CATHEDRAL TERRACE INC
EIN 23-7301688 · Housing & Shelter (L21Z)
What they do
FORMERLY, THE ORGANIZATIONS PURPOSE WAS to PROVIDE HOUSING for THE ELDERLY THROUGH A FEDERALLY FINANCED PROJECT UNDER SECTION 236 of THE NATIONAL HOUSING ACT. IN 2016, THE ORGANIZATION SOLD ITS REAL ESTATE and BECAME A PARTNER IN CATHEDRAL REDEVELOPMENT ASSOCIATES, LLC, THE COMPANY CREATED to REDEVELOP THE PROPERTY for THE SAME USE. AS A PARTNER, THE ORGANIZATION RECEIVED DEVELOPMENT FEES RELATED to THE SUBSTANTIAL REHABILITATION of THE REAL ESTATE THAT IT FORMERLY OPERATED. FINAL DEVELOPMENT FEES WERE RECEIVED IN 2019. DURING THOSE YEARS, THOSE FEES WERE DONATED to COMMUNITY SENIOR SERVICES, INC. (A RELATED ORGANIZATION)TO SUPPORT ITS MISSION of PROVIDING ESSENTIAL and INNOVATIVE RESOURCES to ELDERS IN NEED. CURRENTLY, THE ORGANIZATION EXISTS SOLELY to COLLECT THE NOTE RECEIVABLE FROM THE AFOREMENTIONED SALE. WHEN PRINCIPAL and INTEREST PAYMENTS ARE RECEIVED ON THAT NOTE, THE ORGANIZATION IN TURN DONATES THE EXCESS AVAILABLE FUNDS to COMMUNITY SENIOR SERVICES, INC.(A RELATED ORGANIZA
Should I give to this charity?
Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
Money report from 2024The charity has a recent tax report to read.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders14 people are listed in the latest report.
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Financial picture
A quick look at the charity’s latest reported finances. The available records are too limited for us to sell a complete report.
How reported expenses were divided
This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.
Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.
About this charity
- Recognized since
- January 1973
- Location
- 4250 LAKESIDE DR STE 300, JACKSONVILLE, FL 32210-3370
- County
- Duval
- In care of
- LEE E WILSON