NonprofitsWorcester Business Development Corporation

Worcester Business Development Corporation

WORCESTER, MA

Total revenue

$2.0M

Total expenses

$1.7M

Net assets

$18.0M

Grants received

$2K

2 grants

EIN

042381829

Tax year

2024

Mission

To serve as an innovation and leading force in the economic development of the city of worcester and the region, resulting in job creation and tax based expansion.

Programs

1 program

Promotion of business development in the greater worcester region. Wbdc also acquires land for development to benefit the community including redevelopment of brownfield sites.

Expenses: $1.2MGrants: $26K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.5M
Investment income$388K
Other revenue$121K
Total revenue$2.0M

Expenses

Grants paid$26K
Salaries & benefits$952K
Fundraising
Other expenses$720K
Total expenses$1.7M
Total assets$18.9M
Net assets$18.0M

People

27 listed

NameRoleCompensation

CRAIG L BLAIS

PRESIDENT &

Board

$407K

20 hrs/wk

MARINA L TAYLOR

TREASURER

Board

1 hrs/wk

JESSICA L ROYCE

ASST TREASUR

Board

1 hrs/wk

DAVID E SUPRENANT

CLERK

Board

1 hrs/wk

MICHAEL J O'HARA

ASST CLERK

Board

1 hrs/wk

MONICA ARYITEY

DIRECTOR

Board

1 hrs/wk

TODD M BAILEY

DIRECTOR

Board

1 hrs/wk

ADRIAN A BERTHIAUME

DIRECTOR

Board

1 hrs/wk

ERIC A BUSENBURG

DIRECTOR

Board

1 hrs/wk

MICHAEL COVINO

DIRECTOR

Board

1 hrs/wk

ERIC L GOODWINE

DIRECTOR

Board

1 hrs/wk

ROBERT J HENNIGAN

NGP/PROJECT

Board

1 hrs/wk

DENNIS F KERRIGAN

DIRECTOR

Board

1 hrs/wk

CORINNE MALESKI

DIRECTOR

Board

1 hrs/wk

ELIZABETH M MCTIGUE

DIRECTOR

Board

1 hrs/wk

RENEE A MIKITARIAN-BRADLEY

DIRECTOR

Board

1 hrs/wk

TIMOTHY P MURRAY

DIRECTOR

Board

1 hrs/wk

STEPHANIE RAMEY

DIRECTOR

Board

1 hrs/wk

DANIEL REA III

DIRECTOR

Board

1 hrs/wk

SEAN M ROSE

DIRECTOR

Board

1 hrs/wk

EMILY M SRICHAROENCHAIKIT

DIRECTOR

Board

1 hrs/wk

RANDAL D WEBBER

DIRECTOR

Board

1 hrs/wk

JILL WHITTREDGE

DIRECTOR

Board

1 hrs/wk

STEPHAN M RODOLAKIS

VICE CHAIR

Board

1 hrs/wk

ROBERT J MORTON

CHAIR

Board

1 hrs/wk

ROBERTA L BRIEN

VP OF PROJEC

Staff

$278K

20 hrs/wk

KATHLEEN KELLEHER CPA MST

CFO

Staff

$165K

20 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear

Funded by

$2K from 2 funders · 2 grants · 2018–2020

Details

EIN042381829
Subsection04
Ruling date1966-09
Formed1965
Employees12
WORCESTER BUSINESS DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo