Main Street Community Foundation Inc

Bristol, Connecticut - EIN 06-1433299 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 12, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 12, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Main Street Community Foundation Inc reported $7,839,262 in revenue and $2,712,435 in expenses in fiscal 2025, a surplus of $5,126,827 for the year. Program services took $1,928,243 of expenses, or 71.1%. The organization closed the year with $44,582,007 in net assets - about 197.2 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$7,839,262

Up 37.0% from $5,724,109 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$2,712,435

Revenue minus expenses: $5,126,827 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
71.1%

$1,928,243 of $2,712,435 went to program services.

NET ASSETS - END OF FISCAL 2025
$44,582,007

Total assets $44,724,466 minus total liabilities $142,459.

TOP EXECUTIVE PAY - FISCAL 2025
$210,412

Susan Sadecki, President & CEO, as reported on the fiscal-2025 Form 990, filed May 12, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
8 Employees

Plus 120 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 12, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$1,928,243 (71.1%)
Fundraising$101,231 (3.7%)
Management and General$682,961 (25.2%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.02 - $101,231 in fundraising expenses divided by $4,700,505 in total contributions. On cash contributions only: $0.03.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$4,700,505
Of Which Cash Contributions$3,881,849
Of Which Donated Goods (Noncash)$818,656
Fundraising Events$226,210
All Other Contributions$4,474,295
Program Service Revenue$223,084
Investment Income$2,963,614
Other Revenue-$47,941
Total Revenue (All Sources)$7,839,262
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

197.2 Months

of reserves - $44,582,007 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $226,036 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$44,724,466
Total Liabilities$142,459
Liabilities as Share of Assets0.3%
Net Assets$44,582,007

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 12, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Susan Sadecki - President & CEO$210,4127.76%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 12, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

21 voting members, 20 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Susan SadeckiPresident & CEO
Daniel J DaigleChair Of The Board
Kathryn C ReinhardVice Chair
Scott FournierPast Chair Of The Board
Kyle S BiddickTreasurer
William R MicariSecretary
Megan E AlbaneseDirector
Jarre B BettsDirector
Brent T DavenportDirector
Andrea LaneseDirector
Mark MoriartyDirector
Jennifer O'ConnorDirector
Michael F SweeneyDirector
Andrea WasleyDirector
Rebecca B ZapponeDirector
Wyland Dale CliftDirector
Paula KnightDirector
Jonathan DonovanDirector As Of 03/2025
Jessica L PieriDirector As Of 03/2025
Kim Ward HolleyDirector As Of 06/2025
Scott W RosadoDirector As Of 03/2025
Virginia FitzgeraldDirector Until 03/2025
Mark MalleyDirector Until 03/2025
Suzanne M PassiniDirector Until 04/2025
John D ScarrittDirector Until 03/2025

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence21 voting / 20 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $1,458,385 in grants paid in fiscal 2025.

