Civic Intelligence

Bridgeport Regional Business Council

EIN 06-0271980 • 501(c)6 • Bridgeport, CT

Profile

To increase opportunities for the people of the bridgeport region by acting to create an environment for business expansion, retention and recruitment that will result in jobs and tax base growth.

10 Middle Street-14th FLBridgeport, CT 06601

www.brbc.org

Siviq Scores

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

Liabilities / Assets

98th percentile

1.16x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.72x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

14th percentile

-9.5%

Higher net margin than 14% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$160,000

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

97th percentile

85%

Faster asset growth than 97% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

22%

Faster revenue growth than 80% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$640,019

Up $294,319 (+85%) from 2023

Liabilities

Up

$745,359

Up $391,635 (+111%) from 2023

Net Assets

Down

-$105,340

Down $97,316 (-1213%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin14th percentile

Revenue

Up

$1,029,395

Up $185,535 (+22%) from 2023

Expenses

Up

$1,126,710

Up $202,388 (+22%) from 2023

Net Income

Down

-$97,315

Down $16,853 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$1.0M$500K$0-$500KAssets 2010: $626,280Liabilities 2010: $570,997Net Assets 2010: $55,2832010Assets 2011: $420,201Liabilities 2011: $356,712Net Assets 2011: $63,4892011Assets 2012: $459,134Liabilities 2012: $303,440Net Assets 2012: $155,6942012Assets 2013: $461,993Liabilities 2013: $329,096Net Assets 2013: $132,8972013Assets 2014: $474,393Liabilities 2014: $272,470Net Assets 2014: $201,9232014Assets 2015: $538,787Liabilities 2015: $451,218Net Assets 2015: $87,5692015Assets 2016: $405,504Liabilities 2016: $225,021Net Assets 2016: $180,4832016Assets 2017: $296,889Liabilities 2017: $170,202Net Assets 2017: $126,6872017Assets 2018: $172,915Liabilities 2018: $214,975Net Assets 2018: -$42,0602018Assets 2019: $152,119Liabilities 2019: $293,951Net Assets 2019: -$141,8322019Assets 2020: $212,628Liabilities 2020: $348,569Net Assets 2020: -$135,9412020Assets 2021: $388,891Liabilities 2021: $350,640Net Assets 2021: $38,2512021Assets 2023: $345,700Liabilities 2023: $353,724Net Assets 2023: -$8,0242023Assets 2024: $640,019Liabilities 2024: $745,359Net Assets 2024: -$105,3402024

Highlighted filing

2024

Assets$640,019
Liabilities$745,359
Net Assets-$105,340
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,708,7922010Expenses 2011: $1,525,3372011Expenses 2012: $1,502,5782012Revenue 2013: $1,328,927Expenses 2013: $1,351,724Net Income 2013: -$22,7972013Revenue 2014: $1,283,114Expenses 2014: $1,243,208Net Income 2014: $39,9062014Revenue 2015: $1,210,928Expenses 2015: $1,325,282Net Income 2015: -$114,3542015Revenue 2016: $1,156,214Expenses 2016: $1,217,001Net Income 2016: -$60,7872016Revenue 2017: $1,096,801Expenses 2017: $1,150,597Net Income 2017: -$53,7962017Revenue 2018: $1,087,988Expenses 2018: $1,256,735Net Income 2018: -$168,7472018Revenue 2019: $923,681Expenses 2019: $1,023,453Net Income 2019: -$99,7722019Revenue 2020: $651,527Expenses 2020: $645,636Net Income 2020: $5,8912020Revenue 2021: $761,455Expenses 2021: $588,273Net Income 2021: $173,1822021Revenue 2023: $843,860Expenses 2023: $924,322Net Income 2023: -$80,4622023Revenue 2024: $1,029,395Expenses 2024: $1,126,710Net Income 2024: -$97,3152024

