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EIN 04-6057343

Westmass Area Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
8
City
Springfield
State
Massachusetts
Year formed
1960
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
See statement othe purposes of the Corporation shall be to promote, stimulate, develop, and advance the business prosperity and economic welfare of the western Massachusetts region and the citizens thereof; to encourage and assist, through loans, inve...
Total revenues
$4,440,011
2023
Total expenses
$1,012,685
2023
Total assets
$15,060,890
2023
Num. employees
8
2023

Program areas at Westmass Area Development Corporation

Westmass Area Development Corporation advances business and economic prosperity in western Massachusetts through the acquisition, permitting, and Development of industrial and business resources. These resources include industrial/business parks and complex and complicated mill/brownfield redevelopment projects.

Personnel at Westmass Area Development Corporation

NameTitleCompensation
Jeffrey DaleyPresident and CEO$0
Sarah la CourVice President of Operations
Jeff LesiegeVice President of Facilities and Construction
Jesse AllenProperty and Facilities Manager
Victoria HealyTreasurer$0
...and 10 more key personnel

Financials for Westmass Area Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,872,295
Program services$255,846
Investment income and dividends$65,651
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-920,385
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$1,154,115
Miscellaneous revenues$12,489
Total revenues$4,440,011

Form 990s for Westmass Area Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-24990View PDF
2022-122023-07-05990View PDF
2021-122022-10-19990View PDF
2020-122021-10-04990View PDF
2019-122021-06-08990View PDF
...and 9 more Form 990s
Data update history
September 18, 2023
Updated personnel
Identified 5 new personnel
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 21, 2023
Updated personnel
Identified 2 new personnel
August 19, 2023
Used new vendors
Identified 1 new vendor, including
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government funding
General information
Address
1 Monarch Pl Suite 1120
Springfield, MA 01144
Metro area
Springfield, MA
County
Hampden County, MA
Website URL
westmassdevelopment.com/ 
Phone
(413) 593-1386
IRS details
EIN
04-6057343
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
No
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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