Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
41st percentile
Higher top officer pay than 41% of similar nonprofits.
Top officer pay equals 2.8% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Assets
Down$31,567,085
Down $8,678,887 (-22%) from 2020
Net Assets
Up$21,161,939
Up $1,611,029 (+8.2%) from 2020
Liabilities
Down$10,405,146
Down $10,289,916 (-50%) from 2020
Revenue
Up$7,622,732
Up $5,263,801 (+223%) from 2020
Expenses
Up$6,160,200
Up $3,545,442 (+136%) from 2020
Net Income
Up$1,462,532
Up $1,718,359 (+672%) from 2020
Providing resources, empowering entrepreneurs, building communities.
To organize and promote further economic growth.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $10,984,915 | $15,174,694 | ▲ $4,189,779 |
| Other Notes and Loans Receivable, Net | $28,104,220 | $14,681,239 | ▼ $13,422,981 |
| Investments in Publicly Traded Securities | $633,816 | $1,205,908 | ▲ $572,092 |
| Accounts Receivable | $211,539 | $172,109 | ▼ $39,430 |
| Prepaid Expenses and Deferred Charges | $170,600 | $166,000 | ▼ $4,600 |
| Pledges and Grants Receivable | $53,579 | $94,654 | ▲ $41,075 |
| Land, Buildings, and Equipment, Net | $87,303 | $72,481 | ▼ $14,822 |
| Total Assets | $40,245,972 | $31,567,085 | ▼ $8,678,887 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $15,493,423 | $9,898,776 | ▼ $5,594,647 |
| Deferred Revenue | $5,000,000 | $275,000 | ▼ $4,725,000 |
| Accounts Payable and Accrued Expenses | $160,778 | $193,028 | ▲ $32,250 |
| Other Liabilities | $40,861 | $38,342 | ▼ $2,519 |
| Total Liabilities | $20,695,062 | $10,405,146 | ▼ $10,289,916 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $15,114,348 | $13,324,567 | ▼ $1,789,781 |
| Net Assets With Donor Restrictions | $4,436,562 | $7,837,372 | ▲ $3,400,810 |
| Total Net Assets Fund Balance | $19,550,910 | $21,161,939 | ▲ $1,611,029 |
| Total Liabilities and Net Assets / Fund Balance | $40,245,972 | $31,567,085 | ▼ $8,678,887 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $67,236 | $331,355 | $398,591 |
| Equipment | $5,245 | $10,679 | $15,924 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Fernando Rosa | Outgoing President & CEO Eff. 12/2020 | FT | $194,003 | $17,525 | $211,528 |
| Fernando Rosa | Outgoing President & CEO Eff. 12/20 | - | $159,003 | $52,525 | $211,528 |
| Kim Hawkins | President & CEO Eff. 1/2021 | FT | $152,532 | $48,732 | $201,264 |
| Name | Title |
|---|---|
| Julio Mendoza | Chair, Nominating Committe |
| Barbara Randolph | Chairperson |
| Eric M Bauer | Vice Chair |
| Alan Lazowski | Director |
| Ana Alfaro | Director |
| Andreas Kapetanopoulos | Director |
| Dante Fazzina | Director |
| David Cabezas | Director |
| Donald Chapman | Director |
| Jeff Hubbard | Director |
| Michael Casparino | Director |
| Michele M Frey | Director |
| Nicholas Seminara | Director |
| Pauline Yoder | Director |
| Sheila S Hummel | Director |
| Paul Perakos | Asst. Secretary |
| Wayne Benjamin | Asst. Treasurer |
| Edward J Samorajczyk | Secretary |
| Marianne Stowell | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,502,854 |
| Salaries, Compensation, and Employee Benefits | $1,223,924 |
| Grants and Similar Amounts Paid | $433,422 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $458,745 | $97,377 | - | $556,122 |
| Current Officers, Directors, Trustees, and Key Employees | $389,405 | $82,658 | - | $472,063 |
| Grants to Domestic Orgs | $433,422 | - | - | $433,422 |
| Fees for Services Other | $86,287 | $73,092 | - | $159,379 |
| Occupancy | $75,733 | $37,827 | - | $113,560 |
| Office Expenses | $66,822 | $33,288 | - | $100,110 |
| Other Employee Benefits | $72,227 | $15,332 | - | $87,559 |
| Payroll Taxes | $57,910 | $12,293 | - | $70,203 |
| Fees for Services Accounting | $24,363 | $20,637 | - | $45,000 |
| Interest | $35,800 | $5,293 | - | $41,093 |
| Pension Plan Contributions | $31,327 | $6,650 | - | $37,977 |
| Depreciation Depletion | $20,867 | $3,085 | - | $23,952 |
| Fees for Services Legal | $10,037 | $8,502 | - | $18,539 |
| Insurance | $14,250 | $2,107 | - | $16,357 |
| Other Expenses | $3,001 | $444 | - | $3,445 |
| Advertising | $1,351 | $200 | - | $1,551 |
| Total Functional Expenses | $5,756,089 | $404,111 | $0 | $6,160,200 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $6,160,200 |
| Total Expenses per Audited Statements | $6,160,200 |
| Total Expenses per Form 990 | $6,160,200 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Spanish American Merchants Association | Hartford, CT | - | Partner Disbursement | $373,422 |
| Cornerstone | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $7,500 |
| Primavera Pub | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $7,500 |
| Abrantes Bakery | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| El Morro Supermarket | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| Exclusive Line | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| La Estrella Bakery | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| Maple Avenue Cleaners | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| Qp Cleaners | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| Vibz Uptown | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| Williams Bakery | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| World Auto Service | Hartford, CT | - | Grants to Help With Continued Operations and Stabilization Due to the Impact of Covid-19 | $5,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Refundable Advances | $38,342 |
“Management and the board of directors review the form 990 for completeness before it is filed.”
