Civic Intelligence

Connecticut Hedge Fund Association

990EZ • Fiscal year 2019 • EIN 42-1646868

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 21, 2020

Organization Profilewww.cthedge.org
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

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-47%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-51%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-43%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$29,253

Down $31,023 (-51%) from 2018

Net Assets

Down

$29,253

Down $31,023 (-51%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin6th percentile

Revenue

Down

$65,651

Down $49,551 (-43%) from 2018

Expenses

Down

$96,674

Down $22,994 (-19%) from 2018

Net Income

Down

-$31,023

Down $26,557 (-595%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

2019

Assets$29,253
Liabilities$0
Net Assets$29,253
Open 2019 Filing

Operations Trend

Revenue Growth6th percentile

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

2019

Revenue$65,651
Expenses$96,674
Net Income-$31,023
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 21, 2020
Return Version
2019v5.0
Gross Receipts
$65,651
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.--
Compensation and Service Providers
Top Officer Pay71st percentile

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--
Caitlin BrodieDirector-$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
2020-03-21
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Other expenses are related to providing informational events as well as website content to members of the alternative investment industry.”

Raw XML Appendix144 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,253
Liabilities
$0
Net assets
$29,253
Revenue
$65,651
Expenses
$96,674
Net income
-$31,023
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