Connecticut Bus Association
- Assets
- $26.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Old Saybrook, CT
- Founding
- 01/1970
- Data as of
- 09/2023
- EIN
- 06-6048548
Organization Overview
Connecticut Bus Association is located in Old Saybrook, CT. The organization was established in 1970. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Bus Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Connecticut Bus Association generated $29.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $11.9k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Spencer Treasurer | 4 | $0 | |
Jean Cronin Exec Director | 10 | $10,417 | |
Pam Martinez Past President | 4 | $0 | |
Don Soja President | 4 | $0 | |
Jeff Myers Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $500 |
| Membership dues | $27,432 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,080 |
| Other Revenue | $0 |
| Total Revenue | $29,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,417 |
| Professional fees and other payments to independent contractors | $520 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $976 |
| Total expenses | $11,913 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,168 |
| Other assets | $0 |
| Total assets | $26,168 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,168 |