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Economic Development Corporation of New Haven

Economic Development Corporation of New Haven

New Haven, CT 06506
Tax ID26-1854785

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About this organization

Revenue

$2,294,710

Expenses

$2,241,406

Mission

The organization's mission is to create a vibrant business environment in New Haven and to serve as a catalyst for attracting human and capital investment to the city and its neighborhoods by retaining and attracting businesses and fostering a positive economic climate. The focus is on economic development in New Haven, Connecticut.

About

The organization works to attract new businesses and maintain current businesses in the city of New Haven, including a medical district, a housing project, small business initiatives, support of a bioscience initiative, redevelopment of the coliseum site, and other projects.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “The organization's mission is to create a vibrant business environment in new haven and to serve as a catalyst for attracting human and capital investment to the city and its neighborhoods by retaining and attracting businesses and fostering a positive economic climate. the focus is on economic development in new haven, connecticut.”.

When talking about its functions, they were outlined as: “The organization's mission is to create a vibrant business environment in new haven and to serve as a catalyst for attracting human and capital investment to the city and its neighborhoods by retaining and attracting businesses and fostering a positive economic climate. the focus is on economic development in new haven, connecticut.”.

  • The legally reported state of operation for the non-profit is CT.
  • According to the filing, the non-profit's address in 2020 is PO BOX 1576, NEW HAVEN, CT, 06506.
  • The non-profit organization as of 2020 has a total of 14 employees reported on their form.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $53,304.
  • The organization has 9 independent voting members.
  • The organization was formed in 2008.
  • The organization pays $335,298 in salary, compensation, and benefits to its employees.
  • The organization pays $17,367 in fundraising expenses.

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