2025-01-15T18:15:17+00:00 2024-06-30 350921680 CROWE LLP 231 S Bemiston Ave Suite 800 Clayton MO 63105 990 2023-09-13 933453430 CBIA ECONOMIC GROWTH AND OPPORTUNITY FOUNDATION INC CBIA 8602441911 350 CHURCH STREET HARTFORD CT 06103 MARY BERGAMO Treasurer 8602441900 2025-01-15 true true STEVE LENIVY P01635350 3148022000 2025-01-15 2023 2024-10-15 13:58:12Z X CHRISTIAN DIPENTIMA 350 CHURCH STREET HARTFORD CT 06103 283620 false X HTTPS://WWW.CBIA.COM/FOUNDATION/ X 2023 CT TO IMPROVE CONNECTICUT'S ECONOMY, THEREBY CREATING OPPORTUNITIES AND IMPROVING THE LIVES OF ALL RESIDENTS. 3 0 0 16 0 0 146000 22750 0 59988 0 228738 0 0 0 0 0 96760 96760 0 131978 0 224705 0 92727 0 131978 TO IMPROVE CONNECTICUT'S ECONOMY, THEREBY CREATING OPPORTUNITIES AND IMPROVING THE LIVES OF ALL RESIDENTS. false false 84554 22750 The Foundation conducted extensive research, which included hosting more than 30 forums across the state that solicited ideas and perspectives from a diverse group of stakeholders, and evaluating more than 25 reports and studies that addressed various aspects of Connecticut's economy, state government and business climate. These efforts resulted in the creation of a long-term roadmap for boosting Connecticut's economic competitiveness, retaining and attracting investment and talent, fostering innovation, expanding career pathways, and growing a vibrant economy. 84554 true true false false false false false false false false false false false true true false true false false false false false false true false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false true true false false false false false false X 3 0 false false false false false false false true true false false false true true true false false false false false CT X MARY BERGAMO 8602441911 350 CHURCH STREET HARTFORD CT 06103 Christian L DiPentima Director and President 2.0 38.0 X X 0 535642 45017 Mary Bergamo Director and Treasurer 1.0 39.0 X X 0 273621 35010 Jose Dias Director 2.0 38.0 X 0 150830 8562 Toni Holmes Secretary 1.0 39.0 X 0 85532 15906 0 1045625 104495 0 false true false 0 146000 146000 Seminars and meetings 900099 22750 22750 0 0 0 0 22750 0 0 0 0 114870 146000 54882 59988 59988 0 0 0 0 0 228738 22750 0 59988 X 10000 10000 68500 68500 0 0 6909 6909 6904 6904 Misc expenses 1591 1591 Printing and postage 1394 1394 subscriptions 847 847 Bank fees 615 615 0 0 0 0 96760 84554 12206 0 0 214605 0 10100 0 0 0 0 0 0 0 0 0 0 224705 10750 0 0 81977 0 92727 X 131978 0 131978 0 224705 131978 0 X false true X true false X 146000 146000 0 0 0 0 0 0 146000 146000 101620 44380 0 0 0 0 0 0 0 0 146000 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Due to/from affiliates 81977 81977 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes. The Foundation accounts for any uncertain tax positions in accordance with FASB ASC 740, "Income Taxes," which prescribes a recognition threshold and measurement requirement for the financial statement recognition of a tax position that has been taken or is expected to be taken on a tax return. The Foundation has determined that it has no uncertain tax positions. The Foundation's policy is to include interest and penalties related to unrecognized tax benefits as a component of its provision for income taxes. As of June 30, 2024, the Foundation did not record any penalties or interest associated with unrecognized tax benefits. Golf Classic 114870 114870 54882 0 0 114870 114870 54882 54882 59988 false false false false false false false false false Christian L DiPentima Director and President 0 350757 0 166395 0 18490 0 19800 0 25217 0 580659 0 0 Mary Bergamo Director and Treasurer 0 199892 0 62126 0 11603 0 15998 0 19012 0 308631 0 0 Jose Dias Director 0 104320 0 46510 0 0 0 8272 0 290 0 159392 0 0 Schedule J, Part I, Line 3 establishment of compensation The organization's President is compensated by CONNECTICUT BUSINESS AND INDUSTRY ASSOCIATION, INC., which determines reasonable compensation using the following methods: Compensation committee Independent compensation consultant Compensation survey or study Approval by the board or compensation committee Form 990, Part VI, Line 11b Review of form 990 by governing body Officers of CBIA reviewed the Form 990 in December 2024, prior to filing. The officers reported the results of their review to the CBIA board of directors. The Form 990 is made available to other board members upon request. Form 990, Part VI, Line 12c Conflict of interest policy All CBIA directors and non-employee officers complete a conflict of interest statement annually. CBIA's president and assistant secretary review the completed forms and work with the board to resolve any conflicts. CBIA's conflict of interest statement for employees is part of the employee handbook, which all employees must acknowledge. Form 990, Part VI, Line 19 Required documents available to the public CBIA Economic Growth and Opportunity Foundation's governing documents are filed with the Connecticut Secretary of State and are a matter of public record. CBIA Foundation's conflict of interest policy and financial statements are available to members upon request. Form 990, Part IX, Line 11g Other Fees Other Professional fees - Total Expense: 68500, Program Service Expense: 68500, Management and General Expenses: , Fundraising Expenses: ; CONNECTICUT BUSINESS AND INDUSTRY ASSOCIATION INC 350 CHURCH STREET HARTFORD CT 06103 060439660 trade association with members CT 501(c)(6) na false CBIA SERVICE CORPORATION 350 CHURCH STREET HARTFORD CT 06103 060911201 MEMBERSHIP SERVICES CT CONNECTICU T BUSINESS & INDUSTRY ASSN INC C Corporation 0 0 0 false false false false false false false false false false false false false false true true false false false false