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Nonprofiteer
← CATHERINE BOOTH RESIDENCE INC

Form 990 for tax year 2023

Filed by CATHERINE BOOTH RESIDENCE INC.

Totals

Total revenue
$767,363
Total expenses
$684,926
Contributions and grants received
$259,264
Grants paid
$0
Program service revenue
$291,491
Investment income
$216,608
Other revenue
$0
Total assets, end of year
$4,233,351
Total liabilities, end of year
$7,195,719
Net assets or fund balances, end of year
-$2,962,368
Program services expenses (Part IX)
$567,783
Management and general expenses
$117,143
Fundraising expenses
$0
Program service expenses (Part III)
$567,783

Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $259,264

  • 2a · Program service revenue: RENTAL REVENUE

    total $286,478 · related or exempt $286,478

  • 2b · Program service revenue: LAUNDRY & VENDING

    total $10,001 · related or exempt $10,001

  • 2c · Program service revenue: TENANT CHARGES

    total $1,046 · related or exempt $1,046

  • 2d · Program service revenue: APARTMENT VACANCIES

    total -$6,034 · related or exempt -$6,034

  • 3 · Investment income

    total $6,528 · excluded $6,528

  • 7a · Gross sales of assets other than inventory

    other assets $210,080

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $210,080

  • 7d · Net gain or loss

    total $210,080 · excluded $210,080

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $71,897 · management and general $71,897

  • 11b · Fees: legal

    total $3 · management and general $3

  • 11c · Fees: accounting

    total $14,600 · management and general $14,600

  • 11g · Fees: other

    total $7,086 · program services $7,086

  • 12 · Advertising and promotion

    total $72 · program services $72

  • 13 · Office expenses

    total $8,284 · program services $8,284

  • 16 · Occupancy

    total $116,384 · program services $116,384

  • 17 · Travel

    total $3,530 · program services $3,374 · management and general $156

  • 19 · Conferences, conventions and meetings

    total $1,314 · program services $1,314

  • 22 · Depreciation, depletion and amortization

    total $164,855 · program services $164,855

  • 23 · Insurance

    total $3,655 · program services $3,655

  • 24a · Other expenses: LEASED EMPLOYEES-PRG

    total $187,785 · program services $157,298 · management and general $30,487

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $92,659 · program services $92,659

  • 24c · Other expenses: SUPPLIES

    total $7,725 · program services $7,725

  • 24d · Other expenses: FURNISHINGS & EQUIPMENT

    total $4,541 · program services $4,541

  • 24e · All other expenses

    total $536 · program services $536

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,489 · end of year $24,388

  • 4 · Accounts receivable

    beginning of year $4,385 · end of year $4,068

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,577 · end of year $14,760

  • 10a · Land, buildings and equipment: cost or other basis

    $7,001,891

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,149,302

  • 10c · Land, buildings and equipment, net

    beginning of year $3,788,283 · end of year $3,852,589

  • 15 · Other assets

    beginning of year $308,925 · end of year $337,546

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,291 · end of year $45,716

  • 19 · Deferred revenue

    beginning of year $3,521 · end of year $3,384

  • 25 · Other liabilities

    beginning of year $7,142,652 · end of year $7,146,619

  • 27 · Net assets without donor restrictions

    beginning of year -$3,044,805 · end of year -$2,962,368

Mission and programs · 2023

Mission

PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY, HANDICAPPED AND DISABLED.

  • ORGANIZED TO OWN AND OPERATE 82 UNIT APARTMENT FACILITY IN GASTONIA, NC.

    Expenses $567,783 · Revenue $291,491

As filed on the 2023 return.

