NEW HAMPSHIRE COMMUNITY LOAN FUND: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: NEW HAMPSHIRE COMMUNITY LOAN FUND (EIN 22-2524015)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-11-08
IRS object ID: 201233139349301708
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-08T14:34:55-06:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	042571780	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALEXANDER ARONSON FINNING & CO PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	21 EAST MAIN STREET	AddressLine1
City	WESTBORO	City
State	MA	State
ZIP Code	01581	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	222524015	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NEW HAMPSHIRE COMMUNITY LOAN FUND	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	NEWH	NameControl
Phone	6032246669	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7 WALL STREET	AddressLine1
City	CONCORD	City
State	NH	State
ZIP Code	03301	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JULIANA EADES	Name
Title	PRESIDENT	Title
Phone	6032246669	Phone
Date Signed	2012-11-01	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	THOMAS WASHBURN CPA	Name
PTIN	P00537319	PTIN
Phone	5083669100	Phone
Date Prepared	2012-10-31	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JULIANA EADES	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	7 WALL STREET	AddressLine1
City	CONCORD	City
State	NH	State
ZIP Code	03301	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	9423429	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.COMMUNITYLOANFUND.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1983	YearFormation
State Legal Domicile	NH	StateLegalDomicile
Activity Or Mission Description	TO SERVE AS A CATALYST, LEVERAGING FINANCIAL, HUMAN AND CIVIC RESOURCES TO ENABLE TRADITIONALLY UNDERSERVED PEOPLE TO OWN HOMES, HAVE QUALITY JOBS AND CHILD CARE, AND BECOME FINANCIALLY INDEPENDENT. WE DO THIS BY PROVIDING LOANS, CAPITAL AND TECHNICAL ASSISTANCE; COMPLEMENTING AND EXTENDING THE REACH OF CONVENTIONAL LENDERS AND PUBLIC INSTITUTIONS; AND BRINGING PEOPLE AND INSTITUTIONS TOGETHER TO SOLVE PROBLEMS.ESTABLISHED IN 1983, THE COMMUNITY LOAN FUND WAS ONE OF THE FIRST COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS IN THE NATION, AND IS RECOGNIZED AS A NATIONAL LEADER FOR ITS INNOVATION, SOCIAL IMPACT AND FINANCIAL STRENGTH AND PERFORMANCE. THE COMMUNITY LOAN FUND WAS THE 2009 RECIPIENT OF THE NEXT AWARD FOR OPPORTUNITY FINANCE, THE HIGHEST HONOR IN OUR FIELD.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	13	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	55	TotalNbrEmployees
Total Nbr Volunteers	36	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	7474106	ContributionsGrantsPriorYear
Contributions Grants Current Year	4203462	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	4567066	ProgramServiceRevenuePriorYear
Program Service Revenue CY	4813074	ProgramServiceRevenueCY
Investment Income Prior Year	-54776	InvestmentIncomePriorYear
Investment Income Current Year	134314	InvestmentIncomeCurrentYear
Other Revenue Prior Year	557	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	11986953	TotalRevenuePriorYear
Total Revenue Current Year	9150850	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	496726	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	1757352	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	3695798	SalariesEtcPriorYear
Salaries Etc Current Year	3746768	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	13031	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	134249	TotalFundrsngExpCurrentYear
Other Expense Prior Year	7111444	OtherExpensePriorYear
Other Expenses Current Year	4372298	OtherExpensesCurrentYear
Total Expenses Prior Year	11316999	TotalExpensesPriorYear
Total Expenses Current Year	9876418	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	669954	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-725568	RevenuesLessExpensesCY
Total Assets BOY	80334100	TotalAssetsBOY
Total Assets EOY	83468454	TotalAssetsEOY
Total Liabilities BOY	60754480	TotalLiabilitiesBOY
Total Liabilities EOY	63794046	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	19579620	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	19674408	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	TO SERVE AS A CATALYST, LEVERAGING FINANCIAL, HUMAN AND CIVIC RESOURCES TO ENABLE TRADITIONALLY UNDERSERVED PEOPLE TO OWN HOMES, HAVE QUALITY JOBS AND CHILD CARE, AND BECOME FINANCIALLY INDEPENDENT. WE DO THIS BY PROVIDING LOANS, CAPITAL AND TECHNICAL ASSISTANCE; COMPLEMENTING AND EXTENDING THE REACH OF CONVENTIONAL LENDERS AND PUBLIC INSTITUTIONS; AND BRINGING PEOPLE AND INSTITUTIONS TOGETHER TO SOLVE PROBLEMS.ESTABLISHED IN 1983, THE COMMUNITY LOAN FUND WAS ONE OF THE FIRST COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS IN THE NATION, AND IS RECOGNIZED AS A NATIONAL LEADER FOR ITS INNOVATION, SOCIAL IMPACT AND FINANCIAL STRENGTH AND PERFORMANCE. THE COMMUNITY LOAN FUND WAS THE 2009 RECIPIENT OF THE NEXT AWARD FOR OPPORTUNITY FINANCE, THE HIGHEST HONOR IN OUR FIELD.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	4628601	Expense
Grants	1218158	Grants
Revenue	3883312	Revenue
Description	AFFORDABLE HOUSING - SEE SCHEDULE O	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	2258939	Expense
Grants	0	Grants
Revenue	538	Revenue
Description	CAPITALIZATION AND PHILANTHROPY - SEE SCHEDULE O	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	1434968	Expense
Grants	70997	Grants
Revenue	401589	Revenue
Description	ECONOMIC OPPORTUNITY - SEE SCHEDULE O	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	489467	Expense
Grants	468197	Grants
Revenue	339403	Revenue
Description	COMMUNITY FACILITIESSINCE 1984, OUR COMMUNITY FACILITIES FINANCING HAS SUPPORTED ESSENTIAL SERVICES, WITH A SPECIAL FOCUS ON NONPROFIT AND HOME-BASED CHILD DEVELOPMENT SERVICES, BY HELPING NONPROFIT ORGANIZATIONS BUY, RENOVATE, OR BUILD FACILITIES.IN FY 12, THE COMMUNITY LOAN FUND MADE SIX COMMUNITY FACILITIES LOANS TOTALING $1.9 MILLION, SUPPORTING 134 JOBS AND CREATING OR IMPROVING EIGHT HOUSING UNITS AND 57,426 SQUARE FEET OF FACILITIES SPACE.ONE OF THOSE LOANS WAS TO A STATEWIDE NONPROFIT THAT ENCOURAGES THE HUMANE TREATMENT OF ANIMALS BY PROVIDING SHELTER, ADOPTION, EDUCATION, AND OTHER SERVICES. FOLLOWING THE RECOMMENDATIONS OF A COMPREHENSIVE ENERGY AUDIT, WE LOANED $175,350 IN JANUARY 2012 TO HELP FINANCE ENERGY IMPROVEMENTS THAT INCLUDED INSULATING AND AIR-SEALING THE BUILDINGS AND INSTALLING A WOOD PELLET BOILER AND A SOLAR THERMAL HOT WATER SYSTEM. THE LOAN SUPPORTED 33 JOBS AND 24,000 SQUARE FEET OF NONPROFIT FACILITY SPACE.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	489467	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	468197	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	339403	TotalOfOtherProgramServiceRev
Total Program Service Expense	8811975	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	1	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	365	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	55	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	13	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	1	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	BONNIE SCADOVA	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	6032246669	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	7 WALL STREET	AddressLine1
City	CONCORD	City
State	NH	State
ZIP Code	03301	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
DEBORAH BUTLER
TREASURER	1.00	X	X	0	0	0
JOHN FLANDERS
DIRECTOR	1.00	X		0	0	0
RAY GIROUX
VICE SECRETARY	1.00	X	X	0	0	0
CHRISTINA HILL
DIRECTOR	1.00	X		0	0	0
LAURA JAMISON
DIRECTOR	1.00	X		0	0	0
SARA VARELA
DIRECTOR	1.00	X		0	0	0
DEBBY MILLER
VICE CHAIR	1.00	X	X	0	0	0
LOIS PARRIS
SECRETARY	1.00	X	X	0	0	0
PAULA ROGERS
CHAIR	1.00	X	X	0	0	0
RANDY ROODY
VICE TREASURER	1.00	X	X	0	0	0
MICHAEL SWACK
EMERITUS	1.00	X		0	0	0
EDWARD TOMEY
DIRECTOR	1.00	X		0	0	0
JULIANA EADES
PRESIDENT	40.00	X	X	114280	0	23607
BONNIE SCADOVA
CHIEF FINANCIAL OFFICER	40.00		X	87651	0	23991

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	201931	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	47598	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	FAIRHAVEN ASSOCLLC	BusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 544	AddressLine1
City	PEMBROKE	City
State	NH	State
ZIP Code	03275	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	INTERIM PROGRAM MANAGEMENT	DescriptionOfServices
Compensation	126900	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Government Grants	2561936	GovernmentGrants
All Other Contributions	1641526	AllOtherContributions
Noncash Contributions	81797	NoncashContributions
Total Contributions	4203462	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INTEREST FROM LOANS	531390	4491470	4491470
FEE AND OTHER INCOME	531390	222154	222154
RENTAL INCOME	531120	99450	99450

Field	Value	IRS element (for citing)
Total Program Service Revenue	4813074	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	220643	TotalRevenueColumn
Exclusion	$220,643	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	186250	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	272579	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-86329	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-86329	TotalRevenueColumn
Related Or Exempt Function Income	-86329	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	9150850	TotalRevenueColumn
Related Or Exempt Function Income	4726745	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$220,643	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	1394137	Total
Program Services	1394137	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	363215	Total
Program Services	363215	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	253678	Total
Program Services	160296	ProgramServices
Management And General	79533	ManagementAndGeneral
Fundraising	13849	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2751995	Total
Program Services	2184355	ProgramServices
Management And General	493183	ManagementAndGeneral
Fundraising	74457	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	76468	Total
Program Services	60792	ProgramServices
Management And General	13594	ManagementAndGeneral
Fundraising	2082	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	425400	Total
Program Services	341539	ProgramServices
Management And General	72068	ManagementAndGeneral
Fundraising	11793	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	239227	Total
Program Services	188140	ProgramServices
Management And General	44108	ManagementAndGeneral
Fundraising	6979	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	84000	Total
Program Services	84000	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	4208	Total
Program Services	4040	ProgramServices
Management And General	145	ManagementAndGeneral
Fundraising	23	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	96376	Total
Program Services	75614	ProgramServices
Management And General	17885	ManagementAndGeneral
Fundraising	2877	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	5563	Total
Program Services	5543	ProgramServices
Management And General	17	ManagementAndGeneral
Fundraising	3	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	306233	Total
Program Services	256293	ProgramServices
Management And General	43393	ManagementAndGeneral
Fundraising	6547	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	23698	Total
Program Services	23698	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	263240	Total
Program Services	241421	ProgramServices
Management And General	16357	ManagementAndGeneral
Fundraising	5462	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	81002	Total
Program Services	65476	ProgramServices
Management And General	13505	ManagementAndGeneral
Fundraising	2021	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	98596	Total
Program Services	58735	ProgramServices
Management And General	37824	ManagementAndGeneral
Fundraising	2037	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	84623	Total
Program Services	80185	ProgramServices
Management And General	3914	ManagementAndGeneral
Fundraising	524	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	54547	Total
Program Services	53335	ProgramServices
Management And General	1038	ManagementAndGeneral
Fundraising	174	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	2023151	Total
Program Services	2023151	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	158651	Total
Program Services	97637	ProgramServices
Management And General	57807	ManagementAndGeneral
Fundraising	3207	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	85192	Total
Program Services	50972	ProgramServices
Management And General	32515	ManagementAndGeneral
Fundraising	1705	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
LOAN LOSS PROVISION	917475	917475
PROPERTY EXPENSES	55147	55147
TRAINING	30596	26779	3308	509

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	9876418	Total
Program Services	8811975	ProgramServices
Management And General	930194	ManagementAndGeneral
Fundraising	134249	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	11398572	BOY
EOY	9780430	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	4103091	BOY
EOY	930224	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	559399	BOY
EOY	327358	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	24670	BOY
EOY	26491	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	5627099	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1042427	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4627711	BOY
