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Hamden Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510495250 ✦ Hamden, CT ✦ Designated as a 501(c)(4)

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Overview

What is Hamden Economic Development Corporation?

The Hamden Economic Development Corporation is a nonprofit organization situated in Hamden, Connecticut at 3074 Whitney Avenue Building 1. Its primary objective is to promote economic productivity within the community and its surrounding neighborhoods by acquiring, operating, and conveying real property. Specifically, the corporation focuses on remediating, repairing, and improving residential and commercial properties that have been affected by environmental contamination. Their overall mission is to stimulate economic growth and development across Hamden and its adjacent communities.

Is Hamden Economic Development Corporation legitimate?

Hamden Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hamden Economic Development Corporation 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 Hamden Economic Development Corporation?

The Hamden Economic Development Corporation's mission is focused on encouraging economic growth and development across various communities. It achieves this by acquiring, operating, and transferring real estate properties with the intention of making improvements. These improvements are designed to boost the economic productivity of the community and surrounding neighborhoods, ultimately enhancing the overall economic development. Additionally, the corporation undertakes remediation, repair, and improvement projects on residential and commercial properties that have been affected by environmental contamination.

Who is the CEO of Hamden Economic Development Corporation?

Dale Kroop is the Treasurer of Hamden Economic Development Corporation.

What is the revenue of Hamden Economic Development Corporation?

Hamden Economic Development Corporation's revenue in 2022 was $1,657,660.

Who are the executives of Hamden Economic Development Corporation and what are their salaries?


Here are 11 key members and their salaries:


Eric West (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Rolnick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Cariglio (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Aceto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Kroop (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Terry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Rossley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Defrances-Vittorio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Leighton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Golebiewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nutcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hamden Economic Development Corporation?

Hamden Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hamden Economic Development Corporation

The Hamden Economic Development Corporation, in its mission, aims to remediate, repair, and enhance both residential and commercial properties within the town of Hamden that have been impacted by environmental contamination. This organization's primary objective is to foster economic growth and development not only within Hamden but also in its surrounding communities. To achieve this, the Hamden Economic Development Corporation acquires, operates, and transfers real property with the intention of implementing improvements designed to boost the economic productivity of the community and its neighboring districts. These improvements are intended to positively influence the economic landscape of the area, ultimately contributing to its overall development and prosperity.

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Impact




October, 2024

Hamden Economic Development Corporation significantly impacts the local community by focusing on the remediation, repair, and improvement of residential and commercial properties affected by environmental contamination. By acquiring, operating, and conveying real property, the organization facilitates essential improvements that aim to enhance the economic productivity of Hamden and its surrounding neighborhoods. This proactive approach not only addresses the challenges posed by environmental issues but also fosters economic growth and development throughout the region, contributing to a healthier and more vibrant community.




This information is meant to be a general summary of Hamden Economic Development Corporation. 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.

Revenue
$1,657,660 (2022)
Expenses
$1,766,367 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39,755
  • Gross Receipts: $1,657,660

Assets and Liabilities:

  • Total Assets: $3,046,023
  • Total Liabilities: $2,171,009
  • Net Assets: $875,014

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Organization Details

Founding Year

2008

Principal Officer

Dale Kroop

Main Address

3074 WHITNEY AVENUE BUILDING 1, HAMDEN, CT, 06518

NTEE Category

Code: S20 - Community improvement

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