2024-05-15T16:04:05-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 3001 SUMMER STREET 5TH FLOOR EAST STAMFORD CT 06905 990 2022-07-01 061172535 INSPIRICA INC INSP 2033880119 141 FRANKLIN STREET STAMFORD CT 06901 ROSALBA MESSINA INTERIM CHIEF EXECUTIVE OFFICER 2033880119 2024-05-15 1 ROSALBA MESSINA XXX-XX-XXXX 1 MELISSA MODELSON P01603524 2033232400 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROSALBA MESSINA 141 FRANKLIN STREET STAMFORD CT 06901 14476823 0 X WWW.INSPIRICACT.ORG X 1986 CT INSPIRICA STRIVES TO END HOMELESSNESS AND HOUSING INSECURITY BY HELPING INDIVIDUALS AND FAMILIES ACHIEVE STABILITY THROUGH SUPPORT SERVICES AND AFFORDABLE HOUSING. 22 22 125 300 0 0 6199771 5581628 2094515 2033249 401778 486612 325617 283159 9021681 8384648 151938 167741 0 0 5157717 5677952 0 64725 688076 3342467 3599065 8652122 9509483 369559 -1124835 36652479 36029112 7091189 7231229 29561290 28797883 X INSPIRICA IS ONE OF THE LARGEST PROVIDERS OF PERMANENT SUPPORTIVE HOUSING & SERVICES TO THE HOMELESS IN CONNECTICUT AND THE LARGEST IN LOWER FAIRFIELD COUNTY. EACH NIGHT WE HOUSE APPROXIMATELY 475 PEOPLE, AND EACH YEAR WE HAVE THE CAPACITY TO PROVIDE SUPPORT SERVICES TO 700 PEOPLE. WE OPERATE 12 FACILITIES IN LOWER FAIRFIELD COUNTY AND PROVIDE AN EXTENSIVE ARRAY OF SUPPORT SERVICES, INCLUDING VOCATIONAL TRAINING, WORKFORCE EDUCATION, JOB PLACEMENT, HOUSING PLACEMENT, JOB & HOUSING RETENTION SUPPORT, CHILDREN'S SERVICES, EARLY CHILDHOOD & PARENTING SERVICES, COUNSELING, CASE MANAGEMENT, AND MUCH MORE. WE FURTHER PROVIDE DIRECT ACCESS TO MEDICAL CARE, MENTAL HEALTH CARE, PSYCHIATRIC CARE, DENTAL CARE, AND SUBSTANCE ABUSE TREATMENT ETC. THROUGH A NETWORK OF STRATEGIC PARTNERSHIPS. 0 0 3028271 0 420205 PERMANENT HOUSING, INCLUDING PERMANENT SUPPORTIVE HOUSING AND DEEPLY AFFORDABLE HOUSINGIN FY2023, INSPIRICA SERVED 182 PEOPLE IN PERMANENT SUPPORTIVE HOUSING AND DEEPLY AFFORDABLE HOUSING IN THE FOLLOWING FACILITIES: COLONY APARTMENTS (30), ATLANTIC PARK APARTMENTS (28), ROSE PARK APARTMENTS (7), METCALF HOUSE (10), 24 AND 26 WOODLAND PLACE (25), SUMMER PLACE (65) AND MCKINNEY HOUSE (17). IN ADDITION TO RECEIVING HOUSING, ALL PARTICIPANTS IN THE ABOVE PROGRAMS ALSO RECEIVED THE SAME COMPREHENSIVE, INTEGRATED SERVICES LISTED IN SCHEDULE O. 2399834 0 409124 HOMELESS PROGRAMS - EMERGENCY SHELTER/TRANSITIONAL HOUSING AND SUPPORT FOR FAMILIES AND SINGLE WOMEN IN FY2023, INSPIRICA SERVED 334 PEOPLE IN FAMILY'S EMERGENCY SHELTER AND TRANSITIONAL HOUSING AS WELL AS 47 SINGLE WOMEN IN EMERGENCY SHELTER. IN ADDITION TO RECEIVING HOUSING SERVICES, ALL PARTICIPANTS ALSO RECEIVED INTEGRATED CASE MANAGEMENT, GENERAL COUNSELING, ACCESS TO DRUG AND ALCOHOL ABUSE COUNSELING, WORKFORCE EDUCATION, VOCATIONAL TRAINING, EMPLOYMENT & JOB PLACEMENT SERVICES, HOUSING PLACEMENT, JOB/HOUSING RETENTION SERVICES, CHILDREN'S SERVICES, EARLY CHILDHOOD & PARENTING SERVICES ETC. IN ADDITION TO THESE IN-HOUSE SERVICES, PARTICIPANTS RECEIVED DIRECT ACCESS TO SERVICES SUCH AS MEDICAL AND DENTAL CARE, INPATIENT SUBSTANCE ABUSE TREATMENT, PSYCHIATRIC CARE, HEAD START/EARLY HEAD START (FAMILIES ONLY) ETC. THROUGH A NETWORK OF FORMAL STRATEGIC PARTNERSHIPS. 