Caritas Center Qalicb
Catholic Charities of Northwest California
854085935
2020
Santa Rosa, CA 95403 United States
srcharities.org
CatholicCharitiesNWC
Caritas Center QALICB
The Caritas Center QALICB is part of the operations associated with nonprofit activities, notably linked to community development projects. However, specific details about this organization, such as its mission, history, or key initiatives beyond its involvement in New Markets Tax Credits (NMTC) as a Qualified Active Low-Income Community Business (QALICB), are not readily available.
Background
QALICBs are businesses or projects that meet specific criteria to receive funding through the NMTC program, which aims to stimulate economic growth in underserved communities. The NMTC program provides tax incentives to investors who invest in Community Development Entities (CDEs), which then use these investments to support projects like those of QALICBs.
Role of QALICB
As a QALICB, Caritas Center QALICB would be involved in activities or projects that align with the goals of the NMTC program. This typically involves real estate development or community service projects that benefit low-income communities. Such projects are crucial for economic revitalization and social development in these areas.
Financial Management and Oversight
Organizations like Caritas Center QALICB often require comprehensive financial management and oversight to ensure compliance with NMTC regulations and to manage the complex financial structures associated with these programs. This includes tracking budgets, managing cash flows, and maintaining compliance with all relevant financial regulations.
Contribution to Community Development
Although specific details about Caritas Center QALICB's initiatives are not provided, organizations involved in similar projects contribute significantly to community development. They often focus on creating jobs, enhancing community facilities, and providing essential services to underserved populations.
Conclusion
While specific information on Caritas Center QALICB is limited, its involvement as a QALICB highlights its role in supporting community development through the NMTC program. Further details would be needed to provide a comprehensive overview of its activities and impact.
[1] https://goldfarblipman.com/practice-areas/new-market-tax-credits/qalicb-representation/ [2] https://www.capitalimpact.org/blog/new-markets-tax-credit-qlici-loans/ [3] https://cvnl.org/wp-content/uploads/2022/06/Chief-Financial-Officer.pdf [4] https://www.caritasva.org [5] https://www.novoco.com/public-media/documents/nmtc-coalition-progress-report-2022.pdf
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News
CCNWC Employee Spotlight!🌟💜 Catherine Busé, a Service Navigator with the Senior Services program, excels in guiding and supporting older adults through the complexities of accessing essential services. With a compassionate approach, and love for all, Catherine has become an invaluable asset to the program - helping seniors connect with resources that enhances their quality of life. “Working in Senior Services is unique. We work with both volunteers and participants who are 60 years of age and older. Our programs are 100% reliant on volunteers. The volunteers are a patient, kind and dedicated group of people whose time and care create a lifeline that helps seniors stay active and feel seen and valued.” Catherine has always enjoyed working with seniors and is deeply committed to making a positive difference in their lives. She believes in the mission of Catholic Charities and is a stronger believer in the importance of the services the agency provides to the most vulnerable in our community. (fb)
🌟 Meet Angela! 🌟 Our incredible client from the Senior Programs is a shining example of resilience and connection. Through our Caring Voices program, she stays engaged and thrives in her community! Discover her inspiring journey and how small acts of kindness make a BIG difference. Read the full article now: https://ow.ly/ewSU50VZJkr Caring Voices is a standout initiative where dedicated volunteers provide daily check-in calls and meaningful conversations to seniors, helping them feel seen, valued, and supported. To meet individual needs and preferences, clients can choose from three different time slots for their calls. These wellness check-ins help ease loneliness, provide peace of mind to families, and often brighten a senior’s day. #CaringVoices #CCNWC #CommunityLove #SeniorPrograms #SeniorsInCommunity (fb)
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About the organization
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707 5288712 infoccnwc. org Welcome to Catholic Charities. Help a neighbor in need find stability and hope. Our Mission Catholic Charities creates access to opportunities for self sufficiency by providing innovative and compassionate services to people of all backgrounds beliefs and cultures.
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