STRAFFORD ECONOMIC DEVELOPMENT CORPORATION | COCHECO FALLS MILLWORKS

DOVER, NH | Strafford County
Economic Development

Overview

STRAFFORD ECONOMIC DEVELOPMENT CORPORATION | COCHECO FALLS MILLWORKS
04-3367947
100 MAIN ST STE 101
DOVER, NH 03820
Strafford County
(603) 749-2211

Mission Statement info

THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING, IMPROVING, AND REVITALIZING THE LOCAL ECONOMIC AND INDUSTRIAL BASE AND TO ENSURE THE RETENTION AND CREATION OF HIGH QUALITY EMPLOYMENT OPPORTUNITIES FOR THE RESIDENTS OF THE COMMUNITY.

Founded info
1997
Total Employees info
6
Total Volunteers info
Not reported
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Nonprofit Classification (NTEE Code) info
S40

S - Community Improvement, Capacity Building

Business & Industry

Organizations that provide technical assistance, loans, loan guarantees and other forms of assistance to support the development and growth of a wide variety of business establishments in the community.

IRS Activity Codes info
994
Uncoded
429
Other inner city or community benefit activities
-
Not reported
Standard Business Classification (NAICS Code) info
813910
Business Associations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
1/7/2015
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2017
$686,500
CDFI Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1M
Revenue
$1M
Assets
$12.5M
Exempt Ruling Date info
1997-10
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
NH
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
100 MAIN ST STE 101
DOVER, NH 03820
Strafford County
FIPS Geocoded Address info
14460
MSA/CBSA info
33
State info
017
County info
0814.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Boston-Cambridge-Newton, MA-NH
Combined Statistical Area info
Boston-Worcester-Providence, MA-RI-NH-CT
Metropolitan Division info
Rockingham County-Strafford County, NH
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0814.00 Strafford County
Population
Total Population 2,027 128,237
Total Households 946 48,548
Income
Median Family Income (Census*) $64,583 $70,650
Median Family Income (2019 FFIEC) $103,200 N/A
Tract Income Percentage 71.63% N/A
Below Poverty Level 15.8% 10.0%
Unemployment Level 6.4% 4.1%
Housing
Total Housing Units 1,002 53,502
Total Owner-Occupied Units 29.1% 66.3%
Total Renter-Occupied Units 65.3% 33.7%
Total Vacant Units 5.6% 7.2%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

9
Total Voting Members
in Governing Body
info
9
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Dennis McCann
Executive Director
(603) 749-2211
Principal Officer info
Dennis McCann
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.