WATERBURY DEVELOPMENT CORPORATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
WATERBURY DEVELOPMENT CORPORATION (EIN 06-1549006)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-05
IRS object ID
201621269349300722
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-05T09:50:45-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061009205PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLUM SHAPIRO & COMPANY PC CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line129 S MAIN STREET PO BOX 272000AddressLine1Txt
CityWEST HARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP061272000ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061549006EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WATERBURY DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWATEBusinessNameControlTxt
Phone2033462607PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line183 BANK STREET 3RD FLAddressLine1Txt
CityWATERBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06702ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTODD M MONTELLOPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2033462607PhoneNum
Signature2016-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN ZINNOPreparerPersonNm
PTINP00041154PTIN
Phone8605614000PhoneNum
Preparation2016-05-03PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTODD M MONTELLOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line183 BANK STREET 3RD FLAddressLine1Txt
CityWATERBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06702ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,014,125GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WDCONLINE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionLONG RANGE PLANNING FOR ECONOMIC DEVELOPMENTActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Volunteers24TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,955,834PYContributionsGrantsAmt
CY Contributions Grants$9,960,146CYContributionsGrantsAmt
PY Program Service Revenue$203,599PYProgramServiceRevenueAmt
CY Program Service Revenue$46,740CYProgramServiceRevenueAmt
PY Investment Income$8,867PYInvestmentIncomeAmt
CY Investment Income$7,239CYInvestmentIncomeAmt
PY Other Revenue$4,994PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$10,173,294PYTotalRevenueAmt
CY Total Revenue$10,014,125CYTotalRevenueAmt
PY Grants And Similar Paid$4,035,480PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,666,641CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,130,133PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,055,745CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,732,994PYOtherExpensesAmt
CY Other Expenses$7,512,264CYOtherExpensesAmt
PY Total Expenses$9,898,607PYTotalExpensesAmt
CY Total Expenses$10,234,650CYTotalExpensesAmt
PY Revenues Less Expenses$274,687PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$220,525CYRevenuesLessExpensesAmt
Total Assets BOY$26,535,932TotalAssetsBOYAmt
Total Assets EOY$25,022,297TotalAssetsEOYAmt
Total Liabilities BOY$25,247,128TotalLiabilitiesBOYAmt
Total Liabilities EOY$23,954,018TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,288,804NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,068,279NetAssetsOrFundBalancesEOYAmt
MissionTO STIMULATE AND SUPPORT THE COMMUNITY AND ECONOMIC DEVELOPMENT WITHIN THE CITY OF WATERBURY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,996,068ExpenseAmt
Grant$1,666,641GrantAmt
Revenue$46,740RevenueAmt
DescTO STIMULATE AND SUPPORT ECONOMIC AND HOUSING DEVELOPMENT IN THE CITY OF WATERBURY.Desc
Total Program Service Expenses$9,996,068TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee15EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHUYE KHUTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2033462607PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line183 BANK ST 3RD FLAddressLine1Txt
CityWATERBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06702ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOSEPH GEARY
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
JAMES H GATLING PHD
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
CATHERINE AWWAD
SECRETARY1.00Yes (X)Yes (X)$0$0$0
FREDERICK L LUEDKE
TREASURER1.00Yes (X)Yes (X)$0$0$0
BETTEJANE WESSON
BOARD MEMBER1.00Yes (X)$0$0$0
LYNN G WARD
BOARD MEMBER1.00Yes (X)$0$0$0
PAUL K PERNEREWSKI JR
