Strafford Economic Development Corporation

Community Development · Dover, New Hampshire

Cocheco Falls Millworks 100 Main St, Dover, NH 03820-0000

EIN: 043367947· Founded: Oct 1997· 29 years active· Filing Year: 2023

Annual Revenue

$2.4M

Total Expenses

$791K

Total Assets

$17.6M

Program Spending

120%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$196K

24.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$177K

Total Payroll

$372K

47% of total expenses

Where the Money Goes

100%

Programs: 100%

Payroll: 47%

Other overhead: -20%

Program Revenue$952K (39%)

Total Expenses$791K (33%)

Payroll$372K (47%)

Overhead (non-program)-20%

Trust Score Breakdown

Program Spending Ratio

120% of expenses go to programs

40%

Revenue & Stability

$2.4M annual revenue

15%

Executive Compensation

$196K total officer comp (24.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$17.6M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.