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Nonprofiteer
← CONNECTICUT COMMUNITY FOUNDATION INC

Form 990 for tax year 2025

Filed by CONNECTICUT COMMUNITY FOUNDATION INC.

Totals

Total revenue
$15,175,996
Total expenses
$13,510,473
Contributions and grants received
$9,162,413
Grants paid
$10,552,108
Program service revenue
$0
Investment income
$5,682,253
Other revenue
$331,330
Total assets, end of year
$200,140,435
Total liabilities, end of year
$924,805
Net assets or fund balances, end of year
$199,215,630
Program services expenses (Part IX)
$12,200,796
Management and general expenses
$865,443
Fundraising expenses
$444,234
Program service expenses (Part III)
$12,200,796

Program services were 90.3% 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.

  • 1e · Government grants (contributions)

    $1,250,152

  • 1f · All other contributions, gifts and grants

    $7,912,261

  • 1g · Noncash contributions included above

    $172,028

  • 3 · Investment income

    total $5,739,314 · excluded $5,739,314

  • 7a · Gross sales of assets other than inventory

    securities $3,273,284

  • 7b · Less cost or other basis and sales expenses

    securities $3,330,345

  • 7c · Gain or loss

    securities -$57,061

  • 7d · Net gain or loss

    total -$57,061 · excluded -$57,061

  • 11a · Other revenue: ADMIN FEE INCOME

    total $322,172 · related or exempt $322,172

  • 11b · Other revenue: MISC INCOME

    total $4,758 · excluded $4,758

  • 11c · Other revenue: PRVT FOUND FEES

    total $4,400 · unrelated business $4,400

  • 11e · Other revenue, total

    $331,330

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,534,657 · program services $10,534,657

  • 2 · Grants to domestic individuals

    total $17,451 · program services $17,451

  • 5 · Compensation of officers, directors and key employees

    total $425,978 · program services $127,793 · management and general $212,989 · fundraising $85,196

  • 7 · Other salaries and wages

    total $1,256,990 · program services $830,481 · management and general $247,100 · fundraising $179,409

  • 8 · Pension plan contributions

    total $67,994 · program services $49,269 · management and general $8,773 · fundraising $9,952

  • 9 · Other employee benefits

    total $148,462 · program services $95,050 · management and general $28,833 · fundraising $24,579

  • 10 · Payroll taxes

    total $122,912 · program services $72,694 · management and general $31,305 · fundraising $18,913

  • 11b · Fees: legal

    total $729 · management and general $729

  • 11c · Fees: accounting

    total $35,759 · management and general $35,759

  • 11f · Fees: investment management

    total $46,508 · management and general $46,508

  • 11g · Fees: other

    total $262,440 · program services $150,641 · management and general $71,646 · fundraising $40,153

  • 12 · Advertising and promotion

    total $95,217 · program services $54,655 · management and general $25,994 · fundraising $14,568

  • 13 · Office expenses

    total $50,477 · program services $28,974 · management and general $13,780 · fundraising $7,723

  • 14 · Information technology

    total $91,721 · program services $52,689 · management and general $24,988 · fundraising $14,044

  • 16 · Occupancy

    total $113,936 · program services $65,399 · management and general $31,105 · fundraising $17,432

  • 19 · Conferences, conventions and meetings

    total $126,153 · program services $72,469 · management and general $34,367 · fundraising $19,317

  • 22 · Depreciation, depletion and amortization

    total $2,597 · management and general $2,597

  • 23 · Insurance

    total $25,864 · management and general $25,864

  • 24a · Other expenses: OTHER

    total $45,048 · program services $25,856 · management and general $12,300 · fundraising $6,892

  • 24b · Other expenses: NON PROFIT OUTREACH

    total $39,580 · program services $22,718 · management and general $10,806 · fundraising $6,056

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,327,460 · end of year $626,624

