St Vincents Institution

Organization Overview

St Vincents Institution, operating under the name St Vincent's, is located in Santa Barbara, CA. The organization was established in 1946. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2022, St Vincent's employed 75 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Vincent's 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 06/2022, St Vincent's generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $7.0m during the year ending 06/2022. While expenses have increased by 8.4% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

ST. VINCENT'S IS DEDICATED TO STRENGTHENING LOW-INCOME FAMILIES AND SENIORS THROUGH PROGRAMS ROOTED IN THE SOCIAL TEACHINGS OF THE CATHOLIC CHURCH. FAITHFUL TO THE CHARISM OF THE DAUGHTERS OF CHARITY OF ST. VINCENT DE PAUL, WE SERVE OUR SISTERS AND BROTHERS BY PROVIDING AFFORDABLE HOUSING, EARLY CHILDHOOD EDUCATION, AND FAMILY ENRICHMENT OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAN VICENTE MOBILE HOME PARK: IN JULY OF 1977, FESS E. PARKER AND ROB RICE AS LESSEES AND ST. VINCENT'S AS LESSOR ENTERED INTO A 40 YEAR LONG-TERM LAND LEASE. AS PART OF THE LONG TERM LEASE, THE LAND WAS CONVERTED INTO 270 SPACES FOR MOBILE HOMES AND WAS DESIGNATED AS A MOBILE HOME PARK FOR SENIORS 55 YEARS OF AGE OR OLDER. ON JULY 19, 2017, ST. VINCENT'S TRANSFERRED THE UNDERLYING LAND OF SAN VICENTE MOBILE HOME PARK TO VINCENT'S MINISTRIES, LLC AND EXECUTED THE ASSIGNMENT AND ASSUMPTION OF THE 40 YEAR LONG TERM LEASE BY ASSIGNING THE RIGHTS, TITLE, AND INTEREST IN, TO AND UNDER THE LEASE TO VINCENT'S MINISTRIES, LLC. ON JULY 29, 2017, THE SAN VICENTE MOBILE HOME PARK 40 YEAR LONG TERM LEASE TERMINATED AND THE SAN VICENTE MOBILE HOME PARK REVERTED TO VINCENT'S MINISTRIES, LLC.SAN VICENTE MOBILE HOME PARK IS LOCATED ON 41 ACRES AT 340 OLD MILL ROAD IN SANTA BARBARA, CALIFORNIA. THE MOBILE HOME PARK IS REGULATED UNDER THE CALIFORNIA MOBILE HOME RESIDENCY LAW, TITLE 25 OF THE CALIFORNIA CODE OF REGULATIONS, AS WELL AS SANTA BARBARA COUNTY'S RENT CONTROL ORDINANCE. THE MOBILE HOME PARK IS CONSIDERED A FORM OF AFFORDABLE HOUSING IN SANTA BARBARA COUNTY AND TODAY, SAN VICENTE MOBILE HOME PARK IS HOME TO 413 SENIORS.


ST. VINCENT'S EARLY CHILDHOOD EDUCATION (ECEC) IS A CATHOLIC CHILDCARE AND EARLY LEARNING CENTER FOR CHILDREN AGES 6 WEEKS TO 6 YEARS WITH A LICENSED CAPACITY OF UP TO 98 CHILDREN. MAXIMUM CAPACITY WAS LIMITED TO 60 CHILDREN DURING THE COVID-19 PANDEMIC. ST. VINCENT'S ECEC PROVIDES AN EXCELLENT LEARNING ENVIRONMENT AND OPERATES THREE SEPARATE DEVELOPMENT PROGRAMS FOR INFANTS, TODDLERS AND PRESCHOOLERS. THE CHILDREN BENEFIT FROM A HIGH QUALITY FOOD AND NUTRITION PROGRAM WHERE EACH CHILD IS PROVIDED TWO MEALS AND SNACKS DAILY. THE OUTDOOR CLASSROOM IS A VITAL COMPONENT OF THE PROGRAM ALLOWING FOR EDUCATION, PLAY AND EXERCISING IN A SAFE, FRESH AIR ENVIRONMENT.FOR THE YEAR ENDED, 40 CLIENTS WERE SERVED FOR 248 DAYS.


CAMPUS AFFORDABLE HOUSING PROGRAM - DURING THE DEVELOPMENT STAGES OF TWO MAJOR AFFORDABLE HOUSING PROGRAMS ON CAMPUS, ST. VINCENT'S WAS A CO-CORPORATE MEMBER AND CO-SPONSOR WITH MERCY HOUSING, INC. IN 2008, ST. VINCENT'S GARDENS, OFFERING 75 TWO, THREE, AND FOUR BEDROOM APARTMENTS, OPENED FOR FAMILIES IN NEED OF AFFORDABLE HOUSING. IN THE SAME YEAR, ST. VINCENT'S WAS PROUD TO ANNOUNCE THE OPENING OF VILLA CARIDAD, A HUD 202 PRAC SENIOR PROPERTY, PROVIDING 95 ONE-BEDROOM APARTMENTS FOR LOW-INCOME SENIORS ON ITS PROPERTY. MANY OF THESE SENIORS HAD BEEN LIVING IN THEIR AUTOMOBILES, ON THE STREET, OR IN SHELTERS BEFORE THE OPENING OF THESE APARTMENTS. ON JANUARY 1, 2014, ST. VINCENT'S BECAME THE SOLE CORPORATE MEMBER AND MANAGING AGENT OF VILLA CARIDAD AND ON MARCH 11, 2014 ST. VINCENT'S BECAME THE GENERAL PARTNER OF ST. VINCENT'S GARDENS.FOR THE YEAR ENDED, 362 CLIENTS WERE SERVED FOR 365 DAYS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lash Construction Inc
Construction
$949,864
Enviroscaping Inc
Landscape & Maintenance
$117,277
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$114,275
Related organizations$0
Government grants $606,164
All other contributions, gifts, grants, and similar amounts not included above$2,167,130
Noncash contributions included in lines 1a–1f $74,837
Total Revenue from Contributions, Gifts, Grants & Similar$2,887,569
Total Program Service Revenue$2,537,802
Investment income $935,538
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 $36,946
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,291,649

Grants Recieved

Over the last fiscal year, we have identified 5 grants that St Vincents Institution has recieved totaling $85,410.

Awarding OrganizationAmount
Santa Barbara Foundation

Santa Barbara, CA

PURPOSE: HUMAN SERVICES

$33,902
Marian Mullin Hancock Charitable Tr 031893

Chicago, IL

PURPOSE: GENERAL SUPPORT

$28,008
Koch Foundation Inc

Gainesville, FL

PURPOSE: TO SUPPORT A FORMATION AND ARCHIVAL MINISTRY

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: RELIGION RELATED

$10,000
Mufg Union Bank Foundation Ag

Phoenix, AZ

PURPOSE: CHARITABLE

$3,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,153,064
Earnings-$311,956
Net Contributions$222,004
Ending Balance$2,063,112

Peer Organizations

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