Nonprofit · EIN 04-3822794
TORRINGTON DEVELOPMENT CORPORATION
Tax-exempt · TORRINGTON, CT 06790
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $87,812 | $119,747 | -$31,935 | $60,519 | $0 | $60,519 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $89,383
- Program service revenue
- $0
- Investment income
- $37
- Net income from fundraising events
- -$1,608
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $93,009
- Occupancy
- $918
- Printing, publications and postage
- $675
- Other expenses
- $25,145
- Program services (functional)
- $116,067
Balance sheet and other
- Total assets, start of year
- $92,454
- Total assets, end of year
- $60,519
- Total liabilities, end of year
- $0
- Net assets, end of year
- $60,519
- Cash, savings and investments
- $60,519
- Gross receipts
- $89,645
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gregory Perosino | President | 1 | $0 |
| Justin Giampaolo | Vice President | 1 | $0 |
| Lesa Vanotti | Treasurer | 2 | $0 |
| Christina Emery | Secretary | 2 | $0 |
| Elinor Carbone | Director | 1 | $0 |
| William Wallach | Director | 1 | $0 |
| Maria Gonzalez | Director | 1 | $0 |
| Anne Ruwet | Director | 1 | $0 |
| Alan Borghesi | Director | 1 | $0 |
| Brian Mattiello | Director | 1 | $0 |
| Stephanie Fried | Director | 1 | $0 |
| Jenna Reichen | Director | 1 | $0 |
| Kristy Bartos | Director | 1 | $0 |
| Travis Lipinski | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 140 MAIN ST, TORRINGTON, CT 06790-5201
- In care of
- % DARRIN J NEWBURY TREASURER
- Mailing address (990-N for 2023)
- 140 Main St, Torrington CT 06790
- Principal officer (990-N for 2023)
- Lesa Vanotti, 129 Main St, Torrington CT 06790
- Signed the 990-EZ
- Lesa Vanotti, Treasurer
- Phone
- (860) 496-4429
Mission
Plan, lead, direct and coordinate comprehensive efforts to improve the City of Torrington's economic base, including the purchase, reclamation, renovation and development of property.
Program accomplishments
- Court appointed receiver for the property formerly known as the Yankee Pedlar Inn: Stabilize abandoned and blighted property, complete environmental contamination assessment and report actions and findings to court.Expenses $112,134 · grants $89,383
- Hosted two downtown Torrington CT street fairs promoting the Cultural District Committee: served 5,000 children with Halloween activities and welcomed attendees at film debut depiciting non-profit renovations by a national television program.Expenses $3,933
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-N on file |
IRS record
- EIN
- 04-3822794
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $60,519
- Income (IRS master file)
- $89,645
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | – | – | – | IRS |
| 990-N for 2023 Officer: Lesa Vanotti | June 30, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about TORRINGTON DEVELOPMENT CORPORATION
- What is the EIN of TORRINGTON DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of TORRINGTON DEVELOPMENT CORPORATION is 04-3822794.
- Is TORRINGTON DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2006.
- Are donations to TORRINGTON DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TORRINGTON DEVELOPMENT CORPORATION 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 TORRINGTON DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TORRINGTON DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of TORRINGTON DEVELOPMENT CORPORATION?
- The 990-N for 2023 names Lesa Vanotti.
- Who are the officers and directors of TORRINGTON DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does TORRINGTON DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $87,812, expenses of $119,747 and total assets of $60,519 at year end.
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All nonprofits in TORRINGTON · Connecticut · Community improvement and capacity building