  • 3 · Pledges and grants receivable

    beginning of year $51,861 · end of year $911,126

  • 10a · Land, buildings and equipment: cost or other basis

    $53,016

  • 10b · Land, buildings and equipment: accumulated depreciation

    $48,260

  • 10c · Land, buildings and equipment, net

    beginning of year $5,553 · end of year $4,756

  • 11 · Investments: publicly traded securities

    beginning of year $172,957,684 · end of year $198,431,531

  • 15 · Other assets

    beginning of year $201,330 · end of year $166,398

  • 17 · Accounts payable and accrued expenses

    beginning of year $31,307 · end of year $33,826

  • 18 · Grants payable

    beginning of year $159,873 · end of year $737,772

  • 25 · Other liabilities

    beginning of year $162,789 · end of year $153,207

  • 27 · Net assets without donor restrictions

    beginning of year $175,189,716 · end of year $199,215,630

  • 28 · Net assets with donor restrictions

    beginning of year $203 · end of year $0

Mission and programs · 2025

Mission

TO FOSTER AN EQUITABLE AND INCLUSIVE COMMUNITY IN GREATER WATERBURY AND LITCHFIELD HILLS BY INSPIRING GENEROSITY, SUPPORTING ORGANIZATIONS, AND CULTIVATING EFFECTIVE LEADERS. THE FOUNDATION WORKS TO ADDRESS THE COMMUNITY'S CRITICAL ISSUES, FUNDS PROGRAMS BENEFITING LOCAL RESIDENTS, SUPPORTS EFFORTS TO IMPROVE SYSTEMS TO FOSTER MORE EQUITABLE OUTCOMES FOR RESIDENTS, STRENGTHENS LOCAL ORGANIZATIONS THROUGH LEARNING AND OUTREACH, AND WORKS WITH INDIVIDUALS, FAMILIES AND CORPORATIONS TO STEWARD CHARITABLE AND SCHOLARSHIP FUNDS.

Activities or mission (Part I)

FOSTER AN EQUITABLE AND INCLUSIVE COMMUNITY BY INSPIRING GENEROSITY, SUPPORTING ORGANIZATIONS & CULTIVATING EFFECTIVE LEADERS.

  • SUPPORTING NONPROFIT ORGANIZATIONS IN GREATER WATERBURY AND THE LITCHFIELD HILLS FOR PROGRAMS AND SERVICES IN THE ARTS, HEALTH, OLDER ADULTS, EDUCATION, ENVIRONMENT, SOCIAL SERVICES AND WOMEN'S ISSUES; PROVIDING SCHOLARSHIPS FOR COLLEGE STUDENTS; STRENGTHENING NONPROFIT ORGANIZATIONS THROUGH GRANTS AND TECHNICAL ASSISTANCE PROGRAMS; AND PROVIDING LEADERSHIP TO ADDRESS CRITICAL ISSUES IN OUR COMMUNITIES.

    Expenses $12,200,796 · Grants $10,552,108 · Revenue $322,172

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kathy Bower

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Janie McDermott

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Avery Gaddis

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jean Solomon

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Brochhausen

    TRUSTEE (UNTIL 9/25)

    Total calculated
    $0
    Hours/week
    1

  • Angela Chapman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Antonio Ciocca

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Eleck Bruce

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Frew

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Subira Gordon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • James A Higgins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Patricia Lindendman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Steven Minkler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jessica Ocasio

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tomas Olivo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Adrienne Parkmond

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christopher Rempfer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joann Reynolds-Balanda

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Saran White

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kathy Taylor

    PRESIDENT & CEO

    Total calculated
    $266,995
    From this org
    $207,843
    From related orgs
    $0
    Other
    $59,152
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $207,843
    Bonus
    $0
    Other
    $0
    Deferred
    $23,500
    Nontaxable benefits
    $35,652
    Filer's total
    $266,995

  • Barbara Ryer

    DIRECTOR OF FINANCE

    Total calculated
    $173,639
    From this org
    $151,346
    From related orgs
    $0
    Other
    $22,293
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $151,346
    Bonus
    $0
    Other
    $0
    Deferred
    $18,200
    Nontaxable benefits
    $4,093
    Filer's total
    $173,639

  • Josh Carey

    GRANTS MANAGEMENT DIRECTOR

    Total calculated
    $123,973
    From this org
    $116,823
    From related orgs
    $0
    Other
    $7,150
    Hours/week
    40

  • Cynthia Merrick

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $152,712
    From this org
    $100,319
    From related orgs
    $0
    Other
    $52,393
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $100,319
    Bonus
    $0
    Other
    $0
    Deferred
    $31,000
    Nontaxable benefits
    $21,393
    Filer's total
    $152,712

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 · Compensation committee
  • 3 · Form 990 of other organizations
  • 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

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.

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.

  • POOLED INCOME FUND

    T · SPLIT INTEREST AGREEMENT · CT

Provenance

Return type
form_990
Tax year
2025
Filed
22 June 2026
IRS schema version
2025v4.2
Source object
202621779349301252

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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