Civic Intelligence

South Central Ct Regional Economic Dev

EIN 06-1455545 • 501(c)4 • New Haven, CT

Profile

None

28 Orange StreetNew Haven, CT 06510

www.rexdevelopment.org

Siviq Scores

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

Liabilities / Assets

69th percentile

0.18x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.69x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

27th percentile

-2.4%

Faster asset growth than 27% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

1.4%

Faster revenue growth than 34% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,605,373

Down $39,910 (-2.4%) from 2023

Liabilities

Up

$286,962

Up $11,702 (+4.3%) from 2023

Net Assets

Down

$1,318,411

Down $51,612 (-3.8%) from 2023

Revenue

Up

$415,593

Up $5,838 (+1.4%) from 2023

Expenses

Up

$467,205

Up $87,782 (+23%) from 2023

Net Income

Down

-$51,612

Down $81,944 (-270%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $681,506Liabilities 2011: $425,531Net Assets 2011: $255,9752011Assets 2012: $874,642Liabilities 2012: $276,699Net Assets 2012: $597,9432012Assets 2013: $952,431Liabilities 2013: $298,276Net Assets 2013: $654,1552013Assets 2014: $1,294,523Liabilities 2014: $712,220Net Assets 2014: $582,3032014Assets 2015: $1,493,290Liabilities 2015: $893,346Net Assets 2015: $599,9442015Assets 2016: $1,269,155Liabilities 2016: $678,605Net Assets 2016: $590,5502016Assets 2017: $1,533,014Liabilities 2017: $425,922Net Assets 2017: $1,107,0922017Assets 2018: $1,541,265Liabilities 2018: $393,176Net Assets 2018: $1,148,0892018Assets 2019: $1,648,561Liabilities 2019: $374,067Net Assets 2019: $1,274,4942019Assets 2020: $1,718,411Liabilities 2020: $332,610Net Assets 2020: $1,385,8012020Assets 2021: $1,660,692Liabilities 2021: $283,011Net Assets 2021: $1,377,6812021Assets 2022: $1,610,396Liabilities 2022: $270,705Net Assets 2022: $1,339,6912022Assets 2023: $1,645,283Liabilities 2023: $275,260Net Assets 2023: $1,370,0232023Assets 2024: $1,605,373Liabilities 2024: $286,962Net Assets 2024: $1,318,4112024

Highlighted filing

2024

Assets$1,605,373
Liabilities$286,962
Net Assets$1,318,411

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $528,7662011Expenses 2012: $891,8962012Revenue 2013: $538,925Expenses 2013: $482,713Net Income 2013: $56,2122013Revenue 2014: $290,791Expenses 2014: $362,643Net Income 2014: -$71,8522014Revenue 2015: $583,714Expenses 2015: $566,074Net Income 2015: $17,6402015Revenue 2016: $401,765Expenses 2016: $411,159Net Income 2016: -$9,3942016Revenue 2017: $1,003,283Expenses 2017: $486,740Net Income 2017: $516,5432017Revenue 2018: $439,630Expenses 2018: $398,633Net Income 2018: $40,9972018Revenue 2019: $415,556Expenses 2019: $289,151Net Income 2019: $126,4052019Revenue 2020: $362,459Expenses 2020: $251,152Net Income 2020: $111,3072020Revenue 2021: $257,037Expenses 2021: $265,157Net Income 2021: -$8,1202021Revenue 2022: $235,860Expenses 2022: $273,849Net Income 2022: -$37,9892022Revenue 2023: $409,755Expenses 2023: $379,423Net Income 2023: $30,3322023Revenue 2024: $415,593Expenses 2024: $467,205Net Income 2024: -$51,6122024

Highlighted filing

2024

Revenue$415,593
Expenses$467,205
Net Income-$51,612

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.61$0.29$1.32$0.42$0.47$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.65$0.28$1.37$0.41$0.38$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.61$0.27$1.34$0.24$0.27$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.66$0.28$1.38$0.26$0.27$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.72$0.33$1.39$0.36$0.25$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.65$0.37$1.27$0.42$0.29$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.54$0.39$1.15$0.44$0.40$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.53$0.43$1.11$1.00$0.49$0.52
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.68$0.59$0.40$0.41$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.89$0.60$0.58$0.57$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.29$0.71$0.58$0.29$0.36$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.30$0.65$0.54$0.48$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.28$0.60$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.43$0.26$0.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$415,593
Mission and Program Overview

Mission

None

To Promote Economic Development in the South Central Region of Connecticut.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$972,344$964,344▼ $8,000
Accounts Receivable$191,271$270,097▲ $78,826
Cash and Non-Interest-Bearing Accounts$313,302$232,594▼ $80,708
Savings and Temporary Cash Investments$136,873$136,873→ $0
Prepaid Expenses and Deferred Charges$31,067--
Land, Buildings, and Equipment, Net$426$1,465▲ $1,039
Total Assets$1,645,283$1,605,373▼ $39,910
Liabilities
Other Liabilities$264,652$264,652→ $0
Accounts Payable and Accrued Expenses$10,608$22,310▲ $11,702
Total Liabilities$275,260$286,962▲ $11,702
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,370,023$1,318,411▼ $51,612
Total Net Assets Fund Balance$1,370,023$1,318,411▼ $51,612
Total Liabilities and Net Assets / Fund Balance$1,645,283$1,605,373▼ $39,910

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,465$12,818$14,283
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$415,158
Program Service Revenue
$435
Investment Income
$0
Other Revenue
$0
All Other Contributions
$317,057
Change in Net Assets
$-51,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$467,205
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$194,496$64,832-$259,328
Fees for Services Other$79,358$312-$79,670
Advertising$76,676--$76,676
Occupancy$8,899$2,966-$11,865
Office Expenses$6,782$2,260-$9,042
Insurance$2,725$908-$3,633
Information Technology$2,403$801-$3,204
Conferences and Meetings$2,368$789-$3,157
Fees for Services Accounting$2,250$750-$3,000
Other Expenses$1,944$648-$2,592
Travel$1,902$634-$2,536
Depreciation Depletion$296$99-$395
Total Functional Expenses$389,179$78,026$0$467,205
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$264,652
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the Organization's 990 was provided to the governing body before it was filed.

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

The Organization regularly monitors compliance with this policy through inquiry of its governing body.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
South Central CT Regional Economic Dev
EIN
06-1455545
Phone
2038213682
Address
28 Orange Street, New Haven, CT 06510
Doing Business As
REX Development

Signing Officer

Name
virginia kozlowski
Title
Executive Director
Phone
2038213682
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Virginia Kozlowski
Formed
1995
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Michael J Paolini CPA
Address
174 Cherry Street, Milford, CT 06460
Phone
2038760445
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consultants: Program service expenses 78422. Management and general expenses 0. Fundraising expenses 0. Total expenses 78422. Merchant Fees: Program service expenses 936. Management and general expenses 312. Fundraising expenses 0. Total expenses 1248.

Financial Statement Notes

Part X, Line 2:

The Organization is a not-for-profit corporation exempt from federal income taxes under Section 501(c) (4) of the Internal Revenue Code. On January 1, 2009, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely than not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in material adverse effects on the Organizations financial condition, results of operations or cash flows. Accordingly, the Organization has no recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions as of June 30, 2024. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2017. The Organizations policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.

Raw XML Appendix371 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/BOYAmt010608
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt022310
IRS990/AccountsReceivableGrp/BOYAmt0191271
IRS990/AccountsReceivableGrp/EOYAmt0270097
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To Promote Economic Development in the South Central Region of Connecticut.
IRS990/AdvertisingGrp/ProgramServicesAmt076676
IRS990/AdvertisingGrp/TotalAmt076676
IRS990/AllOtherContributionsAmt0317057
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Virginia Kozlowski
IRS990/BooksInCareOfDetail/PhoneNum02038213682
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt028 Orange Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0New Haven
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006510
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0313302
IRS990/CashNonInterestBearingGrp/EOYAmt0232594
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0789
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02368
IRS990/ConferencesMeetingsGrp/TotalAmt03157
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0415158
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0467205
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0435
IRS990/CYRevenuesLessExpensesAmt0-51612
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0467205
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0415593
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt099
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0296
IRS990/DepreciationDepletionGrp/TotalAmt0395
IRS990/Desc0The Organization promotes economic development in the south central region of Connecticut including the towns and cities of Bethany, Branford, East Haven, Guilford, Hamden, Madison, Meriden, Milford, New Haven, North Branford, North Haven, Orange, Wallingford, West Haven, and Woodbridge.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0REX Development
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0389179
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0750
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02250
IRS990/FeesForServicesAccountingGrp/TotalAmt03000
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt064832
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0194496
IRS990/FeesForServicesManagementGrp/TotalAmt0259328
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0312
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt079358
IRS990/FeesForServicesOtherGrp/TotalAmt079670
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
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/OfficerInd0X
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/PersonNm0Mayor Justin Elicker
IRS990/Form990PartVIISectionAGrp/PersonNm1Shelly Saczynski
IRS990/Form990PartVIISectionAGrp/PersonNm2First Selectman Jamie Cosgrove
IRS990/Form990PartVIISectionAGrp/PersonNm3First Selectman Michael Freda
IRS990/Form990PartVIISectionAGrp/PersonNm4John Emra
IRS990/Form990PartVIISectionAGrp/PersonNm5Vin Petrini
IRS990/Form990PartVIISectionAGrp/PersonNm6Albert Carbone
IRS990/Form990PartVIISectionAGrp/PersonNm7Joe Ferraiolo
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0415593
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0801
IRS990/InformationTechnologyGrp/ProgramServicesAmt02403
IRS990/InformationTechnologyGrp/TotalAmt03204
IRS990/InsuranceGrp/ManagementAndGeneralAmt0908
IRS990/InsuranceGrp/ProgramServicesAmt02725
IRS990/InsuranceGrp/TotalAmt03633
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012818
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0426
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01465
IRS990/LandBldgEquipCostOrOtherBssAmt014283
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt098101
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0None
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01370023
IRS990/NetAssetsOrFundBalancesEOYAmt01318411
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01370023
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01318411
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02966
IRS990/OccupancyGrp/ProgramServicesAmt08899
IRS990/OccupancyGrp/TotalAmt011865
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02260
IRS990/OfficeExpensesGrp/ProgramServicesAmt06782
IRS990/OfficeExpensesGrp/TotalAmt09042
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Telephone
IRS990/OtherExpensesGrp/Desc1Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Professional Developmen
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01247
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1984
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2796
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3648
IRS990/OtherExpensesGrp/ProgramServicesAmt03742
IRS990/OtherExpensesGrp/ProgramServicesAmt12950
IRS990/OtherExpensesGrp/ProgramServicesAmt22388
IRS990/OtherExpensesGrp/ProgramServicesAmt31944
IRS990/OtherExpensesGrp/TotalAmt04989
IRS990/OtherExpensesGrp/TotalAmt13934
IRS990/OtherExpensesGrp/TotalAmt23184
IRS990/OtherExpensesGrp/TotalAmt32592
IRS990/OtherLiabilitiesGrp/BOYAmt0264652
IRS990/OtherLiabilitiesGrp/EOYAmt0264652
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0972344
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0964344
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031067
IRS990/PrincipalOfficerNm0Virginia Kozlowski
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Miscellaneous
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0435
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0435
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0409755
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0329741
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt030332
IRS990/PYSalariesCompEmpBnftPaidAmt049682
IRS990/PYTotalExpensesAmt0379423
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0409755
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-51612
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0435
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0136873
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0136873
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt098101
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01465
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012818
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014283
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0264652
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Refundable Advances
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is a not-for-profit corporation exempt from federal income taxes under Section 501(c) (4) of the Internal Revenue Code. On January 1, 2009, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely than not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in material adverse effects on the Organizations financial condition, results of operations or cash flows. Accordingly, the Organization has no recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions as of June 30, 2024. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2017. The Organizations policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01465
IRS990ScheduleD/TotalLiabilityAmt0264652
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Organization's 990 was provided to the governing body before it was filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization regularly monitors compliance with this policy through inquiry of its governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes its governing documents, conflict of interest policy and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Consultants: Program service expenses 78422. Management and general expenses 0. Fundraising expenses 0. Total expenses 78422. Merchant Fees: Program service expenses 936. Management and general expenses 312. Fundraising expenses 0. Total expenses 1248.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01645283
IRS990/TotalAssetsEOYAmt01605373
IRS990/TotalAssetsGrp/BOYAmt01645283
IRS990/TotalAssetsGrp/EOYAmt01605373
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0415158
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078026
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0389179
IRS990/TotalFunctionalExpensesGrp/TotalAmt0467205
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0275260
IRS990/TotalLiabilitiesEOYAmt0286962
IRS990/TotalLiabilitiesGrp/BOYAmt0275260
IRS990/TotalLiabilitiesGrp/EOYAmt0286962
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01370023
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01318411
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0389179
IRS990/TotalProgramServiceRevenueAmt0435
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0435
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0415593
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01645283
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01605373
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0634
IRS990/TravelGrp/ProgramServicesAmt01902
IRS990/TravelGrp/TotalAmt02536
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt028 Orange Street
IRS990/USAddress/CityNm0New Haven
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006510
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.rexdevelopment.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0virginia kozlowski
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02038213682
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0South Central CT Regional Economic Dev
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Corp
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0061455545
ReturnHeader/Filer/PhoneNum02038213682
ReturnHeader/Filer/USAddress/AddressLine1Txt028 Orange Street
ReturnHeader/Filer/USAddress/CityNm0New Haven
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006510
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061281956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael J Paolini CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0174 Cherry Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006460
ReturnHeader/PreparerPersonGrp/PhoneNum02038760445
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-14T05:39:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.