BOARD MEMBER1.00Yes (X)$0$0$0
ANTHONY T PICCOCHI
BOARD MEMBER1.00Yes (X)$0$0$0
RICHARD O'BRIEN
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL NOVAK
BOARD MEMBER1.00Yes (X)$0$0$0
SCOTT ZIEGLER
BOARD MEMBER1.00Yes (X)$0$0$0
DOMENIC GIGLIO
BOARD MEMBER1.00Yes (X)$0$0$0
JACK TRAVER JR
BOARD MEMBER1.00Yes (X)$0$0$0
VICTOR DIAZ
BOARD MEMBER1.00Yes (X)$0$0$0
JERRY PADULA
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID THERAULT
BOARD MEMBER1.00Yes (X)$0$0$0
KRISTEN B JACOBY
BOARD MEMBER1.00Yes (X)$0$0$0
WILLIAM KOLO
BOARD MEMBER1.00Yes (X)$0$0$0
DARLENE STROMSTAD
BOARD MEMBER1.00Yes (X)$0$0$0
STEVE COLON
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL GUISTO
BOARD MEMBER1.00Yes (X)$0$0$0
JOSEPH R MCGRATH
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL O'CONNOR
BOARD MEMBER1.00Yes (X)$0$0$0
MARK HOLTZ
BOARD MEMBER1.00Yes (X)$0$0$0
TODD M MONTELLO
CHIEF EXECUTIVE OFFICER37.50Yes (X)$100,950$0$5,500
SANDY ROSA
CONTROLLER37.50Yes (X)$73,410$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$174,360TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,500TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
STANDARD DEMOLITION SERVICES INC
30 NUTMEG DRIVETRUMBULLCT06611DEMOLITION RELATED TO BROWNFIELDS - 313$1,864,945
ACCURATE DOOR AND WINDOW LLC
156 MIDDLE ROADPRESTONCT06365BUILDING IMPROVEMENT RELATED TO SILAS BR$290,468
RICHARDS CORPORATION
72 NORTH HARWINTON AVENUETERRYVILLECT06786PARK RESTROOM DEMO & CONSTRUCTION FOR NE$190,509
CLASSIC TURF COMPANY LLC
PO BOX 55WOODBURYCT06798NEIGHBORHOOD PARK IMPROVEMENT - BASKETBA$186,750
TRC
PO BOX 8500-53878PHILADELPHIAPA191783878ENVIRONMENTAL SERVICES RELATED TO BROWNF$169,472
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K8CntrctRcvdGreaterThan100KCnt
Government Grants$9,421,024GovernmentGrantsAmt
All Other Contributions$539,122AllOtherContributionsAmt
Total Contributions$9,960,146TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM REVENUEDesc
Business900099BusinessCd
Total Revenue Column$46,740TotalRevenueColumnAmt
Related Or Exempt Func Income$46,740RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$46,740TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,239TotalRevenueColumnAmt
Exclusion$7,239ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,014,125TotalRevenueColumnAmt
Related Or Exempt Func Income$46,740RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,239ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$451,697TotalAmt
Program Services$451,697ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,214,944TotalAmt
Program Services$1,214,944ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$108,008TotalAmt
Program Services$92,887ProgramServicesAmt
Management And General$15,121ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$668,520TotalAmt
Program Services$574,926ProgramServicesAmt
Management And General$93,594ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$36,392TotalAmt
Program Services$31,297ProgramServicesAmt
Management And General$5,095ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$177,536TotalAmt
Program Services$152,681ProgramServicesAmt
Management And General$24,855ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$65,289TotalAmt
Program Services$56,149ProgramServicesAmt
Management And General$9,140ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$114,968TotalAmt
Program Services$100,208ProgramServicesAmt
Management And General$14,760ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,921TotalAmt
Program Services$9,595ProgramServicesAmt
Management And General$15,326ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$158,467TotalAmt
Program Services$152,144ProgramServicesAmt
Management And General$6,323ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,559TotalAmt
Program Services$11,160ProgramServicesAmt
Management And General$399ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$30,064TotalAmt
Program Services$11,812ProgramServicesAmt
Management And General$18,252ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$41,527TotalAmt
Program Services$15,988ProgramServicesAmt
Management And General$25,539ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,401TotalAmt
Program Services$3,401ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,096TotalAmt
Management And General$6,096ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,291TotalAmt
