2025-10-09T17:47:01-05:00 2024-12-31 582487348 Aprio Advisory Group LLC 2002 Summit Boulevard Suite 120 Atlanta GA 30319 990 2024-01-01 582087007 Catholic Retirement Facilities Inc CATH 4049207403 2401 Lake Park Drive SE Smyrna GA 30080 Vanessa Russell President 4049207403 2025-10-09 1 1 Stacy Cullen P00974308 4048929651 2025-10-09 2024 2025-03-06 01:10:19Z Vanessa Russell 2401 Lake Park Drive SE Smyrna GA 30080 328854 0 X N/A X 1988 GA To own and operate an apartment facility for low-income elderly and self-sufficient handicapped persons under section 202 of the National Housing Act. 4 4 0 4 0 0 0 0 321169 328838 16 16 0 0 321185 328854 0 0 0 0 98655 102065 0 0 0 275554 305334 374209 407399 -53024 -78545 1438131 1358852 633319 632585 804812 726267 To own and operate an apartment facility for low-income elderly and self-sufficient handicapped persons in Atlanta, Georgia. The facility was developed and is operated in accordance with the US Department of Housing and Urban Development's section 202 housing program. 0 0 340110 328838 Operation and maintenance of an apartment complex for the elderly and self-sufficient handicapped in accordance with the Us Department of Housing and Urban Development section 202 program. 340110 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 GA X Catholic Housing Initiatives Inc 4049207403 2401 Lake Park Drive SE Smyrna GA 30080 X Vanessa Russell President & Board Member 1.00 X X 0 0 0 Bradley J Wilson Board Member 1.00 X 0 0 0 Melissa Chapman Treasurer 1.00 X 0 0 0 Deacon Dennis Dorner Sr Secretary 1.00 X 0 0 0 0 0 0 0 0 0 0 0 HUD Subsidy Rental Inc 531110 205976 205976 Rental and Other Incom 531110 122862 122862 328838 16 16 328854 328838 0 16 73637 73637 22795 22795 5633 5633 50985 50985 14074 14074 14752 12522 2230 12878 12878 3880 3880 65083 65083 11980 11980 Operating & Maintenance 131702 131702 407399 340110 67289 0 74181 105891 161518 141027 38542 13127 7304 7304 2761920 1670417 1156586 1091503 1438131 1358852 53504 55867 1208 1911 578607 574807 633319 632585 X 804812 726267 804812 726267 1438131 1358852 -78545 0 X X 0 1 X 0 1 1 X 273572 285071 284153 321169 328838 1492803 273572 285071 284153 321169 328838 1492803 0 0 0 1492803 97 15 18 17 16 163 97 15 18 17 16 163 273669 285086 284171 321186 328854 1492966 0.99990 0.99900 0.00010 0.00100 X 210000 210000 2537947 1656444 881503 13973 13973 0 1091503 Tenant Security Deposit Liability 13789 Accrued Wages Payable 181711 Accrued Property Management Fees 147869 Advances from Affiliates 231438 574807 X 328854 0 328854 0 328854 407399 0 407399 0 407399 Part X, Line 2: The Organization is organized and operated exclusively for charitable, not-for-profit purposes. The Internal Revenue Service has, in prior years, issued its determination letter reflecting that Catholic Retirement Facilities, Inc. is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The Corporation has also been classified as an entity that is not a private foundation within the meaning of Section 509(a) and qualifies for deductible contributions as provided in Section 170(b)(1)(A)(vi). Therefore, no income tax provision has been icluded in the financial statements. The Organization is no longer subject to income tax examinations for calendar years up to and including 2020. Form 990, Part VI, Section A, line 3 The organization has engaged a property management company to oversee the day-to-day operation of the apartment complex owned by the organization. The management company is experienced in the operation of low-income rental housing under HUD's section 202 program. The management contract has been approved by HUD. Form 990, Part VI, Section B, line 11b The Executive Director reviews and approves the 990 before filing. Form 990, Part VI, Section B, line 12c Officers and Directors are reminded of this policy at each board meeting and are asked to disclose any potential Conflicts of Interest for discussion by the board. Form 990, Part VI, Section C, line 19 The documents are available upon request. Form 990, Part XII, Line 2C: There have been no changes to the oversight process used in previous years. Catholic Housing Initiatives Inc 680 W Peachtree Street Atlanta GA 30308 581813997 AFF Housing GA 501(c)3 509(a)2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Catholic Housing Initiatives Inc M 340054 Actual Value