Form 990 for tax year 2023
Filed by NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $123,045
- Total expenses
- $123,788
- Contributions and grants received
- $123,045
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $27,835
- Total liabilities, end of year
- $4,610
- Net assets or fund balances, end of year
- $23,225
- Program services expenses (Part IX)
- $123,788
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $123,788
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$92,000
-
1f · All other contributions, gifts and grants
$31,045
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $75,000 · program services $75,000
-
7 · Other salaries and wages
total $20,000 · program services $20,000
-
8 · Pension plan contributions
total $3,000 · program services $3,000
-
10 · Payroll taxes
total $7,961 · program services $7,961
-
11c · Fees: accounting
total $2,200 · program services $2,200
-
12 · Advertising and promotion
total $200 · program services $200
-
13 · Office expenses
total $476 · program services $476
-
14 · Information technology
total $443 · program services $443
-
17 · Travel
total $1,520 · program services $1,520
-
22 · Depreciation, depletion and amortization
total $309 · program services $309
-
23 · Insurance
total $3,629 · program services $3,629
-
24a · Other expenses: TELEPHONE
total $2,910 · program services $2,910
-
24b · Other expenses: PAYROLL SERVICE
total $2,000 · program services $2,000
-
24c · Other expenses: UTILITIES
total $1,872 · program services $1,872
-
24d · Other expenses: ANNUAL MEETING
total $1,176 · program services $1,176
-
24e · All other expenses
total $1,092 · program services $1,092
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $28,363 · end of year $24,813
-
9 · Prepaid expenses and deferred charges
beginning of year $724 · end of year $144
-
10a · Land, buildings and equipment: cost or other basis
$11,763
-
10b · Land, buildings and equipment: accumulated depreciation
$8,985
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $2,778
-
15 · Other assets
beginning of year $100 · end of year $100
-
17 · Accounts payable and accrued expenses
beginning of year $5,219 · end of year $4,610
-
27 · Net assets without donor restrictions
beginning of year $23,968 · end of year $23,225
Mission and programs · 2023
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN THE BOROUGH OF NAUGATUCK, CONNECTICUT
Activities or mission (Part I)
ADVANCE THE ECONOMIC DEVELOPMENT AND PUBLIC WELFARE OF THE BOROUGH OF NAUGATUCK, A MUNICIPAL ORGANIZED AND EXISTING UNDER THE STATE OF CONNECTICUT BY PROMOTING AND ASSISTING THE DEVELOPMENT OF BUSINESS AND INDUSTRY FOR THE BOROUGH OF NAUGATUCK, INCLUDING BUT NOT LIMITED TO BY ENCOURAGING OF PUBLIC AND PRIVATE PARTNERSHIPS, COORDINATING OF PLANNING AND DEVELOPMENT, LEVERAGING OF RESOURCES, PROVIDING AND DEVELOPING LEADERSHIP FOR ECONOMIC AND DEVELOPMENT ACTIVITIES, REVITALIZING DOWNTOWN NAUGATUCK, PROVIDING TECHNICAL SUPPORT TO LOCAL BUSINESS, AND OTHER COMMUNITY DEVELOPMENT ACTIVITIES.
-
ECONOMIC DEVELOPMENT IN THE BOROUGH OF NAUGATUCK CONNECTICUT
Expenses $123,788
As filed on the 2023 return.
Listed in Part VII
-
Lisa ShappyLISA SHAPPY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca ZandvlietREBECCA ZANDVLIET
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Carlos SantosCARLOS SANTOS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Christopher MontiniCHRISTOPHER MONTINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert MezzoROBERT MEZZO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carlos BatistaCARLOS BATISTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Seth BronkoSETH BRONKO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pete HessPETE HESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert NethROBERT NETH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pedro PiresPEDRO PIRES
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ken HanksKEN HANKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erica RochaERICA ROCHA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chester CornacchiaCHESTER CORNACCHIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rosa RebimbasROSA REBIMBAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marcelo MartinsMARCELO MARTINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda MayfieldLINDA MAYFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alan MonteiroALAN MONTEIRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Fred DlugokeckiFRED DLUGOKECKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vince SiefertVINCE SIEFERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ron PulgieseRON PULGIESE
CEO
- Total calculated
- $75,000
- From this org
- $75,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412889349301516
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