EOY	4584672	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	8533689	BOY
EOY	7568665	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	51036068	BOY
EOY	60169313	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	50900	BOY
EOY	81301	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	80334100	BOY
EOY	83468454	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1152046	BOY
EOY	1507220	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	432696	BOY
EOY	1211551	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	49569738	BOY
EOY	51475275	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	9600000	BOY
EOY	9600000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	60754480	BOY
EOY	63794046	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	7128937	BOY
EOY	7747227	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4952483	BOY
EOY	4234600	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	7498200	BOY
EOY	7692581	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	19579620	BOY
EOY	19674408	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	80334100	BOY
EOY	83468454	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-725568	ReconcilationRevenueExpenses
Reconcilation Other Changes	820356	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3382643	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5375662	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3452998	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7474108	CurrentTaxYearMinus1Year
Current Tax Year	4203462	CurrentTaxYear
Total	23888873	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3382643	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5375662	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3452998	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7474108	CurrentTaxYearMinus1Year
Current Tax Year	4203462	CurrentTaxYear
Total	23888873	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	2045320	AmountsSubstContributorsTotal
Public Support Total170	21843553	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	436928	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	191293	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	145285	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	146943	CurrentTaxYearMinus1Year
Current Tax Year	151560	CurrentTaxYear
Total	1072009	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	103313	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11623	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1602	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	557	CurrentTaxYearMinus1Year
Total	117095	Total

Field	Value	IRS element (for citing)
Total Support	25077977	TotalSupport
Gross Receipts From Admissions Etc	21696068	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.87100	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.90560	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	930	FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	4633	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	5563	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	9870855	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	9876418	FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	643821	FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	160955	FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	551420	CurrentYearMinus3
Current Year Minus2	524733	CurrentYearMinus2
Current Year Minus1	715850	CurrentYearMinus1
Current Year	643821	CurrentYear
Total	2435824	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$3,653,736	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus3	4467	CurrentYearMinus3
Current Year Minus2	15876	CurrentYearMinus2
Current Year Minus1	9977	CurrentYearMinus1
Current Year	5563	CurrentYear
Total	35883	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	137885	CurrentYearMinus3
Current Year Minus2	131183	CurrentYearMinus2
Current Year Minus1	178963	CurrentYearMinus1
Current Year	160955	CurrentYear
Total	608986	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$913,479	GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	409	CurrentYearMinus2
Current Year Minus1	191	CurrentYearMinus1
Current Year	930	CurrentYear
Total	1530	Total

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	321461	OtherCostOrOtherBasis
Book Value	321461	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4704830	OtherCostOrOtherBasis
Depreciation	602641	Depreciation
Book Value	4102189	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	551023	OtherCostOrOtherBasis
Depreciation	439786	Depreciation
Book Value	111237	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	49785	OtherCostOrOtherBasis
Book Value	49785	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4584672	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
LOANS RECEIVABLE	58173630	F
ROC USA	1526184	F
OTHER PROGRAM-RELATED EQUITY INVESTMENTS	469499	F

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	60169313	TotalOfBookValueProgramRelated

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	EQUITY EQUIVALENTS PAYABLE	Description
Amount	$9,600,000	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	9600000	TotalOfAmounts
Total Revenue	9150850	TotalRevenue
Total Expenses	9876418	TotalExpenses
Excess Or Deficit For Year	-725568	ExcessOrDeficitForYear
Net Unrealized GL On Investments	820356	NetUnrealizedGLOnInvestments
Total Adjustments	820356	TotalAdjustments
Excess Or Deficit Per FS	94788	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	5274878	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	820356	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	1650	DonatedSrvcAndUseOfFacilities
Other Revenues	-4697978	OtherRevenues
Revenue Not Rptd F990	-3875972	RevenueNotRptdF990
Revenue Subtotal	9150850	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	9150850	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5180090	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	1650	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	1650	ExpensesNotRptdF990
Expenses Subtotal	5178440	ExpensesSubtotal
Other Expenses Not Included	4697978	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	4697978	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	9876418	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	THE COMMUNITY LOAN FUND FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD, WHICH REQUIRES THE COMMUNITY LOAN FUND TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2012, THE COMMUNITY LOAN FUND DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE COMMUNITY LOAN FUND DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. INFORMATION RETURNS FILED FOR THE PRIOR THREE YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE STATE OF NEW HAMPSHIRE.
