Cil Realty Inc
- Assets
- $187.2m
- Revenue
- $8.6m
- Investments
- $3.8m
- Employees
- 0
- Location
- Hartford, CT
- Founding
- 07/1986
- Data as of
- 06/2020
- EIN
- 04-3138563
Organization Overview
Cil Realty Inc is located in Hartford, CT. The organization was established in 1986. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.
For the year ending 06/2020, Cil Realty Inc generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $6.2m during the year ending 06/2020. While expenses have increased by 21.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE GROUP HOMES FOR PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FYE 6/30/20 CIL REALTY OF MASSACHUSETTS COMPLETED EIGHTEEN LICENSED COMMUNITY RESIDENCES FOR PERSONS WITH DISABILITIES AND HAD 34 ADDITIONAL RESIDENCES IN VARIOUS STAGES AT YEAR END.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Parry Chair | OfficerTrustee | 0.3 | $0 |
Maria Green Secretary/cfo/director | OfficerTrustee | 2.4 | $0 |
Kent Schwendy President/ceo/director | OfficerTrustee | 2.4 | $0 |
Sharon Malone Vice Chair | OfficerTrustee | 0.3 | $0 |
Barbara Pilarcik RN Interim Treasurer | OfficerTrustee | 0.3 | $0 |
Ed Jason Outgoing Treasurer | OfficerTrustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hillside Builders General Contractor | 6/29/20 | $1,780,382 |
Rgc Llc General Contractor | 6/29/20 | $2,528,098 |
Francis Vanaria General Contractor | 6/29/20 | $470,623 |
Abreu Construction General Contractor | 6/29/20 | $671,500 |
Whitney Street Home Builders Llc General Contractor | 6/29/20 | $760,973 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $38,097 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $164,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,595,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,191 |
| Fees for services: Accounting | $26,934 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $486 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,679,350 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $176,865 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,150,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,482,872 |
| Savings and temporary cash investments | $7,591,068 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,837,577 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,707,254 |
| Prepaid expenses and deferred charges | $3,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,765,072 |
| Investments—program-related | $126,433,147 |
| Intangible assets | $0 |
| Other assets | $22,132,953 |
| Total assets | $187,229,466 |
| Accounts payable and accrued expenses | $3,131,440 |
| Grants payable | $0 |
| Deferred revenue | $1,294,762 |
| Tax-exempt bond liabilities | $109,539,997 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $46,535,129 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,969,519 |
| Total liabilities | $164,470,847 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $22,758,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tgm Realty Corp 20 New York, NY | $426,571,511 | $21,537,949 |
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
121 W Chestnut Associates Inc Boston, MA | $87,927,359 | $7,153,735 |
Cil Realty Inc Hartford, CT | $187,229,466 | $8,595,532 |
Greater Boston Real Estate Board Boston, MA | $8,655,666 | $5,531,696 |
330 North Brand Inc Hartford, CT | $100,545,644 | $7,613,918 |
Realty Advisory Board On Labor Relations Incorporated New York, NY | $18,878,092 | $6,860,468 |
Massachusetts Association Of Realtors Inc Waltham, MA | $12,325,659 | $4,967,439 |
Ardeon Realty Corp New York, NY | $7,285,181 | $3,226,327 |
Np Parc Chateaux Inc Boston, MA | $91,942,368 | $7,384,992 |
Town Center Apartments Inc Boston, MA | $88,117,081 | $6,846,343 |
Hudson Gateway Association Of Realtors Inc White Plains, NY | $7,856,287 | $3,340,911 |