CSI RESIDENTIAL INC

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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

2000

Legal Domicile

Principal Officer

LYNN RICCI

Phone

8602232761

Tax Period

2020-04-01 to 2021-03-31

CSI RESIDENTIAL INC, founded in 2000, is a micro nonprofit in the Housing & Shelter sector that reported $96K in total revenue in fiscal year 2020. Expenses of $126K exceeded revenue, resulting in a 32% operating deficit.

Mission

COMMUNITY HOUSING FOR THE DISABLED

Program Service Accomplishments

Program 1

Expenses: $69,540 Revenue: $95,513

AFFORDABLE HOUSING: THE CORPORATION IS ORGANIZED FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, IN PARTICULAR TO DEVELOP AND MANAGE ACCESSIBLE AND SUPPORTIVE HOUSING IN CONNECTICUT FOR PERSONS WITH CHRONIC PHYSICAL AND MEDICAL CONDITIONS WHICH WOULD ALLOW AN INDIVIDUAL TO LIVE AT THE HIGHEST LEVEL OF FUNCTION POSSIBLE. NINE INDIVIDUALS WITH DISABILITIES LIVE IN CORPORATE OWNED HOMES.

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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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $90,363

Investment Income $120

Other Revenue $5,030

TOTAL REVENUE $95,513

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,113

Fundraising Expenses $0

Program Expenses $69,540

Other Expenses $81,833

TOTAL EXPENSES $125,946

Year-over-Year Comparison

	2020	2019	Change
Revenue	$95,513	$100,361	0.0%
Expenses	$125,946	$127,921	0.0%
Net Income	$-30,433	$-27,560	+0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$1,856,955

Total Directors

$1,053,182

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth K Fumiatti RN	Board Member	0.10	Director	$0	$0	$0
JOHN C KING ESQ	Board Member	0.10	Director	$0	$0	$0
DIANE R CHACE ESQ	CHAIR	0.10	Officer Director	$0	$0	$0
Richard Feitel	Board Member	0.10	Director	$0	$0	$0
WILLIAM SCHUCH	BOARD MEMBER	0.10	Director	$0	$0	$0
BRIAM TEVNAN CPA	VICE CHAIR	0.10	Officer Director	$0	$0	$0
LYNN RICCI	PRESIDENT & CEO	0.00	Officer Director	$0	$34,816	$1,053,182
FELICIA DEDOMINICIS	SVP LEGAL AFFAIRS/CLO	0.00	Officer	$0	$30,604	$319,692
LAURIE A RUDMAN	SVP FINANCE, CFO & Treasurer	0.70	Officer	$6,191	$20,762	$372,742
CHRISTINE ULATOWSKI	ASSISTANT SECRETARY	0.00	Officer	$0	$18,193	$111,339

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
2021	$95,513	$125,946	$488,835	$-30,433
2020	$100,361	$127,921	$526,894	$-27,560
2019	$103,676	$129,964	$556,644	$-26,288