PART XII, LINE 2D - OTHER ADJUSTMENTS:		PROVISION FOR LOSS ON LOANS AND GUARANTIES -917,475. INTEREST EXPENSE -2,023,151. PASS THROUGH -1,757,352.
PART XIII, LINE 4B - OTHER ADJUSTMENTS:		INTEREST EXPENSE 2,023,151. PROVISION FOR LOSS ON LOANS AND GUARANTIES 917,475. PASS THROUGH 1,757,352.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable (18 entries)

Address Line1AddressUS/AddressLine1	Address Line2AddressUS/AddressLine2	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	Amount Of Cash GrantAmountOfCashGrant	Method Of ValuationMethodOfValuation	Purpose Of GrantPurposeOfGrant
COMMUNITY ACTION PROGRAM BELKNAP-MERRIMACK COUNTIES INC
PO BOX 1016 2 INDUSTRIAL PARK DRIVE	DRIVE	CONCORD	NH	03302	020270376	669571	CASH	ENERGY EFFICIENCY IMPROVEMENTS
BEARCAMP VALLEY SCHOOL & CHILDRENS CENTER
27 DURRELL RD		TAMWORTH	NH	03886	020270074	15000	CASH	ENERGY EFFICIENCY IMPROVEMENTS
MERRIMACK VALLEY DAY CARE SERVICES
19 NO FRUIT ST		CONCORD	NH	03302	026019236	15000	CASH	ENERGY EFFICIENCY IMPROVEMENTS
DOVER CHILDREN'S CENTER
43 BACK RIVER RD		DOVER	NH	03820	020303815	14517	CASH	ENERGY EFFICIENCY IMPROVEMENTS
FAMILIES IN TRANSITION
122 MARKET ST		MANCHESTER	NH	03101	020475414	231883	CASH	ENERGY EFFICIENCY IMPROVEMENTS
GREAT BAY KIDS CO INC
81 NEW HAMPSHIRE AVE		PORTSMOUTH	NH	03801	020272439	15384	CASH	ENERGY EFFICIENCY IMPROVEMENTS
GREEN MOUNTAIN CHILDRENS CENTER
90 CHARLESTOWN RD		CLAREMONT	NH	03743	223032403	5000	CASH	ENERGY EFFICIENCY IMPROVEMENTS
KEENE DAY CARE CENTER
86 WOOD ST		KEENE	NH	03431	020301063	15000	CASH	ENERGY EFFICIENCY IMPROVEMENTS
LITTLE ARROWS CHILD CARE SERVICES
365 SOUTH ST		MILFORD	NH	03055	223200995	15384	CASH	ENERGY EFFICIENCY IMPROVEMENTS
OSSIPEE CONCERNED CITIZENS INC
PO BOX 426		CENTER OSSIPEE	NH	03814	510138791	15384	CASH	ENERGY EFFICIENCY IMPROVEMENTS
CROSS ROADS HOUSE INC
600 LAFAYETTE RD		PORTSMOUTH	NH	03801	222549963	89993	CASH	ENERGY EFFICIENCY IMPROVEMENTS
HAMPSHIRE HILLS RACQUET & HEALTH CLUB INC
50 EMERSON RD		MILFORD	NH	03055	020306025	20838	CASH	ENERGY EFFICIENCY IMPROVEMENTS
JOURNEYS IN EDUCATION INC DBA MARIPOSA MUSEUM
26 MAIN STREET		PETERBOROUGH	NH	03458	020527431	11000	CASH	ENERGY EFFICIENCY IMPROVEMENTS
KHEOPS INTERNATIONAL INC
232 ROUTE 3		COLEBROOK	NH	03576	593217467	10000	CASH	ENERGY EFFICIENCY IMPROVEMENTS
MILES SMITH FARM
56 WHITEHOUSE RD		LOUDON	NH	03307	274194971	15681	CASH	ENERGY EFFICIENCY IMPROVEMENTS
NH SOCIETY FOR THE PROTECTION OF ANIMALS
104 PORTSMOUTH AVE		STRATHAM	NH	03885	026000614	68450	CASH	ENERGY EFFICIENCY IMPROVEMENTS
WLR INC DBA NORTH WOODS MANUFACTURING
140 PROSPECT ST		LANCASTER	NH	03584	270886050	8386	CASH	ENERGY EFFICIENCY IMPROVEMENTS
RIVERBEND COMMUNITY MENTAL HEALTH INC
3-5 NORTH STATE ST		CONCORD	NH	03301	020264383	135069	CASH	ENERGY EFFICIENCY IMPROVEMENTS

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
IDA MATCHED SAVINGS GRANTS	77	348911
ENERGY EFFICIENCY IMPROVEMENT GRANTS	2	14304

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: PROGRAM MANAGERS OVERSEE GRANT PROGRAMS AND MONITOR THE USE OF FUNDS BY GRANTEES THROUGH A VARIETY OF MEANS INCLUDING PERFORMANCE REPORTS, FINANCIAL REPORTS, INVOICES, PHOTOGRAPHY AND OTHER FORMS OF SUBSTANTIATING DOCUMENTATION.	Explanation

Schedule M IRS990ScheduleM

Securities Closely Held Stock SecuritiesCloselyHeldStock

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	6	NumberOfContributions
