Overview
What is Caritas Community Housing Corp?
Caritas Community Housing Corp is a nonprofit organization situated in Portland, Oregon. Its primary mission is to develop, own, finance, manage, and offer affordable housing and related services in Western Oregon. This organization caters to individuals and families with very low, low, and moderate incomes. The goal is to meet their physical, social, spiritual, and psychological needs, thereby promoting their health, security, happiness, and community inclusion. In essence, Caritas Community Housing Corp aims to create self-help opportunities and supportive communities for its beneficiaries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Caritas Community Housing Corp has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization's score is based entirely on its fiscal responsibility, showcasing a high level of transparency and effective governance. Key strengths include 100% independent board members, robust audit practices, and effective conflict of interest policies.
The charity excels in program expenditure, allocating 95.54% of its budget directly to its programs, indicating a strong focus on mission-driven activities. Its low liabilities to assets ratio of 37.67% further signifies financial stability. The presence of comprehensive policies related to whistleblowing and document retention further enhances its governance framework.
While the data emphasizes exceptional performance in accountability, it is essential to note that this rating does not provide insights into the organization's overall impact or effectiveness in its core mission. Nonetheless, Caritas Community Housing Corp's strong governance structure positions it as a reliable choice for potential donors seeking to support nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Caritas Community Housing Corp legitimate?
Caritas Community Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caritas Community Housing Corp 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
What is the mission statement of Caritas Community Housing Corp?
Caritas Community Housing Corp's mission is to create, manage, and provide affordable housing and related services in western Oregon for individuals and families with low to moderate incomes. This organization aims to cater to their physical, social, spiritual, and psychological needs, promoting their health, security, happiness, and inclusion in the larger community. Caritas Community Housing Corp also works towards fostering self-help communities and opportunities, contributing to their overall well-being.
Who is the CEO of Caritas Community Housing Corp?
Marci Pierce is the Cfao of Caritas Community Housing Corp.
What is the revenue of Caritas Community Housing Corp?
Caritas Community Housing Corp's revenue in 2022 was $6,218,714.
Who are the executives of Caritas Community Housing Corp and what are their salaries?
There 5 volunteers at Caritas Community Housing Corp.
Here are 6 key members and their salaries:
- Compensation: $147,404
- Related: $0
- Other: $18,980
- 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 Caritas Community Housing Corp?
Caritas Community Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Caritas Community Housing Corp
Caritas Community Housing Corp is dedicated to serving the needs of individuals and families with moderate, low, and very low incomes in Western Oregon. The organization's mission is multifaceted, encompassing the development, financing, management, and provision of affordable housing and related services. This mission aims to meet the physical, social, spiritual, and psychological needs of these individuals and families, thereby promoting their health, security, happiness, and inclusion in the larger community. Caritas Community Housing Corp further strives to foster self-help opportunities and develop communities that cater to their residents' well-being. This commitment is reflected in the organization's efforts to provide affordable housing solutions that cater to the diverse needs of its clientele, thereby contributing to their overall quality of life.
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Impact
July, 2024
Caritas Community Housing Corp develops, owns, finances, manages, and provides affordable housing and housing-related services in Western Oregon for very low, low, and moderate-income individuals and families. Their work aims to meet the physical, social, spiritual, and psychological needs of these communities, promoting their health, security, happiness, and inclusion within the larger community while fostering opportunities for self-help. Their impact lies in creating sustainable and inclusive housing solutions that empower individuals and families to thrive in a supportive environment.
This information is meant to be a general summary of Caritas Community Housing Corp. 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: $107,456
- Program Service Revenue: $6,096,258
- Gross Receipts: $6,218,714
Assets and Liabilities:
- Total Assets: $19,623,287
- Total Liabilities: $6,226,545
- Net Assets: $13,396,742
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE INCOME
Revenue
$4,150,804
SERVICE FEES AND OTHER
Revenue
$1,011,210
HOUSING FEES AND RENT
Revenue
$934,244
Organization Details
Founding Year
2001
Phone
(503) 688-2646Principal Officer
Marci Pierce
Main Address
2740 SE POWELL BLVD STE 5, PORTLAND, OR, 97202
NTEE Category
Code: L21 - Housing
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