Form 990 for tax year 2024
Filed by ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC.
Totals
- Total revenue
- $4,751,310
- Total expenses
- $4,718,850
- Contributions and grants received
- $970,249
- Grants paid
- $396,886
- Program service revenue
- $3,769,932
- Investment income
- $9,079
- Other revenue
- $2,050
- Total assets, end of year
- $1,800,175
- Total liabilities, end of year
- $1,248,870
- Net assets or fund balances, end of year
- $551,305
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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)
$956,249
-
1f · All other contributions, gifts and grants
$14,000
-
2a · Program service revenue: CONTRACT SERVICE REV.
total $2,995,534 · related or exempt $2,995,534
-
2b · Program service revenue: MEMBERSHIP DUES
total $670,165 · related or exempt $670,165
-
2c · Program service revenue: PAYROLL PROCESSING
total $98,233 · excluded $98,233
-
2d · Program service revenue: OTHER EVENTS
total $6,000 · related or exempt $6,000
-
3 · Investment income
total $9,079 · excluded $9,079
-
6a · Gross rents
real property $194,406
-
6b · Less rental expenses
real property $194,406
-
6c · Rental income or loss
real property $0
-
6d · Net rental income or loss
total $0
-
11a · Other revenue: OTHER INCOME
total $2,050 · excluded $2,050
-
11e · Other revenue, total
$2,050
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $396,886
-
5 · Compensation of officers, directors and key employees
total $543,960
-
7 · Other salaries and wages
total $2,681,243
-
8 · Pension plan contributions
total $190,895
-
9 · Other employee benefits
total $205,758
-
10 · Payroll taxes
total $268,752
-
11c · Fees: accounting
total $10,500
-
12 · Advertising and promotion
total $71,537
-
13 · Office expenses
total $18,798
-
16 · Occupancy
total $24,189
-
19 · Conferences, conventions and meetings
total $19,224
-
22 · Depreciation, depletion and amortization
total $1,582
-
23 · Insurance
total $6,880
-
24a · Other expenses: WORKING CITIES PROGRAM
total $224,364
-
24b · Other expenses: BAD DEBT EXPENSE
total $30,815
-
24c · Other expenses: OTHER
total $14,000
-
24d · Other expenses: MAINTENANCE
total $5,518
-
24e · All other expenses
total $3,949
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $391,057 · end of year $111,219
-
2 · Savings and temporary cash investments
beginning of year $698,195 · end of year $712,827
-
3 · Pledges and grants receivable
beginning of year $33,895 · end of year $75,735
-
4 · Accounts receivable
beginning of year $103,984 · end of year $187,483
-
9 · Prepaid expenses and deferred charges
beginning of year $4,639 · end of year $20,093
-
10a · Land, buildings and equipment: cost or other basis
$82,209
-
10b · Land, buildings and equipment: accumulated depreciation
$78,842
-
10c · Land, buildings and equipment, net
beginning of year $3,618 · end of year $3,367
-
15 · Other assets
beginning of year $456,213 · end of year $689,451
-
17 · Accounts payable and accrued expenses
beginning of year $150,904 · end of year $168,606
-
19 · Deferred revenue
beginning of year $423,011 · end of year $269,976
-
25 · Other liabilities
beginning of year $598,841 · end of year $810,288
-
27 · Net assets without donor restrictions
beginning of year $518,845 · end of year $551,305
Mission and programs · 2024
Mission
TO STIMULATE AND FACILITATE A VIGOROUS REGIONAL ECONOMY, ENCOURAGING AND SUSTAINING CAPITAL INVESTMENT AND QUALITY JOB GROWTH.
Activities or mission (Part I)
REGIONAL ECONOMIC DEVELOPMENT
-
COORDINATED ECONOMIC DEVELOPMENT ACTIVITIES WITH OTHER BUSINESS DEVELOPMENT GROUPS BY PROVIDING STAFFING AND OTHER SUPPORT SERVICES
-
SUPPORTED REGIONAL ECONOMIC DEVELOPMENT BY RESEARCHING LOCAL BUSINESS NEEDS, PROVIDING RESOURCES TO BUSINESSES OPERATING IN OR ENTERING THE REGION, AND BY PROMOTING LOCAL TOURISM.
-
SPRINGFIELD WORKS INITIATIVE IS A CATALYTIC, COLLECTIVE IMPACT INITIATIVE OF PARTNERS SUPPORTED BY THE ECONOMIC DEVELOPMENT COUNCIL. EACH PARTNER OF THIS INITIATIVE HAS COMMITTED HUMAN AND FINANCIAL RESOURCES TO GOVERN AND DRIVE STRATEGIES TO BUILD ECONOMIC PROSPERITY TO THE AREA THROUGH WORKFORCE DEVELOPMENT. THE GOAL IS TO FIGURE OUT WAYS TO ALIGN AREA-JOB SEEKERS WITH EMPLOYERS AND TO HELP EMPLOYERS RETAIN NEWLY HIRED WORKERS BY SETTING UP EMPLOYEE MENTORING PROGRAMS.
