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Nonprofit · EIN 06-0439660

CONNECTICUT BUSINESS & INDUSTRY ASSN INC

Tax-exempt · HARTFORD, CT 06103

Financials

$6.5M$6M2023$7.2M$6.1M2024
Revenue Expenses · by fiscal year end
Financials of CONNECTICUT BUSINESS & INDUSTRY ASSN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,175,308$6,114,602$1,060,706$23,805,638$3,237,441$20,568,197
June 30, 2024990$6,538,531$6,023,659$514,872$23,754,392$3,479,703$20,274,689
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,257,465
Investment income
$883,331
Net gain from sales of assets
$345,927
Other revenue
$34,512

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$655,858
Other salaries and wages
$1,735,222
Salaries, compensation and benefits (total)
$3,176,175
Professional fundraising fees
$0
Accounting fees
$30,125
Occupancy
$439,479
Travel
$50,218
Depreciation
$1,748

Balance sheet and other

Total assets, start of year
$23,754,392
Total assets, end of year
$23,805,638
Total liabilities, end of year
$3,237,441
Net assets, end of year
$20,568,197
Land, buildings and equipment
$999
Publicly traded securities
$13,433,949
Net assets without donor restrictions
$20,568,197
Gross receipts
$9,763,439
Employees
35
Volunteers
0
Year formed
1910
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Christian L DiPentimaPresident
Trustee or director, Officer
32$456,374$0$49,039
KENNETH COMEAUCBIA SECRETARY AND SERVICE CORP PRESIDENT
Officer
8$312,049$0$41,297
MARY BERGAMOCFO and Treasurer
Officer
10$0$246,485$38,446
Thomas DayChief Information Officer
Highest-paid employee
20$0$213,923$25,250
GERARD BUDDVP COMMUNICATIONS
Highest-paid employee
40$167,739$0$39,307
Jose DiasVP Member & Foundation Relations
Highest-paid employee
38$181,591$0$20,695
Christopher DavisVP Public Policy
Highest-paid employee
40$158,953$0$38,878
Matthew HoweVP Marketing
Highest-paid employee
8$169,967$0$10,527
TONI HOLMESASSISTANT SECRETARY
Officer
39$0$85,181$17,483
Brian S Montanarivice chair
Trustee or director, Officer
2$0$0$0
Kevin J Grigg PEchair (until Dec 2024), immediate past chair
Trustee or director, Officer
2$0$0$0
Marietta S Leevice chair (until Dec 2024), chair
Trustee or director, Officer
2$0$0$0
Matthew D McSpedonimmediate past chair (until Dec 2024)
Trustee or director, Officer
2$0$0$0
Michael K BrooderVice Chair (beg Dec 2024)
Trustee or director, Officer
2$0$0$0
Abulkhair A IslamDirector
Trustee or director
1$0$0$0
51 more people on this return
NameTitleHours / weekCompensation
Aida Habtezion MD MScDirector
Trustee or director
1$0
Alison AveryDirector
Trustee or director
1$0
Andrew BolognaDirector
Trustee or director
1$0
Anthony MediciDirector (Beg Dec 2024)
Trustee or director
1$0
Benjamin R TowneDirector
Trustee or director
1$0
Brittany IsherwoodDirector
Trustee or director
1$0
Christina Oneglia RossiDirector (Beg Dec 2024)
Trustee or director
1$0
Christopher J Allen SrDirector
Trustee or director
1$0
Christopher L Levesque SrDirector
Trustee or director
1$0
Dana BeckDirector (Beg Dec 2024)
Trustee or director
1$0
David Fiereck PE LEPDirector
Trustee or director
1$0
Derrick GibbsDirector (Beg Dec 2024)
Trustee or director
1$0
Emily W WiperDirector (until Dec 2024)
Trustee or director
1$0
Erin DumonskiDirector (Beg Dec 2024, until April 2025)
Trustee or director
1$0
Franklyn D ReynoldsDirector
Trustee or director
1$0
Gina LuariDirector (until April 2025)
Trustee or director
1$0
Glendowlyn ThamesDirector
Trustee or director
1$0
Graham N RobinsonDirector (until Dec 2024)
Trustee or director
1$0
Ian K WalshDirector (until Dec 2024)
Trustee or director
1$0
Jacqueline LarameeDirector (Beg Dec 2024)
Trustee or director
1$0
Jason B GuyotDirector
Trustee or director
1$0
Jeff L HubbardDirector (until Dec 2024)
Trustee or director
1$0
Jeff VaresioDirector (until Dec 2024)
Trustee or director
1$0
Jeffrey J WhiteDirector (until Dec 2024)
Trustee or director
1$0
Jennifer CollierDirector
Trustee or director
1$0
Jennifer L MorganDirector
Trustee or director
1$0
Jillian B MayerDirector
Trustee or director
1$0
Joe MaistoDirector
Trustee or director
1$0
Joseph A Kask CPADirector (until Dec 2024)
Trustee or director
1$0
Leander A DolphinDirector
Trustee or director
1$0
Louis GalloDirector
Trustee or director
1$0
Matthew E HummelDirector
Trustee or director
1$0
Maureen GalloDirector (Beg Dec 2024)
Trustee or director
1$0
Meg L GalistinosDirector
Trustee or director
1$0
Meredith R ShayDirector (until Dec 2024)
Trustee or director
