Civic Intelligence

Connecticut Hedge Fund Association

990EZ • Fiscal year 2016 • EIN 42-1646868

Jan 01, 2016 to Dec 31, 2016 • Filed on May 03, 2017

PO Box 628Granby, CT 06035

(203) 662-0088

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

72nd percentile

12%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

22nd percentile

-14%

Faster revenue growth than 22% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$102,536

Up $12,651 (+14%) from 2015

Net Assets

Up

$102,536

Up $12,651 (+14%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$109,960

Down $17,891 (-14%) from 2015

Expenses

Down

$97,309

Down $4,468 (-4.4%) from 2015

Net Income

Down

$12,651

Down $13,423 (-51%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2016

Assets$102,536
Liabilities$0
Net Assets$102,536

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$109,960
Expenses$97,309
Net Income$12,651
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 3, 2017
Return Version
2016v3.0
Gross Receipts
$109,960
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. Four informational events reached hundreds of industry participants on current issues and practices.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bruce McGuirePresident And DirectorPT$0--
Christopher EdgarVice President And DirectorPT$0--
William A Durkin IIISecretary And Director-$0--
Kevin A EdwardsTreasurer And Director-$0--
David A BurkeDirector-$0--
David HarmstonDirector-$0--
Matthew S EisenbergDirector-$0--
Filing and Contact Details

Filer

Filer Name
Connecticut Hedge Fund Association
EIN
42-1646868
Phone
2036620088
Address
PO Box 628, Granby, CT 06035

Signing Officer

Name
Kevin Edwards
Title
Treasurer
Phone
2036620088
Signed
2017-05-03
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Other expenses are related to providing informational events as well as web site content to members of the alternative investment industry

Raw XML Appendix140 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Kevin A Edwards
IRS990EZ/BooksInCareOfDetail/PhoneNum02036620088
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0One Atlantic Street
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt08th Floor
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Stamford
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006901
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt089885
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0102536
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt012651
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt089885
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0102536
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0109960
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt013200
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt089885
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0102536
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt089885
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0102536
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bruce McGuire
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Christopher Edgar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2William A Durkin III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kevin A Edwards
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David A Burke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5David Harmston
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Matthew S Eisenberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President and Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President and Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary and Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer and Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt097309
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The 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.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt096760
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To 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. Four informational events reached hundreds of industry participants on current issues and practices.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt097309
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0109960
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.cthedge.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other expenses are related to providing informational events as well as web site content to members of the alternative investment industry
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kevin Edwards
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02036620088
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Connecticut Hedge Fund Association
ReturnHeader/Filer/BusinessNameControlTxt0CONN
ReturnHeader/Filer/EIN0421646868
ReturnHeader/Filer/PhoneNum02036620088
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 628
ReturnHeader/Filer/USAddress/CityNm0Granby
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006035
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.192.25.188
ReturnHeader/ReturnTs02017-05-04T19:18:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings