New Hampshire Community Loan Fund Inc
New Hampshire Community Loan Fund is a 501(c)(3) nonprofit financial services organization headquartered in Concord, New Hampshire. Founded in 1983, it is one of the first community development financial institutions (CDFIs) in the United States. The organization operates on a "neighbors-investing-in-neighbors" model, converting donations and impact investor funds into loans and services for homeowners, small businesses, nonprofits, and communities. Over its 40+ years of service, the organization has helped purchase or preserve over 11,000 affordable homes.
Financial Overview
From 2025 IRS Form 990-PF · 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
Mission & Focus Areas
Mission: New Hampshire Community Loan Fund provides people and communities with the financial, human, and civic resources they need to be economically secure. The organization believes in opportunity for all and works to provide systematically excluded people and communities with resources to achieve economic security.
Primary Focus Areas:
- Affordable Homes: Loans and support for manufactured-home buyers, homeowners seeking to refinance or make home improvements, and developers building multi-family housing
- Resident-owned Communities: Loans, coaching, and advice for manufactured-home owners whose park is for sale or who already live in a resident-owned community (ROC)
- Small Businesses & Nonprofits: Customized loans to strengthen small businesses and nonprofit organizations
- Energy Solutions: Financing for weatherization, energy efficiency projects, and solar arrays
- Child Care Centers: Flexible financing for child care facilities, including for-profit and family programs
Grantmaking
The organization provides loans rather than traditional grants. Loan products include:
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Geographic Focus
Where this funder awards grants
Primary focus on New Hampshire, with some services extending to Vermont and beyond.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2025):
- Total Assets: $237,353,910
- Total Revenue: $75.1M
- Total Expenses: $57.9M
- Total Liabilities: $164M
- Total Giving: $41,795,010
Historical Context:
- Founded in 1983
- Tax-exempt status since May 1984
- Invested more than $518 million since 1983 to support resilience and growth of people and communities
Organizational Strength:
- Received a Three-Star rating (83% score) reflecting strong accountability, finance, and impact measurement
- Recognized for social impact, financial strength, and performance within the CDFI industry
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,109,826 | $859,613 | $252,142 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Steve Saltzman: President & CEO
- Sarah Marchand: Chief Operating Officer and Senior Vice President of ROC-NH
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE SALTZMAN | PRESIDENT & CEO | 40 | $256,191 |
| JAMIE RICHARDSON | BOARD CHAIR | 1 | — |
| COLBY MEEHAN | VICE CHAIR | 1 | — |
| KATHLEEN REARDON | TREASURER (UNTIL 12/24) | 1 | — |
| ANDRE GARRON | VICE TREAS./TREASURER (AS OF 12/24) | 1 | — |
| JIM KEROUAC | SECRETARY | 1 | — |
| LIZ LAROSE | VICE SECRETARY | 1 | — |
| MICHAEL SWACK | EMERITUS | 1 | — |
| SID PRABHAKAR | MEMBER | 1 | — |
| ALI SEKOU | MEMBER | 1 | — |
| DON BRUEGGEMANN | MEMBER | 1 | — |
| MARK FICKLE | MEMBER | 1 | — |
| JOSEPH GERAKOS | MEMBER | 1 | — |
| PAMELA ROTHGABER | MEMBER | 1 | — |
| VICTORIA STAUNCHES | MEMBER | 1 | — |
| LIONEL LOVELESS | MEMBER | 1 | — |
| RUDY GLOCKER | MEMBER | 1 | — |
| MAYTE RIVERA | MEMBER (3/25 - 8/25) | 1 | — |
| BONNIE SCADOVA | CHIEF FINANCIAL OFFICER | 40 | $203,794 |
| SARAH MARCHANT | COO & VP OF ROC-NH | 40 | $182,145 |
| LUCAS KNOWLES | DIR. SUSTAINABLE FOOD SYSTEMS PROGRAM | 40 | $170,105 |
| COREY SANBORN-POTTER | EXECUTIVE VP OF LENDING AND CREDIT | 40 | $154,677 |
| KATHARINE COTE | VP OF EXTERNAL RELATIONS | 40 | $128,551 |
| KATHLEEN PARADIS | VP OF RESIDENTIAL LENDING & COMPLIANCE | 40 | $117,515 |
| KALEIGH BULLOCK | VP OF ORGANIZATIONAL STRATEGY & COMM. | 40 | $111,863 |
Recent News & Activity
Recent developments and announcements
Received $262,500 in tax credits from the Community Development Finance Authority (CDFA) to help families purchase new, affordable, energy-efficient manufactured homes
CDFA Awards New Hampshire Community Loan Fund $262,500 in Tax Credits toReleased 2025 Annual Impact Report highlighting investment in affordable manufactured homes, small business strengthening, and family farm support
Contact Information
Address: 7 Wall Street, Concord, NH 03301-3741
Website: communityloanfund.org
EIN: 22-2524015
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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