1$0
Michele M EtzelDirector
Trustee or director
1$0
Molly C KelloggDirector
Trustee or director
1$0
Moy N OgilvieDirector
Trustee or director
1$0
Nicole RussoDirector (Beg Dec 2024)
Trustee or director
1$0
Pablo Prieto-MunozDirector (Beg Dec 2024)
Trustee or director
1$0
Rebecca Karabin-AhernDirector (Beg Dec 2024)
Trustee or director
1$0
Richard J IovanneDirector
Trustee or director
1$0
Robert AndersonDirector (Beg Dec 2024)
Trustee or director
1$0
Robin L FialaDirector (until Dec 2024)
Trustee or director
1$0
Shawn P CoyneDirector
Trustee or director
1$0
Siriam KrishnaswamiDirector (Beg Dec 2024, until April 2025)
Trustee or director
1$0
Stephen MoroneyDirector (beg Dec 2024)
Trustee or director
1$0
Stephen T SullivanDirector
Trustee or director
1$0
Susan A MartinelliDirector
Trustee or director
1$0
Susan JacksonDirector (Beg Dec 2024)
Trustee or director
1$0
Timothy DiemandDirector (Beg Dec 2024)
Trustee or director
1$0
990 for the year ended June 30, 2024: 53 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Christian L DiPentimaPresident
Trustee or director, Officer
32$535,642$0$45,017
KENNETH COMEAUCBIA SECRETARY AND SERVICE CORP PRESIDENT
Officer
8$337,413$0$38,725
MARY BERGAMOCFO and Treasurer
Officer
10$0$273,621$35,010
ANTHONY BARILLARIVP ADMINISTRATION
Highest-paid employee
18$0$203,831$38,055
ERIC W GJEDEVP GOVT AFFAIRS
Highest-paid employee
40$195,768$0$36,994
GERARD BUDDVP COMMUNICATIONS
Highest-paid employee
39$178,679$0$36,692
STEVEN LEWISNetwork manager
Highest-paid employee
20$0$163,245$14,439
Matthew HoweVP Marketing
Highest-paid employee
19$168,120$0$9,536
TONI HOLMESASSISTANT SECRETARY
Officer
39$0$85,532$15,906
Brian S Montanarivice chair
Trustee or director, Officer
2$0$0$0
Kevin J Grigg PEchair
Trustee or director, Officer
2$0$0$0
Marietta S Leevice chair
Trustee or director, Officer
2$0$0$0
Matthew D McSpedonimmediate past chair
Trustee or director, Officer
2$0$0$0
Abulkhair A IslamDirector
Trustee or director
1$0$0$0
Aida Habtezion MD MScDirector
Trustee or director
1$0$0$0
Alison AveryDirector
Trustee or director
1$0$0$0
Andy BolognaDirector
Trustee or director
1$0$0$0
Benjamin R TowneDirector
Trustee or director
1$0$0$0
Brittany IsherwoodDirector
Trustee or director
1$0$0$0
Christopher J Allen SrDirector
Trustee or director
2$0$0$0
Christopher L Levesque SrDirector
Trustee or director
1$0$0$0
David Fiereck PE LEPDirector
Trustee or director
1$0$0$0
Emily W WiperDirector
Trustee or director
1$0$0$0
Franklyn D ReynoldsDirector
Trustee or director
1$0$0$0
Gina LuariDirector
Trustee or director
1$0$0$0
Glendowlyn ThamesDirector
Trustee or director
1$0$0$0
Graham N RobinsonDirector
Trustee or director
1$0$0$0
Ian K WalshDirector
Trustee or director
1$0$0$0
Jason B GuyotDirector
Trustee or director
1$0$0$0
Jeff L HubbardDirector
Trustee or director
1$0$0$0
Jeff VaresioDirector
Trustee or director
2$0$0$0
Jeffrey J WhiteDirector
Trustee or director
1$0$0$0
Jennifer CollierDirector
Trustee or director
1$0$0$0
Jennifer L MorganDirector
Trustee or director
1$0$0$0
Jillian B MayerDirector
Trustee or director
2$0$0$0
Joe MaistoDirector
Trustee or director
1$0$0$0
Joseph A Kask CPADirector
Trustee or director
2$0$0$0
Leander A DolphinDirector
Trustee or director
1$0$0$0
Louis GalloDirector
Trustee or director
1$0$0$0
Matthew E HummelDirector
Trustee or director
1$0$0$0
Meg L GalistinosDirector
Trustee or director
1$0$0$0
Meredith R ShayDirector
Trustee or director
1$0$0$0
Michael J LaBellaDirector
Trustee or director
1$0$0$0
Michael K BrooderDirector
Trustee or director
1$0$0$0
Michele M EtzelDirector
Trustee or director
2$0$0$0
Molly C KelloggDirector
Trustee or director
1$0$0$0
Moy N OgilvieDirector
Trustee or director
2$0$0$0
Pablo A PrietoDirector
Trustee or director
1$0$0$0
Richard J IovanneDirector
Trustee or director
2$0$0$0
Robin L FialaDirector
Trustee or director
1$0$0$0
Shawn P CoyneDirector
Trustee or director
1$0$0$0
Stephen T SullivanDirector
Trustee or director
1$0$0$0
Susan A MartinelliDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
350 CHURCH ST, HARTFORD, CT 06103-1136
Principal officer (990 for 2024)
Christian DiPentima, 350 Church Street, Hartford, CT 06103
Signed the 990
Alyssa Gorecki, CFO
Phone
(860) 244-1900
Return prepared by
CROWE LLP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
06-0439660
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1938
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,805,638
Income (IRS master file)
$9,763,439

