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← RELIGIOUS AND CHARITABLE RISK POOLING TRUST OF THE BROTHERS OF

Form 990 for tax year 2024

Filed by RELIGIOUS AND CHARITABLE RISK POOLING TRUST OF THE BROTHERS OF.

Totals

Total revenue
$125,770,850
Total expenses
$111,017,575
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$111,491,984
Investment income
$14,278,866
Other revenue
$0
Total assets, end of year
$483,868,541
Total liabilities, end of year
$247,971,327
Net assets or fund balances, end of year
$235,897,214
Program services expenses (Part IX)
$108,211,878
Management and general expenses
$2,805,697
Fundraising expenses
$0
Program service expenses (Part III)
$108,211,878

Program services were 97.5% 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.

  • 2a · Program service revenue: CONTRIBUTIONS EARNED

    total $111,491,984 · related or exempt $111,491,984

  • 3 · Investment income

    total $7,308,848 · excluded $7,308,848

  • 7a · Gross sales of assets other than inventory

    securities $350,165,222

  • 7b · Less cost or other basis and sales expenses

    securities $343,195,204

  • 7c · Gain or loss

    securities $6,970,018

  • 7d · Net gain or loss

    total $6,970,018 · excluded $6,970,018

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $90,182,213 · program services $90,182,213

  • 11a · Fees: management

    total $19,651,643 · program services $17,686,479 · management and general $1,965,164

  • 11b · Fees: legal

    total $78,509 · program services $78,509

  • 11f · Fees: investment management

    total $838,034 · management and general $838,034

  • 24a · Other expenses: STATE REGULATORY FEES

    total $138,890 · program services $138,890

  • 24b · Other expenses: APPRAISAL FEES

    total $85,970 · program services $85,970

  • 24c · Other expenses: MOTOR VEHICLE REPORTS

    total $24,518 · program services $24,518

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $15,299 · program services $15,299

  • 24e · All other expenses

    total $2,499 · management and general $2,499

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,011,903 · end of year $1,784,255

  • 2 · Savings and temporary cash investments

    end of year $3,955,724

  • 4 · Accounts receivable

    beginning of year $32,389,940 · end of year $27,618,783

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,732,990 · end of year $20,154,249

  • 11 · Investments: publicly traded securities

    beginning of year $58,582,617 · end of year $146,190,914

  • 12 · Investments: other securities

    beginning of year $321,264,466 · end of year $284,164,616

  • 17 · Accounts payable and accrued expenses

    beginning of year $481,514 · end of year $1,759,926

  • 19 · Deferred revenue

    beginning of year $59,138,968 · end of year $61,413,746

  • 25 · Other liabilities

    beginning of year $192,437,324 · end of year $184,797,655

  • 27 · Net assets without donor restrictions

    beginning of year $197,924,110 · end of year $235,897,214

Mission and programs · 2024

Mission

TRUST WAS ESTABLISHED TO PROVIDE PROTECTION AND INDEMNIFY THE BENEFICIARIES AGAINST RISKS OF FINANCIAL LOSS.

  • THE TRUST PROVIDES PROTECTION AND INDEMNIFIES THE BENEFICIARIES AGAINST RISKS OF FINANCIAL LOSS DUE TO DAMAGE, DESTRUCTION OR LOSS OF PROPERTY, OR THE IMPOSITION OF LEGAL LIABILITY, AND PROTECTS FULLTIME STUDENTS OF THE BENEFICIARIES AGAINST THE RISK OF LOSS DUE TO ACCIDENT, SICKNESS OR DISABLEMENT. IN ADDITION, THE TRUST PROVIDES WORKERS' COMPENSATION, OCCUPATIONAL DISEASE AND EMPLOYER LIABILITY TO BENEFICIARIES.

    Expenses $108,211,878 · Revenue $111,491,984

As filed on the 2024 return.

Listed in Part VII

  • Michael Frigo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Sr Mary Helene Galuzka Osf

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Preston Kendall

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Cheryl Shaw

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Sr Janice Bemowski Rc

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Keith Zekind

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

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.

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
2024
Filed
4 August 2025
IRS schema version
2024v5.2
Source object
202512169349301541

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