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Economic Development Corporation Of New Haven

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261854785 ✦ New haven, CT ✦ Designated as a 501(c)(3)

Overview

What is Economic Development Corporation Of New Haven?

The Economic Development Corporation of New Haven is a nonprofit organization situated in New Haven, Connecticut. Its primary objective is to stimulate business growth within the city, encompassing initiatives such as attracting new enterprises and sustaining existing ones. This includes the development of a medical district, housing projects, and support for small businesses. The organization also promotes a bioscience initiative and is involved in the revitalization of the Coliseum site, alongside various other projects. Its mission is to catalyze human and capital investment in New Haven, fostering a prosperous economic climate by retaining and attracting businesses. The corporation has a staff of nine dedicated individuals working towards these goals.


Official website here: www.rexdevelopment.org

Is Economic Development Corporation Of New Haven legitimate?

Economic Development Corporation Of New Haven is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Development Corporation Of New Haven submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $450,158

For more financial information, click here


Official website here: www.rexdevelopment.org

What is the mission statement of Economic Development Corporation Of New Haven?

The Economic Development Corporation of an unspecified city aims to establish a thriving business environment. It serves as a catalyst, drawing in human and financial investments, with the goal of retaining existing businesses and attracting new ones. This organization is committed to fostering a favorable economic climate, thereby contributing to the betterment of the city and its neighboring areas. Its initiatives include supporting various business sectors, such as medical districts, housing projects, small businesses, and bioscience initiatives, among others. The Corporation also plays a role in redevelopment projects, including the revitalization of significant sites, like the Coliseum.


Official website here: www.rexdevelopment.org

Who is the CEO of Economic Development Corporation Of New Haven?

Virginia Kozlowski is the Chief Executive Officer of Economic Development Corporation Of New Haven. The CEO's salary of Economic Development Corporation Of New Haven is $127,846 and their total compensation is $127,846.


Official website here: www.rexdevelopment.org

What is the revenue of Economic Development Corporation Of New Haven?

Economic Development Corporation Of New Haven's revenue in 2022 was $1,745,231.


Official website here: www.rexdevelopment.org

Who are the executives of Economic Development Corporation Of New Haven and what are their salaries?

The average compensation at Economic Development Corporation Of New Haven during 2022 was $50,018. There are 9 employees at Economic Development Corporation Of New Haven.

Here are 6 key members and their salaries (Economic Development Corporation Of New Haven's CEO's salary is $127,846 and their total compensation is $127,846):

    Virginia Kozlowski (Chief Executive Officer) [Trustee/Director]
  • Compensation: $127,846
  • Related: $0
  • Other: $0

    • Vincent Petrini (Senior Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelly Saczynski (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Brown (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mayor Justin Elicker (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Piscitelli (Administrator) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rexdevelopment.org

    Where can I find the form 990 for Economic Development Corporation Of New Haven?

    The Economic Development Corporation Of New Haven’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rexdevelopment.org

    Learn more at the official website: www.rexdevelopment.org

    Mission Statement of Economic Development Corporation Of New Haven

    The Economic Development Corporation of New Haven is dedicated to establishing a thriving business environment in an unspecified city. This organization serves as a driving force, stimulating human and financial investment in the city and its surrounding neighborhoods. Its primary objective is to retain existing businesses and attract new ones, thereby fostering a favorable economic climate. In pursuit of this mission, the Economic Development Corporation of New Haven actively engages in various initiatives, such as supporting small businesses, nurturing a bioscience initiative, and redeveloping key projects like the Coliseum site. Its ultimate goal is to contribute to the city's overall economic vitality.

    Impact

    This information is meant to be a general summary of Economic Development Corporation Of New Haven. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Economic Development Corporation Of New Haven plays a crucial role in fostering a positive economic climate in New Haven, Connecticut. By attracting new businesses, retaining existing ones, and implementing various development projects such as the medical district, housing initiatives, small business support, bioscience initiatives, and the redevelopment of the Coliseum site, the organization significantly contributes to the city's economic growth and vibrancy. Its efforts have a tangible impact on the community by creating job opportunities, spurring investment, and enhancing the overall quality of life in New Haven.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $58
  • Program Service Revenue: $393,417
  • Gross Receipts: $1,745,231

    • Assets and Liabilities:
  • Total Assets: $1,069,144
  • Total Liabilities: $829,482
  • Net Assets: $239,662
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Economic Development S

    Revenue

    $393,417

    Organization Details

    Founding Year

    2008

    Principal Officer

    Virginia Kozlowski

    Main Address

    PO Box 1576, New Haven, CT, 06506

    NTEE Category

    Code: S30 - Community improvement

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