2023-11-14T09:26:49-06:00 2022-12-31 111986323 MARCUM LLP 555 LONG WHARF DRIVE NEW HAVEN CT 06511 990 2022-01-01 451257955 CONNECTICUT CENTER FOR ARTS & TECHNOLOGY CONN 2038239823 4 SCIENCE PARK NEW HAVEN CT 06511 ERIK CLEMONS PRESIDENT & CEO 2038239823 2023-11-10 1 ERIK CLEMONS 999009999 0 MARY ANTONETTI P00431862 2037819600 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERIK CLEMONS 4 SCIENCE PARK NEW HAVEN CT 06511 1150474 0 X WWW.CONNCAT.ORG X 2011 CT CONNCAT'S MISSION IS TO INSPIRE, MOTIVATE, AND PREPARE YOUTH AND ADULTS FOR EDUCATIONAL AND CAREER ADVANCEMENT, THROUGH AFTER-SCHOOL ARTS, AND JOB TRAINING PROGRAMMING. CONNCAT'S VISION IS TO CREATE A LEARNING ENVIRONMENT THAT INSPIRES HOPE, INNOVATION, CREATIVITY AND EXCELLENCE WHILE PROVIDING A PATH FOR INDIVIDUALS TO REVITALIZE THE LANDSCAPE OF THE URBAN COMMUNITY. 10 8 27 14 0 0 11554171 1065669 108446 16641 -358 8 -85511 -52130 11576748 1030188 134260 0 0 0 1936987 1019223 0 0 47400 2016495 1186889 4087742 2206112 7489006 -1175924 3075426 2427184 2178745 2706427 896681 -279243 X CONNCAT'S MISSION IS TO INSPIRE, MOTIVATE, AND PREPARE YOUTH AND ADULTS FOR EDUCATIONAL AND CAREER ADVANCEMENT, THROUGH AFTER-SCHOOL ARTS, AND JOB TRAINING PROGRAMMING. CONNCAT'S VISION IS TO CREATE A LEARNING ENVIRONMENT THAT INSPIRES HOPE, INNOVATION, CREATIVITY AND EXCELLENCE WHILE PROVIDING A PATH FOR INDIVIDUALS TO REVITALIZE THE LANDSCAPE OF THE URBAN COMMUNITY. 0 0 1377091 17934 CONNECTICUT CENTER FOR ARTS & TECHNOLOGY ("CONNCAT") OFFERS TRAINING PROGRAMS IN CULINARY ARTS, PHLEBOTOMY, AND MEDICAL BILLING AND CODING. THE TRAINING TIME VARIES FOR EACH PROGRAM. THE GRADUATION RATE IS 58% OF THOSE ENROLLED AND 64% ARE EMPLOYED WHO COMPLETED AND GRADUATED. IN ADDITION, THE CENTER OFFERS AFTER-SCHOOL AND SUMMER PROGRAMS TO LOCAL YOUTHS. ENTREPRENEUR LEADERSHIP ACADEMY - STATEWIDE PROGRAMS FOR 80 HIGH SCHOOL STUDENTS TEACHING ENTREPENEURSHIP AND BUSINESS PRINCIPLES. 1377091 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 CT X ANDREW ASCHETTINO 2038239823 4 SCIENCE PARK NEW HAVEN CT 06511 CARLTON L HIGHSMITH BOARD CHAIRMAN 0.50 X X 0 0 0 KEVIN A MYATT BOARD VICE CHAIR 0.50 X X 0 0 0 CATHERINE E LAMARR ESQ BOARD TREASURER 0.50 X X 0 0 0 ALEXIS N HIGHSMITH SMITH ESQ BOARD SECRETARY 0.50 X X 0 0 0 ERIK CLEMONS PRESIDENT & CEO / DIRECTOR 20.00 20.00 X X 0 267151 0 PAUL MCCRAVEN DIRECTOR 0.50 40.00 X 0 168799 4722 DANIEL CARON DIRECTOR 0.50 X 0 0 0 FRED MCKINNEY PHD DIRECTOR 0.50 X 0 0 0 DENISE MORRIS DIRECTOR (FROM 7/26/22) 0.50 X 0 0 0 MILTON WALLACK DDS DIRECTOR 0.50 X 0 0 0 GENEVIVE WALKER CHIEF OPERATING OFFICER (TO 12/12/22) 40.00 0.50 X 124540 0 0 124540 435950 4722 1 0 1 0 0 14500 47042 244216 759911 1065669 REGISTRATION INCOME 611710 14693 14693 CULINARY INCOME 611710 1948 1948 16641 8 8 36863 70399 -33536 -33536 -33536 30000 47042 49887 -19887 -19887 MISCELLANEOUS REVENUE 900099 1293 1293 1293 1030188 17934 0 -53415 124540 124540 763452 344535 418917 57763 9064 45983 2716 73468 40916 32552 32656 32656 74125 3054 36071 35000 350 350 44658 2812 35482 6364 45961 45961 447506 431969 15537 948 78 870 32232 4349 27883 385278 354456 30822 46185 46185 PROGRAMS AND MEETINGS 76990 