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Nonprofit · EIN 04-2553520

WESTOVER METROPOLITAN DEVELOPMENT CORP

Tax-exempt · CHICOPEE, MA 01022

Financials

$2.7M$2.5M2023$2.7M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of WESTOVER METROPOLITAN DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,719,237$2,531,074$188,163$19,141,560$3,346,779$15,794,781
December 31, 2023990$2,702,056$2,520,522$181,534$19,033,308$3,426,690$15,606,618
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$373,349
of which government grants
$373,349
Program service revenue
$1,953,018
Investment income
$75,394
Net gain from sales of assets
$12,380
Net income from sales of inventory
$317,476
Other revenue
$317,476

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$12,750
Accounting fees
$15,600
Occupancy
$135,792
Travel
$27,688
Depreciation
$760,831
Program services (functional)
$2,357,512
Management and general (functional)
$173,562

Balance sheet and other

Total assets, start of year
$19,033,308
Total assets, end of year
$19,141,560
Total liabilities, end of year
$3,346,779
Net assets, end of year
$15,794,781
Land, buildings and equipment
$15,007,578
Net assets without donor restrictions
$11,885,838
Net assets with donor restrictions
$3,908,943
Gross receipts
$3,377,948
Employees
0
Volunteers
9
Year formed
1974
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Andy WidorCEO
Officer
0$0$174,996
John J Liberia JrChairman
Trustee or director, Officer
2$0$0
Luke KettlesTreasurer
Trustee or director, Officer
3$0$0
Patrick EganDirector
Trustee or director
0.5$0$0
Jim HoseyDirector
Trustee or director
0.5$0$0
Marie LaflammeDirector
Trustee or director
0.5$0$0
Ed CzepielDirector
Trustee or director
1$0$0
Kim DowningVice Chair
Trustee or director, Officer
0.5$0$0
Bud ShubackSecretary
Trustee or director, Officer
0.5$0$0
Derek DebargeDirector
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Michael Bolton Left Aug 2023CEO
Officer
40$142,696
Andy WidorCEO
Officer
40$130,432
John J Liberia JrChairman
Trustee or director, Officer
2$0
Luke KettlesTreasurer
Trustee or director, Officer
3$0
Patrick EganDirector
Trustee or director
0.5$0
Jim HoseyDirector
Trustee or director
0.5$0
Marie LaflammeDirector
Trustee or director
0.5$0
Ed CzepielDirector
Trustee or director
1$0
Kim DowningVice Chair
Trustee or director
0.5$0
Bud ShubackSecretary
Trustee or director, Officer
0.5$0
Derek DebargeDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
255 PADGETTE STREET, CHICOPEE, MA 01022-1303
Principal officer (990 for 2024)
Andy Widor, 255 Padgette Street, Chicopee, MA 01022
Signed the 990
Andy Widor, CEO
Phone
(413) 593-6421
Return prepared by
DOWNEY PIECIAK FITZGERALD & CO PC

Mission

Aid private enterprise in the conversion and redevelopment of lands formerly used at Westover Air Force Base to nonmilitary use in order to reduce unemployment and economic blight.

990 for the year ended December 31, 2024

Program accomplishments

  • Operations and improvements of a municipal airport to enhance the economy of the local community.
    Expenses $2,209,206 · revenue $1,960,894
  • Industrial park land sales, rentals, and development activities to expand economic opportunity in the community.
    Expenses $148,306 · revenue $321,983

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2553520
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,141,560
Income (IRS master file)
$3,377,948

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,719,237$2,531,074$19,141,560XML
990December 2023$2,702,056$2,520,522$19,033,308XML
990December 2022$2,539,078$2,717,530$19,443,410IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2553520).

Questions about WESTOVER METROPOLITAN DEVELOPMENT CORP

What is the EIN of WESTOVER METROPOLITAN DEVELOPMENT CORP?
The employer identification number (EIN) of WESTOVER METROPOLITAN DEVELOPMENT CORP is 04-2553520.
Is WESTOVER METROPOLITAN DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1976.
Are donations to WESTOVER METROPOLITAN DEVELOPMENT CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WESTOVER METROPOLITAN DEVELOPMENT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WESTOVER METROPOLITAN DEVELOPMENT CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WESTOVER METROPOLITAN DEVELOPMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WESTOVER METROPOLITAN DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 names Andy Widor.
Who are the officers and directors of WESTOVER METROPOLITAN DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does WESTOVER METROPOLITAN DEVELOPMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,719,237, expenses of $2,531,074 and total assets of $19,141,560 at year end.

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