Cardinal Ritter Institute Residential Services Corporation
- Assets
- $562.1k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2023
- EIN
- 43-1235755
Organization Overview
Cardinal Ritter Institute Residential Services Corporation is located in St Louis, MO. The organization was established in 1946. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Cardinal Ritter Institute Residential Services 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 06/2023, Cardinal Ritter Institute Residential Services Corporation generated $1.7m 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 (8.6%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING THE HEALING, HELP, AND HOPE OF JESUS CHRIST TO THOSE IN NEED WITH A COMPASSIONATE, CARING PRESENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRSS AND CRI-RSC'S ASSISTED LIVING FACILITIES OFFER INDEPENDENCE WITH A LITTLE HELP. EACH LOCATION IS AN ASSISTED LIVING FACILITY LICENSED BY THE STATE OF MISSOURI. TWENTY-FOUR HOUR SUPERVISION AND SECURITY, THREE NUTRITIOUS MEALS DAILY, MEDICATION STORAGE AND DISTRIBUTION, PERSONAL CARE ASSISTANCE, BEAUTICIAN SERVICES, LAUNDRY, HOUSEKEEPING, TRANSPORTATION FOR ACTIVITIES AND AN EMERGENCY CALL SYSTEM ARE AMONG THE MANY SERVICES AVAILABLE TO RESIDENTS.
CRI-RSC'S HOUSING MANAGEMENT PROGRAM PROVIDES A VARIETY OF RESIDENT LICENSED PROGRAMS AND SERVICES, AND ASSISTS IN THE OPERATIONS AND MANAGEMENT OF THE MANY INDEPENDENT APARTMENT BUILDINGS RUN BY CRSS. THIS PROGRAM ALSO WORKS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) TO CONTINUE TO DEVELOP NEW PROPERTIES TO MEET THE HOUSING NEEDS OF EXTREMELY AND VERY LOW INCOME SENIOR ADULTS IN ST. LOUIS.
CRI-RSC PROVIDES ACTIVITIES FOR RESIDENTS OF THE MANY INDEPENDENT APARTMENT BUILDINGS RUN BY CRSS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Rumph Board President | OfficerTrustee | 0.1 | $0 |
Sr Renita Brummer Board Vice-President | OfficerTrustee | 0.1 | $0 |
Dr Mike Nash Board Secretary | OfficerTrustee | 0.1 | $0 |
Chris Baechle Ceo/asst Secretary | OfficerTrustee | 1 | $0 |
Daniel Wienstroer Board Treasurer | OfficerTrustee | 0.1 | $0 |
Jared Bryson Ex-Officio, Catholic Charities | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tony Marino Catering Food Service | 6/29/17 | $208,859 |
Nd Consulting Consultants | 6/29/17 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $188,717 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $33,564 |
| Government grants | $137,352 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,650 |
| Noncash contributions included in lines 1a–1f | $83,986 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $419,283 |
| Total Program Service Revenue | $1,297,601 |
| Investment income | $2,905 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$962 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,723,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $76,537 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,817 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $487,652 |
| Pension plan accruals and contributions | $21,633 |
| Other employee benefits | $82,252 |
| Payroll taxes | $43,052 |
| Fees for services: Management | $56,208 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $454,544 |
| Advertising and promotion | $440 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $304,504 |
| 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 | $16,282 |
| Insurance | $26,744 |
| All other expenses | -$2,159 |
| Total functional expenses | $2,104,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $551 |
| Savings and temporary cash investments | $392,730 |
| Pledges and grants receivable | $94,359 |
| Accounts receivable, net | $18,864 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,973 |
| Total assets | $562,116 |
| Accounts payable and accrued expenses | $56,368 |
| Grants payable | $0 |
| Deferred revenue | $5,580 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $34,438 |
| 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 | $710,887 |
| Total liabilities | $807,273 |
| Net assets without donor restrictions | -$355,393 |
| Net assets with donor restrictions | $110,236 |
| 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 | $562,116 |
Grants Awarded
Over the last fiscal year, Cardinal Ritter Institute Residential Services Corporation has awarded $81,940 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC HIGH SCHOOL ASSOCIATION PURPOSE: SUPPORT MISSION | $16,998 |
ARCHDIOCESE OF ST LOUIS PURPOSE: SUPPORT MISSION | $64,942 |