Archbishop Carroll Manor Inc
- Assets
- $9.4m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Lauderdale Lakes, FL
- Founding
- 01/1980
- Data as of
- 06/2023
- EIN
- 59-1876357
Organization Overview
Archbishop Carroll Manor Inc is located in Lauderdale Lakes, FL. The organization was established in 1980. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Archbishop Carroll Manor Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Archbishop Carroll Manor Inc 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, Archbishop Carroll Manor Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $2.8m during the year ending 06/2023. While expenses have increased by 4.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOW INCOME ELDERLY HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PROJECT CONSISTING OF RENTAL UNITS FOR LOW INCOME ELDERLY AND HANDICAPPED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Marcos Somarriba President | Trustee | 1 | $0 |
Rev Fernando Orejuela Director | Trustee | 1 | $0 |
Rev Eduardo Logiste Felix Director | Trustee | 1 | $0 |
Rev Juan J Sosa Director | Trustee | 1 | $0 |
Rev Samuel Muodiaju Director | Trustee | 1 | $0 |
Rev Fenly Saint Jean Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jwr Construction Services Inc Balconies Restoration | 6/29/23 | $2,271,119 |
Cedanos Services Corp Repair | 6/29/23 | $313,817 |
Mr Glass Doors & Windows Inc Windows Replacement Services | 6/29/23 | $183,587 |
Catholic Housing Management Management & Bookkeeping Services | 6/29/23 | $305,501 |
Florida Lemar Corporation Structural Repairs | 6/29/23 | $150,333 |
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 | $4,216,100 |
| Investment income | $2,468 |
| 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 | $4,218,568 |
| 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 | $262,535 |
| Pension plan accruals and contributions | $14,710 |
| Other employee benefits | $25,951 |
| Payroll taxes | $19,024 |
| Fees for services: Management | $301,802 |
| Fees for services: Legal | $12,582 |
| Fees for services: Accounting | $28,987 |
| 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 | $125,275 |
| 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 | $1,842 |
| Interest | $170,553 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $350,318 |
| Insurance | $254,970 |
| All other expenses | $108,751 |
| Total functional expenses | $2,831,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $628,398 |
| Savings and temporary cash investments | $841,802 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,762 |
| 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 | $311,204 |
| Net Land, buildings, and equipment | $7,530,880 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $72,740 |
| Total assets | $9,391,786 |
| Accounts payable and accrued expenses | $160,854 |
| Grants payable | $0 |
| Deferred revenue | $39 |
| 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 | $3,744,865 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $72,740 |
| Total liabilities | $3,978,498 |
| Net assets without donor restrictions | $5,413,288 |
| 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 | $9,391,786 |