NonprofitsNew Garden Park Inc

Community Improvement & Capacity Building

New Garden Park Inc

WORCESTER, MA

Total revenue

$8.0M

Total expenses

$6.5M

Net assets

$27.7M

Grants received

$314K

5 grants

EIN

201727883

Tax year

2024

Mission

To carry out and operate for the benefit of the charitable purpose of the worcester business development corporation (wbdc) and lessen the burdens of government by combating community deterioration and enabling economic development by providing infrastructure in distressed areas through the acquistion, holding, owning, maintenance, improvement, lease, finance, refinance, selling, exchange or other disposition of all or part of its properties.

Financials

FY 2024

Revenue

Contributions & grants$641K
Program service revenue$5.2M
Investment income$909K
Other revenue$1.2M
Total revenue$8.0M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$6.5M
Total expenses$6.5M
Total assets$48.7M
Net assets$27.7M

People

6 listed

NameRoleCompensation

CRAIG L BLAIS

PRESIDENT &

Board

20 hrs/wk

ROBERT HENNIGAN

CHAIR

Board

1 hrs/wk

KATHERINE BADGIS

VICE CHAIR

Board

1 hrs/wk

KAREN DUFFY

INTERIM TREA

Board

1 hrs/wk

RICHARD MAZZOCCHI

DIRECTOR

Board

1 hrs/wk

EMMANUEL LARBI

DIRECTOR

Board

1 hrs/wk

Independent contractors

CHAPELL ENGINEERING ASSOCIATES LLC

ENGINEERING

$171K

BOHLER ENGINEERING

ENGINEERING

$168K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$25K
KICKSTART GRANTS
2024
$150K
TO FURTHER EDUCATION
2022
$14K
UNRESTRICTED GENERAL
2021
$25K
GENERAL SUPPORT
2017

Funded by

$314K from 5 funders · 5 grants · 2017–2024

The George I Alden Trust

$150K · 1 grant · 2022

The Fred Harris Daniels Foundation

$25K · 1 grant · 2017

Home Energy Efficiency Team Inc

$25K · 1 grant · 2024

Nathaniel Wheeler Tua-Worc

$14K · 1 grant · 2021

Details

EIN201727883
NTEE codeS99
Subsection03
Ruling date2007-09
Formed2004
Employees0
NEW GARDEN PARK INC — Mission, Financials & Grants Received | Grantivo