2026-02-18T14:43:46+00:00 2025-06-30 350921680 CROWE LLP 701 13th St NW Suite 852 Washington DC 20005 990 2024-07-01 060439660 Connecticut Business and Industry Association Inc CONN 8602441900 350 Church Street Hartford CT 06103 Alyssa Gorecki CFO 2026-02-18 true Steve Lenivy P01635350 2026245555 2026-02-18 2024 2025-03-06 01:10:19Z Christian DiPentima 350 Church Street Hartford CT 06103 9763439 false X www.cbia.com X 1910 CT CBIA is the voice of business in Connecticut, with thousands of member companies championing change at the state capitol, shaping debate about economic competitiveness and fighting for a better future for all. 46 45 35 0 0 11418 0 6118858 6257465 408255 883331 34512 6538531 7175308 0 0 3390342 3176175 0 0 2633317 2938427 6023659 6114602 514872 1060706 23754392 23805638 3479703 3237441 20274689 20568197 CBIA is the voice of business in Connecticut, with thousands of member companies championing change at the State Capitol, shaping debate about economic competitiveness and fighting for a better future for all. false false CBIA represents the interests of its members at the state capitol by employing registered lobbyists; hosting meetings and company tours to facilitate communication between CBIA members and their elected state officials; sponsoring events at the state capitol to highlight the importance of business and manufacturing to the state's economy; and sponsoring councils to encourage member involvement in the legislative process. CBIA communicates with its members and the public by publishing newsletters and email alerts on issues affecting business while the state legislature is in session; using print, broadcast, and social media to educate members and the general public on business-related public policy issues; publishing articles and opinion pieces in Connecticut newspapers; and maintaining a content-rich website. CBIA helps its members compete in a global economy by offering a free telephone service to members on human resource and other compliance issues; sponsoring events to educate members on business and economic issues; publishing newsletters on human resource, health and safety issues; and publishing surveys and other reports on economic and business topics. 0 false false false false true false false false false false true false false true false true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true true true false false true 8 0 true 35 true false false false false false false false false X 46 45 false false false false true true false true true false false false false true true true true true true true false false X Alyssa Gorecki 8602441900 350 Church Street Hartford CT 06103 Brian S Montanari vice chair 2.0 0 X X 0 0 0 Christian L DiPentima President 32.0 8.0 X X 456374 0 49039 Kevin J Grigg PE chair (until Dec 2024), immediate past chair 2.0 0 X X 0 0 0 Marietta S Lee vice chair (until Dec 2024), chair 2.0 0 X X 0 0 0 Matthew D McSpedon immediate past chair (until Dec 2024) 2.0 0 X X 0 0 0 Michael K Brooder Vice Chair (beg Dec 2024) 2.0 0 X X 0 0 0 Abulkhair A Islam Director 1.0 0 X 0 0 0 Aida Habtezion MD MSc Director 1.0 0 X 0 0 0 Alison Avery Director 1.0 0 X 0 0 0 Andrew Bologna Director 1.0 0 X 0 0 0 Anthony Medici Director (Beg Dec 2024) 1.0 0 X 0 0 0 Benjamin R Towne Director 1.0 0 X 0 0 0 Brittany Isherwood Director 1.0 0 X 0 0 0 Christina Oneglia Rossi Director (Beg Dec 2024) 1.0 0 X 0 0 0 Christopher J Allen Sr Director 1.0 0 X 0 0 0 Christopher L Levesque Sr Director 1.0 0 X 0 0 0 Dana Beck Director (Beg Dec 2024) 1.0 0 X 0 0 0 David Fiereck PE LEP Director 1.0 0 X 0 0 0 Derrick Gibbs Director (Beg Dec 2024) 1.0 0 X 0 0 0 Emily W Wiper Director (until Dec 2024) 1.0 0 X 0 0 0 Erin Dumonski Director (Beg Dec 2024, until April 2025) 1.0 0 X 0 0 0 Franklyn D Reynolds Director 1.0 0 X 0 0 0 Gina Luari Director (until April 2025) 1.0 0 X 0 0 0 Glendowlyn Thames Director 1.0 0 X 0 0 0 Graham N Robinson Director (until Dec 2024) 1.0 0 X 0 0 0 Ian K Walsh Director (until Dec 2024) 1.0 0 X 0 0 0 Jacqueline Laramee Director (Beg Dec 2024) 1.0 0 X 0 0 0 Jason B Guyot Director 1.0 0 X 0 0 0 Jeff L Hubbard Director (until Dec 2024) 1.0 0 X 0 0 0 Jeff Varesio Director (until Dec 2024) 1.0 0 X 0 0 0 Jeffrey J White Director (until Dec 2024) 1.0 0 X 0 0 0 Jennifer Collier Director 1.0 0 X 0 0 0 Jennifer L Morgan Director 1.0 0 X 0 0 0 Jillian B Mayer Director 1.0 0 X 0 0 0 Joe Maisto Director 1.0 0 X 0 0 0 Joseph A Kask CPA Director (until Dec 2024) 1.0 0 X 0 0 0 Leander A Dolphin Director 1.0 0 X 0 0 0 Louis Gallo Director 1.0 0 X 0 0 0 Matthew E Hummel Director 1.0 0 X 0 0 0 Maureen Gallo Director (Beg Dec 2024) 1.0 0 X 0 0 0 Meg L Galistinos Director 1.0 0 X 0 0 0 Meredith R Shay Director (until Dec 2024) 1.0 0 X 0 0 0 Michele M Etzel Director 1.0 0 X 0 0 0 Molly C Kellogg Director 1.0 0 X 0 0 0 Moy N Ogilvie Director 1.0 0 X 0 0 0 Nicole Russo Director (Beg Dec 2024) 1.0 0 X 0 0 0 Pablo Prieto-Munoz Director (Beg Dec 2024) 1.0 0.0 X 0 0 0 Rebecca Karabin-Ahern Director (Beg Dec 2024) 1.0 0 X 0 0 0 Richard J Iovanne Director 1.0 0 X 0 0 0 Robert Anderson Director (Beg Dec 2024) 1.0 0 X 0 0 0 Robin L Fiala Director (until Dec 2024) 1.0 0 X 0 0 0 Shawn P Coyne Director 1.0 0 X 0 0 0 Siriam Krishnaswami Director (Beg Dec 2024, until April 2025) 1.0 0 X 0 0 0 Stephen Moroney Director (beg Dec 2024) 1.0 0 X 0 0 0 Stephen T Sullivan Director 1.0 0 X 0 0 0 Susan A Martinelli Director 1.0 0 X 0 0 0 Susan Jackson Director (Beg Dec 2024) 1.0 0 X 0 0 0 Timothy Diemand Director (Beg Dec 2024) 1.0 0 X 0 0 0 KENNETH COMEAU CBIA SECRETARY AND SERVICE CORP PRESIDENT 8.0 32.0 X 312049 0 41297 MARY BERGAMO CFO and Treasurer 10.0 30.0 X 0 246485 38446 TONI HOLMES ASSISTANT SECRETARY 39.0 1.0 X 0 85181 17483 Christopher Davis VP Public Policy 40.0 0 X 158953 0 38878 GERARD BUDD VP COMMUNICATIONS 40.0 0 X 167739 0 39307 Jose Dias VP Member & Foundation Relations 38.0 2.0 X 181591 0 20695 Matthew Howe VP Marketing 8.0 32.0 X 169967 0 10527 Thomas Day Chief Information Officer 20.0 20.0 X 0 213923 25250 1446673 545589 280922 8 false true false Event Resources Inc 333 Park Ave East Hartford CT 06108 IT Services 146990 Intersect Public Solutions 90 State House Square Suite 1040 H Hartford CT 06103 Public Relations 128488 Roy & Leroy Government Relations LLC PO Box 270841 West Hartford CT 06127 Public Relations 111929 Economic Leadership LLC 3461 Lake Shore Dr SW Shallotte NC 28470 Consulting 101958 4 0 Membership dues 813910 5303372 5303372 Seminars and meetings 900099 953202 953202 Survey and book sales 900099 891 891 0 0 0 0 6257465 537404 537404 0 0 2934058 2588131 345927 0 345927 345927 Other Income 900099 34512 34512 0 0 0 0 34512 7175308 6291977 0 883331 655858 1735222 544743 240352 30125 131385 131797 339885 434356 439479 50218 1137691 1748 printing and postage 145391 Recruiting and professional development 52709 business meals 43643 0 6114602 5547661 5177501 16624 26884 0 0 0 0 31145 20344 49004 48005 1816 999 13616461 13433949 0 0 4540685 5145961 23754392 23805638 557280 443485 2922423 2793956 0 0 0 0 3479703 3237441 X 20274689 20568197 20274689 20568197 23754392 23805638 X 1060706 798132 -1565330 X false true true false false false true 5303372 518896 90173 609069 530337 78732 0 49004 48005 999 999 investment in CBIA Service Corporation 60880 Due from affiliates 1323729 NET Pension obligations 3761352 5145961 Federal Income Taxes Pension Obligations 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CBIA is a tax-exempt organization under Section 501(c)(6) of the Internal Revenue Code and, except to the extent CBIA has unrelated business income, is exempt from federal income taxes. There was no provision for income taxes due in fiscal years 2025 and 2024. CBIA recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management evaluated CBIA's tax positions and concluded that CBIA had no material uncertainties in income taxes as of June 30, 2025 and 2024. X true true X X X X false false false Christian L DiPentima President 355434 0 81521 0 19419 0 20695 0 28344 0 505413 0 0 0 KENNETH COMEAU CBIA SECRETARY AND SERVICE CORP PRESIDENT 248402 0 57697 0 5950 0 19278 0 22019 0 353346 0 0 0 MARY BERGAMO CFO and Treasurer 0 210574 0 30172 0 5739 0 16619 0 21827 0 284931 0 0 GERARD BUDD VP COMMUNICATIONS 141816 0 13727 0 12196 0 10834 0 28473 0 207046 0 0 0 Matthew Howe VP Marketing 150507 0 18519 0 941 0 10527 0 0 0 180494 0 0 0 Christopher Davis VP Public Policy 131524 0 16096 0 11333 0 10405 0 28473 0 197831 0 0 0 Jose Dias VP Member & Foundation Relations 106263 0 74658 0 670 0 20695 0 0 0 202286 0 0 0 Thomas Day Chief Information Officer 0 195160 0 15132 0 3631 0 13005 0 12245 0 239173 0 0 Schedule J, Part I, Line 1a Travel for companions CBIA provides travel for companions for all directors when there is a valid business purpose for their attendance at out of town meetings. Given that there is a bonafide business purpose, the organization does not tax employees on travel for companions. Form 990, Part VI, Line 1a Delegate broad authority to a committee ARTICLE VI, SECTION 1 OF THE BY-LAWS PROVIDE THAT THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS CONSISTING OF THE CHAIR, BOTH VICE CHAIRS, THE PRESIDENT AND CEO, THE IMMEDIATE PAST CHAIR, AND EIGHT ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS