Civic Intelligence

Regional Water Authority Employees

EIN 06-0724181 • 501(c)14 • New Haven, CT

Profile

Provide financial services for its members

90 Sargent DriveNew Haven, CT 06511
Siviq Scores

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

Liabilities / Assets

80th percentile

0.90x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

34.97x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Net Margin

38th percentile

0.1%

Higher net margin than 38% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$48,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 30.8% of source-year revenue.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Asset Growth

20th percentile

-7.6%

Faster asset growth than 20% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

10%

Faster revenue growth than 65% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,069,408

Down $499,934 (-7.6%) from 2023

Liabilities

Down

$5,457,008

Down $500,068 (-8.4%) from 2023

Net Assets

Up

$612,400

Up $134 (+0.0%) from 2023

Revenue

Up

$156,040

Up $14,813 (+10%) from 2023

Expenses

Up

$155,906

Up $14,907 (+11%) from 2023

Net Income

Down

$134

Down $94 (-41%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,603,252Liabilities 2011: $5,996,831Net Assets 2011: $606,4212011Assets 2012: $6,797,443Liabilities 2012: $6,190,381Net Assets 2012: $607,0522012Assets 2013: $6,756,014Liabilities 2013: $6,148,645Net Assets 2013: $607,3692013Assets 2014: $6,652,839Liabilities 2014: $6,045,431Net Assets 2014: $607,4082014Assets 2015: $6,387,534Liabilities 2015: $5,780,030Net Assets 2015: $607,5042015Assets 2016: $6,536,015Liabilities 2016: $5,928,071Net Assets 2016: $607,9442016Assets 2017: $6,761,507Liabilities 2017: $6,152,270Net Assets 2017: $609,2372017Assets 2018: $6,314,841Liabilities 2018: $5,704,363Net Assets 2018: $610,4782018Assets 2019: $6,156,228Liabilities 2019: $5,545,264Net Assets 2019: $610,9642019Assets 2020: $6,498,699Liabilities 2020: $5,887,290Net Assets 2020: $611,4092020Assets 2021: $6,844,413Liabilities 2021: $6,232,716Net Assets 2021: $611,6972021Assets 2022: $7,051,536Liabilities 2022: $6,439,498Net Assets 2022: $612,0382022Assets 2023: $6,569,342Liabilities 2023: $5,957,076Net Assets 2023: $612,2662023Assets 2024: $6,069,408Liabilities 2024: $5,457,008Net Assets 2024: $612,4002024

Highlighted filing

2024

Assets$6,069,408
Liabilities$5,457,008
Net Assets$612,400

Operations Trend

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

$300K$200K$100K$0Revenue 2011: $201,271Expenses 2011: $200,396Net Income 2011: $8752011Revenue 2012: $186,103Expenses 2012: $185,462Net Income 2012: $6412012Revenue 2013: $164,424Expenses 2013: $164,117Net Income 2013: $3072013Revenue 2014: $150,344Expenses 2014: $150,305Net Income 2014: $392014Revenue 2015: $143,700Expenses 2015: $143,604Net Income 2015: $962015Revenue 2016: $140,210Expenses 2016: $139,770Net Income 2016: $4402016Revenue 2017: $149,909Expenses 2017: $148,616Net Income 2017: $1,2932017Revenue 2018: $167,805Expenses 2018: $166,564Net Income 2018: $1,2412018Revenue 2019: $164,681Expenses 2019: $164,194Net Income 2019: $4872019Revenue 2020: $142,048Expenses 2020: $141,603Net Income 2020: $4452020Revenue 2021: $110,211Expenses 2021: $109,923Net Income 2021: $2882021Revenue 2022: $132,391Expenses 2022: $132,050Net Income 2022: $3412022Revenue 2023: $141,227Expenses 2023: $140,999Net Income 2023: $2282023Revenue 2024: $156,040Expenses 2024: $155,906Net Income 2024: $1342024

Highlighted filing

2024

Revenue$156,040
Expenses$155,906
Net Income$134

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.07$5.46$0.61$0.16$0.16$0.00
2023Detailed filing. Detailed filing data is available for this year.$6.57$5.96$0.61$0.14$0.14$0.00
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.05$6.44$0.61$0.13$0.13$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.84$6.23$0.61$0.11$0.11$0.00
2020Detailed filing. Detailed filing data is available for this year.$6.50$5.89$0.61$0.14$0.14$0.00
2019Summary only. Only limited summary data is available for this year.$6.16$5.55$0.61$0.16$0.16$0.00
2018Summary only. Only limited summary data is available for this year.$6.31$5.70$0.61$0.17$0.17$0.00
2017Summary only. Only limited summary data is available for this year.$6.76$6.15$0.61$0.15$0.15$0.00
2016Summary only. Only limited summary data is available for this year.$6.54$5.93$0.61$0.14$0.14$0.00
2015Summary only. Only limited summary data is available for this year.$6.39$5.78$0.61$0.14$0.14$0.00
2014Summary only. Only limited summary data is available for this year.$6.65$6.05$0.61$0.15$0.15$0.00
2013Summary only. Only limited summary data is available for this year.$6.76$6.15$0.61$0.16$0.16$0.00
2012Summary only. Only limited summary data is available for this year.$6.80$6.19$0.61$0.19$0.19$0.00
2011Summary only. Only limited summary data is available for this year.$6.60$6.00$0.61$0.20$0.20$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$156,040
Mission and Program Overview

