SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
VILLA CARIDAD
 
Employer identification number

68-0387620
Return Reference Explanation
Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company ST VINCENT'S INSTITUTION PERFORMS PROPERTY MANAGEMENT FUNCTIONS FOR VILLA CARIDAD INCLUDING, MARKETING, LEASING, RENT COLLECTION, LEASE ENFORCEMENT, MAINTENANCE AND REPAIRS, UTILITIES AND SERVICES, PERSONNEL, BANKING, ACCOUNTING, BUDGETS, RECORDS AND REPORTS, INSURANCE. THE PROPERTY MANAGEMENT CONTRACT IS FOR ONE YEAR, AND MAY BE RENEWED ANNUALLY.
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder VILLA CARIDAD IS A NONSTOCK, NONPROFIT CORPORATION WITH ST. VINCENT'S INSTITUTION SANTA BARBARA AS THE CORPORATE TAX-EXEMPT MEMBER.
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body THE CORPORATE MEMBER HAS AUTHORITY OVER VILLA CARIDAD IN VARIOUS ASPECTS OF OPERATIONS AND MANAGEMENT. THE RESERVED RIGHTS HELD BY THE CORPORATE MEMBER INCLUDE, BUT ARE NOT LIMITED TO, APPROVAL OF REVISIONS TO ARTICLES OF INCORPORATION AND BYLAWS, MERGERS AND ACQUISITIONS, ESTABLISHMENT OF NEW ENTITIES, PLEDGING, MORTGAGING OR DISPOSING OF ALL OR SUBSTANTIALLY ALL ASSETS, OBLIGATIONS OF OPERATING AND MORTGAGE DEBT, APPOINTMENT OR REMOVAL OF GOVERNING BOARD MEMBERS AND OFFICERS, AND APPROVAL OF CAPITAL AND OPERATING BUDGETS.
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders SAME AS 7A.
Form 990, Part VI, Line 11b: Form 990 Review Process EACH BOARD MEMBER RECEIVES A DRAFT COPY OF THE FORM 990 AND STATE RETURNS FOR REVIEW UPON COMPLETION OF THE FORMS BY THE INDEPENDENT CPA. ANY QUESTIONS ARE PROMPTLY ANSWERED AND NEEDED CHANGES (IF ANY) ARE MADE TO THE 990, BEFORE PRINTING THE FINAL RETURNS. THE FINAL 990 AND STATE RETURNS ARE PRESENTED TO, AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING THEM WITH THE APPROPRIATE AGENCIES, BEFORE THE APPLIABLE DUE DATES.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts VILLA CARIDAD'S CONFLICT POLICY IS REVIEWED BY BOARD MEMBERS UPON APPOINTMENT TO THE BOARD OF DIRECTORS, AND ANNUALLY THEREAFTER, AND A STATEMENT ACKNOWLEDGING AGREEMENT TO AND COMPLIANCE WITH THE POLICY ARE SIGNED BY EACH BOARD MEMBER AND RETAINED IN THE ORGANIZATION'S FILES. THE SIGNED FORMS ALSO DETAIL ANY POTENTIAL CONFLICTS OF INTEREST NOTED BY BOARD MEMBERS. POTENTIAL CONFLICTS ARE REVIEWED AND DISCUSSED, AND THE AFFECTED BOARD MEMBER ABSTAINS FROM VOTING ON AN ISSUE IN WHICH HE OR SHE HAS, OR MAY HAVE A CONFLICT OF INTEREST.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management ROSA PAREDES SERVES AS PRESIDENT OF VILLA CARIDAD AND AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF ST VINCENT'S INSTITUTION SANTA BARBARA (SVI). ROSA IS AN EMPLOYEE OF SVI.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees BOARD OFFICERS AND DIRECTORS ARE VOLUNTEERS THAT DO NOT RECEIVE ANY COMPENSATION FOR THEIR SERVICES ON THE BOARD OF DIRECTORS. BOARD MEMBERS ARE APPOINTED TO THE BOARD BY THE VILLA CARIDAD CORPORATE MEMBER.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available VILLA CARIDAD'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO MANAGEMENT. THE ANNUAL FORM 990 IS AVAILABLE UPON REQUEST OR AT GUIDESTAR.ORG.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


Additional Data


Software ID: 19009920
Software Version: 2019v5.0