NonprofitsSoutheastern Connecticut Enterprise Region Corporation

Southeastern Connecticut Enterprise Region Corporation

GROTON, CT

Total revenue

$3.3M

Total expenses

$2.3M

Net assets

$9.2M

Grants received

EIN

222973506

Tax year

2024

Mission

Vision: secter is the lead regional economic development resource, stimulating growth and prosperity in southeastern connecticut mission: making southeastern connecticut stronger and more vibrant by 2030 values: secter believes: -in supporting and making our clients and communities successful -our board and staff are reflective of the clients we serve -in valuing our employees and rewarding integrity, teamwork innovation, and excellence -in collaborating with and being responsive to clients and partners -in being accountable fiscally and professionally to all stakeholders -in advocating for our clients, our services, and our community -in diversity and inclusiveness

Programs

2 programs

Expenses directly incurred in connection with the revolving loan fund programs. Loans are made to southeastern ct businesses to promote job growth in the area.

Expenses: $139KGrants: $109K

Expenses incurred to update the comprehensive economic development strategy.

Expenses: $821KGrants: $820K

Financials

FY 2024

Revenue

Contributions & grants$2.6M
Program service revenue$109K
Investment income$368K
Other revenue$193K
Total revenue$3.3M

Expenses

Grants paid$465K
Salaries & benefits$1.4M
Fundraising
Other expenses$473K
Total expenses$2.3M
Total assets$9.8M
Net assets$9.2M

People

30 listed

NameRoleCompensation

JOHN GODIN

1ST VICE CHA

Board

1 hrs/wk

AMEANDA KENNEDY

2ND VICE CHA

Board

1 hrs/wk

CATHERINE YOUNG

SECRETARY

Board

1 hrs/wk

SANDRA ALLYN-GAUTHIER

TREASURER

Board

1 hrs/wk

ANGELA ADAMS

BOARD MEMBER

Board

1 hrs/wk

FRED ALLYN III

BOARD MEMBER

Board

1 hrs/wk

RICHARD BALESTRACCI

BOARD MEMBER

Board

1 hrs/wk

JAMES BELLANO

BOARD MEMBER

Board

1 hrs/wk

ELSIE BISSET

BOARD MEMBER

Board

1 hrs/wk

MOLLY BRUNO

BOARD MEMBER

Board

1 hrs/wk

LATOYA CLUFF

BOARD MEMBER

Board

1 hrs/wk

HOLLY CHEESEMAN

BOARD MEMBER

Board

1 hrs/wk

SHANNON CHRISTIAN

BOARD MEMBER

Board

1 hrs/wk

TRACY ESPY

BOARD MEMBER

Board

1 hrs/wk

KEVIN BROWN

CHAIR

Board

1 hrs/wk

GARY GOESCHEL II

BOARD MEMBER

Board

1 hrs/wk

ROSS GIONFRIDDO

BOARD MEMBER

Board

1 hrs/wk

AYANTI GRANT

BOARD MEMBER

Board

1 hrs/wk

MARIA HANNA

BOARD MEMBER

Board

1 hrs/wk

MARK LIGHT

BOARD MEMBER

Board

1 hrs/wk

MICHAEL NOGELO

BOARD MEMBER

Board

1 hrs/wk

CLAYTON POTTER

BOARD MEMBER

Board

1 hrs/wk

FELIX REYES

BOARD MEMBER

Board

1 hrs/wk

JULIE SAVIN

BOARD MEMBER

Board

1 hrs/wk

ANNEMARIA SEIFERT

BOARD MEMBER

Board

1 hrs/wk

WENDY VINCENT

BOARD MEMBER

Board

1 hrs/wk

DAVID SCHILL

BOARD MEMBER

Board

1 hrs/wk

SEAN NUGENT

IMMEDIATE PA

Board

1 hrs/wk

BRUCE FLAX

BOARD MEMBER

Board

1 hrs/wk

PAUL WHITESCARVER

EXECUTIVE DI

Staff

$152K

40 hrs/wk

Details

EIN222973506
Subsection03
Ruling date1989-05
Formed1987
Employees13
SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORPORATION — Mission, Financials & Grants Received | Grantivo