Winchester Economic Development Corportation

Organization Overview

Winchester Economic Development Corportation is located in Winchester, NH. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winchester Economic Development Corportation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Winchester Economic Development Corportation generated $308.4k in total revenue. All expenses for the organization totaled $43.9k during the year ending 12/2021. While expenses have increased by 171.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE WEDC IS TO SUPPORT EXISTING BUSINESSES, ATTRACT NEW COMMERCIAL VENTURES, AND TO PROMOTE SUSTAINABLE GROWTH UTILIZING ENVIRONMENTALLY SOUND STRATEGIES, FOR THE PURPOSE OF IMPROVING TAX BASE, EMPLOYMENT, AND OFFERING A WIDER SELECTION OF SERVICES AND PRODUCTS TO THE COMMUNITY OF WINCHESTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ECONOMIC DEVELOPMENT ADMINISTRATION, U.S. DEPARTMENT OF COMMERCE.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Tigan
Chairman
$0
Gustave Ruth
Secretary/treasurer
$0
Norman Sims
Board Member
$0
Jennifer Wooster
Board Member
$0
Jessica Wright-Moore
Board Member
$0
Mary Gannon
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$308,397
Noncash contributions included in lines 1a–1f $500
Total Revenue from Contributions, Gifts, Grants & Similar$308,397
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $308,397

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