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WORCESTER BUSINESS DEVELOPMENT CORP

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Public nonprofit record

WORCESTER BUSINESS DEVELOPMENT CORP

EIN 04-2381829 · Homeowners & Tenants Associations (L50)

What they do

THE WORCESTER BUSINESS DEVELOPMENT CORPORATION (WBDC) is A PRIVATE, NON- PROFIT BUSINESS ORGANIZATION WITH A PUBLIC PURPOSE MISSION to SERVE AS AN INNOVATION and LEADING FORCE IN THE ECONOMIC DEVELOPMENT of THE CITY of WORCESTER and THE REGION, RESULTING IN JOB CREATION and TAX BASE EXPANSION.

Money

Financial picture

Tax year 2024
Revenue$1,979,674
Expenses$1,697,908
Assets$18,935,195
Income$1,979,674
Grants given$193,000
Average grant$19,300
Management$280,523
Stocks and bonds$497,559
Accounting fees$19,415
Investing fees$23,310

About this charity

Recognized since
January 1966
Location
89 SHREWSBURY STREET, WORCESTER, MA 01604
County
Worcester
In care of
CRAIG L BLAIS
Primary officer
CRAIG L BLAIS, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
WADOVICK & COMPANY
NTEE classification
Homeowners & Tenants Associations (L50)
IRS tax category
Homeowners & Tenants Associations
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
04
Affiliation
3
Classification
3000
Deductibility
2
Activity
402921000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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