Overview
What is Connecticut Business And Industry Association Inc?
Connecticut Business and Industry Association Inc, located in Hartford, Connecticut, serves as an advocate for its member companies at the state capitol. They accomplish this by employing registered lobbyists, organizing meetings and tours, sponsoring events, and fostering councils that encourage involvement in the legislative process. With a mission to shape debates about economic competitiveness, the association strives to improve the business climate and advocate for a prosperous future for all. The organization, with over 33 employees, is an influential voice in Connecticut's business community.
Official website here: www.cbia.com
Is Connecticut Business And Industry Association Inc legitimate?
Connecticut Business And Industry Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Connecticut Business And Industry Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $909,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,954,095
For more financial information, click here
Official website here: www.cbia.com
What is the mission statement of Connecticut Business And Industry Association Inc?
Connecticut Business and Industry Association Inc serves as an advocate for businesses, with numerous member companies advocating for change at the state level. They actively engage in shaping debates about economic competitiveness, striving for a better future for all. Their mission is twofold: firstly, they represent the interests of their members at the state capitol by employing lobbyists and hosting meetings to facilitate communication with elected officials. Secondly, they sponsor events to highlight the significance of business and manufacturing to the state's economy and encourage member involvement in the legislative process.
Official website here: www.cbia.com
Who is the CEO of Connecticut Business And Industry Association Inc?
Unavailable
Official website here: www.cbia.com
What is the revenue of Connecticut Business And Industry Association Inc?
Connecticut Business And Industry Association Inc's revenue in 2023 was $5,905,869.
Official website here: www.cbia.com
Who are the executives of Connecticut Business And Industry Association Inc and what are their salaries?
The average compensation at Connecticut Business And Industry Association Inc during 2023 was $86,787. There are 33 employees and 40 volunteers at Connecticut Business And Industry Association Inc.
Here are 49 key members and their salaries:
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- Other: $57,182
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- Compensation: $363,001
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- Other: $45,425
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- Related: $269,802
- Other: $43,821
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- Related: $73,043
- Other: $16,522
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- Related: $202,894
- Other: $45,236
- Compensation: $184,328
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- Other: $50,782
- Compensation: $172,808
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- Other: $49,931
- Compensation: $159,895
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- Other: $9,577
- Compensation: $0
- Related: $168,525
- Other: $22,159
Official website here: www.cbia.com
Where can I find the form 990 for Connecticut Business And Industry Association Inc?
Connecticut Business And Industry Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cbia.com
Learn more at the official website: www.cbia.com
Mission Statement of Connecticut Business And Industry Association Inc
Connecticut Business and Industry Association Inc, often referred to as CBIA, serves as the advocate for businesses in the state. With a substantial number of member companies, CBIA actively engages in shaping debates concerning economic competitiveness at the state capitol. Their primary goal is to foster a better future for all, acting as a powerful voice for the business community.
In order to achieve this mission, CBIA employs registered lobbyists, organizes meetings, and facilitates company tours between its members and their elected state officials. These initiatives enable effective communication between businesses and the government, ensuring their concerns and interests are heard. Additionally, CBIA sponsors events at the state capitol to emphasize the vital role that business and manufacturing play in the state's economy.
Furthermore, CBIA encourages member involvement in the legislative process through sponsoring councils. These councils serve as a platform for businesses to actively participate in shaping laws and policies that impact their operations and the broader economy. By engaging in these activities, CBIA effectively champions change at the state capitol, ensuring a better future for businesses in Connecticut.
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Impact
October, 2024
Connecticut Business And Industry Association Inc (CBIA) plays a critical role in advancing the interests of businesses across Connecticut. With a vast membership base of thousands of companies, CBIA serves as the primary advocate for the business community at the state capitol. By employing registered lobbyists, CBIA effectively represents its members' concerns and works towards creating a favorable environment for economic growth.
The organization engages in active dialogue through hosting meetings and company tours, fostering communication between business leaders and elected officials. These interactions are designed to ensure that the perspectives of the business community are heard and considered in legislative discussions. CBIA also sponsors events at the state capitol that underscore the significance of business and manufacturing sectors to the state’s economy, highlighting their contributions to job creation and community prosperity.
Moreover, CBIA organizes councils that encourage its members to participate actively in the legislative process, empowering businesses to influence the policies that affect their operations. Through these initiatives, CBIA shapes public policy debates around economic competitiveness, striving for an improved business climate that benefits all Connecticut residents. The collective efforts of CBIA not only bolster the economic landscape but also contribute to community improvement, creating opportunities for a brighter future.
This information is meant to be a general summary of Connecticut Business And Industry Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $376,510
- Program Service Revenue: $5,520,820
- Gross Receipts: $8,092,633
Assets and Liabilities:
- Total Assets: $21,320,391
- Total Liabilities: $3,475,629
- Net Assets: $17,844,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership dues
Revenue
$5,230,793
Seminars and meetings
Revenue
$284,244
Survey and book sales
Revenue
$5,783
Organization Details
Founding Year
1910
Phone
(860) 244-1900Main Address
350 Church Street, Hartford, CT, 06103
Website
www.cbia.comNTEE Category
Code: S41 - Community improvement
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