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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 Worcester Business Development Corp.

Worcester Business Development Corp.

Fiscal year ending 2024. Filed on June 12, 2025.

89 Shrewsbury Street
Worcester, Massachusetts 01604

Worcester Business Development Corp. (EIN: 04-2381829) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Worcester Business Development Corp., a 501(c)(4) civic league or social welfare organization, reported compensation for 3 out of 12 total employees. Among the employees shown here, the average compensation is $322,868. The highest compensated employee at Worcester Business Development Corp. is Craig L Blais with fiscal year 2024 compensation of $450,250.

Revenue, expenses, and employee compensation

Revenue

$1,979,674

Expenses

$1,697,908

Employee compensation

$952,121
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Craig L Blais
President
$450,250
$407,357 No related comp$42,893
Roberta L Brien
Vice President of Projec
$322,763
$278,467 No related comp$44,296
Kathleen Kelleher Cpa Mst
Chief Financial Officer
$195,590
$164,761 No related comp$30,829

Benchmark Employee Compensation

Non-Employee Board Members

Adrian A Berthiaume
Director
Corinne Maleski
Director
Daniel Rea III
Director
David E Suprenant
Clerk
Dennis F Kerrigan
Director
Elizabeth M McTigue
Director
Emily M Sricharoenchaikit
Director
Eric A Busenburg
Director
Eric L Goodwine
Director
Jessica L Royce
Assistant Treasurer
Jill Whittredge
Director
Marina L Taylor
Treasurer

Mission Statement

THE WORCESTER BUSINESS DEVELOPMENT CORPORATION (WBDC) IS A PRIVATE, NON- PROFIT BUSINESS ORGANIZATION WITH A PUBLIC PURPOSE MISSION TO SERVE AS AN INNOVATION AND LEADING FORCE IN THE ECONOMIC DEVELOPMENT OF THE CITY OF WORCESTER AND THE REGION, RESULTING IN JOB CREATION AND TAX BASE EXPANSION.

Revisions to this organization profile

June 12, 2025:
2024 Worcester Business Development Corp. 990 filed
September 25, 2024:
2023 Worcester Business Development Corp. 990 filed
October 16, 2023:
2022 Worcester Business Development Corp. 990 filed

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