Connecticut Economic Resource in Rocky Hill, Connecticut (CT)

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Connecticut Economic Resource
Employer Identification Number (EIN)061369657
Name of OrganizationConnecticut Economic Resource
In Care of NameA Schmitz
Address805 Brook St Ste 4, Rocky Hill, CT 06067-3431
ActivitiesAttracting new industry or retaining industry in an area
SubsectionBoard of Trade
Ruling Date12/1994
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,500,061
Amount of Income$3,113,043
Form 990 Revenue Amount$3,113,043


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$3,272,652
Contributions, Gifts, Grants and Other Similar Amounts$1,393,200
Program Service Revenue$1,871,147
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,005
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$6,300
Gross rents (Real / Personal)$6,300 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$6,300 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$3,269,593
Compensation of current officers, directors, trustees, and key employees$403,926
Other salaries and wages$902,166
Payroll taxes$106,817
Professional fundraising services$0
Other$1,856,684
Balance Sheet (for 2012)
Total assets$1,447,836
Total liabilities$724,431
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$724,431
Total net assets or fund balances$723,405
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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