Highlighted filing

2024

Revenue$1,029,395
Expenses$1,126,710
Net Income-$97,315
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$640,019
Liabilities
$745,359
Net assets
-$105,340
Revenue
$1,029,395
Expenses
$1,126,710
Net income
-$97,315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.64$0.75$0.11$1.03$1.13$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.35$0.35$0.01$0.84$0.92$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.39$0.35$0.04$0.76$0.59$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.35$0.14$0.65$0.65$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.29$0.14$0.92$1.02$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.21$0.04$1.09$1.26$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.17$0.13$1.10$1.15$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.23$0.18$1.16$1.22$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.45$0.09$1.21$1.33$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.27$0.20$1.28$1.24$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.46$0.33$0.13$1.33$1.35$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.30$0.16$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.36$0.06$1.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.57$0.06$1.71
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,029,395
Mission and Program Overview

Mission

To increase opportunites for the people of the bridgeport region by acting to create an environment for business expansion, retention and recruitment that will result in jobs and tax base growth.

To increase opportunities for the people of the bridgeport region by acting to create an environment for business expansion, retention and recruitment that will result in jobs and tax base growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$101,478$416,006▲ $314,528
Accounts Receivable$195,572$166,642▼ $28,930
Prepaid Expenses and Deferred Charges$18,083$24,347▲ $6,264
Land, Buildings, and Equipment, Net$3,541$1,865▼ $1,676
Total Assets$345,700$640,019▲ $294,319
Other Assets Total$27,026$31,159▲ $4,133
Liabilities
Deferred Revenue$116,486$507,761▲ $391,275
Accounts Payable and Accrued Expenses$210,960$211,320▲ $360
Other Liabilities$26,278$26,278→ $0
Total Liabilities$353,724$745,359▲ $391,635
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-8,024$-105,340▼ $97,316
Total Net Assets Fund Balance$-8,024$-105,340▼ $97,316
Total Liabilities and Net Assets / Fund Balance$345,700$640,019▲ $294,319

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,865$58,780$60,645
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dan OnofrioPresident & CEOFT$160,000$160,000

Board Members and Trustees

NameTitle
Tom QuinnChairman
Al CarboneCO-CHAIR GOV'T RELATIONS C
Kate Hampford DonahuePast Chair
Lawrence J GanimPast Chair
David FemiVice Chairman
Armando GoncalvesBoard Member
Bob DavidBoard Member
Charles FirlotteBoard Member
Crystal EngramBoard Member
David LevineBoard Member
Don MorrisseyBoard Member
Erica EngBoard Member
Fred PetrossiBoard Member
Jennifer VaccoBoard Member
Jim BaldwinBoard Member
John F StafstromBoard Member
Keith LawlorBoard Member
Lorraine GibbonsBoard Member
Mary Beth NelsenBoard Member
Michael SciamannaBoard Member
Natalie PryceBoard Member
Phillip KuchmaBoard Member
Richard LaskyBoard Member
Sherri DenteBoard Member
Thomas S SantaBoard Member
Timothy HodgesBoard Member
William JenningsBoard Member
Eric HendlinSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$495,341
Program Service Revenue
$246,801
Investment Income
$3
Other Revenue
$287,250
All Other Contributions
$350
Change in Net Assets
$-97,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$799,922
Salaries, Compensation, and Employee Benefits$326,788
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$144,000$16,000-$160,000
Other Salaries and Wages$124,283$13,167-$137,450
Conferences and Meetings$114,727--$114,727
Fees for Services Management$36,895$4,100-$40,995
Occupancy$29,250$3,250-$32,500
Payroll Taxes$26,528$2,810-$29,338
Other Expenses$23,580$2,619-$26,199
Fees for Services Legal$9,180$1,020-$10,200
Office Expenses$1,781$6,386-$8,167
All Other Expenses$6,860$739-$7,599
Insurance$3,794$421-$4,215
Depreciation Depletion$1,509$167-$1,676
Total Functional Expenses$975,733$150,977$0$1,126,710
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$74,249
Total Nondeductible Lobbying and Political Cost$74,249
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Liabilities$20,710
Due to Related Entity$5,568
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Business and individuals join the brbc as members for benefits and access to brbc services. Members do not have votes.”

Form 990, Part VI, Section B, Line 11B

“Reviewed by the president and a board member on behalf of the board before it is filed.”

