Overview
What is Catholic Charities Housing Association Of Biloxi Inc?
Catholic Charities Housing Association of Biloxi Inc is a nonprofit organization situated in Biloxi, Mississippi. Their primary focus is to provide affordable housing for elderly and handicapped individuals. They manage two apartment properties: Santa Maria del Mar Apartments, a 209-unit complex in Biloxi, and Villa Maria Apartments, a 198-unit property in Ocean Springs, both under Sections 8 and 202 of the National Housing Act. These programs aim to offer housing opportunities to low-income individuals who fall into these categories.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Catholic Charities Housing Association of Biloxi Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 67%. This score indicates that while the organization performs reasonably well in certain areas, it has significant room for improvement, particularly regarding governance and transparency. The financial statements are well-audited, and the organization has a strong program expense ratio of 97.30%, indicating that a large majority of its expenses are directed towards its programs.
However, the organization has been marked down for a lack of independent board members, which reflects potential shortcomings in oversight and governance. Additionally, critical policies such as conflict of interest, whistleblower protections, and document retention are reportedly missing, which could raise concerns regarding accountability. The absence of a website link on the tax form and the lack of transparency in board meeting documentation further contribute to its overall rating.
Despite these issues, the organization showcases a low liabilities to assets ratio, suggesting a stable financial footing. Strengthening governance practices and enhancing transparency could significantly improve its rating and community trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Charities Housing Association Of Biloxi Inc legitimate?
Catholic Charities Housing Association Of Biloxi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Charities Housing Association Of Biloxi 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $458,423
For more financial information, click here
What is the mission statement of Catholic Charities Housing Association Of Biloxi Inc?
Catholic Charities Housing Association of Biloxi Inc is committed to providing affordable housing for the elderly and individuals with disabilities. This non-profit organization manages two apartment properties, Santa Maria del Mar Apartments in Biloxi, Mississippi, and Villa Maria Apartments in Ocean Springs, Mississippi, under Sections 8 and 202 of the National Housing Act. Through these programs, the organization offers housing opportunities to low-income elderly or handicapped residents.
Who is the CEO of Catholic Charities Housing Association Of Biloxi Inc?
Gregory Crapo is the President of Catholic Charities Housing Association Of Biloxi Inc.
What is the revenue of Catholic Charities Housing Association Of Biloxi Inc?
Catholic Charities Housing Association Of Biloxi Inc's revenue in 2023 was $3,160,841.
Who are the executives of Catholic Charities Housing Association Of Biloxi Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Catholic Charities Housing Association Of Biloxi Inc?
Catholic Charities Housing Association Of Biloxi Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Catholic Charities Housing Association Of Biloxi Inc
Catholic Charities Housing Association of Biloxi Inc is committed to providing affordable housing for the elderly and handicapped. In pursuit of this mission, the organization operates two apartment properties: Santa Maria del Mar Apartments and Villa Maria Apartments. Located in Biloxi, Mississippi, and Ocean Springs, Mississippi, respectively, these properties are designed to serve low-income elderly or handicapped residents under the provisions of Sections 8 and 202 of the National Housing Act. By offering affordable housing options, Catholic Charities Housing Association of Biloxi Inc aims to provide a secure living environment for those who may otherwise struggle to secure suitable housing due to their age or disability.
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Impact
July, 2024
Catholic Charities Housing Association Of Biloxi Inc's impact lies in providing essential affordable housing for the elderly and handicapped individuals in Biloxi and Ocean Springs, Mississippi. Through its ownership and operation of Santa Maria Del Mar Apartments and Villa Maria Apartments under Sections 8 and 202 of the National Housing Act, the organization offers a total of 407 units to low-income elderly or handicapped residents. By fulfilling this pivotal need, Catholic Charities Housing Association Of Biloxi Inc contributes positively to the well-being and quality of life of vulnerable populations in the community.
This information is meant to be a general summary of Catholic Charities Housing Association Of Biloxi 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: $50,419
- Program Service Revenue: $3,110,422
- Gross Receipts: $3,160,841
Assets and Liabilities:
- Total Assets: $28,519,277
- Total Liabilities: $1,130,779
- Net Assets: $27,388,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,972,416
OTHER PROGRAM INCOME
Revenue
$138,006
Organization Details
Founding Year
1968
Phone
(228) 897-2280Principal Officer
Gregory Crapo
Main Address
1790 POPPS FERRY ROAD, BILOXI, MS, 39532
NTEE Category
Code: L22Z - Housing
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