ST VINCENT DE PAUL PLACE NORWICH INC

EIN: 371639042 501(c)(3)

NORWICH, CT

Total Revenue
$3,910,189
Total Expenses
$3,424,634
Total Assets
$2,974,288
Net Assets
$2,932,751
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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
1989
Legal Domicile
CT
Principal Officer
JILLIAN CORBIN
Phone
8608897374
Tax Period
2023-07-01 to 2024-06-30

ST VINCENT DE PAUL PLACE NORWICH INC, founded in 1989, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $3.4M left a modest 12% surplus.

Mission

PROVIDE MEALS, FOOD PANTRY AND HOSPITALITY TO THE POOR OF THE GREATER NORWICH AND EASTERN CT AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,886,682
Program Service Revenue $0
Investment Income $23,507
Other Revenue $0
TOTAL REVENUE $3,910,189

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,342,766
Other Expenses $3,424,634
TOTAL EXPENSES $3,424,634

Year-over-Year Comparison

2023 2022 Change
Revenue $3,910,189 $3,491,515 +0.1%
Expenses $3,424,634 $2,835,705 +0.2%
Net Income $485,555 $655,810 -0.3%
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
17
Independent Members
17
Employees
N/A
Volunteers
200

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
3
$98,720
Total Directors
17
$98,720
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILLIAN CORBIN TREASURER 40.00
Officer Director
$0 $20,228 $98,720
CHRISTEN BREWER DIRECTOR 2.00
Director
$0 $0 $0
ROBERT CASEY DIRECTOR 2.00
Director
$0 $0 $0
DOROTHY CONGRESS DIRECTOR 2.00
Director
$0 $0 $0
BISHOP MICHAEL COTE PRESIDENT AN 2.00
Officer Director
$0 $0 $0
MANDY LYN CRISPIM DIRECTOR 2.00
Director
$0 $0 $0
THERESA DONATELLI DIRECTOR 2.00
Director
$0 $0 $0
SHIELA HAYES DIRECTOR 2.00
Director
$0 $0 $0
DEBEREY HINCHEY DIRECTOR 2.00
Director
$0 $0 $0
DAVID HOLLAND DIRECTOR 2.00
Director
$0 $0 $0
MSGR LESZEK JANIK VICE PRESIDE 2.00
Officer Director
$0 $0 $0
TIM KENYON DIRECTOR 2.00
Director
$0 $0 $0
DAN KING DIRECTOR 2.00
Director
$0 $0 $0
ATTY FRANK MANFREDI DIRECTOR 2.00
Director
$0 $0 $0
FR BRIAN ROMANOSKI DIRECTOR 2.00
Director
$0 $0 $0
CELIA SIEFERT DIRECTOR 2.00
Director
$0 $0 $0
PAT VARHOLY DIRECTOR 2.00
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 No data No data No data No data
2024 $3,910,189 $3,424,634 $2,974,288 $485,555
2023 $3,491,515 $2,835,705 $2,451,799 $655,810
2022 $2,377,323 $2,200,232 $1,795,331 $177,091
2021 $2,198,631 $1,632,046 $1,637,562 $566,585
2020 $1,976,618 $1,350,730 $1,063,270 $625,888
2019 $1,389,284 $1,300,455 $416,890 $88,829
2018 $1,191,446 $1,194,401 $316,338 $-2,955
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