Casa Otonal Inc
- Assets
- $996.5k
- Revenue
- $743.2k
- Investments
- $0.0
- Employees
- 7
- Location
- New Haven, CT
- Founding
- 09/1976
- Data as of
- 12/2023
- EIN
- 51-0201170
Organization Overview
Casa Otonal Inc is located in New Haven, CT. The organization was established in 1976. 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. As of 12/2023, Casa Otonal Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casa Otonal Inc 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 12/2023, Casa Otonal Inc generated $743.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $405.2k during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CASA OTONAL, INC. STRIVES TO CREATE AN EMPOWERED AND VIBRANT COMMUNITY BY PROVIDING AFFORDABLE HOUSING, SENIOR & FAMILY SUPPORTIVE SERVICES, YOUTH ENRICHMENT PROGRAMMING AND WORKFORCE DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASA OTONAL, INC. PROVIDES AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES FOR LATINO AND NEW HAVEN ELDERS. SERVICES INCLUDE LATINO INSPIRED BREAKFAST AND LUNCH MENU ITEMS, CULTURAL ARTS, RECREATIONAL ACTIVITIES AND ACCESS TO CITY-WIDE SERVICES. THE NUTRITION PROGRAM PROVIDES NUTRITIOUS, APPETIZING HISPANIC STYLE LUNCHES, 5 DAYS A WEEK, APPROXIMATELY 11,383 MEALS.
CASA OTONAL, INC. HAS OPERATED A TRAINING PROGRAM IN SPANISH LEADING TO THE NATIONAL CHILD DEVELOPMENT ASSOCIATE (CDA) CREDENTIAL FOR OVER 400 COMMUNITY PARTICIPANTS SINCE 1993. SPANISH-SPEAKING ADULTS HAVE BEEN TRAINED TO MEET THE REQUIREMENTS OF THE NATIONAL CDA COUNCIL IN WASHINGTON, D.C. AND HAVE BEEN EMPLOYED TO WORK IN PRIVATE CHILD CARE CENTERS AND EARLY EDUCATION PROGRAMS IN PUBLIC SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elmer Rivera-Bello President/ceo | OfficerTrustee | 40 | $120,000 |
Juan Candelaria Chair | OfficerTrustee | 1 | $0 |
Ramon S Rodriguez Treasurer | OfficerTrustee | 1 | $0 |
Larry Vanterpool Director | Trustee | 1 | $0 |
Vivianna Camacho Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $286,631 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,123 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,754 |
| Total Program Service Revenue | $140,727 |
| Investment income | $476 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $743,175 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,000 |
| Compensation of current officers, directors, key employees. | $2,960 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,241 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,002 |
| Fees for services: Accounting | $40,764 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,439 |
| Advertising and promotion | $0 |
| Office expenses | $8,055 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,697 |
| Travel | $4,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,971 |
| Insurance | $15,932 |
| All other expenses | $23,365 |
| Total functional expenses | $405,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,236 |
| Savings and temporary cash investments | $208,167 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,272 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,128 |
| Net Land, buildings, and equipment | $185,995 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $427,695 |
| Total assets | $996,493 |
| Accounts payable and accrued expenses | $25,600 |
| Grants payable | $0 |
| Deferred revenue | $20,144 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,950 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $90,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $139,694 |
| Net assets without donor restrictions | $840,239 |
| Net assets with donor restrictions | $16,560 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $996,493 |