Society Of Missionaries Of The Holy Apostles-Cromwell Inc
- Assets
- $2.7m
- Revenue
- $261.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Cromwell, CT
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 90-0644783
Organization Overview
Society Of Missionaries Of The Holy Apostles-Cromwell Inc is located in Cromwell, CT. The organization was established in 2011. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, 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. Society Of Missionaries Of The Holy Apostles-Cromwell 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, Society Of Missionaries Of The Holy Apostles-Cromwell Inc generated $261.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $343.6k during the year ending 12/2022. 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
OUR MISSION IS TO PROMOTE, FORM AND ACCOMPANY YOUNG MEN AND ADULTS TO THE PRIESTHOOD AND OTHER MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN KEEPING WITH OUR STATED MISSION TO "PROMOTE, FORM AND ACCOMPANY" ADULTS TO THE PRIESTHOOD OF THE ROMAN CATHOLIC CHURCH, OUR PRINCIPLE PROGRAM SERVICES DIRECTLY SUPPORT OUR ACTIVE MEMBERS IN SERVICE TO HOLY APOSTLES COLLEGE AND SEMINARY AS PROFESSORS, ADVISORS AND/OR ADMINISTRATORS. THESE MEMBERS MAY ALSO SERVE THE GENERAL LAITY OF THE CHURCH BY PROVIDING PARISH MASSES, MISSIONS, RETREATS, AND CONFERENCES. OUR LARGEST EXPENDITURES ARE FOR THE HOUSING, SUPPORT AND CARE OF OUR ACTIVE MSA MEMBERS, SEMINARIANS AND RETIRED PRIEST/MEMBERS IN COMMUNITY. WE ALSO CONDUCT A MANDATORY ANNUAL RETREAT/CONFERENCE FOR OUR MEMBMERSHIP - AND PARTICPATE IN ORGANIZATIONS WITH EDUCATION AND CERTIFICATION PROGRAMS REQUIRED FOR COMPLIANCE WITH CHURCH AND CIVIL LAW, AND TO LEARN AND UTILIZE BEST PRACTICES FOR THE ADMINISTRATION OF OUR ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reverend Martin D Rooney Prov. Animator | OfficerTrustee | 40 | $22,165 |
Reverend Edward Przygocki Prov. Bursur | OfficerTrustee | 40 | $0 |
Reverend Charles Bak Prov Secretary | OfficerTrustee | 40 | $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 | $245,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,936 |
| Total Program Service Revenue | $0 |
| Investment income | $22,741 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,749 |
| Net Gain/Loss on Asset Sales | -$47,844 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,582 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,340 |
| 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. | $22,165 |
| 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 | $0 |
| Fees for services: Legal | $62,134 |
| Fees for services: Accounting | $15,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $44,899 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,811 |
| Travel | $14,183 |
| 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 | $56,895 |
| Insurance | $0 |
| All other expenses | $6,932 |
| Total functional expenses | $343,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,689 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $289 |
| 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 | $1,174,865 |
| Investments—publicly traded securities | $1,400,724 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,730,567 |
| Accounts payable and accrued expenses | $3,794 |
| 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 | $112,504 |
| Total liabilities | $116,298 |
| Net assets without donor restrictions | $2,286,670 |
| Net assets with donor restrictions | $327,599 |
| 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 | $2,730,567 |
Grants Awarded
Over the last fiscal year, Society Of Missionaries Of The Holy Apostles-Cromwell Inc has awarded $47,390 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MISIONEROS DE LOS SANTOS | | | $20,690 |
SOCIETE DES MISSIONAIRES DES | | | $26,700 |