NonprofitsSocial Enterprises Trust Inc

Human Services

Social Enterprises Trust Inc

HARTFORD, CT

Total revenue

$885K

Total expenses

$930K

Net assets

$397K

Grants received

$1.1M

18 grants

EIN

201452405

Tax year

2024

Mission

To advance the social enterprise sector.

Programs

3 programs

The organization's retail incubator is a 12-week program designed for retail enterpreneurs prepared to launch their business. The course includes weekly seminars, peer learning, mentorship and guest speakers, as well as access to coworking space and coaching. The 2024 retail incubator supported 10 businesses, and culminated in a popup sales event in hartford. The floor-plan retail activation initiative is a partnership with breakfast lunch & dinner reaching over 300 businesses in 2024.

Expenses: $235K

The organization's impact accelerator offers an in-depth, multi-month experience for enterpreneurs growing their businesses. The course includes intensive seminars, mentorship, coworking space and coaching, and opportunities to pitch to investors. The 2024 impact accelerator supported 10 businesses, with 14 entrepreneurs represented in the cohort. 27 volunteers provided over 60 hours of mentorship and guest lectures as part of the program.

Expenses: $99K

Other programs

Expenses: $210KGrants: $52K

Financials

FY 2024

Revenue

Contributions & grants$816K
Program service revenue$53K
Investment income$16K
Other revenue
Total revenue$885K

Expenses

Grants paid$52K
Salaries & benefits$361K
Fundraising$10K
Other expenses$516K
Total expenses$930K
Total assets$634K
Net assets$397K

People

12 listed

NameRoleCompensation

SARAH BODLEY

EXECUTIVE DI

Board

$93K

40 hrs/wk

NATE DUDEK

CHAIR EMERIT

Board

1 hrs/wk

TARA SPAIN

DIRECTOR

Board

1 hrs/wk

VIJAY LAKNIDHI

TREASURER

Board

1 hrs/wk

DANIEL VILLECCO

DIRECTOR

Board

1 hrs/wk

LAURA DIANA HABER

DIRECTOR

Board

1 hrs/wk

JENN T GRACE

DIRECTOR

Board

1 hrs/wk

ALI LAZOWSKI

CHAIR

Board

1 hrs/wk

PETER LEE

DIRECTOR

Board

1 hrs/wk

DAVID MENARD

DIRECTOR

Board

1 hrs/wk

GUILAINE MENEFEE

SECRETARY

Board

1 hrs/wk

DAVID O'LEARY

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$319K
COMMUNITY AND ECONOMIC DEVELOPMENT
2024
$12K
Fostering Inclusive Growth: reSET's Entrepreneur Programs
2024
$36K
GENERAL OPERATING SUPPORT
2023
$12K
supporting entrepreneurs to start & grow new businesses
2023
$353K
COMMUNITY AND ECONOMIC DEVELOPMENT
2022
$23K
ReSet Entrepreneur Awards
2022
$10K
program support - supporting entrepreneurs to start and grow new businesses
2022
$10K
GENERAL OPERATING SUPPORT
2022
$2K
supporting entrepreneurs to start & grow new businesses
2022
$200K
COMMUNITY AND ECONOMIC DEVELOPMENT
2020
$10K
FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL BEING.
2020
$29K
COMMY/ECON DEVEL SOCIAL ENTERPRISE
2018

Funded by

$1.1M from 7 funders · 18 grants · 2018–2024

Hartford Foundation For Public Giving

$943K · 6 grants · 2018–2024

Webster Bank Charitable Foundation

$36K · 4 grants · 2022–2024

American Online Giving Foundation Inc

$29K · 4 grants · 2020–2023

M K Reichert Sternlicht Foundation

$23K · 1 grant · 2022

Vilcap Inc

$10K · 1 grant · 2020

J Walton Bissell Foundation Inc

$10K · 1 grant · 2022

Details

EIN201452405
NTEE codeP20
Subsection03
Ruling date2004-11
Formed2004
Employees7
Volunteers40
SOCIAL ENTERPRISES TRUST INC — Mission, Financials & Grants Received | Grantivo