Civic Intelligence

The Connection Fund - Liberty Inc

EIN 06-1436605 • 501(c)3 • Middletown, CT

Profile

See schedule o for the description of the mission statement.

100 Roscommon Drive Suite 203Middletown, CT 06457

n/A

Siviq Scores

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

Liabilities / Assets

84th percentile

0.62x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

6.37x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

26th percentile

-5.1%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$427,960

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 75.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

29th percentile

-2.0%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.1%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$5,789,608

Down $117,598 (-2.0%) from 2023

Liabilities

Down

$3,613,835

Down $88,461 (-2.4%) from 2023

Net Assets

Down

$2,175,773

Down $29,137 (-1.3%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin26th percentile

Revenue

Up

$567,276

Up $42,471 (+8.1%) from 2023

Expenses

Down

$596,413

Down $32,537 (-5.2%) from 2023

Net Income

Up

-$29,137

Up $75,008 (+72%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $764,516Liabilities 2010: $321,418Net Assets 2010: $443,0982010Assets 2011: $733,515Liabilities 2011: $279,021Net Assets 2011: $454,4942011Assets 2012: $754,113Liabilities 2012: $273,291Net Assets 2012: $480,8222012Assets 2013: $6,769,799Liabilities 2013: $3,103,599Net Assets 2013: $3,666,2002013Assets 2014: $6,678,166Liabilities 2014: $3,188,903Net Assets 2014: $3,489,2632014Assets 2015: $6,591,910Liabilities 2015: $3,278,473Net Assets 2015: $3,313,4372015Assets 2016: $6,494,258Liabilities 2016: $3,322,309Net Assets 2016: $3,171,9492016Assets 2017: $6,316,173Liabilities 2017: $3,280,328Net Assets 2017: $3,035,8452017Assets 2018: $6,190,443Liabilities 2018: $3,276,548Net Assets 2018: $2,913,8952018Assets 2019: $6,118,727Liabilities 2019: $3,326,746Net Assets 2019: $2,791,9812019Assets 2020: $6,032,834Liabilities 2020: $3,361,809Net Assets 2020: $2,671,0252020Assets 2021: $5,970,678Liabilities 2021: $3,481,456Net Assets 2021: $2,489,2222021Assets 2022: $5,873,914Liabilities 2022: $3,564,859Net Assets 2022: $2,309,0552022Assets 2023: $5,907,206Liabilities 2023: $3,702,296Net Assets 2023: $2,204,9102023Assets 2024: $5,789,608Liabilities 2024: $3,613,835Net Assets 2024: $2,175,7732024

Highlighted filing

2024

Assets$5,789,608
Liabilities$3,613,835
Net Assets$2,175,773
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $100,3412010Expenses 2011: $90,8292011Expenses 2012: $81,6722012Revenue 2013: $4,180,225Expenses 2013: $430,590Net Income 2013: $3,749,6352013Revenue 2014: $352,375Expenses 2014: $529,312Net Income 2014: -$176,9372014Revenue 2015: $369,345Expenses 2015: $545,171Net Income 2015: -$175,8262015Revenue 2016: $384,918Expenses 2016: $526,406Net Income 2016: -$141,4882016Revenue 2017: $392,948Expenses 2017: $529,052Net Income 2017: -$136,1042017Revenue 2018: $409,443Expenses 2018: $531,393Net Income 2018: -$121,9502018Revenue 2019: $431,828Expenses 2019: $553,742Net Income 2019: -$121,9142019Revenue 2020: $432,276Expenses 2020: $553,232Net Income 2020: -$120,9562020Revenue 2021: $407,188Expenses 2021: $588,991Net Income 2021: -$181,8032021Revenue 2022: $428,428Expenses 2022: $608,595Net Income 2022: -$180,1672022Revenue 2023: $524,805Expenses 2023: $628,950Net Income 2023: -$104,1452023Revenue 2024: $567,276Expenses 2024: $596,413Net Income 2024: -$29,1372024

