St William Apartments Inc

“Cardinal ritter senior services (crss) pays vendors through the management agent's disbursement system for the organization. This procedure was implemented for the purpose of utilizing the most cost effective method to conserve the organization's processing costs and to provide internal controls to safeguard assets. Crss pays all expenses, salaries, and fringe benefits including payroll, for the organization. In addition, the federal w-2 forms for salaries and payroll tax returns are included on crss' records. The organization reimburses crss on a regular basis for these expenditures. St. William apartments had 3 employees during the year ended june 30, 2025. The organization pays a bookkeeping fee to the archdiocese of st. Louis. Additionally, a management fee is paid to the st. Louis archdiocesan fund (slaf) for the management of the organization's investments.”

“The organization has one member, catholic charities of the archdiocese of st. Louis (catholic charities) which has reserved powers over the organization. The archbishop of st. Louis is a member with reserved powers over catholic charities, by which the archbishop has also reserved powers over the organization.”

“The organization has one member, catholic charities of the archdiocese of st. Louis (catholic charities), which has reserved powers over the organization. The archbishop of st. Louis also has reserved powers over the organization. The archbishop of st. Louis has the authority to appoint up to 50% of the board of directors and to approve all candidates to the board of directors of the organization.”

“As they are members with reserved powers, various decisions of the organization are subject to approval by catholic charities of the archdiocese of st. Louis, and the archbishop of st. Louis. Additionally, the audit committee of the archdiocese of st. Louis is responsible for the selection of the independent auditor for all archdiocesan entities.”

“The return is prepared by an independent accounting firm. The organization has provided a .pdf copy of the form 990 to the members of the governing board via email prior to filing of the tax return. The email sent to the governing board requests that all members review the form 990 as of a select date. Any questions and comments are to be sent to the chief financial officer. Once all questions and comments are reviewed/cleared by the chief financial officer, the form 990 is accepted for filing and a representation letter is signed by the chief executive officer. At this point, the form 990 is filed with the irs.”

“Upon membership to the board of directors, persons are required to review and sign a conflict of interest policy. Additionally, all other officers, directors, and key employees are required to review and sign the conflict of interest policy on an annual basis.”

“The organizataion reviews a salary administration program, including pay grades and ranges, that is provided by catholic charities of the archdiocese of st. Louis. Additionally, the st. Louis area salary survey report issued annually by the aaim management association is reviewed when preparing salary budgets for the fiscal year. The organization also reviews national and local inflation rates, internal funding abilities, and planned salary budgets for the archdiocese of st. Louis. Annual performance evaluations are also reviewed when determining salary increases.”

“Anyone interested in reviewing the organization's governing documents, conflict of interest policy, and/or financial statements must contact the chief financial officer, as this information is available to the public upon written request.”

“The audit committee of the archdiocese of st. Louis assumes responsibility for oversight of the audit of the financial statements and selection of an independent auditor.”