Nonprofit · EIN 20-1452405
SOCIAL ENTERPRISES TRUST INC
Tax-exempt · HARTFORD, CT 06106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $884,807 | $929,565 | -$44,758 | $634,218 | $236,984 | $397,234 |
| December 31, 2023 | 990 | $1,215,937 | $927,703 | $288,234 | $685,630 | $243,638 | $441,992 |
| December 31, 2021 | 990 | $562,164 | $491,466 | $70,698 | $188,227 | $64,655 | $123,572 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $815,568
- of which government grants
- $467,037
- Program service revenue
- $52,835
- Investment income
- $16,404
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $52,020
- Compensation of officers, directors and key employees
- $89,625
- Other salaries and wages
- $223,984
- Salaries, compensation and benefits (total)
- $361,124
- Professional fundraising fees
- $0
- Legal fees
- $349
- Accounting fees
- $40,408
- Occupancy
- $60,125
- Depreciation
- $3,350
- Program services (functional)
- $804,126
- Management and general (functional)
- $115,792
- Fundraising (functional)
- $9,647
Balance sheet and other
- Total assets, start of year
- $685,630
- Total assets, end of year
- $634,218
- Total liabilities, end of year
- $236,984
- Net assets, end of year
- $397,234
- Land, buildings and equipment
- $4,591
- Publicly traded securities
- $5,100
- Net assets without donor restrictions
- $275,236
- Net assets with donor restrictions
- $121,998
- Gross receipts
- $884,807
- Employees
- 7
- Volunteers
- 40
- Year formed
- 2004
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH BODLEY | EXECUTIVE DI Officer | 40 | $93,332 |
| NATE DUDEK | CHAIR EMERIT Trustee or director, Officer | 1 | $0 |
| TARA SPAIN | DIRECTOR Trustee or director | 1 | $0 |
| VIJAY LAKNIDHI | TREASURER Trustee or director, Officer | 1 | $0 |
| DANIEL VILLECCO | DIRECTOR Trustee or director | 1 | $0 |
| LAURA DIANA HABER | DIRECTOR Trustee or director | 1 | $0 |
| JENN T GRACE | DIRECTOR Trustee or director | 1 | $0 |
| ALI LAZOWSKI | CHAIR Trustee or director, Officer | 1 | $0 |
| PETER LEE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID MENARD | DIRECTOR Trustee or director | 1 | $0 |
| GUILAINE MENEFEE | SECRETARY Trustee or director, Officer | 1 | $0 |
| DAVID O'LEARY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH BODLEY | EXECUTIVE DI Officer | 40 | $91,403 |
| NATE DUDEK | CHAIR Trustee or director, Officer | 1 | $0 |
| TARA SPAIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| VIJAY LAKNIDHI | TREASURER Trustee or director, Officer | 1 | $0 |
| MIKE BROODER THRU NOV 2023 | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL VILLECCO STARTED NOV 2023 | DIRECTOR Trustee or director | 1 | $0 |
| LAURA DIANA HABER | DIRECTOR Trustee or director | 1 | $0 |
| JENN T GRACE | DIRECTOR Trustee or director | 1 | $0 |
| ALI LAZOWSKI | DIRECTOR Trustee or director | 1 | $0 |
| PETER LEE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID MENARD | DIRECTOR Trustee or director | 1 | $0 |
| GUILAINE MENEFEE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID O'LEARY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2021: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SARAH BODLEY | EXECUTIVE DI Trustee or director, Officer | 40 | $78,359 | $393 |
| MIKE BROODER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| NATE DUDEK | CHAIR Trustee or director, Officer | 12 | $0 | $0 |
| JENN T GRACE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| LAURA DIANA HABER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| VIJAY LAKNIDHI | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| ALI LAZOWSKI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| PETER LEE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DAVID MENARD | DIRECTOR Trustee or director | 3 | $0 | $0 |
| GUILAINE MENEFEE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DAVID O'LEARY | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TARA SPAIN | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1429 PARK STREET, HARTFORD, CT 06106-2236
- In care of
- % MIKE THURZ
- Principal officer (990 for 2024)
- SARAH BODLEY, 1429 PARK STREET, HARTFORD, CT 06106
- Signed the 990
- SARAH BODLEY, EXECUTIVE DIRECTOR
- Phone
- (860) 560-9120
- Website
- WWW.RESETCO.ORG
- Return prepared by
- FIONDELLA MILONE & LASARACINA LLP
Mission
TO ADVANCE THE SOCIAL ENTERPRISE SECTOR.