Highlighted filing

2024

Revenue$567,276
Expenses$596,413
Net Income-$29,137
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$5,789,608
Liabilities
$3,613,835
Net assets
$2,175,773
Revenue
$567,276
Expenses
$596,413
Net income
-$29,137
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.79$3.61$2.18$0.57$0.60$0.03
2023Detailed filing. Detailed filing data is available for this year.$5.91$3.70$2.20$0.52$0.63$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.87$3.56$2.31$0.43$0.61$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.97$3.48$2.49$0.41$0.59$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.03$3.36$2.67$0.43$0.55$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.12$3.33$2.79$0.43$0.55$0.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.19$3.28$2.91$0.41$0.53$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.32$3.28$3.04$0.39$0.53$0.14
2016Detailed filing. Detailed filing data is available for this year.$6.49$3.32$3.17$0.38$0.53$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.59$3.28$3.31$0.37$0.55$0.18
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.68$3.19$3.49$0.35$0.53$0.18
2013Summary only. Only limited summary data is available for this year.$6.77$3.10$3.67$4.18$0.43$3.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.27$0.48$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.28$0.45$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.32$0.44$0.10
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
$567,276
Mission and Program Overview

Mission

Organization's mission or most significant activities are to acquire, own, finance, mortgage, lease, and operate a certain improved parcel of real property located at 601 main street, middletown, connecticut, known as liberty commons, along with providing elderly, handicapped and disabled persons housing facilities and services specifically designed to meet their physical, social, and pyschological needs and to promote their health, happiness, and usefulness in longer living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,461,415$2,376,336▼ $85,079
Cash and Non-Interest-Bearing Accounts$33,404$44,072▲ $10,668
Accounts Receivable$3,910$8,449▲ $4,539
Total Assets$5,907,206$5,789,608▼ $117,598
Other Assets Total$3,408,477$3,360,751▼ $47,726
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,969,293$2,970,663▲ $1,370
Other Liabilities$351,234$381,473▲ $30,239
Accounts Payable and Accrued Expenses$381,769$261,699▼ $120,070
Total Liabilities$3,702,296$3,613,835▼ $88,461
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,204,910$2,175,773▼ $29,137
Total Net Assets Fund Balance$2,204,910$2,175,773▼ $29,137
Total Liabilities and Net Assets / Fund Balance$5,907,206$5,789,608▼ $117,598

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,108,980$955,178$3,064,158
Land$267,356-$267,356
Other Assets Org$16,339--
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Lisa Dematteis-leporeCEO
Beth ConnorChief Program Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$417,922
Investment Income
$148,171
Other Revenue
$1,183
Change in Net Assets
$-29,137

Audited Revenue Reconciliation

Revenue per Audited Statements
$567,276
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$567,276
Total Revenue per Form 990
$567,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$444,223
Salaries, Compensation, and Employee Benefits$152,190
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$194,055--$194,055
Other Salaries and Wages$127,174--$127,174
Depreciation Depletion$92,979--$92,979
Insurance$40,718--$40,718
Other Expenses-$33,019-$33,019
Interest$31,339--$31,339
Fees for Services Management-$26,880-$26,880
Fees for Services Accounting-$15,300-$15,300
Payroll Taxes$14,794--$14,794
Other Employee Benefits$10,222--$10,222
Office Expenses-$9,933-$9,933
Total Functional Expenses$511,281$85,132$0$596,413

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$596,413
Total Expenses per Audited Statements$596,413
Total Expenses per Form 990$596,413
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
Accrued Interest Payable-mortgages$367,117
Tenant Security Deposits$14,356
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Form 990, part vi, line 3b - organization delegated control over some duties to a professional property manager.”

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

“Form 990. Part vi, line 11b - organization's process to review form 990 the finance department prepares the source information for the tax preparer. Upon receipt of the drafts, the finance department then conducts a complete review prior to sending copies to each board of directors member for their review and comments prior to submitting the return to the irs.”

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

“Form 990, part vi, line 12c - enforcement of conflicts policy all members of the board of directors annually fill out a conflict of interest disclosure.”

Form 990, Part VI, Section C, Line 18

“Form 990, part vi, line 19 - governing documents disclosure explanation all governing documents are made available upon written request within a reasonable amount of time.”

Form 990, Part VI, Section C, Line 19

“Form 990, part vi, line 12c - enforcement of conflicts policy all members of the board of directors annually fill out a conflict of interest disclosure.”

Filing and Contact Details

Filer

Filer Name
The Connection Fund - Liberty Inc
EIN
06-1436605
Phone
8603435500
Address
100 ROSCOMMON DRIVE SUITE 203, MIDDLETOWN, CT 06457

Signing Officer

Name
Stephen Abshire
Title
CFO
Phone
8603435500
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Abshire
Formed
1996
Legal Domicile
Ct
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Whittlesey Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Lisa Wills
Phone
8605223111
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization did not change its process from the prior year.”

