2026-03-24T10:43:15-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 3001 SUMMER STREET 5TH FLOOR EAST STAMFORD CT 06905 990 2024-07-01 061172535 INSPIRICA INC INSP 2033880119 141 FRANKLIN STREET STAMFORD CT 06901 ROSALBA MESSINA CHIEF EXECUTIVE OFFICER 2033880119 2026-03-24 1 1 MELISSA MODELSON P01603524 2033232400 2026-03-24 2024 2025-03-06 01:10:19Z ROSALBA MESSINA 141 FRANKLIN STREET STAMFORD CT 06901 13008407 0 X WWW.INSPIRICACT.ORG X 1986 CT INSPIRICA STRIVES TO END HOMELESSNESS AND HOUSING INSECURITY BY HELPING INDIVIDUALS AND FAMILIES ACHIEVE INDEPENDENCE THROUGH SUPPORT SERVICES AND AFFORDABLE HOUSING. 19 19 118 429 0 0 5002137 5955433 2240598 2404335 551236 527510 353536 355515 8147507 9242793 131412 129468 0 0 5855165 5846578 96912 65530 785558 3507220 3874859 9590709 9916435 -1443202 -673642 35476792 35277887 7620638 7798540 27856154 27479347 X INSPIRICA IS ONE OF THE LARGEST PROVIDERS OF EMERGENCY HOUSING, PERMANENT SUPPORTIVE HOUSING AND SUPPORT SERVICES IN CONNECTICUT. EACH NIGHT, WE HOUSE OVER 500 PEOPLE INCLUDING CHILDREN. WE OPERATE 12 FACILITIES IN STAMFORD AND PROVIDE AN EXTENSIVE ARRAY OF SUPPORT SERVICES, INCLUDING CASE MANAGEMENT; HOUSING PLACEMENT; EMPLOYMENT, EDUCATION, AND FINANCIAL EMPOWERMENT PROGRAMMING; VOCATIONAL TRAINING; JOB PLACEMENT; CHILDREN'S SERVICE; EARLY CHILDHOOD AND PARENTING PROGRAMMING; AND SENIOR SERVICES. THROUGH A NETWORK OF COMMUNITY PARTNERSHIPS, WE ALSO ENSURE ACCESS TO MEDICAL CARE, MENTAL HEALTH SERVICES, DENTAL CARE, SUBSTANCE ABUSE TREATMENT, AND OTHER ESSENTIAL RESOURCES TO ASSIST THOSE IN NEED OF CARE. 0 0 3418203 21481 2330482 PERMANENT SUPPORTIVE HOUSINGOUR PERMANENT SUPPORTIVE HOUSING PROGRAM GOES BEYOND PROVIDING A SAFE PLACE TO LIVE. RESIDENTS RECEIVE ON-SITE CASE MANAGEMENT AND ACCESS A COMPREHENSIVE NETWORK OF SUPPORT SERVICES. THIS INCLUDES JOB TRAINING, EDUCATIONAL OPPORTUNITIES, AND ASSISTANCE WITH FINDING AND KEEPING EMPLOYMENT. WE ALSO PARTNER WITH HEALTHCARE PROVIDERS TO ENSURE RESIDENTS CAN ACCESS MEDICAL, DENTAL, MENTAL HEALTH, AND SUBSTANCE DISORDER TREATMENT SERVICES ALL CRUCIAL ELEMENTS FOR BUILDING A STABLE AND FULFILLING LIFE.RENTS FOR TENANTS ARE AFFORDABLE (30% OF A PERSON'S INCOME, WHATEVER IT MAY BE), AND SUPPORT SERVICES ARE PROVIDED ON-SITE OR ON OUR FRANKLIN COMMON MAIN CAMPUS. FOR PEOPLE WITH SIGNIFICANT BARRIERS, PERMANENT SUPPORTIVE HOUSING IS THE ONLY OPTION FOR EXITING HOMELESSNESS.WE OPERATE NINE PERMANENT SUPPORTIVE HOUSING FACILITIES AND PROGRAMS IN CT: - ATLANTIC PARK APARTMENTS: 27 STUDIO APARTMENTS - COLONY APARTMENTS: 29 STUDIO APARTMENTS - MCKINNEY RESIDENCE: 15 BEDS IN 2 SUITES - METCALF HOUSE: 10 SINGLE RESIDENCY APARTMENTS - ROSE PARK APARTMENTS: 3 TWO-BEDROOM APARTMENTS (12 BEDS) - SUMMER PLACE: 48 STUDIOS AND ONE-BEDROOM APARTMENTS (64 BEDS) - GILEAD HOUSE: 13-BED RESIDENTIAL PROGRAM AND 3-BED JAIL DIVERSION TRANSITIONAL HOUSING - INSPIRE HOUSE: 13-BEDROOM COMMUNAL LIVING HOUSING - COMMUNITY SUPPORT PROGRAM (CSP): CASE MANAGEMENT SERVICES PROVIDED TO INDIVIDUALS LIVING INDEPENDENTLY THROUGHOUT STAMFORD AND NORWALK. 