Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $53,425

• 1e · Government grants (contributions)

  $276,519

• 1f · All other contributions, gifts and grants

  $1,098

• 2a · Program service revenue: DEVELOPMENT FEES

  total $1,048,749 · related or exempt $1,048,749

• 2b · Program service revenue: ASSET MANAGEMENT FEE

  total $149,160 · related or exempt $149,160

• 2c · Program service revenue: CONSULTING FEES

  total $148,441 · related or exempt $148,441

• 6a · Gross rents

  real property $26,222

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $26,222

• 6d · Net rental income or loss

  total $26,222 · related or exempt $26,222

• 8a · Fundraising events: gross income

  $0

• 8a · Fundraising events: contributions included on line 1c

  $53,425

• 8b · Fundraising events: direct expenses

  $26,265

• 8c · Net income from fundraising events

  total -$26,265 · excluded -$26,265

• 11a · Other revenue: GAIN ON CANCELLATION O

  total $286,304 · related or exempt $286,304

• 11d · All other revenue

  total $8,718 · related or exempt $8,718

• 11e · Other revenue, total

  $295,022

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $876,133 · program services $587,010 · management and general $289,123

• 6 · Compensation of disqualified persons

  total $43,896 · program services $29,410 · management and general $14,486

• 7 · Other salaries and wages

  total $1,389,738 · program services $931,124 · management and general $458,614

• 8 · Pension plan contributions

  total $195,523 · program services $131,000 · management and general $64,523

• 9 · Other employee benefits

  total $272,098 · program services $182,306 · management and general $89,792

• 10 · Payroll taxes

  total $156,814 · program services $105,065 · management and general $51,749

• 11a · Fees: management

  total $36,063 · management and general $36,063

• 11b · Fees: legal

  total $46,391 · management and general $46,391

• 11c · Fees: accounting

  total $126,923 · management and general $126,923

• 11g · Fees: other

  total $14,815 · management and general $14,815

• 12 · Advertising and promotion

  total $105,462 · program services $105,462

• 13 · Office expenses

  total $231,791 · management and general $231,791

• 14 · Information technology

  total $80,224 · management and general $80,224

• 16 · Occupancy

  total $410,354 · program services $275,854 · management and general $134,500

• 17 · Travel

  total $89,856 · management and general $89,856

• 19 · Conferences, conventions and meetings

  total $52,642 · management and general $52,642

• 20 · Interest

  total $57,732 · program services $57,732

• 23 · Insurance

  total $63,758 · program services $7,975 · management and general $55,783

• 24a · Other expenses: DEVELOPMENT COSTS

  total $1,520 · program services $1,520

• 24e · All other expenses

  total $8,842 · management and general $8,842

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $674,527 · end of year $1,270,206

• 4 · Accounts receivable

  beginning of year $200,299 · end of year $192,212

• 7 · Other notes and loans receivable

  beginning of year $5,450,000 · end of year $5,450,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $18,271 · end of year $5,906

• 10a · Land, buildings and equipment: cost or other basis

  $87,684

• 10b · Land, buildings and equipment: accumulated depreciation

  $87,684

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $215,129 · end of year $215,129

• 15 · Other assets

  beginning of year $15,642,217 · end of year $17,221,920

• 17 · Accounts payable and accrued expenses

  beginning of year $396,342 · end of year $422,616

• 19 · Deferred revenue

  beginning of year $573,633 · end of year $407,313

• 23 · Secured mortgages and notes payable

  beginning of year $1,990,000 · end of year $500,000

• 25 · Other liabilities

  beginning of year $42,684,279 · end of year $48,757,459

• 27 · Net assets without donor restrictions

  beginning of year -$23,443,811 · end of year -$25,732,015

The filer's explanations (Part III)

PART I, LINE 7

CIL PROVIDED AN INCENTIVE PAYMENT TO THE CEO/PRESIDENT DURING THE YEAR. THE INCENTIVE COMPENSATION WAS DETERMINED BASED ON CORPORATE PERFORMANCE IN RELATION TO CORPORATE GOALS, WHICH ARE SET ANNUALLY AND IDENTIFY REQUIREMENTS TO RECEIVE INCENTIVE COMPENSATION IN THE FISCAL YEAR. THE PRESIDENT/CEO'S BASE COMPENSATION AND INCENTIVE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. OTHER EMPLOYEES' COMPENSATION ARE DETERMINED BY MANAGEMENT.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• 70 POP LLC

  UNRELATED · OWNERSHIP AND OPERATION OF A PROPERTY IN HARTFORD, CT. · CT

  Directly controlled by CIL-CAPEWELL INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CIL-CAPEWELL INC

  C · OWNERSHIP AND OPERATION OF A PROPERTY LOCATED IN HARTFORD, CT. · CT · 100% owned · share of income -$599,826 · share of assets $16,350,434 · controlled entity

  Directly controlled by CORPORATION FOR INDEPENDENT LIVING

• COMMUNITY INNOVATION LAB INC

  C · FOR PROFIT DEVELOPMENT · CT · 100% owned · share of income $95 · share of assets $534 · controlled entity

  Directly controlled by CORPORATION FOR INDEPENDENT LIVING