2020 A n n u a l R e p o r t 141 FRANKLIN STREET, STAMFORD, CT 06901 I (203) 388-0100 I INSPIRICACT.ORG ANNUAL REPORT 2020 2 OUR MISSION: TO BREAK THE from the CYCLE OF LETTER CHIEF EXECUTIVE OFFICER & CHAIRMAN OF THE BOARD HOMELESSNESS BY Dear Inspirica Friends, HELPING PEOPLE It is our fervent hope that you and your family remain well as We invested in upgraded technology and equipment for our we begin to return to a sense of normalcy in our community. school-aged children to access their classroom remotely ACHIEVE - AND This past year has presented unprecedented challenges for and for adults to stay connected to healthcare providers and so many of us due to the COVID-19 pandemic, particularly support services such as our virtual job training and MAINTAIN - our community’s most vulnerable. parenting programs. We also ensured PPE and healthy food was provided across all programs. Our youth center PERMANENT For over a century, Inspirica has cared for those in need. remained open safely providing educational and social Through a Depression, two World Wars, strife, conflict, enrichment. Finally, in partnership with Community Health natural disasters, and now a pandemic. And nothing has Center, we've provided on-site COVID-19 testing and HOUSING AND stopped us from our mission of helping individuals break the vaccinations. cycle of homelessness by achieving - and maintaining - STABILITY IN THEIR permanent housing and stability in their lives. We also stayed committed to our community. Our Harvest for Hope program distributed over 950 Thanksgiving LIVES. And we couldn’t do that without you - our individual dinners to our clients and those in need in lower Fairfield supporters, corporate and foundation partners, and all those County and our Holiday Wishes program provided 2,000 who donated their time, treasure, and talent during the past children with 4,000 toys, bringing smiles to those children year. Whether you provided a meal for our Women or Family during this holiday season. Shelters, donated items to help our clients, gave a gift to support our programs, or gave your time to beautify our Thank you for your commitment to the community’s most campus, thank you! vulnerable. Your benevolence makes a significant difference in the lives of those we care for. Through it all, Inspirica remained unwavering in our mission to provide families and individuals with the stability and In Service Together, essential support services they need to rebuild their lives. DENISE DURHAM WILLIAMS STEPHEN HOOVER Chief Executive Officer Chairman, Board of Directors Inspirica, Inc. Inspirica, Inc. 3 INSPIRICACT.ORG A YEAR of I M P A C T Inspirica operates 12 facilities and a full spectrum of housing and support services in Stamford. Through this powerful end-to-end platform, we are able to serve hundreds of adults and children each year who are homeless, housing insecure, or are at-risk of becoming homeless. 867 ADULTS AND CHILDREN SERVED ACROSS ALL PROGRAMS 94 61 JOB PLACEMENTS MADE HOUSING PLACEMENTS MADE MEALS PROVIDED BY 560 COMMUNITY VOLUNTEERS 100% 324 OF OUR CHILDREN GRADUATED HOUSED IN DEEPLY AFFORDABLE TO THE NEXT GRADE LEVEL AND PERMANENT HOUSING Results from January 1, 2020 - December 31, 2020 ANNUAL REPORT 2020 4 OUR WORK We are more than just a homeless shelter. Inspirica seeks to break the cycle of homelessness by providing the programs and services that help our clients achieve -- and maintain -- permanent housing and stability in their lives. Our impact is further expanded to our community, through our outreach programs and strategic partnerships with other like-minded local organizations. SUPPORTING INDIVIDUALS AND FAMILIES WITH HOUSING Emergency and Transitional Housing Family Housing Program & Women's Emergency Shelter Deeply Affordable Housing Summer Place, Franklin Apartments, and 24 & 26 Woodland Permanent Supportive Housing Atlantic Park Apartments, Colony, Gilead House, McKinney House, Metcalf House, & Rose Park Apartments PATHWAYS TOWARD STABILITY Case Management Career & Vocational Services Early Childhood & Parenting Program Children's Services Housing & Employment Retention Services COMMUNITY ENGAGEMENT Harvest for Hope serves over 900+ Thanksgiving meals to those in need Holiday Wishes provides gifts to 3,000 children during the holiday season Partnerships with Supportive Housing Works, Opening Doors of Fairfield County, Vita, and the City of Stamford Health Partnerships with Stamford Health, Community Health Center, and Optimus Health 5 INSPIRICACT.ORG FINANCIAL STATEMENT JULY 1, 2019 - JUNE 30, 2020 OPERATING INCOME Private philanthropy $ 2,388,838 Government grants $ 2,871,035 Rental income $ 1,698,471 Special events $ 237,765 In-kind contributions $ 617 Other income $ 485,280 TOTAL $ 7,682,006 OPERATING