Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1988.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $70K paid to officers and key staff.
Alexander Kolokotronis’s $70K as Executive Director is at the 46th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Alexander Kolokotronis | $70,000 | $70,000 | $25,417 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Naugatuck Valley Project INC is a community improvement nonprofit based in Waterbury, CT, formed in 1983.
Questions for Naugatuck Valley Project INC
Your first name shows with your question. Naugatuck Valley Project INC answers here, for everyone.
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To work with community groups, churchs, unions, and housing cooperatives to better the quality of life in the naugatuck valley region of CT
Education and training opportunities for domestic workers; encourage affordable cooperative housing; environmental education and community engagement; promoting better hospital and medical services
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $115K | $119K |
| Land, buildings, equipmentLn 10c | $3K | $1K |
| Total assetsLn 16 | $118K | $120K |
| LiabilitiesLn 26 | $975 | $1K |
| Net assetsLn 32 | $117K | $119K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $97K | $97K | ||
| Pay of current officers, directors and key staffLn 5 | $168K | $139K | $29K | |
| Other salaries and wagesLn 7 | $22K | $19K | $4K | |
| Other employee benefitsLn 9 | $10K | $8K | $3K | |
| Payroll taxesLn 10 | $16K | $12K | $4K | |
| Accounting feesLn 11c | $10K | $3K | $8K | |
| Office expensesLn 13 | $439 | $331 | $108 | |
| OccupancyLn 16 | $6K | $5K | $2K | |
| TravelLn 17 | $4K | $4K | ||
| Conferences, conventions and meetingsLn 19 | $3K | $3K | ||
| Depreciation, depletion and amortizationLn 22 | $1K | $1K | $366 | |
| InsuranceLn 23 | $3K | $2K | $695 | |
| Other expenses (24a–d)Ln 24 | $6K | $1K | $5K | |
| All other expensesLn 24e | $416 | $307 | $109 | |
| Total functional expensesLn 25 | $347K | $291K | $57K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $350K | $347K | $2K | $119K | 990 PDF |
| FY2024 | $264K | $250K | $14K | $117K | 990 PDF |
| FY2023 | $398K | $334K | $65K | $103K | 990 PDF |
| FY2022 | $154K | $39K | 990 PDF | ||
| FY2021 | $97K | $28K | 990 PDF | ||
| FY2020 | $152K | $50K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $349,661 revenue, 12 lines filed
Part VI · Governance 12 of 14 board members independent, 4 to look at
Part VIII · Statement of revenue $349,661 across 7 lines filed
Part IX · Statement of functional expenses $347,494 across 14 lines filed
Part X · Balance sheet $120,304 assets, 9 lines filed
Part XI · Reconciliation of net assets $119,304 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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