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Nonprofiteer
← CATHEDRAL SQUARE CORPORATION

Form 990 for tax year 2022

Filed by CATHEDRAL SQUARE CORPORATION.

Totals

Total revenue
$16,190,717
Total expenses
$15,304,910
Contributions and grants received
$8,862,692
Grants paid
$1,226,578
Program service revenue
$7,312,486
Investment income
$15,539
Other revenue
$0
Total assets, end of year
$28,722,358
Total liabilities, end of year
$14,547,423
Net assets or fund balances, end of year
$14,174,935
Program services expenses (Part IX)
$13,276,317
Management and general expenses
$2,028,593
Fundraising expenses
$0
Program service expenses (Part III)
$13,276,317

Program services were 86.7% 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)

    $8,438,725

  • 1f · All other contributions, gifts and grants

    $423,967

  • 2a · Program service revenue: REIMBURSEMENTS

    total $3,632,033 · related or exempt $3,632,033

  • 2b · Program service revenue: RENTAL INCOME

    total $1,511,276 · related or exempt $1,511,276

  • 2c · Program service revenue: MANAGEMENT FEES

    total $843,009 · related or exempt $843,009

  • 2d · Program service revenue: CLIENT FEES

    total $700,471 · related or exempt $700,471

  • 2e · Program service revenue: MISCELLANEOUS

    total $357,320 · related or exempt $357,320

  • 2f · All other program service revenue

    total $268,377 · related or exempt $268,377

  • 3 · Investment income

    total $117,204 · related or exempt $117,204

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

    securities $39,293 · other assets $62,372

  • 7c · Gain or loss

    securities -$39,293 · other assets -$62,372

  • 7d · Net gain or loss

    total -$101,665 · related or exempt -$101,665

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,226,578 · program services $1,226,578

  • 5 · Compensation of officers, directors and key employees

    total $139,276 · management and general $139,276

  • 7 · Other salaries and wages

    total $7,366,127 · program services $6,532,074 · management and general $834,053

  • 8 · Pension plan contributions

    total $275,441 · program services $234,543 · management and general $40,898

  • 9 · Other employee benefits

    total $347,114 · program services $332,220 · management and general $14,894

  • 10 · Payroll taxes

    total $551,975 · program services $479,801 · management and general $72,174

  • 11b · Fees: legal

    total $48,708 · program services $43,223 · management and general $5,485

  • 11c · Fees: accounting

    total $28,329 · management and general $28,329

  • 11f · Fees: investment management

    total $56,770 · management and general $56,770

  • 11g · Fees: other

    total $8,458 · program services $6,458 · management and general $2,000

  • 12 · Advertising and promotion

    total $21,559 · program services $5,532 · management and general $16,027

  • 13 · Office expenses

    total $19,316 · management and general $19,316

  • 14 · Information technology

    total $167,827 · program services $22,319 · management and general $145,508

  • 16 · Occupancy

    total $818,659 · program services $782,659 · management and general $36,000

  • 17 · Travel

    total $26,737 · program services $11,021 · management and general $15,716

  • 20 · Interest

    total $222,388 · program services $222,388

  • 22 · Depreciation, depletion and amortization

    total $467,126 · program services $466,178 · management and general $948

  • 23 · Insurance

    total $1,615,485 · program services $1,306,330 · management and general $309,155

  • 24a · Other expenses: OTHER EXPENSES

    total $761,593 · program services $527,115 · management and general $234,478

  • 24b · Other expenses: REAL ESTATE TAXES

    total $268,312 · program services $268,312

  • 24c · Other expenses: ELECTRIC CHARGER EXPENS

    total $211,462 · program services $211,462

  • 24d · Other expenses: FOOD

    total $155,484 · program services $155,484

  • 24e · All other expenses

    total $500,186 · program services $442,620 · management and general $57,566

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,317,420 · end of year $6,234,472

  • 3 · Pledges and grants receivable

    beginning of year $414,377 · end of year $240,808

  • 4 · Accounts receivable

    beginning of year $657,236 · end of year $324,146

  • 7 · Other notes and loans receivable

    beginning of year $107,804 · end of year $107,804

  • 9 · Prepaid expenses and deferred charges

    beginning of year $85,124 · end of year $220,845

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

    $16,571,477

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

    $4,582,723

  • 10c · Land, buildings and equipment, net

    beginning of year $12,198,005 · end of year $11,988,754

  • 15 · Other assets

    beginning of year $9,482,007 · end of year $9,605,529

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,205,112 · end of year $1,124,034

