Civic Intelligence

Hedco Inc.

990 • Fiscal year 2014 • EIN 06-0919160

Jun 01, 2013 to May 31, 2014 • Filed on Oct 15, 2014

Organization ProfileHEDCO-GHBDC.COM

View Organization Page

15 Lewis StreetHartford, CT 06103

(860) 527-1301

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.60x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

7.84x

Higher debt load relative to revenue than 96% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

63rd percentile

8.0%

Higher net margin than 63% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

52nd percentile

$250,514

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

28th percentile

-0.4%

Faster asset growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

5th percentile

-39%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$28,492,411

Down $113,858 (-0.4%) from 2013

Net Assets

Up

$11,458,516

Up $210,082 (+1.9%) from 2013

Liabilities

Down

$17,033,895

Down $323,940 (-1.9%) from 2013

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin63rd percentile

Revenue

Down

$2,171,894

Down $1,407,265 (-39%) from 2013

Expenses

Down

$1,998,518

Down $405,973 (-17%) from 2013

Net Income

Down

$173,376

Down $1,001,292 (-85%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2012: $24,767,671Liabilities 2012: $14,734,440Net Assets 2012: $10,033,2312012Assets 2013: $28,606,269Liabilities 2013: $17,357,835Net Assets 2013: $11,248,4342013Assets 2014: $28,492,411Liabilities 2014: $17,033,895Net Assets 2014: $11,458,5162014Assets 2015: $30,136,617Liabilities 2015: $17,139,655Net Assets 2015: $12,996,9622015Assets 2016: $32,645,193Liabilities 2016: $17,452,488Net Assets 2016: $15,192,7052016Assets 2017: $34,626,594Liabilities 2017: $16,961,603Net Assets 2017: $17,664,9912017Assets 2018: $34,886,548Liabilities 2018: $16,200,419Net Assets 2018: $18,686,1292018Assets 2019: $35,809,632Liabilities 2019: $15,522,788Net Assets 2019: $20,286,8442019Assets 2020: $40,245,972Liabilities 2020: $20,695,062Net Assets 2020: $19,550,9102020Assets 2021: $31,567,085Liabilities 2021: $10,405,146Net Assets 2021: $21,161,9392021Assets 2022: $31,561,156Liabilities 2022: $10,938,723Net Assets 2022: $20,622,4332022Assets 2023: $35,604,811Liabilities 2023: $15,186,137Net Assets 2023: $20,418,6742023Assets 2024: $34,515,828Liabilities 2024: $14,925,470Net Assets 2024: $19,590,3582024Assets 2025: $35,798,063Liabilities 2025: $16,873,589Net Assets 2025: $18,924,4742025

Highlighted filing

2014

Assets$28,492,411
Liabilities$17,033,895
Net Assets$11,458,516
Open 2014 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $2,132,356Expenses 2012: $1,901,728Net Income 2012: $230,6282012Revenue 2013: $3,579,159Expenses 2013: $2,404,491Net Income 2013: $1,174,6682013Revenue 2014: $2,171,894Expenses 2014: $1,998,518Net Income 2014: $173,3762014Revenue 2015: $4,098,366Expenses 2015: $2,564,263Net Income 2015: $1,534,1032015Revenue 2016: $4,708,971Expenses 2016: $2,487,045Net Income 2016: $2,221,9262016Revenue 2017: $6,429,878Expenses 2017: $3,040,824Net Income 2017: $3,389,0542017Revenue 2018: $3,261,087Expenses 2018: $2,305,188Net Income 2018: $955,8992018Revenue 2019: $3,999,361Expenses 2019: $2,363,667Net Income 2019: $1,635,6942019Revenue 2020: $2,358,931Expenses 2020: $2,614,758Net Income 2020: -$255,8272020Revenue 2021: $7,622,732Expenses 2021: $6,160,200Net Income 2021: $1,462,5322021Revenue 2022: $3,183,026Expenses 2022: $3,590,996Net Income 2022: -$407,9702022Revenue 2023: $4,502,536Expenses 2023: $3,152,945Net Income 2023: $1,349,5912023Revenue 2024: $4,889,239Expenses 2024: $5,695,740Net Income 2024: -$806,5012024Revenue 2025: $4,015,725Expenses 2025: $4,826,298Net Income 2025: -$810,5732025

Highlighted filing

2014

Revenue$2,171,894
Expenses$1,998,518
Net Income$173,376
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Oct 15, 2014
Return Version
2013v3.0
Gross Receipts
$2,171,894
Mission and Program Overview

Mission

Providing resources, empowering entrepreneurs, building communities.

