CSCharityScored
36

Waterbury Development Corporation

Community Development · Waterbury, Connecticut

83 Bank Street 3Rd Fl, Waterbury, CT 06702-2232

EIN: 061549006· Founded: Apr 2000· 26 years active· Filing Year: 2023

Annual Revenue

$3.7M

Total Expenses

$3.8M

Total Assets

$8.1M

Program Spending

9%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$1.1M

Total Payroll

$1.1M

28% of total expenses

Where the Money Goes

9%
Programs: 9%
Payroll: 28%
Other overhead: 91%
Program Revenue$335K (9%)
Total Expenses$3.8M (100%)
Payroll$1.1M (28%)
Overhead (non-program)91%

Trust Score Breakdown

Program Spending Ratio

9% of expenses go to programs

40%

Revenue & Stability

$3.7M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$8.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.