Catherine Booth Residence Inc a Fl Corp
Nonprofit profile at a glance
- EIN
- 582271714
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Brookhaven, GA, USA
- Phone
- 4047281300
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $1,420,176
- Expenses
- $1,560,740
- Assets
- $4,273,975
- Liabilities
- $8,272,755
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- DEBORAH SEDLAR (DIRECTOR / VICE PRESIDENT)
- KELLY IGLEHEART (DIRECTOR / PRESIDENT)
- RALPH BUKIEWICZ (FORMER DIRECTOR / FORMER PRESIDENT)
- WILLIS HOWELL (FORMER DIRECTOR / FORMER PRESIDENT)
Highest reported compensation
- DEBORAH SEDLAR (DIRECTOR / VICE PRESIDENT): $289,295 total reported compensation
- MARK ISRAEL (FORMER DIRECTOR): $182,110 total reported compensation
- JAMES SEILER (FORMER DIRECTOR / FORMER TREASURER): $155,385 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide affordable housing for the elderly, handicapped and disabled.
What it reported doing in 2024
Organized to own and operate a combined 125 unit apartment facility for the elderly and disadvantaged in orlando, Florida.
Operating model
- Revenue model
- Grant-funded. 71% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 60
- Accountability: 42
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.3%; rating input score 92
- Program expense ratio: 83.9%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -9.9%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 2.74; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 1.94; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 16.2%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 92.3% of revenue deployed · 83.9% of spending went to programs
- Governance: 0 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $289K · 19 people listed · 0 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 18 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.