Cathedral Foundation And Community Services Inc
- Assets
- $4.9m
- Revenue
- $83.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 08/1981
- Data as of
- 12/2022
- EIN
- 38-2368359
Organization Overview
Cathedral Foundation And Community Services Inc, operating under the name The Cathedral Foundation, is located in Detroit, MI. The organization was established in 1981. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Cathedral Foundation 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 12/2022, Cathedral Foundation generated $83.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $127.1k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CATHEDRAL CHURCH OF ST. PAUL BY HELPING TO ADDRESS SPIRITUAL, SOCIAL, AND PRACTICAL NEEDS INCLUDING SUPPORT AND CARE FOR THE ELDERLY AND DISABLED, YOUTH EDUCATION AND THE ARTS; TO HELP ADDRESS POVERTY AND OTHER URBAN AND COMMUNITY CHALLENGES; AND TO FURTHER SUPPORT THE NEEDS OF THE CATHEDRAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CATHEDRAL FOUNDATION & COMMUNITY SERVICES, INC. PROVIDES SUPPORT TO THE CATHEDRAL CHURCH OF ST. PAUL AND ITS CONNECTED ORGANIZATIONS, AND THROUGH THEM TO THE COMMUNITY ON A NONPROFIT BASIS BY HELPING TO ADDRESS SPIRITUAL, SOCIAL, AND PRACTICAL NEEDS. THESE NEEDS INCLUDE SUPPORT AND CARE TO ENHANCE QUALITY OF LIFE FOR THE ELDERLY AND DISABLED, FOR YOUTH EDUCATION, ESPECIALLY IN THE ARTS, AND FOR MUSIC AND ARTS OFFERINGS TO THE COMMUNITY. THROUGH THE RECEIPT AND ADMINISTRATION OF FUNDS THE CF & CS WORKS WITH THE CATHEDRAL TO HELP ADDRESS HUNGER, HEALTHCARE, AND OTHER URBAN AND COMMUNITY CHALLENGES, AND FURTHER TO ADDRESS CATHEDRAL NEEDS.
CATHEDRAL COMMUNITY SERVICES ACTED AS THE FISCAL AGENT FOR THE CATHEDRAL CHOIR SCHOOL, AN AFTER-SCHOOL PROGRAM THAT PROVIDED MUSIC LESSONS TO APPROXIMATELY 102 CHILDREN DURING 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
The Very Reverend Scott Hunter Dean & Chairman | OfficerTrustee | 2 | $0 |
Glenn Miller President | OfficerTrustee | 1 | $0 |
James Edwards Director | Trustee | 1 | $0 |
Janice Dallalah Director | Trustee | 1 | $0 |
Beth Starring-Ott Treasurer | OfficerTrustee | 1 | $0 |
Carmen Williams Secretary | OfficerTrustee | 1 | $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 | $300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $4,370 |
| Investment income | $89,208 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,217 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $96,923 |
| Grants and other assistance to domestic individuals. | $755 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,356 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,228 |
| Fees for services: Other | $1,120 |
| Advertising and promotion | $0 |
| Office expenses | $597 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $88 |
| Total functional expenses | $127,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,408 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,507 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,115,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $300,000 |
| Investments—publicly traded securities | $2,155,434 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,910 |
| Total assets | $4,854,259 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $4,854,259 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,854,259 |