Nonprofit · EIN 26-0149896
CCARC FOUNDATION INC
Tax-exempt · NEW BRITAIN, CT 06053
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $90,568 | $42,740 | $47,828 | $3,539,690 | $250,315 | $3,289,375 |
| June 30, 2024 | 990 | $19,808 | $424,024 | -$404,216 | $3,015,826 | $13,192 | $3,002,634 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $428
- Program service revenue
- $0
- Investment income
- $90,140
- Net gain from sales of assets
- $35,635
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,770
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $7,722
- Program services (functional)
- $3,770
- Management and general (functional)
- $38,970
Balance sheet and other
- Total assets, start of year
- $3,015,826
- Total assets, end of year
- $3,539,690
- Total liabilities, end of year
- $250,315
- Net assets, end of year
- $3,289,375
- Land, buildings and equipment
- $82,522
- Publicly traded securities
- $3,196,876
- Net assets without donor restrictions
- $3,102,080
- Net assets with donor restrictions
- $187,295
- Gross receipts
- $245,346
- Employees
- 0
- Volunteers
- 13
- Year formed
- 2006
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LINDA IOVANNA | CEO Officer | 2 | $0 | $222,319 | $32,826 |
| ZAIDA SOTO BAHAMONDE | SENIOR VICE PRESIDENT FINANCE Officer | 4 | $0 | $113,321 | $15,355 |
| ANDREAS KAPETANOPOULOS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN CUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CATHY VACCHELLI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES BOOS | OUTGOING DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DONNA RUTOLA | OUTGOING DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GREGORY STAFSTROM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JACK ISSAC | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LINDSLEY WELLMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LYNN RICCI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARY JEAN AGOSTINI | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MELISSA GAGNE | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL CARRIER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAUL DOMINOV | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL SALINA | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT BOOS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LINDA IOVANNA | CEO Officer | 2 | $0 | $203,456 | $27,422 |
| ANDREAS KAPETANOPOULOS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN CUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CATHY VACCHELLI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES BOOS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DONNA RUTOLA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GREGORY STAFSTROM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LINDSLEY WELLMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LYNN RICCI | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARY JEAN AGOSTINI | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MELISSA GAGNE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL CARRIER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAUL SALINA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT BOOS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 950 SLATER RD, NEW BRITAIN, CT 06053-1658
- In care of
- % ANNE RUWET
- Mailing address (990-N for 2009)
- 950 Slater Road, New Britain CT 06053
- Principal officer (990 for 2024)
- LINDA IOVANNA, 950 SLATER RD, NEW BRITAIN, CT 06053
- Principal officer (990-N for 2009)
- Anne Ruwet, 950 Slater Road, New Britain CT 06053
- Signed the 990
- LINDA IOVANNA, CHIEF EXECUTIVE OFFICER
- Phone
- (860) 229-6665
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
CCARC FOUNDATION, INC. SUPPORTS THE PROGRAMS AND GOALS OF CCARC, INC.
Program accomplishments
- THE FOUNDATION'S ONLY PROGRAM IS TO SUPPORT CCARC, INC. IN ITS MISSION.Expenses $3,770 · grants $3,770
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0149896
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $3,539,690
- Income (IRS master file)
- $245,346
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $43,262 | $27,260 | $3,154,612 | IRS |
| 990 | June 2022 | $127,901 | $26,449 | $2,930,704 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: Anne Ruwet | June 30, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CCARC FOUNDATION INC
- What is the EIN of CCARC FOUNDATION INC?
- The employer identification number (EIN) of CCARC FOUNDATION INC is 26-0149896.
- Is CCARC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to CCARC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CCARC FOUNDATION 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 CCARC FOUNDATION 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 CCARC FOUNDATION 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 CCARC FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names LINDA IOVANNA.
- Who are the officers and directors of CCARC FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does CCARC FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $90,568, expenses of $42,740 and total assets of $3,539,690 at year end.
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