Form 990 for tax year 2022
Filed by THE NORTHWEST CONNECTICUT COMMUNITY FOUNDATION TRUST.
Totals
- Total revenue
- $287,627
- Total expenses
- $623,770
- Contributions and grants received
- $165,610
- Grants paid
- $470,774
- Program service revenue
- $0
- Investment income
- $122,017
- Other revenue
- $0
- Total assets, end of year
- $5,857,770
- Total liabilities, end of year
- $113,000
- Net assets or fund balances, end of year
- $5,744,770
- Program services expenses (Part IX)
- $506,649
- Management and general expenses
- $117,076
- Fundraising expenses
- $45
- Program service expenses (Part III)
- $506,649
Program services were 81.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$165,610
-
1g · Noncash contributions included above
$14,106
-
3 · Investment income
total $120,049 · excluded $120,049
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $1,968
-
7c · Gain or loss
securities $1,968
-
7d · Net gain or loss
total $1,968 · excluded $1,968
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $446,524 · program services $446,524
-
2 · Grants to domestic individuals
total $24,250 · program services $24,250
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $101,681 · management and general $101,681
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $50,788 · program services $35,552 · management and general $15,236
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Misc. Expenses
total $527 · program services $323 · management and general $159 · fundraising $45
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $331,223 · end of year $213,680
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $5,151,136 · end of year $3,942,730
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,888,277 · end of year $1,701,360
-
18 · Grants payable
beginning of year $142,025 · end of year $113,000
-
27 · Net assets without donor restrictions
beginning of year $6,322,684 · end of year $4,957,953
-
28 · Net assets with donor restrictions
beginning of year $905,927 · end of year $786,817
Mission and programs · 2022
Mission
TO ENHANCE QUALITY OF LIFE FOR CITIZENS IN ITS SERVICE AREA BY IDENTIFYING AND RESPONDING TO COMMUNITY NEEDS BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS TO 501(C)(3) ORGANIZATIONS.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $506,649 · Grants $409,454
As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Guy RovezziGUY ROVEZZI
President
- Total calculated
- $248,174
- From this org
- $215,457
- From related orgs
- $0
- Other
- $32,717
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $215,457
- Bonus
- not reported
- Other
- not reported
- Deferred
- $18,827
- Nontaxable benefits
- $13,890
- Filer's total
- $248,174
-
Julia Scharnberg
VP Comm Engagmt
- Total calculated
- $105,708
- From this org
- $102,648
- From related orgs
- $0
- Other
- $3,060
- Hours/week
- 5 + 35 related
-
Anne Sutherland FuchsANNE SUTHERLAND FUCHS
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Barbara Spiegel
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Don MaylandDON MAYLAND
1st Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Adrian Selby
Chairman
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
David Antoniazzi
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Elizabeth Brayboy
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Vincent Inconiglios
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Patrique Fearon
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jason Giordano
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Victor M Muschell Esq
2nd Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Rod Pleasants
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Anne Ruwet
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Anita BaxterANITA BAXTER
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 2 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$351,628
General operating support
-
$10,000
General Operating Support
-
$10,000
Renovation & Purchase of Facility
-
$9,150
Literacy Course & General Support
-
$7,500
Early Childhood Collab Membership
-
$7,500
General Operating Support
-
$7,500
health & safety repairs to homes
-
$7,500
Support Health Care Services
-
$6,000
Repairs & addition of STEM concepts
-
Torrington Middle Schools
$5,350
Furniture for Makerspace Media Ctr
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Northwest CT Community Foundation
501(c)(3) · To enhance the lives of citizens in its service area · CT
Directly controlled by NA
-
John T & Jane A Wiederhold Foundation
501(c)(3) · To Support the Welfare of Animals · CT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341959349300109
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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