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,175,308$6,114,602$23,805,638XML
990June 2024$6,538,531$6,023,659$23,754,392XML
990June 2023$5,905,869$5,731,477$21,320,391IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-0439660).

Questions about CONNECTICUT BUSINESS & INDUSTRY ASSN INC

What is the EIN of CONNECTICUT BUSINESS & INDUSTRY ASSN INC?
The employer identification number (EIN) of CONNECTICUT BUSINESS & INDUSTRY ASSN INC is 06-0439660.
Is CONNECTICUT BUSINESS & INDUSTRY ASSN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1938.
Are donations to CONNECTICUT BUSINESS & INDUSTRY ASSN INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CONNECTICUT BUSINESS & INDUSTRY ASSN INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CONNECTICUT BUSINESS & INDUSTRY ASSN INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CONNECTICUT BUSINESS & INDUSTRY ASSN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CONNECTICUT BUSINESS & INDUSTRY ASSN INC?
The 990 for the year ended June 30, 2025 names Christian DiPentima.
Who are the officers and directors of CONNECTICUT BUSINESS & INDUSTRY ASSN INC?
The 990 for the year ended June 30, 2025 lists 66 people; 6 received compensation from the organization, the highest $456,374 (Christian L DiPentima, President).
How much revenue does CONNECTICUT BUSINESS & INDUSTRY ASSN INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,175,308, expenses of $6,114,602 and total assets of $23,805,638 at year end.

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