Program Services$3,291ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,216TotalAmt
Program Services$22,801ProgramServicesAmt
Management And General$415ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
DEMOLITION$2,250,342$2,250,342
LAND IMPROVEMENTS$1,404,531$1,404,531
BUILDING IMPROVEMENTS$1,336,273$1,336,273
PROPERTY ACQUISITION$1,045,000$1,045,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,058,608TotalAmt
Program Services$1,054,941ProgramServicesAmt
Management And General$3,667ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,234,650TotalAmt
Program Services$9,996,068ProgramServicesAmt
Management And General$238,582ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,085,564BOYAmt
EOY$824,607EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,431,544BOYAmt
EOY$967,371EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$18,674,728BOYAmt
EOY$18,326,598EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,165BOYAmt
EOY$2,989EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$246,886LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$41,939LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$208,238BOYAmt
EOY$204,947EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,132,693BOYAmt
EOY$4,695,785EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$26,535,932BOYAmt
EOY$25,022,297EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,224,235BOYAmt
EOY$641,941EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$216,358BOYAmt
EOY$289,698EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,806,535BOYAmt
EOY$23,022,379EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,247,128BOYAmt
EOY$23,954,018EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,288,804BOYAmt
EOY$1,068,279EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,288,804BOYAmt
EOY$1,068,279EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,535,932BOYAmt
EOY$25,022,297EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$220,525ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,503,182CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,842,822CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,348,928CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,955,834CurrentTaxYearMinus1YearAmt
Current Tax Year$9,960,146CurrentTaxYearAmt
Total$43,610,912TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,503,182CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,842,822CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,348,928CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,955,834CurrentTaxYearMinus1YearAmt
Current Tax Year$9,960,146CurrentTaxYearAmt
Total$43,610,912TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$43,610,912PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,630CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,642CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,318CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,867CurrentTaxYearMinus1YearAmt
Current Tax Year$7,239CurrentTaxYearAmt
Total$45,696TotalAmt
FieldValueIRS element (for citing)
Total Support$43,656,608TotalSupportAmt
Gross Receipts Rltd Activities$1,067,863GrossReceiptsRltdActivitiesAmt
Public Support CY1700.99900PublicSupportCY170Pct
Public Support PY1700.99870PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$200,000OtherCostOrOtherBasisAmt
Book Value$200,000BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$46,886OtherCostOrOtherBasisAmt
Depreciation$41,939DepreciationAmt
Book Value$4,947BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$204,947TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRESTRICTED CASH FOR DECD LOAN ASSISTANCEDesc
Book Value$4,695,785BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,695,785TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LOANS - CITY OF WATERBURY$12,403,300
RESTRICTED CASH- DECD LOAN ASSISTANCE$4,695,785
REVOLVING LOAN - DECD ASSISTANCE$5,923,294
FieldValueIRS element (for citing)
Total Liability$23,022,379TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$10,014,125TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$10,014,125RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,014,125TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,234,650TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$10,234,650ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,234,650TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
