Civic Intelligence

Planned Lifetime Assistance Network of Connecticut Inc

EIN 06-1268987 • 501(c)3 • Wethersfield, CT

Profile

To promote independence and enhance the quality of life for the elderly, people with disabilities and their families through the management of special needs trusts. To provide supplementary assistance to the most needy elderly and people with disabilities through the administration of charitable trust funds.

PO Box 290937Wethersfield, CT 06129-0937

www.planofct.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

49th percentile

4.1%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$204,552

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

39th percentile

-0.1%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

7.5%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,318,245

Down $1,525 (-0.1%) from 2023

Liabilities

Down

$283,782

Down $67,928 (-19%) from 2023

Net Assets

Up

$2,034,463

Up $66,403 (+3.4%) from 2023

Revenue

Up

$1,367,146

Up $95,877 (+7.5%) from 2023

Expenses

Up

$1,310,585

Up $77,849 (+6.3%) from 2023

Net Income

Up

$56,561

Up $18,028 (+47%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $377,275Liabilities 2011: $46,732Net Assets 2011: $330,5432011Assets 2012: $381,093Liabilities 2012: $63,085Net Assets 2012: $318,0082012Assets 2013: $343,173Liabilities 2013: $41,728Net Assets 2013: $301,4452013Assets 2014: $544,476Liabilities 2014: $42,665Net Assets 2014: $501,8112014Assets 2015: $694,757Liabilities 2015: $56,391Net Assets 2015: $638,3662015Assets 2016: $944,932Liabilities 2016: $68,732Net Assets 2016: $876,2002016Assets 2017: $1,202,648Liabilities 2017: $84,205Net Assets 2017: $1,118,4432017Assets 2018: $1,459,576Liabilities 2018: $55,164Net Assets 2018: $1,404,4122018Assets 2019: $1,710,426Liabilities 2019: $68,237Net Assets 2019: $1,642,1892019Assets 2020: $1,946,096Liabilities 2020: $106,811Net Assets 2020: $1,839,2852020Assets 2021: $2,069,852Liabilities 2021: $100,887Net Assets 2021: $1,968,9652021Assets 2022: $2,048,887Liabilities 2022: $79,304Net Assets 2022: $1,969,5832022Assets 2023: $2,319,770Liabilities 2023: $351,710Net Assets 2023: $1,968,0602023Assets 2024: $2,318,245Liabilities 2024: $283,782Net Assets 2024: $2,034,4632024

Highlighted filing

2024

Assets$2,318,245
Liabilities$283,782
Net Assets$2,034,463

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $387,2172011Expenses 2012: $532,8742012Revenue 2013: $607,932Expenses 2013: $624,495Net Income 2013: -$16,5632013Revenue 2014: $786,904Expenses 2014: $586,538Net Income 2014: $200,3662014Revenue 2015: $867,091Expenses 2015: $730,536Net Income 2015: $136,5552015Revenue 2016: $932,706Expenses 2016: $694,872Net Income 2016: $237,8342016Revenue 2017: $1,005,297Expenses 2017: $763,871Net Income 2017: $241,4262017Revenue 2018: $1,116,568Expenses 2018: $825,456Net Income 2018: $291,1122018Revenue 2019: $1,167,401Expenses 2019: $943,045Net Income 2019: $224,3562019Revenue 2020: $1,279,423Expenses 2020: $1,108,913Net Income 2020: $170,5102020Revenue 2021: $1,222,487Expenses 2021: $1,073,321Net Income 2021: $149,1662021Revenue 2022: $1,227,596Expenses 2022: $1,126,552Net Income 2022: $101,0442022Revenue 2023: $1,271,269Expenses 2023: $1,232,736Net Income 2023: $38,5332023Revenue 2024: $1,367,146Expenses 2024: $1,310,585Net Income 2024: $56,5612024

Highlighted filing

2024

Revenue$1,367,146
Expenses$1,310,585
Net Income$56,561

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.32$0.28$2.03$1.37$1.31$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.35$1.97$1.27$1.23$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.08$1.97$1.23$1.13$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.10$1.97$1.22$1.07$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.11$1.84$1.28$1.11$0.17
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.71$0.07$1.64$1.17$0.94$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.06$1.40$1.12$0.83$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.08$1.12$1.01$0.76$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.07$0.88$0.93$0.69$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.06$0.64$0.87$0.73$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.04$0.50$0.79$0.59$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.04$0.30$0.61$0.62$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.06$0.32$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.05$0.33$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$1,367,146
Mission and Program Overview

