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 2024.
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
Frequently Asked Questions
What is Economic Development Corporation of New?
Economic Development Corporation of New is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW HAVEN, CT. It holds $986K in total assets as of 2024.
How large is Economic Development Corporation of New?
As of 2024, Economic Development Corporation of New holds $986K in total assets with $454K in annual revenue.
Where does Economic Development Corporation of New operate?
Economic Development Corporation of New has awarded grants in Connecticut.
What is Economic Development Corporation of New's EIN?
Economic Development Corporation of New's EIN (Employer Identification Number) is 26-1854785. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Economic Development Corporation of New's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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