WORCESTER BUSINESS DEVELOPMENT CORPPub 78
Pub 78
AI Summary
The Worcester Business Development Corp (EIN: 04-2381829) is dedicated to urban development, serving as an innovative force in economic growth within Worcester and the surrounding region. With an operating budget of $1.7 million and total revenue of $2 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.thewbdc.com.
Mission Statement
TO SERVE AS AN INNOVATION AND LEADING FORCE IN THE ECONOMIC DEVELOPMENT OF THE CITY OF WORCESTER AND THE REGION, RESULTING IN JOB CREATION AND TAX BASED EXPANSION.
Cause Areas
1
Urban development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is WORCESTER BUSINESS DEVELOPMENT CORP’s budget?
In 2024, WORCESTER BUSINESS DEVELOPMENT CORP reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does WORCESTER BUSINESS DEVELOPMENT CORP support?
WORCESTER BUSINESS DEVELOPMENT CORP supports work in Urban development.
Where does WORCESTER BUSINESS DEVELOPMENT CORP operate?
WORCESTER BUSINESS DEVELOPMENT CORP is headquartered in Worcester, MA.
Who funded WORCESTER BUSINESS DEVELOPMENT CORP recently?
In 2020, WORCESTER BUSINESS DEVELOPMENT CORP received grants from PAWTUCKET RED SOXJAMES J SKEFFINGTON CHARITABLE FOUNDATION, PAWTUCKET RED SOXJAMES J SKEFFINGTON CHARITABLE FOUNDATION, and UNITED BANK FOUNDATION MASSACHUSETTS INC. More information on this organization’s funders is available to registered users.
What is the largest grant WORCESTER BUSINESS DEVELOPMENT CORP received in 2020?
The largest grant to WORCESTER BUSINESS DEVELOPMENT CORP in 2020 exceeds $1,250.