Nonprofit · EIN 06-1080097
COMMUNITY FOUNDATION OF EASTERN CONNECTICUT
Tax-exempt · NEW LONDON, CT 06320
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,055,357 | $10,379,840 | $2,675,517 | $127,426,784 | $1,895,325 | $125,531,459 |
| December 31, 2023 | 990 | $17,283,333 | $9,868,056 | $7,415,277 | $121,799,726 | $1,766,992 | $120,032,734 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,510,003
- Program service revenue
- $0
- Investment income
- $5,545,354
- Net gain from sales of assets
- $3,152,901
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $8,204,690
- Compensation of officers, directors and key employees
- $534,703
- Other salaries and wages
- $607,866
- Salaries, compensation and benefits (total)
- $1,331,188
- Professional fundraising fees
- $0
- Accounting fees
- $51,188
- Travel
- $26,882
- Depreciation
- $24,883
- Program services (functional)
- $9,134,404
- Management and general (functional)
- $832,941
- Fundraising (functional)
- $412,495
Balance sheet and other
- Total assets, start of year
- $121,799,726
- Total assets, end of year
- $127,426,784
- Total liabilities, end of year
- $1,895,325
- Net assets, end of year
- $125,531,459
- Land, buildings and equipment
- $415,753
- Publicly traded securities
- $103,885,589
- Net assets without donor restrictions
- $120,585,073
- Net assets with donor restrictions
- $4,946,386
- Gross receipts
- $72,568,388
- Employees
- 11
- Volunteers
- 100
- Year formed
- 1982
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARYAM ELAHI | PRESIDENT & CEO Officer | 40 | $269,021 | $60,028 |
| JENNIFER O'BRIEN | PROGRAM DIRECTOR Highest-paid employee | 40 | $122,094 | $25,861 |
| MEGAN BROWN | VICE PRESIDENT Officer | 40 | $125,495 | $17,981 |
| LAUREN PARDA | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $113,825 | $24,722 |
| JANET GRANT | CFO UNTIL 05/15/24 Officer | 40 | $56,055 | $6,123 |
| MARGARET O'SHEA | BOARD CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| NICHOLAS FORTSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| SANDRA HALE | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| CAROL WILLIAMS | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| JOE DELONG | TRUSTEE Trustee or director | 4 | $0 | $0 |
| LEE-ANN GOMES | TRUSTEE Trustee or director | 4 | $0 | $0 |
| LEAH HARTMAN | TRUSTEE Trustee or director | 4 | $0 | $0 |
| IZASKUN LARRANETA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MICHAEL RAUH | TRUSTEE Trustee or director | 4 | $0 | $0 |
| BARBARA SAHAGAN | TRUSTEE Trustee or director | 4 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH POLLARD | TRUSTEE Trustee or director | 4 | $0 |
| CATHERINE MARRION | TRUSTEE Trustee or director | 4 | $0 |
| MORGAN TUCK | TRUSTEE Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARYAM ELAHI | PRESIDENT & CEO Officer | 40 | $230,730 | $50,924 |
| JANET GRANT | CFO Officer | 40 | $127,061 | $16,798 |
| JENNIFER O'BRIEN | PROGRAM DIRECTOR Highest-paid employee | 40 | $113,456 | $23,829 |
| LAUREN PARDA | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $105,825 | $23,888 |
| MARGARET O'SHEA | BOARD CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| NICHOLAS FORTSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| LEE-ANN GOMES | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| CAROL WILLIAMS | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| JOE DELONG | TRUSTEE Trustee or director | 4 | $0 | $0 |
| HARRY FERGUSON | TRUSTEE Trustee or director | 4 | $0 | $0 |
| SANDRA HALE | TRUSTEE Trustee or director | 4 | $0 | $0 |
| LEAH HARTMAN | TRUSTEE Trustee or director | 4 | $0 | $0 |
| IZASKUN LARRANETA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MICHAEL RAUH | TRUSTEE Trustee or director | 4 | $0 | $0 |
| BARBARA SAHAGAN | TRUSTEE Trustee or director | 4 | $0 | $0 |
| LEAH SCHAD | TRUSTEE Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 68 FEDERAL ST, NEW LONDON, CT 06320-6600
- Principal officer (990 for 2024)
- MARYAM ELAHI, 68 FEDERAL STREET, NEW LONDON, CT 063206600
- Signed the 990
- MARYAM ELAHI, PRESIDENT & CEO
- Phone
- (860) 442-3572
- Website
- WWW.CFECT.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
COLLABORATING WITH PARTNERS TO PUT PHILANTHROPY INTO ACTION TO ADDRESS THE NEEDS, RIGHTS AND INTERESTS OF OUR COMMUNITY IN EASTERN CONNECTICUT.