2378683 69465 0 HOMELESS PROGRAMS - EMERGENCY SHELTER/TRANSITIONAL HOUSING AND SUPPORT FOR FAMILIES AND SINGLE WOMEN OUR FAMILY HOUSING EMERGENCY SHELTER PROVIDES CRITICAL HOUSING TO 45 FAMILIES WITH CHILDREN UP TO 18 YEARS OF AGE FOR UP TO TWO MONTHS. OUR APPROACH TO ADDRESSING THE GROWING HOUSING NEEDS OF UNHOUSED FAMILIES IS NOT JUST TO PROVIDE HOUSING, BUT ALSO THE TOOLS THEY NEED TO BREAK THE CYCLE OF HOMELESSNESS. WE SUPPORT ADULTS THROUGH OUR RESIDENTIAL SERVICES BY PROVIDING A HOME AND WITH OUR SUPPORT SERVICES THAT ADDRESS THE UNDERLYING REASONS THAT MAY HAVE CAUSED THEM TO BECOME UNHOUSED.PARTICIPANTS LIVE IN A SUITE ENVIRONMENT WITH: - PRIVATE FAMILY BEDROOMS - SHARED BATHROOMS - SHARED KITCHENS - COMMON TV/DINING ROOMOUR COMPREHENSIVE SUPPORT SERVICES INCLUDE - CASE MANAGEMENT - EDUCATION, EMPLOYMENT & FINANCIAL EMPOWERMENT - VOCATIONAL TRAINING - JOB PLACEMENT - HOUSING PLACEMENT - JOB & HOUSING RETENTION SUPPORT - CHILDREN'S SERVICES - EARLY CHILDHOOD & PARENTING PROGRAMEMERGENCY SHELTER FOR WOMEN:THE HOME OF INSPIRICA'S EMERGENCY SHELTER FOR WOMEN IS THE ONLY ONE OF ITS KIND IN THE AREA. THE SHELTER HOUSES UP TO 35 SINGLE WOMEN AND PROVIDES THEM WITH EMERGENCY HOUSING AND SUPPORT SERVICES, SUCH AS:- VOCATIONAL TRAINING- JOB PLACEMENT- CASE MANAGEMENT- PARTICIPANTS LIVE IN A BOARDING HOUSE STRUCTURE WITH:- SHARED BEDROOMS- SHARED BATHROOMS- COMMON TV/COMPUTER ROOM- RESIDENTS RECEIVE BREAKFAST AND DINNER THROUGH OUR MEAL PROGRAM, OFTEN COURTESY OF OUR VOLUNTEERS. 900317 9074 61261 MENTAL ILLNESS PROGRAMS - OUTREACH, JAIL DIVERSION AND TRANSITIONAL HOUSING & SUPPORT SERVICES FOR INDIVIDUALS WITH MENTAL ILLNESSINSPIRICA SERVED INDIVIDUALS IN OUTREACH, JAIL DIVERSION, AND 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. 1686623 29448 12592 EDUCATION, EMPLOYMENT, AND FINANCIAL EMPOWERMENT PROGRAM (EEFE):AT INSPIRICA, WE EMPOWER PEOPLE BY EQUIPPING THEM WITH THE SKILLS, RESOURCES, AND SUPPORT NEEDED TO THRIVE IN THEIR CAREERS, EDUCATION, AND FINANCIAL LIVES. INSPIRICA PROVIDES HOLISTIC SUPPORT TO GUIDE PEOPLE TOWARDS PERSONAL GROWTH AND LONG-TERM SUCCESS.EDUCATIONAL OPPORTUNITIES:OUR L.I.F.E PROJECT IS A COMPREHENSIVE THREE-WEEK PROGRAM DESIGNED TO EQUIP INDIVIDUALS WITH ESSENTIAL LIFE SKILLS, FINANCIAL LITERACY, AND EDUCATIONAL KNOWLEDGE. IT EMPOWERS PARTICIPANTS TO ENHANCE PERSONAL GROWTH, IMPROVE JOB READINESS, AND LEARN ABOUT HOUSING AND GOVERNMENT PROGRAMS.EMPLOYMENT SERVICES:WE OFFER PERSONALIZED GUIDANCE IN CRAFTING EFFECTIVE RESUMES AND EXCELLING IN INTERVIEWS, ALONG WITH LOGISTICAL PLANNING TO ASSIST