Recipient, as ReportedAmount
American Clock & Watch Museum
GRANTS FOR ARTS & CULTURE & COMMUNITY DEVELOPMENT
$12,060
Boys & Girls Club Of Bristol Family Center
GENERAL SUPPORT; GRANTS FOR YOUTH DEVELOPMENT; PHILANTHROPY & RECREATION & SPORTS
$73,910
Bread For Life Inc
GRANTS FOR FOOD, NUTRITION, AND PHILANTHROPY
$13,650
Bristol Adult Resource Center Inc
GRANTS FOR HUMAN SERVICE
$15,670
Bristol Community Services
GRANTS FOR EDUCATION
$51,000
Bristol Ct Little League Inc
GRANTS FOR PHILANTHROPY & RECREATION & SPORTS
$5,750
Bristol Family Resource Centers
GRANTS FOR YOUTH DEVELOPMENT AND EDUCATION
$9,360
Bristol Health
GRANTS FOR GENERAL HEALTH
$50,500
Bristol Hospital Development Foundation
GRANTS FOR GENERAL HEALTH
$21,270
Bristol Works Inc
GRANTS FOR PHILANTHROPY & EDUCATION
$11,400
Central Connecticut Online Journalism Project Inc
GRANTS FOR EDUCATION AND YOUTH DEVELOPMENT
$12,025
City Of Bristol
GRANTS FOR LIBRARY SERVICES AND EDUCATIONAL PURPOSES
$183,840
Connecticut Public Broadcasting Inc
GRANTS FOR ARTS & CULTURE
$11,500
Emmanuel Baptist Church
GRANTS FOR RELIGION
$10,000
Environmental Learning Centers Of Ct Inc
GRANTS FOR ENVIRONMENTAL, RECREATION AND SPORTS, AND YOUTH DEVELOPMENT
$30,310
Grace Baptist Church
GRANTS FOR FOOD AND NUTRITION
$5,100
Greater Bristol Historical Society
GRANTS FOR ARTS & CULTURE & HISTORICAL SOCIETIES
$14,540
Imagine Nation A Museum Early Learning Center
GRANTS FOR EDUCATION, PHILANTHROPHY AND ARTS AND CULTURE
$8,075
Jane Doe No More
GRANTS FOR HUMAN SERVICES
$6,016
Nutmeg Symphony Orchestra
GRANTS FOR ARTS AND CULTURE, PHILANTHROPY, AND EDUCATION
$6,635
Opportunity House Inc
GRANTS FOR HUMAN SERVICE
$7,330
Parc Inc
GRANTS FOR HUMAN SERVICES AND COMMUNITY DEVELOPMENT
$10,500
Plymouth Community Food Pantry
GRANTS FOR FOOD AND NUTRITION, HUMAN SERVIES AND COMMUNITY DEVELOPMENT
$9,000
Prudence Crandall Center Inc
GRANTS TO SUPPORT MENTAL HEALTH AND HUMAN SERVICES
$33,100
Renbrook School
GRANTS FOR EDUCATION
$6,000
Salvation Army Bristol Corps
GRANTS FOR ARTS AND CULTURE AND HUMAN SERVICES
$47,500
Shepard Meadows Therapeutic Riding Center Inc
GRANTS FOR COMMUNITY DEVELOPMENT, ANIMAL-RELATED, AND MENTAL HEALTH
$18,250
Southington-Cheshire Community Ymcas
GRANTS FOR GENERAL HEALTH
$15,460
Southington Community Cultural Arts Inc
GRANTS FOR COMMUNITY DEVELOPMENT AND ARTS AND CULTURE
$12,060
Southington Community Services
GRANTS FOR YOUTH DEVELOPMENT, HUMAN SERVICES, AND EDUCATION
$10,200
St Vincent Depaul Mission Of Bristol Inc
GRANTS FOR HOUSING AND SHELTER
$21,060
The Bushnell
GRANTS FOR ARTS AND CULTURE
$6,500
The Carousel Museum
GRANTS FOR ARTS AND CULTURE
$14,650
The Joe And Kay Calvanese Foundation Inc
GRANTS FOR PHILANTHROPY
$27,728
The Tavern Day Group
GRANTS FOR COMMUNITY DEVELOPMENT AND HISTORICAL SOCIETIES-ACTIVITIES
$6,000
Town Of Plainville
GRANTS FOR HOUSING-SHELTER AND ANIMAL RELATED
$6,710
Tunxis Community College Foundation Inc
GRANTS FOR EDUCATIONAL PURPOSES
$34,230
United Way Of West Central Ct
GRANTS FOR HUMAN SERVICES AND YOUTH DEVELOPMENT
$14,590
Veterans Strong Community Center
GRANTS FOR HUMAN SERVICES AND COMMUNITY DEVELOPMENT
$10,100
West Cemetery Association
QUARTERLY DISTRIBUTION FOR THE CARE AND UPKEEP OF THE CHAPEL
$18,750
Wheeler Clinic
GRANTS FOR HUMAN SERVICES, PHILANTHROPY, MENTAL AND GENERAL HEALTH
$16,760
YWCA Of New Britain
SEXUAL ASSAULT CRISIS SERVICES
$10,000

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$5,724,109-
Fiscal 2025$7,839,262+37.0%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jan 1, 2025 - Dec 31, 2025Form 990In Force - Filed May 12, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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