60
Community Economic Development Fund Foundation Inc
Community Development · Meriden, Connecticut
965 E Main St, Meriden, CT 06450-6006
EIN: 061380472· Founded: Dec 1994· 32 years active· Filing Year: 2023
Annual Revenue
$2.4M
Total Expenses
$2.2M
Total Assets
$20.9M
Program Spending
55%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$390K
17.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$861K
Total Payroll
$1.3M
56% of total expenses
Where the Money Goes
55%
Programs: 55%
Payroll: 56%
Other overhead: 45%
Program Revenue$1.2M (50%)
Total Expenses$2.2M (92%)
Payroll$1.3M (56%)
Overhead (non-program)45%
Trust Score Breakdown
Program Spending Ratio
55% of expenses go to programs
Revenue & Stability
$2.4M annual revenue
Executive Compensation
$390K total officer comp (17.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$20.9M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.