Conncorp Llc

Conncorp LLC, based in New Haven, Connecticut, is a tax-exempt organization that obtained its status on September 23, 2021. Prior to this, it operated as a disregarded entity, with its activities reported under the affiliated tax-exempt entity, Connecticut Center for Arts & Technology (ConnCat). Focused on economic development in New Haven, Conncorp aims to advance ConnCat's mission of providing opportunities for underserved residents. Their key activities involve the acquisition and revitalization of commercial properties, investment in local community-based businesses, and attracting businesses to New Haven. Conncorp's mission is to drive economic development and economic justice in impoverished communities by investing in local commercial and residential real estate, and minority-owned businesses. Their vision is to create a community where all citizens thrive economically and socially, contributing to the overall well-being of the city.

Conncorp Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conncorp Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $855,507
Professional Fundraising Fees: $0
Other Salaries and Wages: $879,060

For more financial information, click here

Conncorp LLC's mission is centered around driving economic development and economic justice in impoverished communities. They achieve this by investing in local commercial and residential real estate, as well as minority-owned businesses. The organization's vision is to create a community where all citizens thrive economically and socially. Prior to September 23, 2021, Conncorp LLC operated through an affiliated tax-exempt entity, Connecticut Center for Arts & Technology (ConnCat). Their key activities include the acquisition and revitalization of commercial properties, as well as investment in new and existing local community-based businesses. They also aim to attract businesses and catalyze a place-based impact investing ecosystem.

Erik Clemons is the Board Chair / Treasurer of Conncorp Llc. The CEO's salary of Conncorp Llc is $267,151 and their total compensation is $267,151.

Conncorp Llc's revenue in 2022 was $7,168,100.

The average compensation at Conncorp Llc during 2022 was $61,949. There are 28 employees and 10 volunteers at Conncorp Llc.

Here are 15 key members and their salaries (Conncorp Llc's CEO's salary is $267,151 and their total compensation is $267,151):

The Conncorp Llc’s most recent form 990 was submitted in 2022 and can be accessed here