Catholic Press Of The Us
- Assets
- $814.0k
- Revenue
- $733.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Chicago, IL
- Founding
- 03/1946
- Data as of
- 12/2023
- EIN
- 13-1687519
Organization Overview
Catholic Press Of The Us is located in Chicago, IL. The organization was established in 1946. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Catholic Press Of The Us employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Press Of The Us is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Catholic Press Of The Us generated $733.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $832.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CATHOLIC PRESS ASSOCIATION OF THE UNITED STATES AND CANADA IS TO BUILD AND STRENGTHEN THE VALUE, EFFECTIVENESS, AND IDENTITY OF CATHOLIC MEDIA BY FACILITATING THE PROFESSIONAL DEVELOPMENT AND SPIRITUAL GROWTH OF OUR MEMBERS. WE CONTRIBUTE TO THE CHURCH'S MISSION OF COMMUNICATING THE GOOD NEWS AND EVANGELIZING THE MODERN WORLD BY ENGAGING AND SUPPORTING THE CONTENT CREATORS AND DISTRIBUTORS OF CATHOLIC MEDIA.
Describe the Organization's Program Activity:
EDUCATION AND TRAINING: INCLUDES AN ANNUAL CONFERENCE FOR ALL MEMBERS AND PARTNERS, WEBINARS, AND ONSITE TRAINING AT MEETINGS.
AWARDS: AWARD PROGRAM TO RECOGNIZE EXCELLENCE IN CATHOLIC JOURNALISM; CATHOLIC BOOK PUBLISHING; CATHOLIC ALUMNI AND STUDENT PUBLICATIONS; AND FILM, RADIO, TELEVISION, AND CROSS-PLATFORM MEDIA PRODUCTION.
MEMBERSHIP - INCLUDES PROGRAMS FOR MEETINGS, SURVEYS, TRAINING, AND OTHER SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Defrancesco Executive Dir. | Officer | 40 | $117,255 |
Gretchen Crowe President | OfficerTrustee | 2 | $0 |
Paula Gwynn Grant Vice President | OfficerTrustee | 2 | $0 |
Joann Dinapoli Treasurer | OfficerTrustee | 2 | $0 |
Carol Zimmermann Secretary | OfficerTrustee | 2 | $0 |
Rev Robert P Reed Honorary Pres | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,642 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,642 |
| Total Program Service Revenue | $654,014 |
| Investment income | $11,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $733,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,255 |
| Compensation of current officers, directors, key employees. | $10,553 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,243 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,698 |
| Payroll taxes | $19,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,176 |
| Advertising and promotion | $0 |
| Office expenses | $8,156 |
| Information technology | $35,877 |
| Royalties | $0 |
| Occupancy | $29,689 |
| Travel | $31,119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $200,219 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,765 |
| Insurance | $8,893 |
| All other expenses | $20,054 |
| Total functional expenses | $832,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,434 |
| Savings and temporary cash investments | $168,071 |
| Pledges and grants receivable | $37,500 |
| Accounts receivable, net | $8,883 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,381 |
| Net Land, buildings, and equipment | $4,415 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $543,275 |
| Total assets | $813,959 |
| Accounts payable and accrued expenses | $45,781 |
| Grants payable | $0 |
| Deferred revenue | $23,110 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $68,891 |
| Net assets without donor restrictions | $726,037 |
| Net assets with donor restrictions | $19,031 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $813,959 |