Mission

To promote independence and enhance the quality of life for the elderly, people with disabilities and their families through the management of special needs trusts. To provide supplementary assistance to the most needy elderly and people with disabilities through the administration of charitable trust funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,261,817$1,423,380▲ $161,563
Savings and Temporary Cash Investments$415,404$326,428▼ $88,976
Accounts Receivable$252,999$254,483▲ $1,484
Cash and Non-Interest-Bearing Accounts$57,188$54,056▼ $3,132
Land, Buildings, and Equipment, Net$59,801$48,689▼ $11,112
Prepaid Expenses and Deferred Charges$10,767$11,709▲ $942
Total Assets$2,319,770$2,318,245▼ $1,525
Other Assets Total$261,794$199,500▼ $62,294
Liabilities
Other Liabilities$278,140$210,077▼ $68,063
Accounts Payable and Accrued Expenses$73,570$73,705▲ $135
Total Liabilities$351,710$283,782▼ $67,928
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,965,102$2,024,463▲ $59,361
Net Assets With Donor Restrictions$2,958$10,000▲ $7,042
Total Net Assets Fund Balance$1,968,060$2,034,463▲ $66,403
Total Liabilities and Net Assets / Fund Balance$2,319,770$2,318,245▼ $1,525

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$29,341$47,678$77,019
Other Land Buildings$5,988$57,204$63,192
Equipment$13,360$13,884$27,244
Other Assets Org$6,250--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kerry Tedford-colesExecutive DiFT$199,348$5,204$204,552
Kerry Tedford-colesExecutive Director-$167,848$36,704$204,552
Tina DaddonaDirector of FinanFT$122,817$3,615$126,432

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$17,671
Program Service Revenue
$1,289,671
Investment Income
$59,804
Other Revenue
$0
All Other Contributions
$17,671
Change in Net Assets
$56,561

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,367,146
Revenue Not Reported on Form 990
$12,800
Total Revenue per Audited Statements
$1,379,946
Total Revenue per Form 990
$1,367,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$992,900
Other Expenses$317,685
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$506,511$23,906-$530,417
Current Officers, Directors, Trustees, and Key Employees$132,096$198,144-$330,240
Occupancy$58,846$10,385-$69,231
Payroll Taxes$49,362$17,164-$66,526
Office Expenses$41,563$17,813-$59,376
Information Technology$41,518$7,324-$48,842
Other Employee Benefits$35,316$12,280-$47,596
Fees for Services Accounting$22,080$7,938-$30,018
Travel$19,119$2,125-$21,244
Insurance$17,138$3,025-$20,163
Pension Plan Contributions$13,446$4,675-$18,121
Depreciation Depletion$13,789$3,447-$17,236
Fees for Services Other$10,480$3,768-$14,248
Fees for Services Legal$6,956$2,501-$9,457
Advertising$4,316$480-$4,796
Other Expenses$363$64-$427
Total Functional Expenses$993,281$317,304$0$1,310,585

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,313,543
Expenses per Audited Statements$1,310,585
Total Expenses per Form 990$1,310,585
Expenses Not Reported on Form 990$2,958
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
Operating Lease Liability$210,077
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 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, Page 6, Part VI, Line 11B

The executive director and director of finance and operations, along with the audit committee review the 990 prior to filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Board members/key employees will disclose any conflict of interest to the executive director during the year.

Form 990, Page 6, Part VI, Line 15A

The board of directors researches comparable data and votes on compensation for top management officials.

Form 990, Page 6, Part VI, Line 15B

Top management officials research comparable data to determine compensation for key employees. The compensation is then voted on by the board.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request within a reasonable amount of time.

Filing and Contact Details

Filer

Filer Name
Planned Lifetime Assistance Network
EIN
06-1268987
Phone
8605234951
Address
PO BOX 290937, WETHERSFIELD, CT 06129-0937

Signing Officer

Name
Kerry Tedford-coles
Title
Executive Director
Phone
8605234951
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerry Tedford-coles
Formed
1993
Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
14
Employees
15
Volunteers
15

Preparer

Firm
Guilmartin Dipiro & Sokolowski LLC
Address
505 MAIN ST, MIDDLETOWN, CT 06457-2809
Preparer
Christopher B Conley
Phone
8603475689
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote independence and enhance the quality of life for the elderly, people with disabilities and their families through the management of special needs trusts. To provide supplementary assistance to the most needy elderly and people with disabilities through the administration of charitable trust funds.