WITH INTERVIEW ATTIRE AND TRANSPORTATION. WE ALSO PROVIDE STRATEGIES AND RESOURCES TO HELP CLIENTS ADVANCE THEIR EARNING POTENTIAL, ENSURING THEY ARE WELL-EQUIPPED TO ACHIEVE CAREER GROWTH AND SUCCESS.GOVERNMENT BENEFITS ASSISTANCE (CONNECTICUT GOVERNMENT PROGRAMS):WE FACILITATE OUR CLIENTS' APPLICATIONS FOR VITAL PROGRAMS SUCH AS FOOD STAMPS, CASH ASSISTANCE, MEDICAID, UNEMPLOYMENT, SSI, AND SSDI.FINANCIAL MANAGEMENT TRAINING:INSPIRICA HELPS CLIENTS MANAGE THEIR FINANCES EFFECTIVELY BY CREATING TAILORED EXPENSE SHEETS AND BUDGETS. WE ALSO PROVIDE STRATEGIES FOR REBUILDING CREDIT HEALTH AND EMPOWER CLIENTS TO MAKE INFORMED AND BENEFICIAL FINANCIAL DECISIONS, LAYING THE GROUNDWORK FOR LONG-TERM FINANCIAL STABILITY.VOCATIONAL TRAINING:WE ALSO OFFER VOCATIONAL TRAINING TO HELP INDIVIDUALS ACQUIRE IN-DEMAND SKILLS. WE PROVIDE SUPPORT FOR ENROLLING IN VOCATIONAL COURSES SUCH AS CERTIFIED NURSING ASSISTANT (CNA), PHLEBOTOMY, AND SECURITY GUARD CERTIFICATION, EMPOWERING INDIVIDUALS TO ENTER THE WORKFORCE AND ACHIEVE FINANCIAL STABILITY. 1686623 29448 12592 8383826 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 45 0 118 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RACHEL LIEBERMAN 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 WENDY LEWIS VICE CHAIR 2.00 X X 0 0 0 JOHN LOUIZOS VICE CHAIR 2.00 X X 0 0 0 SUSAN MIRZA SECRETARY 2.00 X X 0 0 0 BENJAMIN GEIGER TREASURER 2.00 X X 0 0 0 RHONDA BROCKMANN DIRECTOR 2.00 X 0 0 0 CHRISTINE CHIVILY DIRECTOR 2.00 X 0 0 0 ROBERT DEVELLIS DIRECTOR 2.00 X 0 0 0 GEORGE DONALDSON DIRECTOR 2.00 X 0 0 0 REVEREND SHELLEY DONALDSON DIRECTOR 2.00 X 0 0 0 RASHAD FORD DIRECTOR 2.00 X 0 0 0 ERIC GOEBERT DIRECTOR 2.00 X 0 0 0 MARJAE JACKSON DIRECTOR 2.00 X 0 0 0 JOHN MCKEE DIRECTOR 2.00 X 0 0 0 MARCY MINNICK DIRECTOR 2.00 X 0 0 0 GUY MORTON DIRECTOR 2.00 X 0 0 0 VALENTINA POGHOSYAN DIRECTOR 2.00 X 0 0 0 JEFF UM DIRECTOR 2.00 X 0 0 0 ROSALBA MESSINA CEO 40.00 X 77636 0 3819 LUCY FREEMAN VP OF HOUSING & PROGRAM SERVICES 40.00 X 137542 0 0 BRET NELSON VICE PRESIDENT OF OPERATIONS 40.00 X 111804 0 66926 DENISE DURHAM WILLIAMS FORMER CEO 40.00 X 160719 0 0 487701 0 70745 3 1 1 0 CITRIN COOPERMAN ADVISORS LLC PO BOX 23946 NEW YORK NY 100873946 ACCOUNTING SERVICES 135855 MESSINA CONSULTING GROUP LLC 360 CENTRAL PARK WEST SUITE 12J NEW YORK NY 10025 INTERIM CEO SERVICES 132000 FF MECHANICAL SERVICE LLC 2 DWIGHT STREET NORTH HAVEN CT 06473 MECHANICAL CONTRACTOR 115381 CONNECTICUT STUCCO CONSTRUCTION LLC 184 CLINTON AVENUE NEW HAVEN CT 06513 EXTERIOR INSULATION SERVICE 103000 4 21088 423738 3140281 2370326 5955433 TENANT INCOME 531110 2404335 2404335 2404335 404635 404635 3798907 3676032 122875 122875 122875 26171 423738 89582 -63411 -63411 REIMBURSEMENT 900099 215137 215137 APPLICATION FEES 900099 84820 84820 MISCELLANEOUS INCOME 900099 79314 