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← VA CONNECTICUT RESEARCH AND EDUCATION FOUNDATION INC

Form 990 for tax year 2023

Filed by VA CONNECTICUT RESEARCH AND EDUCATION FOUNDATION INC.

Totals

Total revenue
$3,106,514
Total expenses
$2,981,094
Contributions and grants received
$40,518
Grants paid
$0
Program service revenue
$2,808,366
Investment income
$257,630
Other revenue
$0
Total assets, end of year
$6,796,028
Total liabilities, end of year
$2,291,517
Net assets or fund balances, end of year
$4,504,511
Program services expenses (Part IX)
$2,511,534
Management and general expenses
$469,560
Fundraising expenses
$0
Program service expenses (Part III)
$2,511,534

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MEHMET SOFUOGLU

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • BECKY RHOADS

    STATUTORY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LORI BASTIAN

    STATUTORY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RONNIE ROSENTHAL

    STATUTORY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SEONAID HAY

    STATUTORY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • HUNED PATWA

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • JOSEPH CARDONE

    EXECUTIVE DIRECTOR

    Total calculated
    $80,769
    From this org
    $80,769
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • MARY RAUSCHENBERG

    FORMER EXECUTIVE DIRECTOR (THROUGH 6/2023)

    Total calculated
    $187,607
    From this org
    $187,607
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $153,305
    Bonus
    $0
    Other
    $34,302
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $187,607

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
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

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

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • VA CONNECTICUT HEALTHCARE SYSTEM

    C · SERVES VETERANS THROUGHOUT CONNECTICUT · CT

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2025
IRS schema version
2023v6.0
Source object
202541299349302849

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