Better Business Bureau

Charity Contact Information BBB Wise Giving Alliance Comments Programs

Tax Status Governance Fund Raising Financial

Name:	Caracole, Inc.
Address:	1821 Summit Road, Suite 001
	Cincinnati, OH 45237
Phone:	(513) 761-1480
Web Address:	www.caracole.org

Caracole, Inc. meets the 20 Standards for Charity Accountability.

Caracole House provides affordable, transitional housing for single adults living with HIV/AIDS. The House is a four-unit apartment building that houses up to 11 individuals with each resident residing in his/her own bedroom within a three-bedroom suite. Case management and 24-hour support is provided. The Caracole Recovery Community provides transitional housing and a supportive, structured environment for homeless, low-income, chemically dependent single adults living with HIV/AIDS. Case management and 24-hour support is provided. Shelter Plus Care is a rent subsidy program offering a permanent housing solution for homeless individuals and families with an adult member living with HIV/AIDS. The Permanent Supportive Housing Program is a rent subsidy program. This program serves those who are categorized as “unstably housed” and helps them secure affordable, permanent housing. Similar to Shelter Plus Care, Caracole also provides case management and supportive services to individuals residing in the program. Caracole provides short-term, needs-based intervention to prevent homelessness and promote housing stability for individuals living with HIV/AIDS in region. Intensive case management services are provided to all Caracole clients in order to help limit barriers to accessing care, stabilize, and improve clients’ health and well-being while empowering clients to become independent and self-sufficient.

For the fiscal year ended December 31, 2010, Caracole, Inc.'s program expenses were:

Shelter Plus Care	1,251,529
Recovery Community	250,430
Caracole House	250,192
Total Program Expenses:	$1,752,151

Chief Executive : Ms. Linda Seiter, Executive Director

Compensation*:

$77,736

Chair of the Board: Mr. Bernard L. McKay
Chair's Profession / Business Affiliation: Attorney, Frost Brown Todd

Board Size: 27

Paid Staff Size: 37

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

direct mail, invitations to fundraising events, grant proposals, Internet

Fundraising costs were 17% of related contributions. (Related contributions, which totaled $514,758, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Caracole, Inc.'s audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds
Government Grants	1,360,561
Contributions	289,677
Foundation Grants	101,782
United Way	93,563
Endowment Fund Realized / Unrealized Market Gain (Loss)	66,132
Contributed Services	29,736
Endowment Fund Dividends	28,478
Room and Board	24,427
Realized / Unrealized Gain (Loss) on Investments	11,399
Dividend and Interest Income	4,030
Miscellaneous Income (Loss)	386
Net Assets Released from Restrictions	-137,323
Total Income	$1,872,848

Uses of Funds as a % of Total Expenses

Programs: 90%  Fund Raising: 5%  Administrative: 5%

Total income				$1,872,848
	Program expenses			$1,752,151
	Fund raising expenses			87,562
	Administrative expenses			92,884
Total expenses				$1,932,597
Expenses in Excess of Income				(59,749)
Beginning net assets				1,655,535
Ending net assets				1,595,786
Total liabilities				224,919
Total assets				$1,820,705