Civic Intelligence

St Catherine of Siena Inc

EIN 75-2821401 • 501(c)3 • Dallas, TX

990-N Coverage

Profile

Provide decent, affordable housing to moderate and low income persons within guidelines of rev proc 96-32

2920 Forest Lane Box 415Dallas, TX 75234

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

1.45x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

5.23x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

43rd percentile

1.9%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$211,338

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

31st percentile

-1.5%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

3.6%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,040,929

Down $120,418 (-1.5%) from 2023

Liabilities

Down

$11,645,105

Down $162,942 (-1.4%) from 2023

Net Assets

Up

-$3,604,176

Up $42,524 (+1.2%) from 2023

Revenue

Up

$2,226,857

Up $76,982 (+3.6%) from 2023

Expenses

Up

$2,184,333

Up $75,259 (+3.6%) from 2023

Net Income

Up

$42,524

Up $1,723 (+4.2%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $6,713,713Liabilities 2011: $0Net Assets 2011: $6,713,7132011Assets 2012: $13,630,023Liabilities 2012: $7,170,324Net Assets 2012: $6,459,6992012Assets 2013: $11,201,604Liabilities 2013: $7,954,566Net Assets 2013: $3,247,0382013Assets 2014: $10,779,243Liabilities 2014: $8,005,993Net Assets 2014: $2,773,2502014Assets 2015: $10,532,620Liabilities 2015: $7,863,748Net Assets 2015: $2,668,8722015Assets 2016: $10,131,416Liabilities 2016: $7,613,068Net Assets 2016: $2,518,3482016Assets 2017: $9,974,080Liabilities 2017: $7,535,165Net Assets 2017: $2,438,9152017Assets 2018: $10,078,554Liabilities 2018: $7,788,015Net Assets 2018: $2,290,5392018Assets 2019: $9,402,952Liabilities 2019: $7,177,640Net Assets 2019: $2,225,3122019Assets 2020: $9,155,023Liabilities 2020: $7,039,596Net Assets 2020: $2,115,4272020Assets 2021: $8,946,364Liabilities 2021: $11,891,295Net Assets 2021: -$2,944,9312021Assets 2022: $8,658,441Liabilities 2022: $11,870,942Net Assets 2022: -$3,212,5012022Assets 2023: $8,161,347Liabilities 2023: $11,808,047Net Assets 2023: -$3,646,7002023Assets 2024: $8,040,929Liabilities 2024: $11,645,105Net Assets 2024: -$3,604,1762024

Highlighted filing

2024

Assets$8,040,929
Liabilities$11,645,105
Net Assets-$3,604,176

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $6,555,286Expenses 2011: $47,974Net Income 2011: $6,507,3122011Expenses 2012: $807,6362012Revenue 2013: $1,539,174Expenses 2013: $1,619,475Net Income 2013: -$80,3012013Revenue 2014: $1,598,227Expenses 2014: $1,681,898Net Income 2014: -$83,6712014Revenue 2015: $1,596,629Expenses 2015: $1,619,437Net Income 2015: -$22,8082015Revenue 2016: $1,626,476Expenses 2016: $1,663,093Net Income 2016: -$36,6172016Revenue 2017: $1,637,441Expenses 2017: $1,654,483Net Income 2017: -$17,0422017Revenue 2018: $1,717,173Expenses 2018: $1,683,473Net Income 2018: $33,7002018Revenue 2019: $1,823,642Expenses 2019: $1,754,901Net Income 2019: $68,7412019Revenue 2020: $1,845,611Expenses 2020: $1,765,722Net Income 2020: $79,8892020Revenue 2021: $1,961,668Expenses 2021: $2,198,014Net Income 2021: -$236,3462021Revenue 2022: $1,998,850Expenses 2022: $1,966,420Net Income 2022: $32,4302022Revenue 2023: $2,149,875Expenses 2023: $2,109,074Net Income 2023: $40,8012023Revenue 2024: $2,226,857Expenses 2024: $2,184,333Net Income 2024: $42,5242024

Highlighted filing

2024

Revenue$2,226,857
Expenses$2,184,333
Net Income$42,524

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$11.6$3.60$2.23$2.18$0.04
2023Detailed filing. Detailed filing data is available for this year.$8.16$11.8$3.65$2.15$2.11$0.04
2022Detailed filing. Detailed filing data is available for this year.$8.66$11.9$3.21$2.00$1.97$0.03
2021Detailed filing. Detailed filing data is available for this year.$8.95$11.9$2.94$1.96$2.20$0.24
2020Detailed filing. Detailed filing data is available for this year.$9.16$7.04$2.12$1.85$1.77$0.08
2019Detailed filing. Detailed filing data is available for this year.$9.40$7.18$2.23$1.82$1.75$0.07
2018Detailed filing. Detailed filing data is available for this year.$10.1$7.79$2.29$1.72$1.68$0.03
2017Detailed filing. Detailed filing data is available for this year.$9.97$7.54$2.44$1.64$1.65$0.02
2016Detailed filing. Detailed filing data is available for this year.$10.1$7.61$2.52$1.63$1.66$0.04
2015Detailed filing. Detailed filing data is available for this year.$10.5$7.86$2.67$1.60$1.62$0.02
2014Detailed filing. Detailed filing data is available for this year.$10.8$8.01$2.77$1.60$1.68$0.08
2013Detailed filing. Detailed filing data is available for this year.$11.2$7.95$3.25$1.54$1.62$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$7.17$6.46$0.81
2011Summary only. Only limited summary data is available for this year.$6.71$0.00$6.71$6.56$0.05$6.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 20, 2025
Return Version
2024v5.0
Gross Receipts
$2,226,857
Mission and Program Overview

