The Connecticut Project Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 872622825 ✦ Bridgeport, CT ✦ Designated as a 501(c)(3)

Overview

What is The Connecticut Project Inc?

The Connecticut Project Inc, located in Bridgeport, Connecticut, is a nonprofit organization dedicated to improving systems and enhancing opportunities for lower-income individuals in Connecticut. With a mission to create a just, thriving, and optimistic state where factors like race, gender, income, and geography do not restrict opportunities, they have mobilized communities and resources to focus on economic empowerment. Their initiatives include working in coalition for public service loan forgiveness, providing funding for childcare business incubators, and supporting the launch of the Center for Housing Equity and Opportunity in Eastern Connecticut. These efforts have positively impacted the lives of thousands of Connecticut residents, offering financial relief, access to education, and opportunities for affordable housing. The organization, with a team of eight employees, continues to strive for a more equitable and inclusive Connecticut.


Official website here: www.ctproject.org/

Is The Connecticut Project Inc legitimate?

The Connecticut Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Connecticut Project Inc 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: $467,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $631,891

For more financial information, click here


Official website here: www.ctproject.org/

What is the mission statement of The Connecticut Project Inc?

The Connecticut Project is a non-profit organization with a mission to enhance systems and mobilize resources to improve the lives of lower-income or asset-limited people in Connecticut. Focusing on economic empowerment, the organization's efforts encompass early education, housing, democracy, governance, and financial well-being. Through extensive conversations with individuals and organizations across the state, the Connecticut Project has made significant strides in areas such as public service loan forgiveness and the launch of childcare business incubators, benefiting thousands and catalyzing growth in multiple communities.


Official website here: www.ctproject.org/

Who is the CEO of The Connecticut Project Inc?

Garth Harries is the Board Chairman of The Connecticut Project Inc. The CEO's salary of The Connecticut Project Inc is $275,000 and their total compensation is $314,219.


Official website here: www.ctproject.org/

What is the revenue of The Connecticut Project Inc?

The Connecticut Project Inc's revenue in 2022 was $33,500,265.


Official website here: www.ctproject.org/

Who are the executives of The Connecticut Project Inc and what are their salaries?

The average compensation at The Connecticut Project Inc during 2022 was $137,480. There are 8 employees at The Connecticut Project Inc.

Here are 9 key members and their salaries (The Connecticut Project Inc's CEO's salary is $275,000 and their total compensation is $314,219):

    Garth Harries (President And Ceo)
  • Compensation: $275,000
  • Related: $0
  • Other: $39,219

    • Mirellise M Vazquez (Vp Of Philantropy And Strategy)
  • Compensation: $195,104
  • Related: $0
  • Other: $12,764

    • Courtney W Parkerson (Director)
  • Compensation: $140,307
  • Related: $0
  • Other: $25,012

    • Adriana A Joseph (Chief Of Staff)
  • Compensation: $144,712
  • Related: $0
  • Other: $9,017

    • Stephen F Mandel (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Z Mandel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelica Matos (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Britt-Marie Cole-Johnson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerwin Charles (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ctproject.org/

    Where can I find the form 990 for The Connecticut Project Inc?

    The The Connecticut Project Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ctproject.org/

    Learn more at the official website: www.ctproject.org/

    Mission Statement of The Connecticut Project Inc

    The Connecticut Project Inc, a 501c3 organization, strives to mobilize communities and resources in Connecticut to enhance systems that improve the lives of lower-income or asset-limited people. With a mission rooted in economic empowerment, this organization focuses on early education, housing, democracy, governance, and financial well-being.

    Built on extensive conversations with individuals and organizations across the state, The Connecticut Project Inc continues to explore its role in making Connecticut a more just, thriving, and optimistic place where factors such as race, gender, income, and geography do not predetermine opportunity. Some of the initiatives undertaken by this organization include public service loan forgiveness and the launch of childcare business incubators.

    In the realm of public service loan forgiveness, The Connecticut Project Inc spearheaded a coalition to connect over 7,000 Connecticut public servants from the government, nonprofit, and educational sectors with more than $500 million in debt forgiveness. This significant achievement surpassed Connecticut's neighboring states' efforts by $50-$75 million.

    Furthermore, the organization's involvement in childcare business incubators brought about the launch of the New Britain Childcare Business Incubator. This catalytic project initiated incubator planning teams in another six eligible communities, aiming to create more opportunities for affordable childcare and early education services.

    Aside from these initiatives, The Connecticut Project Inc also supports the launch of the Center for Housing Equity and Opportunity in Eastern Connecticut. This center plays a crucial role in enhancing capacity for more affordable housing development in the region, contributing to a more inclusive and equitable living environment for residents.

    Impact

    This information is meant to be a general summary of The Connecticut Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Connecticut Project Inc's impact includes facilitating the forgiveness of over $500 million in public service loan debt for more than 7000 public servants in Connecticut, supporting the launch of childcare business incubators to promote economic empowerment in communities, and assisting in the establishment of a Center for Housing Equity and Opportunity in Eastern Connecticut to enhance affordable housing development. Through these initiatives, The Connecticut Project Inc is actively working to improve systems and opportunities for lower-income or asset-limited individuals in the state, with a focus on economic empowerment through areas such as early education, housing, democracy, governance, and financial well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $265
  • Program Service Revenue: $0
  • Gross Receipts: $33,500,265

    • Assets and Liabilities:
  • Total Assets: $30,991,305
  • Total Liabilities: $282,463
  • Net Assets: $30,708,842
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Garth Harries

    Main Address

    1019 MAIN STREET 1090, BRIDGEPORT, CT, 06604

    NTEE Category

    Code: S99 - Community improvement

    If you are a representative of The Connecticut Project Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.