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Laconia Area Community Land Trust

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3M (2023)

Expenses
$2.04M (2023)

Total Assets
$16.1M (2023)

Total Liabilities
$4.14M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,001,373
Expenses
$2,043,643
Net Income
$957,730
Net Assets
$11,937,966
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,882,966
62.7%
Program Services $1,074,209
35.8%
Investment Income $44,198
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $139,041
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,073,008
Total Liabilities $4,135,042
Net Assets $11,937,966
Compensation
Key Employees and Officers Compensation Related Other
Carmen Lorentz (Executive Director) $119,718 $0 $19,323
Stuart Lasalle (Finance Director) $108,256 $0 $0
Sarah Steven Hubbard (Re Development Director) $101,616 $0 $21,548
Corey Hoyt (Chair) $0 $0 $0
Carrie Duran (Vice Chair) $0 $0 $0
Lori Borin (Treasurer) $0 $0 $0
Lisa Mure (Secretary) $0 $0 $0
Erica Gilbert (Board Member) $0 $0 $0
Chris Dickinson (Board Member) $0 $0 $0
Victoria Gilo (Board Member) $0 $0 $0
Patricia Nichols (Board Member) $0 $0 $0
Reuben Bassett (Board Member) $0 $0 $0
Ben Wilson (Board Member) $0 $0 $0
Leigh Willey (Board Member) $0 $0 $0
John Libby (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,294,982
Expenses
$2,132,678
Net Income
$162,304
Net Assets
$10,938,318
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,013,236
44.2%
Program Services $1,235,883
53.9%
Investment Income $33,333
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,530
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,593
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,130,860
Total Liabilities $4,192,542
Net Assets $10,938,318
Compensation
Key Employees and Officers Compensation Related Other
Carmen Lorentz (Executive Director) $114,877 $0 $18,869
Stuart Lasalle (Finance Director) $104,324 $0 $6,575
Chris Dickinson (Chair) $0 $0 $0
Lori Borin (Treasurer) $0 $0 $0
Corey Hoyt (Vice Chair) $0 $0 $0
Carrie Duran (Secretary) $0 $0 $350
Erica Gilbert (Board Member) $0 $0 $300
Kylie Goss (Board Member) $0 $0 $200
Lisa Mure (Board Member) $0 $0 $0
Patricia Nichols (Board Member) $0 $0 $300
Dana Nute (Board Member) $0 $0 $0
Ben Wilson (Board Member) $0 $0 $0
Leigh Willey (Board Member) $0 $0 $0
Aaron Bassett (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,154,056
Expenses
$1,973,873
Net Income
$1,180,183
Net Assets
$11,687,999
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,017,323
64.0%
Program Services $1,201,309
38.1%
Investment Income $45,949
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$141,220
Net Inventory Sales $0
Other Revenue $30,695
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,561
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $456,268
23.1%
Assets/Debt
Total Assets $15,899,939
Total Liabilities $4,211,940
Net Assets $11,687,999
Compensation
Key Employees and Officers Compensation Related Other
Carmen R Lorentz (Executive Director) $111,458 $0 $17,448
Stuart P La Salle (Finance Director) $101,542 $0 $6,410
Chris Dickinson (Vice Chair) $0 $0 $0
Lori Borin (Treasurer) $0 $0 $0
Corey Hoyt (Board Member) $0 $0 $0
Caitlin Mccurdy (Chair (Prior)) $0 $0 $0
Carrie Duran (Board Member) $0 $0 $0
Ben Wilson (Board Member) $0 $0 $0
Dana Nute (Secretary) $0 $0 $0
Aaron Bassett (Chair (Current)) $0 $0 $0
Erica Gilbert (Board Member) $0 $0 $0
Kylie Goss (Board Member) $0 $0 $0
Lisa Mure (Board Member) $0 $0 $0
Patricia Nichols (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,390,240
Expenses
$1,807,188
Net Income
$1,583,052
Net Assets
$10,280,864
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,693,850
50.0%
Program Services $1,631,455
48.1%
Investment Income $50,782
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,153
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,876
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $419,166
23.2%
Assets/Debt
Total Assets $15,012,074
Total Liabilities $4,731,210
Net Assets $10,280,864
Compensation
Key Employees and Officers Compensation Related Other
Carmen R Lorentz (Executive Director) $111,335 $0 $16,034
Stuart P La Salle (Finance Director) $100,883 $0 $6,347
Chris Dickinson (Vice Chair) $0 $0 $0
Lori Borin (Treasurer) $0 $0 $0
Corey Hoyt (Board Member) $0 $0 $0
Caitlin Mccurdy (Chair (Prior)) $0 $0 $0
Carrie Duran (Board Member) $0 $0 $0
Ben Wilson (Board Member) $0 $0 $0
Dana Nute (Secretary) $0 $0 $0
Aaron Bassett (Chair (Current)) $0 $0 $0
Erica Gilbert (Board Member) $0 $0 $0
Jenna Goss (Board Member) $0 $0 $0
Lisa Mure (Board Member) $0 $0 $0
Patricia Nichols (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,438,781
Expenses
$2,000,899
Net Income
$1,437,882
Net Assets
$7,837,100
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,876,090
54.6%
Program Services $1,507,223
43.8%
Investment Income $48,029
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,439
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $114,844
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $385,562
19.3%
Assets/Debt
Total Assets $12,214,429
Total Liabilities $4,377,329
Net Assets $7,837,100

