Connecticut Hedge Fund Association
- Assets
- $4.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Darien, CT
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 42-1646868
Organization Overview
Connecticut Hedge Fund Association is located in Darien, CT. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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 Hedge Fund 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 12/2021, Connecticut Hedge Fund Association generated $3.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (39.7%) each year. All expenses for the organization totaled $17.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO RAISE THE PROFILE OF THE ABSOLUTE RETURN INVESTMENT INDUSTRY AND TO PROMOTE SOUND BUSINESS PRACTICES AMONG ITS PARTICIPANTS, AND TO ACT AS A TECHNICAL AND INTELLECTUAL RESOURCE TO POLICY MAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Mcguire President And Director | 6 | $0 | |
Christopher Edgar Vice President And Director | 2 | $0 | |
David A Burke Director | 2 | $0 | |
Eric Vincent Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $3,373 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,164 |
| Total expenses | $17,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,741 |
| Other assets | $0 |
| Total assets | $4,741 |
| Total liabilities | $11,195 |
| Net assets or fund balances | -$6,454 |
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