To organize and promote further economic growth in the hartford metropolitan area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$19,395,503$20,547,321▲ $1,151,818
Cash and Non-Interest-Bearing Accounts$5,238,386$5,128,293▼ $110,093
Pledges and Grants Receivable$2,657,003$1,301,761▼ $1,355,242
Savings and Temporary Cash Investments$701,108$701,108→ $0
Investments in Publicly Traded Securities$391,319$443,858▲ $52,539
Accounts Receivable$15,854$115,090▲ $99,236
Land, Buildings, and Equipment, Net$81,201$87,085▲ $5,884
Prepaid Expenses and Deferred Charges-$42,000-
Total Assets$28,606,269$28,492,411▼ $113,858
Other Assets Total$125,895$125,895→ $0
Liabilities
Unsecured Notes Loans Payable$17,198,042$16,882,274▼ $315,768
Accounts Payable and Accrued Expenses$118,932$110,760▼ $8,172
Other Liabilities$40,861$40,861→ $0
Total Liabilities$17,357,835$17,033,895▼ $323,940
Net Assets / Fund Balance
Unrestricted Net Assets$7,252,418$7,730,791▲ $478,373
Temporarily Rstr Net Assets$3,996,016$3,727,725▼ $268,291
Total Net Assets Fund Balance$11,248,434$11,458,516▲ $210,082
Total Liabilities and Net Assets / Fund Balance$28,606,269$28,492,411▼ $113,858

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$86,125$160,890$247,015
Other Land Buildings$960$9,131$10,091
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samuel HamiltonExecutive DirectorFT$202,601$47,913$250,514
Fernando RosaDeputy DirectorFT$120,811$48,045$168,856
Kim HawkinsAsst. Deputy DirectorFT$118,814$38,277$157,091

Board Members and Trustees

NameTitle
Martin J GeitzChairman
Donna NappierNominating Committee Chair
Barbara RandolphVice Chairperson
Alan LazowskiDirector
Andreas KapetanopolusDirector
Eric HamptonDirector
George SwepsonDirector
Jean Blake - JacksonDirector
Jeff HubbardDirector
John E RobinsonDirector
Mark McgovernDirector
Michael J CasparinoDirector
Nicholas SeminaraDirector
Paul MccravenDirector
Pauline YoderDirector
Peter Gillespie AicpDirector
Peter MellyDirector
Sheryl McquadeDirector
Steve CorcoronDirector
Steven M LitchfieldDirector
Thomas L PhillipsDirector
Wayne BenjaminDirector
Paul PerakosAssistant Secretary
Julio MendozaAssistant Treasurer
Edward J SamorajczykSecretary
William J CochranTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,193,088
Program Service Revenue
$960,559
Investment Income
$18,247
Other Revenue
$0
All Other Contributions
$473,088
Change in Net Assets
$173,376

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,171,894
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$36,706
Total Revenue per Audited Statements
$2,208,600
Total Revenue per Form 990
$2,171,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,044,474
Salaries, Compensation, and Employee Benefits$954,044
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$363,189$108,485-$471,674
Fees for Service Investment Mgmnt Fees$267,212$79,816-$347,028
Other Salaries and Wages$207,684$62,035-$269,719
Other Employee Benefits$108,522$32,416-$140,938
Occupancy$97,883$29,238-$127,121
Office Expenses$49,633$14,825-$64,458
Payroll Taxes$43,817$13,088-$56,905
Fees for Services Legal$35,114$10,489-$45,603
Fees for Services Other$34,853$10,409-$45,262
Fees for Services Accounting$34,496$10,304-$44,800
Interest$32,125$9,596-$41,721
All Other Expenses$14,559$4,348-$18,907
Pension Plan Contributions$11,402$3,406-$14,808
Other Expenses$10,148$3,031-$13,179
Insurance$7,081$2,115-$9,196
Depreciation Depletion$6,714$2,006-$8,720
Advertising$966$289-$1,255
Total Functional Expenses$1,538,860$459,658$0$1,998,518

