Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
990 • Fiscal year 2017 • EIN 22-2973506
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
20th percentile
Higher top officer pay than 20% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
30th percentile
Faster revenue growth than 30% of similar nonprofits.
Assets
Down$7,303,665
Down $186,793 (-2.5%) from 2016
Net Assets
Up$6,535,792
Up $25,814 (+0.4%) from 2016
Liabilities
Down$767,873
Down $212,607 (-22%) from 2016
Revenue
Down$1,130,395
Down $20,839 (-1.8%) from 2016
Expenses
Down$1,104,581
Down $74,767 (-6.3%) from 2016
Net Income
Up$25,814
Up $53,928 (+192%) from 2016
Vision: secter is the lead regional economic development resource, stimulating growth and prosperity in southeastern connecticut mission: making southeastern connecticut stronger and more vibrant by 2030 values: secter believes: -in supporting and making our clients and communities successful -our board and staff are reflective of the clients we serve -in valuing our employees and rewarding integrity, teamwork innovation, and excellence -in collaborating with and being responsive to clients and partners -in being accountable fiscally and professionally to all stakeholders -in advocating for our clients, our services, and our community -in diversity and inclusiveness
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $4,324,387 | $4,859,659 | ▲ $535,272 |
| Investments Program Related | $1,865,486 | $1,988,307 | ▲ $122,821 |
| Savings and Temporary Cash Investments | $1,126,150 | $158,000 | ▼ $968,150 |
| Accounts Receivable | $120,786 | $130,470 | ▲ $9,684 |
| Cash and Non-Interest-Bearing Accounts | $630 | $108,062 | ▲ $107,432 |
| Pledges and Grants Receivable | $29,329 | $26,066 | ▼ $3,263 |
| Land, Buildings, and Equipment, Net | $6,131 | $16,707 | ▲ $10,576 |
| Prepaid Expenses and Deferred Charges | $17,559 | $16,394 | ▼ $1,165 |
| Total Assets | $7,490,458 | $7,303,665 | ▼ $186,793 |
| Liabilities | |||
| Other Liabilities | $866,864 | $664,259 | ▼ $202,605 |
| Accounts Payable and Accrued Expenses | $67,812 | $53,412 | ▼ $14,400 |
| Deferred Revenue | $45,804 | $50,202 | ▲ $4,398 |
| Total Liabilities | $980,480 | $767,873 | ▼ $212,607 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $6,156,899 | $6,144,691 | ▼ $12,208 |
| Unrestricted Net Assets | $353,079 | $391,101 | ▲ $38,022 |
| Total Net Assets Fund Balance | $6,509,978 | $6,535,792 | ▲ $25,814 |
| Total Liabilities and Net Assets / Fund Balance | $7,490,458 | $7,303,665 | ▼ $186,793 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $16,707 | $246,334 | $263,041 |
| Investment Program Related Org | $1,988,307 | - | - |
| Name | Title |
|---|---|
| Charles Seeman | Chairman |
| Ayanti Grant | Board Member |
| David Hammond | Board Member |
| Donna Simpson | Board Member |
| Ernest Muccio | Board Member |
| Gabriel Stern | Board Member |
| Gary Goeschel | Board Member |
| John Beauregard | Board Member |
| John W Bill Sheehan | Board Member |
| Maria Miranda | Board Member |
| Mark R Oefinger | Board Member |
| Naomi Otterness | Board Member |
| Patricia Paesani | Board Member |
| Paul Formica | Board Member |
| Robert Congdon | Board Member |
| Robert Mills | Board Member |
| Ronald Mcdaniel | Board Member |
| Sean Nugent | Board Member |
| Susan Adams | Board Member |
| Thayne Hutchins | Board Member |
| Todd Postler | Board Member |
| Tony Sheridan | Board Member |
| Zachary Tomblin | Board Member |
| Michael Carey | 1st Vice CHA |
| Richard Erickson | 2nd Vice CHA |
| Ed Dombroskas | Secretary |
| James Butler | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $808,251 |
| Other Expenses | $296,330 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $513,492 | $74,567 | - | $588,059 |
| Current Officers, Directors, Trustees, and Key Employees | - | $62,292 | - | $62,292 |
| Occupancy | $20,984 | $33,603 | - | $54,587 |
| Payroll Taxes | $43,518 | $10,863 | - | $54,381 |
| Pension Plan Contributions | $41,134 | $10,823 | - | $51,957 |
| Other Employee Benefits | $37,552 | $14,010 | - | $51,562 |
| Fees for Services Management | $25,577 | $24,733 | - | $50,310 |
| Fees for Services Accounting | - | $46,040 | - | $46,040 |
| Fees for Services Legal | $14,892 | $1,795 | - | $16,687 |
| Travel | $14,116 | $2,550 | - | $16,666 |
| All Other Expenses | $85,284 | $-70,792 | - | $14,492 |
| Conferences and Meetings | $10,764 | $3,161 | - | $13,925 |
| Office Expenses | $4,081 | $6,290 | - | $10,371 |
| Insurance | $3,269 | $5,217 | - | $8,486 |
| Advertising | $816 | $5,297 | - | $6,113 |
| Other Expenses | $4,427 | $1,314 | - | $5,741 |
| Depreciation Depletion | $205 | $3,344 | - | $3,549 |
| Total Functional Expenses | $860,076 | $244,505 | $0 | $1,104,581 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,104,581 |
| Total Expenses per Audited Statements | $1,104,581 |
| Total Expenses per Form 990 | $1,104,581 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Funding Source | $664,259 |
“The audited financial statement is reviewed with management, including the chairman and treasurer. Upon satisfactory completion of the review, the form 990 is reviewed by manangement and signed by the treasurer.”
