Civic Intelligence

Blessed Trinity Housing Inc

990 • Fiscal year 2022 • EIN 59-3617977

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 26, 2022

6363 9th Ave NorthSt Petersburg, FL 33710

(727) 865-7590

Siviq Scores

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

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$104,735

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

36th percentile

-2.9%

Faster asset growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

8.2%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,911,647

Down $148,732 (-4.9%) from 2020

Net Assets

Down

$2,859,415

Down $140,450 (-4.7%) from 2020

Liabilities

Down

$52,232

Down $8,282 (-14%) from 2020

Revenue

Up

$653,708

Up $116,159 (+22%) from 2020

Expenses

Up

$724,107

Up $71,277 (+11%) from 2020

Net Income

Up

-$70,399

Up $44,882 (+39%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,956,302Liabilities 2012: $37,885Net Assets 2012: $3,918,4172012Assets 2013: $3,823,177Liabilities 2013: $38,701Net Assets 2013: $3,784,4762013Assets 2014: $3,681,999Liabilities 2014: $41,224Net Assets 2014: $3,640,7752014Assets 2016: $3,571,770Liabilities 2016: $85,570Net Assets 2016: $3,486,2002016Assets 2017: $3,452,212Liabilities 2017: $48,590Net Assets 2017: $3,403,6222017Assets 2018: $3,341,698Liabilities 2018: $56,249Net Assets 2018: $3,285,4492018Assets 2019: $3,186,318Liabilities 2019: $71,172Net Assets 2019: $3,115,1462019Assets 2020: $3,060,379Liabilities 2020: $60,514Net Assets 2020: $2,999,8652020Assets 2022: $2,911,647Liabilities 2022: $52,232Net Assets 2022: $2,859,4152022Assets 2023: $2,867,489Liabilities 2023: $74,721Net Assets 2023: $2,792,7682023Assets 2025: $2,855,536Liabilities 2025: $160,128Net Assets 2025: $2,695,4082025

Highlighted filing

2022

Assets$2,911,647
Liabilities$52,232
Net Assets$2,859,415

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $516,1502012Expenses 2013: $584,4922013Revenue 2014: $461,771Expenses 2014: $605,472Net Income 2014: -$143,7012014Revenue 2016: $489,070Expenses 2016: $548,516Net Income 2016: -$59,4462016Revenue 2017: $484,921Expenses 2017: $567,499Net Income 2017: -$82,5782017Revenue 2018: $489,672Expenses 2018: $607,845Net Income 2018: -$118,1732018Revenue 2019: $498,258Expenses 2019: $668,561Net Income 2019: -$170,3032019Revenue 2020: $537,549Expenses 2020: $652,830Net Income 2020: -$115,2812020Revenue 2022: $653,708Expenses 2022: $724,107Net Income 2022: -$70,3992022Revenue 2023: $638,228Expenses 2023: $704,875Net Income 2023: -$66,6472023Revenue 2025: $801,936Expenses 2025: $823,076Net Income 2025: -$21,1402025

Highlighted filing

2022

Revenue$653,708
Expenses$724,107
Net Income-$70,399
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 26, 2022
Return Version
2021v4.0
Gross Receipts
$653,708
Mission and Program Overview

Mission

We are a hud subsidized and regulated apartment complex. Our mission is to provide affordable housing and other services to qualified low-income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,790,765$2,692,407▼ $98,358
Savings and Temporary Cash Investments$169,922$186,346▲ $16,424
Prepaid Expenses and Deferred Charges$21,109$23,430▲ $2,321
Cash and Non-Interest-Bearing Accounts$13,854$9,189▼ $4,665
Accounts Receivable$1,024$275▼ $749
Total Assets$2,997,674$2,911,647▼ $86,027
Other Assets Total$1,000--
Liabilities
Accounts Payable and Accrued Expenses$42,872$28,110▼ $14,762
Other Liabilities$23,123$23,564▲ $441
Deferred Revenue$1,865$558▼ $1,307
Total Liabilities$67,860$52,232▼ $15,628
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,687,600$4,687,600→ $0
Net Assets Without Donor Restrictions$-1,757,786$-1,828,185▼ $70,399
Total Net Assets Fund Balance$2,929,814$2,859,415▼ $70,399
Total Liabilities and Net Assets / Fund Balance$2,997,674$2,911,647▼ $86,027

