Casa Carino is located in Long Beach, CA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casa Carino 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 06/2024, Casa Carino generated $343.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $467.0k during the year ending 06/2024. While expenses have increased by 5.0% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
LOW-INCOME HANDICAPPED HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
NON-ELDERLY PHYSICALLY HANDICAPPED APARTMENT HOUSING FOR APPROX 24 PEOPLE AND THEIR AIDES, ENABLING THEM TO LIVE INDEPENDENTLY. THEY PAY RENT AT 30% OF THEIR INCOME WITH THE BALANCE PAID VIA GOVERNMENT RENTAL ASSISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Whitehead President | OfficerTrustee | 1 | $0 |
Jose Reynoso Past President | Trustee | 1 | $0 |
Daniel Palacios Vice President | OfficerTrustee | 1 | $0 |
Allen Brown Secretary | OfficerTrustee | 1 | $0 |
Robert Soto Director | Trustee | 1 | $0 |
Teresa Gaspar Treasurer | OfficerTrustee | 1 | $0 |
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 | $341,119 |
Investment income | $28 |
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 | $343,369 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $64,601 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,421 |
Payroll taxes | $3,757 |
Fees for services: Management | $31,929 |
Fees for services: Legal | $4,422 |
Fees for services: Accounting | $14,210 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $14,071 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $222,103 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $19,014 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $64,710 |
Insurance | $22,572 |
All other expenses | $0 |
Total functional expenses | $466,960 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $74,450 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,635 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,431 |
Net Land, buildings, and equipment | $1,495,234 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,579,750 |
Accounts payable and accrued expenses | $596,952 |
Grants payable | $0 |
Deferred revenue | $267 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $286,228 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $7,759 |
Total liabilities | $891,206 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $2,592,700 |
Retained earnings, endowment, accumulated income, or other funds | -$1,904,156 |
Total liabilities and net assets/fund balances | $1,579,750 |