St Michaels Housing Inc

Organization Overview

St Michaels Housing Inc, operating under the name Casa Miguel, is located in St Petersburg, FL. The organization was established in 1946. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Casa Miguel employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Casa Miguel 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 12/2021, Casa Miguel generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE ARE A HUD SUBSIDIZED AND REGULATED APARTMENT COMPLEX. OUR MISSION IS TO PROVIDE AFFORDABLE HOUSING AND OTHER SERVICES TO LOW-INCOME ELDERLY AND/OR HANDICAPPED INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

82 APARTMENTS FOR LOW-INCOME ELDERLY PERSONS UNDER SECTION 223(F) OF THE NATIONAL HOUSING ACT, HUD REGULATED, SECTION 8 RENT SUBSIDY.


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Board, Officers & Key Employees

Name (title)Compensation
Rev Gregg Tottle
President
$0
Frank Murphy
Vice Preside
$0
James Wayne
Treasurer
$0
Joseph Sorota Jr ESQ
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $833,403
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$833,403
Total Program Service Revenue$239,620
Investment income $1,659
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 $1,079,110

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