2025-11-17T15:28:19-06:00 2024-12-31 042713795 MEYERS BROTHERS KALICKA PC 330 WHITNEY AVE SUITE 800 HOLYOKE MA 01040 990 2024-01-01 043237124 ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC ECON 4137551369 1441 MAIN STREET 136 SPRINGFIELD MA 01103 RICHARD SULLIVAN PRESIDENT 4137551369 2025-11-17 1 1 RUDY M D'AGOSTINO P00962620 4135368510 2025-11-17 2024 2025-03-06 01:10:19Z RICHARD SULLIVAN 1441 MAIN STREET 136 SPRINGFIELD MA 01103 4945716 0 X WWW.WESTERNMASSEDC.COM X 1994 MA REGIONAL ECONOMIC DEVELOPMENT 41 40 53 40 0 0 398465 970249 3782062 3769932 4520 9079 0 2050 4185047 4751310 0 396886 0 0 3809569 3890608 0 0 0 377065 431356 4186634 4718850 -1587 32460 1691601 1800175 1172756 1248870 518845 551305 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 RESEARCHING LOCAL BUSINESS NEEDS, PROVIDING RESOURCES TO BUSINESSES OPERATING IN OR ENTERING THE REGION, AND BY PROMOTING LOCAL TOURISM. 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 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 20 0 1 53 1 0 0 0 0 1 1 0 0 0 X 41 40 0 0 1 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 CHRISTINA ROYAL CHAIR 1.00 X X 0 0 0 CESAR RUIZ CLERK 1.00 X X 0 0 0 GUS KIM FIRST VICE CHAIR 1.00 X X 0 0 0 SAM SKURA SECOND VICE CHAIR 1.00 X X 0 0 0 JAIMYE KELLEY TREASURER 1.00 X X 0 0 0 GEORGE AWADY DIRECTOR 1.00 X 0 0 0 ALICIA BARTON DIRECTOR THRU 5/24 1.00 X 0 0 0 PHILIP GONCALVES DIRECTOR 1.00 X 0 0 0 KRISTIN CARLSON DIRECTOR 1.00 X 0 0 0 ELLEN CUMMINGS DIRECTOR 1.00 X 0 0 0 CHARLES D'AMOUR DIRECTOR 1.00 X 0 0 0 DANIEL GLANVILLE DIRECTOR 1.00 X 0 0 0 JIA BO DIRECTOR THRU 5/24 1.00 X 0 0 0 MARK KEROACK DIRECTOR 1.00 X 0 0 0 ROBERT BABCOCK DIRECTOR THRU 5/24 1.00 X 0 0 0 DAVID CHASE SR DIRECTOR 1.00 X 0 0 0 RICHARD SWIFT DIRECTOR 1.00 X 0 0 0 DR JOHN COOK DIRECTOR 1.00 X 0 0 0 JAMES HUNT DIRECTOR THRU 5/24 1.00 X 0 0 0 ROBERT SIMONE DIRECTOR 1.00 X 0 0 0 DANIEL BUTTERFIELD DIRECTOR 1.00 X 0 0 0 PETER CARMICHAEL DIRECTOR 1.00 X 0 0 0 SUE KRISTJANSSON DIRECTOR 1.00 X 0 0 0 DENA HALL DIRECTOR THRU 5/24 1.00 X 0 0 0 DEBORAH BITSOLI 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 HARRY DUMAY DIRECTOR 1.00 X 0 0 0 DANIEL MORIARTY DIRECTOR 1.00 X 0 0 0 DANIEL FINNEGAN DIRECTOR 1.00 X 0 0 0 KUMBLE SUBBASWAMY DIRECTOR THRU 5/24 1.00 X 0 0 0 PAUL BELSITO DIRECTOR 1.00 X 0 0 0 ANDREW BRYDGES DIRECTOR START 5/24 1.00 X 0 0 0 MEGAN BURKE DIRECTOR 1.00 X 0 0 0 ELIZABETH DINEEN DIRECTOR 1.00 X 0 0 0 JAMES HICKSON DIRECTOR 1.00 X 0 0 0 DANIEL KEENAN DIRECTOR 1.00 X 0 0 0 JOHN LIBERA DIRECTOR 1.00 X 0 0 0 JAVIER REYES DIRECTOR START 5/24 1.00 X 0 0 0 BARRY ROBERTS DIRECTOR 1.00 X 0 0 0 NATE TASSINARI DIRECTOR START 5/24 1.00 X 0 0 0 GEORGE TIMMONS DIRECTOR 1.00 X 0 0 0 GARY TURKU DIRECTOR START 5/24 1.00 X 0 0 0 MIKE VEDOVELLI DIRECTOR START 5/24 1.00 X 0 0 0 ZHAOFU WANG DIRECTOR START 5/24 1.00 X 0 0 0 TRICIA CANAVAN DIRECTOR 1.00 X 0 0 0 RICHARD SULLIVAN PRESIDENT/CEO OF EDC 37.50 X 410813 0 37822 ANNE DEWOLF FINANCE DIRECTOR/EDC 