Overview
What is Csi Residential Inc?
Csi Residential Inc is a nonprofit organization operating in Connecticut, with a mission to provide affordable and supportive housing for individuals with chronic physical and medical conditions. Their primary objective is to enable these individuals to live at their fullest potential. The corporation owns and manages nine properties, specifically designed to cater to the needs of nine disabled residents. Apart from corporate-owned homes, they also offer community housing for the disabled population, demonstrating their commitment to enhancing the living standards of individuals with disabilities.
Official website here: www.hfsc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
Csi Residential Inc has received a Two-Star rating from Charity Navigator, indicating an overall score of 65%. This rating is solely based on the Accountability & Finance beacon, which reflects the organization’s financial health and governance practices. The organization scored well in areas such as having a majority of independent board members and maintaining strong conflict of interest and whistleblower policies.
However, the organization faces significant challenges, particularly in its financial ratios. The liabilities to assets ratio stands at 195.26%, which raises concerns about its financial stability. Additionally, while the program expense ratio is at 58.88%, it indicates that less than 60% of expenditures are directed toward its programs, which can be seen as a limitation in terms of operational efficiency.
Overall, Csi Residential Inc demonstrates a commitment to accountability with strong governance policies, but its financial challenges warrant attention for potential improvements.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Csi Residential Inc?
86% of 285 reviewers on Facebook recommend Csi Residential Inc. Here is a summary of their reviews:
Many individuals express a positive sentiment about the organization, noting that it is a good place to work. The atmosphere is frequently described as friendly, highlighting the supportive nature of the staff and the community. This camaraderie appears to contribute to a positive experience for employees, fostering a sense of belonging and teamwork.
Overall, it seems that Csi Residential Inc. successfully meets the expectations of its workers, creating a welcoming environment that encourages collaboration and satisfaction.
This AI summary has been generated from reviews found on Facebook.
Is Csi Residential Inc legitimate?
Csi Residential Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Csi Residential Inc submitted a form 990EZ, 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.
Official website here: www.hfsc.org
What is the mission statement of Csi Residential Inc?
Csi Residential Inc, a charitable organization, is dedicated to its mission of providing affordable and accessible housing for individuals with chronic physical and medical conditions. The corporation aims to manage homes that enable residents to live at their highest functional level. At present, nine individuals with disabilities reside in the corporation-owned properties. The organization also offers community housing for the disabled, supporting their overall well-being.
Official website here: www.hfsc.org
Who is the CEO of Csi Residential Inc?
Unavailable The CEO's salary of Csi Residential Inc is $0 and their total compensation is $0.
Official website here: www.hfsc.org
What is the revenue of Csi Residential Inc?
Csi Residential Inc's revenue in 2023 was $94,394.
Official website here: www.hfsc.org
Who are the executives of Csi Residential Inc and what are their salaries?
Here are 10 key members and their salaries (Csi Residential Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.hfsc.org
Where can I find the form 990EZ for Csi Residential Inc?
Csi Residential Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.hfsc.org
Learn more at the official website: www.hfsc.org
Mission Statement of Csi Residential Inc
Csi Residential Inc, a nonprofit organization, is established with a mission focused on charitable, scientific, and educational purposes. Their primary objective is to develop and manage affordable and supportive housing for individuals with chronic physical and medical conditions. This living arrangement allows these individuals to maintain their highest possible level of function. Currently, the corporation houses nine individuals with disabilities in homes that they own. Csi Residential Inc's commitment extends beyond providing a place to live, as they also manage community housing specifically for the disabled population.
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Impact
October, 2024
Csi Residential Inc plays a crucial role in enhancing the quality of life for individuals with chronic physical and medical conditions in Connecticut. By developing and managing accessible and supportive housing, the organization enables residents to live as independently as possible, promoting their well-being and dignity. The presence of nine individuals currently benefiting from corporate-owned homes in New Britain highlights the direct impact Csi Residential Inc has on the community.
Through its commitment to affordable housing, Csi Residential Inc not only addresses pressing housing needs but also fosters a sense of belonging and community among its residents. By providing stable and supportive environments, it empowers individuals with disabilities to achieve their highest potential, reinforcing the importance of inclusivity and accessibility in society.
This information is meant to be a general summary of Csi Residential 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $188
- Program Service Revenue: $89,370
- Gross Receipts: $94,394
Assets and Liabilities:
- Total Assets: $461,774
- Total Liabilities: $1,002,639
- Net Assets: -$540,865
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Organization Details
Phone
(860) 827-4842Main Address
2150 Corbin Ave, New Britain, CT, 06053
Website
www.hfsc.orgNTEE Category
Code: L20 - Housing
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