Greater Hartford Ridesharing Corporation
- Assets
- $7.2m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 14
- Location
- Bloomfield, CT
- Founding
- 01/1983
- Data as of
- 06/2022
- EIN
- 06-1018976
Organization Overview
Greater Hartford Ridesharing Corporation is located in Bloomfield, CT. The organization was established in 1983. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Greater Hartford Ridesharing Corporation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Hartford Ridesharing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Greater Hartford Ridesharing Corporation generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $6.8m during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF RIDESHARING AND COMMUTER SERVICES
Describe the Organization's Program Activity:
-EASYFLEET VANPOOL PROGRAM: PROVIDE VANPOOL SERVICES PRIMARILY TO NOT-FOR-PROFIT SERVICE PROVIDERS TO ENABLE THESE PROVIDERS' RESIDENTS AND CLIENTS TO BE ABLE TO COMMUTE TO AND FROM WORK ASSIGNMENTS IN THE COMMUNITY.-EASYGREEN CARPOOL PROGRAM: A PROGRAM SIMILAR TO A VANPOOL PROGRAM. PROGRAM PARTICIPANTS UTILIZE FUEL EFFICIENT CARS INSTEAD OF VANS AS THE MEANS OF TRANSPORTATION. THE OBJECTIVES OF THIS BUSINESS LINE ARE TO MITIGATE TRAFFIC CONGESTION, TO IMPROVE AIR QUALITY AND LESSEN THE BURDENS OF GOVERNMENT WITH RESPECT TO HIGHWAY CONSTRUCTION AND EXPANSION.
EASY COMMUTE PROGRAM: PROVIDE INFORMATIONAL, EDUCATIONAL AND PROMOTIONAL SERVICES TO PROSPECTIVE RIDESHARING COMMUTERS THROUGHOUT THE UNITED STATES WITH THE OBJECTIVES OF MITIGATING CONGESTION AND IMPROVING AIR QUALITY. THE PROGRAM INCLUDES WEB-BASED COMMUTER BENEFITS AND INCENTIVES THAT BRING TOGETHER MASS TRANSIT OPTIONS, COMMUTER INCENTIVES, RIDEMATCHING, CARPOOL AND VANPOOL SERVICES. THE PROGRAM IS DESIGNED TO SUPPORT EMPLOYERS AND ENCOURAGE EMPLOYEES TO TAKE ADVANTAGE OF EMPLOYER SPONSORED SUBSIDIES AND INCENTIVES. THE OBJECTIVES OF THIS BUSINESS LINE ARE TO INFLUENCE CHANGES IN EMPLOYEE COMMUTING BEHAVIOR AND TO REDUCE THE NUMBER OF SINGLE OCCUPANT VEHICLES ON THE ROADS.
TRANSPORT PROGRAMS UNRELATED TO COMMUTER SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Landau-Painter Director | Trustee | 1 | $0 |
David A Lee Director | Trustee | 1 | $0 |
David Kilbon Director | Trustee | 1 | $0 |
Gerald T Tavernier Jr Secretary | OfficerTrustee | 1 | $0 |
Jerry Long Director | Trustee | 1 | $0 |
John Rossi Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Street Fleet Mechanics Llc Vehicle Repairs | 6/29/22 | $347,352 |
Macara Vehicle Services Inc Vehicle Repairs | 6/29/22 | $165,153 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,221,523 |
| Investment income | $57,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $286,918 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,566,228 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $733,989 |
| Compensation of current officers, directors, key employees. | $322,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,040,615 |
| Pension plan accruals and contributions | $29,550 |
| Other employee benefits | $57,940 |
| Payroll taxes | $129,593 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,801 |
| Fees for services: Accounting | $39,935 |
| Fees for services: Lobbying | $152 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,986 |
| Fees for services: Other | $18,291 |
| Advertising and promotion | $2,707 |
| Office expenses | $16,493 |
| Information technology | $77,341 |
| Royalties | $0 |
| Occupancy | $244,149 |
| Travel | $149 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $57,787 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,177,638 |
| Insurance | $1,246,232 |
| All other expenses | $35,229 |
| Total functional expenses | $6,841,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $406,598 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $248,831 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $128,304 |
| Net Land, buildings, and equipment | $3,854,969 |
| Investments—publicly traded securities | $2,574,473 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,418 |
| Total assets | $7,224,593 |
| Accounts payable and accrued expenses | $371,841 |
| Grants payable | $0 |
| Deferred revenue | $14,055 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,283,149 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,399 |
| Total liabilities | $1,689,444 |
| Net assets without donor restrictions | $5,535,149 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,224,593 |