Castlewood Foundation
- Assets
- $940.1k
- Revenue
- $868.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Chicago, IL
- Founding
- 12/1984
- Data as of
- 12/2022
- EIN
- 36-3309592
Organization Overview
Castlewood Foundation is located in Chicago, IL. The organization was established in 1984. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2022, Castlewood Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castlewood Foundation 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, Castlewood Foundation generated $868.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $833.3k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 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
SUPPORT OF ACTIVITIES CONDUCTED BY THE ROMAN CATHOLIC PRELATURE OF OPUS DEI: HOLY MASS AND OTHER RELIGIOUS WORSHIP, SPIRITUAL GUIDANCE, RETREATS, THEOLOGY CLASSES, DIRECTION OF APOSTOLIC ACTIVITIES, DISTRIBUTION OF RELIGIOUS LITERATURE, SERVICES EXTENDED TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF ACTIVITIES CONDUCTED BY THE ROMAN CATHOLIC PRELATURE OF OPUS DEI: HOLY MASS AND OTHER RELIGIOUS WORSHIP, SPIRITUAL GUIDANCE, RETREATS, THEOLOGY CLASSES, DIRECTION OF APOSTOLIC ACTIVITIES, DISTRIBUTION OF RELIGIOUS LITERATURE, SERVICES EXTENDED TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William M Kipp Vice Preside | OfficerTrustee | 40 | $6,120 |
Gregory G Giebler President | OfficerTrustee | 40 | $6,120 |
Charles D Cushnie Secretary/tr | OfficerTrustee | 40 | $4,590 |
Michael J Larkin Vice Preside | Officer | 20 | $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 | $573,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $573,469 |
| Total Program Service Revenue | $288,887 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $590 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $868,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,949 |
| Grants and other assistance to domestic individuals. | $200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,100 |
| Compensation of current officers, directors, key employees. | $58,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,381 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,093 |
| Payroll taxes | $2,885 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,165 |
| Advertising and promotion | $5,091 |
| Office expenses | $14,886 |
| Information technology | $26,778 |
| Royalties | $0 |
| Occupancy | $267,492 |
| Travel | $59,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $57,683 |
| Interest | $19 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,997 |
| Insurance | $22,359 |
| All other expenses | $177 |
| Total functional expenses | $833,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,577 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $422 |
| 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 | $0 |
| Net Land, buildings, and equipment | $876,085 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $940,084 |
| Accounts payable and accrued expenses | $2,124 |
| 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 | $0 |
| Total liabilities | $2,124 |
| Net assets without donor restrictions | $931,980 |
| Net assets with donor restrictions | $5,980 |
| 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 | $940,084 |
Grants Awarded
Over the last fiscal year, Castlewood Foundation has awarded $31,949 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GENERAL SUPPORT | $22,049 |
New York, NY PURPOSE: GENERAL SUPPORT | $9,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Castlewood Foundation has recieved totaling $75,886.
| Awarding Organization | Amount |
|---|---|
Association For Educational Development Chicago, IL PURPOSE: PROGRAM SUPPORT | $75,886 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bethany Lutheran Homes Inc La Crosse, WI | $102,810,906 | $37,603,425 |
St Paul Elder Services Inc Kaukauna, WI | $41,952,287 | $25,919,489 |
Good Neighbor Society Manchester, IA | $17,383,047 | $14,618,459 |
Our Lady Of Angels Retirement Home Joliet, IL | $4,374,771 | $9,679,285 |
Mount St Joseph Lake Zurich, IL | $18,625,069 | $8,392,155 |
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
Indianapolis Center For Congregations Inc Indianapolis, IN | $32,027,513 | $626,552 |