838561 167741 72058 MENTAL ILLNESS PROGRAMS - OUTREACH, JAIL DIVERSION AND TRANSITIONAL HOUSING & SUPPORT SERVICES FOR INDIVIDUALS WITH MENTAL ILLNESSIN FY2023, INSPIRICA SERVED 59 IN OUTREACH, 7 PEOPLE IN JAIL DIVERSION, AND 17 PEOPLE IN TRANSITIONAL HOUSING. ALL INDIVIDUALS SUFFERED FROM PERSISTENT, SERIOUS MENTAL ILLNESS. THE OUTREACH PROGRAM PROVIDES RETENTION SUPPORT FOR PEOPLE WHO ARE LIVING IN THEIR OWN COMMUNITY BUT NEED SOME FORM OF SUPPORT SERVICES. THE JAIL DIVERSION PROGRAM PROVIDES AN ALTERNATIVE FOR PEOPLE ALLEGED TO HAVE COMMITTED NON-VIOLENT CRIMES AS THEIR CASES MOVE THROUGH THE LEGAL SYSTEM. THE TRANSITIONAL HOUSING PROGRAM PROVIDES HOUSING AND SUPPORT SERVICES TO PEOPLE WHO HAVE BEEN DISCHARGED FROM MENTAL HEALTH INSTITUTIONS OR GROUP HOMES, BUT ARE NOT YET ABLE TO LIVE INDEPENDENTLY. IN ADDITION TO RECEIVING HOUSING, ALL PARTICIPANTS IN THE ABOVE PROGRAMS RECEIVED THE SAME COMPREHENSIVE, INTEGRATED SERVICES LISTED ABOVE. 1881360 0 1131862 OTHER PROGRAMS INCLUDE WORKFORCE EDUCATION, VOCATIONAL TRAINING, JOB PLACEMENT, CHILDREN'S SERVICES (INCLUDING AN AFTER SCHOOL PROGRAM), EARLY CHILDHOOD & PARENTING, AND ACCESS TO HEALTH CARE, DENTAL CARE, PSYCHIATRIC CARE, SUBSTANCE ABUSE, HOLIDAY GIFT COLLECTION, AND HIV/AIDS PROGRAMS. 1881360 0 1131862 8148026 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 37 0 125 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARGARET HEFFLER 2033880119 141 FRANKLIN STREET STAMFORD CT 06901 KATIE BRUCE CO-CHAIR 2.00 X X 0 0 0 JANE CARLIN CO-CHAIR 2.00 X X 0 0 0 JOHN LOUIZOS VICE CHAIR 2.00 X X 0 0 0 SUSAN MIRZA VICE CHAIR & SECRETARY 2.00 X X 0 0 0 BENJAMIN GEIGER TREASURER 2.00 X X 0 0 0 ROBERT DEVELLIS DIRECTOR 2.00 X 0 0 0 ANTHONY GAGLIO JR DIRECTOR 2.00 X 0 0 0 WENDY LEWIS DIRECTOR 2.00 X 0 0 0 CHRISTINE CHIVILY DIRECTOR 2.00 X 0 0 0 JAMES BESAW DIRECTOR 2.00 X 0 0 0 RHONDA BROCKMANN DIRECTOR 2.00 X 0 0 0 GEORGE DONALDSON DIRECTOR 2.00 X 0 0 0 ERIC GOEBERT DIRECTOR 2.00 X 0 0 0 BRUCE HELLER DIRECTOR THRU JUNE 2023 2.00 X 0 0 0 MARJAE JACKSON DIRECTOR 2.00 X 0 0 0 JASON KLEIN DIRECTOR 2.00 X 0 0 0 JOHN MCKEE DIRECTOR 2.00 X 0 0 0 PAT MENDELSOHN DIRECTOR THRU JUNE 2023 2.00 X 0 0 0 MARCY MINNICK DIRECTOR 2.00 X 0 0 0 GUY MORTON DIRECTOR 2.00 X 0 0 0 RANDALL SKIGEN DIRECTOR 2.00 X 0 0 0 REDA SUPE DIRECTOR 2.00 X 0 0 0 EMILY TANG DIRECTOR 2.00 X 0 0 0 JEFF UM DIRECTOR 2.00 X 0 0 0 DENISE WILLIAMS CEO 40.00 X 229223 0 27406 STEVE WOLFE CFO 40.00 X 120341 0 13995 KEENAN MCMAHON COO 40.00 X 116016 0 14526 465580 0 55927 3 0 1 0 THE AUGUSTUS GROUP INC 266 ELMWOOD AVENUE 364 BUFFALO NY 14222 BUSINESS DEVELOPMENT SERVICES 121998 POWERTECH