Connecticut Institute For Communities Inc
- Assets
- $23.8m
- Revenue
- $36.8m
- Investments
- $0.0
- Employees
- 505
- Location
- Danbury, CT
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 91-2187143
Organization Overview
Connecticut Institute For Communities Inc is located in Danbury, CT. The organization was established in 2004. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Connecticut Institute For Communities Inc employed 505 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Institute For Communities 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 12/2021, Connecticut Institute For Communities Inc generated $36.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $33.2m during the year ending 12/2021. While expenses have increased by 13.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A COMMUNITY DEVELOPMENT CORPORATION SERVING THE COMMUNITIES AND LOW-INCOME RESIDENTS OF WESTERN CONNECTICUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH SERVICES - HEALTH SERVICES PRIMARILY CONSTITUTES CIFC'S GREATER DANBURY COMMUNITY HEALTH CENTER (GDCHC), WHICH PROVIDES PRIMARY CARE SERVICES ON A SLIDING FEE SCALE TO LOW AND MODERATE INCOME FAMILIES WHO ARE UNINSURED OR UNDERINSURED. THE GDCHC IS ALSO A TEACHING HEALTH CENTER THAT PROVIDES COMMUNITY-BASED PRIMARY CARE TRAINING TO PREPARE HEALTH PROFESSIONALS TO SERVE THE NEEDS OF THE COMMUNITY. FUNDING IS PROVIDED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (DHHS), THE CONNECTICUT DEPARTMENT OF PUBLIC HEALTH, INCLUDING FOR THE WOMEN, INFANTS AND CHILDREN (WIC), AND SCHOOL BASED HEALTH CENTER (SBHC) PROGRAMS, AND REVENUE FROM ITS OPERATIONS.
EARLY CHILDHOOD EDUCATION - EARLY CHILDHOOD EDUCATION INCLUDES THE HEAD START, EARLY HEAD START, CARE4KIDS AND SCHOOL READINESS PROGRAMS WHICH ARE OPERATED PARTIALLY IN COLLABORATION WITH THE CITIES OF DANBURY AND NORWALK. MAJOR FUNDING IS THROUGH THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (DHHS), STATE OF CONNECTICUT DEPARTMENT OF SOCIAL SERVICES (DSS) AND THE CONNECTICUT STATE DEPARTMENT OF EDUCATION (SDE). CIFC PROVIDES HEAD START PRESCHOOL AND INFANT/TODDLER CHILD DEVELOPMENT SERVICES TO LOW AND MODERATE INCOME NORTHERN FAIRFIELD COUNTY AND GREATER NORWALK RESIDENTS. IN ADDITION, CIFC SERVES SPECIAL NEEDS CHILDREN REFERRED BY OTHER LOCAL AND STATE AGENCIES. EARLY CHILDHOOD EDUCATION ALSO INCLUDES THE CHILD AND ADULT CARE FOOD PROGRAM (CACFP) PROGRAM FOR ALL HEAD START AND SCHOOL READINESS PROGRAM ENROLLEES, FUNDED THROUGH THE UNITED STATES DEPARTMENT OF AGRICULTURE (USDA) AND THE STATE OF CONNECTICUT DEPARTMENT OF EDUCATION.
FISCAL AGENT AND PROGRAM DEVELOPER FOR THE HARAMBEE YOUTH CENTER PROGRAM. THE HARAMBEE YOUTH CENTER PROGRAM IS A TEEN CENTER PROGRAM FOR LOW INCOME AND PREDOMINANTLY MINORITY (AFRICAN AMERICAN AND LATINO) YOUNG PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J H Maloney Frmr Pres & CEO | Officer | 40 | $314,125 |
Asha Marhatta Physician | 38 | $270,413 | |
Joan Draper Physician | 38 | $239,736 | |
Jennifer Cohen Physician | 38 | $230,846 | |
Nina Jacobs Physician | 38 | $226,705 | |
Amy Handler Physician | 38 | $215,631 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eclinicalworks Llc Software | 12/30/21 | $393,639 |
Certified Languages International Professional Services | 12/30/21 | $130,407 |
Pac Group Llc Construction Contractor | 12/30/21 | $932,085 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $31,409 |
| Related organizations | $0 |
| Government grants | $20,478,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,389,995 |
| Noncash contributions included in lines 1a–1f | $529,776 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,900,012 |
| Total Program Service Revenue | $13,486,332 |
| Investment income | $178,484 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,496 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,549 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,794,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $390,034 |
| Compensation of current officers, directors, key employees. | $390,034 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,104,049 |
| Pension plan accruals and contributions | $401,784 |
| Other employee benefits | $1,097,817 |
| Payroll taxes | $1,543,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $82,335 |
| Fees for services: Accounting | $33,346 |
| Fees for services: Lobbying | $114,312 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,037,485 |
| Advertising and promotion | $124,748 |
| Office expenses | $356,151 |
| Information technology | $839,085 |
| Royalties | $0 |
| Occupancy | $2,703,468 |
| Travel | $24,869 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23 |
| Interest | $322,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $528,081 |
| Insurance | $329,964 |
| All other expenses | $604,548 |
| Total functional expenses | $33,163,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,803,445 |
| Savings and temporary cash investments | $72,880 |
| Pledges and grants receivable | $2,194,456 |
| Accounts receivable, net | $971,563 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,255,481 |
| Inventories for sale or use | $36,099 |
| Prepaid expenses and deferred charges | $91,028 |
| Net Land, buildings, and equipment | $4,688,380 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,660,550 |
| Total assets | $23,773,882 |
| Accounts payable and accrued expenses | $2,139,628 |
| Grants payable | $0 |
| Deferred revenue | $174,909 |
| 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 | $6,512,191 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,454 |
| Total liabilities | $8,836,182 |
| Net assets without donor restrictions | $14,761,908 |
| Net assets with donor restrictions | $175,792 |
| 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 | $23,773,882 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Connecticut Institute For Communities Inc has recieved totaling $9,195.
| Awarding Organization | Amount |
|---|---|
Savings Bank Of Danbury Foundation Inc Danbury, CT PURPOSE: EXEMPT PURPOSES | $3,500 |
Savings Bank Of Danbury Foundation Inc Danbury, CT PURPOSE: EXEMPT PURPOSES | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $2,695 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Institute For Communities Inc Danbury, CT | $23,773,882 | $36,794,150 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Nybdc Local Development Corporation Albany, NY | $39,799,179 | $11,401,541 |
Venture For America Inc New York, NY | $3,605,973 | $6,866,605 |
Trufund Financial Services Inc New York, NY | $14,181,328 | $2,317,905 |
Griffiss Local Development Corporation Rome, NY | $28,823,478 | $3,861,279 |
Metrotech Area District Management Association Inc Brooklyn, NY | $3,270,355 | $4,991,826 |
Kiryas Joel Municipal Local Development Corporation Monroe, NY | $2,561,042 | $4,665,324 |
Connecticut Economic Resource New Haven, CT | $3,997,158 | $4,805,353 |
Greater New Bedford Workforce Investment Board Inc New Bedford, MA | $1,194,439 | $3,887,016 |