79314 39655 39655 418926 9242793 2404335 0 883025 129468 129468 227937 36470 38749 152718 36000 5760 6120 24120 4520445 3854219 435622 230604 4099 4099 532873 485287 17762 29824 525224 440356 22534 62334 16881 13960 1583 1338 331970 254275 42119 35576 65530 65530 26617 26617 481215 436717 24122 20376 748 382 52 314 253052 214938 14235 23879 216496 150362 18406 47728 803705 743683 32539 27483 54376 45790 4637 3949 39656 35943 2013 1700 44845 44793 28 24 1024099 966209 31382 26508 123375 105314 9791 8270 REPAIRS & MAINTENANCE 276182 251203 12592 12387 PROGRAM SUPPLIES 94097 92956 77 1064 OTHER EXPENSES 46871 39306 3894 3671 RECRUITING FEES 21367 16334 2177 2856 19307 16002 3305 9916435 8383826 747051 785558 608052 324785 2736444 3137414 268325 628553 421388 259724 115446 88817 32915387 13008663 20190563 19906724 8473484 8168352 37948 22368 2625142 2741150 35476792 35277887 1202474 1337092 712 7524 131677 130961 6285775 6322963 7620638 7798540 X 19954625 19359774 7901529 8119573 27856154 27479347 35476792 35277887 X -673642 505618 -208783 X X 0 1 X 1 1 1 X 5270823 6087734 5575345 5002137 5955433 27891472 5270823 6087734 5575345 5002137 5955433 27891472 515777 27375695 298318 207429 335384 432815 404635 1678581 8703 11008 19711 223891 316914 272151 389487 418926 1621369 31211133 10734169 0.87710 0.90470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENT - 2020 AMOUNT: $ 146,020. 2021 AMOUNT: $ 165,064. 2022 AMOUNT: $ 173,170. 2023 AMOUNT: $ 188,735. 2024 AMOUNT: $ 215,137. APPLICATION FEES - 2020 AMOUNT: $ 21,687. 2021 AMOUNT: $ 7,443. 2022 AMOUNT: $ 11. 2024 AMOUNT: $ 84,820. MISCELLANEOUS INCOME - 2020 AMOUNT: $ 5,158. 2021 AMOUNT: $ 2,704. 2022 AMOUNT: $ 33,105. 2023 AMOUNT: $ 6,093. 2024 AMOUNT: $ 79,314. LAUNDRY INCOME - 2020 AMOUNT: $ 22,879. 2021 AMOUNT: $ 31,591. 2022 AMOUNT: $ 34,335. 2023 AMOUNT: $ 33,319. 2024 AMOUNT: $ 31,425. VENDING MACHINE INCOME - 2020 AMOUNT: $ 3,308. 2021 AMOUNT: $ 5,810. 2022 AMOUNT: $ 5,683. 2023 AMOUNT: $ 6,091. 2024 AMOUNT: $ 4,596. INSURANCE SETTLEMENT - 2020 AMOUNT: $ 18,480. 2021 AMOUNT: $ 1,932. 2022 AMOUNT: $ 596. 2023 AMOUNT: $ 3,259. 2024 AMOUNT: $ 3,507. CREDIT CARD REWARDS - 2020 AMOUNT: $ 6,359. 2021 AMOUNT: $ 3,597. 2022 AMOUNT: $ 3,662. 2023 AMOUNT: $ 3,730. 2024 AMOUNT: $ 127. FORGIVENESS OF DEBT - 2021 AMOUNT: $ 80,000. COLD WEATHER PROTOCOL - 2021 AMOUNT: $ 18,773. 2022 AMOUNT: $ 21,589. 2023 AMOUNT: $ 148,260. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5776310 1000000 551362 317928 7009744 5418773 653413 295876 5776310 5279610 472222 333059 5418773 6237828 -600913 357305 5279610 5100261 1137567 6237828 0.00000 0.55173 0.44828 0 0 4781622 4781622 24381294 9799897 14581397 1952949 1832038 120911 1548915 1191220 357695 250607 185508 65099 19906724 RESTRICTED DEPOSITS AND FUNDED RESERVES 2741150 2741150 X 9510206 505618 505618 9004588 26617 211588 238205 9242793 9887013 0 9887013 26617 2805 29422 9916435 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: LOSS ON DISPOSAL OF ASSET 146,452. CASUALTY LOSS 62,331. OTHER FUNDRAISING EXPENSES NETTED AGAINST SPECIAL EVENTS EXPENSE 2,805. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER FUNDRAISING EXPENSES NETTED AGAINST SPECIAL EVENTS EXPENSE 2,805. X X X X X X X 1 ASA CONSULTING 770 BROADWAY 2ND FLOOR NEW YORK NY 10003 FUNDRAISING CONSULTANT 0 0 65530 -65530 65530 -65530 CT SEEDS OF HOPE GALA 376102 349931 26171 36615 2925 11977 HARVEST FOR HOPE 46274 46274 430 28091 3178 1 27533 27533 6366 449909 423738 26171 37045 28091 2925 21521 89582 -63411 1 TRANSITIONAL AND AFFORDABLE HOUSING 509 129468 PART I, LINE 2: WE MONITOR GRANTS THROUGH A MULTI-STEP PROCESS TO ENSURE COMPLIANCE WITH DONOR RESTRICTIONS AND ALIGNMENT WITH OUR MISSION OF PROVIDING HOUSING AND WRAPAROUND SERVICES TO INDIVIDUALS EXPERIENCING HOMELESSNESS AND HOUSING INSECURITY. OUR MONITORING INCLUDES: 1. GRANT AGREEMENTS: WE FOLLOW FORMAL AGREEMENTS OUTLINING THE TERMS, RESTRICTIONS, AND REPORTING REQUIREMENTS FOR EACH GRANT. 2. REGULAR REPORTING: GRANTEES OR PROGRAM LEADS SUBMIT PERIODIC REPORTS DETAILING HOW FUNDS ARE UTILIZED AND THEIR IMPACT. 3. FINANCIAL OVERSIGHT: OUR FINANCE TEAM REVIEWS EXPENDITURES FOR COMPLIANCE WITH GRANT REQUIREMENTS, ENSURING FUNDS ARE USED APPROPRIATELY AND TRACKED ACCURATELY. 4. PROGRAM MONITORING: STAFF CONDUCTS SITE VISITS AND REGULAR EVALUATIONS OF GRANT-FUNDED PROGRAMS TO VERIFY ALIGNMENT WITH OBJECTIVES, PERFORMANCE METRICS, AND COMMUNITY IMPACT GOALS. 5. FINAL EVALUATION: AT THE CONCLUSION OF THE GRANT PERIOD, WE CONDUCT A COMPREHENSIVE REVIEW TO ASSESS PROGRAM PERFORMANCE.. X X X X 1 0 0 0 0 0 0 0 0 BRET NELSON VICE PRESIDENT OF OPERATIONS 111664 0 0 0 140 0 0 0 66926 0 178730 0 0 0 DENISE DURHAM WILLIAMS FORMER CEO 0 0 0 0 160719 0 0 0 0 0 160719 0 0 0 PART I, LINE 4A DENISE DURHAM WILLIAMS, FORMER CEO, RECIEVED A SEVERANCE PAYMENT IN THE AMOUNT OF $159,731. 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: OUR AREA HAS BEEN PARTICULARLY HARD HIT DUE TO THE HIGH COST OF LIVING. 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. 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 47% INDIVIDUALS WHO IDENTIFY AS BLACK OR AFRICAN AMERICAN, 38% IDENTIFY AS HISPANIC OR LATINO OF ANY RACE, 12% WHO IDENTIFY AS WHITE (NON-HISPANIC), AND 3% CATEGORIZED AS OTHER. 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 SHELTER: OUR FAMILY HOUSING PROGRAM HAS TWO DISTINCT COMPONENTS: AN EMERGENCY SHELTER THAT PROVIDES HOUSING AND SUPPORT SERVICES FOR UP TO 67 INDIVIDUALS, AND A TRIAGE CENTER THAT SERVES AS A DROP-IN SHELTER FOR UP TO 25 UNHOUSED INDIVIDUALS; AND, A TRANSITIONAL HOUSING FACILITY THAT PROVIDES HOUSING AND SUPPORT SERVICES TO APPROXIMATELY 17 FAMILIES (36 INDIVIDUALS) FOR UP TO 24 MONTHS. WOMEN'S SHELTER: OUR WOMEN'S HOUSING PROGRAM PROVIDES EMERGENCY SHELTER AND SUPPORT SERVICES FOR UP TO 35 WOMEN. GILEAD HOUSE: OUR GILEAD PROGRAM PROVIDES TRANSITIONAL HOUSING FOR 16 SINGLE MEN AND WOMEN LIVING WITH PERSISTENT MENTAL ILLNESS, INCLUDING 3 BEDS IN A JAIL DIVERSION PROGRAM. MCKINNEY RESIDENCE: PROVIDES TRANSITIONAL HOUSING FOR 15 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 UP TO 78 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 9 FAMILIES (UP TO 36 INDIVIDUALS). 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 COUNSELING AS WELL AS OUR L.I.F.E. PROGRAM, A 3-WEEK TRAINING COURSE WITH A CURRICULUM THAT INCLUDES A VARIETY OF TOPICS, FROM FINANCIAL BUDGETING AND JOB SEARCHING TO UNDERSTANDING GOVERNMENT PROGRAMS AND THE BENEFIT OF LIFELONG LEARNING. FORM 990, PART III, LINE 1 ADDITIONAL SUPPORT SERVICES: IN ADDITION TO THE ABOVE, WE PROVIDE AN EXTENSIVE ARRAY OF SUPPORT SERVICES, INCLUDING OUR RAPID REHOUSING PROGRAM, WHICH PROVIDES MEDIUM-TERM RENTAL SUPPORT AND CASE MANAGEMENT, AS WELL AS 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 FY25 OUR RESULTS INCLUDED THE FOLLOWING: JOB PLACEMENTS: 135 JOB PLACEMENTS MADE 90 INDIVIDUALS MOVED INTO PERMANENT HOUSING 341 SERVED IN EMERGENCY AND TRANSITIONAL HOUSING 365 SERVED IN DEEPLY AFFORDABLE AND PERMANENT HOUSING 212 CHILDREN SERVED ACROSS ALL PROGRAMS FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HIRED MESSINA CONSULTING GROUP, LLC AS A MANAGEMENT COMPANY WHICH PERFORMS THE FOLLOWING SERVICES: - SUPERVISING PERSONNEL, - PLANNING OR EXECUTING BUDGETS OR FINANCIAL OPERATIONS, - SUPERVISING EXEMPT OPERATIONS OF THE ORGANIZATION. DURING FY2025, THE TOTAL MANAGEMENT FEE PAID TO MESSINA CONSULTING GROUP, LLC WAS $36,000. 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 KEY 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 BOARD OF DIRECTORS REVIEWS THE JOB RESPONSIBILITIES OF THE CEO, OBTAINS COMPARABILITY DATA AND PERFORMS A MARKET ANALYSIS OF PERSONS HOLDING SIMILAR POSITIONS IN OTHER SIMILAR ORGANIZATIONS. THE DATA IS REVIEWED AND APPROVED BY THE BOARD. THE CEO COMPENSATION IS THEN CONVEYED IN WRITING TO THE FISCAL DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FORM 990 AND 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF ASSETS -146,452. CASUALTY LOSS -62,331. 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 480315 3353072 INSPIRICA INC COLONY PSH LLC 141 FRANKLIN STREET STAMFORD CT 06901 800791503 RESIDENTIAL REAL ESTATE CT 513465 3312076 INSPIRICA INC 992 SUMMER STREET LLC 141 FRANKLIN STREET STAMFORD CT 06901 383956514 HOLDING COMPANY CT 100 INSPIRICA INC 72 FRANKLIN LLC 141 FRANKLIN STREET STAMFORD CT 06901 821496178 RESIDENTIAL REAL ESTATE CT 724240 9777683 INSPIRICA INC