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Organizations Community Improvement & Capacity Building Brightwood Development Corporation

Brightwood Development Corporation

Fiscal year ending 2023. Filed on November 16, 2024.

32 Hampden St
Springfield, Massachusetts 01103

Brightwood Development Corporation (EIN: 04-2622178) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Brightwood Development Corporation, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $192,875. The highest compensated employee at Brightwood Development Corporation is Daniel Knapik with fiscal year 2023 compensation of $192,875.

Revenue, expenses, and employee compensation

Revenue

$327,011

Expenses

$390,670

Employee compensation

$71,416
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Daniel Knapik
Clerk
$192,875
$0 $176,575 $16,300

Benchmark Employee Compensation

Non-Employee Board Members

Heriberto Flores
Chair
$132,691
$0 $123,751 $8,940
Sueleiza K Acevedo
Director
No compensation reported
Cecilio Rivera
Treasurer
No compensation reported

Mission Statement

TO PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT IN THE SPRINGFIELD, MA AREA AND MAYAGUEZ PUERTO RICO THROUGH ON-GOING ASSISTANCE AND SUPPORT IN THE AREAS OF JOB PLACEMENT, NEW AND EXISTING BUSINESS DEVELOPMENT, ENTREPRENEURIAL ACTIVITIES, AND HOUSING.

Revisions to this organization profile

November 17, 2025:
2024 Brightwood Development Corporation 990 filed
November 16, 2024:
2023 Brightwood Development Corporation 990 filed
November 16, 2023:
2022 Brightwood Development Corporation 990 filed

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