Civic Intelligence

Catherine Booth Residence Inc a Florida Corporation

EIN 58-2271714 • 501(c)3 • Brookhaven, GA

Profile

Provide affordable housing for the elderly, handicapped and disabled.

1424 NE ExpresswayBrookhaven, GA 30329

www.uss.salvationarmy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.87x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

5.96x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

28th percentile

-5.1%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$289,295

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 20.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

29th percentile

-3.0%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

4.3%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,431,854

Down $137,534 (-3.0%) from 2023

Liabilities

Down

$8,290,070

Down $66,726 (-0.8%) from 2023

Net Assets

Down

-$3,858,216

Down $70,808 (-1.9%) from 2023

Revenue

Up

$1,390,360

Up $57,676 (+4.3%) from 2023

Expenses

Down

$1,461,168

Down $43,885 (-2.9%) from 2023

Net Income

Up

-$70,808

Up $101,561 (+59%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $6,191,683Liabilities 2010: $262,346Net Assets 2010: $5,929,3372010Assets 2011: $5,993,752Liabilities 2011: $134,434Net Assets 2011: $5,859,3182011Assets 2012: $5,821,042Liabilities 2012: $80,144Net Assets 2012: $5,740,8982012Assets 2013: $5,707,414Liabilities 2013: $8,216,635Net Assets 2013: -$2,509,2212013Assets 2014: $5,925,014Liabilities 2014: $8,182,464Net Assets 2014: -$2,257,4502014Assets 2015: $5,756,065Liabilities 2015: $8,226,112Net Assets 2015: -$2,470,0472015Assets 2016: $5,593,871Liabilities 2016: $8,228,579Net Assets 2016: -$2,634,7082016Assets 2017: $5,562,385Liabilities 2017: $8,287,359Net Assets 2017: -$2,724,9742017Assets 2018: $5,343,021Liabilities 2018: $8,209,783Net Assets 2018: -$2,866,7622018Assets 2019: $5,271,099Liabilities 2019: $8,256,512Net Assets 2019: -$2,985,4132019Assets 2020: $5,093,428Liabilities 2020: $8,281,585Net Assets 2020: -$3,188,1572020Assets 2021: $4,829,087Liabilities 2021: $8,314,311Net Assets 2021: -$3,485,2242021Assets 2022: $4,627,310Liabilities 2022: $8,242,349Net Assets 2022: -$3,615,0392022Assets 2023: $4,569,388Liabilities 2023: $8,356,796Net Assets 2023: -$3,787,4082023Assets 2024: $4,431,854Liabilities 2024: $8,290,070Net Assets 2024: -$3,858,2162024

Highlighted filing

2024

Assets$4,431,854
Liabilities$8,290,070
Net Assets-$3,858,216

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,020,5792010Expenses 2011: $1,061,3092011Expenses 2012: $1,067,3802012Expenses 2013: $1,086,6302013Revenue 2014: $1,561,573Expenses 2014: $1,309,802Net Income 2014: $251,7712014Revenue 2015: $1,083,858Expenses 2015: $1,253,697Net Income 2015: -$169,8392015Revenue 2016: $1,090,796Expenses 2016: $1,255,457Net Income 2016: -$164,6612016Revenue 2017: $1,154,023Expenses 2017: $1,244,289Net Income 2017: -$90,2662017Revenue 2018: $1,218,517Expenses 2018: $1,360,305Net Income 2018: -$141,7882018Revenue 2019: $1,146,731Expenses 2019: $1,265,382Net Income 2019: -$118,6512019Revenue 2020: $1,213,991Expenses 2020: $1,416,735Net Income 2020: -$202,7442020Revenue 2021: $1,202,635Expenses 2021: $1,499,702Net Income 2021: -$297,0672021Revenue 2022: $1,225,426Expenses 2022: $1,355,241Net Income 2022: -$129,8152022Revenue 2023: $1,332,684Expenses 2023: $1,505,053Net Income 2023: -$172,3692023Revenue 2024: $1,390,360Expenses 2024: $1,461,168Net Income 2024: -$70,8082024