Form 990, Part VI, Section B, Line 12C

“They review written policy and sign annually”

Form 990, Part VI, Section B, Line 15

“A committee of the board reviews the presidents salary at a meeting using comparable data for similar positions and duties. The president annually review salary of key employees using comparable data for similar positions and duties.”

Form 990, Part VI, Section C, Line 18

“The organization makes the documents available at the agency office to any individual making a request.”

Form 990, Part VI, Section C, Line 19

“The organization makes the documents available at the agency office to any individual making a request.”

Filing and Contact Details

Filer

Filer Name
Bridgeport Regional Business Council
EIN
06-0271980
Phone
2033353800
Address
10 MIDDLE STREET-14TH FL, BRIDGEPORT, CT 06601

Signing Officer

Name
Dan Onofrio
Title
President
Phone
2033353800
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Onofrio
Formed
1915
Legal Domicile
Ct
Voting Board Members
29
Independent Board Members
28
Employees
7
Volunteers
0

Preparer

Firm
Capossela Cohen LLC
Address
368 CENTER STREET, SOUTHPORT, CT 06890
Preparer
David J Fuchs CPA
Phone
2032547000
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:

“Government relations expenses $56,746. Including grants of $0. Revenue $0 communications expenses $51,281. Including grants of $0. Revenue $0 community resources expenses $25,157. Including grants of $0. Revenue $0”

Raw XML AppendixShowing 400 of 609 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm12MARY BETH NELSEN
IRS990/Form990PartVIISectionAGrp/PersonNm13PHILLIP KUCHMA
IRS990/Form990PartVIISectionAGrp/PersonNm14DON MORRISSEY
IRS990/Form990PartVIISectionAGrp/PersonNm15CRYSTAL ENGRAM
IRS990/Form990PartVIISectionAGrp/PersonNm16NATALIE PRYCE
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVID FEMI
IRS990/Form990PartVIISectionAGrp/PersonNm18MICHAEL SCIAMANNA
IRS990/Form990PartVIISectionAGrp/PersonNm19AL CARBONE
IRS990/Form990PartVIISectionAGrp/PersonNm20RICHARD LASKY
IRS990/Form990PartVIISectionAGrp/PersonNm21SHERRI DENTE
IRS990/Form990PartVIISectionAGrp/PersonNm22WILLIAM JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm23ERICA ENG
IRS990/Form990PartVIISectionAGrp/PersonNm24BOB DAVID
IRS990/Form990PartVIISectionAGrp/PersonNm25JENNIFER VACCO
IRS990/Form990PartVIISectionAGrp/PersonNm26JIM BALDWIN
IRS990/Form990PartVIISectionAGrp/PersonNm27TOM QUINN
IRS990/Form990PartVIISectionAGrp/PersonNm28KEITH LAWLOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CO-CHAIR GOV'T RELATIONS C
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
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IRS990/Form990TFiledInd01
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/MembersOrStockholdersInd01
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO INCREASE OPPORTUNITIES FOR THE PEOPLE OF THE BRIDGEPORT REGION BY ACTING TO CREATE AN ENVIRONMENT FOR BUSINESS EXPANSION, RETENTION AND RECRUITMENT THAT WILL RESULT IN JOBS AND TAX BASE GROWTH.
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IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3RENTAL AND MAINTENANCE
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IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT PROGRAMS AND PROJECTS DESIGNED TO INCREASE JOB AND TAX BASE IN THE REGION, WORK WITH CONSULTANTS AND TASKFORCES TO CONDUCT RESEARCH AND PROMOTION OF EXPANSION AND GROWTH.
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IRS990/ProgSrvcAccomActy3Grp/Desc0AFFILIATES-TO PROVIDE PROGRAM SERVICES AND ADMINISTRATIVE SUPPORT FOR THE BRIDGEPORT, TRUMBULL AND STRATFORD CHAMBERS OF COMMERCE AND THE WOMENS LEADERSHIP PROGRAM.
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0133187
IRS990/ProhibitedTaxShelterTransInd00

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