Totals
- Total revenue
- $25,570,510
- Total expenses
- $26,051,236
- Contributions and grants received
- $1,551,256
- Grants paid
- $287,012
- Program service revenue
- $22,940,399
- Investment income
- $694,260
- Other revenue
- $384,595
- Total assets, end of year
- $173,667,410
- Total liabilities, end of year
- $184,836,212
- Net assets or fund balances, end of year
- -$11,168,802
- Program services expenses (Part IX)
- $22,419,512
- Management and general expenses
- $3,631,724
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $22,419,512
Program services were 86.1% 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
$107,571
-
1e · Government grants (contributions)
$1,443,685
-
2a · Program service revenue: RENTAL INCOME
total $17,866,421 · related or exempt $17,866,421
-
2b · Program service revenue: ANCILLARY FEES
total $5,073,978 · related or exempt $5,073,978
-
3 · Investment income
total $694,260 · excluded $694,260
-
11a · Other revenue: MANAGEMENT FEES
total $255,248 · related or exempt $255,248
-
11b · Other revenue: OTHER INCOME
total $80,522 · related or exempt $80,522
-
11c · Other revenue: MANAGEMENT FEES - NON-OWNED
total $48,825 · related or exempt $48,825
-
11e · Other revenue, total
$384,595
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $287,012 · program services $287,012
-
5 · Compensation of officers, directors and key employees
total $858,602 · management and general $858,602
-
6 · Compensation of disqualified persons
total $1,561,550 · program services $1,268,998 · management and general $292,552
-
9 · Other employee benefits
total $420,346 · program services $367,829 · management and general $52,517
-
10 · Payroll taxes
total $297,219 · program services $210,930 · management and general $86,289
-
11a · Fees: management
total $776,769 · program services $776,769
-
11b · Fees: legal
total $142,942 · program services $137,739 · management and general $5,203
-
11c · Fees: accounting
total $657,730 · program services $357,616 · management and general $300,114
-
11d · Fees: lobbying
total $114,829 · program services $73,770 · management and general $41,059
-
13 · Office expenses
total $81,164 · program services $67,238 · management and general $13,926
-
14 · Information technology
total $111,842 · program services $79,448 · management and general $32,394
-
16 · Occupancy
total $15,503,456 · program services $15,309,855 · management and general $193,601
-
17 · Travel
total $34,796 · program services $10,638 · management and general $24,158
-
19 · Conferences, conventions and meetings
total $7,672 · program services $7,415 · management and general $257
-
22 · Depreciation, depletion and amortization
total $2,477,113 · program services $2,477,113
-
24a · Other expenses: LOSS ON REFINANCE
total $1,302,977 · program services $409,790 · management and general $893,187
-
24b · Other expenses: CONSULTING
total $753,147 · program services $179,392 · management and general $573,755
-
24c · Other expenses: BOND SERVICE FEE
total $225,861 · program services $5,400 · management and general $220,461
-
24d · Other expenses: LICENSES & FEES
total $174,111 · program services $170,369 · management and general $3,742
-
24e · All other expenses
total $262,098 · program services $222,191 · management and general $39,907
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,654,751 · end of year $2,251,507
-
2 · Savings and temporary cash investments
beginning of year $1,834,599 · end of year $1,873,131
-
4 · Accounts receivable
beginning of year $351,666 · end of year $97,493
-
7 · Other notes and loans receivable
beginning of year $105,581 · end of year $157,858
-
8 · Inventories for sale or use
beginning of year $15,121
-
9 · Prepaid expenses and deferred charges
beginning of year $294,252 · end of year $315,798
-
10a · Land, buildings and equipment: cost or other basis
$165,037,933
-
10b · Land, buildings and equipment: accumulated depreciation
$21,065,072
-
10c · Land, buildings and equipment, net
beginning of year $143,663,133 · end of year $143,972,861
-
14 · Intangible assets
beginning of year $3,652,910 · end of year $1,480,461
-
15 · Other assets
beginning of year $67,286,484 · end of year $23,518,301
-
17 · Accounts payable and accrued expenses
beginning of year $3,211,267 · end of year $2,377,781
-
20 · Tax-exempt bond liabilities
beginning of year $210,584,870 · end of year $167,387,645
-
23 · Secured mortgages and notes payable
beginning of year $6,977,723 · end of year $3,608,677
-
25 · Other liabilities
beginning of year $7,464,209 · end of year $11,462,109
-
27 · Net assets without donor restrictions
beginning of year -$9,379,572 · end of year -$11,168,802
Mission and programs · 2022
Mission
THE CARITAS CORPORATION IS A NONPROFIT ORGANIZATION WHOSE GOAL IS TO PROVIDE AND MAINTAIN QUALITY, AFFORDABLE HOUSING THROUGH THE ACQUISITION OF MOBILE HOME PARKS, ACQUISITION OF APARTMENT BUILDINGS AND THE DEVELOPMENT OF AFFORDABLE HOUSING COMMUNITIES . WITH THE INCREASING NUMBER OF HOUSEHOLDS ON FIXED OR LIMITED INCOMES AND WITH THE SCARCITY OF RELIABLE, LONG-TERM, REASONABLY PRICED HOUSING, CARITAS ENDEAVORS TO CREATE VIBRANT COMMUNITIES WHERE QUALITY OF LIFE, RESIDENT INVOLVEMENT, AND CARING ARE PRIORITIES.
Activities or mission (Part I)
ASSIST LOCAL GOVERNMENTS BY PROVIDING AFFORDABLE HOUSING.
