2022-11-15T18:36:39-06:00 2021-12-31 042713795 MEYERS BROTHERS KALICKA PC 330 WHITNEY AVE SUITE 800 HOLYOKE MA 01040 990 2021-01-01 043237124 ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC ECON 4137551369 1441 MAIN STREET 136 SPRINGFIELD MA 01103 RICHARD SULLIVAN PRESIDENT 4137551369 2022-11-15 1 RICHARD SULLIVAN 999009999 RUDY M D'AGOSTINO P00962620 4135368510 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RICHARD SULLIVAN 1441 MAIN STREET 136 SPRINGFIELD MA 01103 5238013 0 X WWW.WESTERNMASSEDC.COM X 1994 MA REGIONAL ECONOMIC DEVELOPMENT 35 34 57 38 0 0 521463 1230743 3706996 3816002 3578 686 0 0 4232037 5047431 0 587003 0 0 3699568 3812783 0 0 0 525337 531171 4224905 4930957 7132 116474 946584 1229213 700724 866879 245860 362334 TO STIMULATE AND FACILITATE A VIGOROUS REGIONAL ECONOMY, ENCOURAGING AND SUSTAINING CAPITAL INVESTMENT AND QUALITY JOB GROWTH. 0 0 COORDINATED ECONOMIC DEVELOPMENT ACTIVITIES WITH OTHER BUSINESS DEVELOPMENT GROUPS BY PROVIDING STAFFING AND OTHER SUPPORT SERVICES SUPPORTED REGIONAL ECONOMIC DEVELOPMENT BY PROVIDING RESOURCES AND INFORMATION TO BUSINESSES OPERATING IN OR ENTERING THE REGION. SPRINGFIELD WORKS INITIATIVE IS A CATALYTIC, COLLECTIVE IMPACT INITIATIVE OF PARTNERS SUPPORTED BY THE ECONOMIC DEVELOPMENT COUNCIL. EACH PARTNER OF THIS INITIATIVE HAS COMMITTED HUMAN AND FINANCIAL RESOURCES TO GOVERN AND DRIVE STRATEGIES TO BUILD ECONOMIC PROSPERITY TO THE AREA THROUGH WORKFORCE DEVELOPMENT. THE GOAL IS TO FIGURE OUT WAYS TO ALIGN AREA-JOB SEEKERS WITH EMPLOYERS AND TO HELP EMPLOYERS RETAIN NEWLY HIRED WORKERS BY SETTING UP EMPLOYEE MENTORING PROGRAMS. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 13 0 1 57 1 0 0 0 0 1 1 0 0 0 X 35 34 1 0 0 0 1 1 1 1 1 0 0 0 0 0 1 1 1 0 X RICK SULLIVAN 4137551369 1441 MAIN STREET SPRINGFIELD MA 01103 KEVIN VANN CHAIR (END 6/2021) 1.00 X X 0 0 0 PATRICIA CANAVAN V.CHAIR THRU 6/21;THEN CHAIR 1.00 X X 0 0 0 STEVEN LOWELL TREASURER 1.00 X X 0 0 0 KATIE ALLAN ZOBEL CLERK 1.00 X X 0 0 0 GEORGE ARWADY DIRECTOR 1.00 X 0 0 0 WILLIAM WAGNER DIRECTOR (END 1/2021) 1.00 X 0 0 0 CHARLES D'AMOUR DIRECTOR 1.00 X 0 0 0 STEPHEN DAVIS DIRECTOR 1.00 X 0 0 0 ALICIA BARTON DIRECTOR (START 1/21/21) 1.00 X 0 0 0 STEVEN ROBERTS DIRECTOR 1.00 X 0 0 0 KEVIN DAY DIRECTOR 1.00 X 0 0 0 ELLEN CUMMINGS DIRECTOR 1.00 X 0 0 0 FRANCIS DIBBLE DIRECTOR 1.00 X 0 0 0 KUMBLE SUBBASWAMY DIRECTOR 1.00 X 0 0 0 DANIEL GLANVILLE DIRECTOR 1.00 X 0 0 0 JIA BO DIRECTOR 1.00 X 0 0 0 JOHN HESSLEIN DIRECTOR (END 11/2021) 1.00 X 0 0 0 MARK KEROACK DIRECTOR 1.00 X 0 0 0 ROBERT BABCOCK DIRECTOR 1.00 X 0 0 0 DAVID CHASE DIRECTOR 1.00 X 0 0 0 RICHARD SWIFT DIRECTOR (START 1/21/21) 1.00 X 0 0 0 DR JOHN COOK DIRECTOR 1.00 X 0 0 0 JAMES HUNT DIRECTOR 1.00 X 0 0 0 CHRISTINA ROYAL DIRECTOR; CO-VICE CHAIR AS OF 6/2021 1.00 X X 0 0 0 SETH STRATTON DIRECTOR (END 11/2021) 1.00 X 0 0 0 LISA MCCARTHY - START 1121 DIRECTOR; CO-VICE