Form 990, Part VI, Section B, Line 11
“The form 990 is first reviewed by the management of cil community resources inc and then copy of the form 990 is emailed to the board members prior to the filing date.”
990 • Fiscal year 2014 • EIN 26-3260036
Scores are not available for this record yet.
Assets
Down$16,767,504
Down $1,915,073 (-10%) from 2013
Net Assets
Up$593,754
Up $49,958 (+9.2%) from 2013
Liabilities
Down$16,173,750
Down $1,965,031 (-11%) from 2013
Revenue
$4,192,830
No earlier filing loaded for comparison.
Expenses
Up$4,142,872
Up $3,570,546 (+624%) from 2013
Net Income
$49,958
No earlier filing loaded for comparison.
The mission of cil community resources inc is to develop, own, manage and administer non-residential real estate and other programs and resources in support of and for the benefit of any nonprofit 501c3 organization including but not limited to the corporation for independent living.
To construct non-residential space for other not for profit entities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $9,031,268 | $15,072,647 | ▲ $6,041,379 |
| Cash and Non-Interest-Bearing Accounts | $1,920,715 | $1,379,658 | ▼ $541,057 |
| Land, Buildings, and Equipment, Net | - | $178,748 | - |
| Inventories for Sale or Use | $7,723,340 | $99,853 | ▼ $7,623,487 |
| Accounts Receivable | $7,254 | $30,759 | ▲ $23,505 |
| Prepaid Expenses and Deferred Charges | - | $5,839 | - |
| Total Assets | $18,682,577 | $16,767,504 | ▼ $1,915,073 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $11,610,000 | $9,195,000 | ▼ $2,415,000 |
| Mortgage Notes Payable Secured by Investment Property | $6,339,642 | $6,277,910 | ▼ $61,732 |
| Other Liabilities | $93,705 | $449,446 | ▲ $355,741 |
| Accounts Payable and Accrued Expenses | $76,754 | $214,765 | ▲ $138,011 |
| Deferred Revenue | $18,680 | $36,629 | ▲ $17,949 |
| Total Liabilities | $18,138,781 | $16,173,750 | ▼ $1,965,031 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $543,796 | $593,754 | ▲ $49,958 |
| Total Net Assets Fund Balance | $543,796 | $593,754 | ▲ $49,958 |
| Total Liabilities and Net Assets / Fund Balance | $18,682,577 | $16,767,504 | ▼ $1,915,073 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $178,748 | $6,164 | $184,912 |
| Investment Program Related Org | $376,163 | - | - |
| Name | Title | Other | Total |
|---|---|---|---|
| Maria Green | Secretary | $148,353 | $148,353 |
| Kenneth Gieparda | Project Manager | $122,455 | $122,455 |
| William E Lennon | Project Manager | $110,950 | $110,950 |
| Name | Title |
|---|---|
| Todd Bateson | Chair |
| Sharon Malone | Immediate Past Chair |
| Martin Legault | President CEO |
| Douglas Henley | Vice Chair |
| Barbara Pilarcik Rn | Director |
| David Burnett | Director |
| Ed Jason | Director |
| Ellen Donnarumma | Director |
| Joan Ingersoll | Director |
| John Wostbrook | Director |
| Manuel Silva | Director |
| Marlene Thomas | Director |
| Tamara Brown | Director |
| David O Mckinley | Project Manager |
| Calvin Richardson | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,142,872 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Payments to Affiliates | $471,309 | - | - | $471,309 |
| Other Expenses | $303,798 | - | - | $303,798 |
| Depreciation Depletion | $284,785 | - | - | $284,785 |
| All Other Expenses | $231,631 | - | - | $231,631 |
| Fees for Services Management | $22,000 | - | - | $22,000 |
| Fees for Services Legal | - | $14,047 | - | $14,047 |
| Fees for Services Accounting | - | $11,551 | - | $11,551 |
| Total Functional Expenses | $4,117,274 | $25,598 | $0 | $4,142,872 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,142,872 |
| Total Expenses per Audited Statements | $4,142,872 |
| Total Expenses per Form 990 | $4,142,872 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Federal income taxes | $251,255 |
| Deposits Held in Trust | $120,917 |
| Replacement Reserve | $76,090 |
| Due to Affiliates | $1,184 |
| Sales and Use Tax Payable | - |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | 06-0806186 | 2011-06-09 | $12,020,000 | Finance building development |
“The form 990 is first reviewed by the management of cil community resources inc and then copy of the form 990 is emailed to the board members prior to the filing date.”
