Partnership for Strong Communities

What it reported doing in 2024

Advancing housing affordability, creation, choice, and stability: the partnership drives change by engaging in policy design, advocacy, building broad coalitions, informing policy with research and data, and shaping public understanding through strategic communications and convenings. Working with partners, we advance systems and policies that create more equitable access to housing for everyone in Connecticut.goals: build public will & advance narrative change; advance housing advocacy & strengthen advocacy infrastructure; conduct and share actionable research.the partnership organizes educational events that increase the knowledge and broaden the base of those who care about housing. We produce an annual series of iforums and webinars that explore the connection between housing policy and various disciplines, including education, environmental quality, transportation, health care, food security, community development, and more. We host an annual Connecticut affordable housing conference where people can learn, share, and collaborate on solutions to expand housing access, equity, and justice in Connecticut. We partner with higher educational institutions as well as produce original research and aggregate research and reports to inform state policymakers, municipal officials, and broader community stakeholders. Our executives and policy and research staff speak at conferences across the state, region, and nation. The Connecticut affordable housing conference (cahc) is our annual opportunity to convene, collaborate, and drive meaningful change to improve and expand housing affordability, creation, choice, and stability across our state. The cahc is a multi-day conference offering a diverse array of sessions tailored to advocates, policymakers, housing and service providers, lenders and funders, and the public. Each year, we spotlight strategies and solutions that help advance the vision that everyone in Connecticut has a safe, stable, affordable home. Cahc content is free to all thanks to our generous sponsors.

Financial Efficiency

• Mission deployment rate: 98.1%; rating input score 98
• Program expense ratio: 67.3%; rating input score 67
• Fundraising efficiency: $4.62 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -48.3%; rating input score 3; 3rd percentile among comparable filings
• Total-asset coverage ratio: 2.59; rating input score 72; 72nd percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
• Officer compensation ratio: 10.4%; rating input score 36; 36th percentile among comparable filings

Growth

• Program expense growth: -4.3% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: 1.6% per year; rating input score 100; 22nd percentile among comparable filings
• Asset growth: 10.9% per year; rating input score 100; 62nd percentile among comparable filings