Highlighted filing

2024

Revenue$1,390,360
Expenses$1,461,168
Net Income-$70,808

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$8.29$3.86$1.39$1.46$0.07
2023Summary only. Only limited summary data is available for this year.$4.57$8.36$3.79$1.33$1.51$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.63$8.24$3.62$1.23$1.36$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.83$8.31$3.49$1.20$1.50$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$8.28$3.19$1.21$1.42$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$8.26$2.99$1.15$1.27$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$8.21$2.87$1.22$1.36$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.56$8.29$2.72$1.15$1.24$0.09
2016Summary only. Only limited summary data is available for this year.$5.59$8.23$2.63$1.09$1.26$0.16
2015Summary only. Only limited summary data is available for this year.$5.76$8.23$2.47$1.08$1.25$0.17
2014Summary only. Only limited summary data is available for this year.$5.93$8.18$2.26$1.56$1.31$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$8.22$2.51$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$0.08$5.74$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$0.13$5.86$1.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.19$0.26$5.93$1.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 11, 2025
Return Version
2023v6.0
Gross Receipts
$1,390,360
Mission and Program Overview

Mission

Provide affordable housing for the elderly, handicapped and disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,155,262$3,953,953▼ $201,309
Cash and Non-Interest-Bearing Accounts$9,687$59,693▲ $50,006
Accounts Receivable$133,740$51,245▼ $82,495
Prepaid Expenses and Deferred Charges-$33,673-
Total Assets$4,569,388$4,431,854▼ $137,534
Other Assets Total$270,699$333,290▲ $62,591
Liabilities
Other Liabilities$8,175,524$8,176,610▲ $1,086
Accounts Payable and Accrued Expenses$81,828$78,438▼ $3,390
Deferred Revenue$99,444$35,022▼ $64,422
Total Liabilities$8,356,796$8,290,070▼ $66,726
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,787,408$-3,858,216▼ $70,808
Total Net Assets Fund Balance$-3,787,408$-3,858,216▼ $70,808
Total Liabilities and Net Assets / Fund Balance$4,569,388$4,431,854▼ $137,534

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,141,453$4,618,459$7,759,912
Land$812,500-$812,500
Equipment$0$93,335$93,335
Other Assets Org$182,750--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Janice RieferDirector$111,416$111,416
Philip SwyersDirector/assistant Treasur$105,005$105,005
Kelly IgleheartDirector/president$102,325$102,325
Ralph BukiewiczFormer Director / Former Vice President$97,857$97,857
Stephen EllisFormer Director / Former Assistant Treasurer$93,072$93,072
Gregory DavisDirector$86,580$86,580
Michelle WilsonDirector$78,914$78,914
Bobby JacksonDirector$75,862$75,862
Leon FerraezDirector/secretary$64,553$64,553

Board Members and Trustees

NameTitle
Deborah SedlarDirector/vice President
Mark IsraelDirector
James SeilerDirector/treasurer
Anthony JulianaFormer Director
David EricksonFormer Director
Kenneth LuykFormer Director
Roy JohnsonFormer Director
Stephen MorrisFormer Director
William MockabeeFormer Director
Stephen EllisFormer Director / Former Assistant T
Ralph BukiewiczFormer Director / Former Vice Presid
Willis HowellFormer Director/former Pre
Charles PowellFormer Director/former Sec
Lee AuvenshineSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$917,401
Program Service Revenue
$415,358
Investment Income
$2,086
Other Revenue
$55,515
Change in Net Assets
$-70,808

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,390,360
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,390,360
Total Revenue per Form 990
$1,390,360
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,461,168
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$576,232$1,352-$577,584
Depreciation Depletion$233,048--$233,048
Fees for Services Other$183,864--$183,864
Fees for Services Management-$111,142-$111,142
Fees for Services Accounting-$10,800-$10,800
All Other Expenses$7,481--$7,481
Other Expenses$6,849$24-$6,873
Insurance$6,706--$6,706
Conferences and Meetings$79$316-$395
Travel$35$139-$174
Total Functional Expenses$1,219,784$241,384$0$1,461,168

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,461,168
Total Expenses per Audited Statements$1,461,168
Total Expenses per Form 990$1,461,168
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Hud Capital Advance$8,150,800
Tenant Security Deposits$25,810
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Catherine booth residence inc. Receives certain management services performed by the salvation army, a georgia corp. Which has provided these services for multifamily housing hud held properties since 1976, having received authorization from the us dept of housing and urban development through the omb approval process. The project is operated and supervised in accordance with hud regulations and written policies of the salvation army. Services provided include legal, internal audit, and management and supervisor oversight and training.

Form 990, Part VI, Section B, Line 11B

Final return is reviewed by officers of the corporation.

Form 990, Part VI, Section B, Line 12C

The code of conduct and conflict of interest policy (the "policy") adopted by the salvation army provides that all officers (ministers) must receive a copy of the policy, which advises that failure to comply with the policy will result in discipline, up to and including termination. Lay employees of the salvation army must sign a statement acknowledging receipt of, and agreeing to comply with, the policy as it appears in the employee manual. Any failure by an employee to comply with the policy will result in discipline, up to and including termination.

Form 990, Part VI, Section B, Line 15

The officers and directors of catherine booth residence, inc. Consist of officers in the salvation army, georgia corp., a related organization. They received no compensation from catherine booth residence inc. All compensation received is from the salvation army and consists of an allowance determined based upon years of service and scope of responsibility. It is reviewed and approved by national and international headquarters and is consistently employed across the u.s. Compensation of key lay personnel is based on comparability data.

Form 990, Part VI, Section C, Line 19

Requests for the annual report, the organizational documents and the conflict of interest policy and code of conduct may be sent to the salvation army at 1424 northeast expressway n. E., brookhaven, ga 30329.

FORM 990, PART VII, SECTION A, REPORTABLE COMPENSATION:

Individuals who are active officers with the salvation army receive retirement housing, furnishings & automobile grants to aid them in purchasing these thinges for retirement as these items have been provided by the salvation army during their years of active service. These grants are one-time, lump sum payments given out one to two years prior to retirement and are included in the officers ordinary income which is reflected in the "reportable compensation from related organizations".

FORM 990, PART VII, SECTION A, ESTIMATED AMOUNT OF OTHER COMPENSATION:

Housing allowances reported in the "other compensation" section of part vii reflect the fair market rental value of the residence provided plus the costs of utilities paid by the salvation army. Active duty officers are required to use the residences owned and provided by the salvation army.

Filing and Contact Details

Filer

Filer Name
Catherine Booth Residence Inc a Fl Corp
EIN
58-2271714
Phone
4047281300
Address
1424 NE EXPRESSWAY, BROOKHAVEN, GA 30329
Doing Business As
Catherine Booth Towers

Signing Officer

Name
Roland Cox
Title
Assistant Treasurer
Phone
4047281300
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roland Cox
Formed
1996
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
240

Preparer

Firm
Cohnreznick Advisory LLC
Address
3560 LENOX ROAD NE SUITE 2900, ATLANTA, GA 30326
Preparer
Andrew P Smith
Phone
4048479447
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 183,864. Management and general expenses 0. Fundraising expenses 0. Total expenses 183,864.

Financial Statement Notes

PART X, LINE 2:

The owner, catherine booth residence, inc., a florida corporation, is an organization exempt from income taxation under section 501(a) as an entity described in section 501(c)(3) of the internal revenue code of 1986, as amended. Accordingly, no provision for federal income taxes is included in the accompanying financial statements of the project. The owner files required federal and state information returns. Federal returns for tax years since 2021 remain open for examination by the internal revenue service.

Raw XML AppendixShowing 400 of 1,033 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY, HANDICAPPED AND DISABLED.
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