2025-01-29T12:09:11-06:00 2024-09-30 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2023-10-01 060968039 COMMUNITY INVESTMENT CORPORATION COMM 2037766172 2315 WHITNEY AVENUE 2B HAMDEN CT 06518 LOUIS SILVA PRESIDENT 2037766172 2025-01-28 1 1 THOMAS GOLDFUSS P01373588 8605223111 2023 2025-03-06 01:10:19Z LOUIS SILVA 2315 WHITNEY AVENUE 2B HAMDEN CT 06518 2965224 0 X WWW.CICLENDING.COM X 1973 CT PROMOTE ECONOMIC GROWTH AND COMMUNITY DEVELOPMENT THROUGHOUT CONNECTICUT, RHODE ISLAND AND THE COMMONWEALTH OF MASSACHUSETTS BY PROVIDING FINANCIAL ASSISTANCE TO QUALIFIED SMALL BUSINESSES. 11 11 12 0 0 0 524903 371953 2314982 2593271 0 0 12843 0 2852728 2965224 0 0 0 0 1610506 1721119 0 0 0 1046139 1214189 2656645 2935308 196083 29916 13645291 14693437 4951907 5970137 8693384 8723300 PROMOTE ECONOMIC GROWTH AND COMMUNITY DEVELOPMENT THROUGHOUT CONNECTICUT, RHODE ISLAND AND THE COMMONWEALTH OF MASSACHUSETTS BY PROVIDING FINANCIAL ASSISTANCE TO QUALIFIED SMALL BUSINESSES. 0 0 1907950 2593271 PROMOTED ECONOMIC GROWTH AND COMMUNITY DEVELOPMENT THROUGHOUT CONNECTICUT, RHODE ISLAND AND THE COMMONWEALTH OF MASSACHUSETTS BY PROVIDING FINANCIAL ASSISTANCE TO QUALIFIED SMALL BUSINESSES. DURING THE FISCAL YEAR, THE ORGANIZATION HAD LOANS OUTSTANDING TOTALING $14,457,018. IN ADDITION, THE ORGANIZATION SERVICES AN SBA 504 LOAN PORTFOLIO OF $148,725,799. 1907950 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 8 0 1 12 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHELLE MEZZI 2037766172 2315 WHITNEY AVENUE SUITE NO 2B HAMDEN CT 06518 TIMOTHY BERGSTROM CHAIRMAN 2.00 X X 0 0 0 MARY MURPHY TREASURER 2.00 X X 0 0 0 RICHARD IOVANNE SECRETARY 2.00 X X 0 0 0 JOHN A MATTHEWS DIRECTOR 2.00 X 0 0 0 SHARON BRUNE ASSISTANT SECRETARY 2.00 X X 0 0 0 DAMARIS GARCIA DIRECTOR 2.00 X 0 0 0 STEPHEN MILLER VICE CHAIRMAN 2.00 X X 0 0 0 MICHAEL PAZ DIRECTOR 2.00 X 0 0 0 CHRIS EDGE DIRECTOR 2.00 X 0 0 0 JAMES BURKE DIRECTOR 2.00 X 0 0 0 RANDY KABAKOFF DIRECTOR 2.00 X 0 0 0 LOUIS SILVA PRESIDENT 40.00 X 195231 0 18741 MICHELLE MEZZI SVP/CFO 40.00 X 146903 0 5876 BUCK HARRIS VP/ LOAN OFFICER 40.00 X 151346 0 34713 RICHARD EVANS SVP LOAN OFFICER 40.00 X 150612 0 31861 644092 0 91191 4 0 1 0 0 371953 371953 SERVICE FEES 900099 1647714 1647714 INTEREST INCOME 900099 945557 945557 2593271 2965224 2593271 0 0 735283 477934 257349 634204 412233 221971 44875 29169 15706 205892 133830 72062 100865 65562 35303 27611 17947 9664 54500 35425 19075 179715 116815 62900 112491 73119 39372 126384 82150 44234 91761 59645 32116 15945 10364 5581 141872 92217 49655 11356 7381 3975 26463 17201 9262 PROVISION FOR LOAN LOSS 333700 216905 116795 CREDIT BUREAU AND FEES 20139 13090 7049 TELEPHONE 14733 9576 5157 57519 37387 20132 2935308 1907950 1027358 0 2546464 2518558 2542724 3296381 101560 144377 7657716 7969799 36612 35251 150639 125816 24699 24823 735516 704248 13645291 14693437 600045 730718 3919970 4872593 431892 366826 4951907 5970137 X 2528511 2581758 6164873 6141542 8693384 8723300 13645291 14693437 29916 0 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150639 125816 24823 24823 OPERATING LEASE LIABILITY 366826 366826 2990524 25300 25300 2965224 0 2965224 2960608 25300 25300 2935308 0 2935308 X X X X 0 0 0 1 0 0 0 1 0 LOUIS SILVA PRESIDENT 160231 0 35000 0 0 0 5294 0 13447 0 213972 0 0 0 BUCK HARRIS VP/ LOAN OFFICER 129456 0 21890 0 0 0 6331 0 28382 0 186059 0 0 0 RICHARD EVANS SVP LOAN OFFICER 134011 0 16601 0 0 0 6268 0 25593 0 182473 0 0 0 MICHELLE MEZZI SVP/CFO 132403 0 14500 0 0 0 5876 0 0 0 152779 0 0 0 PART I, LINE 7 YEAR-END BONUS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO PRESIDENT AND BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, AT TIME OF EMPLOYMENT AND WHEN THE NEW BOARD MEMBER IS ADDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE SETS CEO COMPENSATION AND REVIEWS OVERALL BONUS & COMPENSATION PLANS FOR STAFF. THE COMPENSATION COMMITTEE PERIODICALLY ENGAGES OUTSIDE COMPARABLE COMPENSATION STUDIES. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS PROVIDED TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR COMMUNITY INVESTMENT DEVELOPMENT CORPORATION 2315 WHITNEY AVENUE SUITE 2B HAMDEN CT 06518 060963903 PROMOTING THE ECONOMIC GROWTH AND DEVELOPMENT OF CT, MA AND RI CT 501(C)(3) LINE 9 COMMUNITY INVESTMENT CORPORATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0