Civic Intelligence

Conncorp LLC

EIN 82-3795053 • 501(c)3 • New Haven, CT

Profile

Our mission is to drive economic development and economic justice in impoverished communities by investing in local commercial and residential real estate, and minority-owned businesses.our vision is to create a community where all citizens are thriving economically, and socially.

4 Science ParkNew Haven, CT 06511

conncorp.org

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.71x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

7.81x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

97th percentile

92%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

32%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$81,175,577

Up $38,897,885 (+92%) from 2023

Liabilities

Up

$57,468,666

Up $36,310,851 (+172%) from 2023

Net Assets

Up

$23,706,911

Up $2,587,034 (+12%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin84th percentile

Revenue

Up

$7,356,863

Up $1,769,653 (+32%) from 2023

Expenses

Up

$4,769,829

Up $533,478 (+13%) from 2023

Net Income

Up

$2,587,034

Up $1,236,175 (+92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$100M$50M$0Assets 2021: $15,629,249Liabilities 2021: $204,343Net Assets 2021: $15,424,9062021Assets 2022: $36,784,901Liabilities 2022: $17,015,883Net Assets 2022: $19,769,0182022Assets 2023: $42,277,692Liabilities 2023: $21,157,815Net Assets 2023: $21,119,8772023Assets 2024: $81,175,577Liabilities 2024: $57,468,666Net Assets 2024: $23,706,9112024

Highlighted filing

2024

Assets$81,175,577
Liabilities$57,468,666
Net Assets$23,706,911
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2021: $1,823,300Expenses 2021: $894,765Net Income 2021: $928,5352021Revenue 2022: $7,168,100Expenses 2022: $2,823,988Net Income 2022: $4,344,1122022Revenue 2023: $5,587,210Expenses 2023: $4,236,351Net Income 2023: $1,350,8592023Revenue 2024: $7,356,863Expenses 2024: $4,769,829Net Income 2024: $2,587,0342024

Highlighted filing

2024

Revenue$7,356,863
Expenses$4,769,829
Net Income$2,587,034
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$81,175,577
Liabilities
$57,468,666
Net assets
$23,706,911
Revenue
$7,356,863
Expenses
$4,769,829
Net income
$2,587,034
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.2$57.5$23.7$7.36$4.77$2.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.3$21.2$21.1$5.59$4.24$1.35
2022Detailed filing. Detailed filing data is available for this year.$36.8$17.0$19.8$7.17$2.82$4.34
2021Detailed filing. Detailed filing data is available for this year.$15.6$0.20$15.4$1.82$0.89$0.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$7,423,607
Mission and Program Overview

Mission

Our mission is to drive economic development and economic justice in impoverished communities by investing in local commercial and residential real estate, and minority-owned businesses.our vision is to create a community where all citizens are thriving economically, and socially.

To drive economic development and economic justice in impoverished communities (see sch o)our mission is to drive economic development and economic justice in impoverished communities by investing in local commercial and residential real estate, and minority-owned businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,015,061$29,948,052▲ $6,932,991
Savings and Temporary Cash Investments$191,032$4,738,832▲ $4,547,800
Cash and Non-Interest-Bearing Accounts$440,163$4,073,769▲ $3,633,606
Pledges and Grants Receivable$579,360$393,237▼ $186,123
Accounts Receivable$33,490$64,278▲ $30,788
Inventories for Sale or Use$41,668$19,319▼ $22,349
Prepaid Expenses and Deferred Charges$38,378$10,048▼ $28,330
Total Assets$42,277,692$81,175,577▲ $38,897,885
Other Assets Total$17,938,540$41,928,042▲ $23,989,502
Liabilities
Other Liabilities$18,012,871$40,961,844▲ $22,948,973
Mortgage Notes Payable Secured by Investment Property$1,895,659$11,408,738▲ $9,513,079
Deferred Revenue$11,069$3,870,074▲ $3,859,005
Accounts Payable and Accrued Expenses$1,238,216$1,228,010▼ $10,206
Total Liabilities$21,157,815$57,468,666▲ $36,310,851
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,319,877$23,106,911▲ $2,787,034
Net Assets With Donor Restrictions$800,000$600,000▼ $200,000
Total Net Assets Fund Balance$21,119,877$23,706,911▲ $2,587,034
Total Liabilities and Net Assets / Fund Balance$42,277,692$81,175,577▲ $38,897,885