SERVICE & SOLUTIONS LLC 5 POWELL STREET DANBURY CT 06811 CONTRACTED SERVICES 104795 2 42544 280567 3214937 2043580 5581628 TENANT INCOME 531110 1989796 1989796 RAPID REHOUSING PROGRAM 531110 43453 43453 2033249 335384 335384 6188745 6037517 151228 151228 151228 65666 280567 54658 11008 11008 REIMBURSEMENT 900099 173170 173170 LAUNDRY INCOME 900099 34335 34335 MISC. INCOME 900099 33105 33105 31541 31541 272151 8384648 2033249 0 769771 167741 167741 359731 312966 25181 21584 4313609 3844772 149802 319035 3945 3595 85 265 539491 491701 11583 36207 461176 420322 9902 30952 82123 82123 78143 78143 64725 64725 49079 49079 567087 346416 162896 57775 12673 184 930 11559 222955 164050 15293 43612 178671 148730 5170 24771 773040 736170 16605 20265 34617 29232 2904 2481 76158 50640 22590 2928 55642 52326 3316 882197 848517 18011 15669 157403 146663 2463 8277 REPAIRS & MAINTENANCE 273803 261844 6692 5267 PROGRAM SUPPLIES 96465 78233 6 18226 OTHER EXPENSES 37774 24567 12296 911 BAD DEBT EXPENSE 15484 15484 5751 3873 1627 251 9509483 8148026 673381 688076 991653 726845 2242509 2731530 840834 565292 191155 439608 69117 91338 32014363 11351498 21166474 20662865 8548720 8259446 57500 42350 2544517 2509838 36652479 36029112 750945 842478 4999 7498 116660 130234 6218585 6251019 7091189 7231229 X 21727508 21079850 7833782 7718033 29561290 28797883 36652479 36029112 X -1124835 367727 -6299 X X 0 1 X 1 1 1 X 5556971 5458509 5285823 6199771 5581628 28082702 5556971 5458509 5285823 6199771 5581628 28082702 28082702 305803 239207 298318 207429 335384 1386141 6773 8703 11008 26484 141036 150028 223891 316914 272151 1104020 30599347 9256462 0.91780 0.83030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2018 AMOUNT: $ 5,213. 2019 AMOUNT: $ 4,481. 2020 AMOUNT: $ 5,158. 2021 AMOUNT: $ 2,704. 2022 AMOUNT: $ 33,105. LAUNDRY INCOME - 2018 AMOUNT: $ 12,363. 2019 AMOUNT: $ 20,825. 2020 AMOUNT: $ 22,879. 2021 AMOUNT: $ 31,591. 2022 AMOUNT: $ 34,335. VENDING MACHINE INCOME - 2018 AMOUNT: $ 8,576. 2019 AMOUNT: $ 6,318. 2020 AMOUNT: $ 3,308. 2021 AMOUNT: $ 5,810. 2022 AMOUNT: $ 5,683. REIMBURSEMENT - 2018 AMOUNT: $ 114,884. 2019 AMOUNT: $ 115,656. 2020 AMOUNT: $ 146,020. 2021 AMOUNT: $ 165,064. 2022 AMOUNT: $ 173,170. INSURANCE SETTLEMENT - 2019 AMOUNT: $ 2,748. 2020 AMOUNT: $ 18,480. 2021 AMOUNT: $ 1,932. 2022 AMOUNT: $ 596. CREDIT CARD REWARDS - 2020 AMOUNT: $ 6,359. 2021 AMOUNT: $ 3,597. 2022 AMOUNT: $ 3,662. APPLICATION FEES - 2020 AMOUNT: $ 21,687. 2021 AMOUNT: $ 7,443. 2022 AMOUNT: $ 11. COLD WEATHER PROTOCOL - 2021 AMOUNT: $ 18,773. 