Casa
- Assets
- $35.5m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 34
- Location
- Raleigh, NC
- Founding
- 09/1992
- Data as of
- 06/2021
- EIN
- 56-1778714
Organization Overview
Casa is located in Raleigh, NC. The organization was established in 1992. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Casa employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casa 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 06/2021, Casa generated $9.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $5.8m during the year ending 06/2021. While expenses have increased by 6.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CASA PROVIDES ACCESS TO STABLE, AFFORDABLE HOUSING FOR PEOPLE WHO ARE HOMELESS OR AT RISK BY DEVELOPING AND MANAGING RENTAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASA DEVELOPS, OWNS AND MANAGES RENTAL PROPERTIES THAT PROVIDE SAFE, DECENT AND AFFORDABLE APARTMENTS FOR PEOPLE WHO ARE OF LOW INCOME, MANY HAVE BEEN HOMELESS AND MAY HAVE A DISABILITY. CASA PARTNERS WITH AREA AGENCIES TO PROVIDE SUPPORTIVE SERVICES TO TENANTS WITH DISABILITIES.
CASA DEVELOPS, OWNS AND MANAGES RENTAL PROPERTIES THAT PROVIDE SAFE, DECENT AND AFFORDABLE APARTMENTS FOR PEOPLE WHO ARE OF LOW INCOME, MANY HAVE BEEN HOMELESS AND MAY HAVE A DISABILITY. CASA PARTNERS WITH AREA AGENCIES TO PROVIDE SUPPORTIVE SERVICES TO TENANTS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jean Seyda Chief Executive Officer | Officer | 40 | $113,807 |
Trina Clayeaux Chief Operating Officer | Officer | 40 | $110,304 |
Daneene Barton Chief Financial Officer | Officer | 40 | $85,194 |
Carol Blue Secretary | OfficerTrustee | 0.55 | $0 |
Sylvia Phillips Jurgensen Treasurer | OfficerTrustee | 0.96 | $0 |
Stewart Witzeman Chair | OfficerTrustee | 2.19 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Olympian Welding & Fabrication Construction | 6/29/20 | $266,088 |
Olympian Welding & Fabrication Construction | 6/29/20 | $266,088 |
Sta-bil Construction Llc Construction | 6/29/20 | $145,510 |
Olympian Welding & Fabrication Construction | 6/29/20 | $266,088 |
Sta-bil Construction Llc Construction | 6/29/20 | $145,510 |
Sta-bil Construction Llc Construction | 6/29/20 | $145,510 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $745,372 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,733,764 |
| Noncash contributions included in lines 1a–1f | $261,749 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,479,136 |
| Total Program Service Revenue | $3,438,304 |
| Investment income | $10,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,814 |
| Net Income from Fundraising Events | $3,850 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,943,416 |
| 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. | $338,840 |
| Compensation of current officers, directors, key employees. | $291,877 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $867,777 |
| Pension plan accruals and contributions | $21,087 |
| Other employee benefits | $147,433 |
| Payroll taxes | $100,107 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,157 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $501,678 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $283,331 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,034,163 |
| Insurance | $28,598 |
| All other expenses | $0 |
| Total functional expenses | $5,849,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,226,768 |
| Pledges and grants receivable | $3,182,250 |
| Accounts receivable, net | $29,976 |
| 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 | $0 |
| Net Land, buildings, and equipment | $25,873,477 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $153,327 |
| Total assets | $35,465,798 |
| Accounts payable and accrued expenses | $260,947 |
| Grants payable | $0 |
| Deferred revenue | $82,872 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $25,834,235 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $241,269 |
| Total liabilities | $26,419,323 |
| Net assets without donor restrictions | $3,789,949 |
| Net assets with donor restrictions | $5,256,526 |
| 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 | $35,465,798 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that Casa has recieved totaling $1,036,399.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $418,333 |
Gipson Family Foundation Raleigh, NC PURPOSE: GENERAL ACTIVITIES | $100,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $75,000 |
Disabled American Veterans Charitable Service Trust Erlanger, KY PURPOSE: Homeless/Indigent/ Crisis Intervention | $71,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |
Habitat For Humanity Of Greater Nashville Nashville, TN | $71,491,096 | $16,513,254 |
Virginia Supportive Housing Richmond, VA | $30,778,021 | $11,444,363 |
Habitat For Humanity International Inc Memphis, TN | $13,622,959 | $12,248,424 |
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |