Overview
What is Connecticut Foundation Solutions Indemnity Company Inc?
Connecticut Foundation Solutions Indemnity Company Inc is a nonprofit organization based in Ashford, Connecticut, with the address 237 Hillside RD, ZIP code 06278. The company's mission is to financially assist homeowners of residential buildings with the replacement or reimbursement of costs associated with deteriorated concrete foundations caused by the presence of the mineral pyrrhotite. By providing structurally sound foundation replacements or reimbursements, CFSIC aims to help homeowners in the State of Connecticut who have been affected by this natural disaster. The organization is licensed as a captive insurer and is committed to using fair and recognized property claim adjustment standards while acting with compassion and fairness towards homeowners.
Official website here: www.crumblingfoundations.org
Is Connecticut Foundation Solutions Indemnity Company Inc legitimate?
Connecticut Foundation Solutions Indemnity Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Foundation Solutions Indemnity Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.crumblingfoundations.org
What is the mission statement of Connecticut Foundation Solutions Indemnity Company Inc?
Connecticut Foundation Solutions Indemnity Company Inc, or CFSIC, was established as a captive insurer with a mission to help the state of Connecticut manage the fair and equitable adjustment of homeowner claims arising from pyrrhotite-affected home foundations. This natural disaster has caused significant damage, and CFSIC's primary goal is to utilize its available resources to process and pay claims for the rebuilding of as many affected home foundations as possible. CFSIC prioritizes the application of recognized property claim adjustment standards to ensure objective assessments, and its commitment extends to treating homeowners with compassion throughout the process. In pursuit of equitable treatment, CFSIC remains dedicated to the fair adjustment and payment of claims.
Official website here: www.crumblingfoundations.org
What is the revenue of Connecticut Foundation Solutions Indemnity Company Inc?
Connecticut Foundation Solutions Indemnity Company Inc's revenue in 2022 was $32,520,363.
Official website here: www.crumblingfoundations.org
Who are the executives of Connecticut Foundation Solutions Indemnity Company Inc and what are their salaries?
- Bruce Kellogg (Vice President) [Trustee/Director]
- Daniel Keune (Secretary) [Trustee/Director]
- Lyle Wray (Vice President) [Trustee/Director]
- Steven Werbner (President) [Trustee/Director]
- Donald Poulin (Director)
- John Filchak (Director)
- John Racheck (Director)
- Mark Mcdonnell (Director)
- Scott Shanley (Director)
- Jason Mcmillan (Assistant Secretary)
- Michael Maglaras (Superintendent)
Official website here: www.crumblingfoundations.org
Where can I find the form 990 for Connecticut Foundation Solutions Indemnity Company Inc?
The Connecticut Foundation Solutions Indemnity Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.crumblingfoundations.org
Learn more at the official website: www.crumblingfoundations.org
Mission Statement of Connecticut Foundation Solutions Indemnity Company Inc
Connecticut Foundation Solutions Indemnity Company Inc, also known as CFSIC, is a specialized organization established with a mission to help the State of Connecticut in the fair and equitable resolution of homeowner claims affected by the natural disaster of pyrrhotite-affected home foundations. CFSIC's primary goal is to use its resources effectively to adjust and pay claims for the rebuilding of as many affected home foundations as possible. The company strives to uphold objective and recognized industry standards in claim adjustment, ensuring that homeowners receive equitable treatment during this challenging time. With a commitment to fairness and compassion, CFSIC aims to assist homeowners in overcoming the devastating impact of this natural disaster.
Impact
This information is meant to be a general summary of Connecticut Foundation Solutions Indemnity Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Connecticut Foundation Solutions Indemnity Company Inc, also known as CFSIC, plays a crucial role in assisting homeowners in Connecticut affected by the pyrrhotite-related home foundation disaster. By providing financial assistance for the replacement or reimbursement of deteriorated concrete foundations, CFSIC helps homeowners ensure their buildings have structurally sound foundations. This support is vital in helping homeowners recover from the impact of the natural disaster and rebuild their homes with peace of mind. Through their mission of fair and equitable adjustment of homeowner claims, CFSIC positively impacts the housing sector in Connecticut by enabling affected homeowners to address and rectify foundation issues caused by pyrrhotite.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2018
Phone
(877) 829-5500
Main Address
237 Hillside RD, Ashford, CT, 062782207
Website
www.crumblingfoundations.org
NTEE Category
Code: L80 - Housing
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