Our Lady Of Good Counsel Church
- Assets
- $15.9m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Verona, KY
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 26-0031292
Organization Overview
Our Lady Of Good Counsel Church is located in Verona, KY. The organization was established in 2002. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Lady Of Good Counsel Church 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 12/2021, Our Lady Of Good Counsel Church generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASE PROPERTY FOR PLANNED FARM-TO-TABLE OR FARM EDUCATION PROGRAM /VOCATIONAL SCHOOL
COMPLETED CONSTRUCTION OF CONVENT AND CONTINUED CONSTRUCTION OF CHAPEL AND PAVILION FOR SACRED HEART ACADEMY
BEGIN PERMITTING PROCESS AND SITE DEVELOPMENT AND PURCHASE PROPERTY FOR CONSTRUCTION OF BOYS SCHOOL
SUPPORT OPERATION OF ASSUMPTION CHURCH AND SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Brueggemann Trustee | 10 | $0 | |
Maria Brueggemann Trustee | 2 | $0 | |
John Brueggemann Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,324,479 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$2,445 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,330,529 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $28,761 |
| Occupancy | $2,653 |
| Travel, conferences, and meetings | $346 |
| Printing and publications | $0 |
| Other expenses | $19,284 |
| Total operating and administrative expenses | $51,269 |
| Contributions, gifts, grants paid | $1,182,783 |
| Total expenses and disbursements | $1,234,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,890 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $15,723,257 |
| Other assets | $0 |
| Total assets | $15,866,147 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $550 |
| Total liabilities | $550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dynamic Catholic Institute Cincinnati, OH | $46,011,933 | $24,743,201 |
Holy Cross Village At Notre Dame Inc Notre Dame, IN | $38,111,514 | $15,375,443 |
Society Of St Vincent De Paul Archdiocesan Council Of Indianapolis, IN | $9,105,471 | $5,968,988 |
Cise Cincinnati, OH | $26,854,331 | $7,324,023 |
Holy Love Ministries North Ridgeville, OH | $21,288,130 | $2,402,696 |
Marian Wayside Shrine Foundation Inc Saint John, IN | $16,789,912 | $5,177,827 |
Sacred Heart Center Inc Richmond, VA | $1,482,617 | $2,142,804 |
United States Catholic Conference Barrington, IL | $18,377,452 | $2,584,855 |
Margarets Village Chicago, IL | $1,100,543 | $2,234,749 |
Catholic Urban Programs Nfp East St Louis, IL | $3,029,817 | $1,873,870 |
Shellbourne Inc Valparaiso, IN | $7,796,510 | $1,573,745 |
Our Lady Of Good Counsel Church Verona, KY | $15,866,147 | $4,330,529 |