Noncash Contribs Rptd F990	81797	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (11 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PROGRAM SERVICE STATEMENT	PT III, LINE 4A	AFFORDABLE HOUSING FOUR COMMUNITY LOAN FUND PROGRAMS ADDRESS NEW HAMPSHIRE'S NEED FOR HOUSING FOR WORKING FAMILIES AND FOR FAMILIES WITH LOW INCOMES. 1. ROC-NH PROVIDES LOANS, ALONG WITH EDUCATIONAL AND TECHNICAL SUPPORT, TO BUILD LONG-TERM VALUE AND SECURITY FOR RESIDENTS OF NEW HAMPSHIRE'S MANUFACTURED-HOUSING COMMUNITIES. SINCE 1984, ROC-NH HAS PROVIDED TECHNICAL ASSISTANCE AND FINANCING FOR COMMUNITY PURCHASE AND IMPROVEMENT TO HELP HOMEOWNERS PURCHASE, MANAGE AND IMPROVE THEIR COMMUNITIES AS COOPERATIVE CORPORATIONS. AS OF JUNE 30, 2012, 102 RESIDENT-OWNED COMMUNITIES IN NEW HAMPSHIRE WERE HOME TO 5,658 (PRIMARILY LOW-INCOME) HOUSEHOLDS. DURING FISCAL YEAR 2012, THE COMMUNITY LOAN FUND, THROUGH ROC-NH, MADE 14 LOANS TOTALING $5,675,000. IN DOING SO, IT PRESERVED 201 HOUSING UNITS AND PROVIDED 24,576 HOURS OF TECHNICAL ASSISTANCE TO RESIDENT-OWNED COMMUNITIES. IN FEBRUARY 2012, THE RESIDENTS OF BIG W MOBILE HOME PARK IN DERRY PURCHASED THEIR 54-UNIT PARK AND BECAME NEW HAMPSHIRE'S 100TH RESIDENT-OWNED MANUFACTURED-HOUSING COMMUNITY. FIVE YEARS EARLIER, USING FUNDING, TRAINING AND TECHNICAL ASSISTANCE FROM THE COMMUNITY LOAN FUND AND ROC-NH, RESIDENTS HAD ORGANIZED AND FORMED FOXY TERRACE COOPERATIVE, INC. AND BEGUN PLANNING TO CONVERT THEIR PRIVATELY OWNED PARK TO RESIDENT OWNERSHIP. THE COOPERATIVE NEGOTIATED OFF AND ON WITH THE PARK OWNERS BEFORE FINALIZING THE DEAL WITH A MORTGAGE LOAN FROM THE COMMUNITY LOAN FUND. AS A RESULT, RESIDENTS NOW HAVE THE STABILITY OF KNOWING THE LAND WONT BE SOLD FROM UNDER THEIR HOMES, AND HAVE THE POWER TO MANAGE THEIR COMMUNITY'S RULES, RENTS, IMPROVEMENTS AND REPAIRS. TO FOXY TERRACE PRESIDENT RUSSELL BROOKS, THE PURCHASE MEANT THE RESIDENTS WOULD FINALLY DETERMINE THE NEEDS OF THEIR COMMUNITY, DECIDING TOGETHER "WHAT NEEDS TO GET FIXED, WHAT GETS FIXED FIRST AND HOW IT'S GOING TO BE FIXED." BECAUSE THE PURPOSE OF THE COOPERATIVE ISN'T TO PROFIT FROM THE PARK, HE SAID, "WE CAN ACTUALLY PUT THE MONEY INTO MAKING IT A BETTER COMMUNITY - A COMMUNITY EVERYBODY WANTS TO BE PROUD TO LIVE IN." 2. THE COMMUNITY LOAN FUND'S COOPERATIVE HOME LOANS PROVIDE REAL FIXED-RATE MORTGAGE PRODUCTS FOR A GROUP OF HOMEOWNERS THAT DOESN'T OTHERWISE HAVE ACCESS TO SUCH LOANS. MOST BUYERS OF MANUFACTURED HOMES HAVE TO USE PERSONAL PROPERTY LOANS, EVEN WHEN THEY HAVE SECURED THE LAND BENEATH THEIR HOMES THROUGH COOPERATIVE OWNERSHIP. BECAUSE THEY ARE RELATIVELY AFFORDABLE AND AVAILABLE IN RURAL COMMUNITIES, MANUFACTURED HOMES ARE, FOR SOME NEW HAMPSHIRE FAMILIES, THE HOUSING OPTION OF LAST RESORT. THEY ALSO PROVIDE AN AFFORDABLE OPTION FOR ELDER COUPLES WHO ARE DOWNSIZING AND YOUNG COUPLES BEGINNING FAMILIES. IN MAKING NEARLY $25 MILLION IN LOANS SINCE 2002, COOPERATIVE HOME LOANS HAVE SHOWN THESE BORROWERS TO BE BETTER-THAN-AVERAGE RISKS, WITH A CUMULATIVE LOSS RATE OF JUST 1.64 PERCENT. DURING FY 12, THE COOPERATIVE HOME LOANS PROVIDED $2.8 MILLION IN FINANCING TO 87 HOMEOWNERS IN 49 RESIDENT-OWNED COMMUNITIES THROUGHOUT THE STATE. IN 2009, OUR COOPERATIVE HOME LOANS EARNED THE COMMUNITY LOAN FUND THE HIGHEST HONOR GIVEN TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS: THE NEXT AWARD FOR OPPORTUNITY FINANCE. THE PROGRAM'S STRONG PERFORMANCE HAS ALSO ATTRACTED OTHER CONVENTIONAL RESIDENTIAL LENDERS, INCLUDING USDA, NH HOUSING FINANCE AUTHORITY AND FANNIE MAE, TO