Team Inc
- Assets
- $12.7m
- Revenue
- $21.9m
- Investments
- $2.5m
- Employees
- 231
- Location
- Derby, CT
- Founding
- 10/1974
- Data as of
- 04/2022
- EIN
- 06-0835182
Organization Overview
Team Inc is located in Derby, CT. The organization was established in 1974. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 04/2022, Team Inc employed 231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Team Inc generated $21.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $22.0m during the year ending 04/2022. While expenses have increased by 8.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Team Inc has awarded 21 individual grants totaling $8,376,395. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN OUR COMMUNITY BY EDUCATING, SUPPORTING AND EMPOWERING INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEAM'S SUPPORT SERVICES INITIATIVES ALLOWS INDIVIDUALS AND FAMILIES TO AVOID CRISIS AND ACHIEVE STABILITY VIA BASIC-NEED SERVICES AND COMPREHENSIVE CASE MANAGEMENT. THESE ACTIVITIES INCLUDE: HOUSING AND RESIDENTIAL SERVICES DESIGNED TO ASSIST INDIVIDUALS IN LOCATING, OBTAINING, AND RETAINING SUITABLE HOUSING; HOME-HEATING ENERGY ASSISTANCE AND COUNSELING TO REDUCE AND COVER THEIR ENERGY COSTS; INCOME MANAGEMENT SERVICES THAT ENCOMPASSES HOUSEHOLD FINANCIAL COUNSELING, TAX COUNSELING/FILING, ASSET-BUILDING, AND PERSONAL CREDIT; AND ASSISTANCE TO INDIVIDUALS IN ACQUIRING THE SKILLS THAT PROMOTE OPPORTUNITIES FOR SECURING EMPLOYMENT. IN ADDITION TO THESE DIRECT SERVICES, TEAM'S LINKAGES AND REFERRALS TO COMMUNITY SERVICES COMPLIMENTS OUR INTEGRATED SERVICE DELIVERY APPROACH FOCUSED ON EMPOWERING INDIVIDUALS AND FAMILIES TOWARD ECONOMIC STABILITY.
TEAM'S ELDERLY SERVICES INITIATIVES ASSIST ELDERLY TO LIVE MORE INDEPENDENTLY WITHIN THEIR HOME AND THE COMMUNITY - ENSURING THE WELLNESS AND WELLBEING OF OUR GREATEST GENERATION. PROVIDING NUTRITIONALLY BALANCED MEALS AND COMPANIONSHIP ON A DAILY BASIS, TEAM IS A CRITICAL SAFETY NET FOR THE ELDERLY AND THEIR FAMILIES/CAREGIVERS. OTHER PROGRAMS PROVIDE HELP WITH ERRANDS, SHOPPING, HOUSEKEEPING, AND SMALL CHORES AROUND THE HOME - AND TEAM'S MEDICAL TRANSPORTATION PROGRAM ENSURES YEAR-ROUND ONGOING ACCESS FOR THE ELDERLY TO GET TO THEIR MEDICAL APPOINTMENTS. TEAM IS AN INFORMATION & REFERRAL NEXUS IN HELPING ELDERLY, SENIOR CENTERS, AND OTHER COMMUNITY MEMBERS NAVIGATE THE COMPLEXITIES OF ACCESSING SOCIAL SERVICE PROGRAMS, INCLUDING FOOD STAMPS (SNAP), LEGAL AID, AND MEDICAL COVERAGE/OPTIONS.
