Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Leadingage Connecticut Inc
EIN 51-0197198 • 501(c)6 • Wallingford, CT
Profile
Leadingage connecticut is an association dedicated to advancing the quality of services and care for older adults and chronically ill individuals in the setting of their choice by leading, educating, representing, advocating and servicing its members who are mission-driven, not-for-profit providers representing the continuum.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.64x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Balance Sheet
Assets
Up$1,508,866
Up $109,905 (+7.9%) from 2023
Liabilities
Up$966,139
Up $95,055 (+11%) from 2023
Net Assets
Up$542,727
Up $14,850 (+2.8%) from 2023
Revenue
Up$1,178,390
Up $47,229 (+4.2%) from 2023
Expenses
Up$1,163,540
Up $59,590 (+5.4%) from 2023
Net Income
Down$14,850
Down $12,361 (-45%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,508,866
- Liabilities
- $966,139
- Net assets
- $542,727
- Revenue
- $1,178,390
- Expenses
- $1,163,540
- Net income
- $14,850
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 12, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $1,178,390
Mission and Program Overview
Mission
Leadingage connecticut is an association dedicated to advancing the quality of services and care for older adults and chronically ill individuals in the setting of their choice by leading, educating, representing, advocating and servicing its members who are mission-driven, not-for-profit providers representing the continuum.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $726,029 | $859,177 | ▲ $133,148 |
| Savings and Temporary Cash Investments | $548,162 | $558,936 | ▲ $10,774 |
| Investments Other Securities | $20,250 | $20,250 | → $0 |
| Prepaid Expenses and Deferred Charges | $10,308 | $9,332 | ▼ $976 |
| Land, Buildings, and Equipment, Net | $5,195 | $5,177 | ▼ $18 |
| Total Assets | $1,398,961 | $1,508,866 | ▲ $109,905 |
| Other Assets Total | $89,017 | $55,994 | ▼ $33,023 |
| Liabilities | |||
| Deferred Revenue | $737,405 | $859,744 | ▲ $122,339 |
| Other Liabilities | $88,217 | $55,144 | ▼ $33,073 |
| Accounts Payable and Accrued Expenses | $45,462 | $51,251 | ▲ $5,789 |
| Total Liabilities | $871,084 | $966,139 | ▲ $95,055 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $527,877 | $542,727 | ▲ $14,850 |
| Total Net Assets Fund Balance | $527,877 | $542,727 | ▲ $14,850 |
| Total Liabilities and Net Assets / Fund Balance | $1,398,961 | $1,508,866 | ▲ $109,905 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $5,177 | $98,469 | $103,646 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Margaret Morelli | President | FT | $229,855 | $8,064 | $237,919 |
Board Members and Trustees
| Name | Title |
|---|---|
| Jonathan Reiner | Chairman |
| Jon Paul Venoit | Vice Chairman |
| Andrew Banoff | Director |
| David Lawlor | Director |
| Eric Dana | Director |
| Gustave Keach-longo | Director |
| Lisa Clark | Director |
| Lisa Connolly | Director |
| Michael Rambarose | Director |
| Patricia Morse | Director |
| Renee Bernasconi | Director |
| William Fairbairn | Director |
| Brian Bedard | Secretary |
| Carol Fitzgerald | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,091,219
- Investment Income
- $28,930
- Other Revenue
- $58,241
- Change in Net Assets
- $14,850
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $633,085 |
| Salaries, Compensation, and Employee Benefits | $530,455 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $238,465 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $237,919 |
| Fees for Services Lobbying | - | - | - | $85,697 |
| Fees for Services Legal | - | - | - | $67,472 |
| Conferences and Meetings | - | - | - | $46,378 |
| Occupancy | - | - | - | $38,306 |
| Payroll Taxes | - | - | - | $33,613 |
| Fees for Services Other | - | - | - | $28,321 |
| Information Technology | - | - | - | $20,355 |
| Office Expenses | - | - | - | $16,549 |
| Other Employee Benefits | - | - | - | $13,304 |
| Insurance | - | - | - | $10,279 |
| Pension Plan Contributions | - | - | - | $7,154 |
| Other Expenses | - | - | - | $6,650 |
| All Other Expenses | - | - | - | $6,007 |
| Fees for Services Accounting | - | - | - | $3,130 |
| Depreciation Depletion | - | - | - | $1,523 |
| Travel | - | - | - | $1,143 |
| Total Functional Expenses | $0 | $0 | $0 | $1,163,540 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- No
- Subject to proxy tax
- Yes
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Operating Lease Liabilities | $55,144 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- 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
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Provider membership - governmental and not-for-profit organizations exempt from taxation under sections 501(c)(3) or 501(c)(4) of the code whose principal function is to provide for older adults and chronically ill. Affiliate membership - providers not otherwise eligible as providers and who are interested in furthering the objective of leadingage ct. Business affiliate membership - individuals, agencies and organizations from related fields who are interested in furthering the objective of leadingage ct. Education membership - individuals who are not employed by organizations eligible for provider membership who are interested in furthering their education in long-term care and aging services through attending leadingage ct's educational programs.”