THIS EMERGING MARKET. IN OCTOBER 2011, WE WERE CONTACTED BY A MAN WHOSE WIFE HAD RECENTLY PASSED AWAY, AND WHOSE RETIREMENT INCOME HAD BEEN CUT BY TWO-THIRDS BY THE RECESSION. HE WAS STRUGGLING WHEN HE CALLED TO ASK IF THERE WAS A WAY TO REDUCE HIS COOPERATIVE HOME LOAN MORTGAGE PAYMENTS. HE HAD MADE EVERY PAYMENT ON TIME, EVEN MAKING DOUBLE PAYMENTS FOR MANY YEARS. WE HELPED HIM CALCULATE WHAT HE COULD AFFORD TO PAY BASED ON HIS NEW INCOME. WE REDUCED HIS MONTHLY PAYMENTS BY MORE THAN $500, WHICH MADE THEM AFFORDABLE. BECAUSE HIS DOUBLE PAYMENTS HAD REDUCED THE LOAN'S PRINCIPAL, EVEN WITH THE LOWER PAYMENT HE WOULD BE ABLE TO PAY OFF THE LOAN FIVE YEARS EARLIER. 3. THE COMMUNITY HOUSING PROGRAM EXPANDS NEW HAMPSHIRE'S SUPPLY OF INCREASINGLY SCARCE AFFORDABLE HOUSING - WITH THE GOAL OF KEEPING IT PERMANENTLY AFFORDABLE - BY PROVIDING LOANS AND TECHNICAL ASSISTANCE TO NONPROFIT HOUSING DEVELOPMENT ORGANIZATIONS. SINCE 1989, COMMUNITY HOUSING HAS HELPED CREATE AND NURTURE A NOW-MATURE NETWORK OF NONPROFIT DEVELOPERS, WHILE ASSISTING COMMUNITY GROUPS TACKLING THEIR FIRST PROJECTS, TO CREATE CAPACITY IN ONE OF THE LEAST-AFFORDABLE STATES IN THE NATION. ALTHOUGH THE PROGRAM'S MOST-CRITICAL FUNCTION IS FILLING FINANCING GAPS, IT ALSO ADVOCATES FOR LOW-INCOME HOUSEHOLDS ON HOUSING-RELATED POLICY ISSUES AND IS A LEADING MEMBER OF A STATEWIDE ADVOCACY COALITION, ONE OF MANY COLLABORATIONS IT HAS HELPED CREATE. IN FY 12, WE LENT $121,815 THROUGH COMMUNITY HOUSING TO HELP AN ORGANIZATION THAT SUPPLIES AFFORDABLE HOUSING AND OTHER SERVICES IN NEW HAMPSHIRE'S LARGEST URBAN AREA. OUR CONSTRUCTION LOAN ENABLED THE ORGANIZATION TO MAKE MUCH-NEEDED ENERGY-EFFICIENCY IMPROVEMENTS IN ONE OF ITS BUILDINGS, MAINTAINING 12 HOUSING UNITS AND 15,000 SQUARE FEET OF NONPROFIT FACILITY SPACE, WHILE SUPPORTING 52 LOCAL JOBS. 4. INDIVIDUAL DEVELOPMENT ACCOUNTS (IDA) PROVIDE MATCHED SAVINGS AND FINANCIAL EDUCATION FOR PEOPLE WITH LOW INCOMES WHO WANT TO SAVE FOR A HOME, OR FOR BUSINESS DEVELOPMENT, COLLEGE, A CAR, OR HOME REPAIR. SINCE 2001, THE NEW HAMPSHIRE IDA PROGRAM HAS PROVIDED MORE THAN $2.7 MILLION TO MATCH THE SAVINGS OF PROGRAM PARTICIPANTS, INCLUDING MORE THAN $1.7 MILLION TO HELP 343 PEOPLE PURCHASE HOMES. ONE SAVER WAS A 42-YEAR-OLD SINGLE MOM WHOSE JOB WAS CUT TO PART-TIME DURING THE RECESSION. WITH HER EARNINGS DWINDLING, SHE FELT HER DREAM - OWNING A HOME FOR HERSELF AND HER YOUNG DAUGHTER - SLIPPING AWAY. HER ADVISER AT A LOCAL HUMAN SERVICES AGENCY AGREED THAT GETTING A COLLEGE DEGREE MIGHT RESULT IN A BETTER-PAYING JOB, WHICH WOULD ALLOW HER TO PURSUE HER OTHER LONG-TERM GOALS, INCLUDING HOMEOWNERSHIP. SHE USED HER IDA SAVINGS TO ENROLL AT A LOCAL COMMUNITY COLLEGE, WHERE SHE EARNED HER ASSOCIATES DEGREE AND RECEIVED THE PRESIDENT'S AWARD OF EXCELLENCE. SHE THEN ENROLLED AT ANOTHER NEARBY COLLEGE, WHERE SHE MADE DEAN'S LIST AND GRADUATED IN SPRING OF 2012 WITH A DEGREE IN HUMAN SERVICES. ALONG THE WAY, SHE RECEIVED A WORK PROMOTION AND A RAISE. ALTHOUGH SHE USED HER IDA SAVINGS FOR EDUCATION, THE FINANCIAL TRAINING SHE RECEIVED HELPED HER SAVE FOR AND BUY A MANUFACTURED HOME IN A NEARBY RESIDENT-OWNED COMMUNITY. IDAS, SHE SAID, ARE "A GOOD OPPORTUNITY FOR SOMEONE WITH MOTIVATION AND DRIVE TO MOVE FORWARD." "WITHOUT THE SUPPORT AND GUIDANCE I RECEIVED, I MIGHT HAVE BECOME FRUSTRATED," SHE SAID. BUT BECAUSE SHE WAS ABLE TO COMPLETE THE PROGRAM, SHE SAYS, "MY LIFE HAS CHANGED A LOT! I'M VERY GRATEFUL."
