2024-11-12T10:08:11-06:00 2023-12-31 061533315 CIRONEFRIEDBERG LLP 6 RESEARCH DRIVE 450 SHELTON CT 06484 990 2023-01-01 237374878 BRIDGEPORT ECONOMIC DEVELOPMENT CORP BRID 2033353800 10 MIDDLE STREET-14TH FL BRIDGEPORT CT 06601 EDWARD LAVERNOICH PRESIDENT 2033353800 2024-11-08 1 1 SANDRA D CALLANAN CPA P01200948 2033665876 2024-11-07 2023 2024-10-15 13:58:12Z EDWARD LAVERNOICH 10 MIDDLE STREET 14TH FLOOR BRIDGEPORT CT 06604 246966 0 X WWW.BRBC.ORG X 1974 CT IS A COMMUNITY BASED ORGANIZATION THAT DEVELOPS AND MANAGES PROGRAMS AND PROJECTS THAT FOSTER BUSINESS DEVELOPMENT, COMMUNITY REINVESTMENT, AND NEIGHBORHOOD REVITALIZATION. BEDCO WORKS COLLABORATIVELY TO SERVE THE BUSINESS COMMUNITY, NEIGHBORHOOD ORGANIZATIONS, AND THE PUBLIC SECTOR FOR THE BENEFIT OF THE BRIDGEPORT ECONOMIC REGION. THE MAJORITY OF BEDCO REVENUES RESULT FROM THE ADMINISTRATION OF BRIDGEPORT AREA INDUSTRIAL AND COMMERCIAL DEVELOPMENT PROJECTS AND RELATED ECOMONIC DEVELOPMENT STUDIES. THE MAJOR SERVICES BEDCO PROVIDES ARE SITE ACQUISITION, SITE ASSEMBLY, REMEDIATION OF ENVIRONMENTALLY CONTAMINATED PROPERTY, AND INFRASTUCTURE DEVELOPEMENT, AND OTHER ACTIVITIES ASSOCIATED WITH REMOVING IMPEDIMENTS TO NEW PRIVATE INVESTMENT. 12 11 0 0 0 0 345984 221715 1900 1047 0 24202 2 2 347886 246966 0 0 0 0 84147 83966 0 0 0 399818 676015 483965 759981 -136079 -513015 1928557 1549138 45011 178607 1883546 1370531 X IS A COMMUNITY BASED ORGANIZATION THAT DEVELOPS AND MANAGES PROGRAMS AND PROJECTS THAT FOSTER BUSINESS DEVELOPMENT, COMMUNITY REINVESTMENT, AND NEIGHBORHOOD REVITALIZATION. BEDCO WORKS COLLABORATIVELY TO SERVE THE BUSINESS COMMUNITY, NEIGHBORHOOD ORGANIZATIONS, AND THE PUBLIC SECTOR FOR THE BENEFIT OF THE BRIDGEPORT ECONOMIC REGION. THE MAJORITY OF BEDCO REVENUES RESULT FROM THE ADMINISTRATION OF BRIDGEPORT AREA INDUSTRIAL AND COMMERCIAL DEVELOPMENT PROJECTS AND RELATED ECONOMIC DEVELOPMENT STUDIES. THE MAJOR SERVICES BEDCO PROVIDES ARE SITE ACQUISITION, SITE ASSEMBLY, REMEDIATION OF ENVIRONMENTALLY CONTAMINATED PROPERTY, AND INFRASTRUCTURE DEVELOPMENT, AND OTHER ACTIVITIES ASSOCIATED WITH REMOVING IMPEDIMENTS TO NEW PRIVATE INVESTMENT. 0 0 470812 24202 COMMUNITY ENVIRONMENTAL BENEFIT AGREEMENT FOR FISCAL MANAGEMENT OF THE COMMUNITY ENVIRONMENTAL BENEFIT FUND WHICH WAS ESTABLISHED WITH FUNDING FROM PSEG. 185833 179116 CULTURAL GRANT - TO REIMBURSE AND FUND EXPENDITURES MADE IN HISPANIC CULTURAL EVENTS IN TEN CITIES ACROSS CONNECTICUT. 22879 BOSTWICK PHASE IV - PROGRAM TO PASS FUNDS THROUGH TO BOSTWICK PARTNERS, LLC TO BE USED IN ACCORDANCE WITH THE DEPARTMENT OF ENERGY AND ENVIRONMENTAL PROTECTION URBAN SITES REMEDIAL ACTION PROGRAM FOR THE ABATEMENT, REMEDIATION AND ASSOCIATION STABALIZATION OF HISTORICAL STRUCTURES. 