Granite Edvance Corporation
Donations deductibleRevenue
$61.2m
year to 30 September 2025
Expenses
$59.2m
year to 30 September 2025
Total assets
$912.8m
$585.1m liabilities
Net assets
$327.7m
assets less liabilities
Directors and trustees
14
5.9 years on average
Staff
101
96 volunteers
Chair observed
≥5 yrs
Susan Huard
Left since last filing
0
no seats appear to have opened
Granite Edvance Corporation's network
14 people11 organisationsi14 people and 11 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Violet dotted lines (12) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 14 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Paul Provost Chair | Trustee; Chair (start 1/2025) | 2020 | 6 yrs |
| Susan Huard Chair | Chair (end 12/2024); Trustee | 2020 | 6 yrs |
| Carol Houle | Treasurer; Trustee | 2021 | 5 yrs |
| Christiana Thornton | President & CEO | 2018 | 8 yrs |
| Chuck Lloyd | Trustee | 2019 | 7 yrs |
| Debra Miller | Trustee | 2022 | 4 yrs |
| Gordon Koff | Vice Chair; Trustee | 2019 | 7 yrs |
| Hans Olson | Trustee | 2022 | 4 yrs |
| Jamie Burnett | Secretary; Trustee | 2020 | 6 yrs |
| MB Lufkin | Trustee | 2024 | 2 yrs |
| Peter Burger | Trustee | 2018 | 8 yrs |
| Rick Elwell | Trustee | 2020 | 6 yrs |
| Sandy Tracy | Trustee | 2021 | 5 yrs |
| William Dwyer | Trustee | 2023 | 3 yrs |
Officers and senior leadership
25 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Ann Marie Thomas | VP & Chief Risk Officer (end 7/2023) | since 2021 |
| Barton Nichelson | Database Administrator | 2021 |
| Blessing Chimwanda | Gen. Counsel/Chief Compliance Off. | since 2024 |
| Carlton Lewis | Solutions Architect | since 2021 |
| Christiana Thornton | President & CEO | 2019 |
| Christopher Nadeau | VP, Information Security & Business Solutions | 2025 |
| Daniel Coughlan | VP Finance | since 2020 |
| Danielle Barrick | VP Communications & External Affairs | since 2023 |
| Dean Grondin | Vice President & CFO | since 2018 |
| Erik Sobel | VP Technology Solutions & Security | since 2020 |
| John Flanders | VP & Chief Strategy/Lending Officer | since 2020 |
| Joseph Atchinson | VP Community Engagement | 2022 |
| Karen Losik | VP Loan Services | 2020 |
| Kathy Maguire | VP Human Resources | 2020 |
| Kathy-Ann Maguire | VP People & Talent Management | since 2023 |
| Linda Crump | CFO (end 2/21) | 2021 |
| Matthew Wallace | VP, Education & Career Pathways | 2025 |
| Merek Weisensee | AVP, Technical Solutions & Support | 2025 |
| Michael Levasseur | VP Compliance | 2020 |
| Minatchy Visvanathan | Business Systems & Data Architect | 2025 |
| Rene A Drouin | President & CEO (end 10/18) | since 2018 |
| Rob Willey | Software Developer Lead | 2022 |
| Robert Woodburn | AVP, Business Systems (end 9/2023) | since 2021 |
| Scott Rogers | VP & CFO | since 2021 |
| Tori Berube | VP CCP & Comm. Engagement (end 8/20) | 2020 |
Pay and hours
year to 30 September 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Christiana Thornton | President & CEO | 40 | $507k | $47k | |
| Scott Rogers | VP & CFO | 40 | $281k | $42k | |
| Blessing Chimwanda | Gen. Counsel/Chief Compliance Off. | 40 | $234k | $8k | |
| John Flanders | VP & Chief Strategy/Lending Officer | 40 | $225k | $38k | |
| Erik Sobel | VP Technology Solutions & Security | 40 | $195k | $21k | |
| Danielle Barrick | VP Chief Communications Officer | 40 | $191k | $10k | |
| Daniel Coughlan | VP Capital Markets/Asset Management | 40 | $153k | $28k | |
| Kathy-Ann Maguire | VP People & Talent Management | 40 | $151k | $36k | |
| Carlton Lewis | Solutions Architect | 40 | $133k | $10k | |
| Christopher Nadeau | VP, Information Security & Business Solutions | 40 | $131k | $34k | |
| Merek Weisensee | AVP, Technical Solutions & Support | 40 | $129k | $10k | |
| Matthew Wallace | VP, Education & Career Pathways | 40 | $116k | $30k | |
| Minatchy Visvanathan | Business Systems & Data Architect | 40 | $113k | $33k | |
| Peter Burger | Trustee | 0.2 | $0 | ||
| William Dwyer | Trustee | 0.2 | $0 | ||
| Rick Elwell | Trustee | 0.2 | $0 | ||
| Chuck Lloyd | Trustee | 0.2 | $0 | ||
| MB Lufkin | Trustee | 0.2 | $0 | ||
| Debra Miller | Trustee | 0.2 | $0 | ||
| Hans Olson | Trustee | 0.2 | $0 | ||
| Sandy Tracy | Trustee | 0.2 | $0 | ||
| Susan Huard | Chair (end 12/2024); Trustee | 0.2 | $0 | ||
| Paul Provost | Trustee; Chair (start 1/2025) | 0.2 | $0 | ||
| Gordon Koff | Vice Chair; Trustee | 0.2 | $0 | ||
| Carol Houle | Treasurer; Trustee | 0.2 | $0 | ||
| Jamie Burnett | Secretary; Trustee | 0.2 | $0 |
About
- Legal name
- Granite Edvance Corporation
- EIN
- 020368776
- Address
- 3 Barrell Court, Concord, NH, 03301-8531
- State
- New Hampshire
- Mission
- To support New Hampshire students and families in navigating their education and career pathways by providing free advisory services, student loans and scholarships for post-secondary education. (as filed on the Form 990)
- Activity (NTEE)
- B820 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 9 (IRS master file code)
- Formed
- 1983
- Principal officer
- Christiana Thornton (as named on the Form 990)
- IRS ruling date
- 1 April 1983
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsChristiana Thornton
≥8years on the filingsPeter Burger
≥7years on the filingsChuck Lloyd
≥7years on the filingsGordon Koff
Latest return
year to 30 September 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 September 2025. US dollars, as filed.- Total assets
- $912.8m
- Total liabilities
- $585.1m
- Net assets or fund balances
- $327.7m
- Contributions and grants received
- $40k
- Program service revenue
- $53.7m
- Grants and similar paid out
- $1m
- Employees
- 101
- Volunteers
- 96
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $63.9m | $60.1m | $3.9m |
As filed on the IRS Form 990. US dollars.
Grants paid
2 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| University System of New Hampshire | To provide support to enrolled students with short-term financial needs. | $100k |
| Community College System of New Hampshire | To provide support to enrolled students with short-term financial needs. | $100k |