“All officers & directors are required to sign written conflict of interest declarations which are reviewed by the board.”
“Annually, in december, the executive director submits a compensation report to the personnel committee for their review and approval. The personnel committee then confers. The executive director is informed of the decision and he then informs the staff. The personnel committee chair notifies the board that action has been completed, and upon request will provide detail.”
“Annually, in december, the executive director submits a compensation report for all emloyees to the personnel committee for their review and approval. The personnel committee then confers. The executive director is informed of the decision and he then informs the staff. The personnel committee chair notifies the board that action has been completed, and upon request will provide detail.”
“The governing documents of the organization are made available to the public upon request.”
“Vision: secter is the lead regional economic development resource, stimulating growth and prosperity in southeastern connecticut mission: making southeastern connecticut stronger and more vibrant by 2030 values: secter believes: -in supporting and making our clients and communities successful -our board and staff are reflective of the clients we serve -in valuing our employees and rewarding integrity, teamwork innovation, and excellence -in collaborating with and being responsive to clients and partners -in being accountable fiscally and professionally to all stakeholders -in advocating for our clients, our services, and our community -in diversity and inclusiveness”
“Expenses incurred to update the comprehensive economic development strategy.”
“The internal revenue service has determined that secter is exempt from federal income taxes on exempt function income as a public charity under section 501(c)(3) of the internal revenue code. Consequently, no provision for income taxes has been made in the accompanying financial statements. Secter did not recognize any liability for uncertain tax positions as defined by accounting principles generally accepted in the united states of america.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 67812 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 53412 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 120786 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 130470 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | VISION: SECTER IS THE LEAD REGIONAL ECONOMIC DEVELOPMENT RESOURCE, STIMULATING GROWTH AND PROSPERITY IN SOUTHEASTERN CONNECTICUT MISSION: MAKING SOUTHEASTERN CONNECTICUT STRONGER AND MORE VIBRANT BY 2030 VALUES: SECTER BELIEVES: -IN SUPPORTING AND MAKING OUR CLIENTS AND COMMUNITIES SUCCESSFUL -OUR BOARD AND STAFF ARE REFLECTIVE OF THE CLIENTS WE SERVE -IN VALUING OUR EMPLOYEES AND REWARDING INTEGRITY, TEAMWORK INNOVATION, AND EXCELLENCE -IN COLLABORATING WITH AND BEING RESPONSIVE TO CLIENTS AND PARTNERS -IN BEING ACCOUNTABLE FISCALLY AND PROFESSIONALLY TO ALL STAKEHOLDERS -IN ADVOCATING FOR OUR CLIENTS, OUR SERVICES, AND OUR COMMUNITY -IN DIVERSITY AND INCLUSIVENESS |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 5297 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 816 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 6113 |
| IRS990/AllOtherContributionsAmt | 0 | 98309 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | -70792 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 85284 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 14492 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | PATRICIA GLYNN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8604374659 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 19 THAMES STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GROTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06340 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 630 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 108062 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 62292 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 62292 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 3161 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 10764 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 13925 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 776806 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 252724 |
| IRS990/CYOtherExpensesAmt | 0 | 296330 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 100865 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 25814 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 808251 |
| IRS990/CYTotalExpensesAmt | 0 | 1104581 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1130395 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 45804 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 50202 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 3344 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 205 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3549 |
| IRS990/Desc | 0 | EXPENSES DIRECTLY INCURRED IN CONNECTION WITH THE PROCUREMENT TECHNICAL ASSISTANCE CENTER PROGRAM |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 12 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 608685 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 46040 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 46040 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1795 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 14892 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 16687 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 24733 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 25577 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 50310 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 23 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 24 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 25 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 26 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 23 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 24 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 25 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 26 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHARLES SEEMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MICHAEL CAREY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RICHARD ERICKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ED DOMBROSKAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JAMES BUTLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SUSAN ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOHN BEAUREGARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ROBERT CONGDON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | PAUL FORMICA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GARY GOESCHEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | AYANTI GRANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | DAVID HAMMOND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | THAYNE HUTCHINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | RONALD MCDANIEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | ROBERT MILLS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | MARIA MIRANDA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | ERNEST MUCCIO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | SEAN NUGENT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | MARK R OEFINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | NAOMI OTTERNESS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | PATRICIA PAESANI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | TODD POSTLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | JOHN W BILL SHEEHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | TONY SHERIDAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | DONNA SIMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 25 | GABRIEL STERN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 26 | ZACHARY TOMBLIN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | 1ST VICE CHA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | 2ND VICE CHA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1987 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 27 |
| IRS990/GovernmentGrantsAmt | 0 | 678497 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1130395 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 27 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5217 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3269 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8486 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 9090 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 243634 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 252724 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 1865486 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 1988307 |
| IRS990/IRPDocumentCnt | 0 | 37 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 246334 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6131 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 16707 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 263041 |
| IRS990/LegalDomicileStateCd | 0 | CT |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | VISION: SECTER IS THE LEAD REGIONAL ECONOMIC DEVELOPMENT RESOURCE, STIMULATING GROWTH AND PROSPERITY IN SOUTHEASTERN CONNECTICUT MISSION: MAKING SOUTHEASTERN CONNECTICUT STRONGER AND MORE VIBRANT BY 2030 VALUES: SECTER BELIEVES: -IN SUPPORTING AND MAKING OUR CLIENTS AND COMMUNITIES SUCCESSFUL -OUR BOARD AND STAFF ARE REFLECTIVE OF THE CLIENTS WE SERVE -IN VALUING OUR EMPLOYEES AND REWARDING INTEGRITY, TEAMWORK INNOVATION, AND EXCELLENCE -IN COLLABORATING WITH AND BEING RESPONSIVE TO CLIENTS AND PARTNERS -IN BEING ACCOUNTABLE FISCALLY AND PROFESSIONALLY TO ALL STAKEHOLDERS -IN ADVOCATING FOR OUR CLIENTS, OUR SERVICES, AND OUR COMMUNITY -IN DIVERSITY AND INCLUSIVENESS |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6509978 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6535792 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 33603 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 20984 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 54587 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6290 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 4081 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 10371 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 14010 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 37552 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 51562 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACTUAL FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | BID MATCH SUBSCRIPTION |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | EQUIPMENT RENTAL & MAINT. |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3487 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5911 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1314 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 27407 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 9250 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 3308 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4427 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 30894 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 9250 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 9219 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 5741 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 866864 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 664259 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 74567 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 513492 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 588059 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 4324387 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 4859659 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 10863 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 43518 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 54381 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 10823 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 41134 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 51957 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 29329 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 26066 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 17559 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 16394 |
| IRS990/PrincipalOfficerNm | 0 | CHARLES SEEMAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN COMMITMENT/SERVICE FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 100865 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 100865 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | EXPENSES DIRECTLY INCURRED IN CONNECTION WITH THE REVOLVING LOAN FUND GRANT PROGRAM. LOANS ARE MADE TO SOUTHEASTERN CT BUSINESSES TO PROMOTE JOB GROWTH IN THE AREA. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 146400 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | OTHER LOAN PROGRAMS TO HELP STIMULATE ECONOMIC GROWTH |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 9873 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | EXPENSES INCURRED TO UPDATE THE COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 95118 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 886880 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 242246 |
| IRS990/PYOtherExpensesAmt | 0 | 265950 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 22108 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -28114 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 913398 |
| IRS990/PYTotalExpensesAmt | 0 | 1179348 |
| IRS990/PYTotalRevenueAmt | 0 | 1151234 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.