Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc
- Assets
- $7.4m
- Revenue
- $905.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Ogdensburg, NY
- Founding
- 03/2008
- Data as of
- 06/2022
- EIN
- 36-4606321
Organization Overview
Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc is located in Ogdensburg, NY. The organization was established in 2008. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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. Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc 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 06/2022, Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc generated $905.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $389.5k during the year ending 06/2022. 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.
Since 2020, Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc has awarded 16 individual grants totaling $474,651. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS COMMITTED TO PROMOTING THE WELL-BEING OF THE ROMAN CATHOLIC DIOCESE OF OGDENSBURG AND ITS AFFILIATES AND RELATED PARISHES, SCHOOLS, CORPORATIONS, DEPARTMENTS, INSTITUTIONS, ORGANIZATIONS, ENTITIES AND PROGRAMS THROUGH DIVIDEND DISTRIBUTIONS AT THE DISCRETION OF ITS BOARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIVIDENDS WERE ISSUED TO THE DIOCESE OF OGDENSBURG IN SUPPORT OF VARIOUS MINISTRIES AS DIRECTED IN THE AGREEMENT BETWEEN THE FOUNDATION AND THE DONOR.
THE FOUNDATION ISSUED DIVIDENDS TO ENDOWMENT BENEFICIARIES AND INCURRED ADMINISTRATIVE EXPENSES AS APPROVED BY THE BOARD OF DIRECTORS.
THE FOUNDATION ISSUED DIVIDENDS TO THE ROMAN CATHOLIC COMMUNITY OF BROWNVILLE AND DEXTER AS DIRECTED IN THE AGREEMENT BETWEEN THE FOUNDATION AND THE DONOR.
THE FOUNDATION ISSUED DIVIDENDS TO ST. PATRICK'S CHURCH IN ROUSES POINT, NY, IN SUPPORT OF ITS MINISTRIES AS DIRECTED IN THE AGREEMENT BETWEEN THE FOUNDATION AND THE DONOR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry R Lavalley President | Trustee | 0.5 | $0 |
Joseph A Morgan Vice President | Trustee | 0.25 | $0 |
Michael J Tooley Treasurer | Trustee | 1 | $0 |
Mary Eamon Lyng Ssj Trustee | Trustee | 0.2 | $0 |
Kevin Mcewan Trustee | Trustee | 0.2 | $0 |
Maryanne Bukolt Ryder Trustee | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,463 |
| Investment income | $165,821 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $598,791 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $905,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $86,683 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,057 |
| Fees for services: Other | $4,700 |
| Advertising and promotion | $0 |
| Office expenses | $165 |
| Information technology | $0 |
| 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 | $0 |
| Total functional expenses | $389,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,135 |
| Savings and temporary cash investments | $301,657 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,480 |
| 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 |
| Investments—publicly traded securities | $7,077,443 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,852 |
| Total assets | $7,391,567 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | -$139,514 |
| Net assets with donor restrictions | $7,531,081 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $7,391,567 |
Grants Awarded
Over the last fiscal year, Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc has awarded $200,723 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ROMAN CATHOLIC DIOCESE OF OGENSBURG PURPOSE: Support programs identified in the agreement between the Foundation and the donors. | $127,910 |
ST PATRICK'S CHURCH PURPOSE: Support ministries of the parish identified in the agreement between the Foundation and the donor. | $13,618 |
ST HENRY'S CHURCH PURPOSE: Support ministries of the parish identified in the agreement between the Foundation and the donor. | $10,263 |
RC COMMUNITY OF BROWNVILLE AND DEXTER PURPOSE: Support ministries of the parish designated in the agreement between the Foundation and the donor. | $26,891 |
ROMAN CATHOLIC COMMUNITY OF ST ALEXANDER AND ST JOSEPH PURPOSE: Support ministries of the parish identified in the agreement between the Foundation and the donor. | $5,750 |
ST MARY'S CATHEDRAL PURPOSE: Support ministries of the parish identified in the agreement between the Foundation and the donor. | $5,674 |