4 Hartford Business Journal • March 9, 2020 • www.HartfordBusiness.com
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nonprofits face significant financial head-
winds from flat or less state government
funding, and other pressures.
In addition, some cities and towns have seen an
increasing number of properties coming off tax
rolls because they've been bought by nonprofit
organizations, said Kevin Maloney, a spokesman
for the Connecticut Conference of Municipalities.
Maloney pointed out that some nonprofits in
Connecticut aren't tax exempt, and that it's pos-
sible for towns to charge them property taxes.
Additionally, some other nonprofit institutions
have agreed to pay some taxes to the municipal-
ity where they are located, Maloney said.
"Towns have negotiated voluntary payments by
nonprofits, such as Yale University contributing
to New Haven and Quinnipiac University contrib-
uting to Hamden," Maloney said in an email.
It's not clear exactly why Cromwell has be-
gun assessing property taxes on some proper-
ties owned by nonprofit organizations.
Gilead CEO Dan Osborne said while he un-
derstands that municipalities, like nonprofits,
are dealing with budgetary issues and vying for
money needed for worthy causes, the statutes
and precedents surrounding 501(c)(3) entities
and property taxes appear to be pretty clear.
Under protest, Gilead has paid some of the
taxes Cromwell levied on its property at 461
Main St., Osborne said. Gilead is poised to
continue fighting against new taxation from
municipalities, he added, but judgements land-
ing on cities' and towns' side could present an
existential crisis for nonprofits in the state.
"If this were to become a statewide standard
… [it would] threaten the ability for nonprofits
like Gilead to exist, not to mention thrive."
>> Town Profile continued
Cromwell
General
Land area (sq. miles) 12
Median age 43
Population (2020) 14,684
Median household income $85,856
Unemployment rate 3%
Major Employers
Walmart
Stop and Shop
GKN Aerospace Services
Adelbrook Behavioral & Developmental
Covenant Village
Housing stock
Median price $245,000
Median rent $1,199
Government
Total revenue (2017) $54,329,333
Per capita tax $3,021
Mill rate 30.33
Grand list $1,442,103,576
Economy
Top employment
industries Units Jobs
Health care and social assitance 62 1,899
Retail trade 46 1,029
Accomodation and food services 52 1,010
Top taxpayers (2018)
Algonquin Gas Transmission LLC $59,416,070
Convenant Home Inc. $21,998,780
HBN-CSC LLC $16,718,240
Source: AdvanceCT
Gian-Carl Casa is president of the Connecticut
Community Nonprofit Alliance.
Brennan, face of CT's
largest biz lobby, to retire
Connecticut Business & Industry Association
CEO Joseph Brennan, who has been with the
statewide trade association for nearly 32 years,
will retire in late June, officials announced.
Rumors of Brennan's retirement had been
circulating in recent months.
Brennan, 65, first joined CBIA in the late 1980s
as a staff attorney. He climbed the ranks over the
years, assuming the top role in 2015, succeeding
John Rathgeber after his retirement.
CBIA said it is conducting a search for
Brennan's replacement.
As CEO, Brennan has steered CBIA through
three biennial budget sessions at the state Capitol,
two under former Gov. Dannel P. Malloy and the
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