Civic Intelligence

Connecticut Apartment Association Inc

EIN 10-0006520 • 501(c)6 • West Hartford, CT

Profile

The goals and objectives of the connecticut apartment association (ctaa) are designed to advance and protect the welfare of the apartment industry in connecticut.

PO Box 271381West Hartford, CT 06107

www.ctaahq.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.25x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.34x

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

501(c)6 • $500k-$1M nonprofits • Source year 2023

Net Margin

88th percentile

26%

Higher net margin than 88% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

97th percentile

78%

Faster asset growth than 97% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

91st percentile

49%

Faster revenue growth than 91% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$577,054

Up $67,379 (+13%) from 2023

Liabilities

Down

$89,679

Down $37,204 (-29%) from 2023

Net Assets

Up

$487,375

Up $104,583 (+27%) from 2023

Revenue

Up

$494,137

Up $123,669 (+33%) from 2023

Expenses

Up

$389,554

Up $115,803 (+42%) from 2023

Net Income

Up

$104,583

Up $7,866 (+8.1%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $271,725Liabilities 2012: $0Net Assets 2012: $271,7252012Assets 2013: $257,981Liabilities 2013: $0Net Assets 2013: $257,9812013Assets 2014: $286,612Liabilities 2014: $0Net Assets 2014: $286,6122014Assets 2015: $267,355Liabilities 2015: $0Net Assets 2015: $267,3552015Assets 2016: $257,021Liabilities 2016: $0Net Assets 2016: $257,0212016Assets 2017: $242,997Liabilities 2017: $0Net Assets 2017: $242,9972017Assets 2018: $226,676Liabilities 2018: $0Net Assets 2018: $226,6762018Assets 2019: $200,720Liabilities 2019: $23,876Net Assets 2019: $176,8442019Assets 2020: $231,559Liabilities 2020: $9,210Net Assets 2020: $222,3492020Assets 2021: $280,437Liabilities 2021: $0Net Assets 2021: $280,4372021Assets 2022: $286,075Liabilities 2022: $0Net Assets 2022: $286,0752022Assets 2023: $509,675Liabilities 2023: $126,883Net Assets 2023: $382,7922023Assets 2024: $577,054Liabilities 2024: $89,679Net Assets 2024: $487,3752024

Highlighted filing

2024

Assets$577,054
Liabilities$89,679
Net Assets$487,375

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $75,622Expenses 2012: $109,387Net Income 2012: -$33,7652012Revenue 2013: $86,333Expenses 2013: $100,077Net Income 2013: -$13,7442013Revenue 2014: $73,760Expenses 2014: $45,129Net Income 2014: $28,6312014Revenue 2015: $84,828Expenses 2015: $104,085Net Income 2015: -$19,2572015Revenue 2016: $139,245Expenses 2016: $149,579Net Income 2016: -$10,3342016Revenue 2017: $157,103Expenses 2017: $171,127Net Income 2017: -$14,0242017Revenue 2018: $202,468Expenses 2018: $218,789Net Income 2018: -$16,3212018Revenue 2019: $157,418Expenses 2019: $207,250Net Income 2019: -$49,8322019Revenue 2020: $263,464Expenses 2020: $217,959Net Income 2020: $45,5052020Revenue 2021: $223,279Expenses 2021: $165,191Net Income 2021: $58,0882021Revenue 2022: $248,147Expenses 2022: $242,509Net Income 2022: $5,6382022Revenue 2023: $370,468Expenses 2023: $273,751Net Income 2023: $96,7172023Revenue 2024: $494,137Expenses 2024: $389,554Net Income 2024: $104,5832024

Highlighted filing

2024

Revenue$494,137
Expenses$389,554
Net Income$104,583

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 11, 2025
Return Version
2023v6.0
Gross Receipts
$725,351
Mission and Program Overview

Mission

The goals and objectives of the connecticut apartment association (ctaa) are designed to advance and protect the welfare of the apartment industry in connecticut.

To advance and protect the welfare of the apartment industry in connecticut

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$152,264$355,917▲ $203,653
Cash and Non-Interest-Bearing Accounts$340,992$205,731▼ $135,261
Prepaid Expenses and Deferred Charges$16,419$12,946▼ $3,473
Total Assets$509,675$577,054▲ $67,379
Other Assets Total$0$2,460▲ $2,460
Liabilities
Deferred Revenue$124,843$85,215▼ $39,628
Accounts Payable and Accrued Expenses$2,040$4,464▲ $2,424
Total Liabilities$126,883$89,679▼ $37,204
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$382,792$487,375▲ $104,583
Total Net Assets Fund Balance$382,792$487,375▲ $104,583
Total Liabilities and Net Assets / Fund Balance$509,675$577,054▲ $67,379
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelly KilhamImmediate Past President
Dragana LacorePresident
Morgan MillerPresident Elect
Cindy HarrisonAssociate Director
Steve WeirAssociate Director
Christopher CramptonDirector at Large
Pricilla GarciaDirector of Northern Ct
Rebecca MarlowDirector of Southern Ct
Andy LundLifetime Director
Carrie RowleyLifetime Director
Justin GabouryLifetime Director
Robert ChessonLifetime Director
Brent ReihlSecretary
Brian LemireTreasurer
James BrooksVP of Associate Affairs
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$508,669
Investment Income
$3,652
Other Revenue
$-18,184
Change in Net Assets
$104,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$255,506
Salaries, Compensation, and Employee Benefits$134,048
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$110,838
Travel---$54,427
Office Expenses---$54,110
Other Expenses---$41,898
Payroll Taxes---$11,760
Other Employee Benefits---$11,450
Fees for Services Accounting---$10,200
Insurance---$1,006
Fees for Services Other---$625
Advertising---$234
Total Functional Expenses$0$0$0$389,554
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$231,214
Fundraising Gross Income$213,030
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Awards/sponsorships$213,030$213,030$231,214$-18,184
Total Events$213,030$213,030$231,214$-18,184
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
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 A, Line 6

The association has members

Form 990, Part VI, Section A, Line 7A

The association has members

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

The form 990 is provided to the board of directors for review prior to being signed and filed

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

The association anually distributes a conflict of interest statement to all board members. Any board member with a known conflict of interest is recused from voting on the matter.

Form 990, Part VI, Section C, Line 19

Copies of governing documents, conflict of interest policy and financial statements are available to the public upon written request

Filing and Contact Details

Filer

Filer Name
Connecticut Apartment Association Inc
EIN
10-0006520
Phone
8603655725
Address
PO BOX 271381, WEST HARTFORD, CT 06107

Signing Officer

Name
Dragana Lacore
Title
President
Phone
8603655725
Signed
2025-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dragana Lacore
Formed
2001
Legal Domicile
Ct
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
0

Preparer

Firm
Whittlesey Pc
Address
14 BOBALA RD, HOLYOKE, MA 01040
Preparer
Thomas Dowling
Phone
4135363970
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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/ProgramServiceRevenueGrp/Desc2NATIONAL LEASE PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0326541
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1103750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt278378
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0326541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1103750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt278378
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt076
IRS990/PYOtherExpensesAmt0223586
IRS990/PYOtherRevenueAmt0-28785
IRS990/PYProgramServiceRevenueAmt0399177
IRS990/PYRevenuesLessExpensesAmt096717
IRS990/PYSalariesCompEmpBnftPaidAmt050165
IRS990/PYTotalExpensesAmt0273751
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0370468
IRS990/ReconcilationRevenueExpnssAmt0104583
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0152264
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0355917
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0231214
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AWARDS/SPONSORSHIPS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0213030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0213030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0213030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0213030
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-18184
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0231214
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0231214
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO BEING SIGNED AND FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION ANUALLY DISTRIBUTES A CONFLICT OF INTEREST STATEMENT TO ALL BOARD MEMBERS. ANY BOARD MEMBER WITH A KNOWN CONFLICT OF INTEREST IS RECUSED FROM VOTING ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0509675
IRS990/TotalAssetsEOYAmt0577054
IRS990/TotalAssetsGrp/BOYAmt0509675
IRS990/TotalAssetsGrp/EOYAmt0577054
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/TotalAmt0389554
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0126883
IRS990/TotalLiabilitiesEOYAmt089679
IRS990/TotalLiabilitiesGrp/BOYAmt0126883
IRS990/TotalLiabilitiesGrp/EOYAmt089679
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0382792
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0487375
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0508669
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-14532
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0508669
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0494137
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0509675
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0577054
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt054427
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0PO BOX 271381
IRS990/USAddress/CityNm0WEST HARTFORD
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006107
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.CTAAHQ.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DRAGANA LACORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08603655725
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONNECTICUT APARTMENT ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CONN
ReturnHeader/Filer/EIN0100006520
ReturnHeader/Filer/PhoneNum08603655725
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 271381
ReturnHeader/Filer/USAddress/CityNm0WEST HARTFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006107
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0060903326
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITTLESEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 BOBALA RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOLYOKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001040
ReturnHeader/PreparerPersonGrp/PhoneNum04135363970
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS DOWLING
ReturnHeader/ReturnTs02025-03-11T13:34:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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