37.50 X 88675 0 6651 XIOMARA DELOBATO VP/EDC 37.50 X 116396 0 16124 DIANA SZYNAL PRESIDENT/SPFLD CHAMBER 37.50 X 129988 0 9749 ANDRZEJ WIDOR AIRPORT MGR/WMDC 37.50 X 177372 0 39993 ANNE KANDILIS INITIATIVE DIR/SPFLD WORKS 37.50 X 171238 0 26805 MARY KAY WYDRA PRESIDENT/C&VC 37.50 X 168702 0 20047 STEPHEN CARY EXECUTIVE DIRECTOR/FOCUS SPRINGFIELD 37.50 X 118700 0 8903 1381884 0 166094 9 0 1 0 0 956249 14000 970249 CONTRACT SERVICE REV. 561499 2995534 2995534 MEMBERSHIP DUES 561499 670165 670165 PAYROLL PROCESSING 561499 98233 98233 OTHER EVENTS 561499 6000 6000 3769932 9079 9079 194406 194406 0 0 OTHER INCOME 900099 2050 2050 2050 4751310 3671699 0 109362 396886 543960 2681243 190895 205758 268752 10500 71537 18798 24189 19224 1582 6880 WORKING CITIES PROGRAM 224364 BAD DEBT EXPENSE 30815 OTHER 14000 MAINTENANCE 5518 3949 4718850 391057 111219 698195 712827 33895 75735 103984 187483 4639 20093 82209 78842 3618 3367 456213 689451 1691601 1800175 150904 168606 423011 269976 598841 810288 1172756 1248870 X 518845 551305 518845 551305 1691601 1800175 32460 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 670165 20000 20000 25332 -5332 9847 9847 0 61862 58495 3367 10500 10500 0 3367 ROU ASSET, NET 475270 DUE FROM EDC413 214181 689451 ACCRUED PENSION PAYABLE 337073 LEASE LIABILITY 473215 810288 X 4945716 194406 194406 4751310 0 4751310 4913256 194406 194406 4718850 0 4718850 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, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE RENTAL EXPENSES NETTED AGAINST INCOME 194,406. PART XII, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE RENTAL EXPENSES NETTED AGAINST INCOME 194,406. 1 CLEAN CROP TECHNOLOGIES INC 410 DWIGHT ST HOLYOKE MA 01040 845126187 FOR PROFIT 371886 0 SUPPORT FOOD SAFETY PROGRAM OF LOCAL BUSINESS 1 PART I, LINE 2: THE ECONOMIC DEVELOPMENT COUNCIL (EDC) MONITORED THIS GRANT IN CONJUNCTION WITH THE MASSACHUSETTS TECHNOLOGY COLLABERATIVE (MTC). THE GRANTEE HAD TO SUBMIT SUPPLY INVOICES WHICH HAD TO BE APPROVED BY THE MTC FOR IT TO BE REIMBURSED OUT OF GRANT FUNDS. X X X 0 0 0 RICHARD SULLIVAN PRESIDENT/CEO OF EDC 335813 0 75000 0 0 0 29222 0 8600 0 448635 0 0 0 ANDRZEJ WIDOR AIRPORT MGR/WMDC 159872 0 17500 0 0 0 13663 0 26330 0 217365 0 0 0 ANNE KANDILIS INITIATIVE DIR/SPFLD WORKS 150238 0 21000 0 0 0 11343 0 15462 0 198043 0 0 0 MARY KAY WYDRA PRESIDENT/C&VC 153927 0 14775 0 0 0 12653 0 7394 0 188749 0 0 0 RICHARD SWIFT BOD RICHARD SWIFT IS CEO OF HEALTH NEW ENGLAND (HNE) & IS AN EDC BOARD MEMBER 203864 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 4 THE ORGANIZATION AMENDED ITS BYLAWS TO REVISE THE AMOUNT NEEDED FOR A QUORUM OF MEMBERS. IT ALSO CHANGED THE DIRECTORS TO HAVE TWO DIFFERENT CLASSES. EACH CLASS SERVES A DIFFERENT TERM. 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 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 EDC413 WORKS INC D 214181 RECEIVABLE BASED ON EXP PAID EDC413 WORKS INC L 148276 REIMBURSED EDC FOR EX DIR WAGES