2023-11-15T14:22:43-08:00 2022-12-31 061209905 Maletta & Company 43 Enterprise Drive Bristol CT 06010 990 2022-01-01 453734329 CIFC 120 MAIN HOLDING CORP CIFC 2037439760 120 Main Street 4th Floor DANBURY CT 06810 Katherine Curran Board Chair 2023-11-15 true Katherine Curran 999009999 true MICHAEL A MALETTA CPA P00435529 8605826715 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Katherine Curran 120 Main Street 4th Floor DANBURY CT 06810 180007 false X N/A X 2011 CT TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM SAID PROPERTY AND THEN TURN THE ENTIRE AMOUNT OF INCOME, LESS EXPENSES, OVER TO CONNECTICUT INSTITUTE FOR COMMUNITIES, INC., AN ORGANIZATION RECOGNIZED AS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(A). 3 1 0 0 0 180000 180000 24 7 0 180024 180007 0 0 0 0 0 503349 413741 503349 413741 -323325 -233734 12849518 18356621 13864409 9234099 -1014891 9122522 TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM SAID PROPERTY AND THEN TURN THE ENTIRE AMOUNT OF INCOME, LESS EXPENSES, OVER TO CONNECTICUT INSTITUTE FOR COMMUNITIES, INC., AN ORGANIZATION RECOGNIZED AS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(A). false false 413741 180000 CIFC 120 MAIN HOLDING CORP IS ORGANIZED AS A 501(C)(2) NONPROFIT ORGANIZATION; ITS SOLE PURPOSE IS TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM SAID PROPERTY, AND TURN THE ENTIRE AMOUNT OF INCOME, LESS EXPENSES, OVER TO CONNECTICUT INSTITUTE FOR COMMUNITIES, INC. 413741 false false false false false false false false false true false false false true true true true false false false false false false false false false false false true false false false false false false false false false false false true false false true 2 0 true 0 false false false false false false false false X 3 1 false false false false false false false false false false false true false false false false false false CT X Liz Martucci 2037439760 120 Main Street 4th Floor DANBURY CT 06810 Katherine Curran Board Chair 1.00 54.00 X X 0 188722 6683 Holly Sekiguchi Asst. Secretary 1.00 54.00 X 0 98017 3865 James H Maloney President & CEO 1.00 22.50 X X 0 90194 0 Sabrina Ross Asst. Secretary 1.00 54.00 X 0 56299 12502 Dr Francis Muska PHD Treasurer 1.00 6.00 X X 0 0 0 433232 23050 0 false true false 0 0 Rental Income-NMTC Proper 531120 180000 180000 180000 7 7 0 0 0 0 0 0 0 0 180007 180000 7 0 0 0 0 0 0 0 0 0 0 0 3038 3038 8000 8000 0 0 0 0 0 892 892 0 0 16183 16183 0 0 0 60419 60419 0 256304 256304 0 CDE EXPENSE REIMBURSMENTS 51093 51093 ASSET MANAGEMENT FEE 17812 17812 0 413741 413741 0 0 10793 36120 0 0 0 0 0 94722 154299 0 0 19204031 1417909 12619239 17786122 0 0 0 0 124764 380080 12849518 18356621 61181 1898256 15000 13788228 6955771 380072 13864409 9234099 X -1014891 9122522 -1014891 9122522 12849518 18356621 X -233734 10371147 X false true X true false 867237 867237 18336794 1417909 16918885 17786122 lease liabilities 380072 380072 X 180007 180007 180007 413741 413741 413741 Part X : FIN48 Footnote CIFC 120 Main is a title holding nonprofit corporation exempt from federal income tax under provisions of the Internal Revenue Service Code, Section 501(c)(2) and follows the Accounting for Uncertainty in Income Taxes standard which requires CIFC 120 Main to report uncertain tax positions, related interest and penalties, and to adjust its unrecognized tax benefits and accrued interest and penalties accordingly. CIFC 120 Main determined that there were no material unrecognized tax benefits to report. false false false Katherine Curran Board Chair 188722 5700 983 195405 Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED BY MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. Form 990, Part VI, Section C, Line 19 APPLICABLE DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION AND ARE MADE AVAILABLE BASED ON CURRENT REGULATIONS. Form 990, Part XI, Line 9 capital contribution = $10371148 Form 990, Part XI, Line 9 rounding = -$1 Form 990, Part XI, #9 New Market Tax CreditsCIFC 120 Main is an affiliate of CIFC. During 2022 the New Market Tax Credit program unwound and the QLICI A, B, and C loans were assigned to Chase NMTC CIFC Investment Fund, LLC through the put/call agreement. CIFC acquired Chase NMTC CIFC Investment Fund, LLC and the B and C loans were extinguished resulting in a capital contribution from CIFC, net of unamortized financing fees, to CIFC 120 Main Holding Corp of $7,803,481.South AdditionAdditionally, CIFC managed and partially funded the construction of the South Addition to the 120 Main Street building resulting in another capital contribution from CIFC to CIFC 120 Main of $2,567,667. These total capital contributions total $10,371,148. CONNECTICUT INSTITUTE FOR COMMUNITIES I 120 MAIN STREET 4TH FLOOR DANBURY CT 06810 912187143 HUMAN SERVICES ORGANIZATION CT 501(C)(3) 7 N/A false CIFC YSF HOLDING CORP 120 MAIN STREET 4TH FLOOR DANBURY CT 06810 453121176 REAL ESTATE HOLDING CORP CT 501(C)(2) N/A false CIFC ELP HOLDING CORP 120 MAIN STREET 4TH FLOOR DANBURY CT 06810 463797389 REAL ESTATE HOLDING CORP CT 501(C)(2) N/A false CIFC EHB HOLDING CORP 120 MAIN STREET 4TH FLOOR DANBURY CT 06810 823584856 REAL ESTATE HOLDING CORP CT 501(C)(2) N/A false Connecticut Institute Foundation Inc 120 Main Street 4th Floor Danbury CT 06810 833960130 Charitable Organization CT 501(c)(3) 7 N/A false CIFC SA Holding Corp 120 Main Street 4th Floor Danbury CT 06810 833988719 real estate holding corp CT 501(c)(2) N/A false false false true false true false false false false true false false false false false false false false false