Connecticut Regional Convention Committee Inc
Connecticut Regional Convention Committee Inc: Consistent Revenue, Minimal Assets
EIN: 222976073 · Hamden, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $39K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $23K |
| Transparency Score | 65/100 |
Is Connecticut Regional Convention Committee Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Regional Convention Committee Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Regional Convention Committee Inc
Connecticut Regional Convention Committee Inc (EIN: 222976073) is a nonprofit organization based in Hamden, CT. The organization reported total revenue of $54K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Regional Convention Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Regional Convention Committee Inc is a micro nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $39K |
| Surplus / Deficit | $-955 |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | -2.5% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2024, Connecticut Regional Convention Committee Inc reported a deficit of $955 with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Connecticut Regional Convention Committee Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -16.2% | +41.4% | -4.0% |
| 2022 | -100.0% | -33.9% | -42.1% |
| 2021 | -99.9% | -81.8% | -38.7% |
| 2020 | -13.9% | -10.8% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Regional Convention Committee Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Connecticut Regional Convention Committee Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $955, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a fully volunteer-led operational model.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Connecticut Regional Convention Committee Inc's IRS 990 filings:
- The significant drop in reported revenue to $0 in 2022, followed by a return to typical levels, warrants further investigation into the cause of this anomaly.
- The organization's net assets have shown some fluctuation but remain relatively low compared to its revenue, suggesting most funds are expended annually.
Strengths
The following positive indicators were identified for Connecticut Regional Convention Committee Inc:
- Consistent revenue generation over multiple years demonstrates a stable funding base.
- The absence of executive compensation indicates efficient use of funds directly towards the mission.
- Low administrative and fundraising costs (implied by $0 compensation and asset levels) suggest a lean operational structure.
Frequently Asked Questions about Connecticut Regional Convention Committee Inc
Is Connecticut Regional Convention Committee Inc a legitimate charity?
Connecticut Regional Convention Committee Inc (EIN: 222976073) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $54K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Connecticut Regional Convention Committee Inc spend its money?
Connecticut Regional Convention Committee Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Regional Convention Committee Inc tax-deductible?
Connecticut Regional Convention Committee Inc is registered as a tax-exempt nonprofit (EIN: 222976073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Connecticut Regional Convention Committee Inc CEO make?
Connecticut Regional Convention Committee Inc's highest-compensated officer earns $0 annually. The organization reported $54K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Connecticut Regional Convention Committee Inc's spending goes to programs?
Connecticut Regional Convention Committee Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Connecticut Regional Convention Committee Inc located?
Connecticut Regional Convention Committee Inc is headquartered in Hamden, Connecticut and files with the IRS under EIN 222976073.
How many years of IRS 990 filings does Connecticut Regional Convention Committee Inc have?
Connecticut Regional Convention Committee Inc has 14 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 $54K in total revenue.
What does Connecticut Regional Convention Committee Inc do?
Connecticut Regional Convention Committee Inc is a nonprofit organization in the Unknown sector, located in Hamden, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Connecticut Regional Convention Committee Inc have?
Connecticut Regional Convention Committee Inc reported total revenue of $54,460. Based on 14 IRS 990 filings on record.
What are Connecticut Regional Convention Committee Inc's total assets?
Connecticut Regional Convention Committee Inc holds total assets of $34,886 as reported in IRS 990 filings.
Where is Connecticut Regional Convention Committee Inc located?
Connecticut Regional Convention Committee Inc is based in Hamden, Connecticut.
What is Connecticut Regional Convention Committee Inc's EIN?
Connecticut Regional Convention Committee Inc's Employer Identification Number (EIN) is 222976073. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Regional Convention Committee Inc?
Connecticut Regional Convention Committee Inc is classified under NTEE code Unknown (Unknown).
Is Connecticut Regional Convention Committee Inc a registered 501(c)(3)?
Connecticut Regional Convention Committee Inc appears in IRS records (EIN: 222976073). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Connecticut Regional Convention Committee Inc file IRS Form 990?
Yes, Connecticut Regional Convention Committee Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Connecticut Regional Convention Committee Inc's revenue in 2024?
In the 202403 filing period, Connecticut Regional Convention Committee Inc reported total revenue of $38,254, total expenses of $39,209, and net assets of $23,061.
Is Connecticut Regional Convention Committee Inc's revenue growing or declining?
Connecticut Regional Convention Committee Inc's revenue is declining. Revenue went from $45,631 (202303) to $38,254 (202403), a -16.2% change. Based on 14 filings on record.
