AI Summary
Caritas Plaza is a nonprofit organization dedicated to providing low-income housing for elderly and handicapped individuals through a 30-unit apartment building, with financial support from the Department of Housing and Urban Development (HUD). With an operating budget of $557.2K and total revenue of $569.2K for the 2024 filing year, the organization focuses on special population support and relies on diverse funding sources, ensuring no single funder contributes 50% or more of its revenue.
Mission Statement
THE OBJECTIVE OF CARITAS PLAZA IS TO PROVIDE LOW-INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS THROUGH A 30-UNIT APARTMENT BUILDING. THIS OBJECTIVE IS ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WHICH PROVIDES SUBSIDIZED RENTS TO THE CORPORATION. ALL RECEIPTS OF INCOME IN THE PROJECT CONTRIBUTE TO THE ACCOMPLISHMENT OF THIS OBJECTIVE.
Cause Areas
1
Special population support
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is CARITAS PLAZA’s budget?
In 2024, CARITAS PLAZA reported an annual operating budget of around $557 thousand. More detailed financial information is available to registered users.
What causes does CARITAS PLAZA support?
CARITAS PLAZA supports work in Special population support.
Where does CARITAS PLAZA operate?
CARITAS PLAZA is headquartered in PORTLAND, OR.
What is CARITAS PLAZA’s reliance on government grants?
CARITAS PLAZA relied on government grants for more than 80% of their total revenue in 2024.