Leadership Greater Hartford Inc
- Assets
- $811.7k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Hartford, CT
- Founding
- 06/1988
- Data as of
- 12/2022
- EIN
- 06-1167174
Organization Overview
Leadership Greater Hartford Inc is located in Hartford, CT. The organization was established in 1988. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Leadership Greater Hartford Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Greater Hartford Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Leadership Greater Hartford Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $879.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, CONNECT AND INSPIRE DIVERSE LEADERS TO BUILD STRONG AND VIBRANT COMMUNITIES.
Describe the Organization's Program Activity:
VARIOUS CLASSES AND INITIATIVES TO ADVANCE COMMUNITY LEADERSHIP PRIMARILY IN THE GREATER HARTFORD AREA. APPROXIMATELY 3,600 PEOPLE PARTICIPATED IN THE ORGANIZATION'S PROGRAMS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larisa Kottke President & | Officer | 40 | $107,301 |
Sara Allen Director | Trustee | 1 | $0 |
Liany E Arroyo Director | Trustee | 1 | $0 |
Michael Avicolli Director | Trustee | 1 | $0 |
Adam Barbash Director | Trustee | 1 | $0 |
David I Brandwein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,855 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $575,459 |
| Noncash contributions included in lines 1a–1f | $5,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $637,314 |
| Total Program Service Revenue | $403,058 |
| Investment income | $212 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,046,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,065 |
| Compensation of current officers, directors, key employees. | $25,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $395,931 |
| Pension plan accruals and contributions | $25,233 |
| Other employee benefits | $20,929 |
| Payroll taxes | $36,190 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,485 |
| Fees for services: Accounting | $36,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,209 |
| Advertising and promotion | $0 |
| Office expenses | $32,649 |
| Information technology | $44,080 |
| Royalties | $0 |
| Occupancy | $33,732 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $243 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,951 |
| Insurance | $9,399 |
| All other expenses | $0 |
| Total functional expenses | $879,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,425 |
| Savings and temporary cash investments | $208,225 |
| Pledges and grants receivable | $419,082 |
| Accounts receivable, net | $58,734 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,871 |
| Net Land, buildings, and equipment | $12,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $69,272 |
| Total assets | $811,748 |
| Accounts payable and accrued expenses | $46,284 |
| Grants payable | $0 |
| Deferred revenue | $64,615 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $69,377 |
| Total liabilities | $180,276 |
| Net assets without donor restrictions | $623,504 |
| Net assets with donor restrictions | $7,968 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $811,748 |