NonprofitsShelton Economic Development Corporation

Shelton Economic Development Corporation

SHELTON, CT

Total revenue

$379K

Total expenses

$389K

Net assets

$68K

Grants received

$52K

9 grants

EIN

061092685

Tax year

2024

Mission

Advance the economic development and public welfare of the city of shelton by increasing employment opportunities and expanding business and industry for the citizens of the area.

Financials

FY 2024

Revenue

Contributions & grants$377K
Program service revenue
Investment income$2K
Other revenue
Total revenue$379K

Expenses

Grants paid
Salaries & benefits$274K
Fundraising
Other expenses$116K
Total expenses$389K
Total assets$223K
Net assets$68K

People

6 listed

NameRoleCompensation

PAUL GRIMMER

PRESIDENT

Board

$133K

1 hrs/wk

WILLIAM PARTINGTON

BOARD CHAIR

Board

1 hrs/wk

PATRICK CAREY

VICE CHAIR

Board

1 hrs/wk

MICHELLE KAWALAUTZKI

VICE CHAIR

Board

1 hrs/wk

ALBERTO MARTINS

TREASURER

Board

1 hrs/wk

FRED RUGGIO

SECRETARY

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$15K
TO PROVIDE GENERAL OPERATING SUPPORT.
2024
$5K
General & Unrestricted
2024
$15K
TO PROVIDE GENERAL OPERATING SUPPORT.
2023
$5K
General & Unrestricted
2023
$5K
NAUGATUCK VALLEY CEDS 2021
2020
$2K
GENERAL PURPOSEGENERAL PURPOSE
2019

Funded by

$52K from 4 funders · 9 grants · 2019–2024

The Valley Community Foundation Inc

$30K · 2 grants · 2023–2024

Webster Bank Charitable Foundation

$10K · 2 grants · 2023–2024

Newtown Savings Bank Foundation Inc

$7K · 4 grants · 2019–2023

Details

EIN061092685
Subsection03
Ruling date1986-07
Formed1983
Employees2
Volunteers0
SHELTON ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo