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Massachusetts · Nonprofit

ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC

ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $175,000 to it, the largest being NATIONAL FUND FOR WORKFORCE SOLUTIONS ($170,000). 1 of them have funded it in more than one year.

Revenue FY2024
$4.8M
Funders on record
2
Grants received
$175k
Net assets
$551k
1/2 repeat funderspeak grant-dependency 3%
01What it does

What Economic Development Council of Western Massachusetts Inc does

Mission

To stimulate and facilitate a vigorous regional economy, encouraging and sustaining capital investment and quality job growth.

As stated on its FY2024 Form 990.

Programs

  1. Coordinated economic development activities with other business development groups by providing staffing and other support services

  2. Supported regional economic development by researching local business needs, providing resources to businesses operating in or entering the region, and by promoting local tourism.

  3. Springfield works initiative is a catalytic, collective impact initiative of partners supported by the economic development council. Each partner of this initiative has committed human and financial resources to govern and drive strategies to build economic prosperity to the area through workforce development. The goal is to figure out ways to align area-job seekers with employers and to help employers retain newly hired workers by setting up employee mentoring programs.

The 3 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

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.

100 = 20172017 Revenue 100 ($4.2M) Expenses 100 ($4.2M) Net assets 100 ($155k)2018 Revenue 98 ($4.1M) Expenses 98 ($4.1M) Net assets 122 ($190k)2019 Revenue 117 ($4.9M) Expenses 116 ($4.9M) Net assets 154 ($239k)2020 Revenue 100 ($4.2M) Expenses 101 ($4.2M) Net assets 158 ($246k)2021 Revenue 120 ($5.0M) Expenses 117 ($4.9M) Net assets 233 ($362k)2022 Revenue 138 ($5.8M) Expenses 135 ($5.7M) Net assets 335 ($520k)2023 Revenue 99 ($4.2M) Expenses 100 ($4.2M) Net assets 334 ($519k)2024 Revenue 113 ($4.8M) Expenses 112 ($4.7M) Net assets 355 ($551k)
'17'18'19'20'21'22'23'24
Revenue (113)Expenses (112)Net assets (355)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.2M to $1.9M (+53%).

$1.0M
$1.0M
$1.3M
$947k
$1.2M
$1.9M
$1.7M
$1.8M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 12% · 2018 8% · 2019 11% · 2020 12% · 2021 24% · 2022 19% · 2023 10% · 2024 20%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$9k
’17
$34k
’18
$49k
’19
$7k
’20
$116k
’21
$158k
’22
−$2k
’23
$32k
’24
2.1
months of
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.

Board chair

Christina Royal

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed5653525246484454
Joined·+6+16+14+13+10+8+16
No longer listed·91714198126
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $5k → $125k.

Funder
'18
'22
'23
total
funders
1
1
1

Left out of every figure on this page: $150k from 2 payers (the payer shares this organization's board, largest Baystate Medical Center Inc). These are real filings, and they are not money ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC raised.

From the IRS filings of ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC’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 COUNCIL OF WESTERN MASSACHUSETTS INC leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 COUNCIL OF WESTERN MASSACHUSETTS INC.

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2022 100% · 2023 100% — broadly stable.

“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.

Where its funders are

ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC draws 100% of its grant income from funders outside Massachusetts, across 2 states in all.

NH
DC

In-state vs out-of-state, by year

’18
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Organizations like ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC

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 Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

41
board members
98%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Edc 413works · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC: 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.

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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 COUNCIL OF WESTERN MASSACHUSETTS INC?
ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $175,000 to it, the largest being NATIONAL FUND FOR WORKFORCE SOLUTIONS ($170,000). 1 of them have funded it in more than one year.
How many funders does ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC have?
IRS filings report 2 organizations giving $175,000 in grants to ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC, 1 of which have funded it in more than one year.
Who is the largest funder of ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC?
NATIONAL FUND FOR WORKFORCE SOLUTIONS is the largest funder on record, with $170,000 in grants. The full list of funders is on this page.
How can an organization like ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 2 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