New Hampshire Community Loan Fund Inc
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.
New Hampshire Community Loan Fund Inc at a glance
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.
- Annual giving (2025)
- $41,783,096
- +506.5% vs 2024
- Grants made (2025)
- 90
- +157.1% vs 2024
- Average grant
- $464,257
- +135.9% vs 2024
- Median grant
- $241,954
- Total assets
- $237,353,910
- +7.8% vs 2024
- Primary geography
- Minnesota (22% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to New Hampshire Community Loan Fund Inc
- Contact
Mailing address: 7 Wall Street, Concord, NH 03301
Phone: (603) 224-6669
Website: https://communityloanfund.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who New Hampshire Community Loan Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
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
The most common grant size was in the $100–250K range: 52 grants of 129 (40%).
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
Share of 2025 grant dollars across all 90 itemized grants.
States
Cities
How New Hampshire Community Loan Fund Inc gives
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $33K (2022) to $41.8M (2025). In 2025 it made 90 grants totaling $41.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| America's Heartland Packing LLC Eagan, MN | MPPEP - Phase 2 | $8,211,944 |
| Korte Meat Processors Inc Highland, IL | MPPEP - Phase 2 | $3,358,789 |
| Nine Twenty Processing LLC Millen, GA | LMCAP Expansion | $2,526,840 |
| Noah's Ark Processors LLC Hastings, NE | MPPEP - Phase 2 | $2,115,945 |
| JM Watkins LLC Plum City, WI | MPPEP - Phase 2 | $1,368,192 |
| Behrmann Meat & Processing Albers, IL | LMCAP Expansion | $1,321,078 |
| Cream CO LLC Oakland, CA | LMCAP Expansion | $1,199,307 |
| Smoking Pig LLC Wooster, OH | LMCAP Expansion | $1,136,519 |
| Jessica Roosa DBA This Old Farm Inc Colfax, IN | LMCAP Expansion | $1,069,489 |
| Edgewood Locker Inc Edgewood, IA | LMCAP Expansion | $1,052,377 |
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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 | $237,353,910 | $75,052,598 | $57,935,743 | $41,783,096 | 90 | $1,109,826 |
| 2024 | $220,225,049 | $28,015,351 | $20,685,013 | $6,889,013 | 35 | $859,613 |
| 2023 | $189,182,393 | $14,740,663 | $12,281,336 | $542,368 | 2 | $252,142 |
| 2022 | $178,821,408 | $15,842,700 | $10,930,181 | $32,632 | 2 | $189,911 |
| 2021 | $176,989,258 | $13,877,198 | $10,926,761 | — | — | $200,388 |
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.
The largest reported grants included $8,211,944 to America’s Heartland Packing LLC in Minnesota for “MPPEP - PHASE 2”; $3,358,789 to Korte Meat Processors Inc in Illinois for the same purpose; and $2,526,840 to Nine Twenty Processing LLC in Georgia for “LMCAP EXPANSION.” Other large awards included $2,115,945 to Noah’s Ark Processors LLC in Nebraska and $1,368,192 to JM Watkins LLC in Wisconsin, both for “MPPEP - PHASE 2.” The largest recipient-state shares of 2025 grant dollars were Minnesota (22%), Illinois (11%), Georgia (9%), Nebraska (6%), and Wisconsin (5%).
The organization also reported making seven community-services loans totaling $1,491,000 in FY2025. These are loans, not grants.
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
The highest reported compensation on the 2025 filing was $256K, to Steve Saltzman (President & CEO). 8 officers or directors reported compensation on that filing.
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.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 7, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS December 3, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2021–2025
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