Civic Intelligence

Community Renewal Team Inc

EIN 06-0795640 • 501(c)3 • Hartford, CT

Profile

(see schedule schedule o)

555 Windsor StreetHartford, CT 06120

www.crtct.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.26x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.20x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

36th percentile

0.3%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$417,740

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

33rd percentile

0.8%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-20%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$36,009,072

Up $278,702 (+0.8%) from 2023

Liabilities

Up

$9,528,157

Up $69,023 (+0.7%) from 2023

Net Assets

Up

$26,480,915

Up $209,679 (+0.8%) from 2023

Revenue

Down

$47,217,358

Down $12,055,728 (-20%) from 2023

Expenses

Down

$47,075,314

Down $10,765,922 (-19%) from 2023

Net Income

Down

$142,044

Down $1,289,806 (-90%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $31,048,097Liabilities 2010: $15,173,004Net Assets 2010: $15,875,0932010Assets 2011: $30,568,313Liabilities 2011: $12,651,395Net Assets 2011: $17,916,9182011Assets 2012: $33,339,923Liabilities 2012: $15,262,264Net Assets 2012: $18,077,6592012Assets 2013: $30,965,615Liabilities 2013: $12,963,047Net Assets 2013: $18,002,5682013Assets 2014: $27,818,420Liabilities 2014: $9,763,765Net Assets 2014: $18,054,6552014Assets 2015: $26,530,373Liabilities 2015: $8,202,475Net Assets 2015: $18,327,8982015Assets 2016: $27,839,159Liabilities 2016: $8,592,470Net Assets 2016: $19,246,6892016Assets 2017: $28,358,142Liabilities 2017: $9,660,349Net Assets 2017: $18,697,7932017Assets 2018: $27,018,349Liabilities 2018: $9,143,717Net Assets 2018: $17,874,6322018Assets 2019: $25,937,928Liabilities 2019: $7,520,874Net Assets 2019: $18,417,0542019Assets 2020: $25,847,919Liabilities 2020: $6,192,212Net Assets 2020: $19,655,7072020Assets 2021: $32,612,649Liabilities 2021: $11,733,705Net Assets 2021: $20,878,9442021Assets 2022: $36,879,484Liabilities 2022: $12,103,651Net Assets 2022: $24,775,8332022Assets 2023: $35,730,370Liabilities 2023: $9,459,134Net Assets 2023: $26,271,2362023Assets 2024: $36,009,072Liabilities 2024: $9,528,157Net Assets 2024: $26,480,9152024

Highlighted filing

2024

Assets$36,009,072
Liabilities$9,528,157
Net Assets$26,480,915

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2010: $77,589,1102010Revenue 2011: $83,376,709Expenses 2011: $82,915,250Net Income 2011: $461,4592011Expenses 2012: $64,132,4532012Revenue 2013: $59,583,777Expenses 2013: $59,658,868Net Income 2013: -$75,0912013Revenue 2014: $60,649,168Expenses 2014: $60,597,081Net Income 2014: $52,0872014Revenue 2015: $59,324,816Expenses 2015: $59,051,573Net Income 2015: $273,2432015Revenue 2016: $59,242,260Expenses 2016: $57,578,425Net Income 2016: $1,663,8352016Revenue 2017: $54,798,596Expenses 2017: $54,363,038Net Income 2017: $435,5582017Revenue 2018: $50,749,023Expenses 2018: $50,497,036Net Income 2018: $251,9872018Revenue 2019: $43,217,606Expenses 2019: $42,501,484Net Income 2019: $716,1222019Revenue 2020: $43,503,913Expenses 2020: $43,130,033Net Income 2020: $373,8802020Revenue 2021: $50,680,669Expenses 2021: $49,379,773Net Income 2021: $1,300,8962021Revenue 2022: $60,972,050Expenses 2022: $56,279,843Net Income 2022: $4,692,2072022Revenue 2023: $59,273,086Expenses 2023: $57,841,236Net Income 2023: $1,431,8502023Revenue 2024: $47,217,358Expenses 2024: $47,075,314Net Income 2024: $142,0442024

