Catholic Charities Housing Sarasota Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202901940 ✦ Venice, FL ✦ Designated as a 501(c)(3)

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Overview

What is Catholic Charities Housing Sarasota Inc?

Catholic Charities Housing Sarasota Inc. is a nonprofit organization established in Florida in December 2004. The primary mission of this organization is to provide affordable housing for low-income individuals and families. They operate two housing facilities, St. Dominic Manor and St. Monica Residence, both located in Sarasota, Florida. These residences offer a total of 26 rental units, serving as a vital resource for those in need. Catholic Charities Housing Sarasota Inc. operates under a Nonprofit Developer Agreement and Community Development Block Grant, ensuring their work aligns with the broader community development objectives.


Official website here: www.catholiccharitiesdov.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)

Catholic Charities Housing Sarasota Inc has received an 82% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from their Accountability & Finance metrics, which reflects a strong commitment to ethical management and transparency.

The organization demonstrates exceptional governance practices, with a fully independent board composed of six members, and they have no history of material asset diversion. Their thorough policies on conflict of interest, whistleblowing, and document retention further reinforce their commitment to maintaining high operational standards. Additionally, their program expense ratio of 76.11% shows that a significant portion of their funds directly supports their mission-related activities.

However, while the organization performs well in these areas, there is limited information regarding the overall impact and effectiveness of their programs available in the data. It would be beneficial for potential donors and community members to seek additional insights into their program outcomes to better understand the comprehensive value provided by Catholic Charities Housing Sarasota Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Catholic Charities Housing Sarasota Inc legitimate?

Catholic Charities Housing Sarasota Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Charities Housing Sarasota 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,410

For more financial information, click here


Official website here: www.catholiccharitiesdov.org

What is the mission statement of Catholic Charities Housing Sarasota Inc?

Catholic Charities Housing Sarasota Inc was established as a not-for-profit organization in December 2004, with the primary objective of providing affordable workforce housing. The organization operates two properties, St. Dominic Manor and St. Monica Residence, both situated in Sarasota, Florida. These properties offer housing opportunities to low-income individuals and families, adhering to the Nonprofit Developer Agreement and Community Development Block Grant guidelines. The mission of Catholic Charities Housing Sarasota Inc is to contribute to the community by providing affordable housing solutions, thereby addressing the housing needs of a significant segment of the population.


Official website here: www.catholiccharitiesdov.org

Who is the CEO of Catholic Charities Housing Sarasota Inc?

Edwuardo Gloria is the Principal Officer of Catholic Charities Housing Sarasota Inc.


Official website here: www.catholiccharitiesdov.org

What is the revenue of Catholic Charities Housing Sarasota Inc?

Catholic Charities Housing Sarasota Inc's revenue in 2022 was $199,829.


Official website here: www.catholiccharitiesdov.org

Who are the executives of Catholic Charities Housing Sarasota Inc and what are their salaries?

There 5 volunteers at Catholic Charities Housing Sarasota Inc.


Here are 6 key members and their salaries:


Eduardo Gloria (President)
  • Compensation: $0
  • Related: $126,038
  • Other: $19,426
Richard Maier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Volodymyr Smeryk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Most Rev Frank J Dewane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rego (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philmena Pereira (Former President)
  • Compensation: $0
  • Related: $107,211
  • Other: $21,004


Official website here: www.catholiccharitiesdov.org

Where can I find the form 990 for Catholic Charities Housing Sarasota Inc?

Catholic Charities Housing Sarasota Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.catholiccharitiesdov.org

Learn more at the official website: www.catholiccharitiesdov.org

Mission Statement of Catholic Charities Housing Sarasota Inc

Catholic Charities Housing Sarasota, Inc. was established as a not-for-profit organization with a mission to provide affordable housing for low-income individuals and families. The organization operates two properties, St. Dominic Manor and St. Monica Residence, both located in Sarasota, Florida. These properties, operated under the Nonprofit Developer Agreement Community Development Block Grant, offer 12 and 14 rental units respectively, catering to the housing needs of those in financial need. By providing such workforce housing, Catholic Charities Housing Sarasota, Inc. contributes to the community by ensuring that a diverse range of individuals have access to suitable living arrangements.

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Impact




October, 2024

Catholic Charities Housing Sarasota Inc. significantly impacts the community by providing affordable housing options for low-income individuals and families in Sarasota, Florida. Through its two main housing facilities, St. Dominic Manor and St. Monica Residence, it offers a total of 26 rental units designed to meet the needs of the workforce population. This initiative not only alleviates housing insecurity but also fosters stability and independence for residents, allowing them to thrive in a supportive environment. By maintaining affordable rental rates and ensuring compliance with community development standards, it plays a crucial role in enhancing the quality of life for those it serves, contributing to the overall well-being of the Sarasota community.




This information is meant to be a general summary of Catholic Charities Housing Sarasota Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$199,829 (2022)
Expenses
$288,786 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30
  • Program Service Revenue: $156,394
  • Gross Receipts: $199,829

Assets and Liabilities:

  • Total Assets: $2,690,329
  • Total Liabilities: $3,274,083
  • Net Assets: -$583,754

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$156,394

Organization Details

Founding Year

2005

Principal Officer

Edwuardo Gloria

Main Address

1000 PINEBROOK ROAD, VENICE, FL, 342856426

NTEE Category

Code: L21 - Housing

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