Civic Intelligence

Christ the King Housing II Inc

EIN 59-2482529 • 501(c)3 • Seminole, FL

Profile

To provide housing for low income elderly and/or disabled individuals in the tampa, florida vicinity.

6247 Seminole Blvd 400Seminole, FL 33772
Siviq Scores

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

Liabilities / Assets

99th percentile

3.21x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

97th percentile

5.62x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

48th percentile

3.3%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

75th percentile

$120,780

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

23rd percentile

-5.5%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

33rd percentile

-2.1%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$2,308,391

Down $38,436 (-1.6%) from 2023

Liabilities

Down

$7,169,387

Down $120,925 (-1.7%) from 2023

Net Assets

Up

-$4,860,996

Up $82,489 (+1.7%) from 2023

Revenue

Down

$1,272,300

Down $168,293 (-12%) from 2023

Expenses

Down

$1,189,811

Down $1,278,780 (-52%) from 2023

Net Income

Up

$82,489

Up $1,110,487 (+108%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $3,103,218Liabilities 2011: $3,569,851Net Assets 2011: -$466,6332011Assets 2012: $3,065,760Liabilities 2012: $3,552,232Net Assets 2012: -$486,4722012Assets 2013: $3,078,945Liabilities 2013: $3,527,197Net Assets 2013: -$448,2522013Assets 2014: $3,085,859Liabilities 2014: $3,450,440Net Assets 2014: -$364,5812014Assets 2015: $3,122,062Liabilities 2015: $3,399,094Net Assets 2015: -$277,0322015Assets 2016: $3,176,669Liabilities 2016: $3,619,165Net Assets 2016: -$442,4962016Assets 2017: $3,228,309Liabilities 2017: $3,702,425Net Assets 2017: -$474,1162017Assets 2018: $2,774,590Liabilities 2018: $3,230,189Net Assets 2018: -$455,5992018Assets 2019: $2,612,973Liabilities 2019: $3,157,431Net Assets 2019: -$544,4582019Assets 2020: $3,779,570Liabilities 2020: $7,665,529Net Assets 2020: -$3,885,9592020Assets 2021: $3,665,795Liabilities 2021: $7,554,845Net Assets 2021: -$3,889,0502021Assets 2022: $3,554,646Liabilities 2022: $7,470,133Net Assets 2022: -$3,915,4872022Assets 2023: $2,346,827Liabilities 2023: $7,290,312Net Assets 2023: -$4,943,4852023Assets 2024: $2,308,391Liabilities 2024: $7,169,387Net Assets 2024: -$4,860,9962024

Highlighted filing

2024

Assets$2,308,391
Liabilities$7,169,387
Net Assets-$4,860,996

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $872,498Expenses 2011: $864,348Net Income 2011: $8,1502011Expenses 2012: $897,8522012Revenue 2013: $889,732Expenses 2013: $851,512Net Income 2013: $38,2202013Revenue 2014: $909,206Expenses 2014: $825,535Net Income 2014: $83,6712014Revenue 2015: $907,020Expenses 2015: $819,471Net Income 2015: $87,5492015Revenue 2016: $935,419Expenses 2016: $877,360Net Income 2016: $58,0592016Revenue 2017: $950,066Expenses 2017: $981,686Net Income 2017: -$31,6202017Revenue 2018: $948,335Expenses 2018: $929,818Net Income 2018: $18,5172018Revenue 2019: $950,641Expenses 2019: $1,039,500Net Income 2019: -$88,8592019Revenue 2020: $955,632Expenses 2020: $4,297,133Net Income 2020: -$3,341,5012020Revenue 2021: $1,098,675Expenses 2021: $1,115,865Net Income 2021: -$17,1902021Revenue 2022: $1,108,312Expenses 2022: $1,134,749Net Income 2022: -$26,4372022Revenue 2023: $1,440,593Expenses 2023: $2,468,591Net Income 2023: -$1,027,9982023Revenue 2024: $1,272,300Expenses 2024: $1,189,811Net Income 2024: $82,4892024

Highlighted filing

2024

Revenue$1,272,300
Expenses$1,189,811
Net Income$82,489

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.31$7.17$4.86$1.27$1.19$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.35$7.29$4.94$1.44$2.47$1.03
2022Detailed filing. Detailed filing data is available for this year.$3.55$7.47$3.92$1.11$1.13$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.67$7.55$3.89$1.10$1.12$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.78$7.67$3.89$0.96$4.30$3.34
2019Detailed filing. Detailed filing data is available for this year.$2.61$3.16$0.54$0.95$1.04$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.77$3.23$0.46$0.95$0.93$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.23$3.70$0.47$0.95$0.98$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.18$3.62$0.44$0.94$0.88$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.12$3.40$0.28$0.91$0.82$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.09$3.45$0.36$0.91$0.83$0.08
2013Detailed filing. Detailed filing data is available for this year.$3.08$3.53$0.45$0.89$0.85$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$3.55$0.49$0.90
2011Summary only. Only limited summary data is available for this year.$3.10$3.57$0.47$0.87$0.86$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 22, 2025
Return Version
2024v5.0
Gross Receipts
$1,272,300
Mission and Program Overview

