Mission
FORMERLY, THE ORGANIZATION'S 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