Caritas Villa FY2020 filing

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The corporation provides low-income housing to elderly and disabled persons via a 30-unit apartment complex. The corporation offers comfort, security, and a clean environment to enhance the quality of life. The project receives financing through the u.s. Department of housing and urban development, which, among other things, controls the rents of the project.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-0986405) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $28K a year · 6% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
97% of spending went to programs.
Pt IX · Ln 25 · col B
7.9 mo
of spending, in cash
7.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.6M
135% of total assets
Liabilities are 135% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$373K
Spent
$411K
To programs
97%
Net assets
−$405K
By yearFY2020–FY2025
Revenue
$373K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$373K
FY2021$401K
FY2022$414K
FY2023$452K
FY2024$494K
FY2025$468K
Expenses
$411K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$411K
FY2021$478K
FY2022$416K
FY2023$432K
FY2024$483K
FY2025$552K
Net assets
−$405K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$405K
FY2021−$481K
FY2022−$483K
FY2023−$463K
FY2024−$451K
FY2025−$534K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $397K Management & general 3% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Caritas Villa executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides affordable, secure apartments for low-income seniors and disabled individuals.

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1 program · $397K · in their own filed words · FY2019
01

The corporation provides low-income housing to elderly and disabled persons via a 30-UNIT apartment complex. The corporation offers comfort, security, and a clean environment to enhance the quality of life. The project receives financing through the U.S.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-0986405) · Dispute this line
$397Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $49K · 2019–2020
Catholic CharitiesOR · FY2020$21,257
Catholic CharitiesOR · FY2019$27,564

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $1.8M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$1.4M
Project-Based Rental Assistance (pbra)Department of Housing and Urban Development · ALN 14.195 · Direct$321K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$21K

The auditor reported no findings.

Year ending Jun 2024 · $1.9M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$1.4M
Project-Based Rental Assistance (pbra)Department of Housing and Urban Development · ALN 14.195 · Direct$355K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$59K

The auditor reported no findings.

Year ending Jun 2023 · $1.8M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$1.5M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$320K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$38K

The auditor reported no findings.

Year ending Jun 2022 · $1.8M federal money spent
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$1.5M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$249K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$36K

The auditor reported 1 finding: a weakness in money controls.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$373K
Ln 12
Gifts and grantsLn 1h$284K
Fees for servicesLn 2g$89K
Investment incomeLn 3$214
Money outPt IX
$411K
Ln 25
Programscol B$397K
Managementcol C$14K
Owns and owesPt X
−$405K
net assets · Ln 32
Cash and savingsLn 1–2$271K
Total assetsLn 16$1.2M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$284K
Government grantsLn 1e$273K
Fees for servicesLn 2g$89K
Investment incomeLn 3$214
Total revenueLn 12$373K
Assets in detailPt X, end of year
CashLn 1$39K
SavingsLn 2$232K
Cash and savings togetherLn 1–2$271K
Accounts receivableLn 4$719
Prepaid expenses and deferred chargesLn 9$7K
Land, buildings, equipmentLn 10c$797K
Intangible assetsLn 14$85K
Total assetsLn 16$1.2M
LiabilitiesLn 26$1.6M
Net assetsLn 32−$405K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$274K$271K
Land, buildings, equipmentLn 10c$853K$797K
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$1.5M$1.6M
Net assetsLn 32−$367K−$405K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$28K$28K
Management feesLn 11a$23K$23K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$618$618
Office expensesLn 13$16K$16K
OccupancyLn 16$22K$22K
InterestLn 20$65K$65K
Depreciation, depletion and amortizationLn 22$75K$75K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$146K$146K
All other expensesLn 24e$14K$11K$3K
Total functional expensesLn 25$411K$397K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 4, 2026 $468K$552K−$83K−$534K 990 PDF
FY2024Filed with the IRS Jan 15, 2025 $494K$483K$12K−$451K 990 PDF
FY2023Filed with the IRS Nov 15, 2023 $452K$432K$20K−$463K 990 PDF
FY2022Filed with the IRS Mar 7, 2023 $414K$416K−$1K−$483K 990 PDF
FY2021Filed with the IRS May 10, 2022 $401K$478K−$76K−$481K 990 PDF
FY2020 ViewingFiled with the IRS May 11, 2021 $373K$411K−$38K−$405K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $373,208 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $274,726$284,320
I-9 Program service revenuePrior year $351,220$88,674
I-10 Investment incomePrior year $188$214
I-11 Other revenue$0
I-12 Total revenuePrior year $626,134$373,208
I-13 Grants and similar amounts paidPrior year $15,515$27,564
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $354,137$383,377
I-18 Total expensesPrior year $369,652$410,941
I-19 Revenue less expensesPrior year $256,482−$37,733
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $373,208 across 6 lines filed
VIII-1e Government grants$272,894
VIII-1f All other contributions, gifts and grants$11,426
VIII-1h Total contributions, gifts and grants$284,320
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $88,674$88,674
VIII-3 Investment incomeExcluded from tax $214$214
VIII-12 Total revenueRelated to mission $88,674 · Excluded from tax $214$373,208
Part IX · Statement of functional expenses $410,941 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $27,564$27,564
IX-11a Management feesPrograms $22,660$22,660
IX-11b Legal feesManagement $3,240$3,240
IX-11c Accounting feesManagement $7,628$7,628
IX-12 Advertising and promotionPrograms $618$618
IX-13 Office expensesPrograms $15,612$15,612
IX-16 OccupancyPrograms $21,818$21,818
IX-20 InterestPrograms $65,203$65,203
IX-22 Depreciation, depletion and amortizationPrograms $74,581$74,581
IX-23 InsurancePrograms $11,557$11,557
IX-24 Other expenses (24a–d)Programs $146,286$146,286
IX-24e All other expensesPrograms $11,142 · Management $3,032$14,174
IX-25 Total functional expensesPrograms $397,041 · Management $13,900 · Fundraising $0$410,941
Part X · Balance sheet $1,161,493 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $274,468$38,984
X-2 Savings and temporary cash investments$232,054
X-4 Accounts receivableStart of year $1,744$719
X-9 Prepaid expenses and deferred chargesStart of year $6,373$7,283
X-10c Land, buildings and equipment, netStart of year $852,533$797,133
X-14 Intangible assets$85,320
X-16 Total assetsStart of year $1,135,118$1,161,493
X-17 Accounts payable and accrued expensesStart of year $46,970$43,976
X-19 Deferred revenue$86
X-23 Secured mortgages and notes payableStart of year $1,443,960$1,510,349
X-25 Other liabilitiesStart of year $11,153$11,780
X-26 Total liabilitiesStart of year $1,502,083$1,566,191
X-27 Net assets without donor restrictionsStart of year −$366,965−$404,698
X-32 Total net assets or fund balancesStart of year −$366,965−$404,698
X-33 Total liabilities and net assetsStart of year $1,135,118$1,161,493
Part XI · Reconciliation of net assets −$404,698 net assets at year end
XI-1 Total revenue$373,208
XI-2 Total expenses$410,941
XI-3 Revenue less expenses−$37,733
XI-4 Net assets at start of year−$366,965
XI-10 Net assets at end of year−$404,698

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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