Connecticut · Nonprofit
Economic Development Corporation of New Haven
Economic Development Corporation of New Haven (Connecticut) receives grants from 8 organizations whose IRS filings report $513,600 to it, the largest being IKEA US Community Foundation ($450,000). 1 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $454k
- Funders on record
- 8
- Grants received
- $514k
- Net assets
- $285k
What Economic Development Corporation of New Haven does
Mission
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.
As stated on its FY2024 Form 990.
Program
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.
$379,382 spent$214,260 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $379,382.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $741k to $2.4M (+222%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 37% · 2018 83% · 2019 74% · 2020 41% · 2021 69% · 2022 66% · 2023 15%. Grants only. Government contracts and fees sit inside program revenue.
53% of Economic Development Corporation of New Haven’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Virginia Kozlowski
Chief Executive Officer
Board chair
Shelly Saczynski
Chairperson
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2022: the base narrowed from 2 funders to 1 funder, grant income fell $15k → $100.
3 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 92% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Economic Development Corporation of New Haven’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Economic Development Corporation of New Haven leans on a few funders — its largest provides 88% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Economic Development Corporation of New Haven.
Largest funder’s share by year: 2019 67% · 2020 100% · 2021 93% · 2022 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
0% of Economic Development Corporation of New Haven's funders are still giving 1 year after their first grant; 13% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2022, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
92% of Economic Development Corporation of New Haven's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $43k that is directly attributable, 65% of it comes from Connecticut funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $471k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Economic Development Corporation of New Haven holds deeper cash reserves than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like Economic Development Corporation of New Haven
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- South Central CT Regional Economic Development Corp REX Development · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Economic Development Corporation of New Haven: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Economic Development Corporation of New Haven?
- Economic Development Corporation of New Haven (Connecticut) receives grants from 8 organizations whose IRS filings report $513,600 to it, the largest being IKEA US Community Foundation ($450,000). 1 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Economic Development Corporation of New Haven have?
- IRS filings report 8 organizations giving $513,600 in grants to Economic Development Corporation of New Haven, 1 of which have funded it in more than one year.
- Who is the largest funder of Economic Development Corporation of New Haven?
- IKEA US Community Foundation is the largest funder on record, with $450,000 in grants. The full list of funders is on this page.
- How can an organization like Economic Development Corporation of New Haven find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing