Economic Development Corporation of New
The Organization's mission is to create a vibrant business environment in New Haven, Connecticut and to serve as a catalyst for attracting human and capital investment to the city and its neighborhoods by retaining and attracting businesses and fostering a positive economic climate.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$986K
-1.8% YoY
Revenue
$454K
-32.1% YoY
Net Investment Income
$16
-42.9% YoY
Expenses
$506K
-11.4% YoY
About Economic Development Corporation of New
Based on IRS filings
Economic Development Corporation of New is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW HAVEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $986K in total assets. Net investment income was $16.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $986,022 | $1,003,721 | $1,069,144 |
| Revenue | $453,860 | $668,117 | $1,745,231 |
| Expenses | $505,577 | $570,865 | $1,704,050 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16 | $28 | $58 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Virginia Kozlowski | Chief Executive Officer | 20 | — |
| Shelly Saczynski | Chairperson | 1 | — |
| Laura Brown | Treasurer | 1 | — |
| Mayor Justin Elicker | Member | 1 | — |
| Michael Piscitelli | Administrator | 1 | $127,844 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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