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Northern Community Investment Corp

Ncic

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: Community Improvement, Capacity Building / Urban, Community Economic Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.94M (2023)

Expenses
$1.79M (2023)

Total Assets
$16.4M (2023)

Total Liabilities
$6.41M (2023)

Source: Form 990 tax filings from 2012 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 March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,941,984
Expenses
$1,792,000
Net Income
$149,984
Net Assets
$10,010,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,148,895
59.2%
Program Services $711,755
36.7%
Investment Income $74,210
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,000
0.6%
Net Fundraising $0
Sales of Assets -$4,876
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $384,886
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $88,953
5.0%
Assets/Debt
Total Assets $16,420,167
Total Liabilities $6,409,276
Net Assets $10,010,891
Compensation
Key Employees and Officers Compensation Related Other
Peter Corey (President) $93,540 $0 $6,011
Michael Welch (Vice President) $88,903 $0 $5,780
Katelyn Robinson (Vice President) $86,080 $0 $14,398
Sandra Lowell (Compliance Adminstrator/Asst. Treasurer) $78,891 $0 $14,092
Kenneth Cargill (Chairman) $0 $0 $0
John Cummings (Director) $0 $0 $0
Gregory Eastman (Director) $0 $0 $0
Dennis Hiller (Director) $0 $0 $0
Nathan Houghton (Director) $0 $0 $0
Andrea Simpson (Director) $0 $0 $0
John Mcclaughry (Director) $0 $0 $0
Sally Pratt (Assistant Secretary) $0 $0 $0
John Schiffman (Secretary/Treasurer) $0 $0 $0
Roena Whitehill (Director) $0 $0 $0
Sarah Chadburn (Director) $0 $0 $0
Dawn Cross (Director) $0 $0 $0
Chad Stearns (Treasurer) $0 $0 $0
Cynthia Stuart (Vice Chairman) $0 $0 $0
Aimee Hopkins (Assistant Treasurer) $0 $0 $0
Robert Macleod (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,565,964
Expenses
$1,500,966
Net Income
$64,998
Net Assets
$9,860,907
Notable Sources of Revenue Percent of Total Revenue
Contributions $890,614
56.9%
Program Services $663,515
42.4%
Investment Income $29,288
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,000
0.8%
Net Fundraising $0
Sales of Assets -$28,016
Net Inventory Sales $0
Other Revenue -$1,437
Notable Expenses Percent of Total Expenses
Executive Compensation $288,848
19.2%
Professional Fundraising Fees $0
Other Salaries and Wages $278,079
18.5%
Assets/Debt
Total Assets $16,870,997
Total Liabilities $7,010,090
Net Assets $9,860,907

