Hedco Inc
Providing resources, empowering entrepreneurs, building communities.
Hedco Inc at a glance
- Total assets
- $35,798,063
- +3.7% vs 2024
- Revenue (2025)
- $4,015,725
- -17.9% vs 2024
- Net investment income (2025)
- $559,006
- +133.4% vs 2024
- Expenses (2025)
- $4,826,298
- -15.3% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Hedco Inc
Open Grants
6 open opportunities from Hedco Inc
Connecticut Small Boost Fund
Hedco Inc
Amount
$5,000 - $500,000
Deadline
Deadline not published
Connecticut Small Business Support Grant
Hedco Inc
Amount
Up to $30,000
Deadline
Deadline not published
Hartford International Micro-Grant Program
Hedco Inc
Amount
Up to $10,000
Deadline
Deadline not published
Who Hedco Inc funds
How this funder distributes its grants
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 11 grants of 16 (69%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Hedco Inc gives
- Giving grew 114% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $378K (2019) to $929K (2024). In 2024 it made 1 grant totaling $929K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Spanish American Merchants Association Hartford, CT | Partner disbursement related to decd minority small business program | $929,467 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $35,798,063 | $4,015,725 | $4,826,298 | — | — | $559,006 |
| 2024 | $34,515,828 | $4,889,239 | $5,695,740 | $929,467 | 1 | $239,485 |
| 2023 | $35,604,811 | $4,502,536 | $3,152,945 | $507,995 | 1 | $51,066 |
| 2022 | $31,561,156 | $3,183,026 | $3,590,996 | $899,214 | 2 | $30,534 |
| 2021 | $31,567,085 | $7,622,732 | $6,160,200 | $433,422 | 12 | $29,858 |
| 2020 | $40,245,972 | $2,358,931 | $2,614,758 | $409,436 | 1 | $56,356 |
| 2019 | $35,809,632 | $3,999,361 | $2,363,667 | $377,855 | 1 | $28,708 |
About Hedco Inc
Based on IRS filings
Hedco Inc is a public charity focused on Economically disadvantaged people, based in Hartford, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $35.8M in total assets. Net investment income was $559K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Hedco Inc is led by Kim Hawkins, President & CEO since 2021 (on filings since 2019); 2 of 18 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kim Hawkins
President & CEO
Vice President & COO → President & CEO, 2021
On filings since 2019
40 hrs/week
$153K (2019) → $225K (2025)
Barbara Randolph
Chairperson
On filings since 2019
1 hr/week
No compensation reported
Julio Mendoza
Chair & Nominating Committee
On filings since 2019
1 hr/week
No compensation reported
Alan Lazowski
Director
On filings since 2019
1 hr/week
No compensation reported
Andreas Kapetanopoulos
Director
On filings since 2019
1 hr/week
No compensation reported
Jeff Hubbard
Director
On filings since 2019
1 hr/week
No compensation reported
Michael J. Casparino
Director
On filings since 2019
1 hr/week
No compensation reported
Pauline Yoder
Director
On filings since 2019
1 hr/week
No compensation reported
Sheila S. Hummel
Director
On filings since 2019
1 hr/week
No compensation reported
Ana Alfaro
Director
On filings since 2020
1 hr/week
No compensation reported
Robert J. Kreuzer
Director
On filings since 2023
1 hr/week
No compensation reported
Yvonne Zhao
Director
On filings since 2024
1 hr/week
No compensation reported
Patricia Geronimo
Chief Financial Officer
On filings since 2022
40 hrs/week
$127K (2022) → $159K (2025)
Edward J. Samorajczyk
Secretary
On filings since 2019
1 hr/week
No compensation reported
Eric M. Bauer
Vice Chair
On filings since 2019
1 hr/week
No compensation reported
Marianne Stowell
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Paul Perakos
Assistant Secretary
On filings since 2019
1 hr/week
No compensation reported
Wayne Benjamin
Assistant Treasurer
On filings since 2019
1 hr/week
No compensation reported
Former officers (6)
- Former: Dante Fazzina (2020–2024) — Director
- Former: David Cabezas (2020–2024) — Director
- Former: Donald W. Chapman (2019–2022) — Director
- Former: Nicholas Seminara (2019–2022) — Director
- Former: Fernando Rosa (2019–2021) — Outgoing President & CEO
- Former: Michele M. Frey (2019–2021) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $225K, to Kim Hawkins (President & CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Hedco Inc
How large is Hedco Inc?
Hedco Inc reported $35.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.0M.
What is Hedco Inc?
Hedco Inc is a public charity focused on Economically disadvantaged people, based in Hartford, CT. It holds $35.8M in total assets as of 2025.
Where does Hedco Inc operate?
Hedco Inc has awarded grants in Connecticut.
What is Hedco Inc's EIN?
Hedco Inc's EIN (Employer Identification Number) is 06-0919160. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS February 4, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS December 17, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 10, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS January 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 27, 2025)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Hedco Inc's focus areas in our free grants database
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