PROGRAM SERVICE STATEMENT	PT III, LINE 4B	CAPITAL PHILANTHROPY THE COMMUNITY LOAN FUND IS ROOTED IN TWO BELIEFS: -SOME FINANCIAL OBSTACLES PEOPLE FACE ARE NOT DUE SOLELY TO LOW INCOMES, BUT ALSO TO LACK OF CREDIT. -MANY PEOPLE WITH CAPITAL WILL INVEST IN BASIC HUMAN NEEDS IF THERE IS A WAY TO DO SO. THE PHILANTHROPY PROGRAM WORKS ON THE SECOND PART OF THAT EQUATION. IT SEEKS TO MAKE THE COMMUNITY LOAN FUND A CONDUIT THROUGH WHICH PEOPLE, ORGANIZATIONS, FOUNDATIONS AND CORPORATIONS SAFELY AND SECURELY INVEST IN NEW HAMPSHIRE'S PEOPLE AND COMMUNITIES. THE COMMUNITY LOAN FUND IS NEARLY ALONE AMONG COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS IN SOLICITING INVESTMENTS - IN THE FORM OF UNSECURED LOANS - FROM PRIVATE INDIVIDUALS, AS WELL AS FROM INSTITUTIONS LARGE AND SMALL. INVESTMENTS ARRIVE FROM RETIREES AND COMMUNITY CHURCH GROUPS, ALL THE WAY UP TO NATIONAL FOUNDATIONS. INVESTMENTS IN THE COMMUNITY LOAN FUND RANGE FROM $1,000 TO $5 MILLION. IN A CHALLENGING ECONOMY, THE PHILANTHROPY PROGRAM BROUGHT IN $3.44 MILLION FROM 113 NEW INVESTMENTS IN FY 12, PUSHING THE TOTAL NUMBER OF INVESTORS IN THE COMMUNITY LOAN FUND TO 502.
PROGRAM SERVICE STATEMENT	PT III, LINE 4C	ECONOMIC OPPORTUNITY THE COMMUNITY LOAN FUND'S SMALL-BUSINESS LOANS PROVIDE FINANCING FOR BUSINESS FROM SELF-EMPLOYED TRADESMEN TO HIGH-GROWTH, HIGH-MARGIN COMPANIES. MICRO LOANS SERVE PRIMARILY SELF-EMPLOYED PERSONS AND THE SMALLEST COMPANIES. BUSINESS BUILDER LOANS CAN BE USED TO IMPROVE OR GROW A BUSINESS. AND VESTED FOR GROWTH PROVIDES RISK-TOLERANT CAPITAL, BUSINESS EDUCATION, AND PEER-LEARNING OPPORTUNITIES TO HELP OWNERS OF SMALL BUSINESSES INCREASE PROFITS AND CREATE HIGHER-QUALITY JOBS. VESTED FOR GROWTH PROVIDES EXPANSION CAPITAL WITHOUT NECESSARILY THE COLLATERAL REQUIREMENTS OF BANK DEBT AND WITHOUT THE NEED TO SELL THE BUSINESS TO PAY EQUITY INVESTORS. IT ALSO PROVIDES ACCESS TO ENHANCED MANAGEMENT CAPACITY, INDUSTRY CONTACTS, HUMAN RESOURCE DEVELOPMENT, AND OTHER BUSINESS RESOURCES THAT DRIVE THE INNOVATION AND GROWTH NEEDED TO BE SUCCESSFUL IN TODAY'S ECONOMY. IN FY 12, SMALL-BUSINESS LOANS MADE 18 INVESTMENTS TOTALING NEARLY $2.26 MILLION. TWENTY-THREE BUSINESS OWNERS PARTICIPATED IN CEO PEERLINK, A GROUP IN WHICH CEOS MEET MONTHLY TO SHARE BEST PRACTICES, PROVIDE SUPPORT AND SOLVE BUSINESS PROBLEMS. FOR FOUR YEARS, A FARM FAMILY HAD PROVIDED HEALTHY, ORGANIC, HEALTHY FOOD TO RESIDENTS ALONG NEW HAMPSHIRE'S SEACOAST. THEN THEY LEARNED THAT THE LEASE ON THEIR FARMLAND WOULDN'T BE RENEWED. IN FEBRUARY 2012, THE COMMUNITY LOAN FUND PROVIDED A LOAN TO HELP THEM BUY A PARCEL OF LAND ALONG A FERTILE RIVERBED AND RENOVATE AN EXISTING DAIRY FARM THERE. WE ALSO LOANED THEM MONEY TO FINANCE NEW EQUIPMENT. THE LOANS, TOTALING $500,000, SAVED 10 JOBS AND CREATED A HANDFUL OF CONSTRUCTION JOBS AND FIVE PART-TIME SEASONAL JOBS ON THE FARM, ALL WHILE PRESERVING OPEN LAND AND ENCOURAGING SUSTAINABLE FAMILY FARMING.
	FORM 990, PART VI, SECTION A, LINE 3	FAIRHAVEN ASSOCIATES, LLC PROVIDED THE FOLLOWING SERVICES, AS OUTLINED IN WRITTEN SERVICE AGREEMENTS, DURING THE YEAR: 1. SERVING AS PRESIDENT PRO TEM OF THE COMMUNITY LOAN FUND DURING THE PRESIDENT'S SABBATICAL. THIS INCLUDED OVERALL RESPONSIBILITY FOR THE ORGANIZATION INCLUDING DAY-TO-DAY MANAGEMENT OF THE ORGANIZATION; MANAGEMENT OF ALL STAFF; AND REPORTING TO AND WORKING WITH THE BOARD OF DIRECTORS. 2. SERVING AS ACTING VICE PRESIDENT OF PHILANTHROPY INCLUDING OVERSIGHT OF ALL FUND RAISING, GRANTS MAMANGEMENT, AND INVESTOR MANAGEMENT. 3. CONSULTATION RELATIVE TO OVERALL ORGANIZATIONAL DEVELOPMENT AT THE COMMUNITY LOAN FUND INLUDING STRATEGIC PLANNING, DEVELOPMENT OF MANAGEMENT STRUCTURE, AND COACHING OF SENIOR STAFF.
	FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS PREPARED BY STAFF AND THE AUDIT FIRM. A DRAFT OF THE COMPLETED FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE WITH QUESTIONS ADDRESSED AND RESOLVED BY THE AUDIT FIRM. THE FINANCE COMMITTEE VOTES TO RECOMMEND FOR ACCEPTANCE TO THE FULL BOARD, AND MINUTES OF THE COMMITTEE MEETING ARE PRODUCED TO DOCUMENT THE REVIEW AND THE VOTE. A COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS. THE BOARD VOTES TO ACCEPT THE FORM 990 BEFORE IT IS FILED WITH THE IRS.
	FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION REQUIRES EMPLOYEES AND BOARD MEMBERS TO COMPLETE ANNUAL CONFLICT OF INTEREST SURVEYS.
	FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION DATA REGARDING THE TWO TOP EXECUTIVE POSITIONS WAS GATHERED NATIONALLY, REGIONALLY AND LOCALLY. NATIONAL COMPARATIVE DATA WAS OBTAINED FROM THE CHARITY NAVIGATOR 2010-2011 CEO COMPENSATION STUDY WHICH WAS MADE UP OF A POOL OF 3,500 NATION-WIDE NON-PROFIT ORGANIZATIONS WITH 501(C)3 DESIGNATIONS THAT FILE 990S. REGIONAL DATA INCLUDED EVALUATION OF SEVERAL NEW ENGLAND NON-PROFIT INSTITUTIONS SIMILAR TO THE COMMUNITY LOAN FUND IN EITHER SIZE OR ACTIVITY. THIS INFORMATION WAS LOCATED VIA RESEARCH OF THE ORGANIZATIONS' FORMS 990 FOR 2009 AND 2010. LOCAL (NEW HAMPSHIRE) DATA WAS FOUND IN THE 2010 REPORT ON NONPROFIT WAGES & BENEFITS COMPILED BY THE NH CENTER FOR NONPROFITS. AN EXECUTIVE COMPENSATION COMMITTEE WAS APPOINTED BY THE BOARD AND CONSISTED OF THREE BOARD MEMBERS, WITH ASSISTANCE FROM THE HUMAN RESOURCES DIRECTOR. AFTER A REVIEW OF THE DATA AND DISCUSSION, IT WAS DETERMINED THAT BOTH POSITIONS WERE GENERALLY IN LINE WITH THE DATA REVIEWED AND THAT THE COMPENSATION FOR THE TWO POSITIONS IS APPROPRIATE. COPIES OF COMPARABILITY DATA ANALYSIS ARE ON FILE AND RECORDS OF THE EXECUTIVE COMPENSATION COMMITTEE ARE ON FILE.
	FORM 990, PART VI, SECTION C, LINE 19	THE COMMUNITY LOAN FUND'S FORM 990, YEAR-END AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE POSTED ON THE ORGANIZATION'S WEBSITE FOR PUBLIC INSPECTION. BYLAWS AND CONFLICT OF INTEREST POLICIES ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST. THIS IS STATED ON THE ORGANIZATION'S WEBSITE.
CHANGES IN NET ASSETS OR FUND BALANCES:	FORM 990, PART XI, LINE 5:	NET UNREALIZED GAINS ON INVESTMENTS 820,356. TOTAL TO FORM 990, PART XI, LINE 5: 820,356.
	PT XII, LINE 2C	THE FORM 990 IS PROVIDED TO THE BOARD ANNUALLY FOR APPROVAL
	PT IV, LINE 26 AND PT VI-A, LINE 1B	THE COMMUNITY LOAN FUND'S BYLAWS REQUIRE THE BOARD OF DIRECTORS TO INCLUDE REPRESENTATIVES OF BORROWER ORGANIZATIONS AND LENDERS AMONG ITS MEMBERSHIP. DONATIONS AND INVESTMENTS ARE ACCEPTED FROM EMPLOYEES, FROM INDIVIDUAL BOARD MEMBERS, OR FROM ORGANIZATIONS OF WHICH CURRENT AND FORMER MEMBERS ARE SIGNIFICANT EMPLOYEES OR BOARD MEMBERS. ALL TRANSACTION DECISIONS FOLLOW STANDARD POLICIES AND PROCEDURES INCLUDING THOSE COVERING CONFLICT OF INTEREST. FIVE MEMBERS OF THE BOARD OF DIRECTORS HAVE PROVIDED LOANS TOTALING $207,392 TO THE COMMUNITY LOAN FUND. SEVENTEEN EMPLOYEES HAVE PROVIDED LOANS TOTALING $392,583 TO THE COMMUNITY LOAN FUND. ALL BOARD MEMBERS AND STAFF ARE TYPICALLY DONORS TO THE COMMUNITY LOAN FUND. ONE MEMBER OF THE BOARD OF DIRECTORS IS ALSO A BOARD MEMBER OF AN ORGANIZATION THAT HAS A LOAN FROM THE COMMUNITY LOAN FUND TOTALING $178,060. THE TRANSACTIONS ARE PART OF THE COMMUNITY LOAN FUND'S NORMAL COURSE OF BUSINESS AND ARE OPEN TO THE PUIBLIC AT LARGE.