Northwest Connecticut Chambereducation Foundation Inc
- Assets
- $25.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrington, CT
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 20-8919128
Organization Overview
Northwest Connecticut Chambereducation Foundation Inc is located in Torrington, CT. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Connecticut Chambereducation Foundation 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, Northwest Connecticut Chambereducation Foundation Inc generated $9.6k 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 (26.5%) each year. All expenses for the organization totaled $10.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Ryan President & CEO | 5 | $0 | |
Jacque Williams Chairwoman | 1 | $0 | |
Lance Leifert Treasurer | 1 | $0 | |
Maria Gonzalez Vice Chair | 1 | $0 | |
Carolyn Morrison Imdt. Past Chmn | 1 | $0 | |
Christine Emery Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,290 |
| Total Program Service Revenue | $3,240 |
| Membership dues | $0 |
| Investment income | $44 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,574 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,859 |
| Total expenses | $10,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,431 |
| Other assets | $0 |
| Total assets | $25,431 |
| Total liabilities | $12,133 |
| Net assets or fund balances | $13,298 |