CHAIR AS OF 6/2021 1.00 X X 0 0 0 DANIEL BUTTERFIELD DIRECTOR 1.00 X 0 0 0 PETER CARMICHAEL DIRECTOR 1.00 X 0 0 0 JOHN BARAN DIRECTOR 1.00 X 0 0 0 SUE KRISTJASSON DIRECTOR (START 3/18/21) 1.00 X 0 0 0 YVES SALOMON-FERNANDEZ DIRECTOR 1.00 X 0 0 0 DENA HALL DIRECTOR 1.00 X 0 0 0 DEBORAH BITSOLI DIRECTOR 1.00 X 0 0 0 HARRY DUMAY DIRECTOR 1.00 X 0 0 0 ERIC WEINSTEIN DIRECTOR 1.00 X 0 0 0 SHAWN PACE DIRECTOR 1.00 X 0 0 0 KAY SIMPSON DIRECTOR 1.00 X 0 0 0 SCOTT FOSTER DIRECTOR 1.00 X 0 0 0 ANTHONY DOS SANTOS DIRECTOR 1.00 X 0 0 0 RICHARD SULLIVAN PRESIDENT/CEO OF EDC 37.50 X 357473 0 32100 BRIAN DUFFEY DIRECTOR OF FIN.- THRU 6/21 37.50 X 50292 0 0 CHRISTOPHER RUSSELL EXECUTIVE DIR/SBD 37.50 X 218039 0 41667 MICHAEL BOLTON PRESIDENT/WMDC 37.50 X 147603 0 30746 MARY KAY WYDRA PRESIDENT/C&VC 37.50 X 134493 0 17913 JEFFREY DALEY PRESIDENT/WADC 37.50 X 231683 0 17376 ANNE KANDILIS DIRECTOR/SPFLD WORKS 37.50 X 122524 0 25132 1262107 0 164934 6 0 1 0 0 1230743 1230743 CONTRACT REVENUE 561499 3113587 3113587 MEMBERSHIP DUES 561499 675915 675915 PAYROLL PROCESSING 561499 25275 25275 OTHER EVENTS 561499 1225 1225 3816002 686 686 190582 190582 0 0 5047431 3790727 0 25961 587003 487723 2646018 173790 255238 250014 11587 19355 52174 14005 35897 6981 4035 4563 WORKING CITIES PROGRAM 333427 BAD DEBT EXPENSE 30518 DUES AND SUBSCRIPTIONS 6362 EVENT EXPENSE 5315 6952 4930957 246540 492623 528984 556823 4000 30315 153330 145019 6815 1553 176964 174084 6915 2880 946584 1229213 191840 240685 210615 298312 298269 327882 700724 866879 X 245860 362334 245860 362334 946584 1229213 116474 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 675915 20000 20000 43259 -23259 13838 13838 0 105733 102853 2880 57393 57393 0 2880 ACCRUED PENSION PAYABLE 327882 327882 X 5238013 190582 190582 5047431 0 5047431 5121539 190582 190582 4930957 0 4930957 PART X, LINE 2: UNCERTAIN TAX POSITIONS A TAX POSITION IS DEEMED TO INCLUDE SUCH THINGS AS THE ORGANIZATION'S TAX EXEMPT STATUS, UNRELATED BUSINESS INCOME AND THE METHODOLOGIES FOR ALLOCATING EXPENSES TO UNRELATED BUSINESS INCOME STREAMS. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER DECEMBER 31, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE RENTAL EXPENSES NETTED AGAINST INCOME 190,582. PART XII, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE RENTAL EXPENSES NETTED AGAINST INCOME 190,582. 1 SPRINGFIELD REGIONAL CHAMBER OF COMMERCE 1441 MAIN STREET SPRINGFIELD MA 01103 042281920 501(C)(6) 61434 0 TO PROVIDE ECONOMIC SUPPORT. MAKE-IT-SPRINGFIELD 168 WORTHINGTON STREET SPRINGFIELD MA 01103 824633337 501(C)(3) 12547 0 TO PROVIDE ECONOMIC SUPPORT. SPRINGFIELD CULTURAL PARTNERSHIP INC 127 STATE STREET SPRINGFIELD MA 01103 812515358 501(C)(3) 18499 0 TO PROVIDE ECONOMIC SUPPORT. SPRINGFIELD BUSINESS IMPROVEMENT DISTRICT 1331 MAIN STREET SPRINGFIELD MA 01103 043428312 501(C)(6) 68010 0 TO PROVIDE ECONOMIC SUPPORT. GREATER SPRINGFIELD