Caritas Housing Corporation

Organization Overview

Caritas Housing Corporation is located in Hicksville, NY. The organization was established in 2013. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caritas Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, Caritas Housing Corporation generated $499.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 64.3% each year . All expenses for the organization totaled $265.5k during the year ending 09/2023. While expenses have increased by 0.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE HOUSING AND RELATED SERVICES FOR PERSONS WHO ARE ECONOMICALLY AND FINANCIALLY DISADVANTAGED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS IN THE PROCESS OF PROVIDING FUNDS NECESSARY TO OTHER NONPROFIT ORGANIZATIONS THAT HAVE THE SAME MISSION OF PROVIDING AFFORDABLE HOUSING TO THOSE WHO ARE ECONOMICALLY AND FINANCIALLY DISADVANTAGED. THE NONPROFIT ORGANIZATIONS RECEIVING THE FUNDS ARE PROVIDING AFFORDABLE HOUSING AND RELATED SERVICES FOR PERSONS OF LIMITED MEANS OR SPECIAL NEEDS IN LONG ISLAND, NEW YORK, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Smith
President
$0
Richard Balcom
Treasurer
$0
Robert J Ahlstrom Jr
Trustee
$0
William G Chapin
Trustee
$0
Maryanne Fitzgerald
Trustee
$0
Steven Pietrowski
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $498,994
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $498,994

Grants Awarded

Over the last fiscal year, Caritas Housing Corporation has awarded $358,000 in support to 2 organizations.

Grant RecipientAmount

CATHOLIC CHARITIES OF THE ROMAN CATHOLIC DIOCESE OF ROCKVILLE CENTRE

PURPOSE: TO REIMBURSE COSTS PAID BY THE DONEE FOR AFFORDABLE HOUSING AND RELATED SERVICES PROVIDED TO PERSONS OF LIMITED MEANS OR SPECIAL NEEDS IN LONG ISLAND, NEW YORK, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS.

$208,000

ST ANNE'S GARDENS HOUSING DEVEVELOPMENT FUND CO INC

PURPOSE: TO FURTHER THE ORGANIZATION'S MISSION.

$150,000
View Grant Profile

Peer Organizations

Organization NameAssets
Vermont Housing Finance Agency
Burlington, VT
$39,283,323
Massachusetts Housing Investment Corp
Boston, MA
$16,061,783
Bluehub Loan Fund Inc
Boston, MA
$19,137,908
The Housing Partnership Fund Inc
Boston, MA
$11,149,033
Bridgeport Neighborhood Trust Inc
Bridgeport, CT
$4,785,783
Housing Development Fund Inc
Stamford, CT
$3,366,920
Charles T Sitrin Network Of Homes & Services Inc
New Hartford, NY
$2,636,304
Community Lenders Community Development Corporation
Souderton, PA
$2,531,165
St Andrews Housing Dev Fund Co
Bronx, NY
$1,652,075
Brethren Home Foundation
New Oxford, PA
$4,411,506
Concorse Gardens Housing Development Fund Company Inc
New York, NY
$1,528,911
Our Lady Of Fatima Apartments Housing Dev Fund Company Inc
Brooklyn, NY
$1,035,179
American Friends Of Belz Inc
Brooklyn, NY
$825,824
Community Lending Partners Of New Jersey Inc
New Brunswick, NJ
$1,103,829
384 Grand Street Housing Development Fund Company Inc
New York, NY
$749,334
Build Love And Hope Inc
North Arlington, NJ
$987,226
Cucs Initiatives Inc
New York, NY
$803,283
Waterbury Housing Fund Inc
Waterbury, CT
$584,377
Smokey Hollow Housing Development Fund Company Inc
Syracuse, NY
$387,999
Habitat For Humanity Nyc Fund Inc
New York, NY
$613,393
St Paul Housing Development Fund Inc
Tivoli, NY
$333,459
Caritas Housing Corporation
Hicksville, NY
$498,994
From The Heart Fund
Suffern, NY
$220,139
American Russian Children Home Foundation Inc
Bronx, NY
$136,253
Lillian M & Frank M Taylor Charitable Tr
Pennington, NJ
$265,298

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