2022 AMOUNT: $ 21,589. FORGIVENESS OF DEBT - 2021 AMOUNT: $ 80,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5279610 472222 333059 5418773 6237828 -600913 357305 5279610 5100261 1137567 6237828 4984833 115428 5100261 4627155 357678 4984833 0.00000 0.52920 0.47080 0 0 4781622 4781622 23806315 8518885 15287430 1921149 1757498 163651 567722 419486 148236 937555 655629 281926 20662865 RESTRICTED DEPOSITS AND FUNDED RESERVES 2509838 2509838 X 8671510 367727 367727 8303783 49079 31786 80865 8384648 9434917 0 9434917 49079 25487 74566 9509483 PART IV, LINE 2B: INSPIRICA COLLECTS AND MAINTAINS TENANT SECURITY DEPOSITS IN ALIGNMENT WITH THE FOLLOWING PROCEDURE: RESIDENTS PROVIDE THE BUILDING MANAGER WITH A SECURITY DEPOSIT UPON MOVING INTO THE HOUSING UNIT. FOR FIVE OF OUR PROPERTIES, THESE FUNDS ARE DEPOSITED INTO OUR GENERAL OPERATING ACCOUNT. FOR THE OTHER TWO PROPERTIES, THESE FUNDS ARE DEPOSITED INTO A SEPARATE ACCOUNT AND HELD BY THE ORGANIZATION TO ADDRESS FUTURE EXPENSES THAT MAY BE INCURRED FOR REPAIRS AND/OR DAMAGES TO THE HOUSING UNITS AFTER THE TENANT VACATES THE PREMISES. THE REMAINING SECURITY DEPOSIT FUNDS ARE DISBURSED BACK TO THE TENANT BY THE ORGANIZATION WHEN ALL NECESSARY REPAIRS HAVE BEEN COMPLETED TO PREPARE THE UNIT FOR AN INCOMING TENANT. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF MULTIPLE DONOR RESTRICTED FUNDS ESTABLISHED TO PROVIDE LONG-TERM SUPPORT FOR THE ORGANIZATION'S PROGRAMS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: MANAGEMENT RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSED FROM PART VIII LINE 8B 25,487. LOSS ON DISPOSAL OF ASSET 6,299. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSED FROM PART VIII LINE 8B 25,487. X X X X X X X 1 THIRD SECTOR CONSULTING GROUP LLC PO BOX 8015 ASHEVILLE NC 28814 GRANT WRITING 0 750347 64725 685622 750347 64725 685622 CT SOIREE 323233 257567 65666 23087 13183 13733 WALK-A-THON 23000 23000 600 4055 346233 280567 65666 23087 13783 17788 54658 11008 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE ORGANIZATION WILL COMPENSATE CONSULTANT AT THE RATE OF $150 PER HOUR, BILLED IN 1/4 HOUR INCREMENTS FOR ALL TIME SPENT RENDERING SERVIES TO THE ORGANIZATION. AN INITIAL DEPOSIT OF $3,000 WILL BE PAID UPON ACCPETANCE OF THE TERMS IN THE AGREEMENT. 1 TRANSITIONAL AND AFFORDABLE HOUSING 334 167741 PART I, LINE 2: ASSISTANCE TO INDIVIDUALS IS PROVIDED AFTER THE INDIVIDUAL'S CIRCUMSTANCES ARE REVIEWED AND VERIFIED. VERIFICATION INCLUDES CONFIRMING CLIENT ANNUAL INCOME, COMPLETING A BUDGET, AND FILING OUT AN APPLICATION. PAYMENTS FOR ASSISTANCE FOR INDIVIDUALS IS PAID DIRECTLY TO A 3RD PARTY ON BEHALF OF THE RECIPIENT. X X X X 0 0 0 0 0 0 0 1 0 DENISE WILLIAMS CEO 212958 0 15000 0 1265 0 0 0 27406 0 256629 0 0 0 PART I, LINE 7 INDIVIDUALS RECEIVED TAXABLE DISCRETIONARY BONUSES INCLUDED IN THEIR 2022 W-2S. FORM 990, PART III, LINE 1 WE ARE UNIQUE FOR SEVERAL REASONS: THE FIRST IS THE BREADTH OF HOUSING WE PROVIDE. BY PROVIDING TEMPORARY HOUSING (FAMILY AND WOMEN'S SHELTERS), TRANSITIONAL HOUSING, PERMANENT HOUSING, DEEPLY AFFORDABLE HOUSING, AND RAPID REHOUSING, WE OFFER SAFE AND AFFORDABLE HOUSING TO THOSE IN NEED IN FAIRFIELD COUNTY. THE SECOND IS THE SCOPE OF PEOPLE WE SERVE. BY SERVING SINGLE WOMEN, FAMILIES, PEOPLE WITH MENTAL ILLNESS, AND PERSONS LIVING WITH HIV/AIDS, WE ARE ABLE SUPPORT THOSE IN MOST NEED WITHIN STAMFORD AND THROUGHOUT FAIRFIELD COUNTY. THE THIRD IS OUR COMPREHENSIVE APPROACH TO HELPING THE UNDER SERVED. WE ADDRESS NOT JUST THE PHYSICAL PART OF HOMELESSNESS, BUT ALL OF THE UNDERLYING REASONS A PERSON BECOMES HOMELESS. OUR ABILITY TO INTEGRATE SERVICES IS A KEY ELEMENT OF OUR SUCCESS AND SETS US APART FROM MANY OTHER ORGANIZATIONS. INSPIRICA IS ALSO UNIQUE FOR A FOURTH REASON - OUR INTENSE FOCUS ON RESULTS. WE MEASURE SUCCESS NOT BY HOW MANY PEOPLE WE SERVE, BUT THE ULTIMATE GOAL: HOW MANY OF THEM ACHIEVE AND MAINTAIN PERMANENT HOUSING AND STABILITY. COMMUNITY NEEDS: THE ECONOMY HAS IMPROVED, BUT THE EFFECTS HAVE NOT YET TRICKLED DOWN. TODAY, 101 MILLION PEOPLE IN THE UNITED STATES (1 OUT OF 3) LIVE IN POVERTY OR WITHIN 50% OF THE POVERTY LINE (DEFINED AS "NEAR POVERTY"). FROM THERE THEY ARE CASCADING INTO HOMELESSNESS. OUR AREA HAS BEEN PARTICULARLY HARD HIT DUE TO THE HIGH COST OF LIVING. THE STAMFORD-NORWALK METROPOLITAN AREA IS NOW THE 5TH MOST EXPENSIVE HOUSING JURISDICTION IN THE NATION. WHILE MOST DAILY EXPENSES HERE CHECK A FEW PERCENTAGE POINTS ABOVE NATIONAL NORMS, HOUSING COSTS ARE AN OUTLIER - THEY ARE 208% OF THE NATIONAL AVERAGE. THIS HAS RESULTED IN A DIFFERENT KIND OF HOMELESSNESS: ECONOMIC HOMELESSNESS. WHILE MENTAL ILLNESS AND SUBSTANCE ABUSE STILL PLAY AN OUTSIZED ROLE, THE RISING COST OF LIVING COUPLED WITH WAGE STAGNATION IS NOW LEADING TO SOARING HOMELESSNESS AND A RECORD DEMAND FOR OUR SERVICES. INDEED, HOMELESSNESS IN OUR COMMUNITY IS RISING FASTER THAN ELSEWHERE IN CONNECTICUT. INSPIRICA CONTINUES TO ADDRESS THE RISING AND CHANGING FACE OF HOMELESSNESS THROUGH SEVERAL MEANS, INCLUDING: EXPANDING OUR STOCK OF DEEPLY AFFORDABLE HOUSING; LAUNCHING A WAGE GROWTH INITIATIVE; EXPANDING RAPID REHOUSING; AND, FORGING MULTIPLE COLLABORATIONS ON A LOCAL AND REGIONAL LEVEL. THE POPULATION WE SERVE: INSPIRICA SERVES INDIVIDUALS AND FAMILIES THAT LIVE IN POVERTY OR NEAR POVERTY AND ALL ARE HOMELESS OR AT RISK OF BECOMING HOMELESS. THE MAJORITY HAVE LITTLE OR LIMITED JOB EXPERIENCE AND EDUCATIONAL BACKGROUNDS. MANY SUFFER FROM SUBSTANCE ABUSE, MENTAL ILLNESS AND/OR HIV/AIDS. WE SERVE SINGLE WOMEN, FAMILIES, INDIVIDUALS WITH COGNITIVE IMPAIRMENTS AS WELL AS SOME WITH A HISTORY OF INCARCERATION. WITHOUT INSPIRICA, THEY ARE UNLIKELY TO SECURE EMPLOYMENT AND EARN THE INCOME THEY NEED TO BE ABLE TO MOVE INTO THE COMMUNITY AND BECOME PRODUCTIVE MEMBERS OF SOCIETY. OUR CLIENTS' DEMOGRAPHICS INCLUDE 49% AFRICAN AMERICAN, 18% CAUCASIAN, 29% LATINO AND 4% OTHER. THE AGES OF OUR PROGRAM PARTICIPANTS RANGE FROM NEWBORNS TO SENIORS IN THEIR 80S. PROGRAMS: INSPIRICA IS UNIQUE IN ITS ABILITY TO ADDRESS THE NEEDS OF OUR CLIENTS HOLISTICALLY AND COMPREHENSIVELY THROUGH AN END-TO-END PLATFORM OF INTEGRATED SERVICES, ALL OF WHICH