Connecticut Heating & Cooling Contractors Association
EIN: 237323973 · Glastonbury, CT
| Metric | Value |
|---|---|
| Total Revenue | $322K |
| Total Expenses | $284K |
| Net Assets | $141K |
Is Connecticut Heating & Cooling Contractors Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Connecticut Heating & Cooling Contractors Association
Connecticut Heating & Cooling Contractors Association (EIN: 237323973) is a nonprofit organization based in Glastonbury, CT. The organization reported total revenue of $322K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Heating & Cooling Contractors Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Heating & Cooling Contractors Association is a small nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $330K |
| Total Expenses | $284K |
| Surplus / Deficit | +$46K |
| Total Assets | $183K |
| Total Liabilities | $41K |
| Net Assets | $141K |
| Operating Margin | 14.0% |
| Debt-to-Asset Ratio | 22.6% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Connecticut Heating & Cooling Contractors Association reported a surplus of $46K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 22.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Heating & Cooling Contractors Association's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | -20.5% | -11.0% |
| 2022 | +58.7% | +87.0% | -7.6% |
| 2021 | -12.2% | +7.9% | +4.8% |
| 2020 | -23.3% | -37.2% | +5.6% |
| 2019 | -5.0% | -4.6% | +25.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Connecticut Heating & Cooling Contractors Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Heating & Cooling Contractors Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.6%.
Frequently Asked Questions about Connecticut Heating & Cooling Contractors Association
Is Connecticut Heating & Cooling Contractors Association a legitimate charity?
Connecticut Heating & Cooling Contractors Association (EIN: 237323973) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $322K. No red flags identified. Financial health grade: A.
How does Connecticut Heating & Cooling Contractors Association spend its money?
Connecticut Heating & Cooling Contractors Association reported $322K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Connecticut Heating & Cooling Contractors Association tax-deductible?
Connecticut Heating & Cooling Contractors Association is registered as a tax-exempt nonprofit (EIN: 237323973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Connecticut Heating & Cooling Contractors Association located?
Connecticut Heating & Cooling Contractors Association is headquartered in Glastonbury, Connecticut and files with the IRS under EIN 237323973.
How many years of IRS 990 filings does Connecticut Heating & Cooling Contractors Association have?
Connecticut Heating & Cooling Contractors Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $322K in total revenue.
Filing History
IRS 990 filing history for Connecticut Heating & Cooling Contractors Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Heating & Cooling Contractors Association's revenue has grown by 105.1%, moving from $161K to $330K. Total assets decreased by 7.5% over the same period, from $197K to $183K. Total functional expenses rose by 73.5%, from $163K to $284K. In its most recent filing year (2023), Connecticut Heating & Cooling Contractors Association reported a surplus of $46K, with revenue exceeding expenses. The organization holds $41K in liabilities against $183K in assets (debt-to-asset ratio: 22.6%), resulting in net assets of $141K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $330K | $284K | $183K | $41K | — | View 990 |
| 2022 | $295K | $357K | $205K | $110K | — | View 990 |
| 2021 | $186K | $191K | $222K | $65K | — | View 990 |
| 2020 | $212K | $177K | $212K | $50K | — | View 990 |
| 2019 | $276K | $281K | $201K | $73K | — | — |
| 2018 | $290K | $295K | $160K | $27K | — | View 990 |
| 2017 | $278K | $287K | $196K | $59K | — | View 990 |
| 2016 | $300K | $297K | $225K | $78K | — | View 990 |
| 2015 | $308K | $293K | $207K | $38K | — | View 990 |
| 2014 | $249K | $261K | $200K | $47K | — | View 990 |
| 2013 | $264K | $256K | $187K | $21K | — | View 990 |
| 2012 | $240K | $257K | $217K | $59K | — | View 990 |
| 2011 | $161K | $163K | $197K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $330K, expenses of $284K, and assets of $183K (revenue +11.8% year-over-year).
- 2022: Revenue of $295K, expenses of $357K, and assets of $205K (revenue +58.7% year-over-year).
- 2021: Revenue of $186K, expenses of $191K, and assets of $222K (revenue -12.2% year-over-year).
- 2020: Revenue of $212K, expenses of $177K, and assets of $212K (revenue -23.3% year-over-year).
- 2019: Revenue of $276K, expenses of $281K, and assets of $201K (revenue -5.0% year-over-year).
- 2018: Revenue of $290K, expenses of $295K, and assets of $160K (revenue +4.4% year-over-year).
- 2017: Revenue of $278K, expenses of $287K, and assets of $196K (revenue -7.4% year-over-year).
- 2016: Revenue of $300K, expenses of $297K, and assets of $225K (revenue -2.4% year-over-year).
- 2015: Revenue of $308K, expenses of $293K, and assets of $207K (revenue +23.6% year-over-year).
- 2014: Revenue of $249K, expenses of $261K, and assets of $200K (revenue -5.5% year-over-year).
- 2013: Revenue of $264K, expenses of $256K, and assets of $187K (revenue +9.6% year-over-year).
- 2012: Revenue of $240K, expenses of $257K, and assets of $217K (revenue +49.6% year-over-year).
- 2011: Revenue of $161K, expenses of $163K, and assets of $197K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Heating & Cooling Contractors Association:
Data Sources and Methodology
This transparency report for Connecticut Heating & Cooling Contractors Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.