Public Charity

BRIGHTWOOD DEVELOPMENT CORPORATION

BRIGHTWOOD DEVELOPMENT CORPORATION, of SPRINGFIELD, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $327K in revenue, $396K in expenses, $1.8M in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $27K.

EIN: 042622178 SPRINGFIELD, MA Latest filing: 2024
Total Revenue$327K
Total Expenses$396K
Total Assets$1.8M
Grants Given1
Grant Total$27K
Filing Years2019–2024

Mission

TO PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT IN THE SPRINGFIELD, MA AREA AND MAYAGUEZ PUERTO RICO THROUGH ON-GOING ASSISTANCE AND SUPPORT IN THE AREAS OF JOB PLACEMENT, NEW AND EXISTING BUSINESS DEVELOPMENT, ENTREPRENEURIAL ACTIVITIES, AND HOUSING.

Sample Grants Given

springfield, MA · 2022
housing development
$26,627

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Treasurer Cecilio Rivera
Clerk Daniel Knapik
Chairman Heriberto Flores
Director Sueleiza K Acevedo

Officer compensation and complete director data available with membership.

Top Grant Purposes

housing development
$26,627 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $327K $396K $1.8M
2023 $327K $391K $1.9M
2022 $344K $400K $1.9M
2020 $545K $656K $3.0M
2019 $529K $691K $3.5M

Between 2019 and 2024, reported annual revenue declined from $529K to $327K (-38%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA.

MA

Full geographic grant map with state-by-state breakdown available with membership.

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