Il Ritiro is located in Dittmer, MO. The organization was established in 1946. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. IL Ritiro is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, IL Ritiro generated $111.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $87.8k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
0
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
FR Bertin Miller Ofm President | 10 | $0 | |
FR Justin Belitz Secretary | 1 | $0 | |
FR Tom Nairn Ofm Member | 1 | $0 | |
FR Wayne Hellmann Ofm Conv Member | 1 | $0 | |
FR Pio Jackson Ofm Member | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,735 |
| Total Program Service Revenue | $49,082 |
| Membership dues | $0 |
| Investment income | $115 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,932 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,094 |
| Professional fees and other payments to independent contractors | $4,719 |
| Occupancy, rent, utilities, and maintenance | $38,263 |
| Printing, publications, postage, and shipping | $554 |
| Other expenses | $7,152 |
| Total expenses | $87,782 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,553 |
| Other assets | $0 |
| Total assets | $18,553 |
| Total liabilities | $61,387 |
| Net assets or fund balances | -$42,834 |