Mother Cabrini League
- Assets
- $6.9m
- Revenue
- $460.7k
- Investments
- $6.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1944
- Data as of
- 12/2022
- EIN
- 36-2170811
Organization Overview
Mother Cabrini League is located in Chicago, IL. The organization was established in 1944. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mother Cabrini League 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, Mother Cabrini League generated $460.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $519.3k during the year ending 12/2022. While expenses have increased by 7.0% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING SPIRITUAL WELFARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEAGUE GIVES DONATIONS TO MISSIONS AND SCHOLARSHIPS TO SCHOOLS AND OTHER ORGANIZATIONS TO PROMOTE THE SPIRITUAL WELFARE OF ITS MEMBERS; THOUSANDS OF INDIVIDUALS ARE SERVED EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sr Barbara Staley Msc President | OfficerTrustee | 1 | $0 |
Sr Joan Mcglinchey Msc 1st Vice President | OfficerTrustee | 1 | $0 |
Sr Joaquina Costa Msc Treasurer/2nd Vice President/assistant Secretary | OfficerTrustee | 10 | $0 |
Stephen L Ruff Secretary | OfficerTrustee | 1 | $937 |
Sr Stella Maris Elena Msc Assistant Treasurer | OfficerTrustee | 1 | $0 |
Sr Bernadette Anello Director | Trustee | 1 | $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 | $238,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,425 |
| Total Program Service Revenue | $0 |
| Investment income | $138,325 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $83,911 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $460,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $95,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $326,882 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,413 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $491 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $937 |
| Fees for services: Accounting | $10,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,749 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,804 |
| Information technology | $550 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,124 |
| Total functional expenses | $519,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $843,424 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $34,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,028,560 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,448 |
| Total assets | $6,938,432 |
| Accounts payable and accrued expenses | $553 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,852 |
| Total liabilities | $5,405 |
| Net assets without donor restrictions | $6,933,027 |
| Net assets with donor restrictions | $0 |
| 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 | $6,938,432 |
Grants Awarded
Over the last fiscal year, Mother Cabrini League has awarded $90,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC IMPACT INVESTING COLLABORATIVE (CIIC) PURPOSE: CATHOLIC IMPACT INVESTING ECOSYSTEM | $10,000 |
JDS PURPOSE: REFUGEES & IMMIGRANTS | $25,000 |
AFRICAN SISTERS LEADERS IN ACTION (ASLA) PURPOSE: CATHOLIC SISTERS; EMPOWERMENT; UPLIFTING THOSE IN RURAL POVERTY. | $25,000 |
ASYLUM ACCESS PURPOSE: REFUGEES AND IMMIGRANTS | $20,000 |
FRANCESCO COLLABORATIVE ( COMMUNITY COOPERATIVE) PURPOSE: CATHOLIC IMPACT INVESTING | $10,000 |