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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 2022. Filed on April 4, 2023.

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 2022 IRS Form 990 filing, Waterbury Development Corporation, a 501(c)(3) charitable organization, reported compensation for 1 out of 13 total employees. Among the employees shown here, the average compensation is $55,354. The highest compensated employee at Waterbury Development Corporation is Jim Nealon with fiscal year 2022 compensation of $55,354.

Revenue, expenses, and employee compensation

Revenue

$2,421,027

Expenses

$2,694,678

Employee compensation

$976,789
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jim Nealon
Chief Financial Officer
$55,354
$55,354 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Arthur Denze
Board Member
Catherine Awwad
Chair
Domenic Giglio
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
Mary Rosengrant-Chiappalone
Board Member
Michael Cervellino
Board Member
Michael L O'Connor
Board Member
Paul K Pernerewski Jr
Board Member

Contractors

Costello Dismantling CO Inc.
Construction
$573,750

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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