Catholic Charities Housing Inc

Nonprofit profile at a glance

EIN
593201112
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Seminole, FL, USA
Phone
7278931314
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$3,358,091
Expenses
$4,269,777
Assets
$22,687,582
Liabilities
$9,337,663

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • REV MSGR ROBERT MORRIS VG (PRESIDENT)

Highest reported compensation

  • MAGGIE ROGERS (SECRETARY): $164,912 total reported compensation
  • JAMES WAYNE (CFO/TREASURER): $111,052 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide housing for geographic areas served by the roman catholic diocese of st petersburg, including, but not limited to, the ability to construct, rehabilitate or otherwise develop housing and/or office facilities. This shall include, but not be limited to , all forms of facilities for children, adults, families, elderly and handicapped persons.

What it reported doing in 2024

The organization develops, manages and maintains properties that house the social ministries of catholic charities, diocese of st petersburg, inc. These ministries include housing and supportive services for the poor, people with AIDS, the elderly, low-income persons, new entrants to our country, pregnant women, victims of natural disasters and other persons in need. The organization also provides homeownership assistance to qualified home buyers. Monies gifted are wired directly to the closing agent in the buyer's name when the program requirements have been met. There are no income limits, geographic restrictions or asset restrictions. Down payment assistance is provided nationwide. Pinellas hope was established in partnership with the interfaith community, local government, business and other non-profits to assist the homeless with 250 units of emergency shelter. Clients are assisted with food, transportation, employment and benefits, assistance and case management services. Pinellas hope ii consists of 80 efficiency units. This project targets the special need for the homeless, and 30% of the units are dedicated to those below 33% area median income for pinellas county. The development includes a community building, which incorporates offices for service delivery by the agencies servicing the tenants. It also provides an employment readiness program and financial management classes. Adjacent to the building opening to the outside is a roofed open-air pavillion to accommodate 350 sit down down style meetings and provides space for the residents to eat their daily meals. This facility also provides indoor showers, restrooms, a computer room, library and prep kitchen. During the fiscal year, 1500 clients were served.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
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.
  • 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. 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: 89
  • Transparency & Controls: 71
  • Accountability: 61
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • 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: 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: 33.3%; rating input score 33; 7th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -27.1%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 5.31; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 80; 80th percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 1 of 3 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $4.3M in reported program spending
  • Leadership: top reported pay $165K · 3 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 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.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.