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,633,071$49,364$16,682,435
Other Land Buildings$13,171,582-$13,171,582
Equipment$143,399$279,577$422,976
Other Assets Org$7,184--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erik ClemonsCEO / President & SecretarPT$471,075$20,478$491,553
Anna BlandingCIOFT$261,601-$261,601
Paul MccravenVice PresidentFT$170,039$11,960$181,999
Andrew AschettinoCFOFT$129,496$8,038$137,534
Gideon GebreyesusVP of Food ServicesFT$119,381$5,419$124,800
Andrea TaylorHr DirectorFT$111,942$6,530$118,472
Jahkeeva K MorganDirector of the LabFT$108,893$6,134$115,027
Ian WilliamsVP of HousingFT$107,885$4,315$112,200
Elaine RoperVP of Culture and CommunityFT$101,144$4,700$105,844

Board Members and Trustees

NameTitle
Carlton L HighsmithBoard Chair / Treasurer
Alan BowieBoard Director
BRIDGET D'ANGELOBoard Director
Jesse PhillipsBoard Director
Kim HarrisBoard Director
Malcolm EllisBoard Director
Miles LasaterBoard Director
Nina SilvaBoard Director
Revenue and Support

Revenue Composition

Contributions and Grants
$6,433,745
Program Service Revenue
$530,434
Investment Income
$150,268
Other Revenue
$242,416
All Other Contributions
$2,926,516
Change in Net Assets
$2,587,034

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,356,863
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$66,744
Total Revenue per Audited Statements
$7,423,607
Total Revenue per Form 990
$7,356,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,555,333
Other Expenses$2,173,207
Total Fundraising Expense$59,578
Grants and Similar Amounts Paid$41,289
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$971,069$124,683-$1,095,752
Current Officers, Directors, Trustees, and Key Employees$1,031,671$41,095-$1,072,766
Interest$19,248$438,282-$457,530
Occupancy$431,633--$431,633
Other Employee Benefits$4,073$203,757-$207,830
Payroll Taxes$35,338$119,020-$154,358
Fees for Services Accounting-$152,802-$152,802
Depreciation Depletion$92,745$21,151-$113,896
Insurance$91,737$14,106-$105,843
Fees for Services Legal$37,740$42,634-$80,374
Other Expenses$20,005$45,372-$65,377
Advertising--$59,578$59,578
Fees for Services Other$14,351$44,431-$58,782
Office Expenses$29,099$27,791-$56,890
Information Technology$21,047$28,209-$49,256
Grants to Domestic Individuals$41,289--$41,289
Pension Plan Contributions-$24,627-$24,627
Travel$290$3,997-$4,287
Total Functional Expenses$3,373,346$1,336,905$59,578$4,769,829

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,836,573
Expenses per Audited Statements$4,769,829
Total Expenses per Form 990$4,769,829
Expenses Not Reported on Form 990$66,744
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$40,728,593
Third- Party Funds Held$233,251
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
Yes
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

“Connecticut center for arts & technology is the sole member of conncorp llc.”

Form 990, Part VI, Section A, Line 7A

“The member may, from time to time, appoint one or more persons to serve as manager or mangers, appoint persons to serve as successor managers, and terminate (with or without cause) the apppointment of any such person (or successor) and manager.”

Form 990, Part VI, Section A, Line 7B

“Only the member may amend the bylaws if the effect thereof would be to: (1) diminish in any way the rights of the members or (ii) change any of the rules of eligibility, admission, retention, withdrawal, or explusion applicable to members.”

Form 990, Part VI, Section B, Line 11B

“Conncorp's form 990 is prepared with the assistance of an independent accounting firm. Management reviews the initial draft of the return. The return is presented to the finance committee of the board of directors. The form 990 is then distributed to the full board of directors for review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. There were no infractions during the year.”

