NonprofitsConnecticut Economic Resource

Connecticut Economic Resource

NEW HAVEN, CT

Total revenue

$5.3M

Total expenses

$4.7M

Net assets

$3.2M

Grants received

EIN

061369657

Tax year

2024

Mission

Advancect is a nonprofit that works to grow the connecticut economy.

Financials

FY 2024

Revenue

Contributions & grants$2.5M
Program service revenue$2.7M
Investment income$97K
Other revenue$650
Total revenue$5.3M

Expenses

Grants paid
Salaries & benefits$2.9M
Fundraising
Other expenses$1.8M
Total expenses$4.7M
Total assets$4.7M
Net assets$3.2M

People

29 listed

NameRoleCompensation

JOHN W BOURDEAUX

PRESIDENT & CEO

Board

$271K

40 hrs/wk

MARGARET KEANE

DIRECTOR

Board

0.5 hrs/wk

KATHLEEN SILARD

DIRECTOR

Board

0.5 hrs/wk

CARLTON HIGHSMITH

DIRECTOR

Board

0.5 hrs/wk

JAMES SMITH

DIRECTOR

Board

0.5 hrs/wk

JUDY MARKS

DIRECTOR

Board

0.5 hrs/wk

JAY WILLIAMS

DIRECTOR

Board

0.5 hrs/wk

JEFFREY SONNENFELD SR

DIRECTOR

Board

0.5 hrs/wk

R ADAM NORWITT

CO-CHAIR

Board

2 hrs/wk

JOHN CIULLA

DIRECTOR

Board

0.5 hrs/wk

STACEY KENNEDY

DIRECTOR

Board

0.5 hrs/wk

PETER L DENIOUS

DIRECTOR

Board

0.5 hrs/wk

LUTZ LABISCH

DIRECTOR

Board

0.5 hrs/wk

LOUIS LU

DIRECTOR

Board

0.5 hrs/wk

JEFFREY FLAKS

DIRECTOR

Board

0.5 hrs/wk

SALIL PAREKH

DIRECTOR

Board

0.5 hrs/wk

RAJ RAMACHANDRAN

DIRECTOR

Board

0.5 hrs/wk

JUDY OLIAN

CO-CHAIR

Board

2 hrs/wk

DAN O'KEEFE

DIRECTOR & TREASURER

Board

2 hrs/wk

JOSH GEBALLE

SECRETARY

Board

2 hrs/wk

DONALD ALLAN

DIRECTOR

Board

0.5 hrs/wk

FRANK REYNOLDS

DIRECTOR

Board

0.5 hrs/wk

GREG BUTLER

DIRECTOR

Board

0.5 hrs/wk

CATHERINE SCANGARELLA

VP BUSINESS DEVELOPMENT

Staff

$209K

40 hrs/wk

RACHEL GRETENCORD

VP, RESEARCH

Staff

$143K

40 hrs/wk

SHIRAR MUGLER

VP, MARKETING

Staff

$132K

40 hrs/wk

TIMOTHY MILLER

SENIOR DIR, BUSINESS DEVEL

Staff

$131K

40 hrs/wk

PATRICIA MCLAUGHLIN

VP OPERATIONS

Staff

$127K

40 hrs/wk

LISA MERCURIO

VP BUSINESS DEVELOPMENT

Staff

$115K

40 hrs/wk

Independent contractors

CLIFTONLARSONALLEN

PROFESSIONAL SERVICES

$117K

MINTZ HOKE

MARKETING AND ADVERTISING

$108K

ADNET TECHNOLOGIES LLC

IT SERVICES

$105K

Details

EIN061369657
Subsection06
Ruling date1994-12
Formed1993
Employees28
Volunteers0
CONNECTICUT ECONOMIC RESOURCE — Mission, Financials & Grants Received | Grantivo