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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Waterbury Development Corporation

Waterbury Development Corporation

Fiscal year ending 2017. Filed on April 2, 2018.

83 Bank Street 3rd Fl
Floor
Waterbury, Connecticut 06702

Waterbury Development Corporation (EIN: 06-1549006) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2017 IRS Form 990 filing, Waterbury Development Corporation, a 501(c)(3) charitable organization, reported compensation for 3 out of 13 total employees. Among the employees shown here, the average compensation is $92,600. The highest compensated employee at Waterbury Development Corporation is Todd M Montello with fiscal year 2017 compensation of $116,400.

Revenue, expenses, and employee compensation

Revenue

$7,328,915

Expenses

$7,237,081

Employee compensation

$949,121
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Todd M Montello
Chief Executive Officer to 2/24/17
$116,400
$110,400 No related comp$6,000
Patrick McKinney
Director of Finance Until 5/12/2017
$68,800
$68,800 No related compNo other comp
James Nardozzi
Interim C.E.O. FROM 2/27/17
$0

Benchmark Employee Compensation

Non-Employee Board Members

Anthony T Piccochi
Board Member
Bettejane Wesson
Board Member
Brian Amero
Board Member
Carl W Rosa
Board Member
Catherine Awwad
Secretary
Cicero Booker
Board Member
Domenic Giglio
Board Member
Frederick L Luedke
Treasurer
Jack Traver Jr
Board Member
James H Gatling, Ph.D.
Chair
Jerry Padula
Board Member
Joseph A Geary
Board Member

Contractors

Cocchiola Paving Inc.
Land Improvements - Lakewood and Municipal
$675,689
Woodard & Curran Inc.
Environmental - Various Locatio
$354,532
Diversity Construction Group LLC
Building Improvements - Fire Station and W
$259,000
Montagno Construction
Building Improvements - St. Patrick's Ha
$180,734
Grasshopper Lawns Inc.
Land Improvements - Neighborhood Hopevi
$164,847

Mission Statement

TO STIMULATE AND SUPPORT ECONOMIC AND HOUSING DEVELOPMENT WITHIN THE COMMUNITIES OF THE CITY OF WATERBURY.

Revisions to this organization profile

March 12, 2025:
2024 Waterbury Development Corporation 990 filed
February 23, 2024:
2023 Waterbury Development Corporation 990 filed
April 4, 2023:
2022 Waterbury Development Corporation 990 filed

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