Catholic Charities Housing Association Of Biloxi Inc
- Assets
- $28.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Biloxi, MS
- Founding
- 08/1969
- Data as of
- 09/2023
- EIN
- 64-0506632
Organization Overview
Catholic Charities Housing Association Of Biloxi Inc, operating under the name Villa Maria & Santa Maria Del Mar Ap, is located in Biloxi, MS. The organization was established in 1969. 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. Villa Maria & Santa Maria Del Mar Ap 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 09/2023, Villa Maria & Santa Maria Del Mar Ap generated $3.2m 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 $3.7m during the year ending 09/2023. 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 PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND HANDICAPPED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OWNS AND OPERATES SANTA MARIA DEL MAR APARTMENTS, A 209 UNIT APARTMENT PROPERTY LOCATED IN BILOXI, MISSISSIPPI, AND VILLA MARIA APARTMENTS, A 198 UNIT APARTMENT PROPERTY LOCATED IN OCEAN SPRINGS, MISSISSIPPI, UNDER SECTIONS 8 AND 202 OF THE NATIONAL HOUSING ACT. UNDER THESE PROGRAMS, HOUSING IS PROVIDED TO LOW INCOME ELDERLY OR HANDICAPPED RESIDENTS.
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 |
|---|---|---|---|
Most Rev Louis Kihneman III President | OfficerTrustee | 3 | $0 |
Very Rev Vincent Ajayi Vice President | OfficerTrustee | 3 | $0 |
Rev John Mcgrath Secretary | OfficerTrustee | 3 | $0 |
Tammy Dilorenzo Treasurer | OfficerTrustee | 3 | $0 |
Rachel Alston Member | Trustee | 1 | $0 |
Mike Harris Member | Trustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,110,422 |
| Investment income | $50,419 |
| 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 | $3,160,841 |
| 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 | $458,423 |
| Pension plan accruals and contributions | $32,041 |
| Other employee benefits | $109,295 |
| Payroll taxes | $34,009 |
| Fees for services: Management | $283,063 |
| Fees for services: Legal | $4,085 |
| Fees for services: Accounting | $14,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $190 |
| Office expenses | $49,148 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $811,794 |
| Travel | $714 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,023 |
| Interest | $16,799 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $853,577 |
| Insurance | $662,219 |
| All other expenses | $152,810 |
| Total functional expenses | $3,698,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,276,399 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,722 |
| 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 | $112,177 |
| Net Land, buildings, and equipment | $24,982,809 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,146,170 |
| Total assets | $28,519,277 |
| Accounts payable and accrued expenses | $256,912 |
| Grants payable | $0 |
| Deferred revenue | $4,247 |
| 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 | $729,823 |
| Other liabilities | $139,797 |
| Total liabilities | $1,130,779 |
| Net assets without donor restrictions | $27,388,498 |
| 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 | $28,519,277 |