Overview
What is St Catherine Residence Inc?
St. Catherine Residence Inc is a nonprofit organization situated in Denver, Colorado, offering safe, affordable, and supportive housing to women with limited income. The organization caters to a diverse group of women, providing housing options for over 250 individuals. Among its programs, St. Catherine Residence Inc has The Right Start/Independent Living Program, which supports young, unwed mothers, and The Next Step Program, designed for homeless women with disabilities. The organization's mission is to empower these women, enabling them to maximize their personal growth and employment opportunities. Despite the sale of the underlying property in 2021, St. Catherine Residence Inc is currently in the process of winding down its operations.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
St. Catherine Residence Inc has received a Three-Star rating from Charity Navigator, with an overall score of 77%. This score is based solely on the Accountability & Finance beacon, indicating a strong emphasis on financial management and transparency. The organization has demonstrated a solid performance in areas such as asset management and policy implementation, reflecting its commitment to ethical practices.
The charity scored perfectly in several key areas, including the absence of material diversion of assets, the presence of a conflict of interest policy, and effective whistleblower and document retention policies. Additionally, its program expense ratio is notably high at 98.90%, which suggests that a significant portion of its funds is directed towards its mission-related programs rather than administrative costs.
However, the rating does not provide insights into other important factors such as program effectiveness or community impact, which could offer a more comprehensive view of the organization's overall performance. While the financial accountability is commendable, potential donors may seek further information on the outcomes of St. Catherine Residence Inc's initiatives before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is St Catherine Residence Inc legitimate?
St Catherine Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Catherine Residence 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: $0
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of St Catherine Residence Inc?
St. Catherine Residence Inc's mission is to provide safe, affordable, and supportive housing for women with limited income, who possess diverse talents and aspirations for personal growth and employment opportunities. The organization operates a housing complex that ensures secure and affordable living for over 250 women, offering various support services. This includes the Right Start/Independent Living Program for young, unwed mothers and the Next Step Program, specifically designed for homeless women with disabilities. Despite selling its underlying property in 2021, St. Catherine Residence Inc is currently in the process of winding down its operations.
Official website here: www.mercyhousing.org
Who is the CEO of St Catherine Residence Inc?
Mark Angelini is the President/Director of St Catherine Residence Inc.
Official website here: www.mercyhousing.org
What is the revenue of St Catherine Residence Inc?
St Catherine Residence Inc's revenue in 2022 was $64,681.
Official website here: www.mercyhousing.org
Who are the executives of St Catherine Residence Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $162,243
- Other: $9,934
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $239,519
- Other: $10,391
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $175,251
- Other: $26,819
- Compensation: $0
- Related: $228,009
- Other: $33,552
Official website here: www.mercyhousing.org
Where can I find the form 990 for St Catherine Residence Inc?
St Catherine Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of St Catherine Residence Inc
St. Catherine Residence Inc is committed to providing safe, affordable, and supportive housing to women with limited income. These women possess diverse talents and aspirations, seeking to maximize their personal growth and employment opportunities. The organization manages and directs a housing complex that ensures the aforementioned housing needs are met. The support provided by St. Catherine Residence Inc extends beyond basic housing, encompassing programs such as The Right Start/Independent Living Program, which supports young and unwed mothers, and The Next Step Program, specifically designed to aid homeless women with disabilities. Despite selling its underlying property in 2021, St. Catherine Residence Inc is in the process of winding down its operations, continuing to provide housing and support services to over 250 women, ensuring they have a safe and nurturing environment to begin anew.
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Impact
August, 2024
St Catherine Residence Inc has had a significant impact on the lives of over 250 women by providing safe, affordable, and supportive housing. The organization's programs, such as the Right Start/Independent Living Program and the Next Step Program, have supported young and unwed mothers as well as women experiencing homelessness and disabilities. By offering a stable environment and resources for personal growth and employment opportunities, St Catherine Residence Inc has empowered women with diverse talents and needs to thrive and build a better future.
This information is meant to be a general summary of St Catherine Residence 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$18,808
- Program Service Revenue: $83,489
- Gross Receipts: $83,489
Assets and Liabilities:
- Total Assets: $2,171,314
- Total Liabilities: $880
- Net Assets: $2,170,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INTEREST
Revenue
$77,274
OTHER REVENUE
Revenue
$6,215
Organization Details
Founding Year
1986
Phone
(303) 830-3300Principal Officer
Mark Angelini
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: P450 - Human services
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