As filed on the 2024 return.
Listed in Part VII
-
CHRISTINA ROYAL
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
CESAR RUIZ
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
GUS KIM
FIRST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
SAM SKURA
SECOND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JAIMYE KELLEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE AWADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALICIA BARTON
DIRECTOR THRU 5/24
- Total calculated
- $0
- Hours/week
- 1
-
PHILIP GONCALVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KRISTIN CARLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELLEN CUMMINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHARLES D'AMOUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL GLANVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JIA BO
DIRECTOR THRU 5/24
- Total calculated
- $0
- Hours/week
- 1
-
MARK KEROACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT BABCOCK
DIRECTOR THRU 5/24
- Total calculated
- $0
- Hours/week
- 1
-
DAVID CHASE SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD SWIFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR JOHN COOK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES HUNT
DIRECTOR THRU 5/24
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT SIMONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL BUTTERFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PETER CARMICHAEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUE KRISTJANSSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DENA HALL
DIRECTOR THRU 5/24
- Total calculated
- $0
- Hours/week
- 1
-
DEBORAH BITSOLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ERIC WEINSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHAWN PACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HARRY DUMAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL MORIARTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL FINNEGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KUMBLE SUBBASWAMY
DIRECTOR THRU 5/24
- Total calculated
- $0
- Hours/week
- 1
-
PAUL BELSITO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDREW BRYDGES
DIRECTOR START 5/24
- Total calculated
- $0
- Hours/week
- 1
-
MEGAN BURKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH DINEEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES HICKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL KEENAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN LIBERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAVIER REYES
DIRECTOR START 5/24
- Total calculated
- $0
- Hours/week
- 1
-
BARRY ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NATE TASSINARI
DIRECTOR START 5/24
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE TIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GARY TURKU
DIRECTOR START 5/24
- Total calculated
- $0
- Hours/week
- 1
-
MIKE VEDOVELLI
DIRECTOR START 5/24
- Total calculated
- $0
- Hours/week
- 1
-
ZHAOFU WANG
DIRECTOR START 5/24
- Total calculated
- $0
- Hours/week
- 1
-
TRICIA CANAVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD SULLIVAN
PRESIDENT/CEO OF EDC
- Total calculated
- $448,635
- From this org
- $410,813
- From related orgs
- $0
- Other
- $37,822
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $335,813
- Bonus
- $75,000
- Other
- $0
- Deferred
- $29,222
- Nontaxable benefits
- $8,600
- Filer's total
- $448,635
-
ANNE DEWOLF
FINANCE DIRECTOR/EDC
- Total calculated
- $95,326
- From this org
- $88,675
- From related orgs
- $0
- Other
- $6,651
- Hours/week
- 37.5
-
XIOMARA DELOBATO
VP/EDC
- Total calculated
- $132,520
- From this org
- $116,396
- From related orgs
- $0
- Other
- $16,124
- Hours/week
- 37.5
-
DIANA SZYNAL
PRESIDENT/SPFLD CHAMBER
- Total calculated
- $139,737
- From this org
- $129,988
- From related orgs
- $0
- Other
- $9,749
- Hours/week
- 37.5
-
ANDRZEJ WIDOR
AIRPORT MGR/WMDC
- Total calculated
- $217,365
- From this org
- $177,372
- From related orgs
- $0
- Other
- $39,993
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $159,872
- Bonus
- $17,500
- Other
- $0
- Deferred
- $13,663
- Nontaxable benefits
- $26,330
- Filer's total
- $217,365
-
ANNE KANDILIS
INITIATIVE DIR/SPFLD WORKS
- Total calculated
- $198,043
- From this org
- $171,238
- From related orgs
- $0
- Other
- $26,805
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $150,238
- Bonus
- $21,000
- Other
- $0
- Deferred
- $11,343
- Nontaxable benefits
- $15,462
- Filer's total
- $198,043
-
MARY KAY WYDRA
PRESIDENT/C&VC
- Total calculated
- $188,749
- From this org
- $168,702
- From related orgs
- $0
- Other
- $20,047
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $153,927
- Bonus
- $14,775
- Other
- $0
- Deferred
- $12,653
- Nontaxable benefits
- $7,394
- Filer's total
- $188,749
-
STEPHEN CARY
EXECUTIVE DIRECTOR/FOCUS SPRINGFIELD
- Total calculated
- $127,603
- From this org
- $118,700
- From related orgs
- $0
- Other
- $8,903
- Hours/week
- 37.5
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$371,886
SUPPORT FOOD SAFETY PROGRAM OF LOCAL BUSINESS
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.
-
501(C)(3) · ECONOMIC DEVELOPMENT IN W MA · MA
Directly controlled by EDC OF W MA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349318563
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