Overview
What is St Catherine Of Siena Inc?
St. Catherine of Siena Inc is a nonprofit organization situated in Dallas, Texas. Their primary mission is to provide affordable housing options for individuals with low income, aligning with the guidelines set out in Rev. Proc. 96-32. Hebron Trails Apartments, a part of St. Catherine of Siena Inc, serves as their main platform for this initiative. The organization's work is dedicated to making housing accessible for those in need, thereby contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
St Catherine Of Siena Inc has received a two-star rating from Charity Navigator, indicating that while it has strong accountability and finance practices, there are concerns regarding its financial sustainability. The organization boasts a perfect score in categories such as independent board member representation and financial oversight, which reflects a robust governance structure and commitment to transparency.
Despite its high program expense ratio of 94.49%, suggesting that a significant portion of its funds go directly to programs, the nonprofit has a concerning liabilities to assets ratio of 137.10%. This raises questions about the organization's financial health and its ability to meet long-term obligations, which could impact its overall effectiveness and sustainability in serving its mission.
Overall, while St Catherine Of Siena Inc demonstrates commendable governance and program funding practices, the financial challenges highlighted in the ratings suggest a need for improvement in managing liabilities. Stakeholders may want to monitor the organization’s financial strategies and future performance closely.
This AI summary has been generated from information found on Charity Navigator.
Is St Catherine Of Siena Inc legitimate?
St Catherine Of Siena Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Catherine Of Siena 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: $224,609
For more financial information, click here
What is the mission statement of St Catherine Of Siena Inc?
St. Catherine of Siena Inc's mission is centered around providing affordable housing for individuals with low income. The organization adheres to the guidelines set forth in Rev. Proc. 96-32 to achieve this mission. Their primary focus is on serving those in need, offering rental apartments as part of their programs. While the specific details of their mission statement are not provided, it can be inferred that their goal is to make housing more accessible for those who struggle financially.
Who is the CEO of St Catherine Of Siena Inc?
Sister Mary Anne Owens Ssnd is the President of St Catherine Of Siena Inc.
What is the revenue of St Catherine Of Siena Inc?
St Catherine Of Siena Inc's revenue in 2022 was $1,998,850.
Who are the executives of St Catherine Of Siena Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Catherine Of Siena Inc?
St Catherine Of Siena Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Catherine Of Siena Inc
St. Catherine of Siena Inc is dedicated to providing affordable housing solutions for individuals who fall under the low-income bracket. Adhering to the guidelines set forth in Rev. Proc. 96-32, this nonprofit organization offers rental apartments as part of its programs. The primary mission of St. Catherine of Siena Inc is to assist those in need by ensuring they have access to affordable housing, thereby contributing to their overall well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
St Catherine Of Siena Inc, operating as Hebron Trails Apartments located in Dallas, TX, is making a significant impact by providing affordable housing for low-income individuals in need. Through their programs, they offer rental apartments while adhering to specific guidelines to ensure accessibility for those facing economic challenges. By focusing on affordable housing, St Catherine Of Siena Inc is contributing positively to the community by addressing the crucial issue of housing insecurity for vulnerable populations in Dallas.
This information is meant to be a general summary of St Catherine Of Siena 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: $11
- Program Service Revenue: $1,998,839
- Gross Receipts: $1,998,850
Assets and Liabilities:
- Total Assets: $8,658,441
- Total Liabilities: $11,870,942
- Net Assets: -$3,212,501
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING RENTAL
Revenue
$1,998,839
Organization Details
Founding Year
1999
Phone
(972) 241-1272Principal Officer
Sister Mary Anne Owens Ssnd
Main Address
2920 FOREST LANE BOX 415, DALLAS, TX, 75234
NTEE Category
Code: L20 - Housing
If you are a representative of St Catherine Of Siena Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.