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,998,518
Total Expenses per Audited Statements$1,998,518
Total Expenses per Form 990$1,998,518
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$40,861
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 B, Line 11

“Management and the board of directors review the form 990 for completeness before it is filed.”

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

“Upon election and to be updated annually. All directors or officers of the corporation must disclose any potential conflict between his or her own individual interest, those of an immediate family member, or those of a related party and the interest of the corporation, full disclosure of all facts pertaining to such potential conflict shall be made to the board of directors. Fact-gathering and subsequent review by the board of directors will determine whether or not an actual conflict exists or would occur.”

Form 990, Part VI, Section B, Line 15

“Performance reviews and salary adjustment recommendations are prepared by the deputy director and assistant deputy director for the staff of the organization. These reviews and recommended compensation are presented to the executive director. The executive director prepares reviews for the deputy director and assistant deputy director for their compensation. The recommendations are forwarded to the hedco board of directors chairman for approval. The chairman and the executive committee review, approve or amend and forward authorizations to implement the changes inclusive of any bonus adjustments. Appraisal of the executive director and any agreed upon compensation adjustments are approved by the executive committee.”

Form 990, Part VI, Section C, Line 19

“The organization makes it's governing documents, conflicts of interest policy and financial statements available to the public by request in the form of hard copies kept at the office.”

Filing and Contact Details

Filer

EIN
06-0919160
Phone
8605271301

Signing Officer

Name
Samuel Hamilton
Title
Executive Director
Phone
8605271301
Signed
2014-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Hamilton
Formed
1975
Legal Domicile
Ct
Voting Board Members
26
Independent Board Members
26
Employees
0
Volunteers
0

Preparer

Preparer
Edward S Jason
Phone
8605223111
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Audit committee oversees the audit”

Financial Statement Notes

PART X, LINE 2:

“Uncertain tax positions are initially recognized in the financial statements when it is more likely than not that the position will be sustained upon examination by tax authorities. As of may 31, 2012, hedco has no tax positions that qualify for either recognition or disclosure in the financial statements and believes that it has appropriate support for income tax positions taken in its tax returns. Currently, hedco's federal informational returns for fiscal years 2010-2012 remain open to inspection by the irs with the 2013 return to be filed in 2014.”

