Form 990 for tax year 2023
Filed by AQUINAS INSTITUTE FOR CATHOLIC LIFE AT PRINCETON UNIVERSITY INC.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2023 , filed 7 September 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $1,949,238 changed to $1,401,902
- Total expenses
- $1,426,740 changed to $879,404
- Program service revenue
- $445,359 changed to $0
- Other revenue
- $0 changed to -$101,977
- Program services expenses
- $916,372 changed to $659,490
- Management and general expenses
- $507,982 changed to $217,528
- Program service expenses (Part III)
- $916,372 changed to $659,490
Totals
- Total revenue
- $1,949,238
- Total expenses
- $1,426,740
- Contributions and grants received
- $1,483,232
- Grants paid
- $0
- Program service revenue
- $445,359
- Investment income
- $20,647
- Other revenue
- $0
- Total assets, end of year
- $9,261,386
- Total liabilities, end of year
- $6,122,948
- Net assets or fund balances, end of year
- $3,138,438
- Program services expenses (Part IX)
- $916,372
- Management and general expenses
- $507,982
- Fundraising expenses
- $2,386
- Program service expenses (Part III)
- $916,372
Program services were 64.2% 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.
-
1f · All other contributions, gifts and grants
$1,483,232
-
2a · Program service revenue: Rental Income
total $445,359 · related or exempt $445,359
-
3 · Investment income
total $20,647 · related or exempt $20,647
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $46,038 · program services $33,052 · management and general $11,017 · fundraising $1,969
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $259,334 · program services $210,607 · management and general $48,727
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $59,109 · program services $48,667 · management and general $10,204 · fundraising $238
-
10 · Payroll taxes
total $29,004 · program services $23,182 · management and general $5,643 · fundraising $179
-
11a · Fees: management
total $18,412 · program services $18,412
-
11b · Fees: legal
total $8,623 · management and general $8,623
-
11c · Fees: accounting
total $40,782 · management and general $40,782
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $67,668 · program services $67,668
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $42,908 · program services $17,010 · management and general $25,898
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $241,064 · program services $103,747 · management and general $137,317
-
17 · Travel
total $5,404 · program services $2,702 · management and general $2,702
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $308,646 · program services $154,323 · management and general $154,323
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $113,893 · program services $56,947 · management and general $56,946
-
23 · Insurance
total $1,702 · program services $851 · management and general $851
-
24a · Other expenses: Program Expenses
total $174,257 · program services $174,257
-
24b · Other expenses: Bank Charges Miscellaneous
total $6,084 · program services $3,041 · management and general $3,043
-
24c · Other expenses: Telephone
total $3,812 · program services $1,906 · management and general $1,906
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $678,132 · end of year $872,779
-
3 · Pledges and grants receivable
end of year $240,000
-
7 · Other notes and loans receivable
beginning of year $261,327 · end of year $299,191
-
10a · Land, buildings and equipment: cost or other basis
$7,251,814
-
10b · Land, buildings and equipment: accumulated depreciation
$136,623
-
10c · Land, buildings and equipment, net
beginning of year $7,121,553 · end of year $7,115,191
-
15 · Other assets
beginning of year $1,055,586 · end of year $734,225
-
17 · Accounts payable and accrued expenses
beginning of year $10,801 · end of year $51,148
-
19 · Deferred revenue
beginning of year $1,276,696 · end of year $987,935
-
23 · Secured mortgages and notes payable
beginning of year $5,152,411 · end of year $5,013,643
-
25 · Other liabilities
beginning of year $60,750 · end of year $70,222
-
27 · Net assets without donor restrictions
beginning of year $2,085,223 · end of year $2,562,295
-
28 · Net assets with donor restrictions
beginning of year $530,717 · end of year $576,143
Mission and programs · 2023
Mission
To provide Catholic support and faith through various capacities to the community at Princeton University. Our main purpose is to meet the spiritual, sacramental, intellectual and pastoral needs of the undergraduate students, graduate students, faculty, and staff of Princeton University.
Activities or mission (Part I)
To provide Catholic support and faith through various capacities to the community at Princeton University.
-
Ministry and Chaplaincy The Institute offers Sunday and daily Mass and confession on campus for the Princeton University community. We also provide other sacraments such as Baptism, Confirmation, and Anointing of the Sick as needed. Spiritual direction is provided through our chaplains through one-on-one meetings with students. Opportunities for students to gather in small groups with their peers for Bible Studies, formation and prayer. Weekend retreats and days of recollection are offered periodically throughtout the year. Various groups for fellowship throughtout the year, including Grad Fellowship, Womens Group, and Mens Group.
Expenses $916,372
As filed on the 2023 return.
Listed in Part VII
-
Luis Tellez
President
- Total calculated
- $45,000
- From this org
- $0
- From related orgs
- $45,000
- Other
- $0
- Hours/week
- 1 + 10 related
-
Zachary Swantek
Director
- Total calculated
- $44,069
- From this org
- $44,069
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Donald Readlinger
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Cason Cheely
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Mullelly
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
RJ Snell
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Caitlin LaRuffa
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rob Hays
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Kelly Hanlon
Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 10 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402059349300625
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