Cathedral Foundation Of Jacksonville Inc

Organization Overview

Cathedral Foundation Of Jacksonville Inc, operating under the name Aging True, is located in Jacksonville, FL. The organization was established in 1965. According to its NTEE Classification (P19) the organization is classified as: Support N.E.C., under the broad grouping of Human Services and related organizations. As of 09/2021, Aging True employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aging True 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 09/2020, Aging True generated $6.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $5.5m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO PROVIDE ESSENTIAL AND INNOVATIVE RESOURCES FOR INDIVIDUALS, FAMILIES, AND COMMUNITIES TO PREPARE FOR AND SUPPORT GRACEFUL AGING. THIS IS ACCOMPLISHED THROUGH OWNERSHIP AND OPERATION OF SUBSIDIZED SENIOR HOUSING AND HANDICAPPED HOUSING AND BY PROVIDING ACCOUNTING, ADMINISTRATIVE AND OTHER SUPPORT SERVICES TO OTHER NON-PROFIT ENTITIES THAT PROVIDE SERVICES TO ELDERS IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES FOOD PREPARATION SERVICES UNDER SERVICE CONTRACTS TO URBAN JACKSONVILLE, INC.FRO THE MEALS ON WHEELS PROGRAM, THE CITY OF JACKSONVILLE FOR SENIOR CENTER CONGREGATE MEAL SITES AND TO CATHEDRAL GERONTOLOGY CENTER, INC FOR THEIR NURSING HOME RESIDENTS. DURING THE YEAR ENDED 9/30/21, THE FOOD SERVICES DEPARTMENT PREPARED AND PROVIDED 273,432 MEALS TO URBAN JACKSONVILLE, INC., 97,623 MEALS TO CATHEDRAL GERONTOLOGY CENTER, INC. AND 166,798 MEALS WERE ALSO PREPARED AND PROVIDED TO THE CITY OF JACKSONVILLE SENIOR CENTERS AND OTHER SENIOR MEAL SITES IN THE JACKSONVILLE AREA.


THE ORGANIZATION PROVIDES ADMINISTRATIVE AND BOOKKEPING SERVICES TO URBAN JACKSONVILLE, INC AND ITS VARIOUS OPERATING DIVISIONS, AS WELL AS TO THE THIRD PARTY OPERATION CATHEDRAL GERONTOLOGY CENTER, INC., WHICH LEASES A SKILLED NURSING FACILITY FROM THE ORGANIZATION.URBAN JACKSONVILLE, INC., ITS SUBSIDIARY HOME HEALTH AGENCY AND SUBSIDIARY CLAY COUNTY SENIOR SERVICES OF AGING TRUE ALL PAY MANAGEMENT AND BOOKKEEPING FEES TO THE ORGANIZATION OF A 70%-30% RATIO PROPORTIONED TO THE REVENUES EARNED, AS DOESTHE FOOD SERVICES DIVISION OF CFI. THE CATHEDRAL GERONTOLOGY CENTER, INC. PAYS A CONTRACT FEE OF 6.5% OF ITS ANNUAL REVENUE NET OF QUALITY ASSESSMENT FEES AND EXTRAORDINARY INCOME ITEMS SUCH AS STIMULUS PAYMENTS.


THE ORGANIZATION IS THE FISCAL AGENT FOR THE FLORIDA SELF DIRECTED CARE PROGRAM FOR DISTRICT 4. THEPROGRAM PROMOTES SELF-DETERMINATION, RECOVERY AND FULL INCLUSION OF PEOPLE WHO HAVE BEEN DIAGNOSEDWITH A MENTAL ILLNESS AND DEPEND ON GOVERNMENT SUBSIDIZED MENTAL WELLNESS SERVICES. FUNDS ARE UTILIZED TO PURCHASE PSYCHIATRIC AND MENTAL WELLNESS CARE, AS WELL AS ALTERNATIVE AND NON-TRADITIONAL SERVICES THAT RESULT IN THE SAME SUCCESSES AS TRADITIONAL MENTAL HEALTH SERVICES. DURING THE TWELVE MONTHS ENDED9/30/21, THE PROGRAM PURCHASED SERVICES FOR 87 PARTICIPANTS.


AMONG OTHER SERVICES, THE ORGANIZATION OWNS AND LEASES A 120 BED SKILLED NURSING FACILITY TO A THIRD-PARTY OPERATOR, CATHEDRAL GERONTOLOGY CENTER, INC. AND A MEDICAL OFFICE BUILDING TO A PHYSICIANS' GROUP OPERATING UNDER THE AUSPICES OF A LOCAL CORPORATE MEDICAL CENTER.


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Board, Officers & Key Employees

Name (title)Compensation
Teresa K Barton
Ceo/exec. Di
$289,228
Lee E Wilson
CFO
$155,553
Samuel Hall
Hr Director
$131,466
Rebecca L Berg
Chair/direct
$0
Katherine B Moorehead
Vice Chair/d
$0
Dr Whitney George
Secretary/di
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$768,258
Investment income $269,692
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $133
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 $6,127,257

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Cathedral Foundation Of Jacksonville Inc has recieved totaling $99,219.

Awarding OrganizationAmount
The Community Foundation For Northeast Florida Inc

Jacksonville, FL

PURPOSE: FOR MEALS ON WHEELS FOOD PREPARATION AND DELIVERY

$50,000
Meals On Wheels Charitable Tr

Fernandina Beach, FL

PURPOSE: ENABLE THE ORGANIZATION TO PROVIDE MEALS TO ELDERLY AND DISABLED INVIDIUALS

$38,400
The Community Foundation For Northeast Florida Inc

Jacksonville, FL

PURPOSE: IN SUPPORT OF PROGRAMS FOR THE ELDERLY

$10,770
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$49
View Grant Recipient Profile

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