Shelton Economic Development Corporation
Donations deductibleRevenue
$379k
year to 31 December 2024
Expenses
$389k
year to 31 December 2024
Total assets
$223k
$155k liabilities
Net assets
$68k
assets less liabilities
Directors and trustees
6
6.9 years on average
Staff
2
employees, year to 31 December 2024
Chair observed
≥6 yrs
William Partington
Left since last filing
0
no seats appear to have opened
Shelton Economic Development Corporation's network
6 peoplei6 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 11 voting members of its governing body on its latest Form 990 Part VI; we list 6 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| William Partington Chair | Board Chair | 2018 | 8 yrs |
| Alberto Martins | Treasurer | 2019 | 7 yrs |
| Fred Ruggio | Company secretary | 2019 | 7 yrs |
| Michelle Kawalautzki | Vice Chair | 2019 | 7 yrs |
| Patrick Carey | Vice Chair | 2018 | 8 yrs |
| Paul Grimmer | President | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Paul Grimmer | President | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Paul Grimmer | President | 1 | $133k | ||
| William Partington | Board Chair | 1 | $0 | ||
| Patrick Carey | Vice Chair | 1 | $0 | ||
| Michelle Kawalautzki | Vice Chair | 1 | $0 | ||
| Alberto Martins | Treasurer | 1 | $0 | ||
| Fred Ruggio | Secretary | 1 | $0 |
About
- Legal name
- Shelton Economic Development Corporation
- EIN
- 061092685
- Address
- 25 Brook St Ste 203, Shelton, CT, 06484-2332
- State
- Connecticut
- Mission
- Advance the economic development and public welfare of the city of shelton by increasing employment opportunities and expanding business and industry for the citizens of the area. (as filed on the Form 990)
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 4 (IRS master file code)
- Formed
- 1983
- Principal officer
- Sheila O'malley (as named on the Form 990)
- IRS ruling date
- 1 July 1986
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsWilliam Partington
≥8years on the filingsPatrick Carey
≥7years on the filingsAlberto Martins
≥7years on the filingsFred Ruggio
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $223k
- Total liabilities
- $155k
- Net assets or fund balances
- $68k
- Contributions and grants received
- $377k
- Program service revenue
- $0
- Employees
- 2
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $379k | $389k | Deficit $10k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Shelton Economic Development Corporation likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Connecticut Secretary of the State, business registry and officers (data.ct.gov n7gp-d28j and ka36-64k6). Licence not stated. Data last fetched 18 October 2026.
- State
- Connecticut
- Entity type
- Non-Stock
- Status
- Active
- Formed
- 11 October 1983
- Registered agent
- Sheila O'Malley (city and state not held)
Officers (35)
- Al Dasilva Director
- Alberto Martins Officer, Director
- Angelo Melisi Director
- Bing Carbone Director
- Charles Wilson Director
- David Grant Director
- Don Stanziale Director
- Dr. Ramesh Wadhwani Director
- Dominick Cerritelli Director
- Edward R. Demarseilles Director
- Fred Ruggio Officer, Director
- George Logan Director
And 23 more on the state register. City and state of officers are not held in this extract.