Nonprofit · EIN 20-1727883
NEW GARDEN PARK INC
Tax-exempt · WORCESTER, MA 01604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $16,885,711 | $10,401,696 | $6,484,015 | $53,568,515 | $19,380,830 | $34,187,685 |
| December 31, 2024 | 990 | $7,990,383 | $6,489,795 | $1,500,588 | $48,673,301 | $20,990,009 | $27,683,292 |
| December 31, 2023 | 990 | $1,650,371 | $1,182,409 | $467,962 | $42,233,185 | $16,052,666 | $26,180,519 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $12,694,288
- of which government grants
- $4,469,288
- Program service revenue
- $3,266,533
- Investment income
- $832,489
- Net rental income
- $92,401
- Other revenue
- $92,401
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,419
- Accounting fees
- $12,356
- Program services (functional)
- $10,391,056
- Management and general (functional)
- $10,640
Balance sheet and other
- Total assets, start of year
- $48,673,301
- Total assets, end of year
- $53,568,515
- Total liabilities, end of year
- $19,380,830
- Net assets, end of year
- $34,187,685
- Net assets without donor restrictions
- $34,187,685
- Gross receipts
- $17,263,066
- Employees
- 0
- Year formed
- 2004
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG L BLAIS | PRESIDENT & Trustee or director, Officer | 20 | $0 |
| ROBERT HENNIGAN | CHAIR Trustee or director, Officer | 1 | $0 |
| KATHERINE BADGIS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MARIA HESKES-ALLARD | TREASURER Trustee or director, Officer | 1 | $0 |
| KAREN DUFFY | CLERK Trustee or director, Officer | 1 | $0 |
| RICHARD MAZZOCCHI | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL LARBI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG L BLAIS | PRESIDENT & Trustee or director, Officer | 20 | $0 |
| ROBERT HENNIGAN | CHAIR Trustee or director, Officer | 1 | $0 |
| KATHERINE BADGIS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| KAREN DUFFY | INTERIM TREA Trustee or director, Officer | 1 | $0 |
| RICHARD MAZZOCCHI | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL LARBI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG L BLAIS | PRESIDENT & Trustee or director, Officer | 20 | $0 |
| ROBERT HENNIGAN | CHAIR Trustee or director, Officer | 1 | $0 |
| KATHERINE BADGIS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| TROY SIEBELS | TREASURER Trustee or director, Officer | 1 | $0 |
| KAREN DUFFY | CLERK Trustee or director, Officer | 1 | $0 |
| ALICIA O'CONNELL-RODGERS | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL LARBI | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 89 SHREWSBURY STREET, WORCESTER, MA 01604-4655
- Principal officer (990 for 2025)
- CRAIG L BLAIS, 89 SHREWSBURY STREET, WORCESTER, MA 01604
- Signed the 990
- CRAIG L BLAIS, PRESIDENT & CEO
- Phone
- (508) 755-5734
- Return prepared by
- WADOVICK & COMPANY
Mission
TO CARRY OUT AND OPERATE FOR THE BENEFIT OF THE CHARITABLE PURPOSE OF THE WORCESTER BUSINESS DEVELOPMENT CORPORATION (WBDC) AND LESSEN THE BURDENS OF GOVERNMENT BY COMBATING COMMUNITY DETERIORATION AND ENABLING ECONOMIC DEVELOPMENT BY PROVIDING INFRASTRUCTURE IN DISTRESSED AREAS THROUGH THE ACQUISTION, HOLDING, OWNING, MAINTENANCE, IMPROVEMENT, LEASE, FINANCE, REFINANCE, SELLING, EXCHANGE OR OTHER DISPOSITION OF ALL OR PART OF ITS PROPERTIES.
Program accomplishments
- TO LESSEN THE BURDENS OF GOVERNMENT BY COMBATING COMMUNITY DETERIORATION AND ENABLING ECONOMIC DEVELOPMENT BY PROVIDING INFRASTRUCTURE IN DISTRESSED AREAS.Expenses $10,391,056 · revenue $3,266,533
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1727883
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $53,568,515
- Income (IRS master file)
- $17,263,066
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $16,885,711 | $10,401,696 | $53,568,515 | XML |
| 990 | December 2024 | $7,990,383 | $6,489,795 | $48,673,301 | XML |
| 990 | December 2023 | $1,650,371 | $1,182,409 | $42,233,185 | XML |
| 990 | December 2022 | $1,415,061 | $869,996 | $37,046,113 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 20-1727883).
Questions about NEW GARDEN PARK INC
- What is the EIN of NEW GARDEN PARK INC?
- The employer identification number (EIN) of NEW GARDEN PARK INC is 20-1727883.
- Is NEW GARDEN PARK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to NEW GARDEN PARK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW GARDEN PARK INC 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 NEW GARDEN PARK INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW GARDEN PARK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW GARDEN PARK INC?
- The 990 for the year ended December 31, 2025 names CRAIG L BLAIS.
- Who are the officers and directors of NEW GARDEN PARK INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does NEW GARDEN PARK INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $16,885,711, expenses of $10,401,696 and total assets of $53,568,515 at year end.
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