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Connecticut · Nonprofit

HAMDEN ECONOMIC DEVELOPMENT CORPORATION

HAMDEN ECONOMIC DEVELOPMENT CORPORATION (Connecticut) receives grants from 1 organization whose IRS filings report $95,000 to it, the largest being UNITED WAY OF GREATER NEW HAVEN INC ($95,000). 0 of them have funded it in more than one year.

Revenue FY2025
$3k
Funders on record
1
Grants received
$95k
Net assets
$502k
0/1 repeat funderspeak grant-dependency 6%
01What it does

What Hamden Economic Development Corporation does

Mission

To encourage economic growth and development throughout hamden and it's surrounding communities

As stated on its FY2025 Form 990.

Program

  1. The organization acquires, operates and conveys real property for the purpose of making improvements designed to enhance the economic productivity of the community and surrounding neighborhoods.

    $109,389 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $109,389.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.0M) Expenses 100 ($325k) Net assets 100 ($1.9M)2018 Revenue 45 ($883k) Expenses 149 ($485k) Net assets 121 ($2.3M)2019 Revenue 229 ($4.5M) Expenses 138 ($447k) Net assets 338 ($6.4M)2020 Revenue 102 ($2.0M) Expenses 146 ($476k) Net assets 419 ($7.9M)2021 Revenue 8 ($168k) Expenses 2178 ($7.1M) Net assets 52 ($984k)2022 Revenue 84 ($1.7M) Expenses 544 ($1.8M) Net assets 46 ($875k)2023 Revenue 124 ($2.5M) Expenses 929 ($3.0M) Net assets 17 ($315k)2024 Revenue 180 ($3.6M) Expenses 1003 ($3.3M) Net assets 33 ($614k)2025 Revenue 0 ($3k) Expenses 35 ($115k) Net assets 27 ($502k)
'17'18'19'20'21'22'23'24'25
Revenue (0)Expenses (35)Net assets (27)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $10M to $3.4M (−67%).

$4.0M
$4.9M
$10M
$10M
$3.4M
$3.0M
$2.2M
$909k
$587k
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 106% · 2018 100% · 2019 100% · 2020 7% · 2021 96% · 2022 98% · 2023 99% · 2024 100%. Grants only. Government contracts and fees sit inside program revenue.

0% of HAMDEN ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$1.7M
’17
$398k
’18
$4.1M
’19
$1.5M
’20
−$6.9M
’21
−$109k
’22
−$561k
’23
$300k
’24
−$112k
’25
55
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.

Chief executive

Scott Jackson

Executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed101010101111111111
Joined·+1+0+0+2+0+0+1+0
No longer listed·10010010
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of HAMDEN ECONOMIC DEVELOPMENT CORPORATION’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.

Where its funders are

100% of HAMDEN ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Connecticut funders.

CT

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

Against its field

HAMDEN ECONOMIC DEVELOPMENT CORPORATION is better cushioned than half of the 6,328 community improvement nonprofits its size.

Operating margin−3745% · bottom quartile
Months of reserve55.1mo · above the median
Revenue growth (annualized)−56% · bottom quartile

this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025

Organizations like HAMDEN ECONOMIC DEVELOPMENT CORPORATION

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

05Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CT

Screen this organization

A dated, signed PDF of the compliance screen for HAMDEN ECONOMIC DEVELOPMENT CORPORATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HAMDEN ECONOMIC DEVELOPMENT CORPORATION?
HAMDEN ECONOMIC DEVELOPMENT CORPORATION (Connecticut) receives grants from 1 organization whose IRS filings report $95,000 to it, the largest being UNITED WAY OF GREATER NEW HAVEN INC ($95,000). 0 of them have funded it in more than one year.
How many funders does HAMDEN ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $95,000 in grants to HAMDEN ECONOMIC DEVELOPMENT CORPORATION.
Who is the largest funder of HAMDEN ECONOMIC DEVELOPMENT CORPORATION?
UNITED WAY OF GREATER NEW HAVEN INC is the largest funder on record, with $95,000 in grants. The full list of funders is on this page.
How can an organization like HAMDEN ECONOMIC DEVELOPMENT CORPORATION 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.

Play a game about who funds Hamden Economic Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 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