Form 990, Part VI, Section B, Line 15

“The compensation of the president/ceo included a review and approval by independent persons, comparability data and substantiation of the decision.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Conncorp LLC
EIN
82-3795053
Phone
2038239823
Address
4 SCIENCE PARK, NEW HAVEN, CT 06511

Signing Officer

Name
Erik Clemons
Title
CEO & President
Phone
2038239823
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erik Clemons
Formed
2021
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
8
Employees
28
Volunteers
8

Preparer

Firm
Cbiz Advisors LLC
Address
53 STATE STREET, BOSTON, MA 02109
Preparer
Kristen Cummings
Phone
6178075000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Below is an excerpt from footnote 1 of the audited financial statements for connecticut center for arts and technology and affiliates. The center has been recognized by the internal revenue service (irs) as a not-for-profit corporation as described in section 501(c)(3) of the code and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. In addition, the center qualifies for the charitable contribution deduction under code section 170(b)(1)(a)(vi) and has been classified as an organization that is not a private foundation under section 170(b)(1)(a)(ii). Until september 2021, conncorp and its wholly owned subsidiaries were treated as disregarded entities for federal income tax purposes, in accordance with single member limited liability company rules. All tax effects of conncorp and its wholly owned subsidiaries income or losses were passed through to the center. Conncorp applied for and received tax exemption from the irs effective september 23, 2021. Conncorp is classified as an organization that is not a private foundation under section 170(b)(1)(a)(vi). The wholly owned subsidiaries are treated as disregarded entities for federal income tax purposes, in accordance with single member limited liability company rules. All tax effects of the wholly owned subsidiaries income or losses are passed through to conncorp. Therefore, no provision or liability for federal income taxes is included within these consolidated financial statements. Management has analyzed the tax positions taken by the organization and has concluded that as of december 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods pending or in progress.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted with rental income 66,744.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted with rental income 66,744.”

