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Nonprofiteer
← CARITAS FOUNDATION

Form 990 for tax year 2023

Filed by CARITAS FOUNDATION.

Totals

Total revenue
$190,766
Total expenses
$195,960
Contributions and grants received
$190,766
Grants paid
$190,264
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$5,179
Total liabilities, end of year
$1,603
Net assets or fund balances, end of year
$3,576
Program services expenses (Part IX)
$190,264
Management and general expenses
$5,696
Fundraising expenses
$0
Program service expenses (Part III)
$190,264

Program services were 97.1% 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.

  • 1d · Related organizations

    $190,000

  • 1f · All other contributions, gifts and grants

    $766

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $148,477 · program services $148,477

  • 2 · Grants to domestic individuals

    total $41,787 · program services $41,787

  • 9 · Other employee benefits

    total $1,864 · management and general $1,864

  • 11c · Fees: accounting

    total $592 · management and general $592

  • 14 · Information technology

    total $2,318 · management and general $2,318

  • 24a · Other expenses: AUTO

    total $354 · management and general $354

  • 24b · Other expenses: MEALS

    total $189 · management and general $189

  • 24c · Other expenses: TELEPHONE

    total $160 · management and general $160

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $149 · management and general $149

  • 24e · All other expenses

    total $70 · management and general $70

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,019 · end of year $3,886

  • 9 · Prepaid expenses and deferred charges

    end of year $1,293

  • 17 · Accounts payable and accrued expenses

    beginning of year $249 · end of year $1,603

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $8,770 · end of year $3,576

Mission and programs · 2023

Mission

THE CARITAS FOUNDATION IS A 501(C)(3) NON-PROFIT ORGANIZATION CREATED TO BRING VITAL SERVICES AND PROGRAMS TO THE UNDERSERVED MEMBERS OF OUR GLOBAL COMMUNITIES THROUGH EDUCATION, ACHIEVEMENT, EMPOWERMENT, AND INVOLVEMENT.

Activities or mission (Part I)

THE CARITAS FOUNDATION WILL PROVIDE PROGRAMS AND SERVICES TO THE AFFORDABLE HOUSING COMMUNITIES OF THE CARITAS CORPORATION AND ITS AFFILIATES. THE CARITAS CORPORATION AND ITS AFFILIATES ARE NONPROFIT ENTITIES ORGANIZED AS 501(C)(3) ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE.

  • THE RENTAL ASSISTANCE PROGRAM PROVIDES TEMPORARY FINANCIAL AID TO HELP FAMILIES THROUGH A ROUGH TIME. DURING 2023, 29 FAMILIES WERE PROVIDED SUPPORT.

    Expenses $50,088 · Grants $50,088

  • PROMOTION AND SUPPORT OF COMMUNITY BUILDING ACTIVITIES TO CONTRIBUTE TO AN ENHANCED QUALITY OF LIFE FOR LOW INCOME FAMILIES IN THE CARITAS CORPORATION COMMUNITIES. THE CARITAS COMMUNITIES HOUSE APPROXIMATELY 15,800 INDIVIDUALS WHO BENEFIT FROM THESE ACTIVITIES.

    Expenses $98,389 · Grants $98,389

  • SCHOLARSHIPS TO 21 RESIDENTS OF THE CARITAS COMMUNITIES DURING 2023.

    Expenses $25,200 · Grants $25,200

  • THE ORGANIZATION PROVIDES EDUCATIONAL TOOLS, INCLUDING BOOKS THAT HAVE BEEN PROVIDED TO THE CHILDREN IN THE COMMUNITIES AND A SUMMER READING PROGRAM. THE SUMMER READING PROGRAM PROVIDED BOOKS FOR 139 CHILDREN.

    Expenses $16,587 · Grants $16,587

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Thiergartner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Tom Redwitz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Carol McDermott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Christine Dunfey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Tim Cannon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Robert R Redwitz

    CEO & CHAIRMAN OF THE BOAR

    Total calculated
    $0
    Hours/week
    0 + 8 related
  • John Markel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Therese Bejotte

    CHIEF OPERATING OFFICER

    Total calculated
    $254,074
    From this org
    $0
    From related orgs
    $250,770
    Other
    $3,304
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $250,770 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $3,304 related
    Filer's total
    $0 + $254,074 related
  • Samantha McCullagh

    CHIEF MISSION OFFICER

    Total calculated
    $85,331
    From this org
    $0
    From related orgs
    $85,331
    Other
    $0
    Hours/week
    1 + 40 related
  • John Woolley

    CHIEF INVESTING OFFICER

    Total calculated
    $193,017
    From this org
    $0
    From related orgs
    $193,017
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $193,017 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $193,017 related
  • Penny Serna

    CHIEF FINANCIAL OFFICER

    Total calculated
    $173,782
    From this org
    $0
    From related orgs
    $171,445
    Other
    $2,337
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $171,445 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,337 related
    Filer's total
    $0 + $173,782 related
  • Jennifer E Riva

    VP OF FINANCE

    Total calculated
    $0
    Hours/week
    0 + 2 related
  • Gabe Chavez

    VP OF DEVELOPMENT

    Total calculated
    $153,296
    From this org
    $0
    From related orgs
    $151,168
    Other
    $2,128
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,828 related
    Bonus
    $0
    Other
    $0 + $340 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,128 related
    Filer's total
    $0 + $153,296 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

None.

Answered no

  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

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
14 November 2024
IRS schema version
2023v5.1
Source object
202433209349320503

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