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,913,259
Expenses
$1,762,719
Net Income
$150,540
Net Assets
$9,795,909
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,035,867
54.1%
Program Services $812,671
42.5%
Investment Income $63,601
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,464
0.1%
Net Fundraising $0
Sales of Assets $12,770
0.7%
Net Inventory Sales $0
Other Revenue -$14,114
Notable Expenses Percent of Total Expenses
Executive Compensation $228,665
13.0%
Professional Fundraising Fees $0
Other Salaries and Wages $350,212
19.9%
Assets/Debt
Total Assets $17,304,241
Total Liabilities $7,508,332
Net Assets $9,795,909
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $111,644 $0 $34,141
Michael Welch (Vice President) $83,871 $0 $30,722
John Mcclaughry (Director) $920 $0 $0
John Schiffman (Secretary/Treasurer) $920 $0 $0
Andrew Peloquin (Vice Chairman) $906 $0 $0
Nathan Houghton (Chairman) $763 $0 $0
Sally Pratt (Assistant Secretary) $740 $0 $0
John Cummings (Director) $500 $0 $0
Gregory Eastman (Director) $500 $0 $0
Kenneth Cargill (Director) $360 $0 $0
Keith Kopp (Director) $360 $0 $0
Dennis Hiller (Director) $240 $0 $0
Roena Whitehill (Director) $220 $0 $0
Peter Minich (Director) $0 $0 $0
Andrea Simpson (Director) $0 $0 $0
Peter Corey (Interim President) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,513,182
Expenses
$1,647,586
Net Income
-$134,404
Net Assets
$9,194,100
Notable Sources of Revenue Percent of Total Revenue
Contributions $588,320
38.9%
Program Services $810,575
53.6%
Investment Income $108,315
7.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$5,067
Net Fundraising $0
Sales of Assets -$3,285
Net Inventory Sales $0
Other Revenue $14,324
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $245,118
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $484,781
29.4%
Assets/Debt
Total Assets $17,776,781
Total Liabilities $8,582,681
Net Assets $9,194,100
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $112,803 $0 $20,591
Michael Welch (Vice President) $82,260 $0 $5,473
John Schiffman (Secretary/Treasurer) $1,060 $0 $0
Richard Isabelle (Assistant Treasurer) $1,060 $0 $0
John Mcclaughry (Director) $1,060 $0 $0
Nate Houghton (Chairman) $1,020 $0 $0
Kenneth Hammer (Director) $660 $0 $0
Kenneth Cargill (Director) $640 $0 $0
Sally Pratt (Assistant Secretary) $560 $0 $0
Jack Cummings (Director) $520 $0 $0
Roena Whitehill (Director) $500 $0 $0
Gregory Noyes (Director) $500 $0 $0
Andrew Peloquin (Vice Chariman) $480 $0 $0
Keith Kopp (Director) $460 $0 $0
Gregory Eastman (Director) $460 $0 $0
Dennis Hiller (Director) $260 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,788,924
Expenses
$1,799,969
Net Income
-$11,045
Net Assets
$9,328,504
Notable Sources of Revenue Percent of Total Revenue
Contributions $918,522
51.3%
Program Services $809,588
45.3%
Investment Income $81,933
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income -$33,824
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,705
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $244,302
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $546,692
30.4%
Assets/Debt
Total Assets $18,890,510
Total Liabilities $9,562,006
Net Assets $9,328,504
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $109,928 $0 $20,313
Michael Welch (Vice President) $78,491 $0 $5,354
Richard Isabelle (Assistant Treasurer) $1,800 $0 $0
John Mcclaughry (Director) $1,700 $0 $0
Nate Houghton (Chairman) $1,520 $0 $0
Andrew Peloquin (Vice Chariman) $1,360 $0 $0
Sally Pratt (Assistant Secretary) $1,320 $0 $0
John Schiffman (Secretary) $1,280 $0 $0
Roena Whitehill (Director) $700 $0 $0
Dennis Hiller (Director) $700 $0 $0
Kenneth Hammer (Director) $600 $0 $0
Gregory Noyes (Director) $600 $0 $0
Kenneth Cargill (Director) $540 $0 $0
Jack Cummings (Director) $400 $0 $0
Louise Calderwood (Director) $360 $0 $0
Pamela Laflamme (Director) $300 $0 $0
Gregory Eastman (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,617,385
Expenses
$1,704,736
Net Income
-$87,351
Net Assets
$9,339,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $658,135
40.7%
Program Services $783,768
48.5%
Investment Income $32,743
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$124,325
Net Fundraising $0
Sales of Assets $132,263
