The Caritas Corporation

Nonprofit profile at a glance

EIN
330694603
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Irvine, CA, US
Phone
(949) 727-0568
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$28,197,121
Expenses
$27,787,679
Assets
$201,156,031
Liabilities
$212,157,128

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

Leadership & pay

12 people listed

Executive titles in this filing

  • ROBERT R REDWITZ (CEO & CHAIRMAN OF BOARD)

Highest reported compensation

  • THERESE BEJOTTE (CHIEF OPERATING OFFICER): $256,119 total reported compensation
  • PENNY SERNA (CHIEF FINANCIAL OFFICER): $173,277 total reported compensation
  • GABE CHAVEZ (VP OF DEVELOPMENT): $151,120 total reported compensation

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

Overview

Mission

Caritas, as a nonprofit, unites people with a purpose to preserve affordable communities that uplift and empower our residents.

What it reported doing in 2024

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 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, thermal, napa valley, and chatsworth, 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, 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 apartment complex with 20 units in napa valley. There are a total of 198 mobile home spaces available in the city of chatsworth.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 68
  • Accountability: 87
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.7%; rating input score 87
  • Program expense ratio: 90%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 84.6%; rating input score 85; 0th 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: 93%; rating input score 93; 22nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 19th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.5%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 7.24; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 1.05; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 7.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 6.5% per year; rating input score 100; 46th percentile among comparable filings

Details

  • What they do: 9 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 86.7% of revenue deployed · 90% of spending went to programs
  • Governance: 6 of 7 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $25M in reported program spending
  • Leadership: top reported pay $256K · 12 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.6M reported
  • Consistency: 29 of 31 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 15 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 — Sustainability: Operating margin scored 40/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.