Mission

To provide housing for low income elderly and/or disabled individuals in the tampa, florida vicinity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,410,110$1,314,558▼ $95,552
Savings and Temporary Cash Investments$718,955$768,005▲ $49,050
Cash and Non-Interest-Bearing Accounts$143,203$125,948▼ $17,255
Prepaid Expenses and Deferred Charges$67,813$97,482▲ $29,669
Accounts Receivable$6,746$2,398▼ $4,348
Total Assets$2,346,827$2,308,391▼ $38,436
Liabilities
Unsecured Notes Loans Payable$7,149,104$7,001,085▼ $148,019
Other Liabilities$88,453$101,981▲ $13,528
Accounts Payable and Accrued Expenses$51,549$64,651▲ $13,102
Deferred Revenue$1,206$1,670▲ $464
Total Liabilities$7,290,312$7,169,387▼ $120,925
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,943,485$-4,860,996▲ $82,489
Total Net Assets Fund Balance$-4,943,485$-4,860,996▲ $82,489
Total Liabilities and Net Assets / Fund Balance$2,346,827$2,308,391▼ $38,436

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$777,341$3,291,715$4,069,056
Land$494,375-$494,375
Leasehold Improvements$40,868$38,249$79,117
Other Land Buildings$1,974$14,412$16,386
Compensation and Service Providers

Employees

NameTitleOtherTotal
James WayneTreasurer$91,606$91,606

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$923,927
Program Service Revenue
$247,667
Investment Income
$26,028
Other Revenue
$74,678
Change in Net Assets
$82,489

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,272,300
Total Revenue per Audited Statements
$1,272,300
Total Revenue per Form 990
$1,272,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$950,938
Salaries, Compensation, and Employee Benefits$238,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$348,285--$348,285
Other Salaries and Wages$189,481--$189,481
Interest$183,146--$183,146
Depreciation Depletion$122,429--$122,429
Insurance$105,011--$105,011
Fees for Services Management-$66,227-$66,227
Other Employee Benefits$24,230--$24,230
Fees for Services Accounting-$19,437-$19,437
Office Expenses$17,166--$17,166
Pension Plan Contributions$14,223--$14,223
Payroll Taxes$10,939--$10,939
Fees for Services Legal-$3,300-$3,300
Conferences and Meetings-$2,441-$2,441
Other Expenses$1,233--$1,233
Total Functional Expenses$1,098,406$91,405$0$1,189,811

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,189,811
Total Expenses per Audited Statements$1,189,811
Total Expenses per Form 990$1,189,811
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 Claim on Residual Receipts$81,023
Tennant Security Deposits$20,958
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

This hud subsidized apartment complex for the low-income elderly is managed by catholic charities community development corporation, a related party.

Form 990, Page 6, Part VI, Line 11B

The president and treasurer review the return for accuracy before presenting to the governing board.

Form 990, Page 6, Part VI, Line 12C

The board of directors annually polls each voting member for compliance with its conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

This organization does not have an executive director or ceo. No individual management official received any compensation from this organization.

Form 990, Page 6, Part VI, Line 15B

The board approves the annual budget which contains detailed salaries. No officer or director receives any compensation from this organization.

Form 990, Page 6, Part VI, Line 19

This organizaion has its governing documents, conflict of interest policy, and financial statements available for public inspection at its management agent above.

Filing and Contact Details

Filer

Filer Name
Christ the King Housing Ii Inc
EIN
59-2482529
Phone
7278931313
Address
6247 SEMINOLE BLVD 400, SEMINOLE, FL 33772
Doing Business As
KING'S ARMS

Signing Officer

Name
James Wayne
Title
Treasurer
Phone
7278931313
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Wayne
Formed
1985
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
5

Preparer

Firm
Prida Guida & Perez Pa
Address
2504 WEST KATHLEEN ST, TAMPA, FL 33607
Preparer
George K Guida
Phone
8132266091
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS HUD SUBSIDIZED APARTMENT COMPLEX FOR THE LOW-INCOME ELDERLY IS MANAGED BY CATHOLIC CHARITIES COMMUNITY DEVELOPMENT CORPORATION, A RELATED PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT AND TREASURER REVIEW THE RETURN FOR ACCURACY BEFORE PRESENTING TO THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY POLLS EACH VOTING MEMBER FOR COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS ORGANIZATION DOES NOT HAVE AN EXECUTIVE DIRECTOR OR CEO. NO INDIVIDUAL MANAGEMENT OFFICIAL RECEIVED ANY COMPENSATION FROM THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD APPROVES THE ANNUAL BUDGET WHICH CONTAINS DETAILED SALARIES. NO OFFICER OR DIRECTOR RECEIVES ANY COMPENSATION FROM THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS ORGANIZAION HAS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT ITS MANAGEMENT AGENT ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CATHOLIC CHARITIES COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CATHOLIC CHARITIES DIOCESE OF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2DIOCESE OF ST PETERSBURG INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt1ST PETERSBUG INC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt26363 NINTH AVENUE NORTH
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