Saint Michael Archangel Charities Inc
- Assets
- $34.7m
- Revenue
- $6.2m
- Investments
- $32.9m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 82-4369546
Organization Overview
Saint Michael Archangel Charities Inc is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Michael Archangel Charities 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 12/2022, Saint Michael Archangel Charities Inc generated $6.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Saint Michael Archangel Charities Inc has awarded 69 individual grants totaling $1,713,600. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Gettelfinger Vice President | 2 | $12,600 | |
Jessica Lange CPA Treasurer | 8 | $50,400 | |
Dale Gettelfinger President | 23 | $170,000 | |
See Attached Vice President | 0 | $0 | |
See Attached President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $42,810 |
| Dividends & Interest | $670,113 |
| Net Rental Income | $2,306 |
| Net Gain on Sale of Assets | $5,450,727 |
| Capital Gain Net Income | $5,450,727 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,174,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $244,650 |
| Other employee salaries and wages | $99,540 |
| Pension plans, employee benefits | $29,041 |
| Interest | $56 |
| Taxes | $83,334 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,998 |
| Printing and publications | $0 |
| Other expenses | $149,317 |
| Total operating and administrative expenses | $618,433 |
| Contributions, gifts, grants paid | $940,000 |
| Total expenses and disbursements | $1,558,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,327,478 |
| Net Accounts receivable | $20,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $2,380,000 |
| Investments—other | $2,132,426 |
| Net Land, buildings, and equipment | $465,000 |
| Other assets | $0 |
| Total assets | $34,672,770 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $11,088 |
| Total liabilities | $11,088 |
Grants Awarded
Over the last fiscal year, Saint Michael Archangel Charities Inc has awarded $809,250 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE OF GALVESTON-HOUSTON CATHOLIC SCHOOLS PURPOSE: EDUCATION | $8,000 |
ARCHDIOCESE OF INDIANAPOLIS PURPOSE: RELIGION | $5,000 |
BOYS AND GIRLS CLUB OF KENTUCKIANA PURPOSE: EDUCATION | $1,000 |
CATHOLIC CEMETERIES OF NEW ALBANY PURPOSE: RELIGION | $60,000 |
CATHOLIC EDUCATION FOUNDATION INC PURPOSE: EDUCATION | $66,000 |
COMMUNITY FOUNDATION OF SOUTHERN INDIANA INC PURPOSE: ECONOMIC DEVELOPMENT | $4,400 |