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Cathedral Arms Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300169764 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

Overview

What is Cathedral Arms Inc?

Cathedral Arms Inc is a nonprofit organization situated in Pasadena, California. Their primary mission is to provide affordable housing for low-income elderly individuals, specifically those aged 62 or above. With a total of five employees, they manage a federally subsidized apartment complex comprising 206 units, all dedicated to serving this demographic under various HUD programs. Their key focus is on ensuring these senior citizens have access to suitable living conditions.


Is Cathedral Arms Inc legitimate?

Cathedral Arms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cathedral Arms Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,973

For more financial information, click here


What is the mission statement of Cathedral Arms Inc?
Who is the CEO of Cathedral Arms Inc?
What is the revenue of Cathedral Arms Inc?
Who are the executives of Cathedral Arms Inc and what are their salaries?
Where can I find the form 990 for Cathedral Arms Inc?

Mission Statement of Cathedral Arms Inc

Cathedral Arms Inc is dedicated to providing housing solutions for elderly individuals who fall under the category of low income, specifically those who are 62 years of age or older. The organization operates a federally subsidized apartment complex, comprising 206 units, as part of HUD programs. This residential facility serves as a crucial resource, offering these individuals a secure and affordable living space. By doing so, Cathedral Arms Inc contributes to ensuring that elderly individuals have access to suitable housing, thereby enhancing their overall quality of life.

Impact

This information is meant to be a general summary of Cathedral Arms Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Cathedral Arms Inc's impact lies in providing affordable housing solutions to low-income elderly individuals in Pasadena, CA. By operating a federally subsidized apartment complex with 206 units under HUD programs, Cathedral Arms ensures that this vulnerable demographic has access to safe and secure housing. This initiative not only addresses the critical need for affordable housing but also promotes the well-being and quality of life of older adults in the community. Cathedral Arms Inc's efforts exemplify a commitment to serving the most vulnerable populations and making a positive impact on the lives of those in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $134,810
  • Program Service Revenue: $4,688,250
  • Gross Receipts: $4,823,060

    • Assets and Liabilities:
  • Total Assets: $34,686,159
  • Total Liabilities: $11,510,059
  • Net Assets: $23,176,100
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LAUNDRY/VENDING REVENUE

    Revenue

    $6,318

    TENANT CHARGES

    Revenue

    $297

    TENANT RENT

    Revenue

    $4,681,635

    Organization Details

    Founding Year

    2005

    Principal Officer

    Emil J Wohl

    Main Address

    PO BOX 7070, PASADENA, CA, 91109

    NTEE Category

    Code: L22 - Housing

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