Overview
What is Cathedral Cloisters Inc?
Cathedral Cloisters Inc, located in Orlando, Florida, is a nonprofit organization that specializes in providing affordable housing for elderly and handicapped individuals. They accomplish this mission by participating in two federal programs: the Section 202 Direct Loan Program and the Section 8 Low Income Housing Assistance Program. By doing so, Cathedral Cloisters Inc contributes to ensuring these vulnerable groups have access to suitable living spaces, promoting their overall well-being and quality of life.
Is Cathedral Cloisters Inc legitimate?
Cathedral Cloisters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cathedral Cloisters 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: $228,918
For more financial information, click here
What is the mission statement of Cathedral Cloisters Inc?
Cathedral Cloisters Inc is committed to fulfilling its mission by providing low-income housing opportunities for the elderly population. They accomplish this through their participation in two government-funded programs: the Section 202 Direct Loan Program and the Section 8 Low Income Housing Assistance Program. By operating a low-income housing project, this organization aims to accommodate elderly and handicapped individuals who require affordable living arrangements. Their primary objective is to contribute positively to the well-being of these vulnerable individuals, ensuring they can live with dignity and security.
Who is the CEO of Cathedral Cloisters Inc?
Austin Caruso is the Vice Preside of Cathedral Cloisters Inc.
What is the revenue of Cathedral Cloisters Inc?
Cathedral Cloisters Inc's revenue in 2023 was $1,396,127.
Who are the executives of Cathedral Cloisters Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cathedral Cloisters Inc?
Cathedral Cloisters Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cathedral Cloisters Inc
Cathedral Cloisters Inc is dedicated to providing low-income housing for the elderly and individuals with disabilities. They achieve this mission through their participation in two key government programs: the Section 202 Direct Loan Program and the Section 8 Low Income Housing Assistance Program. By operating a low-income housing project, Cathedral Cloisters Inc offers a safe and comfortable living environment for these vulnerable individuals, providing them with the essential support they need to maintain their independence and quality of life. The organization's commitment to this mission is a testament to its dedication to ensuring the well-being of elderly and disabled individuals, providing them with a secure and nurturing living environment.
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Impact
October, 2024
Cathedral Cloisters Inc significantly impacts the community by providing affordable housing options for low-income elderly individuals and those with disabilities. By participating in the Section 202 Direct Loan Program and the Section 8 Housing Assistance Program, it ensures that vulnerable populations in Orlando, FL, have access to safe and supportive living environments. This initiative not only addresses the critical need for accessible housing but also enhances the quality of life for residents by fostering a sense of community and belonging. Through its dedicated efforts, Cathedral Cloisters Inc plays a vital role in promoting dignity and stability for seniors in the region.
This information is meant to be a general summary of Cathedral Cloisters 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 2023.
- Investment Income: $3,364
- Program Service Revenue: $1,392,763
- Gross Receipts: $1,396,127
Assets and Liabilities:
- Total Assets: $5,240,235
- Total Liabilities: $5,680,128
- Net Assets: -$439,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$1,055,184
APARTMENT RENT
Revenue
$275,314
ROOFTOP LEASE
Revenue
$53,437
LAUNDRY & VENDING
Revenue
$6,347
OTHER
Revenue
$2,481
Organization Details
Founding Year
1983
Phone
(205) 933-1020Principal Officer
Austin Caruso
Main Address
757 S ORANGE AVENUE, ORLANDO, FL, 32801
NTEE Category
Code: L21Z - Housing
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