CONTINUUM SUPPORTIVE HOUSING OF WE… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

JAMES G FARRALES

Phone

2035622264

Tax Period

2024-07-01 to 2025-06-30

CONTINUUM SUPPORTIVE HOUSING OF WETHERSFIELD INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $173K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $149K left a modest 14% surplus.

Mission

THE ORGANIZATION PROVIDES ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.

Program Service Accomplishments

Program 1

Expenses: $121,057 Revenue: $25,104

HOUSING FOR INDIVIDUALS REQUIRING SUPPORT INCLUDING CASE MANAGEMENT FOR THOSE STRUGGLING WITH MENTAL ILLNESS AND INTELLECTUAL DEVELOPMENTAL CONCERNS. SERVICES ARE PROVIDED BY A RELATED ORGANIZATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $147,472

Program Service Revenue $25,104

Investment Income $219

Other Revenue $0

TOTAL REVENUE $172,795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,719

Fundraising Expenses $0

Program Expenses $121,057

Other Expenses $130,505

TOTAL EXPENSES $149,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,795	$104,209	+0.7%
Expenses	$149,224	$153,466	0.0%
Net Income	$23,571	$-49,257	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$750,681

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTI L WALKER	PRESIDENT & CEO (UNTIL 7/2/24)	1.00		$0	$31,306	$975,081
JAMES FARRALES	PRESIDENT & CEO	2.00	Officer	$0	$60,704	$335,711
ANGELA WESTWOOD	CFO	2.00	Officer	$0	$6,921	$214,653
GRETCHEN RICHARDSON	VP PROGRAM DEVELOPMENT	2.00	Officer	$0	$47	$200,317
MAUREEN WEAVER	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JAMES N RASCATI	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
KATHARINE S GOODBODY	SECRETARY (AS OF 01/25)	1.00	Officer Director	$0	$0	$0
MARK SEVILLA	SECRETARY (UNTIL 01/25)	1.00	Officer Director	$0	$0	$0
DAMION X COGLE CPA	TREASURER	1.00	Director	$0	$0	$0
JAY BROTMAN AIA	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA ELLINGHAUS	DIRECTOR	1.00	Director	$0	$0	$0
KRYSTAL FINCH DSW LCSW	DIRECTOR	1.00	Director	$0	$0	$0
CAPTAIN MICHAEL FUMIATTI	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN M GRAHAM BS MSN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HATCH	DIRECTOR	1.00	Director	$0	$0	$0
KOURTNEY KOSLOSKY MD	DIRECTOR	1.00	Director	$0	$0	$0
TOBIAS WASSER MD	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$172,795	$149,224	$399,640	$23,571
2024	$104,209	$153,466	$381,220	$-49,257
2023	$82,843	$126,423	$395,817	$-43,580
2022	$82,959	$124,963	$379,939	$-42,004
2021	$81,544	$116,232	$389,528	$-34,688
2020	$83,376	$110,098	$435,399	$-26,722
2019	$92,775	$115,496	$441,934	$-22,721
2018	$89,881	$125,057	$418,631	$-35,176

CONTINUUM SUPPORTIVE HOUSING OF WETHERSFIELD INC