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,449,123
Expenses
$2,267,841
Net Income
$1,181,282
Net Assets
$6,693,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,320,944
38.3%
Program Services $1,691,696
49.0%
Investment Income $39,870
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $396,613
11.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $112,653
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $380,164
16.8%
Assets/Debt
Total Assets $12,985,613
Total Liabilities $6,292,388
Net Assets $6,693,225
Compensation
Key Employees and Officers Compensation Related Other
Carmen R Lorentz (Executive Director) $106,196 $0 $13,874
Chris Dickinson (Board Member) $0 $0 $0
Corey Hoyt (Board Member) $0 $0 $0
Ashley Davis (Board Member) $0 $0 $0
Carrie Duran (Board Member) $0 $0 $0
Frances Strayer (Board Member) $0 $0 $0
Megan Fairbanks (Board Member) $0 $0 $0
Ben Wilson (Board Member) $0 $0 $0
Geoff Ruggles (Treasurer) $0 $0 $0
Caitlin Mccurdy (Chair) $0 $0 $0
Dana Nute (Secretary) $0 $0 $0
Aaron Bassett (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,007,086
Expenses
$2,092,801
Net Income
-$85,715
Net Assets
$5,793,677
Notable Sources of Revenue Percent of Total Revenue
Contributions $562,039
28.0%
Program Services $1,403,321
69.9%
Investment Income $30,364
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,362
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $184,695
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $335,364
16.0%
Assets/Debt
Total Assets $12,527,067
Total Liabilities $6,733,390
Net Assets $5,793,677
Compensation
Key Employees and Officers Compensation Related Other
Linda L Harvey (Executive Director) $164,268 $0 $11,223
Carmen R Lorentz (Executive Director) $95,575 $0 $7,332
Ashley Davis (Board Member) $0 $0 $0
Peg Colburn (Board Member) $0 $0 $0
Megan Fairbanks (Board Member) $0 $0 $0
Ben Wilson (Board Member) $0 $0 $0
Dana Nute (Board Member) $0 $0 $0
Aaron Bassett (Board Member) $0 $0 $0
Jason Hicks Cpa (Board Chair) $0 $0 $0
Geoff Ruggles (Treasurer) $0 $0 $0
Christopher Walkley (Vice Treasurer) $0 $0 $0
Caitlin Mccurdy (Secretary) $0 $0 $0
Erin Weller (Vice Secretary) $0 $0 $0
Frances Strayer (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,517,632
Expenses
$1,399,049
Net Income
$118,583
Net Assets
$5,837,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $405,911
26.7%
Program Services $1,061,734
70.0%
Investment Income $29,558
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,429
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $173,538
12.4%
Professional Fundraising Fees $0
Other Salaries and Wages $348,276
24.9%
Assets/Debt
Total Assets $12,837,925
Total Liabilities $7,000,608
Net Assets $5,837,317
Compensation
Key Employees and Officers Compensation Related Other
Linda L Harvey (Executive Director) $147,988 $0 $0
Sarah Steven Hubbard (Housing Development Director) $100,779 $0 $0
Ashley Davis (Board Member) $0 $0 $0
Jenna Pancoast (Board Member) $0 $0 $0
Thomas Rodriguez (Board Member) $0 $0 $0
Michael Gagnon (Board Member) $0 $0 $0
Dana Nute (Board Member) $0 $0 $0
Aaron Bassett (Board Member) $0 $0 $0
Jason Hicks Cpa (Board Chair) $0 $0 $0
Geoff Ruggles (Treasurer) $0 $0 $0
Christopher Walkley (Vice Treasurer) $0 $0 $0
Caitlin Mccurdy (Secretary) $0 $0 $0
Erin Weller (Vice Secretary) $0 $0 $0
Frances Strayer (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,524,491
Expenses
$1,238,817
Net Income
$285,674
Net Assets
$5,893,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $650,185
42.6%
Program Services $844,743
55.4%
Investment Income $21,484
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,079
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $147,083
11.9%
Professional Fundraising Fees $0
Other Salaries and Wages $326,108
26.3%
Assets/Debt
Total Assets $8,361,371
Total Liabilities $2,468,020
Net Assets $5,893,351
Compensation