BRASS CITY HARVEST
PO BOX 11115 65 BANK STREETWATERBURYCT06703753263005501(C)(3)$20,719VOCATIONAL, AGRICULTURAL TRAINING PROGRAM/PUB. FAC. IMP-GREENHOUSE
CATHOLIC CHARITIES INC
56 CHURCH STREETWATERBURYCT06702060667607501(C)(3)$6,475CITY-WIDE CASE MANAGEMENT SERVICES TO LOW/MOD PERSONS
CENTER FOR HUMAN DEVELOPMENT
965 SOUTH MAIN STREETWATERBURYCT06706042503926501(C)(3)$28,707PROVIDE BASIC NEEDS TO CITY'S HOMELESS POPULATION
CONNECTICUT LEGAL SERVICES INC
62 WASHINGTON STREET 4TH FLOORMIDDLETOWNCT06457060955461501(C)(3)$10,072LEGAL SERVICES TO LOW/MOD RESIDENTS OF WATERBURY (CDBG & HPRP)
FAMILY SERVICE OF GREATER WATERBURY INC
34 MURRAY STREETWATERBURYCT06710060646627501(C)(3)$15,196BEHAVIORAL HEALTH PROGRAM- INDIVIDUAL, GROUP AND FAMILY COUNSELING
GREATER WATERBURY INTERFAITH MINISTRIES
770 EAST MAIN STREETWATERBURYCT06702060658070501(C)(3)$34,809FOOD PANTRY SERVICE & SOUP KITCHEN
HISPANIC COALITION
135 EAST LIBERY STREETWATERBURYCT06702061349937501(C)(3)$9,297ADVOCACY, CASE MANAGEMENT TO ENHANCE WELL-BEING OF HISPANIC FAMILIES
SAFE HAVEN OF GREATER WATERBURY
PO BOX 1503WATERBURYCT06721060996479501(C)(3)$27,404COUNSELING & A SHELTER FOR ABUSED WOMEN
SALVATION ARMY
74 CENTRAL AVENUEWATERBURYCT06702135562351501(C)(3)$52,565A SHELTER FOR CITY-WIDE FAMILIES/HOMELESSNESS PREVENTION (ESG & HPRP)
SHAKESPERIENCE PRODUCTIONS INC
117 BANK STREETWATERBURYCT06702061555859501(C)(3)$5,479TO SUPPORT SCHOLARSHIP PROGRAMS FOR SHAKESPERIENCE ACTING INTENSIVES CLASSES
ST VINCENT DEPAUL
PO BOX 1612 34 WILLOW STREET 2NDWATERBURYCT06721061001527501(C)(3)$96,845HOMELESS SHELTER AND OTHER SUPPORT SERVICES (ESG & HPRP)FLOOR
WATERBURY YOUTH SERVICE SYSTEM INC
83 PROSPECT STREETWATERBURYCT06702061219372501(C)(3)$14,764TRUANCY PREVENTION PROGRAM
FieldValueIRS element (for citing)
Total501c3 Org12Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
BUSINESS LOANS5$781,060
LOANS TO QUALIFIED INVESTORS WHO WILL RENT REHABBED UNITS TO LOW-INCOME INDIVIDUALS2$433,884

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER, THE CONTROLLER AND MEMBERS OF THE EXECUTIVE COMMITTEE. AFTER IT IS REVIEWED, A COPY OF THE 990 IS SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTO REGULARLY AND CONSISTENTLY ENFORCE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, WDC ENSURES THAT ALL BOARD MEMBERS MUST REVISIT, RENEW, AND RESIGN THE CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15AA COMMITTEE CONSISTING OF THE CHAIRMAN AND TWO BOARD MEMBERS DISCUSS CEO'S PERFORMANCE AND DISCUSS APPROPRIATE RAISE BASED ON BUDGETARY ALLOWANCE. A MEMORANDUM IS THEN DRAWN UP AND SIGNED BY THE CHAIRMAN OF THE BOARD STATING THE CEO'S RAISE.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.
FORM 990, PART IX, LINE 24EENVIRONMENTAL SERVICES: PROGRAM SERVICE EXPENSES 449,888. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 449,888. ARCH & ENGR SERVICES: PROGRAM SERVICE EXPENSES 171,780. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 171,780. RELOCATION: PROGRAM SERVICE EXPENSES 134,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,800. TRANSPORTATION EXP - ELDERLY: PROGRAM SERVICE EXPENSES 134,518. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,518. OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 64,902. MANAGEMENT AND GENERAL EXPENSES 3,667. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,569. ROAD IMPROVEMENTS: PROGRAM SERVICE EXPENSES 50,487. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,487. NEW CONSTRUCTION: PROGRAM SERVICE EXPENSES 41,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,000. BUILDING SECURITY: PROGRAM SERVICE EXPENSES 6,866. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,866. APPRAISALS & TITLE SEARCHES: PROGRAM SERVICE EXPENSES 700. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 700.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
WATERBURY BROWNFIELDS REDEVELOPMENT LLC
83 BANK STWATERBURYCT06702263731438ENTITY FORMED TO REMEDIATE REAL PROPERTY ON BEHALF OF THE CITY OF WATERBURYCT$0$0WATERBURY DEVELOPMENT CORPORATION
WATERBURY NSP III LLC
83 BANK STWATERBURYCT06702463245513MANAGEMENT OF PROPERTY RELATED TO NSP III ON BEHALF OF CITY OF WATERBURYCT$0$0WATERBURY DEVELOPMENT CORPORATION

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