PARTNERSHIP FOR STRONG COMMUNITIES

EIN: 200882009 501(c)(3) Housing & Shelter

HARTFORD, CT

Total Revenue
$1,717,536
Total Expenses
$1,078,212
Total Assets
$2,441,805
Net Assets
$2,415,484
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CT
Principal Officer
CHELSEA ROSS
Phone
8602440066
Tax Period
2022-07-01 to 2023-06-30

PARTNERSHIP FOR STRONG COMMUNITIES, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $639K, a strong 37% operating margin.

Mission

PROMOTES EQUITABLE CHANGE IN CT HOUSING POLICY BY COORDINATING ADVOCACY, ADVANCING RESEARCH, AND UNITING DIVERSE PARTNERS.

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,683,054
Program Service Revenue $0
Investment Income $26,097
Other Revenue $8,385
TOTAL REVENUE $1,717,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $708,402
Fundraising Expenses $134,859
Program Expenses $651,688
Other Expenses $369,810
TOTAL EXPENSES $1,078,212

Year-over-Year Comparison

2022 2021 Change
Revenue $1,717,536 $1,488,972 +0.2%
Expenses $1,078,212 $1,352,895 -0.2%
Net Income $639,324 $136,077 +3.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
N/A

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
5
$246,833
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CALVIN PRICE CHAIR 2.00
Officer Director
$0 $0 $0
KEVIN B SULLIVAN TREASURER 2.00
Officer Director
$0 $0 $0
RANDAL DAVIS SECRETARY 2.00
Officer Director
$0 $0 $0
TERENCE FLOYD BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE HERNANDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK E MCCABE BOARD MEMBER 1.00
Director
$0 $0 $0
HOWARD RIFKIN BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
CHELSEA MARIE ROSS EXEC. DIRECTOR - FROM MARCH 2023 40.00
Officer
$112,759 $3,769 $116,528
KILEY GOSSELIN EXEC. DIRECTOR - THROUGH FEB 2023 40.00
Officer
$123,950 $6,355 $130,305
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,717,536 $1,078,212 $2,441,805 $639,324
2022 $1,488,972 $1,352,895 $1,718,876 $136,077
2021 $2,064,161 $1,598,354 $1,890,234 $465,807
2020 $1,169,403 $1,483,736 $1,346,102 $-314,333
2019 $1,396,641 $1,415,975 $1,487,772 $-19,334
2018 $1,421,132 $1,451,137 $1,522,630 $-30,005
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