Connecticut · Nonprofit
NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION
NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION (Connecticut) receives grants from 3 organizations whose IRS filings report $80,500 to it, the largest being ION BANK FOUNDATION INC ($64,500). 2 of them have funded it in more than one year.
Against its field
NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION runs a healthier operating margin than half of the 6,426 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 6,426 community improvement nonprofits $100k–$1M, FY2025
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- United Way of Meriden & Wallingford Incshared funders
- Brattleboro Development Credit Corpportfolio match
- Enterprise Florida Incportfolio match
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.
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 78% · 2018 77% · 2019 72% · 2020 76% · 2021 70% · 2022 74% · 2023 72% · 2024 75% · 2025 74%. Grants only. Government contracts and fees sit inside program revenue.
100% of NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $1k → $19k.
From the IRS filings of NAUGATUCK 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.
How concentrated its funding is
NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 80% 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
Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% · 2022 100% · 2023 59% — diversifying over time.
“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
81% of NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Connecticut funders.
In-state vs out-of-state, by year
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.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 3 funders put you under-funded among the 400 organizations that share them.
- United Way of Meriden & Wallingford Incshared fundersCT · backs 14 organizations that share your funders
- Brattleboro Development Credit Corpportfolio matchits grantees resemble your mission
- Enterprise Florida Incportfolio matchits grantees resemble your mission
- Tupancy-Harris Fdn-1986portfolio matchits grantees resemble your mission
- Nancy Sayles Day Foundationportfolio matchits grantees resemble your mission
- Nantucket Golf Club Foundation Incportfolio matchits grantees resemble your mission
- Cooperative Energyportfolio matchits grantees resemble your mission
- The Rein Family Foundation Incportfolio matchits grantees resemble your mission
- The Judith B Phelan and Richard S Phelan Family Foundation Incportfolio matchits grantees resemble your mission
- Elizabeth Thayer & E Geoffrey Verney Foundationportfolio matchits grantees resemble your mission
- Samuel Bailey Family Fdtnportfolio matchits grantees resemble your mission
- Maine Development Foundationportfolio matchits grantees resemble your mission
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Government funding NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $941k on record.
- Pass thru Grant Non-State$941k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of 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
100% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for NAUGATUCK 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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION?
- NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION (Connecticut) receives grants from 3 organizations whose IRS filings report $80,500 to it, the largest being ION BANK FOUNDATION INC ($64,500). 2 of them have funded it in more than one year.
- How many funders does NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $80,500 in grants to NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
- Who is the largest funder of NAUGATUCK ECONOMIC DEVELOPMENT CORPORATION?
- ION BANK FOUNDATION INC is the largest funder on record, with $64,500 in grants. The full list of funders is on this page.
- How can an organization like NAUGATUCK 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.
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 3funders 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 August 27, 2026. What this page cannot tell you · view filing