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Nonprofiteer
← BRIDGEPORT ECONOMIC DEVELOPMENT CORP

Form 990 for tax year 2024

Filed by BRIDGEPORT ECONOMIC DEVELOPMENT CORP.

Totals

Total revenue
$1,158,760
Total expenses
$1,388,654
Contributions and grants received
$1,101,678
Grants paid
$0
Program service revenue
$13,625
Investment income
$43,455
Other revenue
$2
Total assets, end of year
$1,641,430
Total liabilities, end of year
$500,793
Net assets or fund balances, end of year
$1,140,637
Program services expenses (Part IX)
$1,351,574
Management and general expenses
$37,080
Fundraising expenses
$0
Program service expenses (Part III)
$1,351,574

Program services were 97.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MAUREEN FUNKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CAROLYN GONZALEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM COLEMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANDRE BAKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHN BUNDSCHUH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHARLES SCOTT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GEORGE ESTRADA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ALBERT CARBONE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAUL TIMPANELLI

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • EDWARD LAVERNOICH

    PRESIDENT AND SECRETARY

    Total calculated
    $83,966
    From this org
    $0
    From related orgs
    $83,966
    Other
    $0
    Hours/week
    25

  • DAVID LEVINE

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202533189349304278

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