2024-03-28T15:43:49-05:00 2023-06-30 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2022-07-01 541441917 CARITAS CARI 8043580964 2220 STOCKTON STREET RICHMOND VA 23224 KAREN O'BRIEN PRESIDENT/CEO 8043580964 2024-03-28 1 KAREN OBRIEN 999009999 1 LAURA KIELCZEWSKI P00740769 9732283500 2024-03-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN O'BRIEN 2220 STOCKTON STREET RICHMOND VA 23224 7230922 0 X WWW.CARITASVA.ORG X 1987 VA CARITAS PROVIDES EMERGENCY SHELTER, RECOVERY SERVICES, AND HOUSING RESOURCES TO THOUSANDS OF PEOPLE EACH YEAR. 19 19 134 1000 0 0 4068868 5840580 928128 1162044 57985 188982 89653 -363609 5144634 6827997 510779 553214 0 0 2902330 3549366 0 0 697784 1939514 2680380 5352623 6782960 -207989 45037 20735460 21737110 1140237 1999553 19595223 19737557 X CARITAS CREATES A SAFE SPACE TO HEAL AND TIME TO REBUILD. 0 0 1384775 640158 EMERGENCY SHELTER - CARITAS IS A LEADING PROVIDER OF INCLUSIVE EMERGENCY SHELTER TO UNACCOMPANIED INDIVIDUALS IN CENTRAL VIRGINIA PROVIDING FOOD, SHELTER, HOUSING ASSISTANCE, AND A PATHWAY TO SELF-SUFFICIENCY. CARITAS SERVES MORE THAN 700 PEOPLE ANNUALLY. 1058494 553214 158277 FURNITURE BANK - CARITAS ACCEPTS DONATIONS OF NEW AND GENTLY USED FURNITURE, KITCHENWARE, LINENS AND BASIC HOUSEHOLD ITEMS AT CENTRAL VIRGINIA'S ONLY FURNITURE BANK, WHICH SERVES MORE THAN 650 HOUSEHOLDS ANNUALLY. EQUIPPED WITH BASIC HOUSEHOLD GOODS, THESE FAMILIES CAN DEDICATE THEIR RESOURCES TO BREAKING THE CYCLE OF HOMELESSNESS AND POVERTY. 311091 WORKS- CARITAS RUNS AN INTENSIVE WORKFORCE DEVELOPMENT AND LIFE SKILLS PROGRAM FOR INDIVIDUALS WITH SIGNIFICANT BARRIERS TO EMPLOYMENT INCLUDING HOMELESSNESS, ADDICTION, AND FELONY CONVICTIONS. MORE THAN 75% OF WORKS STUDENTS LEAVE THE PROGRAM EMPLOYED AND EQUIPPED TO THRIVE IN THE COMMUNITY. 1797972 THE HEALING PLACE WOMEN - CARITAS OPERATES A RESIDENTIAL RECOVERY PROGRAM FOR WOMEN STRUGGLING WITH SUBSTANCE USE DISORDERS. THE 120 BED FACILITY INCLUDES A STABILIZATION UNIT, RECOVERY PROGRAM, MEDICAL CLINIC, TRANSITIONAL PROGRAM, AFTER-CARE SERVICES, AND AN ALUMNI ASSOCIATION. 392212 RECOVERY RESIDENCES - CARITAS PROVIDES STABLE HOUSING AT A REASONABLE COST IN A SOBER LIVING ENVIRONMENT AND UTILIZES RESOURCE CONNECTIONS TO ENHANCE INDIVIDUAL SUPPORT NETWORKS, EMPLOYMENT OPPORTUNITIES, SELF-AWARENESS, AND SELF-ESTEEM. OUR CLOSE COMMUNITY PROVIDES A SUPPORTIVE ENVIRONMENT FOR INDIVIDUALS TO PRACTICE THEIR OWN PATHWAYS TO RECOVERY. 103068 OTHER 2293252 5047612 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 67 0 1 134 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MARK CASSIDY 8043580964 2220 STOCKTON STREET RICHMOND VA 23224 ALISON KELLER SECRETARY 1.00 1.00 X X 0 0 0 ARRION DENNIS DIRECTOR 1.00 1.00 X 0 0 0 BILL BIEDENHARN DIRECTOR 1.00 1.00 X 0 0 0 CEDRICK OVERTON DIRECTOR 1.00 1.00 X 0 0 0 CHARLES FITZGERALD DIRECTOR 1.00 1.00 X 0 0 0 CINDY L BIRSINGER DIRECTOR 1.00 1.00 X 0 0 0 DAVID CRAYMER DIRECTOR 1.00 1.00 X 0 0 0 GRANT NEELY DIRECTOR 1.00 1.00 X 0 0 0 GREGORY SUSKIND PRESIDENT 1.00 1.00 X X 0 0 0 JOHN S WEST DIRECTOR 1.00 1.00 X 0 0 0 JOHN ZEHEB TREASURER 1.00 1.00 X X 0 0 0 LINDA HANCOCK DIRECTOR 