HOME BUILDERS & REMODELERS ASSOCIATION OF CENTRAL CONNECTICUT (EIN 060661571) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Principal Officer

ERIC PERSON

Phone

8605634212

Tax Period

2023-01-01 to 2023-12-31

HOME BUILDERS & REMODELERS ASSOCIATION OF CENTRAL CONNECTICUT, founded in 1945, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

THE ADVANCEMENT OF COMMON INTERESTS IN THE HOME BUILDING INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $233,227

Program Service Revenue $715,379

Investment Income $5,306

Other Revenue $84,503

TOTAL REVENUE $1,038,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $331,017

Fundraising Expenses $0

Program Expenses $865,133

Other Expenses $710,012

TOTAL EXPENSES $1,041,029

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,038,415	$758,098	+0.4%
Expenses	$1,041,029	$936,375	+0.1%
Net Income	$-2,614	$-178,277	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$135,268

Total Directors

$135,268

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC PERSON	C.E.O.	40.00	Officer Director	$135,268	$0	$135,268
RYAN CARRIER	DIRECTOR	1.00	Director	$0	$0	$0
GREG CHANDLER	2ND VICE PRE	5.00	Officer Director	$0	$0	$0
GARRET COOK	DIRECTOR	1.00	Director	$0	$0	$0
SUZY COUTURE	DIRECTOR	1.00	Director	$0	$0	$0
RICH DALENE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DIRECTOR	DIRECTOR	1.00	Director	$0	$0	$0
MATT GILCHRIST	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOEL GROSSMAN	DIRECTOR	1.00	Director	$0	$0	$0
ALAN HANBURY	TREASURER	5.00	Officer Director	$0	$0	$0
WILLIAM J GOZZO JR	DIRECTOR	1.00	Director	$0	$0	$0
JACK KEMPER	DIRECTOR	1.00	Director	$0	$0	$0
LIZ KOIVA	DIRECTOR	1.00	Director	$0	$0	$0
JAMES NARDUZZO	DIRECTOR	1.00	Director	$0	$0	$0
LARRY NEWQUIST	DIRECTOR	1.00	Director	$0	$0	$0
CHIP POEHNERT	SECRETARY	5.00	Officer Director	$0	$0	$0
MICHAEL A RICCIO	DIRECTOR	1.00	Director	$0	$0	$0
SISTO SALZILLO	DIRECTOR	1.00	Director	$0	$0	$0
GREG UGALDE	1ST VICE PRE	5.00	Officer Director	$0	$0	$0
GREG ZAJAC	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,038,415	$1,041,029	$616,688	$-2,614
2023	No data	No data	No data	No data
2022	$758,098	$936,375	$629,060	$-178,277
2021	$501,860	$588,805	$654,579	$-86,945
2020	$986,623	$865,829	$870,304	$120,794

HOME BUILDERS & REMODELERS ASSOCIATION OF CENTRAL CONNECTICUT