Civic Intelligence

Caritas Villa

990 • Fiscal year 2016 • EIN 93-0986405

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 21, 2016

2740 SE Powell Boulevard Suite 5Portland, OR 97202

(503) 231-4866

Siviq Scores

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

Liabilities / Assets

97th percentile

1.78x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

4.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

31st percentile

-3.8%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

23rd percentile

-5.8%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

48th percentile

1.9%

Faster revenue growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$687,232

Down $42,154 (-5.8%) from 2015

Net Assets

Down

-$538,849

Down $11,429 (-2.2%) from 2015

Liabilities

Down

$1,226,081

Down $30,725 (-2.4%) from 2015

Revenue

Up

$302,428

Up $5,778 (+1.9%) from 2015

Expenses

Down

$313,857

Down $30,419 (-8.8%) from 2015

Net Income

Up

-$11,429

Up $36,197 (+76%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $937,364Liabilities 2011: $1,300,690Net Assets 2011: -$363,3262011Assets 2012: $891,648Liabilities 2012: $1,287,840Net Assets 2012: -$396,1922012Assets 2013: $837,042Liabilities 2013: $1,281,918Net Assets 2013: -$444,8762013Assets 2014: $788,517Liabilities 2014: $1,254,755Net Assets 2014: -$466,2382014Assets 2015: $729,386Liabilities 2015: $1,256,806Net Assets 2015: -$527,4202015Assets 2016: $687,232Liabilities 2016: $1,226,081Net Assets 2016: -$538,8492016Assets 2017: $630,608Liabilities 2017: $1,193,198Net Assets 2017: -$562,5902017Assets 2018: $1,073,807Liabilities 2018: $1,697,254Net Assets 2018: -$623,4472018Assets 2019: $1,135,118Liabilities 2019: $1,502,083Net Assets 2019: -$366,9652019Assets 2020: $1,161,493Liabilities 2020: $1,566,191Net Assets 2020: -$404,6982020Assets 2021: $1,105,896Liabilities 2021: $1,587,020Net Assets 2021: -$481,1242021Assets 2022: $1,068,898Liabilities 2022: $1,551,508Net Assets 2022: -$482,6102022Assets 2023: $958,736Liabilities 2023: $1,421,606Net Assets 2023: -$462,8702023Assets 2024: $1,036,314Liabilities 2024: $1,487,264Net Assets 2024: -$450,9502024

Highlighted filing

2016

Assets$687,232
Liabilities$1,226,081
Net Assets-$538,849

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $278,626Expenses 2011: $280,038Net Income 2011: -$1,4122011Revenue 2012: $274,746Expenses 2012: $285,102Net Income 2012: -$10,3562012Revenue 2013: $296,038Expenses 2013: $339,750Net Income 2013: -$43,7122013Revenue 2014: $287,430Expenses 2014: $308,792Net Income 2014: -$21,3622014Revenue 2015: $296,650Expenses 2015: $344,276Net Income 2015: -$47,6262015Revenue 2016: $302,428Expenses 2016: $313,857Net Income 2016: -$11,4292016Revenue 2017: $294,654Expenses 2017: $318,395Net Income 2017: -$23,7412017Revenue 2018: $308,188Expenses 2018: $369,045Net Income 2018: -$60,8572018Revenue 2019: $626,134Expenses 2019: $369,652Net Income 2019: $256,4822019Revenue 2020: $373,208Expenses 2020: $410,941Net Income 2020: -$37,7332020Revenue 2021: $401,277Expenses 2021: $477,703Net Income 2021: -$76,4262021Revenue 2022: $414,043Expenses 2022: $415,529Net Income 2022: -$1,4862022Revenue 2023: $451,597Expenses 2023: $431,857Net Income 2023: $19,7402023Revenue 2024: $494,430Expenses 2024: $482,510Net Income 2024: $11,9202024

Highlighted filing

2016

Revenue$302,428
Expenses$313,857
Net Income-$11,429
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 21, 2016
Return Version
2015v2.1
Gross Receipts
$302,428
Mission and Program Overview

Mission

The corporation provides low-income housing to elderly and disabled persons via a 30-unit apartment complex. The corporation offers comfort, security, and a clean environment to enhance the quality of life. The project receives financing through the u.s. Department of housing and urban development, which among other things, controls the rents of the project.

The corporation provides low-income housing to elderly and disabled persons via a 30-unit apartment complex. The corporation offers comfort, security, and a clean environment to enhance the quality of life. The project receives financing through the u.s. Department of housing and urban development, which, among other things, controls the rents of the projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$458,432$415,736▼ $42,696
Cash and Non-Interest-Bearing Accounts$201,552$203,787▲ $2,235
Intangible Assets$63,178$60,934▼ $2,244
Prepaid Expenses and Deferred Charges$6,224$5,643▼ $581
Accounts Receivable-$1,132-
Total Assets$729,386$687,232▼ $42,154
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,223,017$1,207,629▼ $15,388
Other Liabilities$12,435$12,735▲ $300
Accounts Payable and Accrued Expenses$21,354$5,717▼ $15,637
Total Liabilities$1,256,806$1,226,081▼ $30,725
Net Assets / Fund Balance
Unrestricted Net Assets$-527,420$-538,849▼ $11,429
Total Net Assets Fund Balance$-527,420$-538,849▼ $11,429
Total Liabilities and Net Assets / Fund Balance$729,386$687,232▼ $42,154

