CONNECTICUT ASSOCIATION OF REALTORS INC

EIN: 060766926

HARTFORD, CT

Total Revenue
$5,677,051
Total Expenses
$5,161,847
Total Assets
$11,537,285
Net Assets
$11,537,285
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
CT
Principal Officer
CYNTHIA BUTTS
Phone
8602906601
Tax Period
2025-01-01 to 2025-12-31

CONNECTICUT ASSOCIATION OF REALTORS INC, founded in 1920, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2025. Expenses of $5.2M left a modest 9% surplus.

Mission

PROVIDE EDUCATION/INFORMATION, CONFERENCES AND SPECIAL ACTIVITIES; PUBLIC RELATIONS, LEGISLATIVE EFFORTS AND LOBBYING FOR MEMBERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $4,939,119
Program Service Revenue $118,311
Investment Income $619,621
Other Revenue $0
TOTAL REVENUE $5,677,051

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $2,646,801
Fundraising Expenses $0
Other Expenses $2,490,046
TOTAL EXPENSES $5,161,847

Year-over-Year Comparison

2025 2024 Change
Revenue $5,677,051 $5,557,935 +0.0%
Expenses $5,161,847 $6,186,736 -0.2%
Net Income $515,204 $-628,801 -1.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
87
Independent Members
77
Employees
13
Volunteers
300