LEVERAGE EACH OTHER. WE ARE ONE OF ONLY A FEW ORGANIZATIONS NATIONALLY THAT HAS COMBINED RESIDENTIAL AND SUPPORT SERVICES UNDER ONE ROOF IN A ONE-STOP-SHOP SETTING. OUR ABILITY TO ADDRESS BOTH THE PHYSICAL ASPECT OF HOMELESSNESS AND ITS UNDERLYING ROOT CAUSES INCREASES OUR SUCCESS RATE. RESIDENTIAL PROGRAMS: FAMILY TEMPORARY HOUSING: OUR FAMILY HOUSING PROGRAM HAS TWO DISTINCT COMPONENTS: AN EMERGENCY SHELTER THAT PROVIDES HOUSING AND SUPPORT SERVICES TO APPROXIMATELY 17 FAMILIES (42 INDIVIDUALS) FOR UP TO TWO/THREE MONTHS; AND, A TRANSITIONAL HOUSING FACILITY THAT PROVIDES HOUSING AND SUPPORT SERVICES TO APPROXIMATELY 17 FAMILIES (36 INDIVIDUALS) FOR UP TO 24 MONTHS. WOMEN'S HOUSING: OUR WOMEN'S HOUSING PROGRAM PROVIDES EMERGENCY SHELTER AND SUPPORT SERVICES TO 13 SINGLE WOMEN FOR UP TO TWO/THREE MONTHS (POST COVID). GILEAD HOUSE: OUR GILEAD PROGRAM PROVIDES TRANSITIONAL HOUSING FOR 18 SINGLE MEN AND WOMEN LIVING WITH PERSISTENT MENTAL ILLNESS, INCLUDING 6 BEDS IN A JAIL DIVERSION PROGRAM. MCKINNEY HOUSE: PROVIDES TRANSITIONAL HOUSING FOR 17 SINGLE MEN AND WOMEN LIVING WITH HIV/AIDS ILLNESS. PERMANENT SUPPORTIVE HOUSING: OUR PERMANENT SUPPORTIVE HOUSING PROGRAM CONSISTS OF FOUR RESIDENCES (COLONY APARTMENTS, ATLANTIC PARK APARTMENTS, METCALF HOUSE, AND ROSE PARK) THAT TOGETHER PROVIDE 86-91 PEOPLE WITH PERMANENT SUPPORTIVE HOUSING. TENANTS IN THIS PROGRAM HOLD THEIR OWN LEASES AND PAY 30% OF THEIR INCOME IN RENT. DEEPLY AFFORDABLE HOUSING: OUR DEEPLY AFFORDABLE HOUSING PROGRAM CONSISTS OF TWO RESIDENCES (24 WOODLAND PLACE AND 26 WOODLAND PLACE) THAT PROVIDE DEEPLY AFFORDABLE HOUSING FOR 6 FAMILIES AND 6 INDIVIDUALS (APPROXIMATELY 24 PEOPLE). RAPID RE-HOUSING: INSPIRICA IS THE CONTRACTOR OR SUBCONTRACTOR FOR THREE DISTINCT RAPID REHOUSING PROGRAMS, THROUGH WHICH WE PROVIDE HOUSING TO APPROXIMATELY 25-30 FAMILIES IN THE COMMUNITY. IN ADDITION TO THE ABOVE, INSPIRICA IS CO-OWNER OF A 48-UNIT BUILDING FOR SENIORS AND A 53-UNIT BUILDING TO PROVIDE AFFORDABLE HOUSING TO THE WORKING CLASS IN STAMFORD. NON-RESIDENTIAL/SUPPORT PROGRAMS: ALL OF OUR RESIDENTIAL PROGRAMS ARE ENHANCED WITH SUBSTANTIAL SUPPORT SERVICES THAT ARE ESSENTIAL TO ADDRESSING THE UNDERLYING CAUSES OF HOMELESSNESS, ALLOWING PEOPLE TO BREAK THE CYCLE OF HOMELESSNESS AND RETURN TO HEALTHY, STABLE LIVES IN THE COMMUNITY. CHILDREN'S SERVICES: OUR CHILDREN'S SERVICES PROGRAM PROVIDES CRITICAL FOUNDATIONAL, EDUCATIONAL, PSYCHOLOGICAL, DEVELOPMENTAL, AND AFTER-SCHOOL SUPPORT TO THE CHILDREN IN OUR CARE, ALLOWING THEM TO MAINTAIN STABILITY, GAIN SELF-ESTEEM, EXCEL IN SCHOOL, AND DEVELOP IN LINE WITH OR AHEAD OF THEIR PEERS WHO ARE NOT HOMELESS. ADDITIONALLY, WE HAVE AN EARLY CHILDHOOD AND PARENTING PROGRAM THAT PROVIDES PRE-LITERACY AND DEVELOPMENTAL PROGRAMMING TO CHILDREN FROM BIRTH TO AGE 5, WITH CONCURRENT TRAINING FOR THEIR PARENTS. OUR EMPLOYMENT, EDUCATION, FINANCIAL EMPOWERMENT DEPARTMENT (E.E.F.E.) PROVIDES PARTICIPANTS WITH THE CORE SKILLS THEY NEED TO PREPARE FOR, FIND, MAINTAIN AND ADVANCE IN EMPLOYMENT, FINANCIAL, AND EDUCATIONAL SKILLS. THE PROGRAM CONSISTS OF JOB SEARCH ASSISTANCE AND COUSELING AS WELL AS OUR L.I.F.E. PROGRAM, A 3-WEEK TRAINING COURSE WHEREIN THE CURRICULUM INCLUDES A VARIETY OF TOPICS, FROM FINANCIAL BUDGETING AND JOB SEARCHING TO UNDERSTANDING GOVERNMENT PROGRAMS AND THE BENEFIT OF LIFELONG LEARNING. JOB & HOUSING RETENTION SERVICES: OUR JOB AND HOUSING RETENTION PROGRAM PROVIDES ESSENTIAL JOB AND HOUSING RETENTION SUPPORT TO PARTICIPANTS WHO HAVE RECENTLY BECOME EMPLOYED OR MOVED INTO PERMANENT HOUSING. WITHOUT THIS SUPPORT, MANY WOULD LIKELY LOSE THEIR JOBS OR HOMES, PERPETUATING THE CYCLE OF HOMELESSNESS. FORM 990, PART III, LINE 1 ADDITIONAL SUPPORT SERVICES: IN ADDITION TO THE ABOVE, WE PROVIDE AN EXTENSIVE ARRAY OF SUPPORT SERVICES, INCLUDING COUNSELING AND CASE MANAGEMENT WITHIN OUR RESIDENTIAL PROGRAMS. WE FURTHER PROVIDE CLIENTS WITH DIRECT ACCESS TO MEDICAL AND DENTAL CARE, IN-PATIENT SUBSTANCE ABUSE TREATMENT, PSYCHIATRIC CARE AND MORE THROUGH A NETWORK OF FORMAL STRATEGIC PARTNERSHIPS. OUTCOMES & RESULTS: INSPIRICA HOLDS ITSELF TO A HIGH STANDARD. WE MEASURE SUCCESS NOT BY HOW MANY PEOPLE WE SERVE, BUT BY HOW MANY OF THEM ATTAIN JOBS AND MOVE INTO PERMANENT HOUSING. OUR RIGOROUS APPROACH TO METRICS AND ABILITY TO EVALUATE OUR PROGRAMS HAVE PROVEN EXTREMELY SUCCESSFUL. IN FY23 OUR RESULTS INCLUDED THE FOLLOWING: JOB PLACEMENTS: 235 JOB PLACEMENTS MADE 123 INDIVIDUALS MOVED INTO PERMANENT HOUSING 334 SERVED IN EMERGENCY AND TRANSITIONAL HOUSING 312 SERVED IN DEEPLY AFFORDABLE AND PERMANENT HOUSING 89 CHILDREN SERVED ACROSS ALL PROGRAMS 2,000 HOURS VOLUNTEERED ACROSS INSPIRICA'S PROGRAMS AND EVENT FORM 990, PART VI, SECTION B, LINE 11B INSPIRICA, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND EMPLOYEES SIGN A CONFLICT OF INTEREST FORM ANNUALLY. IN EACH FISCAL YEAR AT LEAST ONE BOARD MEETING INCLUDES AN AGENDA ITEM ON CONFLICT OF INTEREST, REMINDING ALL BOARD MEMBERS OF THEIR COMMITMENT TO ADHERE TO THE POLICY AND ASKING IF THERE ARE ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST. ANY REAL OR PERCEIVED CONFLICT OF INTEREST BETWEEN A BOARD MEMBER AND INSPIRICA MUST BE DISCLOSED IN WRITING (SEE CONFLICT OF INTEREST DISCLOSURE STATEMENT). MEMBERS OF THE BOARD OF DIRECTORS MUST DISCLOSE ANY PERSONAL, FAMILY, OR BUSINESS INTERESTS THAT MAY, IN THE EYES OF A REASONABLE PERSON, INFLUENCE THEIR JUDGMENT. THIS INCLUDES, BUT IS NOT LIMITED TO: A) A PERSONAL, PROFESSIONAL OR FINANCIAL RELATIONSHIP WITH INSPIRICA AS A SUPPLIER OF GOODS OR SERVICES (FOR WHICH HE OR SHE, A FAMILY MEMBER OR AN AFFILIATED BUSINESS RECEIVES FINANCIAL COMPENSATION); B) A PERSONAL, PROFESSIONAL OR FINANCIAL RELATIONSHIP WITH A CLIENT OF INSPIRICA; C) A FAMILY RELATIONSHIP WITH ANY INSPIRICA STAFF MEMBER, OR D) A BUSINESS