CATHOLIC HOUSING OF MOBILE INC

EIN: 237122037 501(c)(3)

MOBILE, AL

Total Revenue
$8,291,731
Total Expenses
$7,754,280
Total Assets
$26,266
Net Assets
$23,944
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
AL
Principal Officer
MONSIGNOR WILLIAM J SKON
Phone
2514792003
Tax Period
2018-07-01 to 2019-06-30

CATHOLIC HOUSING OF MOBILE INC, founded in 1975, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2018. Revenue surged 348% from the prior year, signaling strong growth momentum. Expenses of $7.8M left a modest 6% surplus.

Mission

PROVIDES FOR THE OPERATION AND MAINTENANCE OF APT COMPLEXES FOR THE ELDERLY, DISABLED AND LOW INCOME FAMILIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,498,929
Investment Income $6,792,802
Other Revenue $0
TOTAL REVENUE $8,291,731

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,764,518
Other Expenses $7,754,280
TOTAL EXPENSES $7,754,280

Year-over-Year Comparison

2018 2017 Change
Revenue $8,291,731 $1,852,129 +3.5%
Expenses $7,754,280 $1,915,996 +3.0%
Net Income $537,451 $-63,867 -9.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
3
$224,967
Total Directors
6
$224,967
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARCHBISHOP THOMAS J RODI PRESIDENT 1.00
Officer Director
$0 $0 $30,420
MSGR MICHAEL L FARMER VICAR GENERAL VICE PRESIDENT 1.00
Officer Director
$0 $0 $31,670
MICHELE MANRY TREASURER & SECRETARY 1.00
Officer Director
$0 $0 $162,877
REV MSGR WILLIAM J SKONEKI DIRECTOR 1.00
Director
$0 $0 $0
LISA HANSEN ARCHDIOCESAN ATTORNEY 1.00
Director
$0 $0 $0
HONORABLE MARY S ZOGHBY DIRECTOR 1.00
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
2019 $8,291,731 $7,754,280 $26,266 $537,451
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