CONNECTICUT AND RHODE ISLAND YMCA PARTNERSHIP INC

EIN: 882789422

CHESTER, CT

Total Revenue
$513,435
Total Expenses
$521,502
Total Assets
$378,682
Net Assets
$364,373
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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
2021
Legal Domicile
CT
Principal Officer
CHRIS PALLATTO
Phone
8606703261
Tax Period
2024-01-01 to 2024-12-31

CONNECTICUT AND RHODE ISLAND YMCA PARTNERSHIP INC, founded in 2021, is a small nonprofit that reported $513K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

TO ENGAGE IN GRASS ROOTS PUBLIC OUTREACH AND EDUCATION.

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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 $424,294
Program Service Revenue $78,388
Investment Income $10,753
Other Revenue $0
TOTAL REVENUE $513,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $344,063
Fundraising Expenses $0
Program Expenses $143,410
Other Expenses $177,439
TOTAL EXPENSES $521,502

Year-over-Year Comparison

2024 2023 Change
Revenue $513,435 $639,763 -0.2%
Expenses $521,502 $498,088 +0.0%
Net Income $-8,067 $141,675 -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
23
Independent Members
23
Employees
2
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
0
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS PALLATO CEO 40.00
Highest
$170,176 $0 $170,176
DENISE LEARNED Executive Committee 5.00
Director
$0 $0 $0
PAUL BRYANT MEMBER 5.00
Director
$0 $0 $0
TIM BARTLETT Executive Committee 5.00
Director
$0 $0 $0
JENNIFER CARCIERI VICE PRESIDENT 5.00
Director
$0 $0 $0
JIM O'ROURKE Executive Committee 5.00
Director
$0 $0 $0
MATT SKAARUP SECRETARY 5.00
Director
$0 $0 $0
JOHN BENIGNI PRESIDENT 5.00
Director
$0 $0 $0
MARK LAFORTUNE MEMBER 5.00
Director
$0 $0 $0
MARGARET RILEY MEMBER 5.00
Director
$0 $0 $0
MIKE MILLER MEMBER 5.00
Director
$0 $0 $0
MICHELLE RULNICK MEMBER 5.00
Director
$0 $0 $0
GREG BRISCO MEMBER 5.00
Director
$0 $0 $0
MAUREEN FITZGERALD MEMBER 5.00
Director
$0 $0 $0
JEFF MERHIGE MEMBER 5.00
Director
$0 $0 $0
KAREN SANTILLI MEMBER 5.00
Director
$0 $0 $0
CHRISTENE FREEDMAN MEMBER 5.00
Director
$0 $0 $0
SHAUNA LEWIS MEMBER 5.00
Director
$0 $0 $0
MARK POOLER MEMBER 5.00
Director
$0 $0 $0
TONY SHARILLO MEMBER 5.00
Director
$0 $0 $0
SEAN DOHERTY TREASURER 5.00
Director
$0 $0 $0
PATRICK MARCHAND MEMBER 5.00
Director
$0 $0 $0
HAROLD SPARROW MEMBER 5.00
Director
$0 $0 $0
GLENN HALE MEMBER 5.00
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 $513,435 $521,502 $378,682 $-8,067
2023 $639,763 $498,088 $378,794 $141,675
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