Raw XML AppendixShowing 400 of 672 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0118932
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110760
IRS990/AccountsReceivableGrp/BOYAmt015854
IRS990/AccountsReceivableGrp/EOYAmt0115090
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ORGANIZE AND PROMOTE FURTHER ECONOMIC GROWTH IN THE HARTFORD METROPOLITAN AREA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0289
IRS990/AdvertisingGrp/ProgramServicesAmt0966
IRS990/AdvertisingGrp/TotalAmt01255
IRS990/AllOtherContributionsAmt0473088
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04348
IRS990/AllOtherExpensesGrp/ProgramServicesAmt014559
IRS990/AllOtherExpensesGrp/TotalAmt018907
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10SAMUEL HAMILTON
IRS990/BooksInCareOfDetail/PhoneNum08605271301
IRS990/BooksInCareOfDetail/USAddress/AddressLine1015 LEWIS STREET
IRS990/BooksInCareOfDetail/USAddress/City0HARTFORD
IRS990/BooksInCareOfDetail/USAddress/State0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCode006103
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt05238386
IRS990/CashNonInterestBearingGrp/EOYAmt05128293
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0108485
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0363189
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0471674
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01193088
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018247
IRS990/CYOtherExpensesAmt01044474
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0960559
IRS990/CYRevenuesLessExpensesAmt0173376
IRS990/CYSalariesCompEmpBnftPaidAmt0954044
IRS990/CYTotalExpensesAmt01998518
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02171894
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02006
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06714
IRS990/DepreciationDepletionGrp/TotalAmt08720
IRS990/Desc0LOAN PROGRAMS PROVIDE SMALL BUSINESS CLIENTELE WITH ACCESS TO CAPITAL NEEDS THAT WOULD BE OTHERWISE UN-MET OR UNDER-SERVED. THESE LOAN PROGRAMS ALSO PROVIDE HOPE AND OPPORTUNITY FOR PEOPLE TO REALIZE THEIR DREAM BUSINESS, CREATE FINANCIAL FREEDOM AND CONTRIBUTE TO THEIR COMMUNITIES THROUGH JOB CREATIONS AND NEEDED SERVICES. IN ADDITION TO SMALL BUSINESSES, NON-PROFITS ARE ALSO BEING ASSISTED THROUGH THESE PROGRAMS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01538860
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010304
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt034496
IRS990/FeesForServicesAccountingGrp/TotalAmt044800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt010489
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt035114
IRS990/FeesForServicesLegalGrp/TotalAmt045603
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010409
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt034853
IRS990/FeesForServicesOtherGrp/TotalAmt045262
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt079816
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt0267212
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0347028
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt251.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2647913
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2748045
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2838277
IRS990/Form990PartVIISectionAGrp/PersonNm0MARTIN J GEITZ
IRS990/Form990PartVIISectionAGrp/PersonNm1DONNA NAPPIER
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM J COCHRAN
IRS990/Form990PartVIISectionAGrp/PersonNm3JULIO MENDOZA
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWARD J SAMORAJCZYK
IRS990/Form990PartVIISectionAGrp/PersonNm5BARBARA RANDOLPH
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL PERAKOS
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVEN M LITCHFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm8NICHOLAS SEMINARA
IRS990/Form990PartVIISectionAGrp/PersonNm9ALAN LAZOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm10THOMAS L PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm11PAUL MCCRAVEN
IRS990/Form990PartVIISectionAGrp/PersonNm12WAYNE BENJAMIN
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL J CASPARINO
IRS990/Form990PartVIISectionAGrp/PersonNm14STEVE CORCORON
IRS990/Form990PartVIISectionAGrp/PersonNm15MARK MCGOVERN
IRS990/Form990PartVIISectionAGrp/PersonNm16PETER MELLY
IRS990/Form990PartVIISectionAGrp/PersonNm17PETER GILLESPIE AICP
IRS990/Form990PartVIISectionAGrp/PersonNm18ERIC HAMPTON
IRS990/Form990PartVIISectionAGrp/PersonNm19JEFF HUBBARD
IRS990/Form990PartVIISectionAGrp/PersonNm20JEAN BLAKE - JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm21SHERYL MCQUADE
IRS990/Form990PartVIISectionAGrp/PersonNm22GEORGE SWEPSON
IRS990/Form990PartVIISectionAGrp/PersonNm23PAULINE YODER
IRS990/Form990PartVIISectionAGrp/PersonNm24JOHN E ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm25ANDREAS KAPETANOPOLUS
IRS990/Form990PartVIISectionAGrp/PersonNm26SAMUEL HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm27FERNANDO ROSA
IRS990/Form990PartVIISectionAGrp/PersonNm28KIM HAWKINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26202601
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27120811
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28118814
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1NOMINATING COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DEPUTY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28ASST. DEPUTY DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GovernmentGrantsAmt0720000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02171894
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt026
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02115
IRS990/InsuranceGrp/ProgramServicesAmt07081
IRS990/InsuranceGrp/TotalAmt09196
IRS990/InterestGrp/ManagementAndGeneralAmt09596
IRS990/InterestGrp/ProgramServicesAmt032125
IRS990/InterestGrp/TotalAmt041721
IRS990/InvestmentIncomeGrp/ExclusionAmt018247
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018247
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0391319
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0443858
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0170021
IRS990/LandBldgEquipBasisNetGrp/BOYAmt081201
IRS990/LandBldgEquipBasisNetGrp/EOYAmt087085
IRS990/LandBldgEquipCostOrOtherBssAmt0257106
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND FURTHER THE ECONOMIC DEVELOPMENT OF SMALL BUSINESSES AND ORGANIZATIONS THROUGHOUT THE REGIIONS OF THE STATE OF CONNECTICUT AND TO ENGAGE AND ASSIST IN THE ESTABLISHMENT, GROWTH, AND DEVELOPMENT OF SMALL BUSINESSES WITHIN THE CITY OF HARTFORD, CONNECTICUT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011248434
IRS990/NetAssetsOrFundBalancesEOYAmt011458516
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt036706
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt029238
IRS990/OccupancyGrp/ProgramServicesAmt097883
IRS990/OccupancyGrp/TotalAmt0127121
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014825
IRS990/OfficeExpensesGrp/ProgramServicesAmt049633
IRS990/OfficeExpensesGrp/TotalAmt064458
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0125895
IRS990/OtherAssetsTotalGrp/EOYAmt0125895
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt032416
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0108522
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0140938
IRS990/OtherExpensesGrp/Desc0OTHER NON OPERATING EXP
IRS990/OtherExpensesGrp/Desc1LOAN LOSS RESERVE
IRS990/OtherExpensesGrp/Desc2CONTINUING EDUCATION
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036417
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117912
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29433
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33031
IRS990/OtherExpensesGrp/ProgramServicesAmt0121917
IRS990/OtherExpensesGrp/ProgramServicesAmt159965
IRS990/OtherExpensesGrp/ProgramServicesAmt231580
IRS990/OtherExpensesGrp/ProgramServicesAmt310148
IRS990/OtherExpensesGrp/TotalAmt0158334
IRS990/OtherExpensesGrp/TotalAmt177877
IRS990/OtherExpensesGrp/TotalAmt241013
IRS990/OtherExpensesGrp/TotalAmt313179
IRS990/OtherLiabilitiesGrp/BOYAmt040861
IRS990/OtherLiabilitiesGrp/EOYAmt040861
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062035
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0207684
IRS990/OtherSalariesAndWagesGrp/TotalAmt0269719
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt019395503
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt020547321
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013088
IRS990/PayrollTaxesGrp/ProgramServicesAmt043817
IRS990/PayrollTaxesGrp/TotalAmt056905
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03406
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011402
IRS990/PensionPlanContributionsGrp/TotalAmt014808
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02657003
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01301761