Program accomplishments
- GENERAL GRANTS:PROVIDE SUPPORT TO VARIOUS 501C(3) ORGANIZATIONS IN OUR FORTY-TWO TOWN SERVICE AREA. FOCUS ON EMPOWERING YOUTH, BASIC NEEDS AND RIGHTS,PRESERVING THE ENVIRONMENT AND ADVANCING ANIMAL WELFARE. GRANTS ARE AWARDED ON A COMPETITIVE BASIS, THROUGH A VOLUNTEER COMMITTEE,OR BYBOARD APPROVED DONOR ADVISED RECOMMENDATIONS.Expenses $7,585,820 · grants $6,814,158
- SCHOLARSHIP AWARDS:TUITION ASSISTANCE FOR STUDENTS WHO ARE JUST ENTERING COLLEGE AND THOSE WHO ARE ALREADY ENROLLED. SCHOLARSHIPS ARE ALSO AWARDED ON ACOMPETITIVE BASIS, THROUGH A VOLUNTEER COMMITTEE.Expenses $1,185,220 · grants $1,064,357
- WOMEN & GIRLSONE OF THE FOUNDATION'S LONG STANDING INITIATIVES IS ITS WOMEN & GIRLS FUND. RELATED GRANTS SUPPORT ISSUES SUCH AS DOMESTIC VIOLENCEPREVENTION, TEEN PREGNANCY PREVENTION, AND OTHER ISSUES FACING WOMEN AND GIRLS.Expenses $363,364 · grants $326,175
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1080097
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $127,426,784
- Income (IRS master file)
- $72,568,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,055,357 | $10,379,840 | $127,426,784 | XML |
| 990 | December 2023 | $17,283,333 | $9,868,056 | $121,799,726 | XML |
| 990 | December 2022 | $10,396,872 | $8,802,564 | $106,532,387 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1080097).
Questions about COMMUNITY FOUNDATION OF EASTERN CONNECTICUT
- What is the EIN of COMMUNITY FOUNDATION OF EASTERN CONNECTICUT?
- The employer identification number (EIN) of COMMUNITY FOUNDATION OF EASTERN CONNECTICUT is 06-1080097.
- Is COMMUNITY FOUNDATION OF EASTERN CONNECTICUT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to COMMUNITY FOUNDATION OF EASTERN CONNECTICUT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FOUNDATION OF EASTERN CONNECTICUT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY FOUNDATION OF EASTERN CONNECTICUT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY FOUNDATION OF EASTERN CONNECTICUT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY FOUNDATION OF EASTERN CONNECTICUT?
- The 990 for the year ended December 31, 2024 names MARYAM ELAHI.
- Who are the officers and directors of COMMUNITY FOUNDATION OF EASTERN CONNECTICUT?
- The 990 for the year ended December 31, 2024 lists 18 people; 5 received compensation from the organization, the highest $269,021 (MARYAM ELAHI, PRESIDENT & CEO).
- How much revenue does COMMUNITY FOUNDATION OF EASTERN CONNECTICUT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,055,357, expenses of $10,379,840 and total assets of $127,426,784 at year end.
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