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$302,279$936,243$1,238,522
Land$111,104-$111,104
Other Land Buildings$2,353$27,823$30,176
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott JonssonPresident
Brian ThomasDirector
Lori BaumanDirector
E Henry FitzgibbonSecretary
Paul KesterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$302,337
Investment Income
$91
Other Revenue
$0
Change in Net Assets
$-11,429

Audited Revenue Reconciliation

Revenue per Audited Statements
$302,428
Total Revenue per Audited Statements
$302,428
Total Revenue per Form 990
$302,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$313,857
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
Interest$79,567--$79,567
Depreciation Depletion$44,940--$44,940
Fees for Services Management$17,900--$17,900
Other Expenses$17,795--$17,795
All Other Expenses$16,501--$16,501
Insurance$11,395--$11,395
Fees for Services Accounting$4,782--$4,782
Office Expenses$1,623--$1,623
Advertising$663--$663
Total Functional Expenses$313,857$0$0$313,857

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$313,857
Total Expenses per Audited Statements$313,857
Total Expenses per Form 990$313,857
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
Interest Payable$6,592
Tenant Security Deposits$5,261
Prepaid Rent$882
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No

Governance Explanations

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

Reviewed by catholic charities finance committee.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Caritas Villa
EIN
93-0986405
Phone
5032314866
Address
2740 SE POWELL BOULEVARD SUITE 5, PORTLAND, OR 97202

Signing Officer

Name
Scott Jonsson
Title
President
Phone
5032314866
Signed
2016-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Jonsson
Formed
1983
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
LOVERIDGE HUNT & CO CPA'S
Address
14725 SE 36TH ST STE 401, BELLEVUE, WA 98006-1682
Preparer
Jie Klemm
Phone
4254532088
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation provides low-income housing to elderly and disabled persons via a 30-unit apartment complex. The corporation offers comfort, security, and a clean environment to enhance the quality of life. The project receives financing through the u.s. Department of housing and urban development, which, among other things, controls the rents of the projects.

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IRS990ScheduleA/TotalSupportAmt01457292
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0302279
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0936243
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01238522
IRS990ScheduleD/ExpensesSubtotalAmt0313857
IRS990ScheduleD/LandGrp/BookValueAmt0111104
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0111104
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02353
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027823
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06592
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15261
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID RENT
IRS990ScheduleD/RevenueSubtotalAmt0302428
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0415736
IRS990ScheduleD/TotalExpensesPerForm990Amt0313857
IRS990ScheduleD/TotalLiabilityAmt012735
IRS990ScheduleD/TotalRevenuePerForm990Amt0302428
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0302428
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0313857
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION PROVIDES LOW-INCOME HOUSING TO ELDERLY AND DISABLED PERSONS VIA A 30-UNIT APARTMENT COMPLEX. THE CORPORATION OFFERS COMFORT, SECURITY, AND A CLEAN ENVIRONMENT TO ENHANCE THE QUALITY OF LIFE. THE PROJECT RECEIVES FINANCING THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, WHICH, AMONG OTHER THINGS, CONTROLS THE RENTS OF THE PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY CATHOLIC CHARITIES FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CATHOLIC CHARITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0930386801
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL SER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02740 SE POWELL BLVD 5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PORTLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd097202
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0729386
IRS990/TotalAssetsEOYAmt0687232
IRS990/TotalAssetsGrp/BOYAmt0729386
IRS990/TotalAssetsGrp/EOYAmt0687232
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0313857
IRS990/TotalFunctionalExpensesGrp/TotalAmt0313857
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01256806
IRS990/TotalLiabilitiesEOYAmt01226081
IRS990/TotalLiabilitiesGrp/BOYAmt01256806
IRS990/TotalLiabilitiesGrp/EOYAmt01226081
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-527420
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-538849
IRS990/TotalProgramServiceExpensesAmt0313857
IRS990/TotalProgramServiceRevenueAmt0302337
IRS990/TotalRevenueGrp/ExclusionAmt091
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0302337
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0302428
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0729386
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0687232
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-527420
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-538849
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02740 SE POWELL BLVD 5
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097202
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT JONSSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05032314866
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARITAS VILLA
ReturnHeader/Filer/BusinessNameControlTxt0CARI
ReturnHeader/Filer/EIN0930986405
ReturnHeader/Filer/PhoneNum05032314866
ReturnHeader/Filer/USAddress/AddressLine1Txt02740 SE POWELL BOULEVARD SUITE 5
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097202
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911347576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOVERIDGE HUNT & CO CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014725 SE 36TH ST STE 401
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLEVUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0980061682
ReturnHeader/PreparerPersonGrp/PhoneNum04254532088
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JIE KLEMM
ReturnHeader/ReturnTs02016-11-21T13:48:18-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.04$1.49$0.45$0.49$0.48$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.96$1.42$0.46$0.45$0.43$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.07$1.55$0.48$0.41$0.42$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.11$1.59$0.48$0.40$0.48$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.16$1.57$0.40$0.37$0.41$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.14$1.50$0.37$0.63$0.37$0.26
2018Detailed filing. Detailed filing data is available for this year.$1.07$1.70$0.62$0.31$0.37$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.63$1.19$0.56$0.29$0.32$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.69$1.23$0.54$0.30$0.31$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.73$1.26$0.53$0.30$0.34$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.79$1.25$0.47$0.29$0.31$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$1.28$0.44$0.30$0.34$0.04
2012Summary only. Only limited summary data is available for this year.$0.89$1.29$0.40$0.27$0.29$0.01
2011Summary only. Only limited summary data is available for this year.$0.94$1.30$0.36$0.28$0.28$0.00