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,492,411
Liabilities
$17,033,895
Net assets
$11,458,516
Revenue
$2,171,894
Expenses
$1,998,518
Net income
$173,376
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$35.8$16.9$18.9$4.02$4.83$0.81
2024Detailed filing. Detailed filing data is available for this year.$34.5$14.9$19.6$4.89$5.70$0.81
2023Detailed filing. Detailed filing data is available for this year.$35.6$15.2$20.4$4.50$3.15$1.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.6$10.9$20.6$3.18$3.59$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$10.4$21.2$7.62$6.16$1.46
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.2$20.7$19.6$2.36$2.61$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.8$15.5$20.3$4.00$2.36$1.64
2018Detailed filing. Detailed filing data is available for this year.$34.9$16.2$18.7$3.26$2.31$0.96
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.6$17.0$17.7$6.43$3.04$3.39
2016Detailed filing. Detailed filing data is available for this year.$32.6$17.5$15.2$4.71$2.49$2.22
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$30.1$17.1$13.0$4.10$2.56$1.53
2014Detailed filing. Detailed filing data is available for this year.$28.5$17.0$11.5$2.17$2.00$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$17.4$11.2$3.58$2.40$1.17
2012Summary only. Only limited summary data is available for this year.$24.8$14.7$10.0$2.13$1.90$0.23