CONVENTION AND VISITORS BUREAU 1441 MAIN STREET SPRINGFIELD MA 01103 222659512 501(C)(6) 97328 0 TO PROVIDE ECONOMIC SUPPORT. WESTOVER METROPOLITAN DEVELOPMENT CORP 255 PADGETTE STREET CHICOPEE MA 01022 042553520 501(C)(4) 119461 0 TO PROVIDE ECONOMIC SUPPORT. WESTMASS AREA DEVELOPMENT CORP ONE MONARCH PLACE SUITE 1350 SPRINGFIELD MA 01144 046057343 501(C)(6) 83833 0 TO PROVIDE ECONOMIC SUPPORT. AMHERST BUSINESS IMPROVEMENT DISTRICT 35 S PLEASANT ST AMHERST MA 01002 455243811 501(C)(6) 37825 0 TO PROVIDE ECONOMIC SUPPORT. VALLEY VENTURE MENTORING SERVICE INC 276 BRIDGE STREET SPRINGFIELD MA 01103 043268603 501(C)(3) 70350 0 TO PROVIDE ECONOMIC SUPPORT. EAST OF THE RIVER CHAMBER OF COMMERCE 1441 MAIN STREET SUITE 136 SPRINGFIELD MA 01103 262996479 501(C)(6) 17716 0 TO PROVIDE ECONOMIC SUPPORT. 2 10 PART IV- GRANTS OR ASSISTANCE TO DOMESTIC ORGANIZATIONS GRANTS/ASSISTANCE PROVIDED WAS AN ALLOCATION OF PPP FUNDING SHARED WITH AFFILIATED ORGANIZATIONS FOR PURCHASED SERVICES AND RENT CHARGES. EDC IS IN CLOSE CONTACT WITH ALL OF ITS AFFILIATED ORGANIZATIONS IN ORDER TO MONITOR FUNDS. X X X 0 0 0 RICHARD SULLIVAN PRESIDENT/CEO OF EDC 312453 0 45020 0 0 0 26100 0 6000 0 389573 0 0 0 CHRISTOPHER RUSSELL EXECUTIVE DIR/SBD 162836 0 55203 0 0 0 16857 0 24810 0 259706 0 0 0 JEFFREY DALEY PRESIDENT/WADC 141583 0 90100 0 0 0 17376 0 0 0 249059 0 0 0 MICHAEL BOLTON PRESIDENT/WMDC 147603 0 0 0 0 0 11534 0 19212 0 178349 0 0 0 MARY KAY WYDRA PRESIDENT/C&VC 122093 0 12400 0 0 0 10423 0 7490 0 152406 0 0 0 RICHARD SWIFT BOD RICHARD SWIFT IS CEO OF HEALTH NEW ENGLAND (HNE) & IS AN EDC BOARD MEMBER 219000 HEALTH NEW ENGLAND WAS THE MEDICAL INSURANCE PROVIDER OF EDC'S EMPLOYEES 0 FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION'S EXECUTIVE COMMITTEE HAS ALL OF THE POWERS OF THE DIRECTORS IN THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 FRANCIS DIBBLE AND SCOTT FOSTER HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 APPROVAL BY EXISTING MEMBERS IS REQUIRED BEFORE AN ENTITY CAN BECOME A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS OF THE GOVERNING BODY MAY VOTE TO ACCEPT NEW MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL BY MEMBERS OF THE GOVERNING BODY IS REQUIRED TO ACCEPT NEW MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS DELEGATED REVIEW OF THE 990 TO THE ORGANIZATION'S CEO. FORM 990, PART VI, SECTION B, LINE 15 IN DETERMINING THE COMPENSATION OF THE ORGANIZATION'S OFFICERS/KEY EMPLOYEES, THE EXECUTIVE COMMITTEE USED A COMPARABILITY STUDY OF SIMILAR SIZE EXEMPT ORGANIZATIONS IN NEW ENGLAND. THE LAST FULL COMPENSATION STUDY DONE FOR THE CEO POSITION WAS IN 2014, WHEN THE CURRENT CEO WAS HIRED. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EDC 413WORKS 1441 MAIN STREET SPRINGFIELD MA 01103 861491313 ECONOMIC DEVELOPMENT IN W MA MA 501(C)(3) LINE 12A, I EDC OF W MA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0