EIN 06-1092685

Shelton Economic Development Corporation

Name: Shelton Economic Development Corporation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Shelton

State

Connecticut

Year formed

1983

Most recent tax filings

2023-12-01

NTEE code, primary

S30: Economic Development

Description

Shelton Economic Development Corporation advances 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. The corporation promotes economic development by facilitating site studies, maps, soil testing, utility improvements, etc.

Total revenues

$409,603

2023

Total expenses

$414,427

2023

Total assets

$302,389

2023

Num. employees

2023

Program areas at Shelton Economic Development Corporation

Promote Economic Development by facilitating site studies, maps, soil testing, utility improvements ,etc

Promote Economic Development by facilitating site studies,

Who funds Shelton Economic Development Corporation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Valley Community Foundation (VCF)	2022-12	General Operating Support	$15,000
Newtown Savings Bank Foundation	2023-09	Exempt Purpose	$500

Personnel at Shelton Economic Development Corporation

Name	Title	Compensation	Date of data
Paul Grimmer	President	$0	2023-10-19
Patrick Carey	Vice Chair	$0	2022-12-31
Alberto Martins	Treasurer	$0	2022-12-31
William Partington	Board Chair	$0	2022-12-31
Michelle Kawalautzki	Vice Chair	$0	2022-12-31
...and 5 more key personnel

Financials for Shelton Economic Development Corporation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$408,392	$513,323	-20.4%
Program services	$0	$0	-
Investment income and dividends	$1,211	$33	3569.7%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$409,603	$513,356	-20.2%

Form 990s for Shelton Economic Development Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-09-24	990	View PDF
2022-12	2023-10-19	990	View PDF
2021-12	2022-09-26	990	View PDF
2020-12	2021-09-01	990	View PDF
2019-12	2021-02-17	990	View PDF
...and 12 more Form 990s

Organizations like Shelton Economic Development Corporation

Organization	Type	Location	Revenue
Wilmington Economic Development Corporation	501(c)(3)	Wilmington, DE	$1,318,756
Crawford County Education-Economic Development Partnership	501(c)(3)	Bucyrus, OH	$402,450
Lansdowne Economic Development Corporation (LEDC)	501(c)(3)	Lansdowne, PA	$339,612
Taos County Economic Development Corp	501(c)(3)	Taos, NM	$309,481
Eastern Plains Economic Development Corporation	501(c)(3)	Baker, MT	$419,215
Montana Cooperative Development Center	501(c)(3)	Great Falls, MT	$677,678
Economic Development Corporation of Elkhart County	501(c)(3)	Elkhart, IN	$566,586
West Central Development Council	501(c)(3)	Carlinville, IL	$1,574,282
Lake Agassiz Regional Development Corporation	501(c)(3)	Fargo, ND	$1,082,438
Washington County Council on Economic Development	501(c)(3)	Washington, PA	$790,117

Data update history

January 3, 2024

Received grants

Identified 1 new grant, including a grant for $15,000 from Valley Community Foundation (VCF)

December 1, 2023

Posted financials

Added Form 990 for fiscal year 2022

September 23, 2023

Received grants

Identified 1 new grant, including a grant for $2,000 from Newtown Savings Bank Foundation

August 10, 2023

Posted financials

Added Form 990 for fiscal year 2021

October 24, 2022

Updated personnel

Identified 2 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: 25 Brook St Ste 203; Shelton, CT 06484
Metro area: Bridgeport-Stamford-Norwalk, CT
County: Naugatuck Valley Planning Region, CT
Website URL: sheltonedc.com/
Phone: (203) 924-2521

IRS details

EIN: 06-1092685
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1983
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S30: Economic Development
NAICS code, primary: 926110: Economic Development Corporations and Economic Program Organizations
Parent/child status: Independent

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Shelton Economic Development Corporation

Program areas at Shelton Economic Development Corporation

Who funds Shelton Economic Development Corporation

Personnel at Shelton Economic Development Corporation

Financials for Shelton Economic Development Corporation

Form 990s for Shelton Economic Development Corporation

Organizations like Shelton Economic Development Corporation

Nonprofits

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