1.00 1.00 X 0 0 0 MARTIN P KLEIN DIRECTOR 1.00 1.00 X 0 0 0 MICAH WHITE DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL CARTER DIRECTOR 1.00 1.00 X 0 0 0 RICHARD UPTON DIRECTOR 1.00 1.00 X 0 0 0 STEDMAN OAKLEY DIRECTOR 1.00 1.00 X 0 0 0 SUSAN BROWN DAVIS DIRECTOR 1.00 1.00 X 0 0 0 T PRESTON LLOYD VICE PRESIDENT 1.00 1.00 X X 0 0 0 ELLY FLIPPEN OUTGOING CFO 40.00 1.00 X 94492 0 15070 KAREN J STANLEY OUTGOING PRESIDENT/CEO 40.00 1.00 X 210553 0 14998 KAREN O'BRIEN COO/PRESIDENT/CEO 40.00 1.00 X 128499 0 19421 MARK CASSIDY CFO 40.00 1.00 X 0 0 0 CLARA STOKES CAO 40.00 X 121434 0 13943 554978 0 63432 3 0 1 0 0 142557 1914947 3783076 1400517 5840580 PROGRAM & DELIVERY FEE 900099 1023116 1023116 SPECIAL PROJECTS 900099 138928 138928 1162044 190425 190425 401482 402925 -1443 -1443 -1443 INCOME/LOSS FROM SUBSI 900099 -370233 -370233 6624 6624 -363609 6827997 798435 0 188982 553214 553214 471607 320906 83600 67101 2577473 1754858 454577 368038 46168 28700 5049 12419 249629 170073 53102 26454 204489 156610 19864 28015 40103 40103 50055 50055 25123 14089 8500 2534 22979 1740 1309 19930 81414 43880 3015 34519 86226 48355 29174 8697 1027103 944599 59176 23328 4899 2698 2201 7473 6872 437 164 127631 109800 15800 2031 127748 82236 44672 840 FOOD 388549 366940 3225 18384 SUPPLIES 248804 165409 13001 70394 EMPLOYEE RECRUITMENT 137974 3027 134776 171 REPAIR AND MAINTENANCE 131550 126742 3260 1548 172749 146864 12668 13217 6782960 5047612 1037564 697784 928141 51295 1826252 2476441 1070049 355943 38769 25747 62625 152589 53581 31064 1494369 730994 388700 763375 999062 1125133 14592715 14023232 775566 2732291 20735460 21737110 311217 476375 78822 356143 750198 1167035 1140237 1999553 X 17252317 19431171 2342906 306386 19595223 19737557 20735460 21737110 X 45037 81017 16280 X 0 1 X 1 0 X 3725756 4588102 3394584 4068868 5840580 21617890 3725756 4588102 3394584 4068868 5840580 21617890 1129296 20488594 75285 191437 168902 170551 190425 796600 74014 1561941 82955 128836 9124 1856870 24271360 6415748 0.84410 0.83920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 37,938. 2020 AMOUNT: $ 32,777. 2021 AMOUNT: $ 116,977. 2022 AMOUNT: $ 9,124. FUNDRAISING - 2018 AMOUNT: $ 30,692. 2019 AMOUNT: $ 77,991. 2020 AMOUNT: $ 2,100. 2021 AMOUNT: $ 8,850. INCOME FROM SUBS - 2018 AMOUNT: $ 43,322. 2019 AMOUNT: $ 1,446,012. 2020 AMOUNT: $ 48,078. 2021 AMOUNT: $ 3,009. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 773694 25214 7837 791071 721068 111530 41851 100755 773694 602155 143913 25000 721068 642602 -7090 6559 26798 602155 671145 28412 6519 50436 642602 1.00000 1 0 148842 137653 11189 650145 593341 56804 695382 695382 763375 INVESTMENT IN SUBSIDIARIES 14023232 C 14023232 BENEFICIAL INTEREST IN ASSETS HELD AT THE COMMUNITY FOUNDATION 791071 DUE FORM RELATED ENTITIES 1941220 2732291 CAPITAL LEASES 13683 RENT LIABILITY 1153352 1167035 X PART V, LINE 4: ON SEPTEMBER 18, 2007, CARITAS ENTERED INTO AN AGREEMENT WITH THE COMMUNITY FOUNDATION FOR A GREATER RICHMOND (THE "CF") TO CREATE AN AGENCY ENDOWMENT FUND (THE "FUND") AS DESCRIBED UNDER FASB ASC 958-20, FINANCIALLY INTERRELATED NONPROFIT