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,246,260$2,231,984$4,478,244
Land$416,454-$416,454
Equipment$29,693$36,889$66,582
Compensation and Service Providers

Employees

NameTitleOtherTotal
James WayneTreasurer$104,735$104,735

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$367,704
Program Service Revenue
$266,165
Investment Income
$16
Other Revenue
$19,823
Change in Net Assets
$-70,399

Audited Revenue Reconciliation

Revenue per Audited Statements
$653,708
Total Revenue per Audited Statements
$653,708
Total Revenue per Form 990
$653,708
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$555,079
Salaries, Compensation, and Employee Benefits$169,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$267,513--$267,513
Other Salaries and Wages$134,844--$134,844
Depreciation Depletion$128,427--$128,427
Fees for Services Management-$60,281-$60,281
Insurance$52,203--$52,203
Fees for Services Accounting-$19,395-$19,395
Other Employee Benefits$18,114--$18,114
Office Expenses$15,820--$15,820
Pension Plan Contributions$9,393--$9,393
Payroll Taxes$6,677--$6,677
Information Technology$4,769--$4,769
Fees for Services Legal-$2,820-$2,820
Conferences and Meetings-$1,956-$1,956
Other Expenses$211--$211
Total Functional Expenses$639,655$84,452$0$724,107

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$724,107
Total Expenses per Audited Statements$724,107
Total Expenses per Form 990$724,107
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
Tenant Security Deposits$23,564
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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 is managed by catholic charities communities development corporation, 1213 16th st n, st. Petersburg, fl 33705.

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

The 990 is reviewed by the board treasurer before it is filed.

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 a ceo or executive director. No individual management official received any compensation from this organization during the fiscal year.

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

No officer or director received any compensation from this organization during the fiscal year.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Blessed Trinity Housing Inc
EIN
59-3617977
Phone
7278657590
Address
6363 9TH AVE NORTH, ST PETERSBURG, FL 33710
Doing Business As
Trinity House

Signing Officer

Name
James Wayne
Title
Treasurer
Phone
7278657590
Signed
2022-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Wayne
Formed
2001
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
4

Preparer

Firm
Prida Guida & Perez Pa
Address
1106 N FRANKLIN ST, TAMPA, FL 33602-3813
Preparer
George K Guida
Phone
8132266091
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0272903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0281270
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01562813
IRS990ScheduleA/TotalSupportAmt01563031
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt02231984
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04478244
IRS990ScheduleD/EquipmentGrp/BookValueAmt029693
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036889
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt066582
IRS990ScheduleD/ExpensesSubtotalAmt0724107
IRS990ScheduleD/LandGrp/BookValueAmt0416454
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0416454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023564
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0653708
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02692407
IRS990ScheduleD/TotalExpensesPerForm990Amt0724107
IRS990ScheduleD/TotalLiabilityAmt023564
IRS990ScheduleD/TotalRevenuePerForm990Amt0653708
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0653708
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS HUD SUBSIDIZED APARTMENT COMPLEX IS MANAGED BY CATHOLIC CHARITIES COMMUNITIES DEVELOPMENT CORPORATION, 1213 16TH ST N, ST. PETERSBURG, FL 33705.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE BOARD TREASURER BEFORE IT IS FILED.
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 A CEO OR EXECUTIVE DIRECTOR. NO INDIVIDUAL MANAGEMENT OFFICIAL RECEIVED ANY COMPENSATION FROM THIS ORGANIZATION DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OFFICER OR DIRECTOR RECEIVED ANY COMPENSATION FROM THIS ORGANIZATION DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
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/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CATHOLIC CHARITIES COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CATHOLIC CHARITIES DIOCESE OF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CATHOLIC DIOCESE OF ST PETERSBURG
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501C3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2RELIGIOUS
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt16363 9TH AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt26363 9TH AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ST PETERSBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ST PETERSBURG
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt19393
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt220911
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACCRUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACCRUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ACCRUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CATHOLIC CHARITIES COMMUNITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CATHOLIC CHARITIES & DIOCESE OF ST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2CATHOLIC DIOCESE OF ST PETERSBURG
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
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