Highlighted filing

2024

Revenue$47,217,358
Expenses$47,075,314
Net Income$142,044

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.0$9.53$26.5$47.2$47.1$0.14
2023Detailed filing. Detailed filing data is available for this year.$35.7$9.46$26.3$59.3$57.8$1.43
2022Detailed filing. Detailed filing data is available for this year.$36.9$12.1$24.8$61.0$56.3$4.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$11.7$20.9$50.7$49.4$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.8$6.19$19.7$43.5$43.1$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.9$7.52$18.4$43.2$42.5$0.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.0$9.14$17.9$50.7$50.5$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$9.66$18.7$54.8$54.4$0.44
2016Detailed filing. Detailed filing data is available for this year.$27.8$8.59$19.2$59.2$57.6$1.66
2015Detailed filing. Detailed filing data is available for this year.$26.5$8.20$18.3$59.3$59.1$0.27
2014Detailed filing. Detailed filing data is available for this year.$27.8$9.76$18.1$60.6$60.6$0.05
2013Detailed filing. Detailed filing data is available for this year.$31.0$13.0$18.0$59.6$59.7$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.3$15.3$18.1$64.1
2011Summary only. Only limited summary data is available for this year.$30.6$12.7$17.9$83.4$82.9$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$15.2$15.9$77.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$47,401,245
Mission and Program Overview

Mission

(SEE SCHEDULE O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,676,134$10,372,068▼ $304,066
Savings and Temporary Cash Investments$7,642,438$9,602,105▲ $1,959,667
Investments in Publicly Traded Securities$5,693,108$6,012,961▲ $319,853
Pledges and Grants Receivable$6,601,212$4,142,566▼ $2,458,646
Inventories for Sale or Use$41,356$84,688▲ $43,332
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$35,730,370$36,009,072▲ $278,702
Other Assets Total$5,076,122$5,794,684▲ $718,562
Liabilities
Deferred Revenue$4,308,362$4,277,698▼ $30,664
Other Liabilities$2,698,639$2,807,271▲ $108,632
Accounts Payable and Accrued Expenses$2,452,133$2,443,188▼ $8,945
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$9,459,134$9,528,157▲ $69,023
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,282,228$25,439,781▲ $157,553
Net Assets With Donor Restrictions$989,008$1,041,134▲ $52,126
Total Net Assets Fund Balance$26,271,236$26,480,915▲ $209,679
Total Liabilities and Net Assets / Fund Balance$35,730,370$36,009,072▲ $278,702

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,599,601$14,835,797$23,435,398
Equipment$480,038$2,547,023$3,027,061
Land$1,292,429-$1,292,429
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Other Assets Org$569,339--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$989,008$0▲ $61,954$0$1,041,134
2023$903,201$26,519▲ $59,288$0$989,008
2022$994,841$0▼ $82,810$0$903,201
2021$515,937$473,782▲ $10,721$0$994,941
2020$60,850$550,000→ $0$95,013$515,837
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Magdalena RodriguezPresident/CEOFT$338,395$79,345$417,740
Christopher MccluskeySenior Vice PresidentFT$179,561$9,655$189,216
Heidi LubetkinVice PresidentFT$150,434$9,117$159,551
Julie AckermanVice PresidentFT$134,420$17,629$152,049
Jeffrey WalshChief Financial OfficerFT$136,745$9,264$146,009

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
-Clinical Services Consultant423 Barbour Street, Hartford, CT 06120$158,158
A Plus Improvement Group LLCWeatherization179 Park Avenue, East Hartford, CT 06108$110,066
Revenue and Support

