Connecticut Captive Insurance Association Inc
- Assets
- $7.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Hartford, CT
- Founding
- 09/2013
- Data as of
- 06/2024
- EIN
- 45-4926404
Organization Overview
Connecticut Captive Insurance Association Inc is located in New Hartford, CT. The organization was established in 2013. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Captive Insurance Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2024, Connecticut Captive Insurance Association Inc generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $34.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ASSOCIATION IS TO SUPPORT THE GROWTH OF THE CAPTIVE INSURANCE MARKET IN CONNECTICUT. IT PROVIDES FOR A CAPTIVE INSURANCE INDUSTRY COMMUNICATIONS INTERFACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Levine Director | 1 | $0 | |
Thomas Hodson Director | 1 | $0 | |
Ryan Deming Treasurer | 1 | $0 | |
Bob Butler Director | 1 | $0 | |
Michael Serricchio Director | 1 | $0 | |
Stephen Dicenso Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $21,460 |
| Membership dues | $11,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,460 |
| 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 | $26,096 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,402 |
| Total expenses | $34,498 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,598 |
| Other assets | $0 |
| Total assets | $7,598 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,598 |