-
SUPPORT FOR THE PURPOSE OF SUPERVISING AND ASSISTING ONE AFFILIATED CORPORATION THAT OWNS AND MAINTAINS AFFORDABLE HOUSING PROJECTS (MOBILE HOME PARKS AND AN APARTMENT BUILDING). ADDITIONALLY, THE CARITAS CORPORATION'S EXEMPT PURPOSE ACHIEVEMENTS INCLUDE THE PURCHASE AND OPERATION OF SIXTEEN AFFORDABLE HOUSING PROJECTS LOCATED IN THE CALIFORNIA CITIES OF DANA POINT, FRESNO, GARDEN GROVE, LANCASTER, NEWCASTLE, OCEANO, PALMDALE, SAN MARCOS, VACAVILLE, SANTA MONICA, YUCAIPA, INDIO AND THERMAL, WHICH HAVE AN UNFULFILLED STATUTORY OBLIGATION TO PROVIDE AFFORDABLE HOUSING. THERE ARE A TOTAL OF 17 APARTMENTS AVAILABLE FOR RENT IN THE CITY OF DANA POINT AS SUPPORTIVE HOUSING FOR THE HOMELESS AND DISABLED, 233 MOBILE HOME SPACES IN THE CITY OF FRESNO, 254 MOBILE HOME SPACES IN THE CITY OF GARDEN GROVE, 308 SPACES IN THE CITY OF LANCASTER, 203 MOBILE HOME SPACES IN THE CITY OF NEWCASTLE, 120 MOBILE HOME SPACES IN THE CITY OF OCEANO, 298 MOBILE HOME SPACES IN THE CITY OF PALMDALE, 117 MOBILE HOME SPACES IN THE CITY OF PALO ALTO, 150 SPACES IN THE CITY OF SAN MARCOS, 153 MOBILE HOME SPACES IN THE CITY OF VACAVILLE, 105 MOBILE HOMES SPACES IN THE CITY OF SANTA MONICA, 217 MOBILE HOME SPACES IN THE CITY OF YUCAIPA, 185 MOBILE HOME SPACES IN THE CITY OF INDIO AND 35 MOBILE HOME SPACES IN THE CITY OF THERMAL. THERE ARE 7 AFFORDABLE HOUSING PROJECTS LOCATED IN OREGON CITIES OF HUBBARD, HAPPY VALLEY, AND WOODBURN. THERE ARE 121 MOBILE HOME SPACES IN THE CITY OF WOODBURN, 105 MOBILE HOME SPACES IN THE CITY OF HUBBARD, AND 68 MOBILE HOME SPACES IN THE CITY OF HAPPY VALLEY. THERE IS AN AFFORDABLE HOUSING APPARTMENT COMPLEX UNDER CONSTRUCTION IN NAPA, CALIFORNIA.
Expenses $22,419,512 · Grants $287,012 · Revenue $23,324,994
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Carol McDermottCAROL MCDERMOTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Robert ThiergartnerROBERT THIERGARTNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tom RedwitzTOM REDWITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Christine DunfeyCHRISTINE DUNFEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Charles E PackardCHARLES E PACKARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tim CannonTIM CANNON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Robert R RedwitzROBERT R REDWITZ
CEO & CHAIRMAN OF BOARD
- Total calculated
- $0
- Hours/week
- 8
-
John MarkelJOHN MARKEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Therese BejotteTHERESE BEJOTTE
CHIEF OPERATING OFFICER
- Total calculated
- $280,951
- From this org
- $277,290
- From related orgs
- $0
- Other
- $3,661
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $277,290
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $3,661
- Filer's total
- $280,951
-
John WoolleyJOHN WOOLLEY
CHIEF INVESTING OFFICER
- Total calculated
- $182,445
- From this org
- $182,445
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,445
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $182,445
-
Penny SernaPENNY SERNA
CHIEF FINANCIAL OFFICER
- Total calculated
- $162,961
- From this org
- $160,873
- From related orgs
- $0
- Other
- $2,088
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,873
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $2,088
- Filer's total
- $162,961
-
Thomas MauroTHOMAS MAURO
CHIEF MISSION OFFICER
- Total calculated
- $101,565
- From this org
- $101,565
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jennifer E RivaJENNIFER E RIVA
VP OF FINANCE
- Total calculated
- $0
- Hours/week
- 2
-
Gabe ChavezGABE CHAVEZ
VP OF DEVELOPMENT
- Total calculated
- $138,159
- From this org
- $136,429
- From related orgs
- $0
- Other
- $1,730
- 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. 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
-
$246,212
RENTAL ASSISTANCE AND EDUCATION PROGRAMS FOR UNDERSERVED COMMUNITIES
-
SISTERS OF ST CLARE
$20,800
PROVIDING FUNDING FOR SISTER EYMARD
-
$20,000
PROVIDING FUNDING FOR STUDENTS
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.
-
CARITAS AFFORDABLE HOUSING INC
501(C)(3) · ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
-
501(C)(3) · ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CARITAS ACQUISITIONS I LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
-
CARITAS TOWNE & COUNTRY LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · DE
Directly controlled by THE CARITAS CORPORATION
-
CARITAS RANCHO DEL ARROYO LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · DE
Directly controlled by THE CARITAS CORPORATION
-
CARITAS ACQUISITIONS III LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
-
CARITAS ACQUISITIONS IV LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
-
CARITAS SILVER LANTERN LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
-
CARITAS ACQUISITIONS V LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
-
CARITAS ACQUISITIONS VI LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
-
CARITAS ACQUISITIONS VII LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
-
CARITAS ACQUISITIONS VIII LLC
ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING · CA
Directly controlled by THE CARITAS CORPORATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313199349308866
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.