Revenue Composition

Contributions and Grants
$675,525
Program Service Revenue
$46,130,317
Investment Income
$274,856
Other Revenue
$136,660
All Other Contributions
$675,525
Change in Net Assets
$142,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$18,715,231
Salaries, Compensation, and Employee Benefits$18,510,436
Other Expenses$9,849,647
Total Fundraising Expense$154,090
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$18,715,231--$18,715,231
Other Salaries and Wages$13,374,976$1,059,529$101,050$14,535,555
Office Expenses$3,402,342$232,599$6,738$3,641,679
Occupancy$2,075,531$166,718$0$2,242,249
Other Employee Benefits$1,724,295$154,911$601$1,879,807
Fees for Services Other$1,404,755$338,395$30,367$1,773,517
Payroll Taxes$1,126,537$123,484$8,555$1,258,576
Depreciation Depletion$572,839$87,858$0$660,697
Current Officers, Directors, Trustees, and Key Employees$0$563,749$0$563,749
Travel$366,077$29,538$100$395,715
Insurance$250,761$31,266$2,013$284,040
Pension Plan Contributions$250,326$17,757$4,666$272,749
Fees for Services Legal$91,659$100,545$0$192,204
Fees for Services Accounting$13,103$125,389$0$138,492
Other Expenses$59,600$7,374$0$66,974
Conferences and Meetings$45,319$13,421$0$58,740
Fees for Services Lobbying$0$35,000$0$35,000
Total Functional Expenses$43,815,925$3,105,299$154,090$47,075,314
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$161,638
Fundraising Direct Expenses$93,523
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Meals on Wheels Golf Tournament$42,361$42,361$13,064$29,297
Women's Golf Tournament$18,504$18,504$9,998$8,506
Total Events$161,638$161,638$93,523$68,115
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Funding Sources$1,576,191
Nonqualified Deferred Compensation$965,578
Post Retirement Health Care$265,502
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Form 990 was prepared by the Organization's Chief Financial Officer prior to filing with the IRS. In addition, a copy of the final draft of the Form 990 was provided to the Board of Trustees prior to filing with the IRS.

Form 990, Part VI, Section B, Line 12C

All Board members receive a copy of the Organization's by-laws which contains both a conflict of interest statement along with a confidentiality agreement for their review and signature to acknowledge their understanding of the conflict of interest policy. Board members are asked annually to return the signed documents to the Executive Office to be kept with the Organization's records. The Executive Assistant to the President/CEO reviews all completed statements to verify that they have been completed and if any conflicts have been disclosed. If any conflicts are noted, they are brought to the attention of the Chairperson of the Board of Trustees for resolution. Individuals with a conflict do not participate in any actions taken by the Board of Trustees pertaining to resolution of the conflict.

Form 990, Part VI, Section B, Line 15

CRT has an employment contract with its President and Chief Executive Officer, which provides for compensation and fringe benefits. The Board of Trustees reviews the President's performance on an annual basis. Board of Trustee members complete and submit a questionnaire on the President's performance to the Chairperson of the Board of Trustees. The Chairperson calls a meeting of the Board of Trustees Executive Committee to review and disclose the results. The Executive Committee authorizes the Chairperson to meet with the President to discuss the findings and comments regarding the President's performance and to discuss compensation prior to the execution of an employment contract. The Board of Trustees, acting through its compensation committee, retains an independent compensation consulting firm that performs a compensation study which considers the intermediate sanctions provisions of Internal Revenue Code section 4958 (IRC 4958). Based on the independent compensation consulting firm's work, a certification is issued to CRT's Board of Trustees indicating that the compensation provided under the employment contract is considered reasonable under IRC 4958. Upon completion of compensation analysis, a recommendation is then presented to the Board of Trustees for a final action by voting to approve the recommendation.

Form 990, Part VI, Section C, Line 19

The Organization's governing documents, conflict of interest policy and financial statements are available to the public upon request. The annual financial audit is posted to the Organization's internet site.

