2024-11-13T15:01:26-06:00 2023-12-31 061281956 Michael J Paolini CPA 174 Cherry Street Milford CT 06460 990 2023-01-01 261854785 Economic Development Corporation of New Haven ECON 2037851000 PO Box 1576 New Haven CT 06506 Virginia Kozlowski President 2037851000 2024-11-13 1 0 P00907074 2038760445 X 2023 2024-10-15 13:58:12Z Virginia Kozlowski PO Box 1576 New Haven CT 06506 668117 0 X www.rexdevelopment.org X 2008 CT 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. 6 6 4 0 0 0 1351756 449567 393417 218522 58 28 0 0 1745231 668117 819711 64050 0 0 520860 384541 0 0 0 363479 122274 1704050 570865 41181 97252 1069144 1003721 829482 666807 239662 336914 X 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. 0 0 451982 64050 218550 The Organization works to attract new and maintain current businesses in the city of New Haven, Connecticut including a medical district, housings project, small business initiatives, support of a bioscience initiative, redevelopment of the Coliseum site along with other projects. 451982 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 4 0 4 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Virginia Kozlowski 2037851000 PO Box 1576 New Haven CT 06506 Virginia Kozlowski Chief Executive Officer 20.00 X X 127846 0 0 Shelly Saczynski Chairperson 1.00 X X 0 0 0 Laura Brown Treasurer 1.00 X X 0 0 0 Mayor Justin Elicker Member 1.00 X 0 0 0 Michael Piscitelli Administrator 1.00 X 0 0 0 127846 0 0 1 0 0 0 0 99000 350567 449567 Economic Development S 541610 218522 218522 218522 28 28 668117 218550 0 0 64050 64050 332047 249035 83012 22589 16942 5647 29905 22429 7476 20800 15600 5200 12721 12641 80 18872 18872 4734 3551 1183 9893 7420 2473 19588 14691 4897 8694 6521 2173 955 716 239 9107 6831 2276 Utilities 5443 4082 1361 Repairs and Maintenance 5235 3926 1309 Telephone 3350 2513 837 Dues and Subscriptions 1649 1237 412 1233 925 308 570865 451982 118883 0 644155 824824 216041 126764 202928 46632 2745 3181 4779 2459 3275 2320 1069144 1003721 61574 29337 767908 637470 829482 666807 X 239662 336914 239662 336914 1069144 1003721 97252 0 X 0 1 X 0 0 X 2123541 2426848 2157548 1351756 449567 8509260 621179 643201 393417 218522 1876319 2123541 3048027 2800749 1745173 668089 10385579 0 0 0 10385579 111 76 51 58 28 324 111 76 51 58 28 324 8085 215072 223157 2131737 3263175 2800800 1745231 668117 10609060 0.97890 0.98070 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4779 2459 2320 2320 X Part X, Line 2: The Organization is a not-for-profit corporation exempt from federal income taxes under Section 501(c) (3) of the Internal Revenue Code. On January 1, 2009, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely than not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in material adverse effects on the Organization's financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions as of December 31, 2023. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2016. The Organization's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively. 1 District Arts and Education Inc 470 James Street New Haven CT 06513 50000 0 To serve as a catalyst for attracting human and capital investment to the city and its neighborhoods. Virginia Kozlowski This individual is also the Executive Director of South Central Connecticut 218522 The two Organizations share office space, website expenses and management. 0 Form 990, Part VI, Section B, line 11b The Board reviews the Form 990 before it is filed. Form 990, Part VI, Section B, line 12c All board members are required to disclose in writing all conflicts that exist at the beginning of each fiscal year. Form 990, Part VI, Section B, line 15 All employees compensation is reviewed annually by the Board and any payroll increases are documented using current data. Form 990, Part VI, Section C, line 19 All applicable documents will be available upon request. South Central CT Regional Economic Development Corp REX Development 28 Orange Street New Haven CT 06510 061455545 To Promote Economic Development in the South Central Region of Connecticut. CT 501(c)(4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 South Central CT Region Economic Development Corp REX Development N 34833 FMV South Central CT Region Economic Development Corp REX Development O 183689 FMV