Public Charity

NORTH CENTRAL MASSACHUSETTS DEVELOPMENT CORPORATION

NORTH CENTRAL MASSACHUSETTS DEVELOPMENT CORPORATION is a Public Charity headquartered in FITCHBURG, MA. Financial data from the 2025 filing: $676K revenue, $681K expenses, $6.6M total assets. 4 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.

EIN: 042966372 FITCHBURG, MA Latest filing: 2025
Total Revenue$676K
Total Expenses$681K
Total Assets$6.6M
Grant Records4
Funding Total$25K
Filing Years2021–2025

Mission

TO EXPAND ECONOMIC DEVELOPMENT IN NORTH CENTRAL MASSACHUSETTS BY PROVIDING A VARIETY OF MARKETING AND LENDING OPPORTUNITIES TO SMALL BUSINESSES IN COOPERATION WITH VARIOUS FEDERAL AND STATE AGENCIES.

Officers & Directors

DIRECTOR Anthony Mercadante
DIRECTOR Christina Dirusso
VICE CHAIR David Duval
DIRECTOR Jay Champion
DIRECTOR Karen Thorne
DIRECTOR Mark Freeman

Officer compensation and complete director data available with membership.

Top Grant Purposes

Advance economic development
$10,000 1 grant
CHARITABLE CONTRIBUTIONS
$10,000 2 grants
PROGRAM SUPPORT
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $676K $681K $6.6M
2024 $1.2M $1.1M $6.8M
2023 $1.6M $1.2M $6.9M
2022 $2.4M $1.3M $7.1M
2021 $3.6M $2.6M $6.2M

Between 2021 and 2025, reported annual revenue declined from $3.6M to $676K (-81%), with total assets most recently reported at $6.6M.

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

See the full picture for NORTH CENTRAL MASSACHUSETTS DEVELOPMENT CORPORATION

Complete financials, all 4 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time