Cathedral Plaza Inc

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

EIN: 841348628 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Cathedral Plaza Inc?

Cathedral Plaza Inc is a nonprofit organization dedicated to providing affordable housing solutions for low-income elderly and disabled individuals. Situated with a HUD-subsidized project consisting of 154 units, this organization strives to bridge the housing gap for those in need. Their mission is to promote sustainable living environments, ensuring that these vulnerable populations can maintain a comfortable and secure lifestyle. By offering housing options that are both affordable and accessible, Cathedral Plaza Inc contributes significantly to the well-being of its community.


Official website here: www.archhousing.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Cathedral Plaza Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The score is derived entirely from its performance in the Accountability & Finance category, where it scored 81%, reflecting a commitment to maintaining transparency and responsible financial practices.

The organization demonstrates strong governance, with 100% of its board members being independent. This structure, along with a well-functioning audit and oversight committee, contributes to its high marks in various accountability measures, such as having clear conflict of interest and whistleblower policies in place. Additionally, the charity boasts an impressive program expense ratio of 97.74%, indicating that a significant portion of its funds is directed towards its mission-related activities.

While the overall rating is positive, the singular focus on the Accountability & Finance score may limit a broader assessment of the charity's effectiveness in achieving its mission. Potential donors or stakeholders might benefit from additional insights into the organization's programs and impact beyond financial accountability.


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

Is Cathedral Plaza Inc legitimate?

Cathedral Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cathedral Plaza 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.archhousing.com

What is the mission statement of Cathedral Plaza Inc?

Cathedral Plaza Inc., as an organization, is committed to providing affordable housing solutions for low-income elderly and disabled individuals. This is accomplished through their 154-unit HUD-subsidized project, which serves as a vital resource for this specific demographic. The mission of Cathedral Plaza Inc. is centered around offering a viable housing option, thereby contributing to the well-being and dignity of these individuals, ensuring they can live comfortably and with the necessary support.


Official website here: www.archhousing.com

Who is the CEO of Cathedral Plaza Inc?

Philip Vottiero is the President/Ce of Cathedral Plaza Inc.


Official website here: www.archhousing.com

What is the revenue of Cathedral Plaza Inc?

Cathedral Plaza Inc's revenue in 2022 was $2,040,113.


Official website here: www.archhousing.com

Who are the executives of Cathedral Plaza Inc and what are their salaries?

There are 5 employees and 8 volunteers at Cathedral Plaza Inc.


Here are 10 key members and their salaries:


Darren Walsh (President/Ce)
  • Compensation: $0
  • Related: $229,373
  • Other: $36,232
Justin Raddatz (Exe. Directo)
  • Compensation: $0
  • Related: $131,091
  • Other: $29,734
Wayne Wolberg (Cfo (Former))
  • Compensation: $0
  • Related: $107,021
  • Other: $3,450
Philip Vottiero (Cfo)
  • Compensation: $0
  • Related: $101,346
  • Other: $5,678
Melissa Bleser (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Gross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Huelskamp (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Markham (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Munroe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Palazzo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.archhousing.com

Where can I find the form 990 for Cathedral Plaza Inc?

Cathedral Plaza Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.archhousing.com

Learn more at the official website: www.archhousing.com

Mission Statement of Cathedral Plaza Inc

Cathedral Plaza Inc, a renowned nonprofit organization, is dedicated to providing affordable housing solutions for low-income elderly and disabled individuals. Through their 154-unit HUD-subsidized project, they strive to make a significant impact on the lives of these vulnerable groups. By offering affordable housing options, Cathedral Plaza Inc seeks to empower and support these individuals, enabling them to live with dignity and independence. Their mission is a testament to their commitment to social justice and equality, ensuring that everyone has access to basic necessities such as a safe and affordable living space.

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Impact




July, 2024

Cathedral Plaza Inc provides crucial support to low-income elderly and disabled individuals in Denver, Colorado, by offering affordable housing through its 154-unit HUD-subsidized project. This organization directly contributes to addressing the housing needs of vulnerable populations, ensuring they have a safe and stable place to live. Cathedral Plaza's impact is evident in the tangible assistance it provides to those who are most in need of affordable housing options, improving their quality of life and fostering a sense of security and community.




This information is meant to be a general summary of Cathedral Plaza 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
$2,040,113 (2022)
Expenses
$1,735,403 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $437
  • Program Service Revenue: $2,033,274
  • Gross Receipts: $2,040,113

Assets and Liabilities:

  • Total Assets: $2,856,493
  • Total Liabilities: $3,009,447
  • Net Assets: -$152,954

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Programs

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

RENT FOR LOW-INCOME HOUSING

Revenue

$2,012,964

LAUNDRY, VENDING, AND TENANT

Revenue

$20,310

Organization Details

Founding Year

1996

Principal Officer

Philip Vottiero

Main Address

6240 E SMITH ROAD, DENVER, CO, 80216

NTEE Category

Code: L21 - Housing

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