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Connecticut · Nonprofit

BRIDGEPORT REGIONAL BUSINESS COUNCIL

BRIDGEPORT REGIONAL BUSINESS COUNCIL (Connecticut) receives grants from 3 organizations whose IRS filings report $88,250 to it, the largest being ENTREPRENEURSHIP FOUNDATION INC ($60,000). 1 of them have funded it in more than one year.

Revenue FY2024
$1.0M
Funders on record
3
Grants received
$88k
Net assets
$-105340
1/3 repeat funderspeak grant-dependency 1%
01What it does

What Bridgeport Regional Business Council does

Mission

To increase opportunities for the people of the bridgeport region by acting to create an environment for business expansion, retention and recruitment that will result in jobs and tax base growth.

As stated on its FY2024 Form 990.

Programs

  1. Membership-various services and programs to directly benefit the member companies of the regional chamber of commerce.

    $558,537 spent$223,151 earned by the program
    57% of program spending

  2. Economic development programs and projects designed to increase job and tax base in the region, work with consultants and taskforces to conduct research and promotion of expansion and growth.

    $189,686 spent$287,250 earned by the program
    19% of program spending

  3. Affiliates-to provide program services and administrative support for the bridgeport, trumbull and stratford chambers of commerce and the womens leadership program.

    $94,323 spent
    10% of program spending

  4. Government relations expenses $56,746. Including grants of $0. Revenue $0 communications expenses $51,281. Including grants of $0. Revenue $0 community resources expenses $25,157. Including grants of $0. Revenue $0

    $133,187 spent
    14% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $975,733.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($1.2M) Net assets 100 ($127k)2018 Revenue 99 ($1.1M) Expenses 109 ($1.3M) Net assets -33 ($-42060)2019 Revenue 84 ($924k) Expenses 89 ($1.0M) Net assets -112 ($-141832)2020 Revenue 59 ($652k) Expenses 56 ($646k) Net assets -107 ($-135941)2021 Revenue 69 ($761k) Expenses 51 ($588k) Net assets 30 ($38k)2023 Revenue 77 ($844k) Expenses 80 ($924k) Net assets -6 ($-8024)2024 Revenue 94 ($1.0M) Expenses 98 ($1.1M) Net assets -83 ($-105340)
2017201820192020202120232024
Revenue (94)Expenses (98)Net assets (-83)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $346k to $640k (+85%).

$297k
$173k
$152k
$213k
$389k
$346k
$640k
2017201820192020202120232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 1% · 2021 14%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.

−$54k
’17
−$169k
’18
−$100k
’19
$6k
’20
$173k
’21
−$80k
’23
−$97k
’24
4.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dan Onofrio

President & CEO

As listed on its FY2024 Form 990.

2017201820192020202120232024
Listed62595050513429
Joined·+13+13+0+9·+1
No longer listed·162208·6
03Who funds it

Who funds it, year by year

2020 → 2022: the base held at 1 funder, grant income rose $6k → $60k.

Funder
'20
'21
'22
'24*
total
funders
1
1
1
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $60k from 2 payers (the payer shares this organization's board, largest SVMC Holdings Inc). These are real filings, and they are not money BRIDGEPORT REGIONAL BUSINESS COUNCIL raised.

From the IRS filings of BRIDGEPORT REGIONAL BUSINESS COUNCIL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BRIDGEPORT REGIONAL BUSINESS COUNCIL leans on a few funders — its largest provides 68% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BRIDGEPORT REGIONAL BUSINESS COUNCIL.

68%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of BRIDGEPORT REGIONAL BUSINESS COUNCIL's grant income comes from Connecticut funders.

CT

In-state vs out-of-state, by year

’20
’21
’22
Connecticut out of state home

Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like BRIDGEPORT REGIONAL BUSINESS COUNCIL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

The Bridgeport Regional Business Foundation Inc85%Brm Support Corporation79%Bridgeport Economic Development Corp79%Bridgeport Public Education Fund Inc79%Gbapp Inc79%The University of Bridgeport Inc79%Bridgeport Pride Center Inc79%New Britain Chamber of Commerce78%

Nationally

The Bridgeport Regional Business Foundation Inc85%Burlington County Regional Chamber of Commerce82%Blowing Rock Chamber of Commerce Inc81%Lake Champlain Regional Chamber of Commerce Inc80%Business Development Corporation of the Northern Panhandle80%Greater Green Bay Chamber of Commerce Inc80%Brainerd Lakes Area Chambers of Commerce80%Business Council of New York State Inc80%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

29
board members
97%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CT

Part of a family of 2 related entities

  • The Bridgeport Regional Business Foundation Inc · exempt
  • The Bridgeport Economic Development Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BRIDGEPORT REGIONAL BUSINESS COUNCIL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BRIDGEPORT REGIONAL BUSINESS COUNCIL?
BRIDGEPORT REGIONAL BUSINESS COUNCIL (Connecticut) receives grants from 3 organizations whose IRS filings report $88,250 to it, the largest being ENTREPRENEURSHIP FOUNDATION INC ($60,000). 1 of them have funded it in more than one year.
How many funders does BRIDGEPORT REGIONAL BUSINESS COUNCIL have?
IRS filings report 3 organizations giving $88,250 in grants to BRIDGEPORT REGIONAL BUSINESS COUNCIL, 1 of which have funded it in more than one year.
Who is the largest funder of BRIDGEPORT REGIONAL BUSINESS COUNCIL?
ENTREPRENEURSHIP FOUNDATION INC is the largest funder on record, with $60,000 in grants. The full list of funders is on this page.
How can an organization like BRIDGEPORT REGIONAL BUSINESS COUNCIL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Bridgeport Regional Business Council →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing