Civic Intelligence

Connecticut Hedge Fund Association

EIN 42-1646868 • 501(c)6 • Darien, CT

990-N Coverage

Profile

The primary exempt purpose of the organization is to promote a favorable business climate for hedge funds operating within Connecticut and to provide networking and educational forums to all industry participants.

16 Rocaton RoadDarien, CT 06820

www.cthedge.org

Siviq Scores

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

Liabilities / Assets

98th percentile

2.36x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

3.03x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

3rd percentile

-377%

Higher net margin than 3% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

10th percentile

-58%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

63rd percentile

8.8%

Faster revenue growth than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$4,741

Down $6,667 (-58%) from 2020

Liabilities

Up

$11,195

Up $7,270 (+185%) from 2020

Net Assets

Down

-$6,454

Down $13,937 (-186%) from 2020

Operations
Liabilities / Revenue99th percentileNet Margin3rd percentile

Revenue

Up

$3,700

Up $300 (+8.8%) from 2020

Expenses

Down

$17,637

Down $7,533 (-30%) from 2020

Net Income

Up

-$13,937

Up $7,833 (+36%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$150K$100K$50K$0-$50KAssets 2011: $29,632Liabilities 2011: $02011Assets 2012: $8,304Liabilities 2012: $02012Assets 2013: $36,219Liabilities 2013: $0Net Assets 2013: $36,2192013Assets 2014: $63,811Liabilities 2014: $0Net Assets 2014: $63,8112014Assets 2015: $89,885Liabilities 2015: $0Net Assets 2015: $89,8852015Assets 2016: $102,536Liabilities 2016: $0Net Assets 2016: $102,5362016Assets 2017: $64,742Liabilities 2017: $0Net Assets 2017: $64,7422017Assets 2018: $60,276Liabilities 2018: $0Net Assets 2018: $60,2762018Assets 2019: $29,253Liabilities 2019: $0Net Assets 2019: $29,2532019Assets 2020: $11,408Liabilities 2020: $3,925Net Assets 2020: $7,4832020Assets 2021: $4,741Liabilities 2021: $11,195Net Assets 2021: -$6,4542021

Highlighted filing

2021

Assets$4,741
Liabilities$11,195
Net Assets-$6,454
Open 2021 Filing

Operations Trend

Revenue Growth63rd percentile

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

$200K$100K$0-$100KRevenue 2011: $186,820Expenses 2011: $177,867Net Income 2011: $8,9532011Revenue 2012: $73,299Expenses 2012: $94,627Net Income 2012: -$21,3282012Revenue 2013: $123,510Expenses 2013: $95,595Net Income 2013: $27,9152013Revenue 2014: $133,624Expenses 2014: $106,032Net Income 2014: $27,5922014Revenue 2015: $127,851Expenses 2015: $101,777Net Income 2015: $26,0742015Revenue 2016: $109,960Expenses 2016: $97,309Net Income 2016: $12,6512016Revenue 2017: $95,538Expenses 2017: $133,332Net Income 2017: -$37,7942017Revenue 2018: $115,202Expenses 2018: $119,668Net Income 2018: -$4,4662018Revenue 2019: $65,651Expenses 2019: $96,674Net Income 2019: -$31,0232019Revenue 2020: $3,400Expenses 2020: $25,170Net Income 2020: -$21,7702020Revenue 2021: $3,700Expenses 2021: $17,637Net Income 2021: -$13,9372021

Highlighted filing

2021

Revenue$3,700
Expenses$17,637
Net Income-$13,937
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,741
Liabilities
$11,195
Net assets
-$6,454
Revenue
$3,700
Expenses
$17,637
Net income
-$13,937
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.11$0.06$0.04$0.18$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.11$0.04$0.07$0.03$0.25$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.66$0.97$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.15$1.20$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.96$1.33$0.38
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$1.10$0.97$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.28$1.02$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$1.34$1.06$0.28
2013Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.24$0.96$0.28
2012Summary only. Only limited summary data is available for this year.$0.08$0.00$0.73$0.95$0.21
2011Summary only. Only limited summary data is available for this year.$0.30$0.00$1.87$1.78$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 22, 2022
Return Version
2021v4.0
Gross Receipts
$3,700
Mission and Program Overview

Mission

The primary exempt purpose of the organization is to promote a favorable business climate for hedge funds operating within Connecticut and to provide networking and educational forums to all industry participants.

Program Services

DescriptionGrantsExpenses
To raise the profile of the absolute return investment industry and to promote sound business practices among its participants, and to act as a technical and intellectual resource to policy makers.--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bruce McGuirePresident And DirectorPT$0--
Christopher EdgarVice President And Director-$0--
David A BurkeDirector-$0--
Eric VincentDirector-$0--
Filing and Contact Details

Filer

Filer Name
Connecticut Hedge Fund Association
EIN
42-1646868
Phone
2036620088
Address
16 Rocaton Road, Darien, CT 06820

Signing Officer

Name
Bruce McGuire
Title
President
Phone
2036620088
Signed
2022-04-22
Discuss with paid preparer
Yes

Preparer

Firm
Erik Krieg
Address
28 Linden Drive, Walden, NY 12586
Preparer
Erik Krieg
Phone
9142220881
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Credit Card Fees;1467|Bank Fees;131|Insurance;3260|Dues and Subscriptions;665|Software;3589|Advertising and Marketing;1004|Interest Expense;1408|Travel;274|Taxes and Licenses;150|Computer and Internet;1216^Total;13164^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^American Express CC;11195^Total;11195^”

Raw XML Appendix135 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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