2025-03-12T11:02:38-05:00 2024-06-30 061438606 ZACKIN ZIMYESKI SULLIVAN CPA LLC 333 CHURCH STREET NAUGATUCK CT 06770 990 2023-07-01 061549006 WATERBURY DEVELOPMENT CORPORATION WATE 2033462607 83 BANK STREET 3RD FL WATERBURY CT 06702 CATHERINE AWWAD CHAIRMAN 2033462607 2025-02-25 1 1 KEITH F SULLIVAN P00372938 2037532200 2025-02-25 2023 2025-03-06 01:10:19Z CATHERINE AWWAD 83 BANK STREET 3RD FL WATERBURY CT 06702 3325742 0 X HTTP://WDCONLINE.ORG X 2004 CT LONG RANGE PLANNING FOR ECONOMIC DEVELOPMENT 21 21 12 0 0 0 3120422 2571186 334592 376554 57678 158828 219174 219174 3731866 3325742 3400 0 0 0 1311454 1502234 0 0 0 2493355 2020812 3808209 3523046 -76343 -197304 8144248 8089974 6929593 7072623 1214655 1017351 TO STIMULATE AND SUPPORT ECONOMIC AND HOUSING DEVELOPMENT WITHIN THE COMMUNITIES OF THE CITY OF WATERBURY. 0 0 3304199 376554 TO STIMULATE AND SUPPORT ECONOMIC AND HOUSING DEVELOPMENT WITHIN THE COMMUNITIES OF THE CITY OF WATERBURY. 3304199 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 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 1 1 0 0 0 1 10 0 12 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X JAMES NEALON 2033462607 83 BANK ST FL 3 WATERBURY CT 06702 CATHERINE AWWAD CHAIRMAN 0.50 1.00 X X 0 0 0 JOSEPH R MCGRATH VICE CHAIRMAN 0.50 X X 0 0 0 WILLIAM RYBCZYK TREASURER 0.50 X X 0 0 0 LYNN G WARD SECRETARY 0.50 X X 0 0 0 ROBERT BURNS BOARD MEMBER 0.50 X 0 0 0 ARTHUR DENZE BOARD MEMBER 0.50 X 0 0 0 JOSEPH DORSO BOARD MEMBER 0.50 X 0 0 0 DOMENIC GIGLIO BOARD MEMBER 0.50 X 0 0 0 MATT BYRNE BOARD MEMBER 0.50 X 0 0 0 JACK TRAVER JR BOARD MEMBER 0.50 X 0 0 0 MICHAEL CERVELLINO BOARD MEMBER 0.50 X 0 0 0 MARY ROSENGRANT-CHIAPPALONE BOARD MEMBER 0.50 X 0 0 0 KENNETH COOK BOARD MEMBER 0.50 X 0 0 0 STEPHEN A DOHONEY BOARD MEMBER 0.50 X 0 0 0 WILLIAM PALOMBA BOARD MEMBER 0.50 X 0 0 0 SUSAN SPRANO BOARD MEMBER 0.50 X 0 0 0 GEORGE TIARDO JR BOARD MEMBER 0.50 X 0 0 0 RUBEN RODRIGUEZ BOARD MEMBER 0.50 X 0 0 0 CARMEN ROMEO BOARD MEMBER 0.50 X 0 0 0 DAVID LEPORE BOARD MEMBER 0.50 X 0 0 0 MICHAEL DIGIOVANCARLO BOARD MEMBER 0.50 X 0 0 0 JAMES NEALON CFO 37.50 X 87482 0 0 THOMAS HYDE EXECUTIVE DIRECTOR 37.50 X 0 0 0 RONALD CASSELLA VP OF OPERATIONS 37.50 X 170899 0 0 THOMAS FAVAZZO PROJECT MANAGER 37.50 X 115209 0 0 373590 0 0 2 0 1 0 0 2571186 2571186 WATERBURY PROMISE 561000 303146 303146 PROGRAM REVENUE 900099 52563 52563 NVRDC 561000 20845 20845 376554 158828 158828 219174 0 219174 219174 219174 3325742 595728 0 158828 91356 80302 11054 1146681 1007933 138748 54939 48291 6648 112081 98519 13562 97177 85419 11758 21258 19168 2090 2640 2321 319 24497 21533 2964 16435 15196 1239 28493 25045 3448 355044 330634 24410 12892 10285 2607 CONSTRUCTION 1559553 1559553 3523046 3304199 218847 0 1252278 1085003 818246 1030534 2069955 1538216 120946 74910 46254 46036 3957515 4390185 8144248 8089974 1094146 1105863 19859 19859 5815588 5946901 6929593 7072623 X 1214655 1017351 1214655 1017351 8144248 8089974 -197304 0 X 0 1 X 0 0 X 4169850 4546395 1956512 2984553 2895177 16552487 4169850 4546395 1956512 2984553 2895177 16552487 16552487 247732 222711 254790 547101 430565 1702899 18255386 0.90670 0.93480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17178 4772 12406 103768 70138 33630 46036 RESTRICTED CASH FOR DECD LOAN ASSISTANCE 3760224 LAND HELD FOR SALE 196466 RIGHT-OF-USE ASSET - OPERATING LEASE 285586 OTHER ASSETS 1371 RESTRICED CASH - WATERBURY PROMISE 146538 4390185 ASSISTANCE 4112163 REVOLVING LOAN - DECD ASSISTANCE 1382745 LEASE LIABILITY 305455 DUE TO WATERBURY PROMISE 146538 5946901 3325742 0 3325742 0 3325742 3523046 0 3523046 0 3523046 0 0 0 0 0 0 0 0 0 RONALD CASSELLA VP OF OPERATIONS 170899 0 0 0 0 0 0 0 0 0 170899 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE WDC CFO AND PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C TO 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 15A A COMMITTEE CONSISTING OF THE CHAIRMAN AND TWO BOARD MEMBERS DISCUSS THE CEO'S PERFORMANCE AND DISCUSS APPROPRIATE COMPENSATION LEVEL BASED ON BUDGETARY ALLOWANCE. A MEMORANDUM IS THEN DRAWN UP AND SIGNED BY THE CHAIRMAN OF THE BOARD STATING THE CEO'S APPROVED COMPENSATION LEVEL. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. 698 SOUTH MAIN STREET INC 83 BANK ST FL 3 WATERBURY CT 06702 821219894 DEMOLITION OF ANAMET INC. INDUSTRIAL FACILITY AND REMEDIATION OF PROPERTY CT 501(C)(3) LINE 7 WATERBURY DEVELOPMENT CORPORATION 1 NAUGATUCK VALLEY REGIONAL DEVELOPMENT CORPORATION 83 BANK ST FL 3 WATERBURY CT 06702 060854496 TO ADVANCE THE INTEREST OF CITY OF WATERBURY AND THE SURROUNDING COMMUNITIES CT 501(C)(4) 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 698 SOUTH MAIN STREET INC P 53686 COST