Civic Intelligence

St. Patrick Apartments Inc.

990 • Fiscal year 2011 • EIN 43-1090662

Jul 01, 2010 to Jun 30, 2011 • Filed on Nov 30, 2011

7601 Watson Road63119
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.91x

Higher debt load relative to assets than 88% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$2,648,484

No earlier filing loaded for comparison.

Net Assets

$249,246

No earlier filing loaded for comparison.

Liabilities

$2,399,238

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,016,129

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,648,484Liabilities 2011: $2,399,238Net Assets 2011: $249,2462011Assets 2012: $2,490,640Liabilities 2012: $2,194,544Net Assets 2012: $296,0962012Assets 2013: $2,408,619Liabilities 2013: $2,013,693Net Assets 2013: $394,9262013Assets 2014: $2,437,135Liabilities 2014: $1,904,225Net Assets 2014: $532,9102014Assets 2015: $2,258,397Liabilities 2015: $1,649,115Net Assets 2015: $609,2822015Assets 2016: $2,115,799Liabilities 2016: $1,384,233Net Assets 2016: $731,5662016Assets 2017: $1,986,744Liabilities 2017: $1,162,033Net Assets 2017: $824,7112017Assets 2018: $1,936,581Liabilities 2018: $892,733Net Assets 2018: $1,043,8482018Assets 2019: $5,011,081Liabilities 2019: $360Net Assets 2019: $5,010,7212019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2011

Assets$2,648,484
Liabilities$2,399,238
Net Assets$249,246

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0M-$10MExpenses 2011: $1,016,1292011Expenses 2012: $1,072,9262012Revenue 2013: $1,114,706Expenses 2013: $1,015,876Net Income 2013: $98,8302013Revenue 2014: $1,138,949Expenses 2014: $1,000,965Net Income 2014: $137,9842014Revenue 2015: $1,163,882Expenses 2015: $1,087,510Net Income 2015: $76,3722015Revenue 2016: $1,156,194Expenses 2016: $1,033,910Net Income 2016: $122,2842016Revenue 2017: $1,239,232Expenses 2017: $1,146,087Net Income 2017: $93,1452017Revenue 2018: $1,455,560Expenses 2018: $1,236,423Net Income 2018: $219,1372018Revenue 2019: $8,779,039Expenses 2019: $4,812,166Net Income 2019: $3,966,8732019Revenue 2020: $22,116Expenses 2020: $5,032,837Net Income 2020: -$5,010,7212020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2011

Revenue-
Expenses$1,016,129
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Nov 30, 2011
Return Version
2010v3.2
Gross Receipts
$1,099,088
Mission and Program Overview

Mission

The mission of crss is to be a recognized provider of first choice in providing an integrated continuum of quality residential, healthcare and supportive social services for senior adults throughout the archdiocese.

Major Activities

Activity 2
The service coordinator aids the senior adults in their everyday tasks.
Filing and Contact Details

Filer

EIN
43-1090662
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IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01099088
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0CARDINAL RITTER SENIOR SERVICES (CRSS) AND CARDINAL RITTER INSTITUTE - RESIDENTIAL SERVICES CORPORATION (CRI-RSC) PERIODICALLY PROVIDE THE ORGANIZATION WITH CERTAIN MANAGEMENT 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. THERE IS NO PAYMENT TO THE MANAGING AGENT FOR THIS CASH DISBURSEMENT SYSTEM. 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 PROJECT EXPENDITURES AND THERE IS NO PAYMENT TO THE MANAGING AGENT FOR THESE SERVICES. ST. PATRICK APARTMENTS HAD 6 EMPLOYEES DURING THE YEAR ENDED JUNE 30, 2011. THE ORGANIZATION HAS ENTERED INTO A CONTRACT FOR MANAGEMENT OF THE FACILITIES WITH CRI-RSC. THE ORGANIZATION PAYS A SEPARATE MANAGEMENT FEE AND BOOKKEEPING FEE FOR THE SERVICES PERFORMED BY CRI-RSC.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION HAS ONE MEMBER - CARDINAL RITTER SENIOR SERVICES (CRSS). ADDITIONALLY, CATHOLIC CHARITIES OF ST. LOUIS (CATHOLIC CHARITIES) IS A MEMBER WITH RESERVED POWERS OVER CRSS, BY WHICH CATHOLIC CHARITIES HAS RESERVED POWERS OVER THE ORGANIZATION. THE ARCHBISHOP OF ST. LOUIS IS A MEMBER WITH RESERVED POWERS OVER CATHOLIC CHARITIES, BY WHICH THE ARCHBISHOP ALSO HAS RESERVED POWERS OVER THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation2AS A MEMBER WITH RESERVED POWERS OVER CATHOLIC CHARITIES OF ST. LOUIS, BY WHICH THE ARCHBISHOP OF ST. LOUIS ALSO HAS RESERVED POWERS OVER THE ORGANIZATION, THE ARCHBISHOP OF ST. LOUIS HAS THE AUTHORITY TO ELECT AND/OR APPROVE PERSONS TO THE BOARD OF DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation3AS THEY ARE MEMBERS WITH RESERVED POWERS, VARIOUS DECISIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY CARDINAL RITTER SENIOR SERVICES, CATHOLIC CHARITIES OF ST. LOUIS, AND THE ARCHBISHOP OF ST. LOUIS. ADDITIONALLY, THE ARCHDIOCESE OF ST. LOUIS IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITOR FOR ALL ARCHDIOCESAN ENTITIES. HOWEVER, THE CRSS FINANCE COMMITTEE RECOMMENDS APPROVAL OF THE AUDITED FINANCIAL STATEMENTS TO THE CRSS GOVERNING BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION 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.
IRS990ScheduleO/GeneralExplanation/Explanation5UPON 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.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION REVIEWS A SALARY ADMINISTRATION PROGRAM, INCLUDING PAY GRADES AND RANGES, THAT IS PROVIDED BY CATHOLIC CHARITIES 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.
IRS990ScheduleO/GeneralExplanation/Explanation7990'S AVSILABLE ON THE WEBSITE AND REMAINDER OF DOCUMENTS ARE AVAILABLE ON REQUEST.

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