NEW HAVEN MIDDLESEX ASSOCIATION OF REALTORS INC

EIN: 471130802 Community Improvement

GUILFORD, CT

Total Revenue
$1,103,257
Total Expenses
$1,173,195
Total Assets
$3,270,087
Net Assets
$1,728,535
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CT
Principal Officer
DAWN CALVO
Phone
2032347700
Tax Period
2023-01-01 to 2023-12-31

NEW HAVEN MIDDLESEX ASSOCIATION OF REALTORS INC, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION IS A MEMBERSHIP ASSOCIATION DEDICATED TO PROVIDING SERVICES TO MEMBERS SO THEY CAN BETTER SERVE CLIENTS AND CUSTOMERS. THE ORGANIZATION PROVIDES TRAINING FOR PERSONS WHO ENTER THE REAL ESTATE OR APPRAISAL FIELD AS WELL AS CONTINUING EDUCATION FOR LICENSED PROFESSIONALS. THE ORGANIZATION ALSO PROVIDES FORMS AND SUPPLIES TO ITS MEMBERS.

Program Service Accomplishments

Program 1
Expenses: $936,746 Revenue: $1,087,829

WE PROVIDED EDUCATION TO REALTORS IN ETHICS AND PROFESSIONAL TRAINING. WE PROVIDED LEGISLATIVE AND INDUSTRY UPDATES DURING OUR MEETING EVENTS. WE ALSO HELPED MEMBERS OF THE PUBLIC OBTAIN A REAL...

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WE PROVIDED EDUCATION TO REALTORS IN ETHICS AND PROFESSIONAL TRAINING. WE PROVIDED LEGISLATIVE AND INDUSTRY UPDATES DURING OUR MEETING EVENTS. WE ALSO HELPED MEMBERS OF THE PUBLIC OBTAIN A REAL ESTATE LICENSE IN 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,087,829
Investment Income $15,428
Other Revenue $0
TOTAL REVENUE $1,103,257

Expense Breakdown

Grants Paid $0
Salaries & Benefits $613,319
Fundraising Expenses $0
Program Expenses $936,746
Other Expenses $559,876
TOTAL EXPENSES $1,173,195

Year-over-Year Comparison

2023 2022 Change
Revenue $1,103,257 $1,143,795 0.0%
Expenses $1,173,195 $1,112,955 +0.1%
Net Income $-69,938 $30,840 -3.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
18
Employees
6
Volunteers
25

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
6
$206,621
Total Directors
19
$206,621
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM CLANCY PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
DAWN CALVO CEO 40.00
Officer Director
$188,197 $18,424 $206,621
LORRIE MAIORANO PRESIDENT 0.50
Officer Director
$0 $0 $0
JEREMY ROSNER TREASURER 0.50
Officer Director
$0 $0 $0
GENA RUOCCO-LOCKERY PRESIDENT-ELECT 0.50
Officer Director
$0 $0 $0
DOUG BLACKWOOD VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ALAN STEWART JR DIRECTOR 0.50
Director
$0 $0 $0
DAVID GALLITTO DIRECTOR 0.50
Director
$0 $0 $0
JULIET CAVANAUGH DIRECTOR 0.50
Director
$0 $0 $0
KISHORE KIPOOR DIRECTOR 0.50
Director
$0 $0 $0
JOEL GROSSMAN DIRECTOR 0.50
Director
$0 $0 $0
NIKKI TRAVAGLINO DIRECTOR 0.50
Director
$0 $0 $0
SHARON CRAIG DIRECTOR 0.50
Director
$0 $0 $0
JAMEKA JEFFERIES DIRECTOR 0.50
Director
$0 $0 $0
DAVID CANDELORA DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL STROUD DIRECTOR 0.50
Director
$0 $0 $0
JED BACKUS DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL BARBARO DIRECTOR 0.50
Director
$0 $0 $0
STEPHANIE PAUL DIRECTOR 0.50
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 $1,103,257 $1,173,195 $3,270,087 $-69,938
2022 $1,143,795 $1,112,955 $3,312,618 $30,840
2021 $1,206,342 $1,111,803 $3,455,533 $94,539
2020 $1,157,305 $1,050,919 $3,295,082 $106,386
2018 $1,294,475 $1,184,102 $2,802,155 $110,373
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