Program accomplishments
- THE ORGANIZATION OFFERS PROGRAMS AND EVENTS FOR CULINARY ENTREPRENEURS, IN PARTNERSHIP WITH THE HARTFORD CULINARY COLLABORATIVE. COHORT PROGRAMS INCLUDE SEMINARS, PEER LEARNING, MENTORSHIP, GUEST SPEAKERS, PITCH OPPORTUNITIES, ACCESS TO COWORKING SPACE. IN 2024, RESET'S 12-WEEK FOOD INCUBATOR PROGRAM SUPPORTED 12 BUSINESSES. THE DIGITAL MARKETING MASTERMIND TARGETS ESTABLISHED ENTREPRENEURS, SUPPORTING 12 BUSINESSES IN 2024. HCC WRAPAROUND SUPPORT REACHED 345 ENTREPRENEURS IN 2024.Expenses $260,181 · revenue $52,835
- THE ORGANIZATION'S RETAIL INCUBATOR IS A 12-WEEK PROGRAM DESIGNED FOR RETAIL ENTERPRENEURS PREPARED TO LAUNCH THEIR BUSINESS. THE COURSE INCLUDES WEEKLY SEMINARS, PEER LEARNING, MENTORSHIP AND GUEST SPEAKERS, AS WELL AS ACCESS TO COWORKING SPACE AND COACHING. THE 2024 RETAIL INCUBATOR SUPPORTED 10 BUSINESSES, AND CULMINATED IN A POPUP SALES EVENT IN HARTFORD. THE FLOOR-PLAN RETAIL ACTIVATION INITIATIVE IS A PARTNERSHIP WITH BREAKFAST LUNCH & DINNER REACHING OVER 300 BUSINESSES IN 2024.Expenses $235,176
- THE ORGANIZATION'S IMPACT ACCELERATOR OFFERS AN IN-DEPTH, MULTI-MONTH EXPERIENCE FOR ENTERPRENEURS GROWING THEIR BUSINESSES. THE COURSE INCLUDES INTENSIVE SEMINARS, MENTORSHIP, COWORKING SPACE AND COACHING, AND OPPORTUNITIES TO PITCH TO INVESTORS. THE 2024 IMPACT ACCELERATOR SUPPORTED 10 BUSINESSES, WITH 14 ENTREPRENEURS REPRESENTED IN THE COHORT. 27 VOLUNTEERS PROVIDED OVER 60 HOURS OF MENTORSHIP AND GUEST LECTURES AS PART OF THE PROGRAM.Expenses $98,790
- OTHER PROGRAMSExpenses $209,979 · grants $52,020
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1452405
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $634,218
- Income (IRS master file)
- $884,807
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $884,807 | $929,565 | $634,218 | IRS |
| 990 | December 2023 | $1,215,937 | $927,703 | $685,630 | XML |
| 990 | December 2022 | $620,393 | $590,207 | $415,279 | IRS |
| 990 | December 2021 | $562,164 | $491,466 | $188,227 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 20-1452405).
Questions about SOCIAL ENTERPRISES TRUST INC
- What is the EIN of SOCIAL ENTERPRISES TRUST INC?
- The employer identification number (EIN) of SOCIAL ENTERPRISES TRUST INC is 20-1452405.
- Is SOCIAL ENTERPRISES TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to SOCIAL ENTERPRISES TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOCIAL ENTERPRISES TRUST 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 SOCIAL ENTERPRISES TRUST INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOCIAL ENTERPRISES TRUST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOCIAL ENTERPRISES TRUST INC?
- The 990 for the year ended December 31, 2024 names SARAH BODLEY.
- Who are the officers and directors of SOCIAL ENTERPRISES TRUST INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $93,332 (SARAH BODLEY, EXECUTIVE DI).
- How much revenue does SOCIAL ENTERPRISES TRUST INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $884,807, expenses of $929,565 and total assets of $634,218 at year end.
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