Raw XML AppendixShowing 400 of 820 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01238216
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01228010
IRS990/AccountsReceivableGrp/BOYAmt033490
IRS990/AccountsReceivableGrp/EOYAmt064278
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO DRIVE ECONOMIC DEVELOPMENT AND ECONOMIC JUSTICE IN IMPOVERISHED COMMUNITIES (SEE SCH O)OUR MISSION IS TO DRIVE ECONOMIC DEVELOPMENT AND ECONOMIC JUSTICE IN IMPOVERISHED COMMUNITIES BY INVESTING IN LOCAL COMMERCIAL AND RESIDENTIAL REAL ESTATE, AND MINORITY-OWNED BUSINESSES.
IRS990/AdvertisingGrp/FundraisingAmt059578
IRS990/AdvertisingGrp/TotalAmt059578
IRS990/AllOtherContributionsAmt02926516
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0LOVEL CASSELLS
IRS990/BooksInCareOfDetail/PhoneNum09147556989
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04 SCIENCE PARK
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW HAVEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006511
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0440163
IRS990/CashNonInterestBearingGrp/EOYAmt04073769
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt041095
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt01031671
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01072766
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06433745
IRS990/CYGrantsAndSimilarPaidAmt041289
IRS990/CYInvestmentIncomeAmt0150268
IRS990/CYOtherExpensesAmt02173207
IRS990/CYOtherRevenueAmt0242416
IRS990/CYProgramServiceRevenueAmt0530434
IRS990/CYRevenuesLessExpensesAmt02587034
IRS990/CYSalariesCompEmpBnftPaidAmt02555333
IRS990/CYTotalExpensesAmt04769829
IRS990/CYTotalFundraisingExpenseAmt059578
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07356863
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt011069
IRS990/DeferredRevenueGrp/EOYAmt03870074
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt021151
IRS990/DepreciationDepletionGrp/ProgramServicesAmt092745
IRS990/DepreciationDepletionGrp/TotalAmt0113896
IRS990/Desc0FOOD SERVICE - ORCHID HOSPITALITY CONTINUES TO PROVIDE FOOD SERVICES FOR THE LOCAL COMMUNITY THROUGH ITS CATERING COMPANY, PETAL'S MARKET, AND ORCHID CAFE. IT HAS GROWN TO A STAFF OF OVER 20 PEOPLE, MANY OF WHOM WERE TRAINED THROUGH OUR RELATED CULINARY PROGRAM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0800000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0600000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt028
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02117660
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FederatedCampaignsAmt06855
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0152802
IRS990/FeesForServicesAccountingGrp/TotalAmt0152802
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt042634
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt037740
IRS990/FeesForServicesLegalGrp/TotalAmt080374
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt044431
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014351
IRS990/FeesForServicesOtherGrp/TotalAmt058782
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120478
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt211960
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt118038
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt125419
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt136530
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt144700
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt154315
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt166134
IRS990/Form990PartVIISectionAGrp/PersonNm0CARLTON L HIGHSMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1ERIK CLEMONS
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL MCCRAVEN
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIDGET D'ANGELO
IRS990/Form990PartVIISectionAGrp/PersonNm4MALCOLM ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm5KIM HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm6MILES LASATER
IRS990/Form990PartVIISectionAGrp/PersonNm7JESSE PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm8NINA SILVA
IRS990/Form990PartVIISectionAGrp/PersonNm9ALAN BOWIE
IRS990/Form990PartVIISectionAGrp/PersonNm10ANNA BLANDING
IRS990/Form990PartVIISectionAGrp/PersonNm11ANDREW ASCHETTINO
IRS990/Form990PartVIISectionAGrp/PersonNm12GIDEON GEBREYESUS
IRS990/Form990PartVIISectionAGrp/PersonNm13ANDREA TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm14ELAINE ROPER
IRS990/Form990PartVIISectionAGrp/PersonNm15IAN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm16JAHKEEVA K MORGAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1471075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2170039
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10261601
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11129496
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12119381
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13111942
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14101144
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15107885
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16108893
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1150000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO / PRESIDENT & SECRETAR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP OF FOOD SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt13HR DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF CULTURE AND COMMUNITY
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OF HOUSING
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF THE LAB
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt03500374
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt041289
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt041289
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07423607
IRS990/GrossRentsGrp/RealAmt0306198
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt028209
IRS990/InformationTechnologyGrp/ProgramServicesAmt021047
IRS990/InformationTechnologyGrp/TotalAmt049256
IRS990/InsuranceGrp/ManagementAndGeneralAmt014106
IRS990/InsuranceGrp/ProgramServicesAmt091737
IRS990/InsuranceGrp/TotalAmt0105843
IRS990/InterestGrp/ManagementAndGeneralAmt0438282
IRS990/InterestGrp/ProgramServicesAmt019248
IRS990/InterestGrp/TotalAmt0457530
IRS990/InventoriesForSaleOrUseGrp/BOYAmt041668
IRS990/InventoriesForSaleOrUseGrp/EOYAmt019319
IRS990/InvestmentIncomeGrp/ExclusionAmt0150268
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0150268
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt045
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0328941
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023015061
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029948052
IRS990/LandBldgEquipCostOrOtherBssAmt030276993
IRS990/LegalDomicileStateCd0CT
IRS990/LessRentalExpensesGrp/RealAmt066744