8.2%
Net Inventory Sales $0
Other Revenue $134,801
8.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $290,978
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $422,102
24.8%
Assets/Debt
Total Assets $19,043,529
Total Liabilities $9,703,980
Net Assets $9,339,549
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $108,601 $0 $17,194
Cathy Conway (Vice President) $88,262 $0 $21,617
Richard Isabelle (Assistant Treasurer) $1,700 $0 $0
John Schiffman (Secretary) $1,380 $0 $0
John Mcclaughry (Director) $1,300 $0 $0
Nate Houghton (Chairman) $1,180 $0 $0
Sally Pratt (Assistant Secretary) $1,160 $0 $0
Andrew Peloquin (Vice Chariman) $1,140 $0 $0
Kenneth Cargill (Director) $960 $0 $0
Dennis Hiller (Director) $800 $0 $0
Kenneth Hammer (Director) $760 $0 $0
Roena Whitehill (Director) $600 $0 $0
Jack Cummings (Director) $580 $0 $0
Louise Calderwood (Director) $520 $0 $0
Gregory Noyes (Director) $500 $0 $0
Pamela Laflamme (Director) $400 $0 $0
Linda Lotti (Director Of Finance) $0 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,297,035
Expenses
$2,281,571
Net Income
$15,464
Net Assets
$9,426,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,182,869
51.5%
Program Services $1,075,555
46.8%
Investment Income $30,405
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$95,043
Net Fundraising $0
Sales of Assets $1,377
0.1%
Net Inventory Sales $0
Other Revenue $101,872
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $312,934
13.7%
Professional Fundraising Fees $0
Other Salaries and Wages $457,112
20.0%
Assets/Debt
Total Assets $19,823,663
Total Liabilities $10,396,763
Net Assets $9,426,900
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $108,616 $0 $15,634
Cathy Conway (Vice President) $85,888 $0 $19,868
Jane Simpson (Chief Operating Officer) $58,526 $0 $7,099
Richard Isabelle (Assistant Treasurer) $2,000 $0 $0
John Mc Claughry (Director) $1,600 $0 $0
Nate Houghton (Chairman) $1,420 $0 $0
John Schiffman (Treasurer/Secretary) $1,400 $0 $0
Sally Pratt (Assistant Secretary) $1,400 $0 $0
Andrew Peloquin (Vice Chariman) $1,080 $0 $0
Kenneth Hammer (Director) $800 $0 $0
Roena Whitehill (Director) $760 $0 $0
Louise Calderwood (Director) $720 $0 $0
Kenneth Cargill (Director) $680 $0 $0
Pamela Laflamme (Director) $660 $0 $0
Gregory Noyes (Director) $600 $0 $0
Dennis Hiller (Director) $600 $0 $0
Jack Cummings (Director) $400 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,359,204
Expenses
$2,940,506
Net Income
-$581,302
Net Assets
$9,411,436
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,415,801
60.0%
Program Services $939,121
39.8%
Investment Income $13,672
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income -$105,841
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $96,451
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $388,936
13.2%
Professional Fundraising Fees $0
Other Salaries and Wages $590,676
20.1%
Assets/Debt
Total Assets $20,058,605
Total Liabilities $10,647,169
Net Assets $9,411,436
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $109,085 $0 $23,876
Jane Newland (Senior Vice President) $87,705 $0 $21,677
Cathy Conway (Vice President) $86,969 $0 $26,230
Louise Calderwood (Director) $4,566 $0 $0
Richard Isabelle (Assistant Treasurer) $2,500 $0 $0
Nate Houghton (Chairman) $2,100 $0 $0
Sally Pratt (Assistant Secretary) $1,860 $0 $0
Andrew Peloquin (Vice Chariman) $1,720 $0 $0
John Schiffman (Treasurer/Secretary) $1,380 $0 $0
Kenneth Hammer (Director) $1,000 $0 $0
Roena Whitehill (Director) $900 $0 $0
John Mcclaughry (Director) $800 $0 $0
Pamela Laflamme (Director) $800 $0 $0
Gregory Noyes (Director) $600 $0 $0
Dennis Hiller (Director) $600 $0 $0
Kenneth Cargill (Director) $540 $0 $0
Jack Cummings (Director) $400 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,275,983
Expenses
$3,256,007
Net Income
$19,976
Net Assets
$11,455,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,446,978
74.7%
Program Services $743,559
22.7%
Investment Income $12,766
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$1,436
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $74,116
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $335,232
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $618,591
19.0%
Assets/Debt
Total Assets $20,473,999