Filing and Contact Details

Filer

Filer Name
Community Renewal Team Inc
EIN
06-0795640
Phone
8605605600
Address
555 WINDSOR STREET, HARTFORD, CT 06120

Signing Officer

Name
Jeffrey Walsh
Title
CFO
Phone
8605605639
Signed
2025-11-17

Organization Details

Principal Officer
Magdalena Rodriguez
Formed
1964
Legal Domicile
Ct
Voting Board Members
15
Independent Board Members
15
Employees
487
Volunteers
3,400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

CRT's mission "Preparing our community to meet life's challenges". We help everyone wo comes to our door with resources for both immediate needs and longer-term goals. As the designated community action agency for both Hartford and Middlesex Counties, the Community Renewal Team (CRT) is dedicated to helping people take steps toward healthy and economically stable futures. Since 1963, our 501(c)(3) nonprofit organization has partnered with local elected officials, providers, funders, businesses, and the community to address challenges like hunger, homelessness, unemployment, and poverty. Together, we increase access to education, affordable housing, mental health services and much more for thousands of individuals and families throughout Central Connecticut each year. For over 60 years, CRT has been hard at work changing the lives of people we serve, helping them create positive opportunities with long-range impact. We connect individuals and families to the right resources, programs, and services - both our own and that of our partners - to help resolve urgent needs, provide critical support when people are in crisis, and empower people to take the correct steps that will lead to opportunities for success. We foster independence and skill building while guiding individuals, families, and entire communities toward a long-term stable and more successful future. We recognize that participants experience longer-term benefits from a holistic approach to case management. Through our "Steps to Success" case management process, we offer the opportunity to address a wide range of needs and challenges to help participants to build a better future for themselves and their families. Our single-minded determination to help every person who arrives at our door has driven us to encourage systems change. We listen to concerns of our communities throughout Central Connecticut - from Enfield straight down to Long Island Sound. We identify and develop innovative models to offer services to under-served populations and create connections with other community-based providers to augment our diverse range of programs and services, which include: basic needs (energy assistance, financial literacy, food & clothing assistance, housing counseling, SNAP outreach, VITA tax services, weatherization services); children (child nutrition, early childhood education, summer food); health & wellness (behavioral health services (mental health/substance abuse), HIV services, homeless outreach, medication assisted treatment program, re-entry recovery services); housing & shelters (affordable housing, housing placement & supportive services, homeless shelters: East Hartford family shelter, McKinney men's shelter, permanent supportive housing, housing for grandparents raising grandchildren, veterans and seniors); jobs and training (Middlesex youth development, summer youth employment); seniors (community cafes, meals on wheels, The Retreat Assisted Living, retired and senior volunteer program, senior affordable housing); veterans(targeted case management for veterans, supportive services for veteran families). CRT's accountability systems track program outcomes and the impact that these programs have on individual's families, and communities we serve. Monitoring systems are in place to ensure program integrity and transparency. Program Managers along with our Quality Assurance Department conduct regular program audits. Staff training and feedback is provided when needed to regularly improve and enhance our programs and services. In 2024, CRT served 27,667 households and 57,967 individuals throughout Central Connecticut (80% of the households served by CRT's programs and services are between zero and 200% of the Federal Poverty Limit; 26% are single parent households). CRT's core service area covers Hartford, Middlesex, and parts of New Haven County. Many people seek our services in person using our multi-service centers located in Hartford and Middletown. CRT believe

Financial Statement Notes

Schedule D, Part V, Line 4

Term Endowment will be utilized for veteran's services and women's empowerment services in accordance with the donors' request.

Schedule D, Part X, Line 2

The Community Renewal Team, Inc. (CRT) and the Meadows Real Estate Management and Development Corporation are not for profit organizations described in Section 501(c)(3) of the Internal Revenue Code, as amended (the Code), and are generally exempt from income taxes pursuant to Section 501(a) of the Code. CRT and its affiliates are required to assess uncertain tax positions and have determined that there were no such positions that are material to the consolidated financial statements.

Raw XML AppendixShowing 400 of 1,116 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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