Overview
What is Cifc Elp Holding Corp?
Cifc Elp Holding Corp is a 501(c)(2) nonprofit organization, headquartered in Danbury, Connecticut. Its primary function is to manage and generate income from property investments. The collected income, after accounting for expenses, is then transferred to the Connecticut Institute for Communities, Inc., serving as a means of supporting their initiatives. While the specific objectives or services provided by the Connecticut Institute for Communities, Inc., are not detailed in the information provided, Cifc Elp Holding Corp's role is to financially contribute to their mission.
Is Cifc Elp Holding Corp legitimate?
Cifc Elp Holding Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cifc Elp 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 Elp Holding Corp?
Cifc Elp Holding Corp, functioning as a 501(c)(2) nonprofit organization, primarily focuses on holding property interests and generating income. The primary objective of this organization is to collect earnings from its property holdings and subsequently transfer the entire income, after deducting expenses, to the Connecticut Institute for Communities, Inc. This transfer of funds is intended to support the work of the Connecticut Institute for Communities, Inc. in its mission. The specific mission or activities of the Connecticut Institute for Communities, Inc. are not provided in the given information.
Who is the CEO of Cifc Elp Holding Corp?
Katherine Curran is the President & Ceo of Cifc Elp Holding Corp. The CEO's salary of Cifc Elp Holding Corp is $0 and their total compensation is $195,405.
What is the revenue of Cifc Elp Holding Corp?
Cifc Elp Holding Corp's revenue in 2022 was -$40,029.
Who are the executives of Cifc Elp Holding Corp and what are their salaries?
Here are 5 key members and their salaries (Cifc Elp 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: $647
- Related: $89,547
- 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 Elp Holding Corp?
Cifc Elp Holding Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cifc Elp Holding Corp
Cifc Elp Holding Corp, a 501(c)(2) nonprofit organization, serves a unique role in the community. Its primary mission is to manage and generate income from its property holdings. This income, after deducting expenses, is then transferred in its entirety to the Connecticut Institute for Communities, Inc. By doing so, Cifc Elp Holding Corp effectively supports the initiatives and operations of this institution, contributing to its overall mission and impact in the community. While the organization itself does not engage in direct community work or have a public-facing mission, it plays a crucial behind-the-scenes role in providing financial support to another nonprofit organization, thereby contributing to its capacity to serve and support communities in need.
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Impact
October, 2024
Cifc Elp Holding Corp plays a crucial role in supporting community development through its property management activities. By holding interests in various properties and collecting income generated from them, the organization effectively channels resources towards the Connecticut Institute for Communities, Inc. This partnership ensures that the income is utilized for community improvement initiatives, thereby enhancing the overall well-being of the local population. Cifc Elp Holding Corp's operations help sustain vital programs and services that contribute to community betterment, fostering growth and stability in Danbury and surrounding areas.
This information is meant to be a general summary of Cifc Elp 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.
- Gross Receipts: $32,950
Assets and Liabilities:
- Total Assets: $1,378,162
- Total Liabilities: $313,366
- Net Assets: $1,064,796
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Organization Details
Founding Year
2013
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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