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EIN 04-2553520

Westover Metropolitan Development Corp

IRS 501(c) type
501(c)(4)
Num. employees
0
City
Chicopee
State
Massachusetts
Year formed
1974
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
Westover Metropolitan Development Corporation aids private enterprise by converting and redeveloping lands formerly used at Westover Air Force Base. Its mission is to reduce unemployment and economic blight in the community. The corporation engages in industrial park land sales, rentals, and development activities to expand economic opportunities. It also operates and improves a municipal airport to enhance the local economy. The corporation is located in Chicopee, MA.
Total revenues
$2,702,056
2023
Total expenses
$2,520,522
2023
Total assets
$19,033,308
2023
Num. employees
0
2023

Program areas at Westover Metropolitan Development Corp

Operations and improvements of a municipal airport to enhance the economy of the local community.
Industrial park land sales, rentals, and development activities to expand economic opportunity in the community.

Financials for Westover Metropolitan Development Corp

RevenuesFYE 12/2023
Total grants, contributions, etc.$646,147
Program services$1,640,898
Investment income and dividends$41,520
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$38,411
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$335,080
Miscellaneous revenues$0
Total revenues$2,702,056
Data update history
December 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
April 6, 2024
Used new vendors
Identified 1 new vendor, including
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Updated personnel
Identified 3 new personnel
December 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingManagement and technical assistanceNo full-time employees
General information
Address
255 Padgette St
Chicopee, MA 01022
Metro area
Springfield, MA
County
Hampden County, MA
Website URL
westovermetropolitandevelopmentcorporation.com/ 
Phone
(413) 593-6421
IRS details
EIN
04-2553520
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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