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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 2020. Filed on February 8, 2021.

83 Bank Street 3rd Fl
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 2020 IRS Form 990 filing, Waterbury Development Corporation, a 501(c)(3) charitable organization, reported compensation for 1 out of 10 total employees. Among the employees shown here, the average compensation is $90,662. The highest compensated employee at Waterbury Development Corporation is James Nardozzi with fiscal year 2020 compensation of $90,662.

Revenue, expenses, and employee compensation

Revenue

$4,487,317

Expenses

$4,304,328

Employee compensation

$599,559
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Nardozzi
Interim Chief Executive Officer
$90,662
$0 $90,662 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Arthur Denze
Board Member
Carl W Rosa
Board Member
Catherine Awwad
Chair
Domenic Giglio
Board Member
Donald C McPartland
Board Member
Ginne-Ray Clay
Board Member
Jack Traver Jr
Board Member
Joseph Dorso
Board Member
Joseph R McGrath
Vice Chair
Lynn G Ward
Secretary
MacKenzie Demac
Board Member
Mark Holtz
Board Member

Contractors

Green Hub Development Corporation
Construction Management
$1,224,781
Montagno Construction
Construction
$639,199
Manafort Brothers Inc.
Demolition
$117,881
Creative Financial Staffing
Accounting
$106,099

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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