EXPENSE Program and property $ 6,835,380 General administration $ 306,609 Fundraising $ 416,039 TOTAL $ 7,558,028 OPERATING SURPLUS $ 123,978 TOTAL CONSOLIDATED SUMMARY OF FINANCIAL POSITION Total assets $ 37,282,020 Total liabilities $ 7,770,392 Total net assets $ 29,511,628 INSPIRICACT.ORG ANNUAL REPORT 2020 6 DONORS $100,000 and above Benjamin Geiger Lauren and Paul Ghaffari Gillian and David Brown Anonymous Gen Re Corporation Laura and Dean Godown Henry Bubel Anonymous Mary and Randall Hack Henry E. Niles Foundation Joyce and Curtis Carlson Building and Land Technology Lee Ann and Bruce D. Heller Hexcel Corporation Alberto Casellas James M. McKeon Sara and David Hunt Louise S. Hoffman Michelle Cassuto Legg Mason Charitable Foundation, Inc. William R. Knobloch Mary and Scott James Maureen Caviston and Michael B. Leventhal A. Rama Krishna Anne Low CClean Susan and Leonard Larrabee Rosemary and David Mace Christine and Nicholas Chivily $25,000 - $99,999 Leon N. Lapine Charitable Residuary Trust McKinsey & Company, Inc. Donna J. Christensen and Holt Smith Anonymous Lone Pine Foundation Brid and David Mortamais Meghan and Robert Cioffi Jane Carlin and Benjamin Gifford Louise B. Blackman Family Foundation Robert S. Morris Community Foundation of New Jersey Charter Communications, Inc. Catherine Lynch and Douglas R. Sharp Helen and Dana J. O'Brien Community Health Center, Inc. First County Bank Foundation, Inc. MAC AIDS Fund Parsons & Whittemore, Inc. Susan M. Davis-Gillis and Paul D. Gillis Garden Homes Fund - Charitable Trust Tami Murray Pitney Bowes, Inc. Susan and Michael de Milt Patricia and Robert Mendelsohn NatWest Markets Rotary Club of Stamford DeGrado Family Foundation Sue S. Mirza OdysseyRe Foundation David Rubin Robert DeVellis Liza and Chris Pohle People's United Community Foundation Ruthanne Ruzika Suzanne and Gregory Diddel Near and Far Aid Association, Inc. Richard D. Donochian Charitable Foundation, Inc. SpringWorks Therapeutics MaryRose Driscoll New Canaan Community Foundation River Trust St. John's Episcopal Church Mariann and Anders Ekernas Purdue Pharma, LP St. John's Community Foundation The Bowling Family Foundation Kathryn Emmet and David S. Golub State Street Global Advisors St. John's Protestant Episcopal Church, Stamford The Kaufmann Foundation Eversource Energy Synchrony Financial Steven & Alexandra Cohen Foundation The Melville Foundation Excello Tool Engineering and MFG The Community Fund of Darien The Congregational Church of New Canaan Webster Bank Fairfield County Bank The George J. & Jessica Harris Foundation The Daphne Seybolt Culpeper Memorial Foundation William Caspar Graustein Memorial Fund Fieldpoint Private Bank & Trust The Herbert and Nell Singer Foundation The Hilda and Preston Davis Foundation Xylem, Inc. Sandy M. Foster The Rudolph J. & Daphne A. Munzer Foundation The Inner City Foundation for Charity & Education Kathleen and Scott Gimpel The Tudor Foundation, Inc. The Pitney Bowes Foundation, Inc. $1,000 - $4,999 GE Foundation Kenneth G. Tropin The Ruth W. Brown Foundation Andrea and Lawrence Goldberg Joan and Ernest Trefz Nancy and Stephen Gramps W.R. Berkley Corporation Algonquin Advisors LLC Viking Construction, Inc. Eileen and Patrick Grasso Alliance All Trades, Inc. Wells Fargo Marion and Robert Green Jennifer Amdur $10,000 - $24,999 Greenwich Country Day School Lesley Apt and Douglas Dudfield Greenwich Reform Synagogue Anonymous Anne and Peter Ardery $5,000 - $9,999 Daniel Hecht Anonymous AXA XL Henry L. Kimelman Family Foundation Bank of America Charitable Foundation Melody and Claude Bernstein Elizabeth P. Ball Stephen J. Hoffman Bankwell Financial Group Adrienne and Mac A. Bradford Berkowitz and Hanna, LLC Cynthia and Ronald Holland Debby and Mark W. Blackman Broadway Cares Equity Fights AIDS Russell Berkowitz, Esq. Wendy Hoover Carlson Family Foundation Rebecca and Jeremy Budzian James D. Besaw Kelly Humiston ConnectiCare, Inc. Christ Church Greenwich Ann J. Bowling Eileen and Thomas Hynes Scott Davis Marilyn T. Clements Richard T. Bruce Mandeep Johar Fairfield County Community Foundation Dr. and Mrs. Philip and Suzy Gaynes Jean R. Bruder J.P. Morgan Chase Peri Freundlich and Paul Stevelman First Congregational Church of Darien Richard R. Cameron Virginia and Harry Keeshan Friends of Children, Inc. First Republic Bank Lynn and Christopher Bradley Carol A. Kelsey-Smith and Patrick A. Smith Danielle and Anthony Gaglio, Jr. Freepoint Commodities Deborah and Michael Brennan INSPIRICACT.ORG ANNUAL REPORT 2020 7 DONORS continued (continued) Ellen and Kyle Hublitz $1,000 - $4,999 Richard G. Schulze Willis Towers Watson Juanita T. James and Dudley N. Williams David Schwartz Lisa Wise John and Eileen Kennedy Randie S. Katz and Lawrence R. Cryer Second Congregational Church,