Civic Intelligence

Meriden Economic Development Corp

EIN 06-1007618 • 501(c)3 • Meriden, CT

Profile

Promote economic health meriden.

546 S Broad St 2CMeriden, CT 06450

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

57th percentile

1.5%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

19th percentile

-44%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$350,433

Up $5,054 (+1.5%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$350,433

Up $5,054 (+1.5%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin69th percentile

Revenue

Down

$14,403

Down $11,513 (-44%) from 2024

Expenses

Down

$12,265

Down $19,045 (-61%) from 2024

Net Income

Up

$2,138

Up $7,532 (+140%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $978,329Liabilities 2011: $549,367Net Assets 2011: $428,9622011Assets 2012: $445,322Liabilities 2012: $32,630Net Assets 2012: $412,6922012Assets 2013: $408,827Liabilities 2013: $02013Assets 2014: $407,831Liabilities 2014: $02014Assets 2015: $387,523Liabilities 2015: $9352015Assets 2016: $396,114Liabilities 2016: $15,0002016Assets 2017: $377,547Liabilities 2017: $02017Assets 2018: $451,039Liabilities 2018: $0Net Assets 2018: $451,0392018Assets 2019: $432,735Liabilities 2019: $118Net Assets 2019: $432,6172019Assets 2020: $500,380Liabilities 2020: $0Net Assets 2020: $500,3802020Assets 2021: $417,169Liabilities 2021: $0Net Assets 2021: $417,1692021Assets 2022: $350,551Liabilities 2022: $0Net Assets 2022: $350,5512022Assets 2023: $344,969Liabilities 2023: $0Net Assets 2023: $344,9692023Assets 2024: $345,379Liabilities 2024: $0Net Assets 2024: $345,3792024Assets 2025: $350,433Net Assets 2025: $350,4332025

Highlighted filing

2025

Assets$350,433
Liabilities-
Net Assets$350,433
Open 2025 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $72,473Expenses 2011: $49,483Net Income 2011: $22,9902011Revenue 2012: $166,809Expenses 2012: $183,079Net Income 2012: -$16,2702012Revenue 2013: $825Expenses 2013: $4,690Net Income 2013: -$3,8652013Revenue 2014: $803Expenses 2014: $1,799Net Income 2014: -$9962014Revenue 2015: $1,100Expenses 2015: $22,343Net Income 2015: -$21,2432015Revenue 2016: $753Expenses 2016: $6,227Net Income 2016: -$5,4742016Revenue 2017: $15,747Expenses 2017: $19,314Net Income 2017: -$3,5672017Revenue 2018: $120,691Expenses 2018: $46,701Net Income 2018: $73,9902018Revenue 2019: $59,550Expenses 2019: $77,972Net Income 2019: -$18,4222019Revenue 2020: $220,207Expenses 2020: $152,444Net Income 2020: $67,7632020Revenue 2021: $37,942Expenses 2021: $127,815Net Income 2021: -$89,8732021Revenue 2022: $75,431Expenses 2022: $114,486Net Income 2022: -$39,0552022Revenue 2023: $34,127Expenses 2023: $38,828Net Income 2023: -$4,7012023Revenue 2024: $25,916Expenses 2024: $31,310Net Income 2024: -$5,3942024Revenue 2025: $14,403Expenses 2025: $12,265Net Income 2025: $2,1382025

Highlighted filing

2025

Revenue$14,403
Expenses$12,265
Net Income$2,138
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$350,433
Liabilities
-
Net assets
$350,433
Revenue
$14,403
Expenses
$12,265
Net income
$2,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.50$3.50$0.14$0.12$0.02
2024Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$0.26$0.31$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.00$3.45$0.34$0.39$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.00$3.51$0.75$1.14$0.39
2021Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.38$1.28$0.90
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$0.00$5.00$2.20$1.52$0.68
2019Detailed filing. Detailed filing data is available for this year.$4.33$0.00$4.33$0.60$0.78$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$0.00$4.51$1.21$0.47$0.74
2017Summary only. Only limited summary data is available for this year.$3.78$0.00$0.16$0.19$0.04
2016Summary only. Only limited summary data is available for this year.$3.96$0.15$0.01$0.06$0.05
2015Summary only. Only limited summary data is available for this year.$3.88$0.01$0.01$0.22$0.21
2014Summary only. Only limited summary data is available for this year.$4.08$0.00$0.01$0.02$0.01
2013Summary only. Only limited summary data is available for this year.$4.09$0.00$0.01$0.05$0.04
2012Summary only. Only limited summary data is available for this year.$4.45$0.33$4.13$1.67$1.83$0.16
2011Summary only. Only limited summary data is available for this year.$9.78$5.49$4.29$0.72$0.49$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jul 30, 2025
Return Version
2024v5.2
Gross Receipts
$14,403
Mission and Program Overview

Mission

Promote economic health meriden.

