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NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL INC

EIN 04-3244024 NEW BEDFORD, MA

Revenue 2023
$3,626,061
Expenses 2023
$3,547,853

Program services were 94.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
W20
Classification
1000
Street
1213 PURCHASE STREET

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 · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • ANTHONY R SAPIENZA

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • ELIZABETH ISHERWOOD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • DAVID SLUTZ

    TREASURER

    Total calculated
    $0
    Hours/week
    2.5

  • CAROL PIMENTEL

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • HELENA DASILVA HUGHES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • LAURA DOUGLAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • DAVID MCCREADY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • MELANIE EDWARDS-TAVARES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • ROLAND GIROUX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • DR RAYFORD KRUGER

    DIRECTOR (UNTIL 10/2023)

    Total calculated
    $0
    Hours/week
    1.5

  • DEREK SANTOS

    EXECUTIVE DIRECTOR

    Total calculated
    $198,267
    From this org
    $170,141
    From related orgs
    $0
    Other
    $28,126
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,066
    Bonus
    $32,075
    Other
    $0
    Deferred
    $6,760
    Nontaxable benefits
    $21,366
    Filer's total
    $198,267

  • RAMON D SILVA

    SENIOR LENDING OFFICER

    Total calculated
    $169,470
    From this org
    $144,388
    From related orgs
    $0
    Other
    $25,082
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,269
    Bonus
    $11,119
    Other
    $0
    Deferred
    $13,000
    Nontaxable benefits
    $12,082
    Filer's total
    $169,470

  • DEBORAH A TROMBLY

    ACCOUNTANT

    Total calculated
    $126,565
    From this org
    $120,886
    From related orgs
    $0
    Other
    $5,679
    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 — 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

  • 2023
    Revenue
    $3,626,061
    Expenses
    $3,547,853
    Contributions
    $3,365,602
    Grants paid
    $1,450,840
  • 2022
    Revenue
    $3,383,460
    Expenses
    $4,299,183
    Contributions
    $3,125,242
    Grants paid
    $1,347,290

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.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

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

Listed as of 10 September 2026, under deductibility PC.

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.