WORCESTER BUSINESS DEVELOPMENT CORP, of WORCESTER, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.0M in revenue, $1.7M in expenses, $18.9M in total assets. IRS filings disclose 9 grants awarded by this foundation, totaling roughly $178K.
THE WORCESTER BUSINESS DEVELOPMENT CORPORATION (WBDC) IS A PRIVATE, NON- PROFIT BUSINESS ORGANIZATION WITH A PUBLIC PURPOSE MISSION 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 BASE EXPANSION.
Showing up to 5 of 9 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.0M | $1.7M | $18.9M |
| 2023 | $1.8M | $1.8M | $18.0M |
| 2022 | $1.9M | $1.7M | $17.2M |
| 2021 | $2.0M | $2.9M | $18.4M |
| 2020 | $1.2M | $2.1M | $17.9M |
Between 2020 and 2024, reported annual revenue grew from $1.2M to $2.0M (+72%), with total assets most recently reported at $18.9M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in MA.
Full geographic grant map with state-by-state breakdown available with membership.