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO DRIVE ECONOMIC DEVELOPMENT AND ECONOMIC JUSTICE IN IMPOVERISHED COMMUNITIES BY INVESTING IN LOCAL COMMERCIAL AND RESIDENTIAL REAL ESTATE, AND MINORITY-OWNED BUSINESSES.OUR VISION IS TO CREATE A COMMUNITY WHERE ALL CITIZENS ARE THRIVING ECONOMICALLY, AND SOCIALLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01895659
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011408738
IRS990/NetAssetsOrFundBalancesBOYAmt021119877
IRS990/NetAssetsOrFundBalancesEOYAmt023706911
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0239454
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0239454
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt020319877
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023106911
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0431633
IRS990/OccupancyGrp/TotalAmt0431633
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027791
IRS990/OfficeExpensesGrp/ProgramServicesAmt029099
IRS990/OfficeExpensesGrp/TotalAmt056890
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017938540
IRS990/OtherAssetsTotalGrp/EOYAmt041928042
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0203757
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04073
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0207830
IRS990/OtherExpensesGrp/Desc0CULINARY EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2PROGRAMS AND MEETINGS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04948
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt145372
IRS990/OtherExpensesGrp/ProgramServicesAmt0305185
IRS990/OtherExpensesGrp/ProgramServicesAmt1226826
IRS990/OtherExpensesGrp/ProgramServicesAmt220005
IRS990/OtherExpensesGrp/TotalAmt0310133
IRS990/OtherExpensesGrp/TotalAmt1226826
IRS990/OtherExpensesGrp/TotalAmt265377
IRS990/OtherLiabilitiesGrp/BOYAmt018012871
IRS990/OtherLiabilitiesGrp/EOYAmt040961844
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0EBT / SNAP INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02962
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02962
IRS990/OtherRevenueTotalAmt02962
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0124683
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0971069
IRS990/OtherSalariesAndWagesGrp/TotalAmt01095752
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0119020
IRS990/PayrollTaxesGrp/ProgramServicesAmt035338
IRS990/PayrollTaxesGrp/TotalAmt0154358
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt024627
IRS990/PensionPlanContributionsGrp/TotalAmt024627
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0579360
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0393237
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038378
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010048
IRS990/PrincipalOfficerNm0ERIK CLEMONS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0CULINARY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0530434
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0530434
IRS990/ProgSrvcAccomActy2Grp/Desc0"ECONOMIC IMPACT LAB - THE LAB HAS SUCCESSFULLY PARTNERED WITH QUINNIPIAC UNIVERSITY TO ESTABLISH A ROBUST ENTREPRENEURIAL TRAINING PROGRAM, WHICH GRADUATED 40 CLIENTS THIS PAST YEAR. THE LAB HAS ALSO HOSTED ONGOING BUSINESS RELATED SEMINARS, AND PROVIDED TECHNICAL SUPPORT THROUGH IT'S BUSINESS INCUBATOR. THE LAB WAS ALSO SUCCESSFUL IN OBTAINING A FOUR MILLION DOLLAR SBA GRANT, PRIMARILY TO COMPLETE THE RENOVATION OF TWO MORE FLOORS TO BE USED AS INCUBATOR SPACE TO MEET THE GROWINGDEMAND."
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0785725
IRS990/ProgSrvcAccomActy3Grp/Desc0CONNCAT PLACE ON DIXWELL - CONNCORP HAS BROKEN GROUND AND STARTED CONSTRUCTION ON THE FIRST BUILDING AS PART OF A MAJOR MIXED-USE DEVELOPMENT. THE DEVELOPMENT WILL INCLUDE A TRAINING CENTER, 184 UNITS OF HOUSING, PERFORMING ARTS CENTER, A GROCERY,VARIOUS RETAIL AND A DAYCARE CENTER.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0252410
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CONNCORP IS FOCUSED ON ECONOMIC DEVELOPMENT IN NEW HAVEN. CONNCORP WAS DESIGNED TO ADVANCE CONNCAT'S MISSION TO PROVIDE OPPORTUNITIES TO NEW HAVEN'S UNDERSERVED RESIDENTS. ADDITIONAL KEY ACTIVITIES INCLUDE THE ACQUISITION AND REVITALIZATION OF COMMERCIAL PROPERTIES AS WELL AS INVESTMENT IN NEW AND EXISTING LOCAL COMMUNITY-BASED BUSINESSES. CONNCORP ALSO SEEKS TO ATTRACT BUSINESSES TO NEW HAVEN AND, ULTIMATELY, TO CATALYZE AND SUPPORT A PLACE-BASED IMPACT INVESTING ECOSYSTEM IN THE CITY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0217551
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt041289
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04772565
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt015000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01811431
IRS990/PYOtherRevenueAmt0312086
IRS990/PYProgramServiceRevenueAmt0502559
IRS990/PYRevenuesLessExpensesAmt01350859
IRS990/PYSalariesCompEmpBnftPaidAmt02409920
IRS990/PYTotalExpensesAmt04236351
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05587210
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02587034
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0239454
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0533396
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0191032
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04738832
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2022 AMOUNT: $ 1,001. 2023 AMOUNT: $ 1,124. 2024 AMOUNT: $ 2,962.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06433745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04772565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07378638
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01743454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020328402
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0456466
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0343806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0323826
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037668
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01161766
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01372716
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02962
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01124
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01001
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05087
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt06444288
IRS990ScheduleA/SubstantialContributorsTotAmt013884114
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06433745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04772565
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07378638
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01743454
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020328402
IRS990ScheduleA/TotalSupportAmt021495255
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.