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Casa Calderon Inc

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

EIN: 592415825 ✦ Ocean springs, MS ✦ Designated as a 501(c)(3)

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Overview

What is Casa Calderon Inc?

Casa Calderon Inc is a nonprofit organization situated in Ocean Springs, Mississippi, with a postal address of PO Box 1530. Their primary mission is to provide housing for the elderly and disabled community. They accomplish this by operating a HUD-assisted apartment complex, regulated under Section 223(F) of the National Housing Act, and abiding by a use agreement with the U.S. Department of Housing & Urban Development. This commitment to assisting vulnerable populations enables these individuals to maintain a stable living situation, ensuring their well-being and independence.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Stars

Casa Calderon Inc has received a Three-Star rating from Charity Navigator, indicating a score of 79%. This rating reflects the organization's strong performance in accountability and finance, with all aspects evaluated contributing positively to its overall score. Notably, the organization boasts a fully independent board and demonstrates robust financial oversight practices, including an effective audit committee.

The financial metrics paint a favorable picture, especially with a program expense ratio of 92.80%, suggesting that a significant portion of funds is directed towards its programs. Moreover, Casa Calderon Inc has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, which contribute to its accountability framework.

However, the organization does face a limitation with a liabilities to assets ratio of 117.81%, indicating that its liabilities exceed its assets. This could pose potential financial challenges in the long term. Nonetheless, the charity's strengths in governance and program spending are commendable and demonstrate a commitment to transparency and effective service delivery.


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

Is Casa Calderon Inc legitimate?

Casa Calderon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa Calderon 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: $193,101

For more financial information, click here

What is the mission statement of Casa Calderon Inc?

Casa Calderon Inc is committed to providing housing for elderly and disabled individuals. They accomplish this by operating a HUD-assisted apartment community, regulated under Section 223(F) of the National Housing Act, and under a use agreement with the U.S. Department of Housing and Urban Development. This community aims to offer a secure living environment for those in need, ensuring they have access to suitable housing. Casa Calderon Inc's mission is centered around providing a home where these individuals can live with dignity and independence, enhancing their quality of life.

Who is the CEO of Casa Calderon Inc?

Fr Tim Holeda is the Director of Casa Calderon Inc.

What is the revenue of Casa Calderon Inc?

Casa Calderon Inc's revenue in 2023 was $1,100,403.

Who are the executives of Casa Calderon Inc and what are their salaries?


Here are 7 key members and their salaries:


Myra Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Tim Holeda (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Mccarron (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dasha Nixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Sheedy (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Woodyard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Casa Calderon Inc?

Casa Calderon Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Casa Calderon Inc

Casa Calderon Inc is committed to providing housing for elderly and disabled individuals. They accomplish this by operating a HUD-assisted apartment community, which is regulated under Section 223(F) of the National Housing Act and is under a use agreement with the U.S. Department of Housing & Urban Development. This housing community aims to offer a safe and comfortable living environment for those who may require additional support due to age or disability. By managing this apartment complex, Casa Calderon Inc is able to contribute to the well-being of these vulnerable individuals, ensuring they have a place to call home.

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Impact




July, 2024

Casa Calderon Inc's impact is centered around providing vital housing solutions for elderly and disabled individuals. By operating a HUD-assisted apartment community regulated under Section 223(f) of the National Housing Act and a use agreement with the U.S. Department of Housing and Urban Development, Casa Calderon Inc plays a crucial role in ensuring that vulnerable populations have access to safe and affordable housing options in the Ocean Springs area. Through their dedicated efforts, Casa Calderon Inc positively impacts the lives of many individuals by offering a supportive and caring living environment tailored to the specific needs of elderly and disabled residents.




This information is meant to be a general summary of Casa Calderon 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
$1,100,403 (2023)
Expenses
$1,170,250 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $328
  • Program Service Revenue: $1,100,075
  • Gross Receipts: $1,100,403

Assets and Liabilities:

  • Total Assets: $1,970,130
  • Total Liabilities: $2,321,126
  • Net Assets: -$350,996

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Programs

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

RENTAL REVENUE

Revenue

$1,100,075

Organization Details

Founding Year

1978

Principal Officer

Fr Tim Holeda

Main Address

PO BOX 1530, OCEAN SPRINGS, MS, 39564

NTEE Category

Code: L21Z - Housing

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