Overview
What is Connecticut Talent Assistance Cooperative?
Connecticut Talent Assistance Cooperative, also known as CONNTAC Inc., is a nonprofit organization situated in Meriden, Connecticut. With a mission to promote and expand educational opportunities for Connecticut residents, CONNTAC advocates for issues and provides support services to individuals from low-income, first-generation backgrounds. They aim to encourage those who have not pursued post-secondary education to continue their studies by offering career counseling, tutoring, workshops, financial aid resources, and referrals. With a team of 12 dedicated employees, CONNTAC's initiatives are designed to foster equal educational access and opportunity for the people of Connecticut.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Connecticut Talent Assistance Cooperative has received a Three-Star rating from Charity Navigator, with an overall score of 86%, reflecting a strong emphasis on accountability and finance. This rating indicates that the organization meets several important standards, particularly in financial oversight, as evidenced by its high scores in areas such as audit and oversight committee functioning, and the absence of any material asset diversion.
Strengths of the organization include a well-structured board, with seven independent members, and a high program expense ratio of 83.41%, which suggests a significant portion of its resources is directed toward its programs. The presence of strong policies, including conflict of interest and whistleblower policies, highlights its commitment to transparency and governance.
However, the organization does face some limitations, particularly regarding its lack of an independent board majority and missing key documentation on its website, such as the tax form and website listing. These factors may affect perceptions of its transparency and governance practices, despite the overall positive financial management reflected in its accountability score.
This AI summary has been generated from information found on Charity Navigator.
Is Connecticut Talent Assistance Cooperative legitimate?
Connecticut Talent Assistance Cooperative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Talent Assistance Cooperative 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: $83,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $506,419
For more financial information, click here
What is the mission statement of Connecticut Talent Assistance Cooperative?
The Connecticut Talent Assistance Cooperative, often referred to as CONNTAC, is committed to promoting and expanding equal educational access and opportunities for Connecticut residents. The organization advocates for issues and provides support services for individuals from low-income, first-generation backgrounds in education. Their mission is to ensure that every resident in Connecticut has equal access to educational opportunities, thereby fostering a more inclusive and equitable educational landscape.
Who is the CEO of Connecticut Talent Assistance Cooperative?
Kenneth Armstring is the Principal Officer of Connecticut Talent Assistance Cooperative.
What is the revenue of Connecticut Talent Assistance Cooperative?
Connecticut Talent Assistance Cooperative's revenue in 2022 was $839,250.
Who are the executives of Connecticut Talent Assistance Cooperative and what are their salaries?
The average compensation at Connecticut Talent Assistance Cooperative during 2022 was $49,168. There are 12 employees at Connecticut Talent Assistance Cooperative.
Here are 13 key members and their salaries:
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- Compensation: $83,600
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Where can I find the form 990 for Connecticut Talent Assistance Cooperative?
Connecticut Talent Assistance Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Connecticut Talent Assistance Cooperative
Connecticut Talent Assistance Cooperative (CONNTAC) is committed to promoting and expanding educational access and opportunities for Connecticut residents. This mission-driven organization advocates for issues and provides support services for individuals from low-income backgrounds and first-generation education. By advocating for equitable education, CONNTAC aims to level the playing field and ensure that every Connecticut resident has the chance to access quality education and seize opportunities, regardless of their financial situation or background.
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Impact
October, 2024
Connecticut Talent Assistance Cooperative plays a vital role in promoting equal educational access and opportunity for residents of Connecticut, particularly targeting those from low-income and first-generation backgrounds. By providing essential support services, CONNTAC encourages individuals who may not have considered pursuing post-secondary education to take that crucial step.
The impact of CONNTAC is evident through its comprehensive approach, which includes career counseling, tutoring, workshops, and financial aid resources. These services equip individuals with the necessary tools and guidance to navigate the complexities of higher education. By advocating for educational equity and expanding opportunities, CONNTAC not only helps individuals succeed but also fosters a more educated and skilled workforce, contributing to the overall growth and prosperity of the community.
This information is meant to be a general summary of Connecticut Talent Assistance Cooperative. 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 2022.
- Investment Income: $2,504
- Gross Receipts: $839,250
Assets and Liabilities:
- Total Assets: $270,894
- Total Liabilities: $122,788
- Net Assets: $148,106
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Organization Details
Founding Year
1984
Phone
(203) 634-7669Principal Officer
Kenneth Armstring
Main Address
1C 35 PLEASANT STREET, MERIDEN, CT, 06450
NTEE Category
Code: B90 - Education
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