Program Services

DescriptionGrantsExpenses
PROMOTE ECONOMIC HEALTH MERIDEN AREA, BUSINESS DEVELOPMENT, PROPERTY DEVELOPMENT TO ATTRACT BUSINESS.-$4,373
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS J WELSHPresident/Director-$0--
IMRAN SAEEDTreasurer/Director-$0--
FRANK W RIDLEYSecretary/Director-$0--
DAN QUESNELVice Pres/Director-$0--
SAM UDDINDirector-$0--
MARIA CAMPOS HARLOWDirector-$0--
MONICA SIMSDirector-$0--
CORNELIUS IVERSDirector-$0--
JOSEPH F FEESTDirector-$0--
STEPHANIE ARMELINDirector-$0--
MARK D BENIGNIDirector-$0--
RIC SUZIODirector-$0--
ROSANNE FORDDirector-$0--
KEVIN CURRYDirector-$0--
MONICA SIMSDirector-$0--
MICHAEL ROHDEDirector-$0--
SHERWIN BORSUKDirector-$0--
ELWYN BREWSTER QUIRKDirector-$0--
RALPH MESITEDirector-$0--
EFRAIN VALENTINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Meriden Economic Development Corp
EIN
06-1007618
Phone
2032357901
Address
546 S BROAD ST 2C, MERIDEN, CT 06450

Signing Officer

Name
Thomas J Welsh
Title
President
Signed
2025-07-30
Discuss with paid preparer
Yes

Preparer

Firm
Rj Carabetta & Co Pc
Address
35 PLEASANT ST, MERIDEN, CT 06450
Preparer
Michael L Simon
Phone
2032389500
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $336”

Other Expenses.1003

“Information Technology $603”

Other Expenses.1009

“Depreciation $2686”

Other Expenses.1012

“Insurance $3539”

Other Expenses.1

“Mmbc events entrepreneur $995”

Other Expenses.2

“MEALS $362”

Other Expenses.3

“FILING FEES $50”

Raw XML Appendix235 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MERIDEN
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt180
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt190
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THOMAS J WELSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1IMRAN SAEED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2FRANK W RIDLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAN QUESNEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SAM UDDIN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MONICA SIMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CORNELIUS IVERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOSEPH F FEEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9STEPHANIE ARMELIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10MARK D BENIGNI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11RIC SUZIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12ROSANNE FORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13KEVIN CURRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14MONICA SIMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm15MICHAEL ROHDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm16SHERWIN BORSUK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm17ELWYN BREWSTER QUIRK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm18RALPH MESITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm19EFRAIN VALENTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President/Dir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer/Dir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Dir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice Pres/Dir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt16Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt17Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt18Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt19Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt02916
IRS990EZ/OtherExpensesTotalAmt08571
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE ECONOMIC HEALTH MERIDEN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE ECONOMIC HEALTH MERIDEN AREA, BUSINESS DEVELOPMENT, PROPERTY DEVELOPMENT TO ATTRACT BUSINESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04373
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.24240
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0187819
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $336
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $603
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $2686
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $3539
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MMBC EVENTS ENTREPRENEUR $995
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS $362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FILING FEES $50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS J WELSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERIDEN ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0MERI
ReturnHeader/Filer/EIN0061007618
ReturnHeader/Filer/PhoneNum02032357901
ReturnHeader/Filer/USAddress/AddressLine1Txt0546 S BROAD ST 2C
ReturnHeader/Filer/USAddress/CityNm0MERIDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006450
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061107882
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt035 PLEASANT ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MERIDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006450
ReturnHeader/PreparerPersonGrp/PhoneNum02032389500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael L Simon
ReturnHeader/ReturnTs02025-07-31T08:13:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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