Hampshire Community Loan Fund Inc's typical grant size?

New Hampshire Community Loan Fund Inc's median grant in 2025 was $241,954, and its average grant was $464,257, across 90 grants on its 2025 IRS Form 990.

Where does New Hampshire Community Loan Fund Inc give grants?

New Hampshire Community Loan Fund Inc's top state is Minnesota, with 22% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Illinois (11%) and Georgia (9%).

Does New Hampshire Community Loan Fund Inc give general operating support?

Not in 2025: none of the 90 grants with a stated purpose on New Hampshire Community Loan Fund Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "LMCAP Equipment-Only" (44 grants), "LMCAP Expansion" (25 grants) and "MPPEP - Phase 2" (15 grants).

Who are New Hampshire Community Loan Fund Inc's largest grantees?

New Hampshire Community Loan Fund Inc's largest 2025 grantees include America's Heartland Packing LLC ($8,211,944), Korte Meat Processors Inc ($3,358,789) and Nine Twenty Processing LLC ($2,526,840), according to its 2025 IRS Form 990. Together they received 34% of its itemized 2025 grant dollars.

How large is New Hampshire Community Loan Fund Inc?

New Hampshire Community Loan Fund Inc reported $237.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $75.1M.

What does New Hampshire Community Loan Fund Inc fund?

The organization’s mission is to provide people and communities in New Hampshire and beyond with the financial, human, and civic resources they need to be economically secure. See mission & focus areas ↑

How do I apply for a grant from New Hampshire Community Loan Fund Inc?

New Hampshire Community Loan Fund Inc has no public application process in the sources Grantable reviewed. Check communityloanfund.org for current guidelines, or contact the foundation directly before submitting a request.

What is New Hampshire Community Loan Fund Inc's EIN?

New Hampshire Community Loan Fund Inc's EIN (Employer Identification Number) is 22-2524015. IRS Form 990 filing data is available on this page for 2021–2025.

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

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