Listed in Part VII

  • Deborah Sedlar

    DIRECTOR / VICE PRESIDENT

    Total calculated
    $289,295
    From this org
    $0
    From related orgs
    $229,830
    Other
    $59,465
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $226,981 related
    Bonus
    $0
    Other
    $0 + $2,849 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $59,465 related
    Filer's total
    $0 + $289,295 related

  • Gene Hogg

    DIRECTOR

    Total calculated
    $78,958
    From this org
    $0
    From related orgs
    $39,805
    Other
    $39,153
    Hours/week
    1 + 40 related

  • James Seiler

    DIRECTOR / TREASURER

    Total calculated
    $155,385
    From this org
    $0
    From related orgs
    $127,886
    Other
    $27,499
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $125,450 related
    Bonus
    $0
    Other
    $0 + $2,436 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $27,499 related
    Filer's total
    $0 + $155,385 related

  • Janice Riefer

    DIRECTOR

    Total calculated
    $111,416
    From this org
    $0
    From related orgs
    $53,690
    Other
    $57,726
    Hours/week
    1 + 40 related

  • Kelly Igleheart

    DIRECTOR / PRESIDENT

    Total calculated
    $102,325
    From this org
    $0
    From related orgs
    $63,380
    Other
    $38,945
    Hours/week
    1 + 40 related

  • Lee Auvenshire

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Leon Ferraez

    DIRECTOR / SECRETARY

    Total calculated
    $31,968
    From this org
    $0
    From related orgs
    $31,968
    Other
    $0
    Hours/week
    1 + 40 related

  • Mark Israel

    DIRECTOR

    Total calculated
    $182,110
    From this org
    $0
    From related orgs
    $144,426
    Other
    $37,684
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $136,439 related
    Bonus
    $0
    Other
    $0 + $7,987 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $37,684 related
    Filer's total
    $0 + $182,110 related

  • Philip Swyers

    DIRECTOR / ASSISTANT TREAS

    Total calculated
    $105,005
    From this org
    $0
    From related orgs
    $69,248
    Other
    $35,757
    Hours/week
    1 + 40 related

  • Ronnie Raymer

    DIRECTOR

    Total calculated
    $160,122
    From this org
    $0
    From related orgs
    $129,903
    Other
    $30,219
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $124,209 related
    Bonus
    $0
    Other
    $0 + $5,694 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $30,219 related
    Filer's total
    $0 + $160,122 related

  • Charles Powell

    FORMER DIRECTOR / FORMER S

    Total calculated
    $23,366
    From this org
    $0
    From related orgs
    $23,366
    Other
    $0
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $23,366 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $23,366 related

  • James Arrowood

    FORMER DIRECTOR

    Total calculated
    $12,957
    From this org
    $0
    From related orgs
    $12,957
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $12,957 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $12,957 related

  • Stephen Morris

    FORMER DIRECTOR

    Total calculated
    $63,527
    From this org
    $0
    From related orgs
    $39,294
    Other
    $24,233
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $39,294 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $24,233 related
    Filer's total
    $0 + $63,527 related

  • Todd Hawks

    FORMER DIRECTOR

    Total calculated
    $346,351
    From this org
    $0
    From related orgs
    $309,558
    Other
    $36,793
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,486 related
    Bonus
    $0
    Other
    $0 + $5,072 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $36,793 related
    Filer's total
    $0 + $346,351 related

  • William Mockabee

    FORMER DIRECTOR

    Total calculated
    $89,424
    From this org
    $0
    From related orgs
    $89,424
    Other
    $0
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $89,424 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $89,424 related

  • Willis Howell

    FORMER DIRECTOR / FORMER PRESIDENT

    Total calculated
    $99,085
    From this org
    $0
    From related orgs
    $81,672
    Other
    $17,413
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $81,672 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $17,413 related
    Filer's total
    $0 + $99,085 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 7 · Other non-fixed payments