Form 990, Page 2, Part III, Line 4A

Plan of ct is the only organization in connecticut that administers a special needs pooled trust. This trust has allowed hundreds of connecticut residents with disabilities, mostly those over the age of 65, to live in their own home with assistance rather than in a nursing home. This not only allows people with disabilities to live in the community, it relieves an enormous strain on the medicaid system. Plan has also distributed thousands of dollars from its charitable accounts to help connecticut residents with disabilities live more independent and enriched lives. The distributions have made homes more accessible, provided education and safe environments for those who need it most. Plan of ct continues to provide community education about the importance of special needs trusts in the disability community. Workshops, one-one meetings and support group presentations have helped educate families and professionals on how to ensure all people with disabilities are provided with a full and dignified life.

Form 990, Part XI, Line 9

Net assets released from restrictions 2,958 net assets released from restrictions -2,958

Financial Statement Notes

Schedule D, Page 3, Part X

Plan has received exemption from federal income tax under section 501(c)(3) of the internal revenue code. Plan has also been classified as an entity that is not a private foundation within the meaning of section 509(a) of the internal revenue code and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). Plan believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Plan's federal returns of organizations exempt from income tax (form 990) for june 30, 2024, 2023, and 2022 are subject to examination by the irs, generally for three years after they were filed.

Schedule D, Page 4, Part XI, Line 2D

Net assets released from restrictions 2,958

Schedule D, Page 4, Part XII, Line 2D

Net assets released from restrictions 2,958

Raw XML AppendixShowing 400 of 576 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/ActivityOrMissionDesc0TO PROMOTE INDEPENDENCE AND ENHANCE THE QUALITY OF LIFE FOR THE ELDERLY, PEOPLE WITH DISABILITIES AND THEIR FAMILIES THROUGH THE MANAGEMENT OF SPECIAL NEEDS TRUSTS. TO PROVIDE SUPPLEMENTARY ASSISTANCE TO THE MOST NEEDY ELDERLY AND PEOPLE WITH DISABILITIES THROUGH THE ADMINISTRATION OF CHARITABLE TRUST FUNDS.
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IRS990/Desc0PLAN OF CT IS THE ONLY ORGANIZATION IN CONNECTICUT THAT ADMINISTERS A SPECIAL NEEDS POOLED TRUST. THIS TRUST HAS ALLOWED HUNDREDS OF CONNECTICUT RESIDENTS WITH DISABILITIES, MOSTLY THOSE OVER THE AGE OF 65, TO LIVE IN THEIR OWN HOME WITH ASSISTANCE RATHER THAN IN A NURSING HOME. THIS NOT ONLY ALLOWS PEOPLE WITH DISABILITIES TO LIVE IN THE COMMUNITY, IT RELIEVES AN ENORMOUS STRAIN ON THE MEDICAID SYSTEM. PLAN HAS ALSO DISTRIBUTED THOUSANDS OF DOLLARS FROM ITS CHARITABLE ACCOUNTS TO HELP CONNECTICUT RESIDENTS WITH DISABILITIES LIVE MORE INDEPENDENT AND ENRICHED LIVES. THE DISTRIBUTIONS HAVE MADE HOMES MORE ACCESSIBLE, PROVIDED EDUCATION AND SAFE ENVIRONMENTS FOR THOSE WHO NEED IT MOST. PLAN OF CT CONTINUES TO PROVIDE COMMUNITY EDUCATION ABOUT THE IMPORTANCE OF SPECIAL NEEDS TRUSTS IN THE DISABILITY COMMUNITY. WORKSHOPS, ONE-ONE MEETINGS AND SUPPORT GROUP PRESENTATIONS HAVE HELPED EDUCATE FAMILIES AND PROFESSIONALS ON HOW TO ENSURE ALL PEOPLE WITH DISABILITIES ARE PROVIDED WITH A FULL AND DIGNIFIED LIFE.
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