APPOINTED BY THE BOARD OF DIRECTORS. DURING THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD OF DIRECTORS AND SUBJECT TO SUCH LIMITATIONS AS MAY BE PRESCRIBED BY THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS TO THE MAXIMUM EXTENT PERMITTED BY LAW, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO AMEND THE BYLAWS. Form 990, Part VI, Line 6 Classes of members or stockholders CBIA IS A BUSINESS MEMBERSHIP ORGANIZATION WITH APPROXIMATELY 3,000 MEMBERS. There are two classes of Members: Active Members and Associate Members. Active membership shall be limited to sole proprietorships, partnerships, corporations, and other entities engaged in any business within the State of Connecticut. Each active member in good standing shall be entitled to one vote for the election of directors and on all other matters which come before the members for action. For purposes of the Form 990, the active members are the members of the organization. Associate membership shall be limited to nonprofit associations and institutions, chambers of commerce, and such other entities or persons as are approved by the board of directors. Associate members shall have no right to vote for the election of directors or any other matters of any nature whatsoever which may come before CBIA. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body CBIA's board of directors is elected by active members of the corporation in good standing. Form 990, Part VI, Line 11b Review of form 990 by governing body Officers of CBIA reviewed the Form 990 in December 2025, prior to filing. The officers reported the results of their review to the CBIA board of directors. The Form 990 is made available to other board members upon request. Form 990, Part VI, Line 12c Conflict of interest policy All CBIA directors and non-employee officers complete a conflict of interest statement annually. CBIA's president and assistant secretary review the completed forms and work with the board to resolve any conflicts. CBIA's conflict of interest statement for employees is part of the employee handbook, which all employees must acknowledge. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation committee establishes the compensation for CBIA's President. The committee reviews salary surveys and data provided by an independent compensation consultant to establish appropriate compensation. The committee follows a documented compensation philosophy. The committee also administers the variable pay plan by reviewing objectives and benchmarks at the beginning of each fiscal year and evaluating performance and approving awards at the end of each fiscal year. Form 990, Part VI, Line 15b Process to establish compensation of other employees The compensation committee establishes the compensation for CBIA's senior vice presidents. The committee reviews salary surveys and data provided by an independent compensation consultant to establish appropriate compensation plans for these employees. The committee follows a documented compensation philosophy. The committee also administers the variable pay plans for these employees by reviewing objectives and benchmarks at the beginning of each fiscal year and evaluating performance and approving awards at the end of each fiscal year. Form 990, Part VI, Line 19 Required documents available to the public CBIA's governing documents are filed with the Connecticut Secretary of State and are a matter of public record. CBIA's conflict of interest policy and financial statements are available to members upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Pension-related changes other than periodic pension costs - 467497; Equity in loss of subsidiary - -2032827; Total - -1565330; CBIA ECONOMIC GROWTH AND OPPORTUNITY FOUNDATION INC 350 Church Street Hartford CT 06103 933453430 creation of a statewide economic plan and competitiveness strategy CT 501(c)(3) 7 CONNECTICUT BUSINESS AND INDUSTRY ASSOCIATION INC true CBIA Service Corporation 350 Church Street Hartford CT 06103 060911201 Membership services CT CONNECTICUT BUSINESS & INDUSTRY ASSN INC C Corporation 3658993 7630484 1 true Reimagine Insurance Inc 350 Church Street Hartford CT 06103 994096225 Insurance CT CBIA Service Corporation C Corporation 585449 478916 1 true false false false true false false false false false false false false false true true true true true true CBIA Service Corporation D 1287877 FMV CBIA Service Corporation Q 7044921 FMV CBIA Service Corporation P 3025000 FMV CBIA ECONOMIC GROWTH AND OPPORTUNITY FOUNDATION INC P 493240 FMV CBIA ECONOMIC GROWTH AND OPPORTUNITY FOUNDATION INC Q 319000 FMV