1. Directory
  2. Connecticut
  3. New Haven
  4. AdvanceCT (CERC)
EIN 06-1369657

AdvanceCT (CERC)

IRS 501(c) type
501(c)(6)
Num. employees
27
City
New Haven
State
Connecticut
Year formed
1993
Most recent tax filings
2022-12-01
NTEE code, primary
S40: Business and Industry
Description
CERC is a nonprofit corporation and public-private partnership that provides economic development services consistent with state strategies, leveraging Connecticut’s unique advantages as a premier business location.
Also known as...
Connecticut Economic Resource Center; Cerc
Total revenues
$4,786,663
2022
Total expenses
$4,370,375
2022
Total assets
$4,751,498
2022
Num. employees
27
2022

Program areas at CERC

Advancect works to engage, retain and recruit businesses, and grow The Connecticut economy for The benefit of The state's companies and residents. In collaboration with The state of Connecticut department of Economic and community development, Advancect operates as The place where business, government, higher education and nonprofits come together to implement high impact and inclusive Economic development solutions to improve quality of life for all.

Personnel at CERC

NameTitleCompensation
Peter L DeniousChief Executive Officer$247,432
Shirar O'ConnorVice President , Marketing
Cathy ScangarellaExecutive Vice President of Business Retention and Expansion
David CampbellVice President , Business Development / Vice President of Business Development$149,077
Rachel GretencordCfa Vice President , Research$129,563
...and 11 more key personnel

Financials for CERC

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,384,167
Program services$2,400,668
Investment income and dividends$1,828
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,786,663

Form 990s for CERC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-01990View PDF
2021-122022-10-17990View PDF
2020-122021-11-10990View PDF
2019-122022-01-05990OView PDF
2018-122020-06-15990OView PDF
...and 9 more Form 990s
Data update history
September 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 23, 2023
Used new vendors
Identified 1 new vendor, including
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 4, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsState / local level
General information
Address
470 James St 9
New Haven, CT 06513
Metro area
New Haven-Milford, CT
Website URL
advancect.org/ 
Phone
(860) 571-7136
Facebook page
CERCInc 
Twitter profile
@cercinc 
IRS details
EIN
06-1369657
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
Free account sign-up

Want updates when CERC has new information, or want to find more organizations like AdvanceCT (CERC)?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy