Overview
What is Westover Metropolitan Development Corp?
Westover Metropolitan Development Corp is a nonprofit organization situated in Chicopee, Massachusetts. Based at 255 Padgette Street, their primary mission is to assist private enterprises in transforming and redeveloping lands that were previously utilized at Westover Air Force Base for non-military purposes. This initiative aims to combat unemployment and economic hardship within the local community. Additionally, their work involves improving a municipal airport to stimulate the local economy.
Is Westover Metropolitan Development Corp legitimate?
Westover Metropolitan Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Westover Metropolitan Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Westover Metropolitan Development Corp?
The Westover Metropolitan Development Corp's mission is centered around assisting private enterprises in transforming and repurposing lands previously utilized by Westover Air Force Base for non-military purposes. This initiative aims to combat unemployment and economic decline in the area. The corporation operates with the goal of converting these lands into productive, non-military spaces, thereby stimulating local economic growth. Their activities extend to the improvement of a municipal airport, contributing positively to the community's economy.
Who is the CEO of Westover Metropolitan Development Corp?
Andy Widor is the Ceo of Westover Metropolitan Development Corp. The CEO's salary of Westover Metropolitan Development Corp is $0 and their total compensation is $126,000.
What is the revenue of Westover Metropolitan Development Corp?
Westover Metropolitan Development Corp's revenue in 2022 was $2,539,078.
Who are the executives of Westover Metropolitan Development Corp and what are their salaries?
There 8 volunteers at Westover Metropolitan Development Corp.
Here are 10 key members and their salaries (Westover Metropolitan Development Corp's CEO's salary is $0 and their total compensation is $126,000):
- Compensation: $0
- Related: $220,477
- Other: $0
- Compensation: $0
- Related: $126,000
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Westover Metropolitan Development Corp?
Westover Metropolitan Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westover Metropolitan Development Corp
Westover Metropolitan Development Corporation, in its mission, aims to support private enterprises in transforming lands that were previously utilized by Westover Air Force Base for military purposes, into non-military facilities. The primary objective of this organization is to combat unemployment and economic downturns in the area. By facilitating the conversion and redevelopment of these lands, Westover Metropolitan Development Corporation seeks to stimulate economic growth and improve the local community's overall well-being. The organization's operations also involve enhancing a municipal airport, with the ultimate goal of bolstering the local economy.
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Impact
October, 2024
Westover Metropolitan Development Corp plays a crucial role in stimulating economic growth and rejuvenating communities in Chicopee, MA. By facilitating the conversion and redevelopment of lands previously occupied by Westover Air Force Base, the organization aids private enterprises in transforming these areas for nonmilitary use. This initiative not only fosters job creation but also addresses economic challenges such as unemployment and blight.
The development efforts extend to the operations and improvements of the local municipal airport, further enhancing regional accessibility and attracting new businesses. These comprehensive strategies contribute to a vibrant local economy, making Westover Metropolitan Development Corp essential for driving community improvement and revitalization in the region.
This information is meant to be a general summary of Westover Metropolitan Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $51,215
- Program Service Revenue: $1,532,895
- Gross Receipts: $3,424,650
Assets and Liabilities:
- Total Assets: $19,443,410
- Total Liabilities: $4,018,326
- Net Assets: $15,425,084
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Flight Services
Revenue
$51,165
Landing Fees
Revenue
$30,455
Miscellaneous Revenue
Revenue
$29,441
Rental Income
Revenue
$1,417,773
Security Income
Revenue
$2,380
Organization Details
Founding Year
1974
Phone
(413) 593-6421Principal Officer
Andy Widor
Main Address
255 Padgette Street, Chicopee, MA, 01022
NTEE Category
Code: S30 - Community improvement
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