Overview
What is Cifc Ysf Holding Corp?
Cifc Ysf Holding Corp is a 501(c)(2) nonprofit organization established in Danbury, Connecticut. Its primary function is to manage and generate income from property holdings. The income generated, after deducting expenses, is then transferred to the Connecticut Institute for Communities, Inc., a charitable organization exempt from income tax under IRC Section 501(a). The mission of Cifc Ysf Holding Corp is to support the activities of the Connecticut Institute for Communities, Inc., thereby contributing to its goals and objectives.
Is Cifc Ysf Holding Corp legitimate?
Cifc Ysf Holding Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cifc Ysf Holding Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cifc Ysf Holding Corp?
Cifc Ysf Holding Corp, as a 501(C)(2) nonprofit organization, has a singular focus on holding title to property and collecting income generated from this property. The primary objective is to then transfer the entire income, after deducting expenses, to Connecticut Institute for Communities, Inc., an organization exempt from income tax under IRC Section 501(A). This transfer of funds serves as the primary mission of Cifc Ysf Holding Corp.
Who is the CEO of Cifc Ysf Holding Corp?
Katherine Curran is the President & Ceo of Cifc Ysf Holding Corp. The CEO's salary of Cifc Ysf Holding Corp is $0 and their total compensation is $195,405.
What is the revenue of Cifc Ysf Holding Corp?
Cifc Ysf Holding Corp's revenue in 2022 was $0.
Who are the executives of Cifc Ysf Holding Corp and what are their salaries?
Here are 5 key members and their salaries (Cifc Ysf Holding Corp's CEO's salary is $0 and their total compensation is $195,405):
- Compensation: $0
- Related: $188,722
- Other: $6,683
- Compensation: $0
- Related: $98,017
- Other: $3,865
- Compensation: $0
- Related: $90,194
- Other: $0
- Compensation: $0
- Related: $56,299
- Other: $12,502
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cifc Ysf Holding Corp?
Cifc Ysf Holding Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cifc Ysf Holding Corp
Cifc Ysf Holding Corp, a 501(C)(2) nonprofit organization, is primarily established with the mission to manage property and generate income from it. This income, after deducting expenses, is then transferred in its entirety to Connecticut Institute for Communities, Inc., an organization recognized as exempt from income tax under IRC Section 501(A). This transfer of income serves as a means to support the work and initiatives of the Connecticut Institute for Communities, Inc., contributing to its overall operations and objectives.
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Impact
October, 2024
Cifc Ysf Holding Corp plays a significant role in supporting community initiatives through its financial contributions to the Connecticut Institute for Communities, Inc. By holding title to property and collecting income from it, the organization sustains a steady stream of funds that are redistributed to support various community programs and services. This impact is especially pronounced in areas such as community development, social services, and economic support, as the income generated is reinvested into programs that enhance the quality of life within the community.
Located in Danbury, CT, Cifc Ysf Holding Corp effectively leverages its real estate assets to create a positive ripple effect in the local community, ensuring that available resources are maximized for community improvement efforts. The organization's commitment to channeling income, after covering necessary expenses, directly reinforces social initiatives, fostering a more resilient and vibrant community.
This information is meant to be a general summary of Cifc Ysf Holding Corp. 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 2022.
Assets and Liabilities:
- Total Assets: $559,860
- Total Liabilities: $162,615
- Net Assets: $397,245
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Organization Details
Founding Year
2011
Phone
(203) 743-9760Principal Officer
Katherine Curran
Main Address
120 MAIN STREET 4TH FLOOR, DANBURY, CT, 06810
NTEE Category
Code: S47 - Community improvement
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