Form 990 for tax year 2024
Filed by CATHOLIC REVIVAL INITIATIVE INC.
Totals
- Total revenue
- $6,000
- Total expenses
- $500,251
- Contributions and grants received
- $6,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $622,006
- Total liabilities, end of year
- $1,116,257
- Net assets or fund balances, end of year
- -$494,251
- Program services expenses (Part IX)
- $274,458
- Management and general expenses
- $38,912
- Fundraising expenses
- $186,881
- Program service expenses (Part III)
- $274,458
Program services were 54.9% 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.
-
1f · All other contributions, gifts and grants
$6,000
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8c · Net income from fundraising events
total $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $127,231 · program services $12,723 · management and general $8,906 · fundraising $105,602
-
9 · Other employee benefits
total $11,964 · program services $1,197 · management and general $837 · fundraising $9,930
-
10 · Payroll taxes
total $11,463 · program services $1,147 · management and general $802 · fundraising $9,514
-
11b · Fees: legal
total $25,332 · program services $18,999 · management and general $6,333
-
11c · Fees: accounting
total $4,646 · program services $2,323 · management and general $2,323
-
11g · Fees: other
total $207,227 · program services $159,420 · management and general $0 · fundraising $47,807
-
12 · Advertising and promotion
total $32,282 · program services $28,867 · fundraising $3,415
-
13 · Office expenses
total $15,038 · program services $8,340 · management and general $3,444 · fundraising $3,254
-
14 · Information technology
total $35,633 · program services $26,725 · management and general $8,908
-
17 · Travel
total $24,816 · program services $12,408 · management and general $6,204 · fundraising $6,204
-
19 · Conferences, conventions and meetings
total $4,619 · program services $2,309 · management and general $1,155 · fundraising $1,155
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $604,853
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $17,153
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $16,257
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $1,100,000
-
27 · Net assets without donor restrictions
beginning of year $0 · end of year -$494,251
Mission and programs · 2024
Mission
Mission: Innovative, Vatican-approved funding model designed to restore and endow Catholic parishes, schools, and communities in perpetuity. Vision: Invest in vibrant, but under-resourced, Catholic communities by revitalizing iconic parishes, schools, and communities.
Activities or mission (Part I)
Innovative, Vatican-approved funding model designed to restore and endow Catholic parishes, schools, and communities in perpetuity.
-
Catholic Revival Initiative, Inc. ("CRI") is focused on restoring and endowing Catholic parishes and schools across the United States, particularly those in low-income areas. The organization aims to acquire existing Catholic properties (either directly or through related entities like title holding companies or supporting organizations), restore them, and create sustainable endowment funds to relieve local leaders of financial burdens. These revitalized premises are intended to become not just places of worship, but also full-fledged community hubs. CRI plans to lease the properties back to parishes at nominal rates and manage renovations, fundraising, and property maintenance while promoting holistic community support. CRI's first project will be the restoration of the Basilica of Sainte Anne de Detroit (the "Ste. Anne Basilica Church"), a parish that was established in 1701 and is the second oldest continuously operating Roman Catholic parish in the United States. CRI will raise funds to complete capital improvements and other repairs and restoration work to the facility, and will establish an endowment fund to support the continued maintenance, repair, and improvement of the premises in perpetuity.
Expenses $274,458
As filed on the 2024 return.
Listed in Part VII
-
Kevin P Doyle
PRESIDENT / DIRECTOR
- Total calculated
- $416,558
- From this org
- $0
- From related orgs
- $361,124
- Other
- $55,434
- Hours/week
- 15 + 47 related
Schedule J breakdown matched by us
- Base
- $0 + $241,124 related
- Bonus
- $0 + $120,000 related
- Other
- $0
- Deferred
- $0 + $16,228 related
- Nontaxable benefits
- $0 + $39,206 related
- Filer's total
- $0 + $416,558 related
-
Mark T Pulte
CHAIRPERSON / DIRECTOR
- Total calculated
- $3,004
- From this org
- $0
- From related orgs
- $3,004
- Other
- $0
- Hours/week
- 5 + 6 related
-
Nancy Pulte Rickard
DIRECTOR
- Total calculated
- $383,716
- From this org
- $0
- From related orgs
- $362,900
- Other
- $20,816
- Hours/week
- 1 + 46 related
Schedule J breakdown matched by us
- Base
- $0 + $252,967 related
- Bonus
- $0 + $87,000 related
- Other
- $0 + $22,933 related
- Deferred
- $0 + $20,700 related
- Nontaxable benefits
- $0 + $116 related
- Filer's total
- $0 + $383,716 related
-
Mirtha S Montecchi
SECRETARY / TREASURER
- Total calculated
- $283,855
- From this org
- $0
- From related orgs
- $268,015
- Other
- $15,840
- Hours/week
- 2 + 43 related
Schedule J breakdown matched by us
- Base
- $0 + $203,515 related
- Bonus
- $0 + $48,400 related
- Other
- $0 + $16,100 related
- Deferred
- $0 + $15,724 related
- Nontaxable benefits
- $0 + $116 related
- Filer's total
- $0 + $283,855 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)
- Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
- The organization relies on Pulte Family Charitable Foundation ("PFCF"), a related tax-exempt organization, to determine compensation of the organization's top management official. PFCF utilizes the following methods to review and determine compensation: -Compensation survey or study -Board approval
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.
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.
-
CRI - BASILICA OF STE ANNE INC
501(c)(3) · SUPPORTING ORG · FL · controlled entity
Directly controlled by CRI
-
PULTE FAMILY CHARITABLE FOUNDATION
501(c)(3) · GRANTMAKING · FL
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
STONECLIFFE ENTERTAINMENT INC
C Corporation · HOTEL OPERATIONS · MI
Directly controlled by PFCF
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 October 2025
- IRS schema version
- 2024v5.1
- Source object
- 202533009349301813
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.