NonprofitsBrightwood Development Corp

Community Improvement

Brightwood Development Corp

SPRINGFIELD, MA

Total revenue

$327K

Total expenses

$396K

Net assets

$1.5M

Grants received

EIN

042622178

Tax year

2024

Mission

To promote economic and community development in the springfield, ma area and mayaguez puerto rico through on-going assistance and support in the areas of job placement, new and existing business development, entrepreneurial activities, and housing.

Programs

2 programs

Villa taino apartments - 30 unit usda rd rural housing multiple family housing property to provide subsidized housing to area farm workers and their families.

Mayaguez puerto rico economic development

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$326K
Investment income$827
Other revenue
Total revenue$327K

Expenses

Grants paid
Salaries & benefits$69K
Fundraising
Other expenses$328K
Total expenses$396K
Total assets$1.8M
Net assets$1.5M

People

4 listed

NameRoleCompensation

HERIBERTO FLORES

Chairman

Board

1 hrs/wk

SUELEIZA K ACEVEDO

Director

Board

1 hrs/wk

CECILIO RIVERA

Treasurer

Board

1 hrs/wk

Daniel Knapik

Clerk

Board

1 hrs/wk

Details

EIN042622178
NTEE codeS310
Subsection03
Ruling date1979-07
Formed1977
Employees0
BRIGHTWOOD DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo