Civic Intelligence

Community Foundation of Middlesex County Inc

EIN 06-1477711 • 501(c)3 • Middletown, CT

Profile

To assist and promote the well being of the inhabitants of middlesex county and its vicinity by among other activities, engaging in charitable activities and extending financial aid through grants, contributions or other aid or assistance.

49 Main StreetMiddletown, CT 06457

www.middlesexcountycf.org

Siviq Scores

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

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.35x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

88th percentile

45%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

27th percentile

$178,764

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

75th percentile

14%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

69%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$41,329,266

Up $4,949,692 (+14%) from 2023

Liabilities

Up

$1,934,452

Up $244,272 (+14%) from 2023

Net Assets

Up

$39,394,814

Up $4,705,420 (+14%) from 2023

Revenue

Up

$5,509,304

Up $2,258,455 (+69%) from 2023

Expenses

Up

$3,030,787

Up $323,951 (+12%) from 2023

Net Income

Up

$2,478,517

Up $1,934,504 (+356%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $7,213,385Liabilities 2011: $713,012Net Assets 2011: $6,500,3732011Assets 2012: $9,679,802Liabilities 2012: $782,717Net Assets 2012: $8,897,0852012Assets 2013: $11,739,436Liabilities 2013: $942,985Net Assets 2013: $10,796,4512013Assets 2014: $12,327,608Liabilities 2014: $1,092,794Net Assets 2014: $11,234,8142014Assets 2015: $12,188,269Liabilities 2015: $1,186,259Net Assets 2015: $11,002,0102015Assets 2016: $13,206,725Liabilities 2016: $1,581,493Net Assets 2016: $11,625,2322016Assets 2017: $20,626,471Liabilities 2017: $1,630,303Net Assets 2017: $18,996,1682017Assets 2018: $24,377,572Liabilities 2018: $1,627,562Net Assets 2018: $22,750,0102018Assets 2019: $29,376,511Liabilities 2019: $1,720,292Net Assets 2019: $27,656,2192019Assets 2020: $32,345,274Liabilities 2020: $1,779,081Net Assets 2020: $30,566,1932020Assets 2021: $36,935,476Liabilities 2021: $2,143,617Net Assets 2021: $34,791,8592021Assets 2022: $32,297,532Liabilities 2022: $1,538,832Net Assets 2022: $30,758,7002022Assets 2023: $36,379,574Liabilities 2023: $1,690,180Net Assets 2023: $34,689,3942023Assets 2024: $41,329,266Liabilities 2024: $1,934,452Net Assets 2024: $39,394,8142024

Highlighted filing

2024

Assets$41,329,266
Liabilities$1,934,452
Net Assets$39,394,814

Operations Trend

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

$10M$5.0M$0Expenses 2011: $809,4562011Revenue 2012: $3,017,196Expenses 2012: $1,057,579Net Income 2012: $1,959,6172012Revenue 2013: $2,038,582Expenses 2013: $1,061,635Net Income 2013: $976,9472013Revenue 2014: $1,290,175Expenses 2014: $1,166,148Net Income 2014: $124,0272014Revenue 2015: $1,496,863Expenses 2015: $1,262,213Net Income 2015: $234,6502015Revenue 2016: $1,447,655Expenses 2016: $1,261,875Net Income 2016: $185,7802016Revenue 2017: $7,579,508Expenses 2017: $1,300,432Net Income 2017: $6,279,0762017Revenue 2018: $9,731,371Expenses 2018: $1,309,025Net Income 2018: $8,422,3462018Revenue 2019: $2,215,465Expenses 2019: $1,453,058Net Income 2019: $762,4072019Revenue 2020: $2,333,970Expenses 2020: $1,520,276Net Income 2020: $813,6942020Revenue 2021: $4,146,421Expenses 2021: $1,823,932Net Income 2021: $2,322,4892021Revenue 2022: $3,603,305Expenses 2022: $2,554,410Net Income 2022: $1,048,8952022Revenue 2023: $3,250,849Expenses 2023: $2,706,836Net Income 2023: $544,0132023Revenue 2024: $5,509,304Expenses 2024: $3,030,787Net Income 2024: $2,478,5172024

Highlighted filing

2024

Revenue$5,509,304
Expenses$3,030,787
Net Income$2,478,517

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.3$1.93$39.4$5.51$3.03$2.48
2023Detailed filing. Detailed filing data is available for this year.$36.4$1.69$34.7$3.25$2.71$0.54
2022Detailed filing. Detailed filing data is available for this year.$32.3$1.54$30.8$3.60$2.55$1.05
2021Detailed filing. Detailed filing data is available for this year.$36.9$2.14$34.8$4.15$1.82$2.32
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$32.3$1.78$30.6$2.33$1.52$0.81
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.4$1.72$27.7$2.22$1.45$0.76
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.4$1.63$22.8$9.73$1.31$8.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$1.63$19.0$7.58$1.30$6.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$1.58$11.6$1.45$1.26$0.19
2015Detailed filing. Detailed filing data is available for this year.$12.2$1.19$11.0$1.50$1.26$0.23
2014Detailed filing. Detailed filing data is available for this year.$12.3$1.09$11.2$1.29$1.17$0.12
2013Detailed filing. Detailed filing data is available for this year.$11.7$0.94$10.8$2.04$1.06$0.98
2012Summary only. Only limited summary data is available for this year.$9.68$0.78$8.90$3.02$1.06$1.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.21$0.71$6.50$0.81
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.0
Gross Receipts
$8,974,145
Mission and Program Overview

Mission

To assist and promote the well being of the inhabitants of middlesex county and its vicinity by among other activities, engaging in charitable activities and extending financial aid through grants, contributions or other aid or assistance.

To assist and promote the well being of the inhabitants of middlesex county and its vicinity by, among other activities, engaging in charitable activities and extending financial aid through grants, contributions, or other aid or assistance. Our background and work: the community foundation idea is simple one: anyone can be a philanthropist; anyone may use it to give back to the community. The community foundation of middlesex county represents local people, giving locally to make an impact on the lives of others - not just for today, but forever. The community foundation of middlesex county is unique. It began as a grass roots effort with multiple donations from countless caring donors. That tradition continues today as friends, neighbors, businesses, and organizations continue to work together, pooling their gifts, to make a positive impact in our community through the community foundation. Since 1997, generous individuals, companies, institutions, organizations, and businesses have

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$33,339,075$38,872,819▲ $5,533,744
Cash and Non-Interest-Bearing Accounts$1,924,086$1,459,932▼ $464,154
Land, Buildings, and Equipment, Net$543,566$527,033▼ $16,533
Prepaid Expenses and Deferred Charges$18,329$26,184▲ $7,855
Pledges and Grants Receivable$45,358$2,318▼ $43,040
Total Assets$36,379,574$41,329,266▲ $4,949,692
Other Assets Total$509,160$440,980▼ $68,180
Liabilities
Other Liabilities$1,177,688$1,322,067▲ $144,379
Grants Payable$266,288$375,084▲ $108,796
Accounts Payable and Accrued Expenses$246,204$237,301▼ $8,903
Total Liabilities$1,690,180$1,934,452▲ $244,272
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$31,108,363$35,818,133▲ $4,709,770
Net Assets With Donor Restrictions$3,581,031$3,576,681▼ $4,350
Total Net Assets Fund Balance$34,689,394$39,394,814▲ $4,705,420
Total Liabilities and Net Assets / Fund Balance$36,379,574$41,329,266▲ $4,949,692

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$291,731$78,269$370,000
Leasehold Improvements$177,755$53,931$231,686
Land$50,000-$50,000
Equipment$7,547$34,467$42,014

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$28,197,849$333,950▲ $2,981,732-$30,134,361
2023$25,026,472$455,196▲ $3,883,731-$28,197,849
2022$29,579,977$352,372▼ $3,879,966-$25,026,472
2021$26,522,590$468,003▲ $3,764,637-$29,597,977
2020$24,100,375$367,287▲ $2,878,022-$26,522,590
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cynthia CleggPresident &FT$178,764$178,764
Cynthia CleggPresident & CEO-$178,764$178,764

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,309,175
Program Service Revenue
$0
Investment Income
$1,175,483
Other Revenue
$24,646
All Other Contributions
$4,252,950
Change in Net Assets
$2,478,517

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$55,513Fair Market Value
Other Non Cash Contri Table1$1,530Estimated Wholesale
Total Noncash Contributions10$57,043-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,429,250
Revenue Not Reported on Financial Statements
$80,054
Revenue Not Reported on Form 990
$2,237,452
Total Revenue per Audited Statements
$7,666,702
Total Revenue per Form 990
$5,509,304
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,053,265
Salaries, Compensation, and Employee Benefits$552,717
Other Expenses$424,805
Total Fundraising Expense$230,325
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,053,265--$2,053,265
Other Salaries and Wages$93,735$115,342$81,591$290,668
Current Officers, Directors, Trustees, and Key Employees$57,648$70,937$50,179$178,764
Fees for Service Investment Mgmnt Fees$31,521$44,530$4,007$80,058
Office Expenses$21,663$30,603$5,952$58,218
Other Employee Benefits$15,550$24,567$7,051$47,168
Payroll Taxes$14,221$7,910$13,986$36,117
Depreciation Depletion$14,032$10,161-$24,193
Fees for Services Accounting$8,497$12,004$1,079$21,580
Advertising$12,710$3,767$338$16,815
Insurance$5,315$7,507$675$13,497
Information Technology$3,649$5,155$464$9,268
Occupancy$3,594$5,079$457$9,130
Other Expenses$2,748$3,445$59,172$6,193
All Other Expenses$696$982$89$1,767
Conferences and Meetings$586$756$18$1,360
Total Functional Expenses$2,388,193$412,269$230,325$3,030,787

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,030,787
Total Expenses per Audited Statements$2,961,282
Expenses per Audited Statements$2,950,733
Expenses Not Reported on Financial Statements$80,054
Expenses Not Reported on Form 990$10,549
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Maritime Aquarium at NorwalkNorwalk, CT3General Support$150,000
The Nature ConservancyNew Haven, CT3Operational Support$115,348
Pauline Baldwin Food PantryMadison, CT3Thanksgiving Drive$94,725
Connecticut Foodshare IncWallingford, CT3Thanksgiving Drive$82,521
Healing Meals Community ProjectBloomfield, CT3Thanksgiving Drive$82,521
House of Bread IncHartford, CT3Thanksgiving Drive$82,521
St John Roman Catholic ChurchMiddletown, CT3General Support$52,161
St John Paul Ii Regional SchoolMiddletown, CT3Educational Assist.$49,161
Meriden Rotary ClubMeriden, CT3Thanksgiving Drive$40,275
East Hampton Volunteer Food and FueEast Hampton, CT3Thanksgiving Drive$37,966
Middletown Public SchoolsMiddletown, CT3General Support$37,930
Bread for Life IncSouthington, CT3Thanksgiving Drive$37,531
Friends of Southington Community SePlantsville, CT3Thanksgiving Drive$37,531
Food Pantry of North Branford IncNorthford, CT3Thanksgiving Drive$33,303
Zion Evangelical Lutheran ChurchManchester, CT-Thanksgiving Drive$31,263
Honor Rotary a Foundation forColchester, CT3Thanksgiving Drive$19,451
Marc Community ResourcesMiddletown, CT3Adult Programs$16,783
Connecticut River ConservancyGreenfield, MA3Shoreline Project$16,300
Gilead Community ServicesMiddletown, CT3General Support$16,144
Marlborough Food Bank IncMarlborough, CT3Thanksgiving Drive$16,080
Cultivating Justice ProjectBrooklyn, NY3General Support$15,000
Cromwell Belden Public LibraryCromwell, CT3General Support$11,915
Searchlight Eductional MediaBerkeley, CA3General Support$11,578
Camp Bethel Association IncHaddam, CT3Senior Education$10,000
Ct Foundation for Dental OutreachSouthington, CT3Dental Clinic$10,000
Essex Rotary Scholarship FoundatioEssex, CT3Education Awards$10,000
Independent Day SchoolMiddlefield, CT3Education$10,000
Middletown Police Activity LeagueMiddletown, CT3General Support$10,000
Unashamed IncMiddletown, CT-Youth Programming$10,000
Area Congregations TogetherShelton, CT3Thanksgiving Drive$8,938
St Vincent De Paul of the ValleyEast Haven, CT3Thanksgiving Drive$8,938
Valley Regional High SchoolDeep River, CT-Educational Awards$8,160
East Haddam Land TrustEast Haddam, CT3Wetlands Preservatio$8,086
West Hartford Social ServicesWest Hartford, CT-Thanksgiving Drive$7,500
Connecticut Foodshare IncWallingford, CT3Food Purchasing$6,230
Cystic Fibrosis FoundationMiddletown, CT3General Support$6,230
Kingswood-oxford SchoolWest Hartford, CT3Ryan Gordon Memorial$6,230
Mhs Blue DragonsMiddletown, CT3Wrestling Program$5,919
North Haven Congregational ChurchNorth Haven, CT3Thanksgiving Drive$5,565
Ecumenical Food Bank IncNaugatuck, CT3Thanksgiving Drive$5,306
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,549
Fundraising Gross Income$8,450
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Becky Thatcher$56,800$6,630$6,620$10
Clubhouse Party$7,875$1,820$3,929$-2,109
Total Events$64,675$8,450$10,549$-2,099
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds$1,322,067
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Members are elected and approved by the board of directors

Form 990, Page 6, Part VI, Line 7B

Decisions are subject to approval by the board of directors.

Form 990, Page 6, Part VI, Line 11B

The form 990 is available to the audit, finance and investment committees, as well as the board of directors, for review prior to filing.

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

The foundation regularly monitors and enforces the conflict of interest policy.

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

Compensation is independently reviewed and approved

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

NOT APPLICABLE

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Community Foundation of
EIN
06-1477711
Phone
8603470025
Address
49 MAIN STREET, MIDDLETOWN, CT 06457

Signing Officer

Name
Cynthia Clegg
Title
President & CEO
Phone
8603470025
Signed
2025-10-28

Organization Details

Principal Officer
Cynthia Clegg
Formed
1997
Legal Domicile
Ct
Voting Board Members
25
Independent Board Members
24
Employees
5
Volunteers
128

Preparer

Firm
Mahoney Sabol & Company Llp
Address
180 GLASTONBURY BLVD STE 400, GLASTONBURY, CT 06033-4439
Preparer
Kenneth a Kron CPA
Phone
8605412000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To assist and promote the well being of the inhabitants of middlesex county and its vicinity by, among other activities, engaging in charitable activities and extending financial aid through grants, contributions, or other aid or assistance. Our background and work: the community foundation idea is simple one: anyone can be a philanthropist; anyone may use it to give back to the community. The community foundation of middlesex county represents local people, giving locally to make an impact on the lives of others - not just for today, but forever. The community foundation of middlesex county is unique. It began as a grass roots effort with multiple donations from countless caring donors. That tradition continues today as friends, neighbors, businesses, and organizations continue to work together, pooling their gifts, to make a positive impact in our community through the community foundation. Since 1997, generous individuals, companies, institutions, organizations, and businesses have established funds at the community foundation in order to invest in the future of our region. We leverage every gift, no matter the size, to improve the arts; cultural and heritage programs; educational activities; environmental conditions; health and human services, and so much more. As a community resource: the community foundation of middlesex county is a community resource. Our mission is to enrich the quality of life for everyone today - and forever. We are committed to serving three primary constituencies: donors - as a partner for giving and as a resource for information about local needs. This is accomplished through funds established to support the community, by partnering and collaborating on initiatives designed to positively impact our region, and as well as a by providing resources to aid and support individuals and businesses in developing their charitable goals and visions for the benefit of all. Charitable organizations - as a source of grants and technical assistance, and as a guardian of nonprofit endowments. Through various types of funds, we work to ensure our local nonprofits have access to the necessary funding to provide a broad range of services and programs to the community. Furthermore, through our nonprofit resource center, we offer access to free and low-cost workshops, one-on-one consulting with our knowledgeable staff; and networking opportunities with local and national experts. The community at large - as a force committed to helping our communities thrive over the long term. The community foundation has earned a reputation as a convener - with the ability to bring together different constituents to address critical issues facing the community. The community foundation of middlesex county works with the community on all aspects that make our community a great place to live, work, and play. Our interests are the community's interests, including animal welfare, arts and culture, health and social services, education, history, the environment, civic improvements, recreation, and economic security and opportunity. The community foundation of middlesex county was the fourth foundation in connecticut to gain compliance with the council on foundations' national standards for u.s. Community foundations, a rigorous review of standards in areas including governance, stewardship, donor relations, grant making and communications.

Form 990, Part XI, Line 9

Fundraising expenses reported net of revenue 10,549 fundraising expenses reported net of revenues -10,549

Financial Statement Notes

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

Fundraising expenses reported net of revenue 10,549

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

Fundraising expenses reported net of revenues 10,549

Raw XML AppendixShowing 400 of 1,056 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/MissionDesc0TO ASSIST AND PROMOTE THE WELL BEING OF THE INHABITANTS OF MIDDLESEX COUNTY AND ITS VICINITY BY, AMONG OTHER ACTIVITIES, ENGAGING IN CHARITABLE ACTIVITIES AND EXTENDING FINANCIAL AID THROUGH GRANTS, CONTRIBUTIONS, OR OTHER AID OR ASSISTANCE. OUR BACKGROUND AND WORK: THE COMMUNITY FOUNDATION IDEA IS SIMPLE ONE: ANYONE CAN BE A PHILANTHROPIST; ANYONE MAY USE IT TO GIVE BACK TO THE COMMUNITY. THE COMMUNITY FOUNDATION OF MIDDLESEX COUNTY REPRESENTS LOCAL PEOPLE, GIVING LOCALLY TO MAKE AN IMPACT ON THE LIVES OF OTHERS - NOT JUST FOR TODAY, BUT FOREVER. THE COMMUNITY FOUNDATION OF MIDDLESEX COUNTY IS UNIQUE. IT BEGAN AS A GRASS ROOTS EFFORT WITH MULTIPLE DONATIONS FROM COUNTLESS CARING DONORS. THAT TRADITION CONTINUES TODAY AS FRIENDS, NEIGHBORS, BUSINESSES, AND ORGANIZATIONS CONTINUE TO WORK TOGETHER, POOLING THEIR GIFTS, TO MAKE A POSITIVE IMPACT IN OUR COMMUNITY THROUGH THE COMMUNITY FOUNDATION. SINCE 1997, GENEROUS INDIVIDUALS, COMPANIES, INSTITUTIONS, ORGANIZATIONS, AND BUSINESSES HAVE
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