Habitat for Humanity of Coastal Fairfield County Inc
Nonprofit profile at a glance
- EIN
- 222597077
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Stratford, CT, USA
- Phone
- 2033332642
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $6,384,353
- Expenses
- $6,950,039
- Assets
- $21,597,688
- Liabilities
- $8,442,309
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- CAROLYN VERMONT (CEO)
Highest reported compensation
- KEVIN MOORE (COO): $136,565 total reported compensation
- VALENCIA GOODRIDGE (DIRECTOR OF FAMILY SERVICES): $124,808 total reported compensation
- RICHARD DESAUTELS (RESTORE MANAGER): $115,560 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Habitat for humanity of coastal fairfield county seeks to build community and to improve lives by partnering with low-income families, community volunteers and donors to build and sell simple, safe and affordable homes in stable and welcoming neighborhoods.
What it reported doing in 2025
Habitat for humanity of coastal fairfield county (hfhcfc) is the local affiliate of habitat for humanity international and serves coastal fairfield county. It is an autonomous 501(c)(3) nonprofit organization. It is governed locally, raises funds locally and builds locally.habitat's programs create simple, decent, safe and affordable homes for ownership by low-income families. Partner families qualify by showing a demonstrated need for improved housing, a willingness to partner with habitat (by committing to 200-500 hours of "sweat equity" helping to build their own homes, the homes of other habitat partner families, or working in the restore), and the ability to repay an affordable interest-free mortgage.hfhcfc provides extensive pre and post-sale social and support services to its homeowners. With our help, habitat homeowners achieve the strength, stability and independence they need to build a better future for themselves and their families. Habitat for humanity was founded on the conviction that every man, woman and child should have a simple, durable place to live in dignity and safety, and that decent shelter in decent communities should be a matter of conscience and action for all.
Operating model
- Revenue model
- Earned-program. 64% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 87
- Accountability: 91
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.4%; rating input score 92
- Program expense ratio: 84.7%; rating input score 85
- Fundraising efficiency: $5.22 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.9%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 3.11; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 92.4% of revenue deployed · 84.7% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $5.9M in reported program spending
- Leadership: top reported pay $137K · 20 people listed
- Highest-paid contractors: 2 contractors listed · $457K reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 16/100.
- High — Sustainability: Operating margin scored 11/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.