Connecticut Business Development Corporation is located in Wallingford, CT. Connecticut Business Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
TO STIMULATE ECONOMIC GROWTH THROUGH ADMINISTRATION AND PROCESSING OF LOANS TO INDUSTRIAL AND COMMERCIAL COMPANIES IN THE STATE OF CONNECTICUT FOR THE PURPOSE OF CAPITAL INVESTMENT. DURING THE YEAR ENDING SEPTEMBER 30, 2016, THE ORGANIZATION CEASED OPERATIONS AND THE REMAINING ASSETS WERE DONATED TO TWO CONNECTICUT TAX EXEMPT ENTITIES WITH SIMILAR MISSIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick Lemp Vp/treasurer/secretary | 1 | $0 | |
Bernard F Wilbur Jr Director | 1 | $0 | |
Leslie Cosgrove Director | 1 | $0 | |
James Mahonley Director | 1 | $0 | |
Jennifer L Rodriguez Director | 1 | $0 | |
Vincent T Pellegrino President/chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $0 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,195 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $402 |
Other expenses | $0 |
Total expenses | $80,597 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
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