CONNECTICUT TRUST FOR HISTORIC PRESERVATION INC

EIN: 060979808 501(c)(3) Arts, Culture & Humanities

HAMDEN, CT

Total Revenue
$3,440,508
Total Expenses
$3,119,672
Total Assets
$3,180,021
Net Assets
$2,899,552
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
CT
Principal Officer
JANE MONTANARO
Phone
2035626312
Tax Period
2024-07-01 to 2025-06-30

CONNECTICUT TRUST FOR HISTORIC PRESERVATION INC, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.4M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $3.1M left a modest 9% surplus.

Mission

INTERACTS WITH OTHER GROUPS, INDIVIDUALS AND ORGANIZATIONS TO ENCOURAGE, ADVOCATE AND FACILITATE HISTORICAL PRESERVATION THROUGHOUT CONNECTICUT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,564,335
Program Service Revenue $1,766,847
Investment Income $100,644
Other Revenue $8,682
TOTAL REVENUE $3,440,508

Expense Breakdown

Grants Paid $302,426
Salaries & Benefits $815,744
Fundraising Expenses $68,080
Program Expenses $2,927,686
Other Expenses $2,001,502
TOTAL EXPENSES $3,119,672

Year-over-Year Comparison

2024 2023 Change
Revenue $3,440,508 $6,157,178 -0.4%
Expenses $3,119,672 $6,253,368 -0.5%
Net Income $320,836 $-96,190 -4.3%
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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Governance

Voting Members
23
Independent Members
23
Employees
10
Volunteers
23

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
5
$135,437
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANE MONTANARO EXECUTIVE DI 40.00
Officer
$110,854 $24,583 $135,437
CAROLINE SLOAT CHAIR 2.00
Officer Director
$0 $0 $0
MARY JEAN AGOSTINI VICE CHAIR 2.00
Officer Director
$0 $0 $0
GARRY LEONARD TREASURER 2.00
Officer Director
$0 $0 $0
ELLEN GOULD SECRETARY 2.00
Officer Director
$0 $0 $0
CATHERINE OSTEN BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN T SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
CRISTINA ROSS BOARD MEMBER 2.00
Director
$0 $0 $0
NANCY BULLIS BOARD MEMBER 2.00
Director
$0 $0 $0
DEB COHEN BOARD MEMBER 2.00
Director
$0 $0 $0
NICK FABIANI BOARD MEMBER 2.00
Director
$0 $0 $0
EDWARD GERBER BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN GOODRICH BOARD MEMBER 2.00
Director
$0 $0 $0
HENRY GRIGGS BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN HARRINGTON BOARD MEMBER 2.00
Director
$0 $0 $0
JEFFREY KAUFMAN BOARD MEMBER 2.00
Director
$0 $0 $0
HILARY LEWIS BOARD MEMBER 2.00
Director
$0 $0 $0
TOM NISSLEY BOARD MEMBER 2.00
Director
$0 $0 $0
PRIYANKA PANJWANI BOARD MEMBER 2.00
Director
$0 $0 $0
EDITH PESTANA BOARD MEMBER 2.00
Director
$0 $0 $0
ALAN PONANSKI BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES QUINN BOARD MEMBER 2.00
Director
$0 $0 $0
PIETER ROOS BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT TIERNEY BOARD MEMBER 2.00
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 $3,440,508 $3,119,672 $3,180,021 $320,836
2024 $6,157,178 $6,253,368 $2,772,949 $-96,190
2023 $5,077,022 $5,172,195 $2,627,534 $-95,173
2022 $12,511,714 $12,315,548 $2,880,357 $196,166
2021 $14,465,356 $13,947,934 $2,800,338 $517,422
2020 $2,875,789 $2,802,837 $2,048,262 $72,952
2019 $1,056,515 $1,085,664 $2,075,084 $-29,149
2018 $1,664,003 $1,333,196 $2,089,929 $330,807
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