Inspirica Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061172535 ✦ Stamford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Inspirica Inc?

Inspirica Inc, located in Stamford, Connecticut, is a significant nonprofit organization dedicated to combating homelessness and housing insecurity. They achieve this mission by offering comprehensive support services and affordable housing to individuals and families, aiming to help them achieve stability. In FY2022, Inspirica served 182 people in permanent supportive housing and deeply affordable housing across various facilities, including Colony Apartments, Atlantic Park Apartments, Rose Park Apartments, Metcalf House, and others. Their extensive array of services includes vocational training, workforce education, job placement, housing placement, and retention support, among others. Inspirica also provides direct access to medical, mental health, psychiatric, dental, and substance abuse treatment through strategic partnerships. Operating in Lower Fairfield County, they house approximately 350 people nightly and have the capacity to support 700 people annually, making them one of the largest providers of such services in Connecticut and Lower Fairfield County.


Official website here: www.inspiricact.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star Rating

Inspirica Inc has achieved an impressive 96% score on Charity Navigator, reflecting strong accountability and financial practices. The organization boasts an independent board of directors and has demonstrated effective oversight with no reported material diversions of assets. Their commitment to transparency is evident through clearly listed policies and practices, garnering high scores in constituent feedback and financial ratios.

User feedback is mixed, with some reviews highlighting exceptional experiences and the positive impact of staff in helping families overcome homelessness. Many individuals commend the organization for its comprehensive approach, offering not just shelter but also critical life skills and support services. However, there are notable criticisms regarding the treatment of clients, particularly concerning the safety and management of shared living spaces, indicating areas where improvement is essential.

Overall, while Inspirica Inc has established itself as a valuable resource in the community, addressing the concerns raised by clients will be vital to maintaining and enhancing its reputation as a supportive and safe organization for those in need.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Inspirica Inc legitimate?

Inspirica Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspirica Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $379,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,947,604

For more financial information, click here


Official website here: www.inspiricact.org

What is the mission statement of Inspirica Inc?

Inspirica Inc's mission is centered around ending homelessness and housing insecurity. They accomplish this by providing support services and affordable housing to individuals and families, aiming to help them achieve stability. As one of the largest providers in Connecticut and Lower Fairfield County, Inspirica houses approximately 350 people each night and has the capacity to offer support services to around 700 people annually. Their extensive array of services includes vocational training, workforce education, job placement, housing placement, job and housing retention support, children's services, early childhood and parenting services, counseling, case management, and much more. Furthermore, Inspirica provides direct access to medical care, mental health care, psychiatric care, dental care, and substance abuse treatment through strategic partnerships.


Official website here: www.inspiricact.org

Who is the CEO of Inspirica Inc?

Denise Durham Williams is the Co-Chair of Inspirica Inc. The CEO's salary of Inspirica Inc is $231,915 and their total compensation is $257,791.


Official website here: www.inspiricact.org

What is the revenue of Inspirica Inc?

Inspirica Inc's revenue in 2022 was $9,021,681.


Official website here: www.inspiricact.org

Who are the executives of Inspirica Inc and what are their salaries?

The average compensation at Inspirica Inc during 2022 was $32,537. There are 133 employees and 300 volunteers at Inspirica Inc.


Here are 24 key members and their salaries (Inspirica Inc's CEO's salary is $231,915 and their total compensation is $257,791):


Bruce Heller (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Devellis (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Gaglio Jr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Chivily (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Besaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Bruce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Carlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Donaldson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Geiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mckee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Mendelsohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy Minnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Mirza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Napier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Skigen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reda Supe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Tang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Williams (Ceo)
  • Compensation: $231,915
  • Related: $0
  • Other: $25,876
Steve Wolfe (Cfo)
  • Compensation: $118,548
  • Related: $0
  • Other: $13,229
Keenan Mcmahon (Coo)
  • Compensation: $113,447
  • Related: $0
  • Other: $11,611


Official website here: www.inspiricact.org

Where can I find the form 990 for Inspirica Inc?

Inspirica Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inspiricact.org

Learn more at the official website: www.inspiricact.org

Mission Statement of Inspirica Inc

Inspirica Inc, a prominent organization, is committed to eradicating homelessness and housing insecurity. They achieve this by providing support services and affordable housing to individuals and families, aiming to help them attain stability. As one of the largest providers of permanent supportive housing and services in Connecticut, specifically in Lower Fairfield County, Inspirica Inc houses approximately 350 people every night and has the capacity to assist around 700 individuals annually.

Their extensive array of support services encompasses vocational training, workforce education, job placement, housing placement, job and housing retention support, children's services, early childhood and parenting services, counseling, case management, and much more. Inspirica Inc also ensures access to essential healthcare services, including medical care, mental health care, psychiatric care, dental care, and substance abuse treatment, through a network of strategic partnerships. By offering such comprehensive support, Inspirica Inc empowers individuals and families to break the cycle of homelessness and build stable lives.

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Impact




July, 2024

Inspirica Inc's impact lies in their relentless efforts to end homelessness and housing insecurity by providing individuals and families with stability through support services and affordable housing. Inspirica operates as one of the largest providers of permanent supportive housing and services to the homeless in Connecticut, specifically in Lower Fairfield County. Each night, they house approximately 350 people, with the capacity to provide support to 700 people annually. Through 12 facilities in the region, Inspirica offers a wide range of support services including vocational training, workforce education, job placement, housing placement, job and housing retention support, children's services, counseling, case management, and more. Additionally, they provide direct access to essential medical, mental health, psychiatric, dental, and substance abuse treatment services through strategic partnerships.




This information is meant to be a general summary of Inspirica Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$9,021,681 (2022)
Expenses
$8,652,122 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $401,778
  • Program Service Revenue: $2,094,515
  • Gross Receipts: $17,176,486

Assets and Liabilities:

  • Total Assets: $36,652,479
  • Total Liabilities: $7,091,189
  • Net Assets: $29,561,290

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT INCOME

Revenue

$1,961,588

RAPID REHOUSING PROGRAM

Revenue

$132,927

Organization Details

Founding Year

1986

Principal Officer

Denise Durham Williams

Main Address

141 FRANKLIN STREET, STAMFORD, CT, 06901

NTEE Category

Code: N30 - Recreation

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