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Filing year 2023

CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC

Ashford, Connecticut·EIN 83-1054554·NTEE L80 · Housing & Shelter·501(c)(3)
Total revenue
$38.3M
Total assets
$45.2M
Total expenses
$37M
Reported officers
13
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.

Reported officers (all unpaid)

No paid executives reported in 2023. CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC reported 13 unpaid officers and board members on its 990.

President
Vice President
Secretary
Director
Vice President
Director
Director
Director
Director
Director
Assistant Secretary (09/30/23)
Assistant Secretary (11/09/23)
Superintendent
Financial trend

Revenue and expenses over time

CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$26.1M
$32.6M
2022
$38.3M
$37M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Connecticut

CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Connecticut earns a median of $97,395.

25th percentile
$32k
Median
$97,395
75th percentile
$160k
90th percentile
$204k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 98 organizations across 98 filings (2022 – 2024).

See full Housing & Shelter pay data for Connecticut
FAQ

Common questions about CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC

What are CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC's revenue and expenses?

In 2023, CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY COMPANY INC reported $38.3M in total revenue and $37M in total expenses on its IRS Form 990.

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