Total Liabilities $9,018,952
Net Assets $11,455,047
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $111,796 $0 $12,473
Jane Newland (Senior Vice President) $83,579 $0 $9,904
Cathy Conway (Vice President) $83,157 $0 $10,326
Rick Isabelle (Director) $2,400 $0 $0
John Mcclaughry (Director) $2,200 $0 $0
Sally Pratt (Assistant Secretary) $1,700 $0 $0
Nate Houghton (Chairman) $1,600 $0 $0
Andrew Peloquin (Vice Chairman) $1,280 $0 $0
John Schiffman (Treasurer) $940 $0 $0
Greg Eastman (Director) $920 $0 $0
Louise Calderwood (Director) $860 $0 $0
Kenneth Hammer (Director) $800 $0 $0
Dennis Hiller (Director) $700 $0 $0
Jack Cummings (Director) $500 $0 $0
Gregory Noyes (Director) $500 $0 $0
Kenneth Cargill (Director) $460 $0 $0
Bob Bishop (Director) $400 $0 $0
Pamela Laflamme (Director) $300 $0 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,767,379
Expenses
$3,747,982
Net Income
$19,397
Net Assets
$11,765,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,904,272
77.1%
Program Services $785,006
20.8%
Investment Income $29,290
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income -$1,839
Net Fundraising $0
Sales of Assets -$246
Net Inventory Sales $0
Other Revenue $50,896
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $327,356
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $553,067
14.8%
Assets/Debt
Total Assets $22,236,676
Total Liabilities $10,471,609
Net Assets $11,765,067
Compensation
Key Employees and Officers Compensation Related Other
Jon Freeman (President) $99,311 $0 $11,022
Cathy Conway (Vice President) $80,842 $0 $9,254
Jane Newland (Senior Vice President) $80,302 $0 $9,194
Nate Houghton (Chairman) $2,000 $0 $0
Rick Isabelle (Director) $1,800 $0 $0
John Mcclaughry (Director) $1,800 $0 $0
Sally Pratt (Assistant Secretary) $1,560 $0 $0
Andrew Peloquin (Vice Chairman) $1,260 $0 $0
John Schiffman (Treasurer) $940 $0 $0
Greg Eastman (Director) $860 $0 $0
Louise Calderwood (Director) $780 $0 $0
Bob Bishop (Director) $700 $0 $0
Gregory Noyes (Director) $560 $0 $0
Kenneth Hammer (Director) $460 $0 $0
Dennis Hiller (Director) $400 $0 $0
Kenneth Cargill (Director) $360 $0 $0
Jack Cummings (Director) $300 $0 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,103,225
Expenses
$3,662,458
Net Income
-$559,233
Net Assets
$11,745,666
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,185,044
70.4%
Program Services $809,898
26.1%
Investment Income $66,739
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$16,975
Net Fundraising $0
Sales of Assets -$1,919
Net Inventory Sales $0
Other Revenue $60,438
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $315,437
8.6%
Professional Fundraising Fees $0
Other Salaries and Wages $651,963
17.8%
Assets/Debt
Total Assets $21,690,132
Total Liabilities $9,944,466
Net Assets $11,745,666

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,073,151
Expenses
$4,541,287
Net Income
$531,864
Net Assets
$12,304,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,356,563
85.9%
Program Services $1,078,184
21.3%
Investment Income $72,313
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$338,506
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$95,403
Notable Expenses Percent of Total Expenses
Executive Compensation $311,606
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $687,440
15.1%
Assets/Debt
Total Assets $22,988,207
Total Liabilities $10,683,308
Net Assets $12,304,899

Document Links

Fiscal Year Ending March
2011

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 March
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 March
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 March
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 March
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 March
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 March
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 March
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 March
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 March
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

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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  • 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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