Public Charity

CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC

CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC, of ASHFORD, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $38.2M in revenue, $35.2M in expenses, $51.3M in total assets.

EIN: 831054554 ASHFORD, CT Housing Support NTEE: L80 Latest filing: 2025
Total Revenue$38.2M
Total Expenses$35.2M
Total Assets$51.3M
Grant Records0
Filing Years2021–2025

Mission

CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY, INC. ("CFSIC") HAS BEEN CHARTERED AND LICENSED AS A CAPTIVE INSURER TO ASSIST THE STATE OF CONNECTICUT WITH THE FAIR AND EQUITABLE ADJUSTMENT OF HOMEOWNER CLAIMS RESULTING FROM THE (CONTINUED ON SCHEDULE O) PYRRHOTITE-AFFECTED HOME FOUNDATIONS NATURAL DISASTER.CFSIC'S MISSION IS TO USE ITS AVAILABLE RESOURCES TO ADJUST AND PAY CLAIMS FOR THE REBUILDING OF AS MANY PYRRHOTITE-AFFECTED HOME FOUNDATIONS AS THOSE RESOURCES WILL PERMIT. USING OBJECTIVE AND RECOGNIZED PROPERTY CLAIM ADJUSTMENT STANDARDS, AND ACTING AT ALL TIMES WITH FAIRNESS AND COMPASSION, CFSIC IS COMMITTED TO THE EQUITABLE TREATMENT OF HOMEOWNERS SUFFERING FROM THIS NATURAL DISASTER.

Where $100 goes at Connecticut Foundation Solutions Indemnity Company Inc

How Connecticut Foundation Solutions Indemnity Company Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
To provide financial assistance to owners of residential buildings for the replacement of, or reimbursement of costs associated with the replacement of, concrete foundations of such buildings that…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT Bruce Kellogg
SECRETARY Daniel Keune
DIRECTOR Donald Poulin
DIRECTOR John Filchak
DIRECTOR John Rachek
TREASURER Mark Mcdonnell

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $38.2M $35.2M $51.3M
2024 $38.3M $37.0M $45.2M
2023 $26.1M $32.6M $34.9M
2022 $32.5M $25.7M $35.8M
2021 $30.7M $-407K $30.5M

Between 2021 and 2025, reported annual revenue grew from $30.7M to $38.2M (+24%), with total assets most recently reported at $51.3M.

Interactive year-over-year charts and full filing details available with membership.

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