Carrfour Supportive Housing Inc
- Assets
- $68.1m
- Revenue
- $18.0m
- Investments
- $0.0
- Employees
- 144
- Location
- Miami, FL
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 65-0387766
Organization Overview
Carrfour Supportive Housing Inc is located in Miami, FL. The organization was established in 1993. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Carrfour Supportive Housing Inc employed 144 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Carrfour Supportive Housing 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 12/2022, Carrfour Supportive Housing Inc generated $18.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $26.0m during the year ending 12/2022. While expenses have increased by 8.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CONFRONT RESIDENTIAL INSTABILITY BY DEVELOPING AFFORDABLE HOUSING AND PROVIDING SUPPORTIVE SERVICES AS A PATHWAY TO SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PERMANENT HOUSING AND ESTABLISH SELF-SUFFICIENCY FOR HOMELESS AND OTHER VULNERABLE POPULATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Fine Secretary | OfficerTrustee | 1 | $0 |
Stephen Danner Board Chair | OfficerTrustee | 1 | $0 |
Kim Abreu Director | Trustee | 1 | $0 |
Caetano Lopes Treasurer | OfficerTrustee | 1 | $0 |
Timothy Martorella Director | OfficerTrustee | 1 | $0 |
Linda Quick Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,868,407 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,977 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,999,384 |
| Total Program Service Revenue | $4,813,059 |
| Investment income | $191,550 |
| 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 | $17,980,700 |
| 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. | $406,456 |
| Compensation of current officers, directors, key employees. | $406,456 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,335,471 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,425 |
| Fees for services: Legal | $52,316 |
| Fees for services: Accounting | $178,013 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $254,997 |
| Advertising and promotion | $20,174 |
| Office expenses | $509,040 |
| 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 | $7,524 |
| Interest | $220,825 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,410,071 |
| Insurance | $435,135 |
| All other expenses | $1,294,166 |
| Total functional expenses | $25,957,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,817,156 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,829,661 |
| Accounts receivable, net | $50,007 |
| 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 | $475,251 |
| Net Land, buildings, and equipment | $38,115,981 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,509 |
| Other assets | $22,806,795 |
| Total assets | $68,096,360 |
| Accounts payable and accrued expenses | $1,838,088 |
| Grants payable | $0 |
| Deferred revenue | $2,517,235 |
| 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 | $35,934,283 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $579,203 |
| Total liabilities | $40,868,809 |
| Net assets without donor restrictions | $26,830,234 |
| Net assets with donor restrictions | $397,317 |
| 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 | $68,096,360 |