Mission

Provide financial services for its members

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,930,391$4,380,391▼ $550,000
Other Notes and Loans Receivable, Net$1,501,545$1,533,006▲ $31,461
Rtn Earn Endowment Incm Other Fnds$612,266$612,400▲ $134
Cash and Non-Interest-Bearing Accounts$55,904$78,957▲ $23,053
Prepaid Expenses and Deferred Charges$18,562$18,942▲ $380
Land, Buildings, and Equipment, Net$10$10→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,569,342$6,069,408▼ $499,934
Other Assets Total$62,930$58,102▼ $4,828
Liabilities
Other Liabilities$5,911,334$5,422,845▼ $488,489
Accounts Payable and Accrued Expenses$45,742$34,163▼ $11,579
Total Liabilities$5,957,076$5,457,008▼ $500,068
Net Assets / Fund Balance
Total Net Assets Fund Balance$612,266$612,400▲ $134
Total Liabilities and Net Assets / Fund Balance$6,569,342$6,069,408▼ $499,934

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10-$10
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah BochicchioCEO-managerPT$48,000$48,000
Christina GagneSecretaryPT$20,540$20,540
Vicki LawsonDirector-$700$700

Board Members and Trustees

NameTitle
Marcel PiekarskiChairperson
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$70,615
Investment Income
$85,425
Other Revenue
$0
Change in Net Assets
$134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$76,051
Other Expenses$25,627
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-$69,240-$69,240
Benefits to Members$54,228--$54,228
Fees for Services Other-$9,101-$9,101
Office Expenses-$7,098-$7,098
Payroll Taxes-$6,811-$6,811
Other Expenses-$1,195-$1,195
All Other Expenses-$378-$378
Total Functional Expenses$54,228$101,678$0$155,906
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$5,202,785
Ira$110,541
Regular Reserve$101,173
Christmas Club$8,345
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
No
Other officer compensation reviewed
No
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 B, line 11B

The credit union has a policy on the conflict of interest, officers, directors and key employees regularly disclose annually any interest that could give rise to conflict.

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

The credit union has a policy on the conflict of interest, officers, directors and key employees regularly disclose any interest that could give rise to conflicts

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy and financial statements available upon request or on ncua website

Filing and Contact Details

Filer

Filer Name
Regional Water Authority Employees
EIN
06-0724181
Phone
2034012750
Address
90 SARGENT DRIVE, NEW HAVEN, CT 06511

Signing Officer

Name
Sarah Bochicchio
Title
CEO
Phone
2034012750
Signed
2025-05-07

Organization Details

Principal Officer
Sarah Bochicchio
Formed
1955
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Cr Godfrey & Associates
Address
9 ORANGE PIPPIN RD, SANDY HOOK, CT 06482
Preparer
Charles R Godfrey
Raw XML Appendix374 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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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt7PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt021500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt12200
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt29000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt311500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt495000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt536235
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt635000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt75000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0VICENZO LANDINO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1WANDA HOWARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2CHRISTINA GAGNE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3ROBERT JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4VICKI LAWSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5J MICHAEL TASSIE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6EDWARD CARBONI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm7EDWARD CARBONI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD OF DIRECTORS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2SECRETARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3BOARD OF DIRECTORS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4BOARD OF DIRECTORS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5SUPERVISORY COMMITTEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6BOARD OF DIRECTORS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt7BOARD OF DIRECTORS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd71
IRS990ScheduleL/TotalBalanceDueAmt0161187
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS A POLICY ON THE CONFLICT OF INTEREST, OFFICERS, DIRECTORS AND KEY EMPLOYEES REGULARLY DISCLOSE ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAS A POLICY ON THE CONFLICT OF INTEREST, OFFICERS, DIRECTORS AND KEY EMPLOYEES REGULARLY DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST OR ON NCUA WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06569342
IRS990/TotalAssetsEOYAmt06069408
IRS990/TotalAssetsGrp/BOYAmt06569342
IRS990/TotalAssetsGrp/EOYAmt06069408
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101678
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt054228
IRS990/TotalFunctionalExpensesGrp/TotalAmt0155906
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05957076
IRS990/TotalLiabilitiesEOYAmt05457008
IRS990/TotalLiabilitiesGrp/BOYAmt05957076
IRS990/TotalLiabilitiesGrp/EOYAmt05457008
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0612266
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0612400
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt070615
IRS990/TotalReportableCompFromOrgAmt069240
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0156040
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0156040
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06569342
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06069408
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt090 SARGENT DRIVE
IRS990/USAddress/CityNm0NEW HAVEN
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006511
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH BOCHICCHIO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02034012750
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REGIONAL WATER AUTHORITY EMPLOYEES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CREDIT UNION INC
ReturnHeader/Filer/BusinessNameControlTxt0REGI
ReturnHeader/Filer/EIN0060724181
ReturnHeader/Filer/PhoneNum02034012750
ReturnHeader/Filer/USAddress/AddressLine1Txt090 SARGENT DRIVE
ReturnHeader/Filer/USAddress/CityNm0NEW HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CR GODFREY & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09 ORANGE PIPPIN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SANDY HOOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006482
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Charles R Godfrey
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-07T08:58:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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