Key Employees and Officers Compensation Related Other
Linda L Harvey (Executive Director) $150,960 $0 $0
Ashley Davis (Board Member) $0 $0 $0
Jenna Pancoast (Board Member) $0 $0 $0
Erin Weller (Board Member) $0 $0 $0
Frances Strayer (Board Member) $0 $0 $0
Thomas Rodriguez (Board Member) $0 $0 $0
Ryan Barton (Board Member) $0 $0 $0
Jason Hicks Cpa (Board Chair) $0 $0 $0
Paul Charlton (Vice Chair) $0 $0 $0
Geoff Ruggles (Treasurer) $0 $0 $0
Christopher Walkley (Vice Treasurer) $0 $0 $0
Suzanne Mckenna (Secretary) $0 $0 $0
Maria Babineau (Vice Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,859,990
Expenses
$1,124,800
Net Income
$735,190
Net Assets
$5,895,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,232,291
66.3%
Program Services $602,529
32.4%
Investment Income $5,750
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,420
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $159,719
14.2%
Professional Fundraising Fees $0
Other Salaries and Wages $343,017
30.5%
Assets/Debt
Total Assets $8,577,268
Total Liabilities $2,682,024
Net Assets $5,895,244
Compensation
Key Employees and Officers Compensation Related Other
Linda L Harvey (Executive Director) $147,895 $0 $0
Lisa Morris (Board Member) $0 $0 $0
Ryan Barton (Chair) $0 $0 $0
Jason Hicks Cpa (Treasurer) $0 $0 $0
Suzanne Mckenna (Secretary) $0 $0 $0
Maria Babineau (Vice Secretary) $0 $0 $0
Paul Charlton (Vice Chair) $0 $0 $0
Geoff Ruggles (Board Member) $0 $0 $0
Ashley Davis (Board Member) $0 $0 $0
Jenna Pancoast (Board Member) $0 $0 $0
Erin Weller (Board Member) $0 $0 $0
Frances Strayer (Board Member) $0 $0 $0
Christopher Walkley (Vice Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,681,836
Expenses
$1,046,552
Net Income
$635,284
Net Assets
$5,420,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $954,537
56.8%
Program Services $688,916
41.0%
Investment Income $4,481
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $33,902
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $145,576
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $373,297
35.7%
Assets/Debt
Total Assets $7,328,528
Total Liabilities $1,908,234
Net Assets $5,420,294
Compensation
Key Employees and Officers Compensation Related Other
Linda L Harvey (Executive Director) $153,917 $0 $0
Lisa Morris (Vice Secretary) $0 $0 $0
Ryan Barton (Chair) $0 $0 $0
Jason Hicks Cpa (Treasurer) $0 $0 $0
Cynthia Dame (Secretary) $0 $0 $0
Maria Babineau (Board Member) $0 $0 $0
Paul Charlton (Vice Chair) $0 $0 $0
Geoff Ruggles (Board Member) $0 $0 $0
Brad Hunter (Board Member) $0 $0 $0
Kerri Lowe (Board Member) $0 $0 $0
Marie Mcdonald (Board Member) $0 $0 $0
Rick Fogg (Board Member) $0 $0 $0
Christopher Walkley (Vice Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,115,040
Expenses
$938,843
Net Income
$176,197
Net Assets
$4,872,608
Notable Sources of Revenue Percent of Total Revenue
Contributions $633,208
56.8%
Program Services $432,773
38.8%
Investment Income $6,386
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,673
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $143,123
15.2%
Professional Fundraising Fees $0
Other Salaries and Wages $353,098
37.6%
Assets/Debt
Total Assets $5,968,322
Total Liabilities $1,095,714
Net Assets $4,872,608

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,295,876
Expenses
$923,437
Net Income
$372,439
Net Assets
$4,854,078
Notable Sources of Revenue Percent of Total Revenue
Contributions $932,820
72.0%
Program Services $323,237
24.9%
Investment Income $6,845
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $32,974
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $140,894
15.3%
Professional Fundraising Fees $0
Other Salaries and Wages $343,741
37.2%
Assets/Debt
Total Assets $5,953,508
Total Liabilities $1,099,430
Net Assets $4,854,078

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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