8397 WEST END PARK PROJECT - PROJECT MANAGEMENT AGREEMENT WITH THE CITY OF BRIDGEPORT, CONNECTICUT TO PROVIDE ASSISTANCE TO THE WEST END INDUSTRIAL PARK PROJECT. 7410 BEES & BLOSSOMS 6418 EAST SIDE DAY 2023 4198 SEAVIEW INDUSTRIAL PARK A PROJECT TO CONTINUE THE DEVELOPMENT OF THE INDUSTRIAL PARK AND THE SURROUNDING SEAVIEW AVENUE AREA. 3715 357 BRIDGEPORT BRASS REDEVELOPMENT PLANNING PROJECT INTENDS TO CREATE A COMPREHENSIVE IMPLEMENTATION TO REMEDIATE AND REDEVELOP THE 22-ACRE BRASS PROJECT AREA, IN A COLLABERATIVE EFFORT BETWEEN BEDCO, THE CITY OF BRIDGEPORT, AND THE CONNECTICUT METROPOLITAN OF GOVERNORS. 1679 CHERRY PHASE III 11119 OTHER PROSPECTIVE PROJECTS 42936 357 722460 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 X EDWARD LAVERNOICH 2033353800 10 MIDDLE STREET 14TH FLOOR BRIDGEPORT CT 06601 MAUREEN FUNKE BOARD MEMBER 1.00 X 0 0 0 CAROLYN GONZALEZ BOARD MEMBER 1.00 X 0 0 0 WILLIAM COLEMAN BOARD MEMBER 1.00 X 0 0 0 ANDRE BAKER BOARD MEMBER 1.00 X 0 0 0 JOHN BUNDSCHUH BOARD MEMBER 1.00 X 0 0 0 CHARLES SCOTT BOARD MEMBER 1.00 X 0 0 0 GEORGE ESTRADA VICE CHAIR 1.00 X X 0 0 0 ALBERT CARBONE BOARD MEMBER 1.00 X 0 0 0 JANENE HAWKINS BOARD MEMBER 1.00 X 0 0 0 PAUL TIMPANELLI TREASURER 1.00 X X 0 0 0 EDWARD LAVERNOICH PRESIDENT AND SECRETARY 25.00 X X 0 83966 0 DAVID LEVINE BOARD CHAIR 1.00 X X 0 0 0 0 83966 0 0 0 0 0 0 193955 27760 221715 FISCAL MANAGEMENT SVCS 561000 1047 1047 1047 24202 24202 LEASE INCOME 900099 2 2 2 246966 25249 0 2 83966 71252 12714 40444 25290 15154 4058 2564 1494 11129 2970 8159 GRANT EXPENSE 616341 616341 MISCELLANEOUS EXPENSES 4043 4043 759981 722460 37521 0 1840526 1528069 83541 16449 4488 4618 2 2 1928557 1549138 16989 726 28022 177881 45011 178607 X 173064 220284 1710482 1150247 1883546 1370531 1928557 1549138 -513015 0 X X 1 X 0 1 0 X 207208 97406 88555 345984 221715 960868 207208 97406 88555 345984 221715 960868 960868 24202 24202 2 4522 2 2 2 4530 989600 11097 0.97100 0.99540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO COUNCIL 6997 REFUNDABLE ADVANCE - CULTURAL GRANT 170884 177881 FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY THE PRESIDENT AND A BOARD MEMBER ON BEHALF OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND OTHER DOCUMENTS ARE AVAILABLE AT THE AGENCY'S OFFICE TO ANY PERSON MAKING A REQUEST. PART XII LINE 2C NO CHANGE FROM PRIOR YEAR BRIDGEPORT REGIONAL BUSINESS COUNCIL 10 MIDDLE STREET 14TH FLOOR BRIDGEPORT CT 06601 060271980 INCREASE OPPORTUNITIES FOR THE BUSINESSES IN BRIDGEPORT CT AREA CT 501(C)(6) 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 BRIDGEPORT REGIONAL BUSINESS COUNCIL N 5000 ALLOCATED SPACE BRIDGEPORT REGIONAL BUSINESS COUNCIL P 83966 ACTUAL COST BRIDGEPORT REGIONAL BUSINESS COUNCIL E 6997 AMOUNT OWED