Public Charity

Westover Metropolitan Development Corp

Westover Metropolitan Development Corp, of Chicopee, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.7M in revenue, $2.5M in expenses, $19.1M in total assets.

EIN: 042553520 Chicopee, MA Latest filing: 2024
Total Revenue$2.7M
Total Expenses$2.5M
Total Assets$19.1M
Grant Records0
Filing Years2019–2024

Mission

Aid private enterprise in the conversion and redevelopment of lands formerly used at Westover Air Force Base to nonmilitary use in order to reduce unemployment and economic blight.

Where $100 goes at Westover Metropolitan Development Corp

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

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$89
Operations and improvements of a municipal airport to enhance the economy of the local community
94% of program spending
$6
Industrial park land sales, rentals, and development activities to expand economic opportunity in the community
6% of program spending
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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.

Officers & Directors

CEO Andy Widor
Secretary Bud Shuback
Director Derek Debarge
Director Ed Czepiel
Director Jim Hosey
Chairman John J Liberia Jr

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $2.5M $19.1M
2023 $2.7M $2.5M $19.0M
2022 $2.5M $2.7M $19.4M
2020 $3.5M $2.2M $18.3M
2019 $3.0M $2.4M $16.3M

Between 2019 and 2024, reported annual revenue declined from $3.0M to $2.7M (-10%), with total assets most recently reported at $19.1M.

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

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