Form 990, Part VI, Section A, Line 7A
“At each annual meeting, the provider members shall elect the board of directors by majority vote.”
Form 990, Part VI, Section A, Line 7B
“Provider members must approve annual provider member dues and other charges. Provider members also must approve any changes to the bylaws.”
Form 990, Part VI, Section B, Line 11B
“Form 990 is provided to the board of directors prior to the return being filed. Form 990 is reviewed by the president and the treasurer prior to the return being filed.”
Form 990, Part VI, Section B, Line 12C
“The president reviews all board members' conflict of interest forms submitted on an annual basis. The president reports to the board of directors any and all conflicts noted. Implementation includes ensuring that all board members receive a copy of the policy and comply with disclosure requirements and that all interests disclosed through that process are brought to the attention of the board of directors during any deliberations that may affect or be affected by the interest.”
Form 990, Part VI, Section B, Line 15A
“The executive committee of the board of directors performs an annual review of the president. A salary comparison of other similar state associations, obtained through leadingage (national), is reviewed and used as a guideline to establish the compensation of the president. This deliberation and subsequent decision is documented. There are no other compensated officers or key employees.”
Form 990, Part VI, Section C, Line 19
“Leadingage ct does not make its governing documents, conflict of interest policy or financial statements available to the public.”
Filing and Contact Details
Filer
- Filer Name
- Leadingage Connecticut Inc
- EIN
- 51-0197198
- Phone
- 2036784477
- Address
- 110 BARNES ROAD, WALLINGFORD, CT 06492
Signing Officer
- Name
- Margaret Morelli
- Title
- President
- Phone
- 2036784477
- Signed
- 2025-06-12
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Margaret Morelli
- Formed
- 1975
- Legal Domicile
- Ct
- Voting Board Members
- 14
- Independent Board Members
- 14
- Employees
- 5
- Volunteers
- 14
Preparer
- Firm
- SEWARD AND MONDE CPA'S
- Address
- 296 STATE STREET, NORTH HAVEN, CT 06473-2165
- Preparer
- Gayle a Carbone
- Phone
- 2032489341
Supplemental Narrative
Financial Statement Notes
PART X, LINE 2:
“Leadingage evaluates all significant tax positions as required by u.s. Generally accepted accounting principles. As of december 31, 2024, leadingage does not believe that it has taken any positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next year.”
Raw XML AppendixShowing 400 of 481 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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 51251 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 859177 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | LEADINGAGE CONNECTICUT IS AN ASSOCIATION DEDICATED TO ADVANCING THE QUALITY OF SERVICES AND CARE FOR OLDER ADULTS AND CHRONICALLY ILL INDIVIDUALS IN THE SETTING OF THEIR CHOICE BY LEADING, EDUCATING, REPRESENTING, ADVOCATING AND SERVICING ITS MEMBERS WHO ARE MISSION-DRIVEN, NOT-FOR-PROFIT PROVIDERS REPRESENTING THE CONTINUUM. |
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| IRS990/Desc | 0 | TO ASSURE HEALTHY, AFFORDABLE AND ETHICAL HOUSING, SERVICES AND CARE FOR OLDER ADULTS AND THE CHRONICALLY ILL AND TO PROMOTE RECOGNITION OF THE NOT-FOR-PROFIT PROVIDERS OF SUCH HOUSING, SERVICES AND CARE. THIS IS DONE THROUGH PUBLIC POLICY ADVOCACY AND THROUGH THE PUBLIC PROMOTION OF NOT-FOR-PROFIT SERVICES, SUPPORTS AND HOUSING FOR OLDER ADULTS AND THE CHRONICALLY ILL IN CONNECTICUT. SUCH PUBLIC PROMOTION INCLUDES, BUT IS NOT LIMITED TO, AN INFORMATIONAL WEBSITE ACCESSIBLE TO THE PUBLIC AND INFORMATIONAL CONSUMER PUBLICATIONS. |
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| IRS990/MissionDesc | 0 | LEADINGAGE CONNECTICUT IS AN ASSOCIATION DEDICATED TO ADVANCING THE QUALITY OF SERVICES AND CARE FOR OLDER ADULTS AND CHRONICALLY ILL INDIVIDUALS IN THE SETTING OF THEIR CHOICE BY LEADING, EDUCATING, REPRESENTING, ADVOCATING AND SERVICING ITS MEMBERS WHO ARE MISSION-DRIVEN, NOT-FOR-PROFIT PROVIDERS REPRESENTING THE CONTINUUM. |