Raw XML AppendixShowing 400 of 410 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/BOYAmt0381769
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0261699
IRS990/AccountsReceivableGrp/BOYAmt03910
IRS990/AccountsReceivableGrp/EOYAmt08449
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES ARE TO ACQUIRE, OWN, FINANCE, MORTGAGE, LEASE, AND OPERATE A CERTAIN IMPROVED PARCEL OF REAL PROPERTY LOCATED AT 601 MAIN STREET, MIDDLETOWN, CONNECTICUT, KNOWN AS LIBERTY COMMONS, ALONG WITH PROVIDING ELDERLY, HANDICAPPED AND DISABLED PERSONS HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PYSCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, HAPPINESS, AND USEFULNESS IN LONGER LIVING.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEPHEN ABSHIRE
IRS990/BooksInCareOfDetail/PhoneNum08603435500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 ROSCOMMON DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIDDLETOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006457
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt033404
IRS990/CashNonInterestBearingGrp/EOYAmt044072
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0148171
IRS990/CYOtherExpensesAmt0444223
IRS990/CYOtherRevenueAmt01183
IRS990/CYProgramServiceRevenueAmt0417922
IRS990/CYRevenuesLessExpensesAmt0-29137
IRS990/CYSalariesCompEmpBnftPaidAmt0152190
IRS990/CYTotalExpensesAmt0596413
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0567276
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt092979
IRS990/DepreciationDepletionGrp/TotalAmt092979
IRS990/Desc0SEE SCHEDULE O FOR THE DESCRIPTION OF THE PROGRAM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0511281
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015300
IRS990/FeesForServicesAccountingGrp/TotalAmt015300
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt026880
IRS990/FeesForServicesManagementGrp/TotalAmt026880
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt042.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt043192
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt115395
IRS990/Form990PartVIISectionAGrp/PersonNm0LISA DEMATTEIS-LEPORE
IRS990/Form990PartVIISectionAGrp/PersonNm1BETH CONNOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0384768
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1251856
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF PROGRAM OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0567276
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt040718
IRS990/InsuranceGrp/TotalAmt040718
IRS990/InterestGrp/ProgramServicesAmt031339
IRS990/InterestGrp/TotalAmt031339
IRS990/InvestmentIncomeGrp/ExclusionAmt0148171
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0148171
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0955178
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02461415
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02376336
IRS990/LandBldgEquipCostOrOtherBssAmt03331514
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01183
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01183
IRS990/MissionDesc0ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES ARE TO ACQUIRE, OWN, FINANCE, MORTGAGE, LEASE, AND OPERATE A CERTAIN IMPROVED PARCEL OF REAL PROPERTY LOCATED AT 601 MAIN STREET, MIDDLETOWN, CONNECTICUT, KNOWN AS LIBERTY COMMONS, ALONG WITH PROVIDING ELDERLY, HANDICAPPED AND DISABLED PERSONS HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PYSCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, HAPPINESS, AND USEFULNESS IN LONGER LIVING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02969293
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02970663
IRS990/NetAssetsOrFundBalancesBOYAmt02204910
IRS990/NetAssetsOrFundBalancesEOYAmt02175773
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02204910
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02175773
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0194055
IRS990/OccupancyGrp/TotalAmt0194055
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09933
IRS990/OfficeExpensesGrp/TotalAmt09933
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03408477
IRS990/OtherAssetsTotalGrp/EOYAmt03360751
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010222
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010222
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033019
IRS990/OtherExpensesGrp/TotalAmt033019
IRS990/OtherLiabilitiesGrp/BOYAmt0351234
IRS990/OtherLiabilitiesGrp/EOYAmt0381473
IRS990/OtherRevenueTotalAmt01183
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0127174
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127174
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt014794
IRS990/PayrollTaxesGrp/TotalAmt014794
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0STEPHEN ABSHIRE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0417922
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0417922
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt098364
IRS990/PYOtherExpensesAmt0430242
IRS990/PYOtherRevenueAmt02746
IRS990/PYProgramServiceRevenueAmt0423695
IRS990/PYRevenuesLessExpensesAmt0-104145
IRS990/PYSalariesCompEmpBnftPaidAmt0198708
IRS990/PYTotalExpensesAmt0628950
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0524805
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-29137
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0419105
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0148171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt098364
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05485
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt032597
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0288686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0417922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0426441
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0422943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0403057
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0399679
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02070042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0148171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt098364
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05485
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt032597
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0288686
