Inspirica Inc

“The organization hired messina consulting group, llc as a management company which performs the following services: - supervising personnel, - planning or executing budgets or financial operations, - supervising exempt operations of the organization. During fy2025, the total management fee paid to messina consulting group, llc was $36,000.”

“Inspirica, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. Once the board has approved the return it is filed with the internal revenue service.”

“All directors and key employees sign a conflict of interest form annually. In each fiscal year at least one board meeting includes an agenda item on conflict of interest, reminding all board members of their commitment to adhere to the policy and asking if there are any known or potential conflicts of interest. Any real or perceived conflict of interest between a board member and inspirica must be disclosed in writing (see conflict of interest disclosure statement). Members of the board of directors must disclose any personal, family, or business interests that may, in the eyes of a reasonable person, influence their judgment. This includes, but is not limited to: a) a personal, professional or financial relationship with inspirica as a supplier of goods or services (for which he or she, a family member or an affiliated business receives financial compensation); b) a personal, professional or financial relationship with a client of inspirica; c) a family relationship with any inspirica staff member, or d) a business related gift or payment that might influence his or her decision-making or actions relating to inspirica. Conflicts of interest (real and perceived) should not prevent an individual from serving as a director unless, in the judgment of the board of directors, the extent of the conflict is so significant that the potential for divided loyalty is present. Once a potential conflict is disclosed, the governance committee will be responsible for evaluating the potential conflict of interest to determine if an actual conflict or the appearance of a conflict exists. In the event, the governance committee determines that an actual conflict or the appearance of a conflict exists, it shall present the conflict and the governance committee's recommendation as to how to manage the conflict to the full board. Board members must recuse themselves from any discussions or voting on any matters where they have, or may be perceived as having, a conflict of interest. Such recusal and disclosure of the conflict of interest shall be recorded in the minutes of meetings. The board must also be advised of any potential conflict of interest. The ceo is expected to disclose conflicts of interest to the board chair pursuant to the conflict of interest policy.”

“The board of directors reviews the job responsibilities of the ceo, obtains comparability data and performs a market analysis of persons holding similar positions in other similar organizations. The data is reviewed and approved by the board. The ceo compensation is then conveyed in writing to the fiscal department.”

“The foundation makes its form 990 and 1023 available for public inspection as required under section 6104 of the internal revenue code. In addition, the financial statements, conflict of interest policy, and governing documents are available to the public upon written request.”

“We are unique for several reasons: the first is the breadth of housing we provide. By providing temporary housing (family and women's shelters), transitional housing, permanent housing, deeply affordable housing, and rapid rehousing, we offer safe and affordable housing to those in need in fairfield county. The second is the scope of people we serve. By serving single women, families, people with mental illness, and persons living with hiv/aids, we are able support those in most need within stamford and throughout fairfield county. The third is our comprehensive approach to helping the under served. We address not just the physical part of homelessness, but all of the underlying reasons a person becomes homeless. Our ability to integrate services is a key element of our success and sets us apart from many other organizations. Inspirica is also unique for a fourth reason - our intense focus on results. We measure success not by how many people we serve, but the ultimate goal: how many of them achieve and maintain permanent housing and stability. Community needs: our area has been particularly hard hit due to the high cost of living. This has resulted in a different kind of homelessness: economic homelessness. While mental illness and substance abuse still play an outsized role, the rising cost of living coupled with wage stagnation is now leading to soaring homelessness and a record demand for our services. Inspirica continues to address the rising and changing face of homelessness through several means, including: expanding our stock of deeply affordable housing; launching a wage growth initiative; expanding rapid rehousing; and forging multiple collaborations on a local and regional level. The population we serve: inspirica serves individuals and families that live in poverty or near poverty and all are homeless or at risk of becoming homeless. The majority have little or limited job experience and educational backgrounds. Many suffer from substance abuse, mental illness, and/or hiv/aids. We serve single women, families, individuals with cognitive impairments as well as some with a history of incarceration. Without inspirica, they are unlikely to secure employment and earn the income they need to be able to move into the community and become productive members of society. Our clients' demographics include 47% individuals who identify as black or african american, 38% identify as hispanic or latino of any race, 12% who identify as white (non-hispanic), and 3% categorized as other. Programs: inspirica is unique in its ability to address the needs of our clients holistically and comprehensively through an end-to-end platform of integrated services, all of which leverage each other. We are one of only a few organizations nationally that has combined residential and support services under one roof in a one-stop-shop setting. Our ability to address both the physical aspect of homelessness and its underlying root causes increases our success rate. Residential programs: family shelter: our family housing program has two distinct components: an emergency shelter that provides housing and support services for up to 67 individuals, and a triage center that serves as a drop-in shelter for up to 25 unhoused individuals; and, a transitional housing facility that provides housing and support services to approximately 17 families (36 individuals) for up to 24 months. Women's shelter: our women's housing program provides emergency shelter and support services for up to 35 women. Gilead house: our gilead program provides transitional housing for 16 single men and women living with persistent mental illness, including 3 beds in a jail diversion program. Mckinney residence: provides transitional housing for 15 single men and women living with hiv/aids illness. Permanent supportive housing: our permanent supportive housing program consists of four residences (colony apartments, atlantic park apartments, metcalf house, and rose park) that together”

“Additional support services: in addition to the above, we provide an extensive array of support services, including our rapid rehousing program, which provides medium-term rental support and case management, as well as counseling and case management within our residential programs. We further provide clients with direct access to medical and dental care, in-patient substance abuse treatment, psychiatric care and more through a network of formal strategic partnerships. Outcomes & results: inspirica holds itself to a high standard. We measure success not by how many people we serve, but by how many of them attain jobs and move into permanent housing. Our rigorous approach to metrics and ability to evaluate our programs have proven extremely successful. In fy25 our results included the following: job placements: 135 job placements made 90 individuals moved into permanent housing 341 served in emergency and transitional housing 365 served in deeply affordable and permanent housing 212 children served across all programs”

“Loss on disposal of assets -146,452. Casualty loss -62,331.”

“The organization has an audit committee that assumes the responsibility for oversight of the audit and selection of the independent accountant. No changes have been made in the prior year.”