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Filing year 2024

SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP

Groton, Connecticut·EIN 22-2973506·3
Total revenue
$3.3M
Total assets
$9.8M
Total expenses
$2.3M
Reported officers
30
Mission

VISION: SECTER IS THE LEAD REGIONAL ECONOMIC DEVELOPMENT RESOURCE, STIMULATING GROWTH AND PROSPERITY IN SOUTHEASTERN CONNECTICUT MISSION: MAKING SOUTHEASTERN CONNECTICUT STRONGER AND MORE VIBRANT BY 2030 VALUES: SECTER BELIEVES: -IN SUPPORTING AND MAKING OUR CLIENTS AND COMMUNITIES SUCCESSFUL -OUR BOARD AND STAFF ARE REFLECTIVE OF THE CLIENTS WE SERVE -IN VALUING OUR EMPLOYEES AND REWARDING INTEGRITY, TEAMWORK INNOVATION, AND EXCELLENCE -IN COLLABORATING WITH AND BEING RESPONSIVE TO CLIENTS AND PARTNERS -IN BEING ACCOUNTABLE FISCALLY AND PROFESSIONALLY TO ALL STAKEHOLDERS -IN ADVOCATING FOR OUR CLIENTS, OUR SERVICES, AND OUR COMMUNITY -IN DIVERSITY AND INCLUSIVENESS

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$169k
$182k
Base
$152k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Up 11%
from 2023

From $152k in 2023 to $169k in 2024.

$152k
2023
$169k
2024
In today's dollarsEst.
Up 7% in real terms$170k to $182k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.4M
$2.8M
2023
$3.3M
$2.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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