CONNECTICUT TECHNOLOGY COUNCIL INC

EIN: 061387547

EAST HARTFORD, CT

Total Revenue
$153,515
Total Expenses
$161,396
Total Assets
$57,981
Net Assets
$116,105
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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
1994
Legal Domicile
CT
Principal Officer
GIOVANNI TOMASI
Phone
8602890878
Tax Period
2023-01-01 to 2023-12-31

CONNECTICUT TECHNOLOGY COUNCIL INC, founded in 1994, is a small nonprofit that reported $154K in total revenue in fiscal year 2023.

Mission

BUILD A TECHNOLOGY NETWORK TO PARTNER TECHNOLOGY RESOURCES FOR THE MUTUAL BENEFIT OF MEMBER INSTITUTIONS AND LEVERAGE MEMBERS' COLLECTIVE POWER TO CREATE A STATE INFRASTRUCTURE CONDUCIVE TO TECHNOLOGY AND DEVELOPMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $153,515
Investment Income $0
Other Revenue $0
TOTAL REVENUE $153,515

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $161,396
TOTAL EXPENSES $161,396

Year-over-Year Comparison

2023 2022 Change
Revenue $153,515 $151,891 +0.0%
Expenses $161,396 $90,628 +0.8%
Net Income $-7,881 $61,263 -1.1%
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

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Governance

Voting Members
34
Independent Members
34
Employees
N/A
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
8
$76,300
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SIMON LITCHER EXECUTIVE DI 40.00
Officer
$14,000 $0 $14,000
MILENA ERWIN EXECUTIVE DI 40.00
Officer
$62,300 $0 $62,300
GIOVANNI TOMASI CHAIR 0.25
Officer Director
$0 $0 $0
MATTHEW COHEN VICE CHAIR 0.25
Officer Director
$0 $0 $0
SHERYL O'CONNOR VICE CHAIR 0.25
Officer Director
$0 $0 $0
LEON PINTSOV VICE CHAIR 0.25
Officer Director
$0 $0 $0
RICHARD HARRIS SECRETARY 0.25
Officer Director
$0 $0 $0
SHERI YUSCHAK TREASURY 0.25
Officer Director
$0 $0 $0
KEVIN BURNS DIRECTOR 0.25
Director
$0 $0 $0
MARINA CUNNINGHAM DIRECTOR 0.25
Director
$0 $0 $0
ADAM JOHNSON DIRECTOR 0.25
Director
$0 $0 $0
GUERGANA RANGATCHEVA DIRECTOR 0.25
Director
$0 $0 $0
JACQUELINE SCHEIB DIRECTOR 0.25
Director
$0 $0 $0
STEVEN SCHWARTZ DIRECTOR 0.25
Director
$0 $0 $0
NICOLE WAGNER DIRECTOR 0.25
Director
$0 $0 $0
CHRISTOPHER J ALLEN SR DIRECTOR 0.25
Director
$0 $0 $0
MICHAEL BROODER DIRECTOR 0.25
Director
$0 $0 $0
GLENN M CUNNINGHAM DIRECTOR 0.25
Director
$0 $0 $0
JOHN EMRA DIRECTOR 0.25
Director
$0 $0 $0
NANCY HANCOCK DIRECTOR 0.25
Director
$0 $0 $0
RICK HUEBNER DIRECTOR 0.25
Director
$0 $0 $0
KELLEY MCINTYRE DIRECTOR 0.25
Director
$0 $0 $0
ERIC ROSOW DIRECTOR 0.25
Director
$0 $0 $0
PAUL SAVAS DIRECTOR 0.25
Director
$0 $0 $0
S PAMIR APLAY DIRECTOR 0.25
Director
$0 $0 $0
AMY KUNDRAT DIRECTOR 0.25
Director
$0 $0 $0
LAURA DINAN-HABER DIRECTOR 0.25
Director
$0 $0 $0
PATRICIA FISHER DIRECTOR 0.25
Director
$0 $0 $0
PETER HICKS DIRECTOR 0.25
Director
$0 $0 $0
PAUL HUGHES DIRECTOR 0.25
Director
$0 $0 $0
ALAN MENDELSON DIRECTOR 0.25
Director
$0 $0 $0
RIGU GUPTA DIRECTOR 0.25
Director
$0 $0 $0
ASHLEY KALINAUSKAS DIRECTOR 0.25
Director
$0 $0 $0
CAROL THORNEY VICE CHAIR 0.25
Director
$0 $0 $0
PHILIPP HECKER DIRECTOR 0.25
Director
$0 $0 $0
ONYEKA OBIOCHA DIRECTOR 0.25
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 $153,515 $161,396 $57,981 $-7,881
2022 $151,891 $90,628 $70,077 $61,263
2021 $96,437 $133,606 $145,439 $-37,169
2020 $203,737 $120,323 $155,580 $83,414
2019 $440,201 $491,861 $103,226 $-51,660
2018 $712,662 $793,362 $114,940 $-80,700
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