Public Charity

Wentworth Economic Development Corp

Based in Wolfeboro, NH, Wentworth Economic Development Corp operates as a Public Charity. The organization reported $270K in revenue, $195K in expenses, $2.2M in total assets for fiscal year 2024. Imperigo tracks 21 reported grant relationships connected to this organization totaling approximately $684K.

EIN: 020474842 Wolfeboro, NH Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$270K
Total Expenses$195K
Total Assets$2.2M
Grant Records21
Funding Total$684K
Filing Years2019–2024

Mission

FOUNDED FOR THE SOLE PURPOSE OF PROMOTING ECONOMIC GROWTH IN THE EASTERN LAKES REGION

Where $100 goes at Wentworth Economic Development Corp

How Wentworth Economic Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$19 Management running the organization
$1 Fundraising raising the next dollar

Inside the $80 for programs

$40
Wedco is a 501(c) 3 operating in southern carroll and northern strafford counties with a stated mission to advise, finance and promote the small business economy in the…
50% of program spending
$40
We also work with community partners to help low to moderate income individuals acieve their goals through technical assistance programs designed to build more business educated entrepreneurs
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2023
MICROENTERPRISE TECHNICAL ASSISTANCE
$65,904
2023
For grant recipient's exempt purposes
$47,000
2023
For a playground, upgrade loan app process to electronic
$17,500

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

vice president Bruce Woodruff
president Daniel Osetek
secretary Debra Golder
director Jami Bourdeau
treasurer John Libby
executive director John Terrill Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$518,180 12 grants
Unspecified
$165,521 9 grants

Financial Trends

Year Revenue Expenses Assets
2024 $270K $195K $2.2M
2023 $582K $659K $1.9M
2022 $256K $265K $1.6M
2020 $299K $241K $1.4M
2019 $212K $249K $1.6M

Between 2019 and 2024, reported annual revenue grew from $212K to $270K (+27%), with total assets most recently reported at $2.2M.

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

See the full picture for Wentworth Economic Development Corp

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