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
18
$402,673
Total Directors
90
$25,132
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA BUTTS CEO 50.00
Officer
$349,448 $28,093 $377,541
JAMES HECKMAN GENERAL COUNSEL/DIR OF GOVT AFFAIRS 45.00
Highest
$282,223 $32,999 $315,222
STACEY LAFFERTY ASSOCIATE COUNSEL 45.00
Highest
$187,204 $35,362 $222,566
GINA BALLARD VP OF OPERATIONS 45.00
Highest
$187,097 $6,214 $193,311
BETH MECTEAU DIR OF EXECUTIVE AND FOUNDATION PROGRAMS 45.00
Highest
$180,046 $37,284 $217,330
MEREDITH OLINTS MULTIMEDIA MANAGER AND CTR.TV PRODUCER 40.00
Highest
$143,709 $30,752 $174,461
CARL LANTZ IMMEDIATE PAST PRESIDENT 5.00
Officer Director
$9,500 $0 $9,500
ALEXANDRIA KEBALO PRESIDENT-ELECT 5.00
Officer Director
$9,500 $0 $9,500
STEVEN MILLER PRESIDENT 5.00
Officer Director
$1,000 $0 $1,000
ROBERT MOREY TREASURER 5.00
Officer Director
$750 $0 $750
MICHAEL ALBERT REGION 2 VP 2.00
Officer Director
$750 $0 $750
GAYLE DENNEHY LEGISLATIVE/POLITICAL AFFAIRS DVP 2.00
Officer Director
$750 $0 $750
DAVID GALLITTO ADVISOR 1.00
Officer Director
$750 $0 $750
JOEL GROSSMAN POLICY/ DEI DVP 2.00
Officer Director
$750 $0 $750
SHANYELLE YOUNG VICE PRESIDENT AT-LARGE 2.00
Officer Director
$750 $0 $750
JUSTIN BETTE VICE PRESIDENT AT-LARGE 2.00
Officer Director
$632 $0 $632
BRYAN TUNNEY FIRST VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
WILLIAM ARZT REGION 3 VP 2.00
Officer Director
$0 $0 $0
DAVID AURIGEMMA VICE PRESIDENT AT-LARGE 2.00
Officer Director
$0 $0 $0
CAROL CHRISTIANSEN REGION 4 VP 5.00
Officer Director
$0 $0 $0
GEN DISTANCE REGION 1 VP 2.00
Officer Director
$0 $0 $0
LORRIE MAIORANO AT-LARGE 2.00
Officer Director
$0 $0 $0
AUGUSTUS RYER VICE PRESIDENT AT-LARGE 2.00
Officer Director
$0 $0 $0
MAURA ALARCON DIRECTOR 1.00
Director
$0 $0 $0
LAZARO ALBERTO DIRECTOR 1.00
Director
$0 $0 $0
BETH ALLEN-BYRD DIRECTOR 1.00
Director
$0 $0 $0
BRIAN AMEN DIRECTOR 1.00
Director
$0 $0 $0
JOHN ASHKAR DIRECTOR 1.00
Director
$0 $0 $0
LAUREN AURESTO DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BARBARO DIRECTOR 1.00
Director
$0 $0 $0
BK BATES DIRECTOR 1.00
Director
$0 $0 $0
JOHN BEVACQUA DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS BLACKWOOD DIRECTOR 1.00
Director
$0 $0 $0
RONALD BOUFFORD DIRECTOR 1.00
Director
$0 $0 $0
JOANNE BREEN DIRECTOR 5.00
Director
$0 $0 $0
GREGORY BROADBENT DIRECTOR 1.00
Director
$0 $0 $0
GEORGE CAIN DIRECTOR 1.00
Director
$0 $0 $0
DAVID CANDELORA DIRECTOR 1.00
Director
$0 $0 $0
BRENDAN CAREY DIRECTOR 1.00
Director
$0 $0 $0
JULIET CAVANAUGH DIRECTOR 1.00
Director
$0 $0 $0
BARBARA CLERICE DIRECTOR 1.00
Director
$0 $0 $0
DANIEL CONTINO DIRECTOR 1.00
Director
$0 $0 $0
DEANNA CROOKS DIRECTOR 1.00
Director
$0 $0 $0
KENNETH D'ARINZO DIRECTOR 1.00
Director
$0 $0 $0
LISA DEMARTIN DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA DEPERRY DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE DUBE DIRECTOR 1.00
Director
$0 $0 $0
ROSE EAPEN DIRECTOR 1.00
Director
$0 $0 $0
TAMMY FELENSTEIN DIRECTOR 1.00
Director
$0 $0 $0
GENE FERCODINI DIRECTOR 2.00
Director
$0 $0 $0
LINDA FERCODINI DIRECTOR 2.00
Director
$0 $0 $0
JEAN FLYNN DIRECTOR 1.00
Director
$0 $0 $0
ANN GERSCHEFSKI DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE GONYO DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN GRANATH DIRECTOR 1.00
Director
$0 $0 $0
MARY BETH GRASSO DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE GREEN DIRECTOR 1.00
Director
$0 $0 $0
KATHY HAMILTON DIRECTOR 1.00
Director
$0 $0 $0
PETER HASTINGS DIRECTOR 1.00
Director
$0 $0 $0
KELLY HIGGINS DIRECTOR 1.00
Director
$0 $0 $0
CEZARY JUSINSKI DIRECTOR 1.00
Director
$0 $0 $0
DONNA KARNES DIRECTOR 1.00
Director
$0 $0 $0
DAN KEUNE DIRECTOR 1.00
Director
$0 $0 $0
TAMSEN LANGALIS DIRECTOR 1.00
Director
$0 $0 $0
CARRIE LEVITT KAPLAN DIRECTOR 1.00
Director
$0 $0 $0
MARNI LEWIS DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH LOBAN DIRECTOR 1.00
Director
$0 $0 $0
MARILYN LUSHER DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH MALONE DIRECTOR 1.00
Director
$0 $0 $0
STANLEY MARTONE DIRECTOR 1.00
Director
$0 $0 $0
STACEY MCGRIFF-HODGES DIRECTOR 1.00
Director
$0 $0 $0
DANIEL MULVIHILL DIRECTOR 1.00
Director
$0 $0 $0
LUCAS NASH DIRECTOR 1.00
Director
$0 $0 $0
ZACHARY NICHOLS DIRECTOR 1.00
Director
$0 $0 $0
PAUL PLONSKY DIRECTOR 1.00
Director
$0 $0 $0
NASHA RHONE DIRECTOR 1.00
Director
$0 $0 $0
MELISSA RILEY DIRECTOR 1.00
Director
$0 $0 $0
JEREMY ROSNER DIRECTOR 1.00
Director
$0 $0 $0
GENA RUOCCO-LOCKERY DIRECTOR 1.00
Director
$0 $0 $0
DAVID SARTIRANA DIRECTOR 1.00
Director
$0 $0 $0
CHARLES SCOTT DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH SCOZZAFAVA DIRECTOR 1.00
Director
$0 $0 $0
TERRENCE SHEEHAN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS SHRUM DIRECTOR 1.00
Director
$0 $0 $0
GINA SHUMILLA DIRECTOR 1.00
Director
$0 $0 $0
ALLAN SMITH DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH STAFFORD DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY TAPSCOTT DIRECTOR 1.00
Director
$0 $0 $0
PAUL THURY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL TRAUM DIRECTOR 1.00
Director
$0 $0 $0
TARA VARGHESE DIRECTOR 1.00
Director
$0 $0 $0
GABRIELA VILLACIS DIRECTOR 1.00
Director
$0 $0 $0
ARKADIUSZ WTULICH DIRECTOR 1.00
Director
$0 $0 $0
JAIMIE ANDREWS DIRECTOR (UNTIL 03/25) 1.00
Director
$0 $0 $0
DAWN GRABOVER DIRECTOR (UNTIL 07/25) 1.00
Director
$0 $0 $0
ROBIN MORRELL DIRECTOR (UNTIL 03/25) 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
2025 $5,677,051 $5,161,847 $11,537,285 $515,204
2024 $5,557,935 $6,186,736 $10,881,780 $-628,801
2023 $5,701,972 $4,774,646 $11,233,343 $927,326
2022 $5,560,829 $3,939,396 $9,847,025 $1,621,433
2021 $5,792,556 $3,793,812 $9,376,383 $1,998,744
2020 $5,145,897 $4,702,124 $6,841,927 $443,773
2019 $2,925,929 $4,213,511 $6,087,767 $-1,287,582
2018 $3,386,676 $4,642,495 $6,820,736 $-1,255,819
Explore More Nonprofits
→Top 100 Nonprofits in Connecticut →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CONNECTICUT ASSOCIATION OF REALTORS INC with other nonprofits in Connecticut and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.