Catholic Housing Corporation of St Clair c/o Holy Family Senior Living

EIN: 222467028 501(c)(3) Housing & Shelter

Bethlehem, PA

Total Revenue
$346,420
Total Expenses
$326,589
Total Assets
$398,230
Net Assets
$-323,960
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
PA
Principal Officer
David Fazio
Phone
6108656245
Tax Period
2024-01-01 to 2024-12-31

Catholic Housing Corporation of St Clair c/o Holy Family Senior Living, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $346K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $327K left a modest 6% surplus.

Mission

SOCIAL, AND SPIRITUAL CARE TO THE ELDERLY. THE ORGANIZATION IS ALSO COMMITTED TO MEETING THE NEEDS OF THE ELDERLY WITH RESPECT, DIGNITY, AND COMPASSION.

Program Service Accomplishments

Program 1
Expenses: $298,520 Revenue: $314,352

CATHOLIC HOUSING CORPORATION OF ST. CLAIR OPERATES A SECTION 8, LOW INCOME, ELDERLY HOUSING PROJECT LOCATED IN ST. CLAIR, PENNSYLVANIA. THERE ARE 8 ONE BEDROOM AND 16 EFFICIENCY APARTMENTS. THE...

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CATHOLIC HOUSING CORPORATION OF ST. CLAIR OPERATES A SECTION 8, LOW INCOME, ELDERLY HOUSING PROJECT LOCATED IN ST. CLAIR, PENNSYLVANIA. THERE ARE 8 ONE BEDROOM AND 16 EFFICIENCY APARTMENTS. THE ORGANIZATION MAINTAINS HIGH RESIDENT SATISFACTION AS MEASURED BY HIGH OCCUPANCY AND LOW TURNOVER; SUPPORTS "AGING IN PLACE" WITH PROGRAMS TO HELP SENIORS REMAIN INDEPENDENT AS LONG AS POSSIBLE; IMPROVES OPERATIONS WITH TRAINING OF ALL MANAGEMENT STAFF IN FAIR HOUSING CERTIFICATION; STRENGTHENS QUALITY OF LIFE PROGRAMS WITH INCREASED OUTREACH TO COMMUNITY ORGANIZATIONS; IMPROVES FOOD SECURITY FOR RESIDENTS BY PARTNERING EACH OF THE EIGHT COMMUNITIES WITH ACCESS TO FOOD BANKS AND DEVELOPS A STRATEGY TO MEET THE GROWING NEED FOR AFFORDABLE HOUSING FOR SENIORS WITH LIMITED INCOME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $314,352
Investment Income $110
Other Revenue $31,958
TOTAL REVENUE $346,420

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,053
Fundraising Expenses $0
Program Expenses $298,520
Other Expenses $243,536
TOTAL EXPENSES $326,589

Year-over-Year Comparison

2024 2023 Change
Revenue $346,420 $309,116 +0.1%
Expenses $326,589 $302,433 +0.1%
Net Income $19,831 $6,683 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$316,582
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph A Shadid Chief Executive Officer 1.0
Officer
$0 $30,655 $195,927
Michael Heneghan CFO (Till 09/06/2024) 1.0
Officer
$0 $8,157 $120,655
John Morahan Chairperson 1.0
Officer Director
$0 $0 $0
Barbara Coffin Vice Chairperson 1.0
Officer Director
$0 $0 $0
John Lynch Treasurer 1.0
Officer Director
$0 $0 $0
Pamela Russo Secretary 1.0
Officer Director
$0 $0 $0
REV RAYMOND C HITTINGER Director 1.0
Director
$0 $0 $0
EVELYN CARFAGNO Director 1.0
Director
$0 $0 $0
MSGR EDWARD COYLE Director 1.0
Director
$0 $0 $0
AMY M DEPUY MD Director 1.0
Director
$0 $0 $0
FATHER ALLEN HOFFA Director 1.0
Director
$0 $0 $0
JUDY STANCZAK Director 1.0
Director
$0 $0 $0
DR CARMINE PELLOSIE Director 1.0
Director
$0 $0 $0
Terry Novatnack Director 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $346,420 $326,589 $398,230 $19,831
2023 $309,116 $302,433 $407,338 $6,683
2022 $292,974 $313,486 $446,137 $-20,512
2021 $276,082 $284,132 $543,171 $-8,050
2020 $292,228 $269,019 $541,204 $23,209
2019 $275,991 $249,108 $606,841 $26,883
2018 $266,531 $265,426 $591,177 $1,105
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