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New Bedford Economic Development Council INC

Public charityFed auditsIRS 990
DBA: % DEBORAH TROMBLY
Research & Policy · NEW BEDFORD, MA · EIN 04-3244024

About

To foster business growth, greater employment and economic development in the greater new bedford AREA.

In care of Deborah Trombly

Donations are tax-deductible
Category
Research & Policy
Employees
6
Volunteers
29

Financial Snapshot

FY ending 2023-06-30
Revenue
$3.4M
Expenses
$4.3M
Assets
$5.6M
Liabilities
$1.5M

Financial history

$4.3M$2.1M$0
17181920212223
RevenueExpenses
Latest FY2023: $3.4M · Avg: $1.8M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$1.3M
NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL INC
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Address

1213 Purchase Street
New Bedford, MA, 02740-669

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
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