Public Charity

NEW GARDEN PARK INC

NEW GARDEN PARK INC is a Public Charity headquartered in WORCESTER, MA. Financial data from the 2024 filing: $8.0M revenue, $6.5M expenses, $48.7M total assets. 1 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.

EIN: 201727883 WORCESTER, MA Latest filing: 2024
Total Revenue$8.0M
Total Expenses$6.5M
Total Assets$48.7M
Grant Records1
Funding Total$25K
Filing Years2020–2024

Mission

TO CARRY OUT AND OPERATE FOR THE BENEFIT OF THE CHARITABLE PURPOSE OF THE WORCESTER BUSINESS DEVELOPMENT CORPORATION (WBDC) AND LESSEN THE BURDENS OF GOVERNMENT BY COMBATING COMMUNITY DETERIORATION AND ENABLING ECONOMIC DEVELOPMENT BY PROVIDING INFRASTRUCTURE IN DISTRESSED AREAS THROUGH THE ACQUISTION, HOLDING, OWNING, MAINTENANCE, IMPROVEMENT, LEASE, FINANCE, REFINANCE, SELLING, EXCHANGE OR OTHER DISPOSITION OF ALL OR PART OF ITS PROPERTIES.

Sample Grants Received

2024
KICKSTART GRANTS
$25,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

PRESIDENT & Craig L Blais
DIRECTOR Emmanuel Larbi
INTERIM TREA Karen Duffy
VICE CHAIR Katherine Badgis
DIRECTOR Richard Mazzocchi
CHAIR Robert Hennigan

Officer compensation and complete director data available with membership.

Top Grant Purposes

KICKSTART GRANTS
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8.0M $6.5M $48.7M
2023 $1.7M $1.2M $42.2M
2022 $1.4M $870K $37.0M
2021 $21.0M $2.6M $35.9M
2020 $8.2M $4.4M $32.4M

Between 2020 and 2024, reported annual revenue declined from $8.2M to $8.0M (-3%), with total assets most recently reported at $48.7M.

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

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