Form 990 for tax year 2022
Filed by VILLA CARIDAD.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2022 , filed 13 November 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $923,760 changed to $480,650
- Total expenses
- $1,782,410 changed to $907,693
- Contributions and grants received
- $496,711 changed to $260,981
- Program service revenue
- $426,918 changed to $219,564
- Investment income
- $131 changed to $105
- Total assets, end of year
- $9,542,414 changed to $9,181,123
- Total liabilities, end of year
- $3,237,411 changed to $3,303,163
- Net assets or fund balances, end of year
- $6,305,003 changed to $5,877,960
- Program services expenses
- $1,782,410 changed to $907,693
- Program service expenses (Part III)
- $1,782,410 changed to $907,693
Totals
- Total revenue
- $923,760
- Total expenses
- $1,782,410
- Contributions and grants received
- $496,711
- Grants paid
- $0
- Program service revenue
- $426,918
- Investment income
- $131
- Other revenue
- $0
- Total assets, end of year
- $9,542,414
- Total liabilities, end of year
- $3,237,411
- Net assets or fund balances, end of year
- $6,305,003
- Program services expenses (Part IX)
- $1,782,410
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,782,410
Program services were 100.0% 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)
$496,711
-
2a · Program service revenue: APARTMENT RENTS
total $420,482 · related or exempt $420,482
-
2b · Program service revenue: LAUNDRY AND VENDING
total $5,590 · related or exempt $5,590
-
2c · Program service revenue: MISCELLANEOUS
total $846 · related or exempt $846
-
3 · Investment income
total $131 · excluded $131
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $243,699 · program services $243,699
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $77,152 · program services $77,152
-
11b · Fees: legal
total $14,149 · program services $14,149
-
11c · Fees: accounting
total $30,552 · program services $30,552
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $624 · program services $624
-
13 · Office expenses
total $19,985 · program services $19,985
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $375,661 · program services $375,661
-
17 · Travel
total $3,644 · program services $3,644
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $60,000 · program services $60,000
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $792,060 · program services $792,060
-
23 · Insurance
total $70,687 · program services $70,687
-
24a · Other expenses: SUPPLIES
total $50,361 · program services $50,361
-
24b · Other expenses: MISC ADMINISTRATIVE
total $26,199 · program services $26,199
-
24c · Other expenses: TELEPHONE
total $11,183 · program services $11,183
-
24d · Other expenses: COPIER RENTAL
total $3,126 · program services $3,126
-
24e · All other expenses
total $3,328 · program services $3,328
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $67,163 · end of year $24,778
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $14 · end of year $19,177
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $46,735 · end of year $22,594
-
10a · Land, buildings and equipment: cost or other basis
$20,806,884
-
10b · Land, buildings and equipment: accumulated depreciation
$12,562,932
-
10c · Land, buildings and equipment, net
beginning of year $9,034,085 · end of year $8,243,952
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,158,777 · end of year $1,231,913
-
17 · Accounts payable and accrued expenses
beginning of year $72,270 · end of year $95,874
-
19 · Deferred revenue
beginning of year $96 · end of year $1,048
-
23 · Secured mortgages and notes payable
beginning of year $3,037,677 · end of year $3,107,597
-
25 · Other liabilities
beginning of year $33,078 · end of year $32,892
-
27 · Net assets without donor restrictions
beginning of year -$4,485,788 · end of year -$4,893,492
-
28 · Net assets with donor restrictions
beginning of year $11,649,441 · end of year $11,198,495
Mission and programs · 2022
Mission
VILLA CARIDAD IS A NONPROFIT PUBLIC BENEFIT CORPORATION ESTABLISHED TO DEVELOP, CONSTRUCT, AND OPERATE A 95 UNIT AFFORDABLE HOUSING PROJECT FOR LOW-INCOME SENIORS UNDER SECTION 202 OF THE HOUSING ACT OF 1959, AND IS SUBJECT TO OVERSIGHT BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
-
VILLA CARIDAD LEASES AND OPERATES A 95 UNIT SENIOR HOUSING APARTMENT BUILDING IN THE CITY OF SANTA BARBARA THAT PROVIDES LOW INCOME HOUSING, RECREATIONAL OPPORTUNITIES, AND A SHARED COMMUNITY TO SENIOR CITIZENS WHO QUALIFY.
Expenses $1,782,410 · Revenue $426,918
As filed on the 2022 return.
Listed in Part VII
-
Rosa ParedesROSA PAREDES
President
- Total calculated
- $269,486
- From this org
- $0
- From related orgs
- $251,206
- Other
- $18,280
- Hours/week
- 8 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $251,206 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $18,280 related
- Filer's total
- not reported + $269,486 related
-
Mary ManzoMARY MANZO
Vice President
- Total calculated
- $126,763
- From this org
- $0
- From related orgs
- $108,424
- Other
- $18,339
- Hours/week
- 8 + 40 related
-
Sr Betty Marie Dunkel DcSR BETTY MARIE DUNKEL DC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sr Margaret Keaveney DcSR MARGARET KEAVENEY DC
Director
- Total calculated
- $0
- Hours/week
- 4
-
Martha VitalariMARTHA VITALARI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sr Arthur Gordon DcSR ARTHUR GORDON DC
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2
-
Grace StankevitzGRACE STANKEVITZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeanne WestJEANNE WEST
Secretary
- Total calculated
- $0
- Hours/week
- 2
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
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.
-
501 (c)(3) · SOCIAL AGENCY/CHURCH · CA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 March 2023
- IRS schema version
- 2022v5.0
- Source object
- 202310869349300971
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