nonprofit logo

The Caritas Corporation

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

EIN: 330694603 ✦ Irvine, CA ✦ Designated as a 501(c)(3)

Overview

What is The Caritas Corporation?

The Caritas Corporation is a nonprofit organization based in Irvine, California, with a team of eleven dedicated individuals. Their mission is to support and assist one affiliated corporation in owning and maintaining affordable housing projects, primarily in California and Oregon. These projects consist of mobile home parks and apartment buildings across various cities, including Dana Point, Fresno, Garden Grove, Lancaster, Newcastle, Oceano, Palmdale, Palo Alto, San Marcos, Vacaville, Santa Monica, Yucaipa, Indio, Thermal, Hubbard, Happy Valley, and Woodburn. In California, they plan to construct an affordable housing apartment complex in Napa. Their initiatives aim to provide affordable housing, addressing the increasing need for reliable and reasonably priced housing options for households with fixed or limited incomes. By creating vibrant communities, The Caritas Corporation prioritizes quality of life, resident involvement, and caring.


Official website here: www.caritascorp.org

Is The Caritas Corporation legitimate?

The Caritas Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Caritas Corporation 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: $858,602
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.caritascorp.org

What is the mission statement of The Caritas Corporation?

The Caritas Corporation is a nonprofit organization dedicated to helping local governments by supplying affordable housing options. Their mission is to provide and maintain quality, reasonably priced housing through the acquisition of mobile home parks, apartment buildings, and the development of affordable housing communities. With the rising number of households on fixed or limited incomes and the scarcity of reliable, long-term housing, Caritas strives to create vibrant communities that prioritize quality of life, resident involvement, and care.


Official website here: www.caritascorp.org

Who is the CEO of The Caritas Corporation?

Robert R Redwitz is the Board Member of The Caritas Corporation. The CEO's salary of The Caritas Corporation is $0 and their total compensation is $0.


Official website here: www.caritascorp.org

What is the revenue of The Caritas Corporation?

The Caritas Corporation's revenue in 2022 was $25,570,510.


Official website here: www.caritascorp.org

Who are the executives of The Caritas Corporation and what are their salaries?

The average compensation at The Caritas Corporation during 2022 was $78,055. There are 11 employees and 7 volunteers at The Caritas Corporation.

Here are 14 key members and their salaries (The Caritas Corporation's CEO's salary is $0 and their total compensation is $0):

    Therese Bejotte (Chief Operating Officer)
  • Compensation: $277,290
  • Related: $0
  • Other: $3,661

    • John Woolley (Chief Investing Officer)
  • Compensation: $182,445
  • Related: $0
  • Other: $0

    • Penny Serna (Chief Financial Officer)
  • Compensation: $160,873
  • Related: $0
  • Other: $2,088

    • Gabe Chavez (Vp Of Development)
  • Compensation: $136,429
  • Related: $0
  • Other: $1,730

    • Thomas Mauro (Chief Mission Officer)
  • Compensation: $101,565
  • Related: $0
  • Other: $0

    • Carol Mcdermott (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Thiergartner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Redwitz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Dunfey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles E Packard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Cannon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert R Redwitz (Ceo & Chairman Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Markel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer E Riva (Vp Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.caritascorp.org

    Where can I find the form 990 for The Caritas Corporation?

    The The Caritas Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.caritascorp.org

    Learn more at the official website: www.caritascorp.org

    Mission Statement of The Caritas Corporation

    The Caritas Corporation, a prominent nonprofit organization, strives to make a difference by working closely with local governments to address the critical issue of affordable housing. With the increasing number of households relying on fixed or limited incomes, the scarcity of reliable, long-term, reasonably priced housing has become a major concern. In response, Caritas Corporation sets out to create vibrant communities where residents can enjoy a good quality of life.

    This mission-driven organization, based on the principles of acquisition and development, pursues the acquisition of mobile home parks, apartment buildings, and the development of affordable housing communities. Caritas Corporation's ultimate goal is to provide and maintain quality, affordable housing for those in need. Through these efforts, they aim to prioritize the well-being of residents, foster community involvement, and promote a caring environment.

    By focusing on the acquisition and development of affordable housing, Caritas Corporation plays a vital role in addressing the housing crisis faced by numerous households. Their commitment to creating sustainable and thriving communities is a beacon of hope for individuals and families seeking reliable and reasonably priced housing options.

    Impact

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




    Thursday, August 15, 2024

    The Caritas Corporation impacts communities by providing and maintaining quality, affordable housing through the acquisition of mobile home parks, apartment buildings, and the development of affordable housing communities. They have successfully purchased and operate multiple affordable housing projects in California and Oregon. This organization's mission is focused on addressing the increasing need for affordable housing for households on fixed or limited incomes. Through their efforts, they aim to create vibrant communities where quality of life, resident involvement, and caring are prioritized.





    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: $694,260
  • Program Service Revenue: $22,940,399
  • Gross Receipts: $25,570,510

    • Assets and Liabilities:
  • Total Assets: $173,667,410
  • Total Liabilities: $184,836,212
  • Net Assets: -$11,168,802
  • Programs

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

    RENTAL INCOME

    Revenue

    $17,866,421

    ANCILLARY FEES

    Revenue

    $5,073,978

    Organization Details

    Founding Year

    1996

    Principal Officer

    Robert R Redwitz

    Main Address

    3 PARK PLAZA 1700, IRVINE, CA, 92614

    NTEE Category

    Code: L200 - Housing

    If you are a representative of The Caritas Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.