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A:
LISTING OF HOUSING ALLOWANCE AMOUNTS PROVIDED TO OFFICERS AND DIRECTORS 1. KELLY IGLEHEART (DIRECTOR / PRESIDENT) HOUSING BENEFITS PROVIDED - $22,048 2. WILLIS HOWELL (DIRECTOR / PRESIDENT) HOUSING BENEFITS PROVIDED - $17,413 3. DONALD BELL (FORMER DIRECTOR / FORMER VICE PRESIDENT) HOUSING BENEFITS PROVIDED - $0 4. DEBORAH SEDLAR (DIRECTOR/VICE PRESIDENT) - $42,568 5. JANICE RIEFER (DIRECTOR) HOUSING BENEFITS PROVIDED - $40,829 6. STEPHEN MORRIS (FORMER DIRECTOR) HOUSING BENEFITS PROVIDED - $7,336 7. SHEILA LANIER (FORMER DIRECTOR) HOUSING BENEFITS PROVIDED - $0 8. MARK ISRAEL (DIRECTOR) HOUSING BENEFITS PROVIDED - $20,787 9. WILLIAM HOBGOOD (FORMER DIRECTOR) HOUSING BENEFITS PROVIDED - $0 10. WILLIAM MOCKABEE (FORMER DIRECTOR) HOUSING BENEFITS PROVIDED - $0 11. JAMES SEILER (DIRECTOR / TREASURER) HOUSING BENEFITS PROVIDED - $10,602 12. PHILIP SWYERS (DIRECTOR / ASSISTANT TREASURER) HOUSING BENEFITS PROVIDED - $18,860 13. SAMUEL HENRY (FORMER DIRECTOR / FORMER ASST TREAS) HOUSING BENEFITS PROVIDED - $0 14. AUSTRUBERTO FLORES III (FORMER DIRECTOR / FORMER ASST TREAS) HOUSING BENEFITS PROVIDED - $0 15. LEE AUVENSHIRE (SECRETARY) HOUSING BENEFITS PROVIDED - $0 16. CHARLES POWELL (FORMER DIRECTOR / FORMER SECRETARY) HOUSING BENEFITS PROVIDED - $0 17. RONNIE RAYMER (DIRECTOR) HOUSING BENEFITS PROVIDED - $13.322 18. JAMES ARROWOOD (FORMER DIRECTOR) HOUSING BENEFITS PROVIDED- $0 19. DAVID JEFFREY (FORMER DIRECTOR) HOUSING BENEFITS PROVIDED - $0 20. LEON FERRAEZ (DIRECTOR) HOUSING BENEFITS PROVIDED - $15,687 21. GENE HOGG (DIRECTOR) HOUSING BENEFITS PROVIDED - $22,256 22. TODD HAWKS (FORMER DIRECTOR) HOUSING BENEFITS PROVIDED - $19,896 23. WARD MATTHEWS (FORMER DIRECTOR / FORMER SECRETARY - $0
FORM 990 PART VII, SECTION A, REPORTABLE COMPENSATION:
INDIVIDUALS WHO ARE ACTIVE OFFICERS WITH THE SALVATION ARMY RECEIVE RETIREMENT HOUSING, FURNISHINGS & AUTOMOBILE GRANTS TO AID THEM IN PURCHASING THESE THINGES FOR RETIREMENT AS THESE ITEMS HAVE BEEN PROVIDED BY THE SALVATION ARMY DURING THEIR YEARS OF ACTIVE SERVICE. THESE GRANTS ARE ONE-TIME, LUMP SUM PAYMENTS GIVEN OUT ONE TO TWO YEARS PRIOR TO RETIREMENT AND ARE INCLUDED IN THE OFFICERS ORDINARY INCOME WHICH IS REFLECTED IN THE "REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS".
FORM 990 PART VII, SECTION A, ESTIMATED AMOUNT OF OTHER COMPENSATION:
HOUSING ALLOWANCES REPORTED IN THE "OTHER COMPENSATION" SECTION OF PART VII REFLECT THE FAIR MARKET RENTAL VALUE OF THE RESIDENCE PROVIDED PLUS THE COSTS OF UTILITIES PAID BY THE SALVATION ARMY. ACTIVE DUTY OFFICERS ARE REQUIRED TO USE THE RESIDENCES OWNED AND PROVIDED BY THE SALVATION ARMY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
11 August 2025
IRS schema version
2023v6.0
Source object
202542269349300204

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