IRS990ScheduleA/InvestmentIncomeCYPct00.12230
IRS990ScheduleA/InvestmentIncomePYPct00.08030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01183
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01183
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87720
IRS990ScheduleA/PublicSupportPY509Pct00.91970
IRS990ScheduleA/PublicSupportTotal509Amt02070042
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0417922
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0426441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0422943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0403057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0399679
IRS990ScheduleA/Total509Grp/TotalAmt02070042
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0567276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0524805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0428428
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0407126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0432276
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02359911
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02108980
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0955178
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03064158
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0596413
IRS990ScheduleD/LandGrp/BookValueAmt0267356
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0267356
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03344412
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt116339
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS AND FUNDED RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1367117
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE-MORTGAGES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0567276
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02376336
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03360751
IRS990ScheduleD/TotalExpensesPerForm990Amt0596413
IRS990ScheduleD/TotalLiabilityAmt0381473
IRS990ScheduleD/TotalRevenuePerForm990Amt0567276
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0567276
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0596413
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0384768
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1251856
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt021270
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt115349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021922
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt146
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LISA DEMATTEIS-LEPORE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BETH CONNOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF PROGRAM OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0427960
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1267251
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL OFFICERS' SALARIES ARE PAID BY A RELATED ORGANIZATION, THE CONNECTION FUND, INC., WHICH IS ALSO THE MANAGEMENT ORGANIZATION. THE BOARD OF DIRECTORS OF THE CONNECTION FUND, INC. REVIEWS A COMPENSATION SURVEY CONDUCTED BY CBIA AS WELL AS REVIEWS CURRENT EMPLOYMENT STATISTICS FOR THE POSITION FROM THE CONNECTICUT DEPARTMENT OF LABOR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3 - RELATED ORG. METHODS USED FOR COMPENSATION EXPLANATION
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 3B - ORGANIZATION DELEGATED CONTROL OVER SOME DUTIES TO A PROFESSIONAL PROPERTY MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990. PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FINANCE DEPARTMENT PREPARES THE SOURCE INFORMATION FOR THE TAX PREPARER. UPON RECEIPT OF THE DRAFTS, THE FINANCE DEPARTMENT THEN CONDUCTS A COMPLETE REVIEW PRIOR TO SENDING COPIES TO EACH BOARD OF DIRECTORS MEMBER FOR THEIR REVIEW AND COMMENTS PRIOR TO SUBMITTING THE RETURN TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY ALL MEMBERS OF THE BOARD OF DIRECTORS ANNUALLY FILL OUT A CONFLICT OF INTEREST DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST WITHIN A REASONABLE AMOUNT OF TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY ALL MEMBERS OF THE BOARD OF DIRECTORS ANNUALLY FILL OUT A CONFLICT OF INTEREST DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DID NOT CHANGE ITS PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05907206
IRS990/TotalAssetsEOYAmt05789608
IRS990/TotalAssetsGrp/BOYAmt05907206
IRS990/TotalAssetsGrp/EOYAmt05789608
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085132
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0511281
IRS990/TotalFunctionalExpensesGrp/TotalAmt0596413
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03702296
IRS990/TotalLiabilitiesEOYAmt03613835
IRS990/TotalLiabilitiesGrp/BOYAmt03702296
IRS990/TotalLiabilitiesGrp/EOYAmt03613835
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02204910
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02175773
IRS990/TotalOtherCompensationAmt058587
IRS990/TotalProgramServiceExpensesAmt0511281
IRS990/TotalProgramServiceRevenueAmt0417922
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0148171
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0419105
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0567276
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05907206
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05789608
IRS990/TotReportableCompRltdOrgAmt0636624
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 ROSCOMMON DRIVE SUITE 203
IRS990/USAddress/CityNm0MIDDLETOWN
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006457
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN ABSHIRE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08603435500
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CONNECTION FUND - LIBERTY INC
ReturnHeader/Filer/BusinessNameControlTxt0CONN
ReturnHeader/Filer/EIN0061436605
ReturnHeader/Filer/PhoneNum08603435500
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 ROSCOMMON DRIVE SUITE 203
ReturnHeader/Filer/USAddress/CityNm0MIDDLETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006457
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0060903326
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITTLESEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0280 TRUMBULL ST 24TH FL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.