  • 19 · Deferred revenue

    beginning of year $85,029 · end of year $28,256

  • 23 · Secured mortgages and notes payable

    beginning of year $13,695,891 · end of year $13,233,238

  • 25 · Other liabilities

    beginning of year $145,922 · end of year $161,895

  • 27 · Net assets without donor restrictions

    beginning of year $12,093,796 · end of year $13,196,688

  • 28 · Net assets with donor restrictions

    beginning of year $1,036,223 · end of year $978,247

Mission and programs · 2022

Mission

CREATING HEALTHY HOMES, CARING COMMUNITIES, AND POSITIVE AGING ENVIRONMENTS. A LONG TERM CARE ENVIRONMENT WHERE ALL CONSUMERS HAVE ACCESS TO HEALTHY, AFFORDABLE, QUALITY AGING SERVICES IN THE RESIDENTIAL SETTING THEY CHOOSE.

  • SASH IS A CARING PARTNERSHIP CONNECTING STATEWIDE HEALTH AND LONG TERM CARE SYSTEMS TO NONPROFIT AFFORDABLE HOUSING PROVIDERS. THE PROGRAM HELPS VERMONT'S MOST VULNERABLE CITIZENS, SENIORS AND INDIVIDUALS WITH SPECIAL NEEDS, ACCESS THE CARE AND SUPPORT SERVICES THEY NEED TO STAY HEALTHY WHILE LIVING COMFORTABLY AND SAFELY AT HOME.

    Expenses $4,064,747 · Grants $1,226,578 · Revenue $303,657

  • MEMORY CARE AT ALLEN BROOK CONSITS OF 14 UNITS FOR TENANTS WITH DEMENTIA.

    Expenses $1,692,751 · Revenue $191,701

  • ASSISTED LIVING PROVIDES ASSISTED LIVING TO ELDERLY INDIVIDUALS WHO ARE INCOME ELIGIBLE. THERE ARE 38 ASSISTED LIVING UNITS.

    Expenses $1,568,538 · Revenue $580,264

  • Expenses $5,950,281 · Revenue $6,252,403

As filed on the 2022 return.

Listed in Part VII

  • Carol Moran-Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shaun Gilpin

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Taylor

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Mohamed Basha

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Craig Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Green

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carroll Ockert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Malimu Dhoor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Snyder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tim Sampson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Muyskens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Mark Levine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Aaron Ferenc

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Greta Getlein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Fitzgerald

    CEO

    Total calculated
    $139,276
    From this org
    $139,276
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • SH LIMITED PARTNERSHIP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$27 · share of assets $132,283 · general or managing partner

  • FARRELL STREET SENIOR HOUSING LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$333,477 · share of assets $1,763,125 · general or managing partner

  • ESSEX SENIOR HOUSING LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$27 · share of assets $153,964 · general or managing partner

  • WHITCOMB WOODS HOUSING LP

    RELATED · AFFORDABLE HOUSING · VT · 100% owned · share of income $32,469 · share of assets $2,367,278 · general or managing partner

  • TSH LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$16 · share of assets $400,490 · general or managing partner

  • TSH TWO LIMITED PARTNERSHIP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$63,719 · share of assets $4,927,204 · general or managing partner

  • GWC II LIMITED PARTNERSHIP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$89,117 · share of assets $216,160 · general or managing partner

  • RAIL CITY HOUSING LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$13 · share of assets $255,864 · general or managing partner

  • RICHMOND TERRACE LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$3 · share of assets $520,403 · general or managing partner

  • KELLEY'S FIELD LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$4 · share of assets $396,662 · general or managing partner

  • CSSL LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$13 · share of assets $427,338 · general or managing partner

  • ELM PLACE LIMITED PARTNERSHIP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$27 · share of assets $609,556 · general or managing partner

  • ALLARD SQUARE LIMITED PARTNERSHIP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$26 · share of assets $620,630 · general or managing partner

  • JUNIPER NORTH BOND LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$17 · share of assets $1,120,613 · general or managing partner

  • JUNIPER SOUTH ALLOCATED LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$29 · share of assets $488,297 · general or managing partner

  • WHH LIMITED PARTNERSHIP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$18 · share of assets $705,569 · general or managing partner

  • BAYVIEW CROSSING LIMITED PARTNERSHIP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · share of income -$77 · share of assets $6,127,975 · general or managing partner

  • KELLEY'S FIELD II LP

    RELATED · AFFORDABLE HOUSING · VT · 1% owned · general or managing partner

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CSC PARTNERS INC

    C · DEVELOPMENT · VT · 100% owned

Provenance

Return type
form_990
Tax year
2022
Filed
6 February 2024
IRS schema version
2022v5.0
Source object
202400379349301125

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