TEAM'S EARLY CHILDHOOD INITIATIVES FOCUS ON COMPREHENSIVE TWO-GENERATIONAL SERVICES EMBODIED BY THE HEAD START PERFORMANCE STANDARDS - ENSURING BOTH CHILD AND FAMILY ARE READY FOR SUCCESS IN SCHOOL AND IN LIFE. PROGRAMS INCLUDE HEAD START & EARLY HEAD START, SCHOOL READINESS & CHILD DAY CARE, CHILD & ADULT CARE FOOD PROGRAM, MATERNAL INFANT & EARLY CHILDHOOD HOME VISITATION, EARLY HEAD START CHILD CARE PARTNERSHIPS, AND PRESCHOOL DEVELOPMENT GRANTS. TEAM'S INITIATIVES ENCOMPASS WIDE-RANGING SERVICES RELATING TO FAMILY WELL-BEING AND COMMUNITY ENGAGEMENT - THE FAMILY RESOURCE CENTER OFFERS ALL FAMILIES A PLACE TO MEET ONE ANOTHER, STRENGTHEN RELATIONSHIPS, AND PARTICIPATE IN ACTIVITIES TO SUPPORT CHILDREN'S SCHOOL READINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Morgan Ceo/president | Officer | 35 | $160,217 |
Wendy Rodorigo CFO | Officer | 35 | $126,300 |
Brian Fonck Chair | OfficerTrustee | 2 | $0 |
Geralyn O'neil- Wild Secretary | OfficerTrustee | 2 | $0 |
Joyce Barcley Treasurer | OfficerTrustee | 2 | $0 |
Lula Walker Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Naugatuck Public Schools Delegate Program | 4/29/22 | $1,198,871 |
Farmhouse Catering Childcare & Elderly Food Service | 4/29/22 | $733,818 |
Vancordtbng Inc Technology Services | 4/29/22 | $171,217 |
American Total Protection Security Services | 4/29/22 | $121,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $18,100 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,327,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $912,286 |
| Noncash contributions included in lines 1a–1f | $164,517 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,257,391 |
| Total Program Service Revenue | $661,848 |
| Investment income | $21,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,941,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,064,318 |
| Grants and other assistance to domestic individuals. | $9,473,412 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $309,231 |
| Compensation of current officers, directors, key employees. | $6,721 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,953,160 |
| Pension plan accruals and contributions | $190,264 |
| Other employee benefits | $704,955 |
| Payroll taxes | $650,976 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,497 |
| Fees for services: Accounting | $56,644 |
| Fees for services: Lobbying | $2,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,918 |
| Fees for services: Other | $200,930 |
| Advertising and promotion | $26,224 |
| Office expenses | $210,495 |
| Information technology | $183,562 |
| Royalties | $0 |
| Occupancy | $989,237 |
| Travel | $90,076 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,572 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $841,381 |
| Insurance | $0 |
| All other expenses | $115,322 |
| Total functional expenses | $21,965,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,236,964 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,320,285 |
| Accounts receivable, net | $118,114 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $437,996 |
| Net Land, buildings, and equipment | $6,021,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,501,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,396 |
| Total assets | $12,666,482 |
| Accounts payable and accrued expenses | $864,259 |
| Grants payable | $0 |
| Deferred revenue | $821,674 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,497 |
| Total liabilities | $1,688,430 |
| Net assets without donor restrictions | $10,282,773 |
| Net assets with donor restrictions | $695,279 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,666,482 |
Grants Awarded
Over the last fiscal year, Team Inc has awarded $1,225,999 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NAUGATUCK PUBLIC SCHOOLS PURPOSE: HEAD START | $1,156,548 |
Derby, CT PURPOSE: DAYCARE | $69,451 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Team Inc has recieved totaling $220,453.
| Awarding Organization | Amount |
|---|---|
Hewitt Foundation Inc Wilmington, DE PURPOSE: MEALS ON WHEELS | $100,000 |
Hewitt Foundation Inc Wilmington, DE PURPOSE: TEAM MEALS ON WHEELS | $50,000 |
Hewitt Foundation Inc Wilmington, DE PURPOSE: HOME CARE PROGRAM | $25,000 |
Valley United Way Incorporated Shelton, CT PURPOSE: PROVIDE FUNDS FOR LOCAL COMMUNITY PROGRAMS | $15,628 |
Liberty Bank Foundation Middletown, CT PURPOSE: TO SUPPORT TEAM & WORKING WITH OUR NEIGHBORS - ATTAINABLE WORKFORCE HOUSING INITIATIVE | $10,000 |
Meals On Wheels America Arlington, VA PURPOSE: PROJECT SUPPORT AND OTHER SERVICES | $10,000 |
Endowment Analysis
| Beg. Balance | $59,686 |
| Earnings | -$6,075 |
| Net Contributions | $25,124 |
| Other Expense | $990 |
| Ending Balance | $77,745 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Renewal Team Inc Hartford, CT | $32,612,649 | $50,680,669 |
Valley Opportunity Council Inc Chicopee, MA | $22,850,959 | $49,579,644 |
Jewish Community Council Of Greater Coney Island Inc Brooklyn, NY | $14,065,313 | $45,116,234 |
Ezras Choilim Health Center Inc Monroe, NY | $23,435,027 | $45,592,726 |
Metropolitan New York Coordinating Council On Jewish Poverty New York, NY | $56,489,415 | $47,513,181 |
Puerto Rican Family Institute Inc New York, NY | $23,494,373 | $43,970,504 |
Worcester Community Action Council Inc Worcester, MA | $8,882,298 | $41,343,806 |
Educational Alliance Inc New York, NY | $44,753,122 | $39,086,207 |
Comprehensive Community Action Inc Cranston, RI | $24,508,311 | $37,907,948 |
Catholic Charitable Bureau Of The Archdiocese Of Boston Inc South Boston, MA | $52,520,056 | $42,947,634 |
New Opportunities Inc Waterbury, CT | $8,781,118 | $37,123,244 |
Community Service Society Of New York New York, NY | $233,496,179 | $32,750,647 |