Public Charity

SHELTON ECONOMIC DEVELOPMENT CORPORATION

Based in SHELTON, CT, SHELTON ECONOMIC DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $379K in revenue, $389K in expenses, $223K in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $35K.

EIN: 061092685 SHELTON, CT Latest filing: 2024
Total Revenue$379K
Total Expenses$389K
Total Assets$223K
Grant Records3
Funding Total$35K
Filing Years2020–2024

Mission

ADVANCE THE ECONOMIC DEVELOPMENT AND PUBLIC WELFARE OF THE CITY OF SHELTON BY INCREASING EMPLOYMENT OPPORTUNITIES AND EXPANDING BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE AREA.

Officers & Directors

TREASURER Alberto Martins
SECRETARY Fred Ruggio
VICE CHAIR Michelle Kawalautzki
VICE CHAIR Patrick Carey
PRESIDENT Paul Grimmer
BOARD CHAIR William Partington

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO PROVIDE GENERAL OPERATING SUPPORT.
$30,000 2 grants
NAUGATUCK VALLEY CEDS 2021
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $379K $389K $223K
2023 $410K $414K $302K
2022 $513K $534K $314K
2021 $560K $591K $225K
2020 $422K $410K $226K

Between 2020 and 2024, reported annual revenue declined from $422K to $379K (-10%), with total assets most recently reported at $223K.

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

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