What is Connecticut Regional Convention Committee Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Regional Convention Committee Inc covers tax period 202403. It shows revenue of $38,254, expenses of $39,209, total assets of $23,061, and liabilities of N/A.
How much does Connecticut Regional Convention Committee Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Regional Convention Committee Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Connecticut Regional Convention Committee Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Regional Convention Committee Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Connecticut Regional Convention Committee Inc?
The following concerns were identified: The significant drop in reported revenue to $0 in 2022, followed by a return to typical levels, warrants further investigation into the cause of this anomaly.. The organization's net assets have shown some fluctuation but remain relatively low compared to its revenue, suggesting most funds are expended annually.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Regional Convention Committee Inc's strengths?
Positive indicators for Connecticut Regional Convention Committee Inc include: Consistent revenue generation over multiple years demonstrates a stable funding base.. The absence of executive compensation indicates efficient use of funds directly towards the mission.. Low administrative and fundraising costs (implied by $0 compensation and asset levels) suggest a lean operational structure.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Regional Convention Committee Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a fully volunteer-led operational model. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and $0 executive compensation, how does the organization manage its operational expenses and event coordination without paid staff?
The data suggests a strong reliance on volunteer efforts for all operational aspects, including event planning, execution, and administrative tasks, which is common for smaller, community-focused convention committees.
What factors contributed to the complete absence of reported revenue in 2022, and how did the organization sustain itself during that period?
The $0 revenue in 2022 could indicate a year without a major convention or fundraising event, or a reporting anomaly. Sustenance might have come from prior year reserves, though assets are low, or through in-kind donations not reflected as revenue.
Filing History
IRS 990 filing history for Connecticut Regional Convention Committee Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Connecticut Regional Convention Committee Inc's revenue has declined by 24.1%, moving from $50K to $38K. Total assets increased by 30% over the same period, from $18K to $23K. Total functional expenses fell by 30%, from $56K to $39K. In its most recent filing year (2024), Connecticut Regional Convention Committee Inc reported a deficit of $955, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $38K | $39K | $23K | $0 | — | — |
| 2023 | $46K | $28K | $24K | $0 | — | View 990 |
| 2022 | $0 | $4K | $6K | $0 | — | — |
| 2021 | $50 | $7K | $11K | $0 | — | View 990 |
| 2020 | $40K | $37K | $17K | $0 | — | View 990 |
| 2019 | $46K | $41K | $14K | $0 | — | View 990 |
| 2018 | $47K | $45K | $10K | $0 | — | View 990 |
| 2017 | $47K | $48K | $8K | $0 | — | View 990 |
| 2016 | $51K | $59K | $9K | $0 | — | View 990 |
| 2015 | $55K | $51K | $17K | $0 | — | View 990 |
| 2014 | $49K | $52K | $13K | $0 | — | View 990 |
| 2013 | $45K | $51K | $16K | $0 | — | View 990 |
| 2012 | $49K | $45K | $22K | $0 | — | View 990 |
| 2011 | $50K | $56K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $38K, expenses of $39K, and assets of $23K (revenue -16.2% year-over-year).
- 2023: Revenue of $46K, expenses of $28K, and assets of $24K.
- 2022: Revenue of $0, expenses of $4K, and assets of $6K (revenue -100.0% year-over-year).
- 2021: Revenue of $50, expenses of $7K, and assets of $11K (revenue -99.9% year-over-year).
- 2020: Revenue of $40K, expenses of $37K, and assets of $17K (revenue -13.9% year-over-year).
- 2019: Revenue of $46K, expenses of $41K, and assets of $14K (revenue -1.6% year-over-year).
- 2018: Revenue of $47K, expenses of $45K, and assets of $10K (revenue +0.7% year-over-year).
- 2017: Revenue of $47K, expenses of $48K, and assets of $8K (revenue -8.2% year-over-year).
- 2016: Revenue of $51K, expenses of $59K, and assets of $9K (revenue -7.4% year-over-year).
- 2015: Revenue of $55K, expenses of $51K, and assets of $17K (revenue +11.0% year-over-year).
- 2014: Revenue of $49K, expenses of $52K, and assets of $13K (revenue +10.1% year-over-year).
- 2013: Revenue of $45K, expenses of $51K, and assets of $16K (revenue -8.6% year-over-year).
- 2012: Revenue of $49K, expenses of $45K, and assets of $22K (revenue -2.7% year-over-year).
- 2011: Revenue of $50K, expenses of $56K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Regional Convention Committee Inc:
Data Sources and Methodology
This transparency report for Connecticut Regional Convention Committee Inc 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.