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← DOROTHY DAY CAPITAL CORPORATION

Form 990 for tax year 2023

Filed by DOROTHY DAY CAPITAL CORPORATION.

Totals

Total revenue
$302,829
Total expenses
$413,078
Contributions and grants received
$0
Grants paid
$410,000
Program service revenue
$0
Investment income
$302,829
Other revenue
$0
Total assets, end of year
$28,299,363
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$28,299,363
Program services expenses (Part IX)
$410,000
Management and general expenses
$3,078
Fundraising expenses
$0
Program service expenses (Part III)
$410,000

Program services were 99.3% 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.

  • 3 · Investment income

    total $302,829 · excluded $302,829

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $410,000 · program services $410,000

  • 11g · Fees: other

    total $2,945 · management and general $2,945

  • 13 · Office expenses

    total $108 · management and general $108

  • 24e · All other expenses

    total $25 · management and general $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $263,497 · end of year $153,223

  • 7 · Other notes and loans receivable

    beginning of year $28,146,140 · end of year $28,146,140

  • 17 · Accounts payable and accrued expenses

    beginning of year $25 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $28,409,612 · end of year $28,299,363

Mission and programs · 2023

Mission

A support organization to be operated exclusively for the benefit of, to support the functions of, and to assist in carrying out the purposes of Catholic Charities of the Archdiocese of Saint Paul and Minneapolis.

Activities or mission (Part I)

To support the functions of and to assist in carrying out the purposes of Catholic Charities.

  • Dorothy Day Capital Corporation (DDCC) is organized and operated exclusively for charitable and educational purposes and exclusively for the benefit of, to support the functions of, and to assist in the carrying out the purposes of Catholic Charities of the Archdiocese of St Paul and Minneapolis (the supported organization). DDCC operations consist of indirectly providing funding needed by the supported organization to contstruct it's facilities by serving as the leverage lender for New Market tax credit construction loan transactions. The supported organization's mission is to serve those most in need, be a leader at solving poverty, creating opportunity, and advocating for justice in the commnunity.

    Expenses $410,000 · Grants $410,000

As filed on the 2023 return.

Listed in Part VII

  • Darrell Tukua

    President

    Total calculated
    $0
    Hours/week
    0.3

  • Laura King

    Secretary

    Total calculated
    $0
    Hours/week
    0.3

  • Richard R Johnson - Treasurer

    VP & CFO at Catholic Charities

    Total calculated
    $230,308
    From this org
    $0
    From related orgs
    $189,009
    Other
    $41,299
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $185,961 related
    Bonus
    $0
    Other
    $0 + $3,048 related
    Deferred
    $0 + $7,817 related
    Nontaxable benefits
    $0 + $33,482 related
    Filer's total
    $0 + $230,308 related

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 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 3
The organization relied on a related organization to determine the compensation for the Treasurer. The related organization used the following method to determine compensation: compensation committee,independent compensation consultant, Form 990 of other organizations, written employment contract, compensation survey or study, and approval by the board or compensation committee.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
2 May 2025
IRS schema version
2023v6.0
Source object
202541329349304009

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