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| IRS990/OtherExpensesGrp/Desc | 3 | SPECIAL SERVICES |
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| IRS990/ProgramServiceRevenueGrp/Desc | 1 | EDUCATION PROGRAMS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | TRADE SHOW |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | ANNUAL MEETING |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | TO PRODUCE AND PROMOTE EDUCATIONAL OPPORTUNITIES FOR THE AGING SERVICES WORKFORCE AND THE LEADERSHIP TEAMS OF OUR MEMBERS. SUCH OPPORTUNITIES ARE INCLUSIVE OF THE FULL CONTINUUM OF LONG TERM SERVICES, SUPPORTS AND HOUSING AND INCLUDE MEMBERSHIP MEETINGS TO PROMOTE THE MUTUAL EXCHANGE OF INFORMATION AND IDEAS, MEETINGS OF PROFESSIONAL COUNCILS AND ROUNDTABLES, FREQUENT EDUCATION PROGRAMS, A LEADERSHIP DEVELOPMENT PROGRAM AND AN ANNUAL TRADE SHOW AND CONFERENCE. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | TO PROVIDE TIMELY AND RELEVANT INFORMATION, UPDATES AND GUIDANCE TO OUR MEMBER ORGANIZATIONS. THIS IS DONE THROUGH NEWSLETTERS, PRESENTATIONS AND OTHER MEANS OF COMMUNICATION. |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OPERATING LEASE LIABILITIES |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | LEADINGAGE EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. AS OF DECEMBER 31, 2024, LEADINGAGE DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PROVIDER MEMBERSHIP - GOVERNMENTAL AND NOT-FOR-PROFIT ORGANIZATIONS EXEMPT FROM TAXATION UNDER SECTIONS 501(C)(3) OR 501(C)(4) OF THE CODE WHOSE PRINCIPAL FUNCTION IS TO PROVIDE FOR OLDER ADULTS AND CHRONICALLY ILL. AFFILIATE MEMBERSHIP - PROVIDERS NOT OTHERWISE ELIGIBLE AS PROVIDERS AND WHO ARE INTERESTED IN FURTHERING THE OBJECTIVE OF LEADINGAGE CT. BUSINESS AFFILIATE MEMBERSHIP - INDIVIDUALS, AGENCIES AND ORGANIZATIONS FROM RELATED FIELDS WHO ARE INTERESTED IN FURTHERING THE OBJECTIVE OF LEADINGAGE CT. EDUCATION MEMBERSHIP - INDIVIDUALS WHO ARE NOT EMPLOYED BY ORGANIZATIONS ELIGIBLE FOR PROVIDER MEMBERSHIP WHO ARE INTERESTED IN FURTHERING THEIR EDUCATION IN LONG-TERM CARE AND AGING SERVICES THROUGH ATTENDING LEADINGAGE CT'S EDUCATIONAL PROGRAMS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AT EACH ANNUAL MEETING, THE PROVIDER MEMBERS SHALL ELECT THE BOARD OF DIRECTORS BY MAJORITY VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PROVIDER MEMBERS MUST APPROVE ANNUAL PROVIDER MEMBER DUES AND OTHER CHARGES. PROVIDER MEMBERS ALSO MUST APPROVE ANY CHANGES TO THE BYLAWS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO THE RETURN BEING FILED. FORM 990 IS REVIEWED BY THE PRESIDENT AND THE TREASURER PRIOR TO THE RETURN BEING FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PRESIDENT REVIEWS ALL BOARD MEMBERS' CONFLICT OF INTEREST FORMS SUBMITTED ON AN ANNUAL BASIS. THE PRESIDENT REPORTS TO THE BOARD OF DIRECTORS ANY AND ALL CONFLICTS NOTED. IMPLEMENTATION INCLUDES ENSURING THAT ALL BOARD MEMBERS RECEIVE A COPY OF THE POLICY AND COMPLY WITH DISCLOSURE REQUIREMENTS AND THAT ALL INTERESTS DISCLOSED THROUGH THAT PROCESS ARE BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS DURING ANY DELIBERATIONS THAT MAY AFFECT OR BE AFFECTED BY THE INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PERFORMS AN ANNUAL REVIEW OF THE PRESIDENT. A SALARY COMPARISON OF OTHER SIMILAR STATE ASSOCIATIONS, OBTAINED THROUGH LEADINGAGE (NATIONAL), IS REVIEWED AND USED AS A GUIDELINE TO ESTABLISH THE COMPENSATION OF THE PRESIDENT. THIS DELIBERATION AND SUBSEQUENT DECISION IS DOCUMENTED. THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | LEADINGAGE CT DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | LEADINGAGE CONNECTICUT INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | INSTITUTE FOR LONG TERM CARE POLICY INC |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | EDUCATIONAL PROGRAMS ON LONG TERM CARE AND LEADERSHIP. |
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