Mission

Provide decent, affordable housing to moderate and low income persons within guidelines of rev proc 96-32

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,698,097$7,473,153▼ $224,944
Accounts Receivable$8,402$76,244▲ $67,842
Prepaid Expenses and Deferred Charges$50,286$54,996▲ $4,710
Cash and Non-Interest-Bearing Accounts$10,930$21,485▲ $10,555
Total Assets$8,161,347$8,040,929▼ $120,418
Other Assets Total$393,632$415,051▲ $21,419
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,417,374$11,213,373▼ $204,001
Accounts Payable and Accrued Expenses$304,075$343,245▲ $39,170
Other Liabilities$44,961$44,894▼ $67
Deferred Revenue$41,637$43,593▲ $1,956
Total Liabilities$11,808,047$11,645,105▼ $162,942
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,646,700$-3,604,176▲ $42,524
Total Net Assets Fund Balance$-3,646,700$-3,604,176▲ $42,524
Total Liabilities and Net Assets / Fund Balance$8,161,347$8,040,929▼ $120,418

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,729,283$3,865,426$8,594,709
Land$2,040,000-$2,040,000
Other Land Buildings$681,524$529,384$1,210,908
Equipment$22,346$117,490$139,836
Leasehold Improvements-$89,168$89,168
Other Assets Org$10,950--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Joseph W DingmanTreasurer$3,600$3,600

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,226,814
Investment Income
$43
Other Revenue
$0
Change in Net Assets
$42,524

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,226,857
Total Revenue per Audited Statements
$2,226,857
Total Revenue per Form 990
$2,226,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,877,729
Salaries, Compensation, and Employee Benefits$306,604
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$918,888--$918,888
Depreciation Depletion$490,899--$490,899
Other Salaries and Wages$273,025--$273,025
Fees for Services Management-$96,179-$96,179
Office Expenses$29,580--$29,580
Payroll Taxes$19,153--$19,153
Other Employee Benefits$14,426--$14,426
Fees for Services Legal-$13,974-$13,974
Fees for Services Accounting-$9,820-$9,820
Advertising$9,484--$9,484
Other Expenses$2,093$2,843-$2,093
Insurance$1,785--$1,785
Total Functional Expenses$2,061,517$122,816$0$2,184,333

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,184,333
Total Expenses per Audited Statements$2,184,333
Total Expenses per Form 990$2,184,333
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
Security Deposits$44,894
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
No
Other officer compensation reviewed
No
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

Apartment operations are managed by a professional property management com pany.

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

Directors receive copies of the 990 for their review prior to filing

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

There were no transactions with or compensation to board members by the organization during the year.

Form 990, Page 6, Part VI, Line 19

UPON WRITTEN REQUEST

Filing and Contact Details

Filer

Filer Name
St Catherine of Siena Inc
EIN
75-2821401
Phone
9722411272
Address
2920 FOREST LANE BOX 415, DALLAS, TX 75234
Doing Business As
Hebron Trails Apartments

Signing Officer

Name
Joseph W Dingman
Title
Treasurer
Phone
9722411272
Signed
2025-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sister Mary Anne Owens Ssnd
Formed
1999
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
Jason R Pennington
Phone
2259263360
Supplemental Narrative

Additional Explanations

Form 990

The organization's mission is to provide rental apartments to low income persons within guidelines of rev. Proc. 96-32.

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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt02226814
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt043
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0169
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0277
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02149846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01998839
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01961643
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0117490
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IRS990ScheduleD/ExpensesSubtotalAmt02184333
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02040000
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt089168
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt180192
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UTILITY DEPOSITS
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0415051
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SHANNON ORTLEB
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MISSION IS TO PROVIDE RENTAL APARTMENTS TO LOW INCOME PERSONS WITHIN GUIDELINES OF REV. PROC. 96-32.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APARTMENT OPERATIONS ARE MANAGED BY A PROFESSIONAL PROPERTY MANAGEMENT COM PANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS RECEIVE COPIES OF THE 990 FOR THEIR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE WERE NO TRANSACTIONS WITH OR COMPENSATION TO BOARD MEMBERS BY THE ORGANIZATION DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VILLA SANTA MARIA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NOTRE DAME COURT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ST STEPHEN INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3ST MARTIN DE PORRES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4NOTRE DAME PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5ST JUDE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6ST MARGARET INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7CENTRAL DALLAS COMMUNITY DEVELOPMEN
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORD HSG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFFORD HSG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2AFFORD HSG

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