Cathedral Square
Legal name: Cathedral Square Corporation
Nonprofit profile at a glance
- EIN
- 030264362
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- South Burlington, VT, United States
- Phone
- 802-863-2224
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $26,191,010
- Expenses
- $17,681,888
- Assets
- $52,310,498
- Liabilities
- $28,053,817
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- TIM SAMPSON (PRESIDENT)
- SARAH MUYSKENS (VICE PRESIDENT)
- KIM FITZGERALD (CEO)
Highest reported compensation
- KIM FITZGERALD (CEO): $164,100 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Creating healthy homes, caring communities and positive aging. Cathedral Square provides beautiful, safe, affordable homes with compassionate care, empowering our communities to live with purpose, dignity, and a sense of belonging. Our Vision. Teamwork & Collaboration**: We build and maintain strong relationships with each other and with those outside our organization, recognizing that the collective efforts of our board, staff, partners, participants, residents, and friends are necessary in order to achieve our vision. Integrity** : We act honestly and ethically in all aspects of our work. We manage our resources for the maximum benefit of those we serve. Growth** : Our culture is one of continuous improvement. To the greatest extent possible, we support our employees and residents in achieving their goals and aspirations.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.9%; rating input score 60
- Program expense ratio: 88.1%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 32.5%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 2.96; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.54; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0.9%; rating input score 86; 86th percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 63rd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site
- Where the money goes: 59.9% of revenue deployed · 88.1% of spending went to programs
- Governance: 14 of 14 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $15.6M in reported program spending
- Leadership: top reported pay $164K · 15 people listed · 1 of 6 pay-setting controls reported
- Consistency: 36 of 36 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 16 filed money-flow records
- Related organizations: 41 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Sustainability: Liabilities to assets ratio scored 26/100.