RELATED GIFT OR PAYMENT THAT MIGHT INFLUENCE HIS OR HER DECISION-MAKING OR ACTIONS RELATING TO INSPIRICA. CONFLICTS OF INTEREST (REAL AND PERCEIVED) SHOULD NOT PREVENT AN INDIVIDUAL FROM SERVING AS A DIRECTOR UNLESS, IN THE JUDGMENT OF THE BOARD OF DIRECTORS, THE EXTENT OF THE CONFLICT IS SO SIGNIFICANT THAT THE POTENTIAL FOR DIVIDED LOYALTY IS PRESENT. ONCE A POTENTIAL CONFLICT IS DISCLOSED, THE GOVERNANCE COMMITTEE WILL BE RESPONSIBLE FOR EVALUATING THE POTENTIAL CONFLICT OF INTEREST TO DETERMINE IF AN ACTUAL CONFLICT OR THE APPEARANCE OF A CONFLICT EXISTS. IN THE EVENT, THE GOVERNANCE COMMITTEE DETERMINES THAT AN ACTUAL CONFLICT OR THE APPEARANCE OF A CONFLICT EXISTS, IT SHALL PRESENT THE CONFLICT AND THE GOVERNANCE COMMITTEE'S RECOMMENDATION AS TO HOW TO MANAGE THE CONFLICT TO THE FULL BOARD. BOARD MEMBERS MUST RECUSE THEMSELVES FROM ANY DISCUSSIONS OR VOTING ON ANY MATTERS WHERE THEY HAVE, OR MAY BE PERCEIVED AS HAVING, A CONFLICT OF INTEREST. SUCH RECUSAL AND DISCLOSURE OF THE CONFLICT OF INTEREST SHALL BE RECORDED IN THE MINUTES OF MEETINGS. THE BOARD MUST ALSO BE ADVISED OF ANY POTENTIAL CONFLICT OF INTEREST. THE CEO IS EXPECTED TO DISCLOSE CONFLICTS OF INTEREST TO THE BOARD CHAIR PURSUANT TO THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO AND CFO INCLUDED USING A COPY OF A COMPREHENSIVE COMPENSATION SURVEY BY AN INDEPENDENT ENTITY. THE SURVEY WAS COMPLETED IN 2019 AND INCLUDED COMPENSATION DATA FOR THE ABOVE POSITIONS AT SIMILAR NOT-FOR-PROFIT ORGANIZATIONS IN SOUTHWEST CONNECTICUT. THE DATA WAS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL AT THE TIME THE SURVEY WAS COMPLETED. THE CEO'S SALARY WAS DETERMINED BY THE EXECUTIVE COMMITTEE. THE COMMITTEE UTILIZED THE ABOVE SURVEYS IN DETERMINING THE CEO'S SALARY. A REVIEW OF RESULTS/OUTCOMES, FINANCIAL STANDING OF THE ORGANIZATION, AND PERFORMANCE MEASUREMENT AGAINST GOALS DETERMINED AT THE START OF THE FISCAL YEAR. THE CEO'S SALARY WAS PRESENTED TO THE FULL BOARD FOR COMMENT AND APPROVAL. THE CEO'S SALARY IS ADDRESSED WITH THE FULL BOARD AT A BOARD MEETING AT THE END OF EACH FISCAL YEAR WITH THE FINAL COMPENSATION BEING CONVEYED IN WRITING TO THE CFO. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FORM 1023 ARE MADE AVAILABLE FOR PUBLIC VIEWING UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF ASSETS -6,299. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. NO CHANGES HAVE BEEN MADE IN THE PRIOR YEAR. ATLANTIC PSH LLC 141 FRANKLIN STREET STAMFORD CT 06901 900802347 RESIDENTIAL REAL ESTATE CT 517174 3374925 INSPIRICA INC COLONY PSH LLC 141 FRANKLIN STREET STAMFORD CT 06901 800791503 RESIDENTIAL REAL ESTATE CT 495000 3262377 INSPIRICA INC 992 SUMMER STREET LLC 141 FRANKLIN STREET STAMFORD CT 06901 383956514 HOLDING COMPANY CT 0 100 INSPIRICA INC 72 FRANKLIN LLC 141 FRANKLIN STREET STAMFORD CT 06901 821496178 RESIDENTIAL REAL ESTATE CT 623310 9499323 INSPIRICA INC