ENTITIES. THE BOARD OF DIRECTORS DESIGNATED $500,000 TO BE TRANSFERRED TO ESTABLISH THE ENDOWMENT AND RECORDED IT AS A "BENEFICIAL INTEREST IN ASSETS HELD AT THE COMMUNITY FOUNDATION". UNDER THE TERMS OF THE AGREEMENT, VARIANCE POWER WAS GRANTED TO THE CF, INCLUDING THE POWER FOR THE CF'S BOARD OF GOVERNORS TO MODIFY ANY RESTRICTIONS OR CONDITIONS ON THE DISTRIBUTION OF THE FUNDS FOR ANY SPECIFIED CHARITABLE PURPOSE OR TO SPECIFIED ORGANIZATIONS, IF IN THEIR SOLE JUDGMENT, SUCH RESTRICTION OR CONDITION BECOMES INCAPABLE OF FULFILLMENT. ENDOWMENT SPENDABLE INCOME SHALL BE DETERMINED EACH YEAR TO BE NOT MORE THAN 4% OF THE FUND'S BALANCE AT THE PRIOR CALENDAR YEAR-END. IN ADDITION TO THE AFOREMENTIONED SPENDABLE INCOME, UPON A VOTE OF 75% OF ALL MEMBERS OF THE CARITAS BOARD OF DIRECTORS, AND NOT MORE THAN ONCE IN ANY FIVE YEAR PERIOD, UP TO 10% OF THE PRIOR CALENDAR YEAR ENDING FUND BALANCE MAY BE REQUESTED FOR CAPITAL OR EMERGENCY PURPOSES. ANY SPENDABLE INCOME NOT REQUESTED BY THE CARITAS BOARD OF DIRECTORS WITHIN A GIVEN CALENDAR YEAR WILL BE ADDED TO THE FUND'S PRINCIPAL BALANCE. PART X, LINE 2: THE INTERNAL REVENUE SERVICE (THE "IRS") HAS DETERMINED THAT CARITAS IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC OR THE "CODE"). CARITAS DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2023. DEVELOPER IS A DISREGARDED ENTITY FOR TAX PURPOSES AND ITS TAXABLE INCOME OR LOSS IS INCLUDED WITH THE RETURN FOR CARITAS. CARITAS IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURES IN THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, THE ORGANIZATION'S INFORMATION/TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE ("IRS"), TAX YEARS SINCE 2020 REMAIN OPEN. 0 INDIVIDUAL ASSISTANCE 11993 553214 THRIFT SHOP VALUE DONATED FURNITURE X 0 0 0 0 0 0 0 0 0 KAREN J STANLEY OUTGOING PRESIDENT/CEO 210553 0 0 0 0 0 3808 0 11190 0 225551 0 0 0 X 785268 THRIFT SHOP VALUE X 615249 COST PER LBS. 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PERSONS INVOLVED OR WITH KNOWLEDGE OF CONFLICT ARE TO NOTIFY THE BOARD OF DIRECTORS OF THE CIRCUMSTANCES SO THAT GUIDANCE AND APPROPRIATE ACTION CAN BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AUTHORIZES AN EXECUTIVE COMMITTEE TO REVIEW AND RECOMMEND TO THE BOARD EXECUTIVE COMPENSATION. THE EXECUTIVE COMMITTEE CONSIDERS COMPENSATION PAID BY ORGANIZATIONS OF SIMILAR SIZE AND PURPOSE, EXECUTIVE EXPERIENCE, AND PERFORMANCE IN MAKING THE RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD AT THE COMMUNITY 17,377. OTHER -1,097. CARITAS CENTER DEVELOPER LLC 2220 STOCKTON STREET RICHMOND VA 23224 DEVELOPER OF REAL AND PERSONAL PROPERTY VA 311551 1847 CARITAS THE HEALING PLACE 700 DINWIDDIE AVENUE RICHMOND VA 23224 311770517 MEN'S RESIDENTIAL RECOVERY PROGRAM VA 501(C)(3) LINE 7 CARITAS 1 CARITAS CENTER LLC 2220 STOCKTON STREET RICHMOND VA 23224 813801833 RENTAL DEVELOPMENT VA N/A 0 0 CARITAS CENTER TENANT LLC 2220 STOCKTON STREET RICHMOND VA 23224 823825287 RENTAL VA N/A 0 0 CARITAS STRUCTURE INC 2220 STOCKTON STREET RICHMOND VA 23224 823822780 INVESTMENT VA CARITAS C 1081 2655171 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0