EIN 06-1066148

Norwich Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
1963
Most recent tax filings
2023-06-01
Description
Norwich Community Development Corporation furthers the economic development of the Norwich community by supporting growth and development in the Norwich Business Park, revitalizing the downtown Norwich area, and preserving the historic Norwich Harbor and Waterfront. They own an $18.9 million, 81,000 square foot building in downtown Norwich with a 20-year lease for which they are the lessor, shown as a capital lease receivable on their books. The corporation also supports special projects such as business park north (bpn), global city Norwich (gcn), and Norwich revitalization program (nrp).
Total revenues
$6,437,047
2023
Total expenses
$5,712,380
2023
Total assets
$9,665,971
2023
Num. employees
5
2023

Program areas at Norwich Community Development Corporation

General economic Development - this program includes the foundry 66co-work space, the downtown bond program, and other various economicdevelopment resourses for the city of Norwich and eastern Connecticut.

Who funds Norwich Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Southeastern Connecticut Cultural CoalitionNRP Mini Grant$25,000

Personnel at Norwich Community Development Corporation

NameTitleCompensation
Kevin BrownPresident and Executive Director$0
Bobbie BraboyProgram Director
Mary RileyCommunity Manager
Robert StaleySecretary$0
Jason JonesVice Chairman$0
...and 10 more key personnel

Financials for Norwich Community Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,436,721
Program services$0
Investment income and dividends$326
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,437,047

Form 990s for Norwich Community Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-09-03990View PDF
2019-062021-01-27990View PDF
...and 9 more Form 990s
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 6, 2024
Updated personnel
Identified 3 new personnel
July 14, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from Southeastern Connecticut Cultural Coalition
August 17, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
66 Franklin St
Norwich, CT 06360
Metro area
Norwich-New London, CT
County
Southeastern Connecticut Planning Region, CT
Website URL
askncdc.com/ 
Phone
(860) 887-6964
IRS details
EIN
06-1066148
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1963
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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