“The organization monitors all contracts and other businesd transactions as they are processed for approval on a continuous basis for any conflicts of interest with any officers, directors or key employees.”
“The president/ceos compensation is reviewed and documented annually by the executive committee of the board of directors and compensation adjustments are made with reference to independent comparability data. The other officers and key employees compensation is alsoreviewed and documented annually and comparability adjustments are made in the context of an overall salary schedule that is compared to comparability data at least every other year.”
“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”
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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| IRS990/Desc | 0 | WE COMPLETED THE DEVELOPMENT OF THE CONNECTICUT NONPROFIT OFFICE CENTER. OUR NON-RESIDENTIAL PORTFOLIO NOW CONSISTS OF 6 SITES THROUGHOUT CONNECTICUT WITH A TOTAL SQUARE FOORAGE OF MORE THAN 180,000 SQUARE FEET AND VALUED AT MORE THAN 16 MILLION DOLLARS. PERMANENT FINANCING HAS BEEN PROVIDED FOR MOST OF THESE PROPERTIES WITH BONDS ISSUED THROUGH CHEFA. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | PRESIDENT CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | IMMEDIATE PAST CHAIR |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | PROJECT MANAGER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | PROJECT MANAGER |
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| IRS990/GrossReceiptsAmt | 0 | 4192830 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 1327910 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 7723340 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 99853 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 4661 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 4661 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 9031268 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 15072647 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 18 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 6164 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 178748 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 184912 |
| IRS990/LegalDomicileStateCd | 0 | CT |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | true |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE MISSION OF CIL COMMUNITY RESOURCES INC IS TO DEVELOP, OWN, MANAGE AND ADMINISTER NON-RESIDENTIAL REAL ESTATE AND OTHER PROGRAMS AND RESOURCES EXCLUSIVELY IN SUPPORT OF AND FOR THE BENEFIT OF ANY NONPROFIT 501C 3 ORGANIZATION INCLUDING BUT NOT LIMITED TO THE CORPORATION FOR INDEPENDENT LIVING. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 6339642 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 6277910 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 543796 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 593754 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1327910 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 1327910 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | DEVELOPMENT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | REPLACEMENT RESERVE |
| IRS990/OtherExpensesGrp/Desc | 2 | RENTAL EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | INTEREST |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2044644 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 99069 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 660038 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 303798 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2044644 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 99069 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 660038 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 303798 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 93705 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 449446 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 932 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 932 |
| IRS990/OtherRevenueTotalAmt | 0 | 932 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt | 0 | 471309 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 471309 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PoliciesReferenceChaptersInd | 0 | true |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5839 |
| IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine1 | 0 | MARTIN LEGAULT |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 236000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531190 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SALES OF PROPERTIES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DIRECT FINANCING LEASE INTEREST |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2400000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 459327 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2400000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 459327 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 2747 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 572326 |
| IRS990/PYOtherRevenueAmt | 0 | 243310 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 759444 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 433175 |
| IRS990/PYTotalExpensesAmt | 0 | 572326 |
| IRS990/PYTotalRevenueAmt | 0 | 1005501 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 49958 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | true |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 1327910 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RevenueAmt | 0 | 4187237 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 4187237 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1002754 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 989112 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 814129 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 281057 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 7274289 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 7274289 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 4187237 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1002754 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 989112 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 814129 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 281057 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 7274289 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 4187237 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1002754 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 989112 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 814129 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 281057 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 7274289 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4142872 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 6588217 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 8108267 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 376163 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | NET INVESTMENT IN DIRECT FINANCING LEASES |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | PROPERTY UNDER OPERATING LEASE |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | DUE FROM AFFILIATES |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 3 | BOND ISSUANCE COSTS |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.