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WORCESTER BUSINESS DEVELOPMENT CORPORATION

EIN 04-2381829 WORCESTER, MA

Revenue 2025
$1,756,667
Expenses 2025
$1,771,782

Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
Classification
3000
Street
89 SHREWSBURY ST STE 300

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CRAIG L BLAIS

    PRESIDENT &

    Total calculated
    $441,126
    From this org
    $391,887
    From related orgs
    $0
    Other
    $49,239
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $361,294
    Bonus
    $25,000
    Other
    $5,593
    Deferred
    $47,529
    Nontaxable benefits
    $3,092
    Filer's total
    $441,126
  • STEPHAN M RODOLAKIS

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • JESSICA L ROYCE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • MARINA L TAYLOR

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • ROBERT J MORTON

    ASST. TREASU

    Total calculated
    $0
    Hours/week
    2
  • DAVID E SUPRENANT

    CLERK

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL J O'HARA

    ASST CLERK

    Total calculated
    $0
    Hours/week
    2
  • MONICA ARYITEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TODD M BAILEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ERIC A BUSENBURG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL COVINO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARY T DEAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ERIC L GOODWINE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT J HENNIGAN

    NGP/PROJECT

    Total calculated
    $0
    Hours/week
    1
  • DENNIS F KERRIGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CORINNE MALESKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ELIZABETH M MCTIGUE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RENEE A MIKITARIAN-BRADLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TIMOTHY P MURRAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • STEPHANIE RAMEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DANIEL REA III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SEAN M ROSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • EMILY M SRICHAROENCHAIKIT

    INVESTMENT C

    Total calculated
    $0
    Hours/week
    1
  • MORGAN STEACY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JILL WHITTREDGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $1,756,667
    Expenses
    $1,771,782
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $1,979,674
    Expenses
    $1,697,908
    Contributions
    $0
    Grants paid
    $26,200
  • 2023
    Revenue
    $1,753,233
    Expenses
    $1,799,293
    Contributions
    $0
    Grants paid
    $12,500
  • 2022
    Revenue
    $1,869,155
    Expenses
    $1,699,843
    Contributions
    $98,759
    Grants paid
    $15,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $1,969,639
    Expenses
    $2,914,958
    Assets (EOY)
    $18,366,111
  • 2020 · 990

    Revenue
    $1,152,681
    Expenses
    $2,105,828
    Assets (EOY)
    $17,907,259
  • 2019 · 990

    Revenue
    $1,237,702
    Expenses
    $1,700,434
    Assets (EOY)
    $18,286,932
  • 2018 · 990

    Revenue
    $2,147,872
    Expenses
    $1,638,800
    Assets (EOY)
    $17,824,976
  • 2017 · 990

    Revenue
    $1,422,079
    Expenses
    $1,827,587
    Assets (EOY)
    $17,380,611
  • 2016 · 990

    Revenue
    $2,778,311
    Expenses
    $1,891,164
    Assets (EOY)
    $16,762,753
  • 2015 · 990

    Revenue
    $2,623,707
    Expenses
    $1,978,562
    Assets (EOY)
    $16,234,810
  • 2014 · 990

    Revenue
    $4,618,469
    Expenses
    $2,822,319
    Assets (EOY)
    $15,816,635
  • 2013 · 990

    Revenue
    $4,129,188
    Expenses
    $1,624,884
    Assets (EOY)
    $13,311,755
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,774,839
    Assets (EOY)
    $9,959,973

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2025 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.