Legatus is located in Ann Arbor, MI. The organization was established in 1989. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building 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 12/2023, Legatus generated $107.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $103.5k during the year ending 12/2023. While expenses have increased by 5.9% 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
2023
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 |
---|---|---|---|
Jim Akers President | 5 | $0 | |
Rich Carmel Treasurer | 2 | $0 | |
David Burleigh Vice President | 4 | $0 | |
Paula Trimble Program Chair | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,735 |
Total Program Service Revenue | $0 |
Membership dues | $103,149 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $107,884 |
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 | $30,534 |
Occupancy, rent, utilities, and maintenance | $1,151 |
Printing, publications, postage, and shipping | $1,408 |
Other expenses | $70,412 |
Total expenses | $103,505 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,174 |
Other assets | $0 |
Total assets | $48,174 |
Total liabilities | $0 |
Net assets or fund balances | $48,174 |