Legatus is located in Ann Arbor, MI. The organization was established in 1989. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Legatus 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 12/2022, Legatus generated $65.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $63.5k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO STUDY, LIVE AND SPREAD THE CATHOLIC FAITH IN OUR BUSINESS, PROFESSIONAL AND PERSONAL LIVES. LOCAL CHAPTER OF LEGATUS HOLDS MONTHLY MEETINGS WHERE INDIVIDUALS SPEAK ON DEVELOPING ETHICAL PRACTICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Sosinski President | 5 | $0 | |
Terrence Blackwell Vice President | 1 | $0 | |
Birger Brink-Lund Treasurer | 2 | $0 | |
Hanny Buosono Secretary | 1 | $0 | |
Salvatore Salvo Membership Chai | 2 | $0 | |
Julie Berry Program Co-Chai | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,193 |
Total Program Service Revenue | $0 |
Membership dues | $52,805 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $19,560 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,927 |
Total expenses | $63,487 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,443 |
Other assets | $0 |
Total assets | $21,443 |
Total liabilities | $0 |
Net assets or fund balances | $21,443 |
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