Totals
- Total revenue
- $6,530,677
- Total expenses
- $6,312,899
- Contributions and grants received
- $4,283,677
- Grants paid
- $0
- Program service revenue
- $1,974,643
- Investment income
- $210,181
- Other revenue
- $62,176
- Total assets, end of year
- $9,865,734
- Total liabilities, end of year
- $6,715,264
- Net assets or fund balances, end of year
- $3,150,470
- Program services expenses (Part IX)
- $4,223,809
- Management and general expenses
- $2,089,090
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,223,809
Program services were 66.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$4,229,258
-
1f · All other contributions, gifts and grants
$54,419
-
2a · Program service revenue: Conferences/Pilg
total $1,817,127 · related or exempt $1,817,127
-
2b · Program service revenue: Publications
total $157,516 · unrelated business $157,516
-
3 · Investment income
total $210,181 · related or exempt $210,181
-
11a · Other revenue: Credit card convenienc
total $57,187 · related or exempt $57,187
-
11b · Other revenue: Other Miscellaneous
total $4,989 · related or exempt $4,989
-
11e · Other revenue, total
$62,176
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $407,879 · management and general $407,879
-
7 · Other salaries and wages
total $1,865,209 · program services $1,187,534 · management and general $677,675
-
8 · Pension plan contributions
total $76,088 · program services $34,489 · management and general $41,599
-
9 · Other employee benefits
total $293,361 · program services $137,416 · management and general $155,945
-
10 · Payroll taxes
total $172,469 · program services $94,652 · management and general $77,817
-
11a · Fees: management
total $322,596 · program services $241,490 · management and general $81,106
-
11b · Fees: legal
total $7,873 · management and general $7,873
-
12 · Advertising and promotion
total $91,260 · program services $26,000 · management and general $65,260
-
13 · Office expenses
total $294,419 · program services $191,156 · management and general $103,263
-
14 · Information technology
total $123,746 · management and general $123,746
-
16 · Occupancy
total $77,533 · management and general $77,533
-
17 · Travel
total $328,446 · program services $292,376 · management and general $36,070
-
19 · Conferences, conventions and meetings
total $1,348,360 · program services $1,315,591 · management and general $32,769
-
22 · Depreciation, depletion and amortization
total $22,028 · management and general $22,028
-
23 · Insurance
total $16,847 · management and general $16,847
-
24a · Other expenses: Direct chapter support
total $468,280 · program services $468,280
-
24b · Other expenses: Other expenses
total $227,413 · program services $192,695 · management and general $34,718
-
24c · Other expenses: Credit card discount fe
total $126,962 · management and general $126,962
-
24d · Other expenses: Healthnet insurance
total $42,130 · program services $42,130
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,928,947 · end of year $1,536,943
-
4 · Accounts receivable
beginning of year $464,455 · end of year $89,240
-
8 · Inventories for sale or use
beginning of year $14,253 · end of year $49,365
-
9 · Prepaid expenses and deferred charges
beginning of year $583,492 · end of year $810,561
-
10a · Land, buildings and equipment: cost or other basis
$747,461
-
10b · Land, buildings and equipment: accumulated depreciation
$454,513
-
10c · Land, buildings and equipment, net
beginning of year $374,351 · end of year $292,948
-
11 · Investments: publicly traded securities
beginning of year $2,632,971 · end of year $7,086,677
-
17 · Accounts payable and accrued expenses
beginning of year $1,269,819 · end of year $2,010,122
-
19 · Deferred revenue
beginning of year $3,765,153 · end of year $4,463,691
-
25 · Other liabilities
beginning of year $322,233 · end of year $241,451
-
27 · Net assets without donor restrictions
beginning of year $1,725,739 · end of year $2,219,305
-
28 · Net assets with donor restrictions
beginning of year $915,525 · end of year $931,165
Mission and programs · 2023
Mission
Assist its members (who are leaders of businesses and organizations) to study, live and spread the Catholic Faith in their business, professional and personal lives.
Activities or mission (Part I)
To develop and promote business ethics and support an intimate union between faith and life.
-
Chapter support: Legatus is made up of numerous local chapters. The national office provides staff support, resources, a magazine and assistance with membership.
Expenses $2,280,522
-
Conferences: Legatus sponsors conferences and pilgrimages for its members and others. These activities focus on spiritual growth and ethics.
Expenses $1,943,287 · Revenue $1,817,127
As filed on the 2023 return.
Listed in Part VII
-
Thomas S Monaghan
Founder & Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Lusant Ordonez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Pobert J Pliska
Director
- Total calculated
- $0
- Hours/week
- 1
-
S Craig Henry
Secretary/Director
- Total calculated
- $0
- Hours/week
- 1
-
Rev Frank J Caggiano
Non-voting Director
- Total calculated
- $0
- Hours/week
- 1
-
Sean J Bellew
Director
- Total calculated
- $0
- Hours/week
- 1
-
Troy L King
Treasurer/Director
- Total calculated
- $0
- Hours/week
- 1
-
Christopher S McMahon
Director
- Total calculated
- $0
- Hours/week
- 1
-
Diana Parent
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bernarda Neal
Vice Chair/Director
- Total calculated
- $0
- Hours/week
- 1
-
Rev Jose Gomez
Non-voting Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark R Scalise
Director
- Total calculated
- $0
- Hours/week
- 1
-
James P Sarni
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Henley
President
- Total calculated
- $279,404
- From this org
- $248,862
- From related orgs
- $0
- Other
- $30,542
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $238,162
- Bonus
- $10,700
- Other
- $0
- Deferred
- $7,460
- Nontaxable benefits
- $23,082
- Filer's total
- $279,404
-
Amy Dillon
Reg V/P Southeast Region
- Total calculated
- $130,168
- From this org
- $122,706
- From related orgs
- $0
- Other
- $7,462
- Hours/week
- 40
-
Paul Rzepka
CFO
- Total calculated
- $184,773
- From this org
- $159,017
- From related orgs
- $0
- Other
- $25,756
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,317
- Bonus
- $10,700
- Other
- $0
- Deferred
- $7,885
- Nontaxable benefits
- $17,871
- Filer's total
- $184,773
-
Kenneth Darnell
Regional V/P Central Region
- Total calculated
- $143,745
- From this org
- $119,593
- From related orgs
- $0
- Other
- $24,152
- Hours/week
- 40
-
Laura Sacha
COO
- Total calculated
- $147,952
- From this org
- $140,439
- From related orgs
- $0
- Other
- $7,513
- Hours/week
- 40
-
Steven Ingram
Regional V/P Northeast Region
- Total calculated
- $116,041
- From this org
- $100,844
- From related orgs
- $0
- Other
- $15,197
- Hours/week
- 40
-
Joseph Giacalone
Account Mgr
- Total calculated
- $147,521
- From this org
- $119,071
- From related orgs
- $0
- Other
- $28,450
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
- 5a · Pay contingent on this organization's revenues
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 1a
- Legatus permits companion travel by the President.
- Part I, Line 5
- Regional Vice Presidents are provided bonus compensation for exceeding recruitment goals based on predetermined tier level of accomplishments. The Account Manager receives compensation based on advertising sales, sponsorships and exhibitor fees.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433189349309923
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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