Catholic Business Network Of Central Virginia Inc

Organization Overview

Catholic Business Network Of Central Virginia Inc is located in Fredericksburg, VA. The organization was established in 2002. 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. Catholic Business Network Of Central Virginia 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 12/2019, Catholic Business Network Of Central Virginia Inc generated $91.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $91.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT CATHOLIC CAMPUS MINISTRIES AND LOCAL CATHOLIC HIGH SCHOOL

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE CATHOLIC CAMPUS MINISTRIES AND LOCAL CATHOLIC HIGH SCHOOL THROUGH FUNDRAISING.


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Board, Officers & Key Employees

Name (title)Compensation
Ed Dihlman
Vic-President
$0
Hugh Brown
President
$0
Michael Gugerty
Treasurer
$0
Fred Espinel
Director
$0
Father Don Roomey
Chaplain
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $91,602
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $91,602

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