“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.”
“Performance reviews and salary adjustment recommendations are prepared by the vice president/coo for the staff of the organization. These reviews and recommended compensation are presented to the president/ceo. The president/ceo prepares a review for the vice president/coo for her 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 president/ceo and any agreed upon compensation adjustments are approved by the executive committee.”
“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.”
“The process has not changed from prior year.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 160778 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 193028 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 211539 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 172109 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO ORGANIZE AND PROMOTE FURTHER ECONOMIC GROWTH. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 200 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1351 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1551 |
| IRS990/AllOtherContributionsAmt | 0 | 314153 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | KIM HAWKINS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8605271301 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 207 MAIN STREET 4T FLOOR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HARTFORD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06106 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 10984915 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 15174694 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 82658 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 389405 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 472063 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 6088146 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 433422 |
| IRS990/CYInvestmentIncomeAmt | 0 | 29858 |
| IRS990/CYOtherExpensesAmt | 0 | 4502854 |
| IRS990/CYOtherRevenueAmt | 0 | 918933 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 585795 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1462532 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1223924 |
| IRS990/CYTotalExpensesAmt | 0 | 6160200 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7622732 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 5000000 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 275000 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 3085 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 20867 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 23952 |
| IRS990/Desc | 0 | LOAN 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/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4436562 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 7837372 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 14 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 5756089 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 20637 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 24363 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 45000 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 8502 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 10037 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 18539 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 73092 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 86287 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 159379 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 17525 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 18732 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FERNANDO ROSA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KIM HAWKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BARBARA RANDOLPH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ERIC M BAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MARIANNE STOWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | EDWARD J SAMORAJCZYK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | PAUL PERAKOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | WAYNE BENJAMIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JULIO MENDOZA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ANA ALFARO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DONALD CHAPMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | DANTE FAZZINA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MICHAEL CASPARINO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MICHELE M FREY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JEFF HUBBARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | SHEILA S HUMMEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | ANDREAS KAPETANOPOULOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | ALAN LAZOWSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | NICHOLAS SEMINARA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | PAULINE YODER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | DAVID CABEZAS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 194003 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 182532 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | OUTGOING PRESIDENT & CEO EFF. 12/2020 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT & CEO EFF. 1/2021 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | ASST. SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | ASST. TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CHAIR, NOMINATING COMMITTE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1975 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 21 |
| IRS990/GovernmentGrantsAmt | 0 | 5773993 |
| IRS990/GrantAmt | 0 | 433422 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 433422 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 433422 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 7622732 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 19 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2107 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 14250 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16357 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 5293 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 35800 |
| IRS990/InterestGrp/TotalAmt | 0 | 41093 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 29858 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 29858 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 633816 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1205908 |
| IRS990/IRPDocumentCnt | 0 | 9 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 342034 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 87303 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 72481 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 414515 |
| IRS990/LegalDomicileStateCd | 0 | CT |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROMOTE AND FURTHER THE ECONOMIC DEVELOPMENT OF SMALL BUSINESSES AND ORGANIZATIONS THROUGHOUT THE REGIONS 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/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 19550910 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 21161939 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 148497 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 15114348 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 13324567 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 37827 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 75733 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 113560 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 33288 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 66822 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 100110 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 15332 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 72227 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 87559 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOAN LOSS PROVISION |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 2 | CHARITABLE CONTRIBUTION |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 5326 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 444 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 3939090 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 35452 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 3001 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3939090 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 40778 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3445 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 40861 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 38342 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 525990 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | GAIN ON TRANSFER OF LO |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 918933 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 918933 |
| IRS990/OtherRevenueTotalAmt | 0 | 918933 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 97377 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 458745 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 556122 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 28104220 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 14681239 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 12293 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 57910 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 70203 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 6650 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 31327 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 37977 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 53579 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 94654 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 170600 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 166000 |
| IRS990/PrincipalOfficerNm | 0 | KIM B HAWKINS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 525990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 525990 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INTEREST INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SERVICE FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 410652 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 175143 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 410652 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 175143 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1699406 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 409436 |
| IRS990/PYInvestmentIncomeAmt | 0 | 56356 |
| IRS990/PYOtherExpensesAmt | 0 | 1141010 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 603169 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -255827 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1064312 |
| IRS990/PYTotalExpensesAmt | 0 | 2614758 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2358931 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1462532 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1504728 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 6088146 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1699406 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3376186 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2507003 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5672478 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 19343219 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 29858 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 62356 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.