61318 12352 3320 2206112 1377091 781621 47400 576304 28111 40107 40115 1254193 808129 34062 207784 17956 16134 4125991 3380505 1128366 745486 24438 581425 3075426 2427184 153431 201707 2025314 1895310 0 609410 2178745 2706427 X -636372 -1045296 1533053 766053 896681 -279243 3075426 2427184 -1175924 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3442071 2701662 740409 578767 574070 4697 105153 104773 380 745486 SECURITY DEPOSIT 24438 RIGHT OF USE ASSETS ON LEASES 556987 581425 DUE TO RELATED PARTY 52423 LEASE LIABILITY 556987 609410 X PART X, LINE 2: BELOW IS AN EXCERPT FROM FOOTNOTE 1 OF THE AUDITED FINANCIAL STATEMENTS FOR CONNECTICUT CENTER FOR ARTS AND TECHNOLOGY AND AFFILIATES. THE CENTER HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE CENTER QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER CODE SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 170(B)(1)(A)(II). UNTIL SEPTEMBER 2021, CONNCORP AND ITS WHOLLY OWNED SUBSIDIARIES WERE TREATED AS DISREGARDED ENTITIES FOR FEDERAL INCOME TAX PURPOSES, IN ACCORDANCE WITH SINGLE MEMBER LIMITED LIABILITY COMPANY RULES. ALL TAX EFFECTS OF CONNCORP AND ITS WHOLLY OWNED SUBSIDIARIES INCOME OR LOSSES WERE PASSED THROUGH TO THE CENTER. CONNCORP APPLIED FOR AND RECEIVED TAX EXEMPTION FROM THE IRS EFFECTIVE SEPTEMBER 23, 2021. CONNCORP IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 170(B)(1)(A)(VI). THE WHOLLY OWNED SUBSIDIARIES ARE TREATED AS DISREGARDED ENTITIES FOR FEDERAL INCOME TAX PURPOSES, IN ACCORDANCE WITH SINGLE MEMBER LIMITED LIABILITY COMPANY RULES. ALL TAX EFFECTS OF THE WHOLLY OWNED SUBSIDIARIES INCOME OR LOSSES ARE PASSED THROUGH TO CONNCORP. THEREFORE, NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES IS INCLUDED WITHIN THESE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IT IS COMMUNICATED DURING ORIENTATION AND IN STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 4 OUR PROGRAMS ARE FREE TO STUDENTS. NO SCHOLARSHIPS GIVEN. ANNIVERSARY GALA 77042 47042 30000 8194 30000 3194 8499 77042 47042 30000 8194 30000 3194 8499 49887 -19887 X 1 0 0 0 0 0 0 0 0 ERIK CLEMONS PRESIDENT & CEO / DIRECTOR 0 267151 0 0 0 0 0 0 0 0 0 267151 0 0 PAUL MCCRAVEN DIRECTOR 0 168799 0 0 0 0 0 4722 0 0 0 173521 0 0 PART I, LINE 4A GENEVIVE WALKER RECEIVED A SEVERANCE PAYMENT OF $1,463. FORM 990, PART VI, SECTION A, LINE 2 ALEXIS N. HIGHSMITH SMITH, A DIRECTOR AND SECRETARY OF CONNCAT, IS THE DAUGHTER OF CARLTON HIGHSMITH, A DIRECTOR AND CHAIRMAN OF CONNCAT. FORM 990, PART VI, SECTION B, LINE 11B THE CONNCAT CEO & PRESIDENT AND A HIRED ACCOUNTANT REVIEWS THE FORM 990 BEFORE SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THERE WERE NO INFRACTIONS DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT/CEO INCLUDED A REVIEW AN APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND SUBSTANTIATION OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CONNCORP LLC 4 SCIENCE PARK NEW HAVEN CT 06511 823795053 PROMOTE COMMUNITY ECONOMIC DEVELOPMENT CT 501(C)(3) LINE 7 CONNECTICUT CENTER FOR ARTS & TECHNOLOGY 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 CONNCORP LLC E 52423 FMV CONNCORP LLC J 36000 FMV CONNCORP LLC O 50000 FMV